宇环数控(002903) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 12,016,984.41, down 74.66% year-on-year[8] - Net profit attributable to shareholders was a loss of CNY 1,103,775.99, representing a decline of 109.30% compared to the same period last year[8] - Basic earnings per share were -CNY 0.0074, a decrease of 109.36% year-on-year[8] - The company reported a significant decrease in accounts payable from CNY 44,300,831.79 to CNY 27,925,818.95, a decline of about 37.0%[34] - Total operating revenue for the current period is 12,016,984.41, a decrease from 47,428,190.79 in the previous period, representing a decline of approximately 74.7%[42] - Operating profit for the current period is -1,075,004.49, compared to 14,026,688.65 in the previous period, reflecting a significant decline[43] - Net profit for the current period is -1,103,775.99, a sharp decrease from 11,742,453.92 in the previous period, marking a decline of approximately 109.4%[43] - Total operating revenue for the current period is $40.34 million, a decrease of 75.7% compared to $165.80 million in the previous period[50] - Operating profit for the current period is -$9.61 million, compared to $53.19 million in the previous period, indicating a significant decline[51] - Net profit for the current period is -$8.88 million, a drop from $45.79 million in the previous period, reflecting a negative performance[52] Cash Flow and Liquidity - The net cash flow from operating activities was negative CNY 1,572,300.65, an increase of 96.13% compared to the previous year[8] - The net cash flow from operating activities was 43,931,219.51, a significant improvement from -75,424,825.17 in the previous period, indicating a recovery in operational efficiency[58] - Cash inflow from operating activities totaled 158,640,048.80, down from 195,477,525.55, while cash outflow decreased to 114,708,829.29 from 270,902,350.72, reflecting cost control measures[58] - The company reported a cash balance of 25,096,074.85 at the end of the period, up from 14,644,393.86, reflecting improved liquidity[59] - The total cash outflow for operating activities was 113,459,601.08, significantly lower than 273,457,093.16 in the previous period, reflecting improved operational cost management[60] - The company experienced a net decrease in cash and cash equivalents of -3,541,120.21, compared to -191,453,197.29, indicating a stabilization in cash flow[59] Assets and Liabilities - Total assets at the end of the reporting period were CNY 656,742,846.94, a decrease of 8.78% compared to the previous year[8] - The company's total liabilities decreased by 65.65% in notes payable to ¥9,984,125.95 from ¥29,066,542.59, attributed to reduced procurement volume[17] - Current liabilities decreased from CNY 86,350,298.03 to CNY 46,578,561.89, a reduction of about 46.0%[34] - Non-current assets increased from CNY 149,657,983.90 to CNY 160,053,803.52, an increase of approximately 6.0%[33] - Total liabilities decreased from CNY 103,914,538.43 to CNY 63,837,606.37, a decline of about 38.6%[34] - Owner's equity decreased from CNY 616,007,343.61 to CNY 592,905,240.57, a reduction of approximately 3.7%[35] - The company reported a total current asset of CNY 617,393,330.61, with inventory valued at CNY 99,743,278.70[69] Shareholder Information - The total number of shareholders at the end of the reporting period was 30,028[12] - The largest shareholder, Xu Shixiong, holds 38.25% of the shares, totaling 57,375,000 shares[12] Other Income and Expenses - The company reported non-operating income of CNY 12,367,944.18, primarily from government subsidies and investment income[9] - The company reported a credit impairment loss of $3.21 million, compared to a gain of $2.19 million in the previous period, indicating increased credit risk[51] - Other income for the current period is 3,602,182.16, an increase from 2,766,034.49 in the previous period, representing a growth of approximately 30.2%[42] - Other income decreased to $5.57 million from $20.95 million in the previous period, showing a decline in additional revenue sources[50] - Research and development expenses for the current period are 2,512,210.12, down from 3,249,352.35 in the previous period, a decrease of about 22.7%[42] - Management expenses for the current period are 4,918,967.39, an increase from 4,137,693.03 in the previous period, reflecting a rise of about 18.9%[42]