道道全(002852) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 1,061,183,475.45, an increase of 13.67% year-on-year[8] - Net profit attributable to shareholders was a loss of CNY 4,612,103.41, a decrease of 107.11% compared to the same period last year[8] - Basic earnings per share were -CNY 0.02, a decrease of 109.09% compared to the same period last year[8] - The weighted average return on net assets was -0.22%, a decrease of 107.01% year-on-year[8] - The company reported a net profit attributable to shareholders of CNY 127,069,600.57 for the year-to-date, a decrease of 40.27% compared to the same period last year[8] - The net profit attributable to shareholders decreased by 40.27% to ¥127,069,600.57, mainly due to rising raw material prices impacting operating costs[17] - The net profit for the third quarter was a loss of ¥55,598,305.47, compared to a loss of ¥21,081,724.63 in the previous year, indicating a significant decline in profitability[52] - The total comprehensive income for the period was -¥55,598,305.47, compared to -¥19,810,564.63 in the previous year, highlighting ongoing financial challenges[52] Cash Flow - The net cash flow from operating activities was a negative CNY 83,234,781.96, a decrease of 126.21% year-on-year[8] - Cash flow from operating activities showed a drastic decline of 1098.20%, resulting in a net outflow of ¥350,930,145.21, primarily due to increased advance payments for raw materials[17] - The net cash flow from operating activities was -350,930,145.21 CNY, compared to -29,288,011.46 CNY in the previous year, indicating a significant decline[63] - The total cash inflow from operating activities was 3,802,852,366.20 CNY, compared to 3,686,131,475.41 CNY in the previous year, showing a slight increase[65] - The cash flow from sales of goods and services was 378,287,881.09 CNY, an increase from 293,608,732.17 CNY in the previous year[65] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,486,006,810.37, a decrease of 9.97% compared to the end of the previous year[8] - The company's accounts receivable increased by 58.20% to ¥40,294,273.78 due to an increase in credit sales[16] - Prepayments surged by 195.60% to ¥286,252,287.34, primarily due to increased advance payments for raw material purchases[16] - Total liabilities decreased to CNY 398,264,048.16 from CNY 596,389,798.31, a reduction of approximately 33.3%[39] - Current liabilities were CNY 318,799,709.81, down from CNY 512,385,914.68, showing a decline of about 37.8%[39] - The total assets of the company were reported at CNY 2,761,405,104.19, with current assets totaling CNY 1,655,298,103.57 and non-current assets at CNY 227,829,911.36[74] Shareholder Information - The total number of shareholders at the end of the reporting period was 20,116[12] - The largest shareholder, Liu Jianjun, holds 29.71% of the shares, totaling 85,853,138 shares[12] Investment and Expenses - Investment income rose significantly by 223.77% to ¥108,383,495.47, attributed to increased investment returns[16] - The company reported a significant increase in management expenses by 36.72% to ¥42,207,963.35, driven by higher share-based payments, wages, and depreciation[16] - The company reported a research and development expense of CNY 1,202,757.31, which is a substantial increase from CNY 433,707.88 in the previous year[47] - The company's total operating costs amounted to CNY 1,053,061,999.45, up 22.8% from CNY 857,759,422.75 year-on-year[47] Strategic Initiatives - The company plans to acquire 75% of Xiamen Zhonghe Industrial Co., Ltd. from Chen Yueqian and Chen Quanjiao, constituting a major asset restructuring[18] - The company is focused on expanding its market presence and developing new products and technologies to drive future growth[34] - The company has engaged in investor relations activities, including site visits and communications with institutions, to enhance transparency and engagement[32]