协鑫集成(002506) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the period was CNY 1,351,479,253.86, a decline of 30.46% year-on-year[10] - Net loss attributable to shareholders was CNY -65,335,650.94, representing a decrease of 20.06% compared to the same period last year[10] - The company reported a net profit attributable to shareholders after deducting non-recurring gains and losses of CNY -66,062,020.36, down 47.70% year-on-year[10] - Basic earnings per share were CNY -0.013, a decrease of 18.18% year-on-year[10] - The net profit for the current period is a loss of CNY 257,973,083.79, compared to a loss of CNY 31,048,966.54 in the previous period[85] - The total comprehensive income for the current period is a loss of CNY 261,041,551.94, compared to a loss of CNY 31,455,608.38 in the previous period[87] - The total operating revenue for the current period is CNY 4,566,547,899.00, a decrease of approximately 35% compared to CNY 7,032,277,856.89 in the previous period[78] - The total operating costs for the current period amount to CNY 4,820,789,137.24, down from CNY 7,248,828,247.04, indicating a reduction of about 33%[78] Assets and Liabilities - Total assets decreased by 18.18% to CNY 13,126,386,626.75 compared to the end of the previous year[10] - The total current assets as of September 30, 2020, amounted to approximately CNY 5.14 billion, a decrease from CNY 8.08 billion at the end of 2019[43] - Total liabilities decreased from ¥11,599,706,516.26 to ¥8,938,719,205.93, a decline of about 23.0%[49] - The company's total equity decreased from ¥4,442,406,318.58 to ¥4,187,667,420.82, a decline of approximately 5.7%[52] - The total liabilities amount to ¥6,442,851,550.80, a decrease from ¥7,632,394,797.04, representing a reduction of 15.7%[59] - The company's total liabilities included short-term borrowings of $3.21 billion and accounts payable of $2.68 billion[113] Cash Flow - Cash flow from operating activities dropped by 98.03% to CNY 8,564,898.18[10] - Net cash flow from operating activities decreased by 86.24% compared to the same period last year, primarily due to a decline in operating income[25] - Cash flow from operating activities generated a net amount of ¥108,162,549.75, down 86.23% from ¥786,260,029.59 in the previous period[98] - The cash inflow from investment activities was $12.73 thousand, while cash outflow was $90 million, resulting in a net cash flow of $244 million from investment activities[105] Shareholder Information - The total number of shareholders at the end of the reporting period was 304,273[14] - The top shareholder, Yingkou Qiyin Investment Management Co., Ltd., held 20.12% of shares, totaling 1,022,630,000 shares[14] Operational Challenges - Cash and cash equivalents decreased by 69.82% compared to the beginning of the period, primarily due to reduced restricted funds and decreased operating income impacted by COVID-19[23] - Operating revenue and operating costs decreased by 35.06% and 35.73% year-on-year, mainly due to the impact of COVID-19[24] - The company is actively communicating with stakeholders to resolve contractual disputes related to its subsidiary GCL System Integration Technology PTE. LTD.[17] Research and Development - Research and development expenses increased to ¥17,521,148.46 from ¥8,575,042.72, marking a rise of 104.5%[63] - The research and development expenses for the current period are CNY 85,979,708.53, slightly down from CNY 88,573,388.27 in the previous period[81]