华宏科技(002645) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the period was ¥1,073,309,844.05, representing a growth of 91.03% year-on-year[9]. - Net profit attributable to shareholders was ¥91,065,363.51, up 107.87% from the same period last year[9]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥66,423,968.90, an increase of 80.25% year-on-year[9]. - Basic earnings per share for the period was ¥0.1604, an increase of 69.56% year-on-year[9]. - Total revenue for the third quarter reached ¥1,073,309,844.05, a significant increase of 91% compared to ¥561,839,996.81 in the same period last year[56]. - Net profit for the quarter was ¥92,827,447.21, compared to ¥45,223,396.73 in the previous year, representing a growth of 105%[61]. - The total comprehensive income attributable to the parent company is CNY 91,065,363.51, up from CNY 43,809,209.08, reflecting a growth of 107.1%[65]. - The net profit for the current period is CNY 167,956,297.44, compared to CNY 152,861,521.07 in the previous period, representing a growth of 9.1%[76]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥3,851,057,947.31, an increase of 51.40% compared to the end of the previous year[9]. - The company's total assets increased to ¥3,040,461,792.76, up from ¥2,116,399,354.09, marking a growth of 43%[56]. - Total liabilities rose to ¥398,909,718.26, compared to ¥353,341,359.01, indicating an increase of 13%[56]. - The total current liabilities represent approximately 20.8% of total assets, indicating a manageable debt level[107]. - Current liabilities increased to CNY 876,842,284.39 from CNY 528,815,947.78, which is an increase of approximately 66.0%[46]. - The company reported a total equity of ¥1,993,681,310.36, with total assets reaching ¥2,543,598,458.02[110]. Cash Flow - The net cash flow from operating activities was ¥34,297,465.65, reflecting a growth of 64.92% compared to the previous year[9]. - The net cash flow from operating activities reached CNY 117,763,357.55, up 115.35% from CNY 54,685,198.82 in the previous year[23]. - The cash flow from operating activities for the current period is ¥117,763,357.55, significantly up from ¥54,685,198.82 in the previous period[90]. - The total cash inflow from operating activities is ¥2,343,827,355.48, compared to ¥1,586,128,367.99 in the previous period, marking an increase of 47.6%[90]. - The net cash flow from operating activities was 115,606,452.57 CNY, compared to a negative cash flow of -9,085,863.15 CNY in the previous period, indicating a significant improvement[97]. Investments and Acquisitions - The company acquired Xin Tai Technology, which significantly increased accounts receivable by 53.50% to CNY 432,809,630.89[20]. - The long-term equity investment rose by 242.30% to CNY 58,137,948.72, due to increased investment in an environmental industry acquisition fund[20]. - The company raised funds through a private placement to support the acquisition of Xin Tai Technology, which has now been fully utilized[29]. - The company signed a framework agreement for a project to process 60,000 tons of magnetic material waste annually, enhancing its competitive edge in the rare earth recycling sector[24]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,273[14]. - The largest shareholder, Jiangsu Huahong Industrial Group Co., Ltd., held 40.51% of the shares[14]. Research and Development - Research and development expenses for the quarter were ¥34,323,452.09, compared to ¥19,900,847.12, showing an increase of 73%[59]. - Research and development expenses for the current period amount to ¥21,319,481.73, down from ¥33,813,061.50 in the previous period, indicating a reduction of 37.0%[84]. Other Financial Metrics - The weighted average return on equity was 3.19%, a decrease of 1.49% compared to the previous year[9]. - The company received government subsidies amounting to ¥39,139,466.28 during the reporting period[9]. - The company reported a financial expense of CNY 5,514,578.14, compared to CNY 5,070,738.76 in the previous period, indicating an increase of 8.8%[76]. - The company’s investment income for the current period is CNY 367,807.98, down from CNY 60,361,694.12, a decrease of 99.4%[66].