超华科技(002288) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥389,217,825.05, representing a year-on-year increase of 25.61%[7] - Net profit attributable to shareholders was ¥15,337,229.16, a significant increase of 335.05% compared to the same period last year[7] - Basic earnings per share for the reporting period was ¥0.0165, up 335.71% year-on-year[7] - The company reported a net profit attributable to shareholders of ¥-24,119,989.94 for the year-to-date, a decrease of 194.08% compared to the same period last year[7] - Net profit for Q3 2020 reached CNY 15,197,104.80, compared to a net loss of CNY 6,554,297.39 in the same period last year[46] - Net profit for the period was -¥11,459,014.10, compared to -¥24,383,045.30 in the previous period, indicating an improvement in financial performance[51] - The net profit for the third quarter was a loss of CNY 26,982,358.47, compared to a profit of CNY 3,183,985.67 in the previous year, representing a significant decline[59] Cash Flow - Net cash flow from operating activities was ¥40,743,378.93, an increase of 254.14% compared to the same period last year[7] - Cash received from operating activities surged by 1505.10% to ¥125,962,790.34, driven by increased receivables and government subsidies[20] - The net cash flow from operating activities for the period was ¥75,728,172.31, an increase of 118% compared to ¥34,682,974.77 in the previous period[64] - Total cash inflow from operating activities reached ¥1,092,959,278.52, up from ¥1,012,391,819.75, indicating a growth of approximately 8%[64] - Cash outflow from operating activities was ¥1,017,231,106.21, compared to ¥977,708,844.98 in the previous period, reflecting an increase of about 4%[64] Assets and Liabilities - Total assets at the end of the reporting period reached ¥3,365,287,971.53, an increase of 5.03% compared to the end of the previous year[7] - The total liabilities reached CNY 1,814,148,473.21, up from CNY 1,619,778,726.06, representing an increase of approximately 11.99%[38] - The company's equity attributable to shareholders decreased to CNY 1,545,567,233.89 from CNY 1,578,333,829.89, a decline of about 2.08%[39] - Total current liabilities were CNY 1,415,614,730.77, with short-term borrowings of CNY 602,500,000.00[74] - Total liabilities amounted to CNY 1,614,922,041.00, indicating the company's debt obligations[74] Government Subsidies - The company received government subsidies amounting to ¥8,053,311.28 during the reporting period[8] - The company received government subsidies totaling ¥2,953,607.60 during the reporting period, contributing to a 362.27% increase in other income to ¥8,053,902.48[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 54,203[11] - Unallocated profits decreased by 34.91% to ¥44,975,513.55, impacted by current period profits[16] Research and Development - Research and development expenses for Q3 2020 were CNY 17,175,311.24, slightly down from CNY 18,945,235.97[45] - Research and development expenses were ¥49,392,636.65, slightly down from ¥53,038,161.99, indicating continued investment in innovation[52] - Research and development expenses remained stable at CNY 29,169,363.75, compared to CNY 29,106,532.44 in the previous year[57] Investment Activities - The company established a wholly-owned subsidiary, Guangdong Super Hua New Material Technology Co., Ltd., to implement a project for producing 20,000 tons of high-precision electronic copper foil[21] - The company plans to raise funds through a non-public offering to support projects including the production of 10,000 tons of ultra-thin lithium battery copper foil[22] Impairment and Losses - The company reported a 299.40% increase in asset impairment losses, amounting to -¥10,249,451.25, due to the reversal of bad debts[18] - The company experienced a credit impairment loss of ¥9,999,663.18, compared to a gain of -¥2,369,194.53 in the previous period, indicating increased credit risk[54] Comprehensive Income - Other comprehensive income after tax was CNY -1,882,081.49, compared to CNY 3,720,130.49 in the same period last year[46] - The total comprehensive income attributable to the parent company was -¥32,766,596.00, down from ¥28,015,523.57 in the previous period[55]