精艺股份(002295) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period reached CNY 1,641,479,728.11, a year-on-year increase of 43.62%[7] - Net profit attributable to shareholders increased by 380.99% to CNY 22,504,427.29 for the reporting period[7] - The net profit after deducting non-recurring gains and losses rose by 324.91% to CNY 19,900,457.79[7] - Basic earnings per share increased by 350.00% to CNY 0.09[7] - Operating profit increased to CNY 29,409,013.69 from CNY 6,886,664.83 year-on-year, representing a significant growth[46] - Net profit for the quarter reached CNY 22,504,427.29, up from CNY 4,678,793.69, indicating a strong performance[46] - The company reported a total comprehensive income of CNY 19,498,490.86 for the quarter, compared to CNY 4,922,358.59 previously[47] - Basic and diluted earnings per share were both CNY 0.09, an increase from CNY 0.02 in the prior year[47] Assets and Liabilities - Total assets increased by 46.34% to CNY 2,980,189,266.34 compared to the end of the previous year[7] - The total liabilities increased to CNY 1,770,559,845.09 from CNY 846,809,549.50 year-over-year[38] - The total current liabilities reached CNY 1,745,388,390.81, compared to CNY 826,685,839.91 in the previous year[38] - The company's non-current assets totaled CNY 579,181,863.55, compared to CNY 555,612,627.57 at the end of 2019[41] - The total owner's equity as of September 30, 2020, was CNY 1,209,629,421.25, an increase from CNY 1,189,706,917.97 at the end of 2019[39] Cash Flow - Cash flow from operating activities decreased by 42.92% to CNY 77,683,981.91[7] - The net cash flow from operating activities decreased by 37.09% to CNY 143.01 million, attributed to increased procurement costs for inventory preparation[19] - The net cash flow from investing activities significantly worsened, with a net outflow of CNY 196.80 million, a 1495.82% increase in outflow compared to the previous year[19] - The ending cash and cash equivalents balance decreased to ¥59,542,039.29 from ¥143,766,477.79, a decline of 58.6%[63] Expenses - Research and development expenses rose by 96.30% to CNY 5.39 million, reflecting a significant increase in investment in R&D activities[18] - The company's financial expenses increased by 83.73% to CNY 13.39 million, primarily due to higher discount interest expenses[18] - Financial expenses increased to CNY 13,390,071.45 from CNY 7,287,997.90, primarily due to higher interest expenses[46] - The company experienced a decrease in tax expenses, which were CNY 6,815,184.37 compared to CNY 2,066,429.91 in the previous period[46] Shareholder Information - The total number of shareholders at the end of the reporting period was 14,274[11] - The company's cash and cash equivalents increased by 170.03% to approximately CNY 936.63 million due to reasonable reserves for upcoming payments and margin increases[16] Inventory and Accounts - The total inventory increased by 78.01% to approximately CNY 272.06 million, driven by preparations for next month's sales[16] - Accounts receivable rose to ¥980.42 million, up from ¥827.50 million, indicating an increase of 18.4% year-over-year[36] - The accounts receivable decreased to CNY 190,330,700.86 from CNY 267,274,181.94 year-over-year, reflecting a reduction in outstanding payments[39] Investment and Derivatives - The company reported a 221.73% increase in investment income to CNY 1.31 million, mainly due to higher gains from trust product disposals[18] - The company’s derivative investments totaled ¥3.49 billion at the end of the reporting period, with a net profit of ¥440.41 million realized during the period[25] Operational Performance - The total operating costs amounted to CNY 1,616,058,759.08, up from CNY 1,141,496,456.48, showing a rise in operational expenses[46] - The company reported a total cash inflow from sales of goods and services of ¥4,903,985,082.15, an increase from ¥4,587,649,949.23, reflecting a growth of 6.9%[62]