*ST广田(002482) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was approximately ¥3.84 billion, representing a year-on-year increase of 14.15%[9] - Net profit attributable to shareholders of the listed company was approximately ¥171 million, up 14.66% compared to the same period last year[9] - The company reported a net profit decrease of 37.94% for the year-to-date compared to the same period last year[9] - Total operating revenue for the third quarter reached ¥3,841,561,244.13, an increase from ¥3,365,499,591.24 in the previous period[69] - Total operating revenue for the current period reached ¥3,106,572,793.27, an increase of 24.1% compared to ¥2,501,526,464.01 in the previous period[80] - Net profit for the period was ¥199,599,623.20, a decline of approximately 37.1% from ¥317,133,402.85 in the same period last year[90] - Operating revenue for the current period is approximately ¥6.48 billion, a decrease of 3.9% from ¥6.74 billion in the previous period[98] - Net profit for the current period is approximately ¥255.61 million, down 21.8% from ¥326.98 million in the previous period[101] Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥23.98 billion, a decrease of 1.88% compared to the end of the previous year[9] - The company's total assets reached ¥24,444,193,026.03, with current assets totaling ¥16,863,619,671.88[129] - Total liabilities amounted to ¥17,387,469,572.89, with non-current liabilities totaling ¥2,549,545,863.02[123] - Total current liabilities were reported at ¥10,859,319,838.07, with short-term borrowings of ¥2,211,562,068.88[129] - The company's total liabilities increased, with accounts payable at ¥5,489,757,634.46 compared to ¥5,649,822,996.88, a decrease of about 2.8%[54] - The total number of preferred shareholders is not applicable, indicating no preferred shares were issued[18] Cash Flow - Net cash flow from operating activities was approximately -¥497 million, a decrease of 16.87% compared to the previous year[9] - Net cash flow from operating activities improved by 104.10% to CNY 66,643,753.13 from a negative CNY 1,623,490,728.58, mainly due to increased customer payments[20] - Cash and cash equivalents decreased to ¥1,789,816,226.28 from ¥2,404,977,956.91, a decline of about 25.6%[61] - Cash flow from operating activities generated a net amount of approximately ¥66.64 million, a significant improvement from a net outflow of approximately ¥1.62 billion in the previous period[104] - Cash outflow from financing activities totaled ¥3,414,419,842.04, compared to ¥2,267,516,445.14 in the previous period, resulting in a net cash flow from financing activities of -¥795,399,359.44[113] Shareholder Information - The top ten shareholders held a combined 66.25% of the company's shares, with the largest shareholder holding 39.71%[13] - The company’s employee compensation payable decreased by 38.61% to CNY 43,753,708.69 from CNY 71,270,204.19 due to performance bonuses paid in the current period[20] Research and Development - The company has ongoing research and development efforts, focusing on new products and technologies to enhance market competitiveness[46] - Research and development expenses increased significantly to ¥108,608,240.93, compared to ¥44,298,002.47 in the previous period, reflecting a growth of 144.5%[75] - Research and development expenses were ¥203,344,278.03, slightly up from ¥202,881,787.18, indicating a focus on innovation despite overall cost reductions[87] Financial Ratios and Metrics - Basic earnings per share were ¥0.11, reflecting a decrease of 38.10% year-on-year[9] - The weighted average return on net assets was 2.43%, down 1.56% from the previous year[9] - Basic earnings per share for the current period was ¥0.11, up from ¥0.10 in the previous period[79] Legal and Compliance - The company provided a loan of RMB 50 million to Qingdao Panlong Real Estate Development Co., which was not repaid by the due date of July 21, 2014[27] - The court ruled that Qingdao Panlong must repay the principal of RMB 50 million along with interest, penalties, and compound interest, and allowed the bank to auction the mortgaged property for recovery[30] - The company reported no violations regarding external guarantees during the reporting period[42] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[43] Changes in Accounting Policies - The company executed the revised revenue recognition standards starting January 1, 2020, impacting retained earnings and financial statement items[133] - As of January 1, 2020, the company reclassified accounts receivable of 8,409,390,401.32 CNY to contract assets based on the progress of engineering project performance[134] - As of January 1, 2020, the company reclassified advance receipts related to goods sales and services amounting to 15,601,149.60 CNY to contract liabilities[134] - As of January 1, 2020, the company reclassified advance receipts exceeding revenue amounting to 412,208,486.52 CNY to contract liabilities based on the progress of engineering project performance[134]