电科网安(002268) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 431,712,527.50, down 2.71% year-on-year[3] - Net profit attributable to shareholders was CNY 18,874,474.48, a decrease of 4.54% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 18,723,589.57, a decrease of 4.22% year-on-year[3] - Basic earnings per share were CNY 0.0140, down 40.68% from the same period last year[3] - Total operating revenue for Q3 2019 was CNY 431,712,527.50, a decrease of 2.33% compared to CNY 443,749,752.81 in the same period last year[26] - Net profit for Q3 2019 was CNY 20,084,758.23, down 8.38% from CNY 21,917,441.90 in Q3 2018[27] - The company reported a gross profit margin of approximately 2.73% for Q3 2019, compared to 3.00% in the same period last year[26] - The company reported a net profit attributable to shareholders of ¥-63,604,244, compared to ¥-73,462,221 in the previous period, showing an improvement of 13.5%[33] Cash Flow - The net cash flow from operating activities was CNY -22,101,158.99, improving by 81.34% compared to the previous year[3] - Cash flow from operating activities showed a net outflow of CNY 602.56 million, worsening from a net outflow of CNY 564.46 million in the same period last year[38] - Cash inflow from operating activities totaled 214,577,868.32 yuan, compared to 166,098,661.52 yuan in the previous period, reflecting a 29.1% increase[40] - Cash outflow from operating activities was 283,488,514.14 yuan, up from 254,914,641.33 yuan, representing an increase of 11.3%[40] - The cash flow from investing activities showed a net outflow of 119,652,940.21 yuan, significantly higher than the previous period's outflow of 6,252,572.83 yuan[41] Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,569,563,599.51, a decrease of 10.46% compared to the end of the previous year[3] - Cash and cash equivalents decreased by 47.51% compared to the beginning of the year, primarily due to the repayment of a 250 million RMB loan, inventory purchases, and tax payments from the previous year[9] - Other current assets increased by 41.37% compared to the beginning of the year, mainly due to increased inventory purchases and deductible input tax[9] - The total liabilities decreased from ¥1,765,599,218.97 to ¥1,190,517,068.31, reflecting a reduction of about 32.5%[21] - The total equity attributable to shareholders decreased from ¥4,406,885,517.19 to ¥4,330,706,233.19, a decline of approximately 1.7%[22] - The total assets amounted to 6,220,278,883.90 yuan, remaining unchanged from the previous period[44] - The total liabilities were 1,689,200,858.75 yuan, consistent with the previous period's figures[44] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 32,250[5] - The largest shareholder, China Electronics Technology Network Information Security Co., Ltd., held 35.43% of the shares[5] - The company’s major shareholder, China Electronics Technology Network Information Security Co., Ltd., holds approximately 35.43% of the total share capital after share transfers[6] Research and Development - Development expenditures grew by 59.31% compared to the beginning of the year, reflecting an increase in capitalized R&D expenses[9] - Research and development expenses for Q3 2019 were CNY 33,516,320.67, down 27.77% from CNY 46,408,515.11 in Q3 2018[27] - Research and development expenses decreased to ¥13,079,357, down 65.8% from ¥38,264,942 in the previous period[29] Financial Management - The company has not reported any overdue or unrecoverable amounts related to entrusted financial management, indicating a stable financial management strategy[17] - The company reported a significant reduction in short-term borrowings, which were not listed in the current report compared to ¥250,000,000.00 in the previous period[20] - Financial expenses increased by 33.61% year-on-year, attributed to the gradual use of raised funds and a decrease in interest income due to lower market rates[10] Other Notable Points - The company did not engage in any repurchase transactions during the reporting period[7] - The company reported a 100.00% increase in credit impairment losses year-on-year, due to the implementation of new financial instrument standards[10] - The company is facing potential impacts from the bankruptcy proceedings of a developer related to a property project purchased with raised funds[11] - The company has deferred income of CNY 76,398,360.22, contributing to non-current liabilities[45] - The company’s retained earnings stood at CNY 923,461,339.03, indicating a strong profit retention strategy[45] - The company has not undergone an audit for the third quarter report, which may affect the reliability of the financial data presented[50]