京泉华(002885) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥368,829,771.51, representing a year-on-year increase of 7.19%[8] - Net profit attributable to shareholders of the listed company was ¥16,014,522.81, up 22.65% year-on-year[8] - Net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 52.18% to ¥5,295,488.23[8] - Basic earnings per share increased by 22.76% to ¥0.0890[8] - The weighted average return on net assets was 1.97%, an increase of 0.27% year-on-year[8] - Total operating revenue for Q3 2020 was CNY 368,829,771.51, an increase of 7.9% compared to CNY 344,086,830.97 in the same period last year[45] - Net profit for Q3 2020 reached CNY 16,008,907.47, compared to CNY 12,647,538.34 in Q3 2019, representing a growth of 26.5%[47] - The net profit for the year-to-date period was ¥46,046,176.49, a slight decrease of 2.2% compared to ¥47,104,325.27 in the previous year[54] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,539,506,351.58, a decrease of 0.01% compared to the end of the previous year[8] - The company's total liabilities decreased to CNY 722,590,772.97 from CNY 759,543,817.63, a reduction of about 4.9%[38] - The company's long-term borrowings decreased by 43.78% to ¥62,002,500.00, primarily due to the repayment of bank loans[16] - Total liabilities decreased to CNY 804,031,137.31 from CNY 883,318,169.06, indicating a reduction of 8.9%[43] - The company's total assets amounted to CNY 1,539,506,351.58, a slight decrease from CNY 1,539,627,931.75 at the end of 2019[39] Cash Flow - Net cash flow from operating activities was ¥39,499,979.51, down 13.68% compared to the previous year[8] - Cash flow from operating activities generated a net amount of CNY 99,970,144.98, an increase of 112.0% from CNY 47,102,411.93 in the same period last year[60] - Cash flow from investing activities resulted in a net outflow of CNY 103,314,676.54, slightly improved from a net outflow of CNY 111,613,575.55 in the previous year[61] - The net cash flow from financing activities showed a negative value of -¥87,487,644.61, contrasting with a positive cash flow of ¥76,379,694.26 in Q3 2019[64] Shareholder Information - The company reported a total of 17,972 ordinary shareholders at the end of the reporting period[12] - The largest shareholder, Zhang Lipin, holds 26.57% of the shares, totaling 47,833,065 shares[12] Financial Expenses and Income - The company's financial expenses increased significantly by 1,045.35% to ¥18,756,621.89 due to higher interest expenses and exchange losses compared to the previous period[17] - Other income rose by 85.50% to ¥13,536,098.67, primarily due to an increase in government subsidies received[17] - The company reported a financial expense of ¥9,736,619.41 in Q3 2020, compared to a financial income of ¥5,898,082.51 in the previous year[49] Investment and R&D - Research and development expenses for Q3 2020 were CNY 17,069,219.81, compared to CNY 14,236,325.90 in the same period last year, marking an increase of 19.4%[46] - The company plans to continue focusing on R&D and market expansion strategies to improve future performance[49] Other Financial Metrics - The company recorded a significant increase in credit impairment losses by 432.59% to ¥2,334,608.83, due to an increase in bad debt provisions[17] - The company reported a fair value change gain of CNY 10,492,547.25 in Q3 2020, indicating active management of financial assets[46] - The total comprehensive income for Q3 2020 was CNY 34,782,346.88, down from CNY 52,273,071.26, reflecting a decrease of 33.4%[58]