章源钨业(002378) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was ¥58,589,367.15, representing a significant increase of 169.52% year-on-year[10]. - Operating revenue for the period was ¥543,404,561.19, reflecting a growth of 3.39% compared to the same period last year[10]. - Basic earnings per share increased to ¥0.0634, up 169.52% from the same period last year[10]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥45,926,590.36, a year-on-year increase of 145.73%[10]. - Total profit decreased by 109.97 million RMB, a decline of 96.06% compared to the previous year[33]. - Net profit attributable to the parent company decreased by 111.10 million RMB, a decline of 97.35% compared to the previous year[33]. - Operating profit decreased by 106.79 million yuan, a decline of 97.01% compared to the same period last year, primarily due to cost reduction and efficiency improvement measures[40]. - The company reported a net loss of CNY 23,177,271.55, compared to a loss of CNY 20,158,693.73 in the previous year, indicating a worsening of approximately 15.0%[79]. - Net profit for the current period was ¥79,209,375.19, compared to a net loss of ¥16,938,977.35 in the previous period, indicating a significant turnaround[105]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥3,995,260,932.53, an increase of 8.31% compared to the end of the previous year[10]. - The company's total liabilities reached CNY 2,343,356,486.26, up from CNY 1,997,428,014.71, marking an increase of about 17.3%[77]. - Current liabilities rose to CNY 1,509,887,480.54, compared to CNY 1,375,344,861.22, indicating an increase of approximately 9.7%[77]. - The total equity attributable to shareholders decreased to CNY 1,644,419,087.51 from CNY 1,684,806,612.51, reflecting a decline of approximately 2.4%[79]. - Cash and cash equivalents stood at CNY 353,637,226.20, down from CNY 369,615,353.93, indicating a decrease of about 4.5%[81]. - Total liabilities increased to ¥2,220,529,516.94 from ¥1,862,945,403.98, marking an increase of approximately 19.2%[86]. - Total equity rose to ¥2,700,581,563.49 from ¥2,675,704,684.23, reflecting a growth of about 0.9%[86]. Cash Flow - The net cash flow from operating activities was ¥67,454,834.42, a decrease of 57.44% compared to the previous year[10]. - Cash inflow from operating activities totaled 1,393.16 million yuan, an increase of 265.47 million yuan, or 23.54% compared to the previous year[41]. - Cash outflow from operating activities amounted to 1,032.72 million yuan, an increase of 156.68 million yuan, or 17.88% year-on-year[41]. - Cash inflow from financing activities decreased by 520.30 million yuan, a decline of 38.54%, due to adjustments in financing structure and increased use of acceptance bills[42]. - The ending cash and cash equivalents balance was $135,726,939.48, down from $311,592,230.17 in the previous period, reflecting a decrease of 56.5%[133]. Shareholder Information - The total number of shareholders at the end of the reporting period was 50,535, with the largest shareholder holding 64.22% of the shares[15]. - The company has committed to a shareholder return plan for 2020-2022, approved on June 19, 2020[55]. - The company repurchased 8,500,036 shares, accounting for approximately 0.92% of the total share capital, with a total expenditure of 39.92 million yuan[47]. Research and Development - Research and development expenses decreased to ¥8,069,471.32 from ¥14,759,152.98, a reduction of approximately 45%[92]. - Research and development expenses were ¥26,138,569.99, down from ¥40,238,314.54, showing a decrease of approximately 35%[106]. - Development expenditures increased by 16.72 million RMB, an increase of 127.54% as some R&D projects entered the pilot stage[27]. Government and Non-Operating Income - The company reported a government subsidy income of ¥42,587,294.54 during the reporting period[11]. - Non-operating income and expenses amounted to -¥918,674.70, indicating a negative impact on overall profitability[11]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[66].