丰元股份(002805) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥104,406,974.67, a decrease of 14.70% year-on-year, while year-to-date revenue was ¥266,738,946.05, down 20.59% compared to the same period last year[7] - Net profit attributable to shareholders was ¥522,880.62, down 82.07% year-on-year, with year-to-date net profit at ¥3,937,181.40, a decrease of 77.65%[7] - Total operating revenue for the current period was ¥266,738,946.05, a decrease of 20.6% compared to ¥335,909,344.68 in the previous period[50] - The net profit for the third quarter was CNY 522,880.62, down from CNY 2,916,036.18 in the same period last year[43] - The total comprehensive income for the current period was ¥3,937,181.40, a decrease of 77.7% from ¥17,615,507.24[52] - Basic earnings per share decreased to ¥0.030 from ¥0.120, representing a decline of 75%[52] Cash Flow - The net cash flow from operating activities was ¥27,071,776.32, an increase of 198.61% year-on-year, and year-to-date cash flow was ¥51,168,444.88, up 201.52%[7] - Net cash flow from operating activities increased by 10.16 million yuan compared to the same period last year, due to enhanced sales cash collection efforts[20] - The net cash flow from operating activities was 51,168,444.88, a significant improvement from -50,403,917.39 in the previous period, indicating a positive turnaround[59] - The net cash flow from investment activities was -31,782,910.09, an improvement from -70,424,683.30 in the previous period, reflecting better investment management[59] - The company reported a net increase in cash and cash equivalents of -10,323,008.38, compared to -51,535,118.32 in the previous period, showing a reduction in cash burn[60] Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,041,622,379.91, an increase of 12.27% compared to the end of the previous year[7] - Total liabilities amounted to CNY 452,914,515.66, compared to CNY 342,781,536.21, marking an increase of around 32.3%[35] - Current assets totaled CNY 480,071,593.49, up from CNY 411,880,012.98, indicating an increase of about 16.5%[33] - Non-current assets totaled CNY 561,550,786.42, up from CNY 515,925,218.93, indicating an increase of approximately 8.8%[34] - Total equity attributable to shareholders reached CNY 588,707,864.25, a marginal increase from CNY 585,023,695.70, representing a growth of approximately 0.5%[36] Expenses - Total operating costs decreased to CNY 102,521,536.65 from CNY 117,268,103.65, with operating costs specifically dropping from CNY 105,095,399.09 to CNY 90,524,839.18[42] - R&D expenses increased by 2.04 million yuan, a year-on-year increase of 72%, attributed to increased investment in cathode material research and development[16] - Financial expenses increased significantly to CNY 3,175,768.47 from CNY 1,870,508.80, with interest expenses rising from CNY 1,950,858.66 to CNY 2,950,476.39[42] - Financial expenses rose significantly to ¥7,483,561.48 from ¥3,745,883.06, primarily due to increased interest expenses[51] Shareholder Information - The number of shareholders at the end of the reporting period was 17,301, with the top shareholder holding 43.54% of the shares[11] - The company is actively promoting the preparation work related to the non-public issuance of shares approved by the China Securities Regulatory Commission[18] Risk Management - The company has established risk control measures for derivative investments to mitigate potential risks associated with price fluctuations and liquidity[23]