华宏科技(002645) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 561,839,996.81, an increase of 8.42% year-on-year[9] - Net profit attributable to shareholders was CNY 43,809,209.08, reflecting a growth of 5.25% compared to the same period last year[9] - The net profit after deducting non-recurring gains and losses was CNY 36,850,095.68, up by 5.06% year-on-year[9] - Basic earnings per share were CNY 0.0946, an increase of 5.23% year-on-year[9] - The net profit for the year-to-date period reached CNY 149,530,690.86, representing a 22.53% increase compared to the same period last year[9] - Total operating revenue for the current period reached ¥561,839,996.81, an increase of 8.5% compared to ¥518,195,170.69 in the previous period[53] - Net profit for the current period was ¥45,223,396.73, representing a 5.4% increase from ¥42,768,890.96 in the previous period[57] - Total operating income for the year-to-date period is ¥1,692,077,129.48, an increase of 20.8% from ¥1,400,810,573.46 in the same period last year[71] - Net profit for the period was ¥133,290,746.57, compared to ¥113,263,207.06 in the previous period, showing an increase of about 17.7%[82] Cash Flow - The net cash flow from operating activities was CNY 20,796,978.31, a significant decrease of 69.40% compared to the previous year[9] - Cash flow from operating activities increased by 326.91% to ¥54,685,198.82 from ¥12,809,416.53, mainly due to reduced procurement in the recycling equipment business[21] - The total cash inflow from operating activities was ¥1,539,777,979.94, slightly down from ¥1,548,036,705.75 in the previous period[90] - The net cash flow from operating activities was -9,085,863.15, a decrease compared to 12,604,188.62 from the previous period[95] - Total cash inflow from operating activities was 717,138,288.83, down from 983,532,774.57 in the prior period, reflecting a decline of approximately 27%[95] - The company received cash from operating activities totaling 706,867,146.15, a decline from 970,314,088.14 in the previous period[95] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,528,205,166.07, a decrease of 0.94% compared to the end of the previous year[9] - Total current assets decreased from ¥1,382,436,597.10 to ¥1,273,529,054.68, a decline of approximately 7.9%[37] - Total non-current assets increased from ¥1,169,631,807.23 to ¥1,254,676,111.39, an increase of about 7.2%[37] - Total current liabilities decreased from ¥699,656,247.55 to ¥545,640,270.84, a reduction of about 22%[40] - Total liabilities decreased from ¥719,765,408.89 to ¥563,782,399.93, a decrease of approximately 21.7%[40] - Total equity attributable to shareholders increased from ¥1,815,727,776.37 to ¥1,924,516,716.86, an increase of about 6%[43] Shareholder Information - The total number of shareholders at the end of the reporting period was 23,839, with the largest shareholder holding 49.69% of the shares[13] Government Subsidies and Other Income - The company received government subsidies amounting to CNY 17,323,015.76 during the reporting period[9] - Other income rose by 80.51% to ¥36,714,885.55 compared to ¥20,339,213.24, primarily due to increased tax refunds and government subsidies[21] Investment and R&D - The company acquired a 60% stake in Qian'an Juliy Recycling Co., making it a subsidiary[22] - Research and development expenses for the current period were ¥19,900,847.12, slightly up from ¥18,775,257.20 in the previous period[53] - Research and development expenses for the current period are ¥11,983,624.04, slightly up from ¥11,476,490.78, indicating a focus on innovation[65] Changes in Financial Metrics - The weighted average return on equity was 2.30%, a decrease of 0.07% compared to the previous year[9] - The company reported a significant increase in construction in progress by 918.72% to ¥105,838,613.79 from ¥10,389,350.03, attributed to land purchases[21] - The company’s financial expenses improved, showing a reduction from -¥4,147,316.59 to -¥1,795,379.10, mainly due to foreign exchange rate changes[21] - The company reported a significant increase in prepayments, which decreased from ¥212,923,598.67 to ¥110,300,761.00, a reduction of approximately 48.2%[50]