华东数控(002248) - 2020 Q3 - 季度财报

Financial Performance - Operating income for the current period was ¥54,362,681.14, an increase of 66.82% year-on-year[8]. - The company's operating revenue for the reporting period was ¥156,203,023.57, representing a year-on-year increase of 40.84% compared to ¥110,904,961.70 in the same period last year[17]. - Total operating revenue for the current period reached ¥54,362,681.14, a significant increase of 66.83% compared to ¥32,587,573.24 in the previous period[40]. - The company's operating revenue for the current period reached ¥152,551,536.73, a significant increase of 49.4% compared to ¥102,091,728.40 in the previous period[46]. - The total operating costs increased to ¥122,945,647.22 from ¥93,727,702.50, reflecting a rise of 31.2%[46]. Net Profit and Loss - Net profit attributable to shareholders was -¥41,242,640.50, a decrease of 206.53% year-on-year[8]. - The company reported a net loss of CNY 1,055,015,959.89 as of September 30, 2020, compared to a loss of CNY 980,822,103.36 at the end of 2019[34]. - Net profit for the current period was -¥51,984,289.39, compared to a net profit of ¥36,549,512.06 in the previous period, indicating a substantial loss[40]. - The net profit for the current period was a loss of ¥2,589,144.70, contrasting with a profit of ¥15,243,443.12 in the previous period[46]. Assets and Liabilities - Total assets decreased by 26.98% to ¥440,393,599.65 compared to the end of the previous year[8]. - Current liabilities decreased to CNY 347,465,245.94 from CNY 482,788,330.90, a reduction of about 28.0%[34]. - The company’s total liabilities decreased to CNY 382,407,203.17 from CNY 517,730,288.13, a reduction of approximately 26.0%[34]. - The total current assets decreased to CNY 348,913,598.65 from CNY 404,017,565.74, a decline of about 13.7%[32]. Cash Flow - Net cash flow from operating activities was -¥14,008,033.54, a decrease of 116.72% year-on-year[8]. - The net cash flow from operating activities was a negative ¥920,938.05, an improvement from a negative ¥16,497,771.47 in the previous period[48]. - Cash and cash equivalents decreased by 58.65% to ¥38,196,994.27 from ¥92,372,892.46, primarily due to significant repayments of related party loans[17]. - Cash and cash equivalents at the end of the period decreased to ¥25,440,190.46 from ¥84,710,288.12, a decline of 70.0%[48]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,810[12]. - The largest shareholder, Weihai Weigao International Medical Investment Holding Co., Ltd., holds 17.50% of the shares[12]. Research and Development - Research and development expenses increased by 62.75% to ¥4,954,635.12 from ¥3,044,265.15, driven by higher material investments in new product development[17]. - Research and development expenses increased to ¥1,657,789.65, up from ¥582,514.81, reflecting a focus on innovation[40]. - Research and development expenses rose to ¥4,954,635.12, up from ¥3,044,265.15, marking an increase of 62.8%[46]. Other Financial Metrics - Basic earnings per share was -¥0.13, a decrease of 200.00% year-on-year[8]. - Basic and diluted earnings per share for the current period were both -¥0.13, down from ¥0.13 in the previous period[40]. - Basic and diluted earnings per share for the current period were both -¥0.01, compared to ¥0.05 in the previous period[46]. - The weighted average return on net assets was -169.41%, a decrease of 210.91% year-on-year[8]. - The company recorded a significant increase in credit impairment losses, amounting to ¥4,094,371.72, compared to ¥13,959,560.19 in the previous period[40]. - The company experienced a significant increase in credit impairment losses, which amounted to ¥131,496,738.28, compared to ¥8,558,895.10 in the previous period[46]. Investment Activities - The company recorded an investment loss of ¥57,621,413.99, a drastic increase from a loss of ¥98,062.40, resulting from the transfer of its subsidiary Hongjiu Forging[17]. - The company reported an investment loss of -¥57,297,245.87, compared to a minimal loss of -¥17,081.01 in the previous period[40]. - The company has decided to cease operations of its subsidiary Hongjiu Forging and transfer 84.41% of its equity to Zhukou Group for ¥1, aiming to optimize the asset-liability structure[19].