庄园牧场(002910) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the period reached ¥208,964,384.02, marking a 38.00% increase year-on-year[8] - Net profit attributable to shareholders was ¥11,452,106.22, reflecting a growth of 7.50% compared to the same period last year[8] - The net profit after deducting non-recurring gains and losses was ¥12,469,356.62, up 80.32% year-on-year[8] - The total operating revenue for the third quarter was CNY 208,964,384.02, an increase of 37.9% compared to CNY 151,422,380.39 in the same period last year[43] - The net profit for the quarter was CNY 11,452,106.22, representing a 7.5% increase from CNY 10,653,484.02 in the previous year[44] - The company's net profit for the year-to-date period was CNY 38,147,884.43, representing a 3.2% increase from CNY 36,979,003.91 in the same period last year[52] Assets and Liabilities - Total assets increased to ¥2,450,791,576.38, representing a growth of 19.66% compared to the end of the previous year[8] - The company's total assets reached CNY 2,089,218,673.45, compared to CNY 1,719,099,421.14 in the same period last year, marking a growth of 21.5%[41] - The company's total liabilities reached CNY 1,238,734,631.68, compared to CNY 863,702,308.26 at the end of 2018, representing an increase of approximately 43.5%[36] - Total current liabilities rose to CNY 895,053,904.75, up from CNY 775,344,563.60, indicating an increase of approximately 15.4%[35] - Current liabilities totaled CNY 740,043,730.21, an increase from CNY 617,599,687.89, indicating a rise of 19.8% year-over-year[40] Cash Flow - The net cash flow from operating activities was negative at -¥8,859,366.63, a decline of 157.84% compared to the previous year[8] - Cash received from operating activities decreased by 36.70% to ¥11,430,300.43, mainly due to reduced guarantee deposits and employee loan repayments[17] - The net cash flow from operating activities was CNY 132,782,919.52, a significant improvement compared to a negative cash flow of CNY -112,862,678.19 in the same period last year[64] - The net cash flow from financing activities was CNY 362,912,596.50, a substantial increase from CNY 530,249.87 in the previous year[61] Shareholder Information - The total number of shareholders at the end of the reporting period was 24,876[12] - The largest shareholder, Ma Hongfu, holds 16.89% of the shares, totaling 32,197,400 shares[12] Research and Development - Research and development expenses skyrocketed by 600.97% to ¥8,889,201.31, reflecting a significant increase in R&D investment[16] - Research and development expenses for the quarter were CNY 3,599,270.93, a significant increase from CNY 207,068.57, indicating a focus on innovation[43] - R&D expenses for Q3 2019 amounted to CNY 4,005,813.83, a significant increase from CNY 843,951.64 in the same period last year[56] Financial Changes and Adjustments - The company decided to withdraw its application for the public issuance of A-share convertible bonds, as approved by the board on September 19, 2019[18] - The company will change its auditing firm from Ruihua to Daixin for the 2019 annual audit, pending shareholder approval[18] - The company has adopted new leasing standards, impacting the accounting treatment of lease liabilities and right-of-use assets[76] - The adjustment for the new leasing standard resulted in a cumulative impact on retained earnings as of January 1, 2019[76] Government Support - The company received government subsidies amounting to ¥4,478,928.04 during the reporting period[9]