永和智控(002795) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 153,516,127.86, down 14.20% year-on-year [7]. - Net profit attributable to shareholders was CNY 18,850,455.50, a decline of 34.78% compared to the same period last year [7]. - Basic earnings per share were CNY 0.0943, reflecting a decrease of 34.74% year-on-year [7]. - The company experienced a decrease in net profit margin, with a net profit margin of approximately 12.27% for the reporting period [7]. - The company's net profit for the period was CNY 28,057,063.04, reflecting a significant decline from CNY 40,365,929.25 in the previous year [53]. - The net profit for the third quarter was CNY 18,850,455.50, down 34.8% from CNY 28,901,921.72 year-over-year [55]. - The total profit for the third quarter was CNY 23,850,303.71, a decrease of 34.0% from CNY 36,151,709.28 in the previous year [54]. - The total profit for Q3 2019 was CNY 69,723,771.32, compared to CNY 74,920,605.50 in the previous year, showing a decrease of about 6.5% [62]. Cash Flow - The net cash flow from operating activities was negative CNY 2,222,064.50, a decrease of 102.88% compared to the same period last year [7]. - Operating cash flow net amount decreased by 29.98% to ¥77,375,455.04 due to a decline in main business revenue [16]. - The net cash flow from operating activities for Q3 2019 was ¥77,375,455.04, a decrease of 30% compared to ¥110,511,027.85 in Q3 2018 [70]. - The total cash inflow from investment activities was ¥526,334,126.34, down from ¥672,233,583.58 in the previous year, reflecting a decline of approximately 22% [71]. - The net cash flow from financing activities was -¥100,000,000.00, compared to -¥51,942,471.42 in Q3 2018, indicating a worsening of 92% [71]. - The cash flow from investment activities generated a net inflow of ¥22,380,140.75, contrasting with a net outflow of -¥50,977,856.68 in Q3 2018 [71]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 703,669,078.35, a decrease of 7.16% compared to the end of the previous year [7]. - The company's current assets totaled ¥495,205,008.17, down from ¥566,349,755.05 in the previous year [44]. - Total liabilities decreased to CNY 98,638,152.60 from CNY 109,935,457.86, a reduction of 10.2% [46]. - The company's equity attributable to shareholders decreased to CNY 605,030,925.75 from CNY 647,967,559.61, a decline of 6.6% [46]. - Inventory levels were reported at ¥120,701,429.76, down from ¥151,822,746.52 [43]. - Non-current assets increased to ¥208,464,070.18 from ¥191,553,262.42 [44]. Shareholder Information - The company reported a total of 20,416 common shareholders at the end of the reporting period [11]. - The largest shareholder, Taizhou Yongjian Holding Co., Ltd., held 29.00% of the shares, amounting to 58,000,000 shares [11]. - The controlling shareholder completed a division of shares, transferring 9.25% to a newly established company, maintaining a 29% stake [17]. - Senior management has committed to limit annual stock transfers to no more than 25% of their total holdings during their tenure [32]. Commitments and Plans - The company committed to not occupying its funds through various means, including lending to itself or related parties [29]. - The company has no plans to engage in any business similar to that of Yonghe Co., ensuring no competition with its own interests [29]. - The company plans to notify the market three trading days in advance of any stock reduction activities [31]. - The company has established a long-term commitment to fulfill its obligations regarding social security and housing fund contributions [28]. - The company has confirmed that all commitments made are being fulfilled on time [28]. Investment and Expenses - Research and development expenses for the quarter were CNY 3,594,895.73, down from CNY 4,243,399.86, a decrease of 15.4% [53]. - Research and development expenses for the third quarter were CNY 3,400,300.08, a decrease of 14.1% from CNY 3,959,970.10 in the same period last year [57]. - The company reported a significant increase in other income to CNY 493,403.95 from CNY 807,516.28, indicating a decrease of 38.8% year-over-year [53]. - The company reported a decline in investment income, resulting in a loss of ¥2,826,244.95 [15].