世龙实业(002748) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the period was CNY 544,704,734.83, representing a 5.89% increase year-on-year[8] - Net profit attributable to shareholders was CNY 5,296,537.37, a significant increase of 131.31% compared to the same period last year[8] - The company reported a net profit of CNY -23,494,799.13 for the year-to-date, a decline of 96.37% compared to the same period last year[8] - The company's total operating revenue for the year-to-date period was CNY 1,264,606,142.93, down from CNY 1,639,508,108.19 in the previous year[50] - Total operating costs for the year-to-date period were CNY 1,292,629,075.12, a decrease from CNY 1,655,841,334.07 in the previous year[50] - The total operating revenue for the third quarter of 2020 was CNY 544,704,734.83, an increase from CNY 514,394,083.64 in the previous period[42] - Total operating revenue for the third quarter was CNY 368,604,685.93, an increase from CNY 291,858,115.06 in the same period last year, representing a growth of approximately 26.3%[47] - Operating profit for the third quarter was CNY 7,427,678.65, a significant recovery from a loss of CNY 19,581,144.00 in the previous year[44] - Net profit for the third quarter reached CNY 5,182,154.19, compared to a net loss of CNY 17,028,559.22 in the same quarter last year[44] Assets and Liabilities - Total assets increased by 11.49% to CNY 2,018,565,239.63 compared to the end of the previous year[8] - The total liabilities increased to CNY 898,840,775.73 from CNY 657,088,136.49, representing a rise of about 36.8%[36] - The total current liabilities reached CNY 602,945,408.59, compared to CNY 547,787,654.11, which is an increase of approximately 10.1%[36] - The total non-current assets amounted to CNY 1,402,011,545.16, up from CNY 1,229,188,148.59, indicating an increase of about 14.0%[36] - The total equity attributable to shareholders decreased by 2.97% to CNY 1,088,452,689.28 compared to the end of the previous year[8] - Total equity amounted to CNY 1,108,001,345.60 as of Q3 2020[75] - Total liabilities and equity reached CNY 1,666,422,190.94[75] Cash Flow - The net cash flow from operating activities surged by 275.98% to CNY 26,616,827.69[8] - Net cash flow from operating activities improved by 159.72% to ¥9,190,839.34 due to increased tax refunds and reduced tax payments[21] - Cash inflow from financing activities was ¥515,662,751.00, with a net cash flow of ¥167,022,312.66, up from ¥47,916,553.53 in the same quarter last year[61] - Total cash inflow from operating activities was ¥878,531,529.11, while cash outflow was ¥869,340,689.77, resulting in a slight positive cash flow[60] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,295[12] - Basic earnings per share rose to CNY 0.0221, an increase of 131.13% year-on-year[8] - Earnings per share for the third quarter were CNY 0.0221, recovering from a loss of CNY 0.0710 in the same period last year[45] Expenses - Research and development expenses increased by 111.37% to ¥6,876,324.63 as a result of more R&D projects and higher personnel costs[18] - Financial expenses increased by 52.59% to ¥15,061,981.86 mainly due to higher interest expenses and exchange losses from bank loans[18] - The company reported a financial expense of CNY 5,711,587.53 for the third quarter, which increased from CNY 3,733,194.99 in the previous year[47] Government Support - The company received government subsidies amounting to CNY 6,191,475.61 during the reporting period[9] Other Financial Metrics - The weighted average return on net assets was 0.21%, a decrease of 1.74% compared to the same period last year[8] - The company incurred interest expenses of ¥12,104,856.09, up from ¥10,024,851.08 in the previous period[52] - The company reported a credit impairment loss of -¥3,360,919.80, compared to -¥144,140.53 in the previous period, indicating increased credit risk[55]