力盛体育(002858) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 57,713,528.18, down 47.34% year-on-year, and CNY 122,002,375.47 for the year-to-date, down 55.96% compared to the same period last year[8] - Net profit attributable to shareholders was CNY 5,405,762.95, a decrease of 51.24% year-on-year, with a year-to-date loss of CNY 8,046,101.18, down 151.23%[8] - Basic earnings per share were CNY 0.0430, down 51.08% year-on-year, with diluted earnings per share also at CNY 0.0430[8] - The company's operating revenue for Q3 2020 was CNY 122,002,375.47, a decrease of 55.96% compared to CNY 277,017,226.06 in the same period last year[18] - The company reported a total profit for the year-to-date period of CNY -1,891,266.57, compared to CNY 11,408,689.56 in the same period last year[53] - The net profit for Q3 2020 was CNY 635,187.28, a significant decline from CNY 26,210,801.42 in Q3 2019[50] - The total profit for Q3 2020 was CNY -2,054,078.87, compared to a profit of CNY 29,285,544.69 in the previous year[50] Cash Flow - The net cash flow from operating activities was CNY 24,987,814.39, an increase of 683.29% year-on-year, and CNY 57,304,489.49 for the year-to-date, up 205.82%[8] - The net cash flow from operating activities for Q3 2020 was ¥57,304,489.49, a significant improvement compared to a net outflow of ¥54,154,735.14 in Q3 2019[58] - Total cash inflow from operating activities was ¥256,091,983.86, while cash outflow was ¥198,787,494.37, resulting in a net cash flow of ¥57,304,489.49[58] - Cash inflow from investment activities was ¥101,621,300.34, while cash outflow was ¥114,011,884.44, leading to a net cash outflow of ¥12,390,584.10[59] - The company’s cash flow from financing activities was negatively impacted by a significant increase in debt repayment, which totaled ¥56,431,170.86 in Q3 2020[62] Assets and Liabilities - Total assets at the end of the reporting period were CNY 643,486,999.60, a decrease of 12.98% compared to the end of the previous year[8] - The company's accounts receivable decreased by 42.54% to CNY 118,917,475.82 from CNY 206,960,334.14, primarily due to reduced revenue caused by the pandemic[18] - The company's total liabilities decreased to CNY 139,546,205.05 from CNY 223,815,319.88, representing a reduction of about 37.6%[34] - The company's total equity decreased to CNY 503,940,794.55 from CNY 515,647,568.89, reflecting a decrease of approximately 2.7%[35] - Short-term borrowings decreased significantly to CNY 18,000,000.00 from CNY 55,507,360.41, a reduction of about 67.6%[38] Shareholder Information - The total number of shareholders at the end of the reporting period was 7,132[12] - The largest shareholder, Xia Qing, held 23.99% of the shares, with 22,725,000 shares pledged[12] Government Subsidies and Other Income - Non-recurring gains and losses amounted to CNY 6,384,680.66, primarily from asset disposal gains and government subsidies[10] - The company received government subsidies amounting to CNY 1.5 million during the reporting period[20] - The company recorded a significant increase in other income by 182.06% to CNY 7,051,126.24, primarily due to increased government subsidies compared to the previous year[18] Investment and Expenses - The company’s investment income was CNY -422,357.73, reflecting a loss due to the impact of the pandemic on joint ventures[18] - Research and development expenses for the third quarter were CNY 4,429,473.36, slightly down from CNY 4,524,873.64 year-over-year[41] - The company reported a financial expense of CNY -2,581,177.10 for the third quarter, compared to CNY 1,838,715.44 in the previous period, indicating a significant improvement[41] Share Buyback and Fund Usage - As of January 10, 2020, the company completed a share buyback of 678,800 shares, accounting for 0.5374% of the total share capital, with a total expenditure of approximately CNY 9.997 million[20] - The company reported a total of CNY 195,200 in actual use of raised funds during the year, with cumulative usage amounting to CNY 144.0787 million[24] Other Financial Metrics - The weighted average return on net assets was 1.27%, a decrease of 1.34% compared to the previous year[8] - The company has no overdue external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[26][27] - The company has engaged in wealth management with a total investment of CNY 47.8 million in bank financial products, with no overdue amounts reported[26]