共达电声(002655) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was ¥20,025,753.58, representing a significant increase of 111.22% year-over-year[7] - Operating revenue for the period was ¥339,458,216.68, reflecting a growth of 45.64% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥17,928,221.31, up 104.20% year-over-year[7] - Basic earnings per share were ¥0.06, a 100% increase compared to the same period last year[7] - The weighted average return on net assets was 3.75%, an increase of 1.86% compared to the previous year[7] - The company reported a total profit of ¥22,374,217.48, an increase of 17.8% from ¥19,113,238.96 in the previous year[50] - The total comprehensive income amounted to ¥25,104,823.84, up from ¥18,069,982.69, reflecting overall growth in profitability[52] - The net profit for the third quarter reached CNY 20,025,753.58, compared to CNY 9,481,209.74 in the previous year, marking an increase of about 111.5%[39] - The basic and diluted earnings per share for the third quarter were both CNY 0.06, compared to CNY 0.03 in the same period last year, reflecting a 100% increase[40] Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,202,986,240.38, an increase of 1.32% compared to the previous year[7] - The total liabilities decreased slightly to ¥667,148,041.20 from ¥668,241,021.44 year-over-year[35] - Total assets amounted to CNY 1,187,322,843.62, with current assets at CNY 650,412,902.75 and non-current assets at CNY 536,909,940.87[62] - Total liabilities reached CNY 666,989,103.87, with current liabilities at CNY 665,400,927.34 and non-current liabilities at CNY 1,588,176.53[64] - Owner's equity totaled CNY 520,333,739.75, with share capital at CNY 360,000,000.00 and retained earnings at CNY 69,101,785.30[64] - The total equity to total assets ratio is approximately 43.8%, reflecting a solid equity base relative to total assets[64] Cash Flow - The net cash flow from operating activities was ¥20,968,997.31, a decrease of 9.68% compared to the previous year[7] - Operating cash flow increased by 43.91% to ¥39,050,922.91 due to reduced VAT payments and lower cash payments for expenses[15] - The net cash flow from operating activities for the third quarter was CNY 39,050,922.91, an increase of 43.9% compared to CNY 27,135,275.82 in the previous year[55] - Total cash inflow from operating activities was CNY 844,287,796.43, up from CNY 718,869,457.63, reflecting a growth of 17.4%[55] - The net cash flow from investing activities was -CNY 48,146,198.18, worsening from -CNY 21,597,913.48 year-over-year[56] - The net cash flow from financing activities was -CNY 355,559.14, compared to -CNY 21,107,008.66 in the previous year[59] Shareholder Information - The company reported a total of 69,067 shareholders at the end of the reporting period[11] - The largest shareholder, Weifang Aisheng Acoustic Technology Co., Ltd., holds 15.27% of the shares, totaling 54,980,000 shares[11] - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[12] - The company has not yet repurchased any shares despite completing the necessary account opening for share buybacks[17] Operational Efficiency - The accounts receivable rose to ¥379,711,764.89, compared to ¥307,129,207.27 in the previous year, reflecting improved sales performance[32] - The inventory level decreased to ¥200,414,377.23 from ¥213,269,589.07, indicating better inventory management[32] - The company reported a decrease in short-term borrowings to ¥254,935,790.31 from ¥222,477,486.49, suggesting improved liquidity management[34] - The gross profit margin improved, with operating costs at ¥660,781,763.76, compared to ¥512,642,435.04 last year, indicating a focus on cost management[50] Research and Development - Research and development expenses for the third quarter amounted to CNY 18,805,341.87, compared to CNY 16,387,599.12 in the previous year, indicating an increase of about 14.7%[39] - Research and development expenses were ¥42,335,360.45, slightly down from ¥46,194,995.84, reflecting a strategic adjustment in R&D investment[50] Tax and Compliance - Tax payable increased by 91.05% to ¥3,093,218.72 due to increases in VAT, land use tax, urban construction tax, and additional taxes[15] - The company has not undergone an audit for the Q3 report[68] - Other comprehensive income was recorded at -CNY 273,279.05[68]