瀛通通讯(002861) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the period was CNY 360,686,764.74, representing a year-on-year increase of 17.53%[8] - Net profit attributable to shareholders decreased by 55.59% to CNY 11,262,044.98 compared to the same period last year[8] - Basic earnings per share decreased by 57.14% to CNY 0.09[8] - The company reported a weighted average return on equity of 1.07%, down by 1.37% from the previous year[8] - Total operating revenue for the third quarter was CNY 360,686,764.74, an increase from CNY 306,894,962.97 in the previous period, representing a growth of approximately 17.5%[69] - Net profit for the period was CNY 11,262,044.98, a decrease of 55.7% compared to CNY 25,357,388.76 in the same period last year[71] - Basic and diluted earnings per share decreased to CNY 0.09 from CNY 0.21, a decline of about 57.1%[72] - The comprehensive income for the period was CNY 9,295,612.96, down from CNY 25,542,684.14, indicating a decrease of approximately 63.6%[72] Assets and Liabilities - Total assets increased by 27.11% to CNY 1,761,428,686.70 compared to the end of the previous year[8] - The total liabilities as of September 30, 2020, were CNY 658,668,166.95, up from CNY 333,053,224.07, indicating a growth of 97%[62] - The total equity attributable to the parent company was CNY 1,102,760,519.75, an increase from CNY 1,052,691,868.54, reflecting a growth of 5%[63] - The company's accounts receivable rose to CNY 335,631,907.62 from CNY 289,606,813.89, marking an increase of 16%[60] - The inventory level increased to CNY 201,675,725.86 from CNY 188,108,143.15, which is a rise of 7%[60] - The non-current assets totaled CNY 662,428,961.75, up from CNY 577,139,240.15, showing an increase of 15%[61] Cash Flow - Net cash flow from operating activities decreased by 64.79% to CNY 14,997,453.96[8] - The net cash flow from financing activities surged by 709.78% to ¥278,727,358.34, driven by funds raised from issuing convertible bonds[19] - Cash inflow from operating activities totaled CNY 923,934,965.70, down from CNY 1,008,597,861.28, reflecting a decline of about 8.4%[86] - The net cash flow from operating activities was CNY 78,423,857.19, compared to CNY 85,844,614.78 in the previous period, representing a decrease of approximately 8.3%[88] - Cash outflow from investing activities was CNY 894,276,107.35, significantly lower than CNY 1,885,117,599.04 from the previous period, showing a reduction of about 52.5%[89] Shareholder Information - The total number of shareholders at the end of the reporting period was 13,995[13] - The largest shareholder, Huang Hui, holds 31.12% of the shares, amounting to 37,905,800 shares[13] - The company did not engage in any repurchase transactions during the reporting period[14] Research and Development - Research and development expenses rose by 42.76% to ¥50,479,796.34, reflecting increased investment in R&D during the reporting period[18] - Research and development expenses rose to CNY 22,303,056.63, compared to CNY 13,758,596.88, reflecting an increase of approximately 62%[70] Investment Activities - The company received ¥682,837,695.37 in cash related to investment activities, a decrease of 59.54% compared to the previous year, attributed to reduced cash management frequency[19] - The company completed the issuance of convertible bonds, with the total investment amounting to RMB 51 million, of which RMB 10 million will be used for project investment construction[27] - The total amount raised from the convertible bond project was RMB 293.31 million, with RMB 83.31 million utilized during the reporting period[38] Financial Management - The company has established a dedicated internal control system for foreign exchange hedging to mitigate risks associated with currency fluctuations[34] - The company emphasizes that its foreign exchange hedging activities are based on normal business operations to avoid speculative trading[34] - The company has not engaged in any securities investments during the reporting period, focusing on its core operations[31] Project Developments - The company plans to sign a project investment agreement with the Dongguan Changping Town Government, indicating a strategic expansion in the region[27] - The company has established production bases in Vietnam, India, Guangxi, Guizhou, and Guangdong Huizhou to seize market opportunities arising from product upgrades[49] - The company has extended the construction period for several projects, including the portable digital communication cable technology upgrade project, from 12 months to 36 months due to market changes[49] Miscellaneous - The company reported no overdue amounts or non-compliance with external guarantees during the reporting period[53] - The third quarter report was not audited[103]