小崧股份(002723) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥337,503,057.51, representing a year-on-year growth of 55.53%[6] - Net profit attributable to shareholders was ¥8,371,359.12, a decrease of 32.38% compared to the same period last year[6] - The net profit after deducting non-recurring gains and losses was ¥3,026,002.80, a decrease of 78.78% year-on-year[6] - The company's net profit decreased by 47.28%, amounting to a loss of ¥17,712,541.40, primarily due to increased financial and management expenses[15] - The company reported a total comprehensive income of CNY 8,896,582.27 for Q3 2020, down from CNY 12,148,753.41 in Q3 2019[40] - The net profit for Q3 2020 was CNY 8,371,359.12, a decrease from CNY 12,380,032.33 in Q3 2019, reflecting a decline of approximately 32.3%[39] - The net profit for the third quarter was CNY -3,004,018.43, compared to a net profit of CNY 11,153,592.82 in the previous year, reflecting a significant decline[44] - The total profit for the third quarter was CNY -2,169,588.64, compared to CNY 10,371,466.08 in the previous year, showing a substantial decrease[46] Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,252,585,467.07, an increase of 1.37% compared to the previous year[6] - The company’s total assets decreased to CNY 950,329,005.11 from CNY 1,200,472,319.05 year-over-year[38] - Total liabilities decreased to CNY 627,894,068.22 from CNY 630,527,115.07, a slight decline of about 0.4%[31] - The company’s total liabilities as of December 31, 2019, were CNY 630,527,115.07, with current liabilities totaling CNY 625,759,690.07[63] - The company’s total current liabilities included accounts payable of CNY 228,309,253.75 as of December 31, 2019[63] - The company’s total liabilities reached CNY 582.57 million, with current liabilities accounting for CNY 578.61 million[67] Cash Flow - The net cash flow from operating activities was ¥30,407,971.04, an increase of 163.22% year-on-year[6] - The net cash flow from operating activities increased by 775.71%, reaching ¥52,161,527.94, driven by higher sales collections[16] - Operating cash flow for the period was CNY 58,885,894.49, significantly up from CNY 6,724,366.55 in the previous year, indicating improved cash generation from operations[52] - The net cash flow from investing activities was negative at CNY -37,620,173.74, worsening from CNY -17,877,900.02 in the previous year, indicating increased investment outflows[54] - The company reported a net cash outflow from financing activities of CNY -22,859,533.10, compared to a net inflow of CNY 6,549,894.28 in the same period last year[54] Shareholder Information - The company reported a total of 14,868 common shareholders at the end of the reporting period[11] - The top shareholder, Shenzhen Huaxin Chuangli Technology Industry Development Co., Ltd., held 29.13% of the shares, totaling 55,991,330 shares[11] Expenses and Costs - Total operating costs for the period were CNY 333,715,824.24, up from CNY 203,323,334.34 in the previous year[38] - Financial expenses surged by 739.20%, amounting to ¥12,597,180.92, mainly due to increased exchange losses and interest expenses[15] - Research and development expenses rose to CNY 11,517,722.42, compared to CNY 6,771,410.95 in the same period last year, indicating a focus on innovation[38] - Research and development expenses increased to CNY 22,133,723.87 from CNY 20,633,544.65, marking an increase of approximately 7.3%[47] Future Outlook - The company plans to raise up to ¥600 million through a private placement of shares, not exceeding 30% of the total share capital[17] - The company plans to continue focusing on operational efficiency and cost control to improve profitability in the upcoming quarters[51] - Future outlook and performance guidance were not explicitly provided in the available data[70] Regulatory and Reporting Changes - The company implemented the new revenue and leasing standards starting January 1, 2020, requiring adjustments to the beginning balance sheet[59] - The third-quarter report was not audited, indicating potential limitations in the reliability of the financial data presented[69]