通达股份(002560) - 2019 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was ¥23,150,698.93, representing a significant increase of 57.85% year-on-year[8]. - Operating revenue for the reporting period was ¥345,419,239.68, a decrease of 52.70% compared to the same period last year[8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥16,070,467.97, up by 21.28% year-on-year[8]. - Basic earnings per share increased by 51.46% to ¥0.0518[8]. - The weighted average return on net assets rose to 1.40%, an increase of 0.97 percentage points compared to the previous year[8]. - The net cash flow from operating activities was ¥13,554,080.86, a decrease of 104.53% compared to the same period last year[8]. - Net profit attributable to the parent company increased by 183.38% compared to the same period last year, mainly due to increased net profit of the parent company[17]. - Research and development expenses increased by 55.78% compared to the same period last year, mainly due to increased R&D investment by the parent company[17]. - Investment income increased by 5683.67% compared to the same period last year, mainly due to the disposal of available-for-sale financial assets[17]. - The net profit for Q3 2019 reached CNY 23,078,050.63, an increase of 53.4% from CNY 15,029,703.05 in Q3 2018[42]. - The net profit attributable to the parent company for the year-to-date period was CNY 79,059,907.58, up 184.5% from CNY 27,899,325.99 in the same period last year[49]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,914,112,383.34, an increase of 0.86% compared to the end of the previous year[8]. - Current assets decreased from CNY 1,704,794,823.34 to CNY 1,635,542,742.28, a decline of approximately 4.8%[31]. - Non-current assets increased from CNY 1,184,342,646.56 to CNY 1,278,569,641.06, an increase of about 7.9%[32]. - Total liabilities decreased from CNY 1,251,027,600.50 to CNY 1,165,885,036.28, a decline of approximately 6.8%[33]. - Owner's equity increased from CNY 1,638,109,869.40 to CNY 1,748,227,347.06, an increase of about 6.7%[34]. - The company's total liabilities amounted to CNY 1,183,072,924.82, compared to CNY 1,059,497,393.50 in the previous year, indicating an 11.6% increase[39]. - Total current liabilities were CNY 878,516,865.33, while total liabilities stood at CNY 1,059,497,393.50[71]. Cash Flow - The net cash flow from operating activities decreased by 38.59% compared to the same period last year, mainly due to a decrease in bank acceptance bill deposits[17]. - Cash flow from operating activities showed a net outflow of ¥240,568,764.89, an improvement from a net outflow of ¥391,723,897.83 in the previous period[56]. - Cash flow from investing activities resulted in a net outflow of ¥112,463,158.23, compared to a net outflow of ¥156,732,686.82 in the previous period[58]. - Cash flow from financing activities generated a net inflow of ¥274,920,573.48, down from ¥442,988,113.98 in the previous period[58]. - The net cash flow from operating activities was -255,892,333.34 CNY, compared to -169,382,193.74 CNY in the same period last year, indicating a decline in operational cash flow[61]. - The total cash inflow from financing activities reached 937,833,897.10 CNY, an increase from 717,887,625.25 CNY year-over-year[62]. Shareholder Information - The total number of shareholders at the end of the reporting period was 31,838[12]. - The largest shareholder, Shi Wanfu, holds 24.52% of the shares, amounting to 108,816,340 shares[12]. Research and Development - Research and development expenses rose to CNY 14,439,385.03, up from CNY 9,267,065.27, marking a 55.5% increase year-over-year[41]. - Research and development expenses increased significantly to ¥40,714,975.14, up from ¥26,484,517.35, marking a rise of 53.8%[53]. Comprehensive Income - The total comprehensive income for Q3 2019 was CNY 12,032,318.75, compared to CNY 6,415,723.92 in the previous period, indicating a growth of 87.5%[46]. - Other comprehensive income after tax was CNY -6,068,617.22, compared to CNY -1,436,595.88 in Q3 2018, indicating a decline in comprehensive income[42]. Operational Efficiency - Accounts receivable decreased by 78.41% compared to the beginning of the year, mainly due to bill discounting and payment for goods[16]. - Inventory decreased from CNY 260,606,985.07 to CNY 227,452,480.24, representing a decline of approximately 12.7%[31]. - The company reported a significant increase in prepayments from CNY 164,281,061.20 to CNY 208,600,971.28, a rise of approximately 27%[31]. - The cash outflow for purchasing goods and services was 1,172,793,498.96 CNY, an increase from 1,048,683,475.24 CNY year-over-year, indicating higher operational costs[61]. Future Outlook - The company expects to turn a profit in 2019, with a projected net profit of between 10,000 and 11,000 thousand yuan, compared to a loss of 1,155.58 thousand yuan in 2018[20].