云南锗业(002428) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥103,278,314.02, a decrease of 13.48% year-on-year[8] - Net profit attributable to shareholders was -¥2,505,896.39, representing a decline of 270.44% compared to the same period last year[8] - Basic earnings per share were -¥0.004, a decrease of 300.00% compared to the previous year[8] - The weighted average return on net assets was -0.17%, down from -0.27% in the previous year[8] - The company's operating revenue for the first nine months of 2019 was CNY 332.92 million, an increase of 4.18% compared to CNY 319.57 million in the same period of 2018[20] - The operating profit was CNY -8.70 million, a decrease of 184.10% from CNY 10.35 million in the previous year[22] - The net profit attributable to shareholders was CNY -10.75 million, down 218.31% from CNY 9.09 million in the same period last year[25] - The gross profit margin decreased to 16.69%, down 5.68 percentage points from 22.37% in the previous year[22] - The company's net profit for the current period was not explicitly stated, but the decrease in revenue and costs indicates a challenging financial environment[79] - The net profit for the current period was -¥6,920,553.97, compared to -¥155,376.94 in the previous period, indicating a significant increase in losses[89] - The total profit for the current period was -¥8,431,958.01, worsening from -¥354,808.45 in the previous period[89] - The company's operating profit was -¥8,410,765.40, compared to -¥234,808.45 in the previous period, reflecting a decline in operational performance[89] - The total comprehensive income for the current period was -¥6,920,553.97, compared to -¥155,376.94 in the previous period, indicating a worsening overall financial position[92] Cash Flow - The net cash flow from operating activities was ¥698,866.31, down 97.89% year-on-year[8] - Operating cash outflow increased by 40.90% compared to the same period last year, primarily due to a significant increase in the quantity of purchased germanium raw materials and cash payments for goods and services[47] - Net cash flow from operating activities decreased by 1,266.60% compared to the same period last year, mainly due to a substantial increase in cash payments for goods and services[47] - Cash outflow from financing activities decreased by 47.75% compared to the same period last year, mainly due to a reduction in the repayment of maturing working capital loans[48] - Net cash flow from financing activities increased by 651.49% compared to the same period last year, primarily due to the decrease in cash outflow from financing activities[48] - Cash inflow from operating activities was 362,389,853.29 CNY, an increase from 327,296,617.98 CNY year-on-year[110] - The net cash flow from operating activities was -88,123,685.70 CNY, a decline from 7,553,890.54 CNY in the previous year[110] - Cash inflow from financing activities totaled 297,586,000.00 CNY, compared to 275,254,630.00 CNY in the previous period[116] - The net cash flow from financing activities was 140,462,476.33 CNY, improving from -25,469,461.69 CNY year-on-year[116] Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,124,442,159.10, an increase of 11.15% compared to the previous year-end[8] - Total current assets as of September 30, 2019, amounted to CNY 718,615,211.22, an increase from CNY 487,420,367.03 in the same period last year[62] - Total assets as of September 30, 2019, reached CNY 2,124,442,159.10, compared to CNY 1,911,270,181.21 in the same period last year[62] - Total current liabilities increased to CNY 469,601,769.57 from CNY 330,287,698.71 in the same period last year[65] - Total liabilities amounted to CNY 595,059,700.94, up from CNY 371,253,204.53 in the same period last year[65] - The company's total liabilities increased to CNY 446,088,131.30 from CNY 220,131,976.26, indicating a significant rise in financial obligations[75] - The equity attributable to shareholders decreased to CNY 1,532,942,111.74 from CNY 1,538,797,962.66, reflecting a slight decline in shareholder value[78] Shareholder Information - The total number of shareholders at the end of the reporting period was 63,190[12] - The largest shareholder, Lincang Feixiang Smelting Co., Ltd., held 13.72% of the shares[12] - No significant changes in shareholder agreements or repurchase transactions were reported during the period[16] Research and Development - Development expenditures increased by 140.06% to CNY 30.43 million, reflecting enhanced investment in the "Ultra-pure Germanium Project"[30] - Research and development expenses for the current period were CNY 2,113,512.55, down from CNY 3,458,418.20, indicating a reduction in investment in innovation[79] - Research and development expenses amounted to ¥1,415,407.59, down from ¥1,766,935.84 in the previous period, showing a reduction in investment in innovation[89] - Research and development expenses decreased to ¥6,609,033.60 from ¥9,084,337.20, indicating a reduction in investment in this area[95] Expenses - The operating cost increased by 11.80% to CNY 277.35 million from CNY 248.07 million year-on-year[22] - Financial expenses surged by 137.25% to CNY 14.46 million, mainly due to increased bank loan utilization[41] - The company's financial expenses increased to ¥2,002,030.88 from ¥1,692,631.06 in the previous period, indicating higher borrowing costs[89] - The company's operating costs were ¥46,068,115.74, down from ¥61,322,447.82 in the previous period, suggesting improved cost management[89] - The total operating costs increased to ¥353,277,005.48, up 10.67% from ¥319,132,705.38 in the previous period[95] - Sales expenses rose by 40.44% to CNY 3.29 million, attributed to increased marketing efforts for new materials[40] - The company reported a significant increase in sales expenses, which rose to ¥3,291,488.94 from ¥2,343,663.78 in the previous period[95] - The tax expenses decreased to ¥3,904,937.77 from ¥4,841,420.13, reflecting a reduction in tax liabilities[95] Other Income - Non-operating income for the period included government subsidies amounting to ¥9,077,972.79[8] - Other income for the current period was ¥2,380,666.68, an increase from ¥1,201,666.67 in the previous period, indicating better performance in non-operational revenue streams[89]