奥拓电子(002587) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 260,782,829.23, down 34.70% year-on-year[8] - Net profit attributable to shareholders was CNY 12,071,967.12, a decline of 84.46% compared to the same period last year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 7,416,409.30, down 90.31% year-on-year[8] - Basic earnings per share were CNY 0.02, a decrease of 84.62% year-on-year[8] - The net profit attributable to the parent company was CNY 23.40 million, a year-on-year decrease of CNY 124.53 million, or 84.18%[18] - The company's net profit for Q3 2020 was not explicitly stated, but the decrease in revenue and costs indicates a potential impact on profitability[48][49] - The net profit for Q3 2020 was CNY 10,638,494.29, compared to CNY 77,804,171.12 in the same period last year, indicating a significant decline[50] - The total profit for the third quarter was CNY 19,129,818.35, a significant decline of 88.7% compared to CNY 169,954,606.31 in the same quarter last year[58] - The net profit attributable to the parent company was CNY 23,403,623.76, down 84.2% from CNY 147,931,571.80 in the previous year[59] - The company experienced a net loss of CNY 8,195,088.39 in the current period, contrasting with a net profit of CNY 43,900,320.77 in the previous year[55] Cash Flow - The net cash flow from operating activities was CNY 64,486,402.69, an increase of 91.10% compared to the previous year[8] - The net cash flow from operating activities was -80,779,179.57 CNY, compared to -92,507,060.40 CNY in the previous period, indicating a slight improvement[65] - Total cash inflow from operating activities was 717,744,243.08 CNY, down from 833,689,251.65 CNY year-over-year[65] - Cash outflow from operating activities totaled 798,523,422.65 CNY, compared to 926,196,312.05 CNY in the previous period[65] - The net cash flow from investing activities was -72,817,520.18 CNY, a decline from 43,063,486.82 CNY in the previous period[66] - Cash inflow from investing activities was 1,058,694,155.48 CNY, down from 1,223,925,587.13 CNY year-over-year[66] - Cash outflow from investing activities was 1,131,511,675.66 CNY, compared to 1,180,862,100.31 CNY in the previous period[66] - The net cash flow from financing activities was -110,497,913.28 CNY, worsening from -22,045,632.52 CNY in the previous period[66] - Total cash inflow from financing activities was 50,014,139.47 CNY, down from 102,941,805.83 CNY year-over-year[66] - The ending cash and cash equivalents balance was 332,247,236.74 CNY, down from 395,031,840.99 CNY in the previous period[66] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,156,708,263.53, a decrease of 9.86% compared to the previous year[8] - The company's cash and cash equivalents decreased by CNY 276.94 million, a decline of 44.85%, primarily due to increased investments in intangible assets and payments to shareholders and suppliers[16] - Total liabilities decreased to CNY 788,596,694.76 from CNY 1,002,442,938.04, reflecting a reduction in financial obligations[43] - Total equity attributable to shareholders decreased to CNY 1,343,742,588.25 from CNY 1,364,225,218.78[43] - The company reported a short-term loan of CNY 100,000,000.00 and accounts payable of CNY 639,382,191.31[73] - The company has a total of CNY 73,432,024.72 in taxes payable and CNY 33,368,434.29 in employee compensation payable[73] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 32,169[12] - The largest shareholder, Wu Hanqu, holds 27.77% of the shares, with 128,367,497 shares pledged[12] Non-Recurring Gains and Losses - The company reported a total of CNY 22,904,351.63 in non-recurring gains and losses for the year-to-date[9] - The company reported a financial expense of CNY 8.15 million, an increase of CNY 12.36 million, or 293.25%, primarily due to increased exchange losses from the appreciation of the RMB against the USD[18] - The company's other income increased by CNY 23.36 million, a year-on-year increase of 68.16%, primarily due to increased government subsidies received[18] Research and Development - The company has ongoing research and development expenses amounting to CNY 20,891,754.70, slightly down from CNY 22,633,265.25 in the previous period, reflecting continued investment in innovation[49] - Research and development expenses for Q3 2020 were CNY 5,804,450.36, slightly down from CNY 6,088,940.89 in the previous year[53] - Research and development expenses were CNY 18,148,988.31, an increase of 4.3% compared to CNY 17,396,344.16 in the same period last year[60] Revenue Recognition and Financial Reporting - The company implemented a new revenue recognition standard effective from January 1, 2020, impacting the financial reporting[75] - The company reported a significant adjustment in financial statements due to the new revenue standard, with prepayments of CNY 13,557,199.19 reclassified to contract liabilities[81] - The company has received approval from the China Securities Regulatory Commission for a non-public offering of A-shares to raise up to CNY 290 million for various projects, including the construction of a Mini LED smart manufacturing base[22] General Observations - There are no mentions of new products, technologies, market expansion, or mergers in the available content[80] - The third-quarter report was not audited, indicating preliminary financial results[82] - The company has not disclosed specific user data or future outlook in the provided documents[80]