路畅科技(002813) - 2019 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was CNY -24,811,554.22, a decline of 50.60% year-on-year[9]. - Operating revenue for the period was CNY 167,364,424.55, down 8.69% compared to the same period last year[9]. - Basic earnings per share were CNY -0.2068, reflecting a decrease of 50.60% year-on-year[9]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -42,001,142.43, a decrease of 140.61% year-on-year[9]. - The estimated net profit for 2019 is projected to be between -15,000,000 and -12,000,000 RMB, compared to a net profit of 1,695,340 RMB in 2018, indicating a significant decline due to a sluggish automotive market affecting sales revenue and gross margin[24]. - Net loss for Q3 2019 was CNY 26.01 million, compared to a net loss of CNY 17.53 million in Q3 2018, representing an increase in loss of 48.4%[46]. - The company's gross profit margin decreased to approximately -23.9% in Q3 2019 from -10.8% in Q3 2018[45]. - The total comprehensive loss for the year-to-date period was ¥72,198,066.95, compared to a loss of ¥28,728,060.78 in the previous year[54]. - The total profit (loss) for the current period is a loss of ¥87,331,084.55, compared to a loss of ¥24,205,334.82 in the previous period[57]. Assets and Liabilities - Total assets decreased by 10.12% to CNY 1,465,458,517.34 compared to the end of the previous year[9]. - Current assets totaled 1,025,816,108.44 RMB, a decrease from 1,229,706,642.74 RMB at the end of 2018, representing a decline of about 16.6%[35]. - The company reported a total liability of 877,698,341.54 RMB, down from 962,116,360.96 RMB, indicating a decrease of approximately 8.8%[37]. - The equity attributable to shareholders decreased to 588,957,974.37 RMB from 669,798,131.70 RMB, a decline of about 12.0%[38]. - Total liabilities decreased to CNY 881.10 million from CNY 961.87 million year-over-year, a reduction of 8.4%[42]. - The company reported a total asset value of 1,630,523,396.29 RMB, reflecting a slight decrease from 1,621,916,637.15 RMB year-over-year[69]. - The total liabilities amounted to 945,913,310.73 RMB, indicating stable management of financial obligations[70]. - The company’s total liabilities were CNY 961,870,948.46, with current liabilities amounting to CNY 946,383,931.23[77]. Cash Flow - The net cash flow from operating activities was CNY -17,957,532.56, a significant decline of 334.22%[9]. - Cash and cash equivalents decreased by 47.14% to ¥79,776,482.00 due to repayment of short-term loans[17]. - The net cash flow from operating activities is ¥42,269,605.58, a recovery from a negative cash flow of ¥120,738,315.01 in the previous period[61]. - Cash inflow from financing activities reached 452,840,188.81 RMB, with cash outflow totaling 567,560,627.43 RMB, leading to a net cash outflow of 114,720,438.62 RMB[66]. - The total cash and cash equivalents at the end of the period were 27,652,664.05 RMB, compared to 32,828,987.94 RMB at the end of the previous year[66]. Shareholder Information - The total number of shareholders at the end of the reporting period was 18,652[13]. - The largest shareholder, Guo Xiumei, holds 67.97% of the shares, with 48,750,000 shares pledged[13]. Research and Development - Research and development expenses increased by 34.36% to ¥37,975,572.17, reflecting increased investment in R&D[18]. - Research and development expenses for the year-to-date period increased to ¥37,975,572.17 from ¥28,265,045.58[51]. - Research and development expenses rose to ¥33,354,897.68, up 52.4% from ¥21,919,317.43 in the previous period[57]. Financial Adjustments - The company adjusted its accounts receivable impairment method from "incurred loss model" to "expected credit loss model" to better assess customer credit risk[72]. - The company is undergoing revenue structure and management adjustments in response to market conditions, although progress has not met expectations[24]. - The company is implementing new financial instrument standards effective from January 1, 2019, which may affect the classification and measurement of financial instruments[79].