日上集团(002593) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥639,660,703.73, a decrease of 16.13% year-on-year[7]. - Net profit attributable to shareholders was ¥20,701,707.50, an increase of 4.53% compared to the same period last year[7]. - Cash flow from operating activities showed a net outflow of ¥53,090,380.97, a decline of 68.76% year-on-year[7]. - Financial expenses increased by 59.80% year-on-year, attributed to higher loan interest and exchange losses due to RMB depreciation against the USD[24]. - Investment income decreased by 165.19% year-on-year, primarily due to losses from forward foreign exchange contracts[25]. - Non-operating income increased by 177.24% year-on-year, primarily due to insurance claims received during the period[15]. - Non-operating expenses decreased by 31.91% compared to the same period last year, mainly due to reduced expenses for scrapped equipment[16]. - The total comprehensive income for Q3 2019 was CNY 22.56 million, compared to CNY 19.08 million in the same quarter of the previous year[64]. - The company reported a total profit of CNY 11,918,051.48, which is a 57.5% increase compared to CNY 7,564,594.08 in the previous year[67]. - The net profit for the third quarter of 2019 was CNY 11,693,744.94, an increase of 28.5% compared to CNY 9,104,045.89 in the same period last year[73]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥3,981,702,683.58, an increase of 1.10% compared to the end of the previous year[7]. - The company's total liabilities were CNY 2,066,048,909.07, up from CNY 2,038,510,965.75, indicating a slight increase in leverage[54]. - The company's equity attributable to shareholders increased to CNY 1,895,873,789.76 from CNY 1,879,516,127.85, showing a growth of approximately 0.8%[55]. - The total liabilities of the company were CNY 851.28 million as of September 30, 2019, down 7.4% from CNY 919.47 million at the end of 2018[60]. - Total equity as of September 30, 2019, was CNY 1,466.60 million, a decrease of 2.4% from CNY 1,503.37 million at the end of 2018[60]. Cash Flow - Cash received related to operating activities increased by 115.68% compared to the previous period, mainly due to an increase in bill deposits[30]. - Cash paid related to operating activities increased by 88.50% compared to the previous period, primarily due to an increase in bill deposits and receivables[31]. - The total cash inflow from operating activities was CNY 2,147,711,135.77, slightly down from CNY 2,173,723,770.62 in the previous year, representing a decrease of 1.2%[76]. - The cash outflow from operating activities totaled CNY 2,183,276,643.09, compared to CNY 2,206,663,204.82 in the previous year, indicating a decrease of 1.1%[76]. - The net cash flow from operating activities was negative at CNY -35,565,507.32, worsening from CNY -32,939,434.20 in the same quarter last year[76]. - The cash flow from investing activities showed a net outflow of CNY -54,846,730.61, compared to CNY -49,979,747.52 in the previous year, reflecting a decline of 9.4%[77]. - The cash flow from financing activities resulted in a net outflow of CNY -99,783,605.62, compared to CNY -34,266,605.23 in the same period last year, indicating a significant increase in outflow[77]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 29,665[11]. - The company repurchased a total of 4,200,000 shares, accounting for 0.60% of the total share capital, with a total transaction amount of 15,994,981 yuan[42]. Operational Metrics - Prepayments increased by 102.93% compared to the beginning of the year, primarily due to increased advance payments for main materials (steel)[15]. - Accounts payable increased by 45.40% compared to the beginning of the year, mainly due to increased purchases of main materials (steel)[18]. - The company's current assets totaled CNY 2,814,413,609.26, slightly up from CNY 2,797,515,232.87 at the end of 2018, with cash and cash equivalents decreasing from CNY 669,265,417.33 to CNY 372,001,090.16[52]. - Accounts receivable increased to CNY 578,847,403.22 from CNY 521,369,054.30, indicating a growth of approximately 11% year-over-year[52]. - Inventory levels rose to CNY 1,602,017,671.25, compared to CNY 1,415,711,189.52 at the end of 2018, reflecting a growth of about 13.2%[52]. - Short-term borrowings decreased significantly from CNY 804,952,304.00 to CNY 699,100,000.00, a reduction of about 13.1%[53]. - The company did not engage in any entrusted wealth management activities during the reporting period[48]. Research and Development - Research and development expenses for Q3 2019 amounted to CNY 8.91 million, indicating ongoing investment in innovation[62]. - Research and development expenses amounted to CNY 8,912,756.98, indicating ongoing investment in innovation[68].