凯文教育(002659) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue decreased by 3.57% to CNY 85,214,160.17 for the current period, and decreased by 7.53% to CNY 222,873,197.85 year-to-date[7] - Net profit attributable to shareholders was a loss of CNY 30,325,711.27, down 38.51% year-on-year, and a loss of CNY 96,305,217.98 year-to-date, down 24.12%[7] - Total revenue for Q3 2020 was CNY 85,214,160.17, a decrease from CNY 88,368,776.11 in the previous period[43] - The company reported a net loss of CNY 147,041,485.10, compared to a loss of CNY 50,736,267.12 in the same period last year[38] - The net profit for Q3 2020 was -97,588,322.73 CNY, compared to -77,483,211.42 CNY in Q3 2019, representing a 25.9% increase in net loss year-over-year[52] - The total operating profit for Q3 2020 was -128,062,825.37 CNY, an increase in loss from -101,594,007.37 CNY in the same period last year, indicating a 25.9% increase in operating loss[52] - The company reported a basic and diluted earnings per share of CNY -0.050, compared to CNY -0.040 in the same quarter last year[46] - The company’s total comprehensive loss for the quarter was CNY -30,836,030.04, compared to CNY -21,752,674.72 in the same period last year[46] Assets and Liabilities - Total assets increased by 14.32% to CNY 4,235,353,540.92 compared to the end of the previous year[7] - Total liabilities rose to CNY 1,720,298,558.81, up from CNY 1,553,111,384.24, indicating an increase of about 10.8%[37] - Owner's equity increased to CNY 2,515,054,982.11 from CNY 2,151,846,161.26, reflecting a growth of approximately 16.9%[38] - The company’s cash and cash equivalents increased by 77.41% to CNY 426,441,694.27 compared to the beginning of the year[15] - Total current liabilities reached CNY 623,808,308.15, up from CNY 525,766,090.11, indicating an increase of about 18.6%[37] - The company has a total of CNY 1,221,433,864.58 in fixed assets[66] Cash Flow - Net cash flow from operating activities increased significantly by 713.97% to CNY 203,142,524.22 for the current period[7] - The net cash flow from operating activities for Q3 2020 was ¥56,677,594.24, a decrease of 43.2% compared to ¥99,776,626.59 in Q3 2019[59] - The net cash flow from financing activities reached ¥589,040,423.08, compared to a negative cash flow of -¥220,598,140.64 in Q3 2019, indicating a strong improvement[60] - The total cash and cash equivalents at the end of Q3 2020 amounted to ¥925,940,617.90, up from ¥257,693,836.23 at the end of Q3 2019[60] - The cash flow from operating activities showed a total inflow of ¥331,861,236.62, down from ¥413,946,970.39 in Q3 2019[59] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 16,808[11] - The largest shareholder, Badachu Holdings Group, holds 28.84% of the shares, amounting to 172,519,294 shares[11] Investment Activities - The company's cash received from investment increased by CNY 58,000,000.00, a growth of 263.64%, mainly due to the maturity of wealth management products[18] - The company raised CNY 471,644,367.81 through a non-public offering of 99,713,397 shares, with a net amount of CNY 461,006,964.46 after deducting issuance costs[24] - Cash outflow for investment activities was ¥367,190,327.32, compared to ¥91,204,466.85 in the same period last year, reflecting increased investment efforts[60] Other Financial Metrics - The company's other income increased by CNY 2,465,617.66, a growth of 582.33%, mainly due to an increase in government subsidies received[17] - The company's investment income increased by CNY 461,793.92, a growth of 177.59%, primarily due to the expansion of bank wealth management product purchases[17] - The company incurred financial expenses of CNY 17,075,245.88, an increase from CNY 14,578,049.69 year-over-year[44] - Financial expenses for Q3 2020 amounted to 50,177,868.05 CNY, up from 44,591,442.66 CNY in Q3 2019, reflecting a 12% increase[52]