富临运业(002357) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was ¥24,887,845.11, a decrease of 16.35% year-on-year[7]. - Operating revenue for the period was ¥179,886,057.95, down 19.65% compared to the same period last year[7]. - Basic earnings per share were ¥0.0794, reflecting a decline of 16.33% year-on-year[7]. - Total revenue decreased by 33.88% year-on-year, primarily due to the impact of COVID-19 and the contraction of the passenger transport market[15]. - Operating costs decreased by 31.13% year-on-year, corresponding to the reduction in revenue due to the pandemic[15]. - R&D expenses decreased by 40.64% year-on-year, mainly due to reduced investment in research and development[15]. - The net profit for the third quarter was CNY 70,594,870.83, a decrease of 33.3% compared to CNY 105,842,616.98 in Q3 2019[48]. - The total profit for Q3 2020 was CNY 86,136,774.73, down 30.8% from CNY 124,653,200.25 in the same period last year[48]. - The net profit attributable to the parent company increased to CNY 694,833,846.50 from CNY 567,870,942.50 year-on-year, reflecting a growth of approximately 22.3%[36]. Cash Flow - The net cash flow from operating activities was ¥1,816,733.52, a significant decrease of 95.72% compared to the same period last year[7]. - Cash flow from operating activities decreased by 195.135 million yuan year-on-year, mainly due to the absence of station demolition compensation received in the previous year and the impact of COVID-19[16]. - The net cash flow from operating activities for Q3 2020 was ¥11,915,402.68, a significant decrease from ¥207,050,427.94 in Q3 2019[56]. - Total cash inflow from operating activities was ¥467,322,112.91, compared to ¥860,847,309.52 in the previous year, indicating a decline of approximately 45.7%[56]. - The net cash flow from investing activities was -¥23,529,169.74, an improvement from -¥49,204,576.99 in the same period last year[57]. - The net cash flow from financing activities was ¥2,224,530.65, a recovery from -¥167,843,519.16 in Q3 2019[57]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,590,495,888.10, an increase of 0.52% compared to the end of the previous year[7]. - Total liabilities reached CNY 1,306,613,251.65, with current liabilities at CNY 864,149,619.44 and non-current liabilities at CNY 442,463,632.21[65]. - Long-term receivables decreased by 50.88% compared to the beginning of the year, primarily due to the recovery of receivables during the reporting period[15]. - Total assets amounted to CNY 2,577,067,365.91, with current assets at CNY 252,170,909.82 and non-current assets at CNY 2,324,896,456.09[63]. Shareholder Information - The company reported a total of 17,263 common shareholders at the end of the reporting period[11]. - The largest shareholder, Yongfeng Group Co., Ltd., held 29.90% of the shares, amounting to 93,733,221 shares[11]. - The company did not engage in any repurchase transactions during the reporting period[12]. - The company plans to raise 150 million yuan through a private placement of A-shares, fully subscribed by the controlling shareholder Yongfeng Group[17]. Changes in Accounting Practices - The company adjusted its revenue recognition for prepayments to contract liabilities as per new revenue standards[65]. - The company has adjusted its revenue recognition practices due to the implementation of new revenue standards, affecting contract liabilities[70]. Other Financial Metrics - The weighted average return on equity was 2.02%, a decrease of 0.54 percentage points from the previous year[7]. - Non-recurring gains and losses totaled ¥8,088,696.33, primarily from government subsidies and asset disposals[8]. - The company reported a decrease in research and development expenses to CNY 377,355.82 from CNY 678,544.19, a reduction of approximately 44.4%[39]. - The total comprehensive income for the third quarter was CNY 26,370,877.32, compared to CNY 30,796,192.38 in the same period last year[41].