天奥电子(002935) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the period was CNY 104,597,227.43, reflecting a year-on-year increase of 3.81%[9] - Net profit attributable to shareholders was CNY 5,285,951.87, up 6.05% year-on-year[9] - Basic earnings per share decreased by 11.76% to CNY 0.0330[9] - Total operating revenue for the current period reached ¥104,597,227.43, an increase from ¥100,761,441.85 in the previous period, representing a growth of approximately 3.4%[47] - Net profit attributable to the parent company was ¥5,285,951.87, compared to ¥4,984,510.25 in the previous period, reflecting a growth of approximately 6.0%[53] - Net profit for the current period was ¥34,474,913.85, compared to ¥32,164,538.70 in the previous period, reflecting a growth of approximately 7.18%[60] - The total profit for the current period was ¥37,314,020.96, compared to ¥35,412,059.53 in the previous period, reflecting an increase of about 5.37%[60] Cash Flow - Net cash flow from operating activities was negative at CNY -63,236,534.96, a decrease of 16.19% year-on-year[9] - The company reported a significant decrease in net increase in cash and cash equivalents by 204.96% to -¥396,444,904.85 from ¥377,717,341.60, largely due to investments in financial products[24] - Cash flow from operating activities showed a net outflow of ¥149,051,093.55, worsening from a net outflow of ¥44,039,412.53 in the previous period[68] - Cash inflow from investment activities totaled $822,892,986.32, while cash outflow amounted to $1,046,660,899.39, resulting in a net cash flow of -$223,767,913.07 from investment activities[71] - The net cash flow from financing activities was -$23,625,898.23, with total cash inflows of $5,475,248.61 and outflows of $29,101,146.84[71] - The ending balance of cash and cash equivalents was $113,148,466.33, down from an initial balance of $509,593,371.18, reflecting a net decrease of $396,444,904.85[74] Assets and Liabilities - Total assets increased by 4.00% to CNY 1,535,191,295.25 compared to the end of the previous year[9] - Cash and cash equivalents decreased by 77.48% to ¥115,990,444.93 from ¥515,055,588.44 due to the purchase of principal-protected floating income financial products[23] - Accounts receivable decreased by 43.38% to ¥71,773,357.00 from ¥126,773,835.13, primarily due to the maturity and endorsement transfer of initial notes[23] - Inventory increased by 70.75% to ¥493,980,855.65 from ¥289,295,975.03, reflecting stockpiling of raw materials based on production plans[23] - The company’s total liabilities increased, with accounts payable rising by 85.39% to ¥214,622,642.33 from ¥115,767,663.91, driven by raw material purchases[23] - Total liabilities amounted to ¥344,482,421.51, up from ¥293,178,611.10, indicating a growth of about 17.5%[43] - Total equity attributable to shareholders of the parent company was ¥1,190,708,873.74, slightly increasing from ¥1,182,901,459.89[46] Research and Development - Research and development expenses rose by 46.00% to ¥42,678,394.17 from ¥29,232,495.46, attributed to increased spending on technology reserves and new product development[23] - Research and development expenses increased significantly to ¥11,270,553.38 from ¥6,910,547.44, marking an increase of approximately 63.8%[50] Financial Activities - Government subsidies recognized in the current period amounted to CNY 2,831,433.64[9] - The company reported a financial expense of -¥245,960.92, showing a slight improvement from -¥259,125.73 in the previous period[50] - The company reported a financial income of ¥1,370,171.87, compared to ¥741,971.47 in the previous period, indicating an increase of approximately 84.88%[57] Shareholder Information - The top shareholder, China Electronics Technology Group Corporation, holds 43.30% of shares[14] - The company’s capital stock increased by 50.00% to ¥160,005,000.00 from ¥106,670,000.00, following a profit distribution plan[23] Other Information - The company did not undergo an audit for the third quarter report, indicating that the financial statements are unaudited[74] - The company has not applied new financial instrument standards or new leasing standards for the current reporting period[74]