扬子新材(002652) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue decreased by 21.45% to CNY 629,299,810.54 for the current period, and by 20.42% to CNY 1,739,912,816.00 year-to-date[7] - Net profit attributable to shareholders was CNY -3,229,299.43, a decrease of 127.02% compared to the same period last year[7] - Basic earnings per share dropped by 127.04% to CNY -0.0063 for the current period[7] - The company expects a net profit decline of 50% to 80% for the fiscal year 2019, with an estimated net profit range of ¥792.09 million to ¥1,980.22 million[18] - Net profit for Q3 2019 was a loss of CNY 4.99 million, compared to a profit of CNY 17.90 million in Q3 2018, marking a significant decline[38] - The net profit for the year-to-date period was ¥21,058,747.37, down 74.3% from ¥82,103,094.63 in the previous year[46] - The net profit for the current period is CNY 3,923,164.82, down 73.1% from CNY 14,565,013.31 in the previous period[50] Assets and Liabilities - Total assets increased by 15.90% to CNY 3,257,779,623.01 compared to the end of the previous year[7] - The company's total liabilities reached CNY 929.76 million, compared to CNY 888.14 million in the previous year[34] - The total equity attributable to shareholders was CNY 736,153,939.25, with total equity amounting to CNY 967,546,365.48[64] - Current assets totaled CNY 900,273,641.96, while non-current assets were CNY 570,856,247.22, leading to total assets of CNY 1,471,129,889.18[67] Cash Flow - The net cash flow from operating activities decreased by 99.27% to CNY 1,172,442.71 for the current period[7] - Net cash flow from operating activities decreased by 178.55% to -¥191,081,637.49 from ¥243,273,698.99, due to increased payments for raw materials[15] - The total cash inflow from operating activities is CNY 1,933,901,015.35, compared to CNY 1,716,615,386.51 in the previous period[54] - Cash and cash equivalents decreased by 54.70% to ¥165,548,619.77 from ¥365,442,637.77 due to increased payments for matured bills and prepayments for raw materials[15] - Total cash and cash equivalents at the end of the period were 45,967,433.19 CNY, down from 238,321,926.80 CNY, a decrease of approximately 80.7%[58] Shareholder Information - The company reported a total of 20,174 common shareholders at the end of the reporting period[11] - The largest shareholder, Nanning Yiran Elderly Care Industry Partnership, holds 30.00% of the shares, totaling 153,600,000 shares[11] Operational Metrics - The company's total operating revenue for Q3 2019 was CNY 629.30 million, a decrease of 21.4% compared to CNY 801.18 million in Q3 2018[37] - Total operating costs for Q3 2019 were CNY 635.02 million, down 18.4% from CNY 778.46 million in the same period last year[37] - The total operating costs for the year-to-date period were ¥1,714,251,801.44, a decrease of 17.7% from ¥2,083,937,188.80 in the previous year[44] Research and Development - Research and development expenses for Q3 2019 were CNY 21.66 million, down from CNY 25.10 million in Q3 2018[37] - Research and development expenses decreased to CNY 19,611,288.64 from CNY 35,643,457.61, reflecting a reduction of 44.9%[50] Government Support - The company received government subsidies amounting to CNY 1,632,958.84 during the reporting period[8] Strategic Changes - There were no significant changes in the company's strategy or major acquisitions reported during the quarter[14]