兴瑞科技(002937) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was ¥35,225,470.46, reflecting a 1.41% increase year-on-year[8] - Operating income for the period was ¥277,946,301.61, representing a 7.51% increase compared to the previous quarter[8] - The company experienced a year-to-date revenue decline of 3.43%, totaling ¥737,653,957.05[8] - The net profit attributable to shareholders for the year-to-date period was ¥93,068,123.18, down 11.35% year-on-year[8] - The company's net profit for the third quarter of 2020 was CNY 57.74 million, a decrease from CNY 68.12 million in the same period of 2019, reflecting a decline of about 15.2%[55] - The net profit for Q3 2020 was CNY 35,225,470.46, slightly higher than CNY 34,736,648.72 in Q3 2019, indicating a growth of 1.4%[63] - The net profit attributable to the parent company was CNY 93,068,123.18, down from CNY 104,987,114.04 in the same period last year, reflecting a decrease of about 11.4%[76] - The total profit for the period was CNY 68,757,149.17, compared to CNY 90,745,469.79 in the previous year, indicating a decrease of approximately 24.2%[79] Cash Flow - Net cash flow from operating activities decreased by 56.28% year-on-year to ¥46,375,386.13, primarily due to changes in structured deposits and a decline in sales[8] - Net cash flow from operating activities decreased by 56.28% to 95,550,020.93 RMB, attributed to changes in structured deposits and a decline in sales[25] - The net cash flow from operating activities for Q3 2020 was ¥95,550,020.93, a decrease of 56.3% compared to ¥218,525,690.82 in Q3 2019[84] - Total cash inflow from operating activities was ¥1,529,098,620.94, an increase of 7.4% from ¥1,423,666,539.04 in the previous year[88] - Cash outflow for operating activities totaled ¥1,433,477,609.61, up from ¥1,223,556,229.95, indicating a 17.1% increase[90] - The net cash flow from investment activities was -¥85,726,279.91, an improvement from -¥112,754,992.76 in the same period last year[84] - Cash inflow from investment activities was ¥211,289,445.03, compared to ¥117,973,003.71 in Q3 2019, marking an increase of 79.1%[84] - Cash outflow for investment activities was ¥297,015,724.94, up from ¥230,727,996.47, reflecting a 28.7% increase[84] - The net cash flow from financing activities was -¥35,342,065.48, compared to -¥55,332,252.26 in the previous year, showing a 36.2% improvement[86] Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,196,477,661.19, an increase of 4.11% compared to the end of the previous year[8] - Total assets as of September 30, 2020, were CNY 1.196 billion, compared to CNY 1.149 billion at the end of 2019, representing a growth of approximately 4.1%[55] - The total liabilities decreased to CNY 221.20 million from CNY 228.38 million, indicating a reduction of about 3.5%[53] - The total liabilities amounted to CNY 217,020,901.79, compared to CNY 182,627,989.73 in the previous year, marking an increase of 18.8%[59] - Total current assets amounted to CNY 852.26 million, an increase from CNY 829.15 million at the end of 2019[49] Shareholder Information - The top ten shareholders held a combined 75.85% of the company's shares, with the largest shareholder owning 24.54%[11] - Basic earnings per share were ¥0.1197, a decrease of 11.36% compared to the same period last year[8] - Basic and diluted earnings per share were both ¥0.1197, compared to ¥0.1180 in the previous period, indicating a slight increase[65] - The basic and diluted earnings per share were both CNY 0.3161, compared to CNY 0.3566 in the previous year, indicating a decline of approximately 11.3%[76] Investment and Development - The company plans to expand its market presence and invest in new product development to drive future growth[45] - The company plans to expand its market presence and invest in new product development in the upcoming quarters[68] - Research and development expenses for Q3 2020 were CNY 11,827,778.97, a decrease of 19.0% from CNY 14,688,682.82 in the same quarter last year[61] - Research and development expenses amounted to CNY 18,759,896.80, a decrease from CNY 21,253,681.84 in the previous year, representing a reduction of approximately 11.7%[76] Financial Management - Financial expenses decreased by 87.83% to -2,021,269.80 RMB compared to the same period last year[19] - The company reported a financial expense of CNY 7,047,086.04, compared to a financial income of CNY 10,032,616.40 in the previous year, indicating a significant shift in financial performance[61] - The company reported a decrease in financial expenses, with a net financial income of CNY 1,736,338.95, compared to a loss of CNY 14,274,624.58 in the previous year[76] Other Income - The company reported a net profit of ¥2,296,620.75 from government subsidies closely related to business operations[10] - Other income decreased by 85.35% to 2,185,552.35 RMB, primarily due to a reduction in government subsidies received[19] - Investment income increased significantly by 521.86% to 1,917,444.65 RMB, reversing a loss from the previous year[19] - The investment income for the current period was ¥917,618.56, compared to a loss of ¥201,830.68 in the previous period, showing a positive turnaround[66]