博云新材(002297) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 106,838,712.60, down 21.52% year-on-year, and CNY 269,346,455.71 for the year-to-date, a decrease of 34.73%[7] - Net profit attributable to shareholders was a loss of CNY 6,588,838.90, a decline of 586.86% compared to the same period last year, with a year-to-date loss of CNY 13,863,942.15, down 325.16%[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 11,783,587.88, a decrease of 220.71% year-on-year, and a year-to-date loss of CNY 28,477,772.10, down 480.76%[7] - Basic and diluted earnings per share were both CNY -0.0140, a decline of 582.76% compared to the same period last year[7] - The company reported a net loss of CNY 108,960,109.26 in retained earnings, compared to a loss of CNY 95,096,167.11 in the previous period[29] - The net profit for the current period is a loss of $7.23 million, compared to a profit of $1.59 million in the previous period, indicating a significant decline[37] - The total profit decreased by 170.71% to -¥13,002,590.83, reflecting the impact of market conditions on the hard alloy segment[15] Cash Flow - The company reported a net cash flow from operating activities of CNY -27,145,684.82, a decrease of 216.50% year-on-year[7] - The total cash flow from operating activities was ¥197,808,426.36, a decrease from ¥463,754,236.20 in the previous period[51] - Cash inflow from operating activities totaled 227,023,642.23 CNY, while cash outflow was 254,169,327.05 CNY, leading to a negative cash flow from operations[52] - The net cash flow from operating activities for Q3 2019 was -27,145,684.82 CNY, compared to 23,301,225.67 CNY in the same period last year, indicating a significant decline in operational cash generation[52] - The net cash flow from investment activities was -30,583,803.46 CNY, an improvement from -163,618,716.38 CNY in the same period last year, indicating better investment management[53] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,118,013,445.55, a decrease of 3.35% compared to the end of the previous year[7] - Current liabilities totaled CNY 391,170,689.51, down from CNY 513,961,594.05 in the previous period, indicating a reduction of approximately 23.8%[28] - Non-current liabilities increased to CNY 177,487,080.54 from CNY 113,088,718.22, representing a rise of about 56.8%[28] - The company's total equity decreased to CNY 1,549,355,675.50 from CNY 1,564,469,964.83, reflecting a decline of approximately 1%[29] - Total liabilities reached CNY 627,050,312.27, with current liabilities at CNY 513,961,594.05 and non-current liabilities at CNY 113,088,718.22[62] - The company reported a negative retained earnings of CNY -185,836,328.62[66] Shareholder Information - The total number of shareholders at the end of the reporting period was 48,596[11] - The top three shareholders held 36.10% of the total shares, with the largest shareholder holding 15.38%[11] Research and Development - Research and development expenses increased by 40.18% to ¥11,826,279.95, driven by higher R&D spending at subsidiary Changsha Xinhang[15] - The company reported a significant increase in R&D expenses, totaling ¥11,826,279.95, up 40.5% from ¥8,436,548.39 in the previous period[42] Investment Activities - Total cash inflow from investment activities was 780,243,030.85 CNY, up from 360,897,551.02 CNY year-over-year, reflecting increased investment returns[53] - Investment losses amounted to $5.26 million, an improvement from a loss of $7.46 million in the previous period[36] - Investment losses were reported at ¥12,063,361.96, an improvement from losses of ¥17,343,136.79 in the previous period[42] Financial Management - The company did not engage in any repurchase transactions during the reporting period[12] - The company has not undergone an audit for the third quarter report[67]