久立特材(002318) - 2019 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was ¥176,952,414.18, representing a significant increase of 112.74% year-on-year[4]. - Operating revenue for the reporting period was ¥1,181,787,942.31, reflecting a growth of 14.06% compared to the same period last year[4]. - Basic earnings per share increased to ¥0.21, up 110.00% year-on-year[4]. - The net profit after deducting non-recurring gains and losses was ¥179,471,751.47, an increase of 125.72% year-on-year[4]. - The total profit for the current period was ¥210,090,993.23, compared to ¥96,691,493.35 in the previous year, marking a growth of 117.5%[32]. - Net profit for the current period was ¥178,286,338.33, representing a significant increase of 123.5% from ¥79,537,733.85 year-on-year[32]. - The company achieved a net profit attributable to shareholders of ¥387,897,168.87, compared to ¥215,580,126.93 in the same period last year, an increase of 80.0%[37]. - Net profit for the period reached ¥487,991,387.74, up from ¥218,170,210.45, indicating a growth of approximately 123.8% year-over-year[40]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥5,587,383,338.54, an increase of 7.82% compared to the end of the previous year[4]. - The company’s total liabilities decreased by 63.88% in short-term borrowings, amounting to RMB 16,001,153.06, due to the repayment of short-term loans[11]. - The total liabilities increased to CNY 2,139,060,437.62, up from CNY 1,892,138,566.32, representing an increase of approximately 13.06% year-over-year[25]. - The company’s total equity increased to CNY 3,448,322,900.92 from CNY 3,289,970,159.46, representing a growth of about 4.81%[26]. - The company reported a significant increase in accounts receivable, totaling CNY 707,877,752.72, up from CNY 573,627,229.10 in the previous period[23]. - The company’s cash and cash equivalents decreased to CNY 600,079,147.45 from CNY 706,943,254.96, a decline of approximately 15.06%[27]. Cash Flow - Net cash flow from operating activities was ¥41,756,647.66, a decrease of 80.43% compared to the same period last year[4]. - The company’s cash flow from financing activities improved by 79.75%, resulting in a net outflow of RMB -77,046,906.82, due to higher net borrowings from banks[11]. - Cash flow from operating activities generated a net amount of ¥417,025,410.60, slightly up from ¥410,311,623.86, showing a marginal increase of 1.7%[44]. - Investment activities resulted in a net cash outflow of ¥526,376,166.00, compared to a net outflow of ¥154,053,793.13 in the previous year, indicating a significant increase in investment spending[45]. - Financing activities produced a net cash outflow of ¥77,046,906.82, an improvement from a net outflow of ¥380,510,161.08 in the previous year, suggesting better cash management[45]. Shareholder Information - The total number of shareholders at the end of the reporting period was 43,880[8]. - The largest shareholder, Jiuli Group Co., Ltd., holds 39.57% of the shares, totaling 333,023,186 shares[8]. - The company’s major shareholders include Jiuli Group Co., Ltd. with 333,023,186 shares, representing a significant portion of the equity[10]. Research and Development - The company's R&D expenses increased to ¥46,677,878.09, up 9.4% from ¥42,781,545.37 in the previous year[31]. - Research and development expenses rose to ¥129,296,246.06, compared to ¥111,037,592.84 in the same period last year, reflecting a focus on innovation[36]. - R&D expenses increased to ¥118,755,821.46 from ¥102,879,485.68, representing a growth of approximately 15.5% year-over-year[40]. Tax and Financial Management - The company’s income tax expenses rose by 60.86% to RMB 67,469,555.17, correlating with an increase in total profit[11]. - Tax expenses for the period were ¥67,469,555.17, compared to ¥41,942,514.00 in the previous year, reflecting higher profitability[37]. - The company received tax refunds amounting to ¥80,865,903.60, compared to ¥41,862,323.58 in the same period last year, which is an increase of approximately 93.1%[44].