*ST和科(002816) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue fell by 65.52% to CNY 23,555,634.57 year-on-year, and decreased by 61.40% to CNY 86,922,079.82 for the year-to-date[7] - Net profit attributable to shareholders was CNY -13,105,838.98, a decline of 3,071.96% year-on-year, and CNY -21,030,297.20 for the year-to-date, down 415.29%[7] - Basic and diluted earnings per share were both CNY -0.1311, reflecting a decrease of 3,097.56% year-on-year[7] - The company's net profit for Q3 2019 was -21,030,297.20 CNY, compared to a net profit of 6,670,167.12 CNY in the same period last year, indicating a significant decline[44] - The total comprehensive income for Q3 2019 was also a loss of CNY 13,105,838.98, reflecting the same trend as the net profit[37] - The total profit for Q3 2019 was a loss of CNY 13,037,508.54, compared to a profit of CNY 196,194.66 in the previous year, indicating a significant downturn in financial performance[36] Cash Flow - The net cash flow from operating activities increased by 124.88% to CNY 5,415,593.56 for the current period, and by 167.10% to CNY 19,232,443.68 year-to-date[7] - The net cash flow from operating activities for Q3 2019 was ¥19,232,443.68, an increase from ¥7,200,375.90 in Q3 2018, reflecting a significant improvement in operational efficiency[52] - Cash flow from operating activities was 158,096,602.60 CNY, compared to 252,275,681.95 CNY in the previous year, showing a decrease in cash generated from operations[51] - The total cash inflow from operating activities was ¥191,005,503.84, while cash outflow was ¥171,773,060.16, resulting in a net cash inflow of ¥19,232,443.68[52] - The company reported a net cash increase of -¥41,860,766.94 for the quarter, contrasting with a positive increase of ¥1,637,039.54 in the same period last year[53] Assets and Liabilities - Total assets decreased by 8.33% to CNY 598,862,357.24 compared to the end of the previous year[7] - The company's cash and cash equivalents decreased by 40.93% to ¥62,547,872.94 compared to ¥105,885,139.88 at the end of 2018[15] - Total liabilities decreased to CNY 94,285,528.67 from CNY 125,978,468.92, a reduction of 25.3%[28] - The company's equity attributable to shareholders decreased to CNY 504,576,828.57 from CNY 527,327,410.84, a decline of 4.3%[28] - Total assets as of September 30, 2019, were CNY 430,934,578.92, down from CNY 450,717,681.06, a decrease of 4.4%[31] Shareholder Information - The total number of shareholders at the end of the reporting period was 8,085[11] - The top three shareholders held a combined 32.48% of the shares, with the largest shareholder holding 12.43%[11] Research and Development - Research and development expenses decreased by 34.45% to ¥7,044,388.62 from ¥10,746,862.42, indicating reduced investment in R&D[15] - Research and development expenses for Q3 2019 were CNY 2,202,586.72, down from CNY 3,085,790.05, a decrease of 28.6%[35] - Research and development expenses decreased to 2,505,869.28 CNY from 4,105,024.98 CNY year-over-year, indicating a reduction in investment in new technologies[48] Investment Activities - The net cash flow from investing activities decreased by 517.33% to -¥61,310,487.75 from ¥14,691,190.00, primarily due to reduced financial investments[16] - The company experienced a net cash outflow from investment activities of -¥61,310,487.75, compared to a net inflow of ¥14,691,190.00 in Q3 2018, highlighting challenges in investment performance[53] - The company spent ¥142,600,000.00 on investments in Q3 2019, up from ¥137,000,000.00 in Q3 2018, reflecting a strategic focus on growth through investment[53] Financial Ratios - The weighted average return on net assets was -2.56%, a decrease of 2.48% compared to the previous year[7] - The company incurred a credit impairment loss of CNY 690,132.72 in Q3 2019, compared to a loss of CNY 2,682,060.74 in the previous year[36] - The company incurred credit impairment losses of 958,735.17 CNY, a significant improvement from the previous year's loss of -2,021,127.67 CNY[44] Other Information - The company did not engage in any repurchase transactions during the reporting period[12] - The company has no overdue commitments or non-operating fund occupation by controlling shareholders during the reporting period[19] - The company has not disclosed any new product developments or market expansion strategies in this report[60] - The company has not undergone an audit for the third quarter report[67]