联发股份(002394) - 2019 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was ¥75,162,137.88, a decrease of 35.37% year-on-year[7]. - Operating revenue for the reporting period was ¥995,735,595.34, down 4.95% compared to the same period last year[7]. - Basic earnings per share decreased by 35.50% to ¥0.2322[7]. - The company reported a net profit of CNY 8,772,817.66 for the period, down from CNY 11,985,961.82 in the previous year[41]. - Net profit for Q3 2019 was CNY 73.79 million, down 35.7% from CNY 114.57 million in Q3 2018[45]. - The company reported a total profit of ¥316,741,468.18, slightly lower than ¥331,001,718.47 from the previous year[49]. - Total comprehensive income for Q3 2019 was CNY 72.98 million, a decrease of 36.6% from CNY 115.06 million in Q3 2018[43]. Revenue and Costs - Total operating revenue for the period was ¥2,875,465,725.29, a decrease of 10.5% compared to ¥3,212,110,632.28 in the previous period[47]. - Total operating costs amounted to ¥2,604,808,241.01, down 10.8% from ¥2,921,241,362.41 in the prior period[47]. - Total operating costs decreased to CNY 882,080,589.29, down 5.0% from CNY 927,689,735.25 year-on-year[41]. - The company experienced a decrease in sales expenses to ¥117,032,178.03 from ¥141,078,856.11, indicating cost control measures[47]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥4,345,481,933.97, an increase of 2.27% compared to the previous year[7]. - Total liabilities reached CNY 1,027,404,418.64, with current liabilities at CNY 973,386,394.83 and non-current liabilities at CNY 54,018,023.81[67]. - Total assets amounted to CNY 4,248,993,575.15, with current assets at CNY 2,685,311,893.48 and non-current assets at CNY 1,563,681,681.67[65]. - The total liabilities to equity ratio was approximately 0.32, indicating a conservative leverage position[67]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥488,476,431.36, an increase of 10.18%[7]. - The net cash flow from investment activities is CNY 299,762,524.22, significantly higher than CNY 69,061,907.11 from the previous period, marking a substantial increase of approximately 334.5%[58]. - The total cash inflow from investment activities reached CNY 8,571,098,835.81, compared to CNY 7,759,388,707.74 in the previous period, indicating an increase of about 10.4%[58]. - The total cash and cash equivalents at the end of the period stand at CNY 670,894,708.85, up from CNY 532,347,131.26 in the previous period, reflecting an increase of about 25.9%[58]. Shareholder Information - The company had a total of 21,140 common shareholders at the end of the reporting period[11]. - Jiangsu Lianfa Group Co., Ltd. held 38.89% of the shares, making it the largest shareholder[11]. - The company did not engage in any repurchase transactions during the reporting period[12]. Research and Development - R&D expenses increased by 355.39% year-on-year, primarily due to increased investment in research and development[16]. - Research and development expenses increased significantly to CNY 5,280,699.85, compared to CNY 1,132,821.30 in the previous year, marking a 366.5% increase[41]. - Research and development expenses increased to CNY 1.86 million, up 269.5% from CNY 0.50 million in the previous year[45]. Other Financial Metrics - The weighted average return on net assets was 2.32%, down 1.41% from the previous year[7]. - Non-recurring gains and losses totaled ¥47,643,231.56 after tax[9]. - The company reported a gross profit margin of 18.9% in Q3 2019, compared to 18.2% in Q3 2018[45]. - Other comprehensive income after tax was negative at -¥1,553,276.32, compared to a positive ¥883,221.65 in the prior period[49].