三晖电气(002857) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 80,178,927.02, an increase of 3.54% year-on-year, and CNY 148,503,411.94 for the year-to-date, up 18.08% compared to the same period last year[8] - Net profit attributable to shareholders was CNY 10,189,335.72, down 23.83% year-on-year, and CNY 12,638,449.63 for the year-to-date, a decrease of 19.86%[8] - Basic earnings per share were CNY 0.0796, down 23.83% year-on-year[8] - The company's net profit for the period was not explicitly stated, but the increase in revenue and costs suggests a focus on maintaining profitability amidst rising expenses[34] - The net profit for Q3 2019 was CNY 10,189,335.72, down 23.0% from CNY 13,376,782.54 in Q3 2018[36] - The total profit for Q3 2019 was CNY 11,987,586.87, compared to CNY 14,717,675.12 in Q3 2018, reflecting a decline of 18.6%[36] - The company's total operating profit for Q3 2019 was CNY 12,277,863.48, down from CNY 14,780,461.77 in the same quarter last year[36] - The net profit attributable to the parent company was CNY 12,638,449.63, down 19.5% from CNY 15,769,638.66 in the previous year[44] - The total comprehensive income for the period was CNY 12,638,449.63, a decrease of 19.5% compared to CNY 15,769,638.66 in the previous year[44] Cash Flow - The net cash flow from operating activities was CNY -6,711,359.90, a decline of 33.40% compared to the same period last year[8] - Operating cash flow net amount decreased dramatically by 12994.55% from ¥358,431.39 to -¥46,218,120.02, mainly due to reduced sales collections and increased payments for goods[17] - The net cash flow from operating activities was negative at CNY -46,218,120.02, compared to a positive CNY 358,431.39 in the previous year[50] - The net cash flow from financing activities was CNY 8,032,395.03, compared to a negative CNY -11,569,013.42 in the same period last year[51] - The company reported a total cash outflow of 157,990,279.57 CNY from operating activities, compared to 128,391,803.40 CNY in the previous period[53] Assets and Liabilities - Total assets at the end of the reporting period were CNY 593,605,740.66, a decrease of 4.92% compared to the end of the previous year[8] - Total assets decreased from ¥624,336,095.89 to ¥593,605,740.66, reflecting a reduction in current assets[26][27] - Total liabilities decreased from ¥129,021,335.07 to ¥116,091,321.66, indicating improved financial stability[27] - Total liabilities decreased to CNY 98,240,217.72 from CNY 141,464,481.00, representing a decline of approximately 30.5%[32] - The company's equity increased slightly to CNY 445,757,098.37 from CNY 445,289,915.95, indicating a marginal growth of about 0.1%[32] Shareholder Information - The total number of shareholders at the end of the reporting period was 6,030[12] - The largest shareholder, Yu Wenbiao, holds 12.47% of the shares, with 15,966,232 shares pledged[12] - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[13] Expenses and Costs - Total operating costs for Q3 2019 amounted to CNY 68,384,805.39, up from CNY 61,737,785.00, indicating an increase of about 10.6% year-over-year[34] - Sales expenses increased by 44.70% from ¥14,758,812.31 to ¥21,356,327.91, mainly due to team expansion and increased market promotion[17] - Research and development expenses for Q3 2019 were CNY 3,314,896.59, compared to CNY 2,898,514.72 in the previous year, reflecting an increase of approximately 14.3%[34] - Research and development expenses increased to CNY 9,170,803.57, up 24.3% from CNY 7,375,491.59 in the same period last year[46] Other Income and Subsidies - The company received government subsidies amounting to CNY 5,599,447.15 during the reporting period[9] - Other income surged by 7693.13% from ¥71,500.00 to ¥5,572,087.15, primarily due to increased government subsidies received[17] Inventory and Receivables - Accounts receivable decreased significantly by 99.85% from ¥13,526,958.84 to ¥20,000.00, primarily due to increased payments for goods and maturity handling[16] - Other receivables increased by 151.58% from ¥3,725,079.93 to ¥9,371,555.93, mainly due to increased bid deposits and standby funds[16] - Inventory levels decreased to CNY 66,504,026.47 from CNY 72,615,688.60, showing a reduction of approximately 8.5%[30] Audit and Standards - The company did not undergo an audit for the third quarter report[55] - The company has not applied new financial instrument standards or new revenue standards for the current reporting period[55]