鹏鼎控股(002938) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 7,351,097,010.67, down 8.10% year-on-year [4]. - Net profit attributable to shareholders was CNY 587,346,954.03, a decrease of 46.26% compared to the same period last year [4]. - Basic earnings per share were CNY 0.26, down 44.68% year-on-year [4]. - The weighted average return on equity decreased to 2.96%, down 3.12 percentage points from the previous year [4]. - Total operating revenue for the current period reached CNY 17,465,866,117.39, an increase from CNY 17,337,440,640.72 in the previous period [41]. - Net profit for the current period was CNY 1,381,589,452.18, down from CNY 1,702,283,563.31 in the previous period, representing a decrease of approximately 18.8% [42]. - Comprehensive income totalled CNY 1,345,089,307.28, compared to CNY 1,718,832,016.26 in the previous period, indicating a decline of about 21.6% [42]. - The company reported a total profit of CNY 1,593,419,860.75 for the current period, down from CNY 2,052,334,928.61 in the previous period, a decrease of approximately 22.3% [41]. Cash Flow - Net cash flow from operating activities increased by 253.00% to CNY 1,249,723,657.00 [4]. - Cash flow from operating activities generated CNY 3,853,210,055.45, an increase from CNY 2,408,035,089.51 in the previous period, showing a growth of about 60.3% [45]. - The net cash flow from operating activities for the current period is ¥1,090,468,447.24, a decrease of 37.0% compared to ¥1,728,045,588.16 in the previous period [47]. - Total cash inflow from investment activities is ¥1,467,928,177.27, significantly higher than ¥604,625,306.33 in the previous period, indicating a strong recovery in investment receipts [48]. - The net cash flow from financing activities is -¥1,951,440,451.11, compared to -¥1,708,883,333.02 in the previous period, reflecting increased debt repayments [48]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 28,247,940,253.20, a decrease of 2.11% compared to the end of the previous year [4]. - Cash and cash equivalents decreased by 40.90% to RMB 4,013,492,283.79 from RMB 6,790,787,684.98 due to repayment of short-term loans [10]. - Total liabilities decreased to ¥8,143,279,612.90 from ¥9,026,932,916.16, a reduction of about 9.8% [33]. - The company's equity attributable to shareholders rose to ¥20,099,539,387.99 from ¥19,829,254,992.49, an increase of approximately 1.4% [33]. - The total liabilities amounted to CNY 9,026,932,916.16, with total equity at CNY 19,829,254,992.49 [53]. Inventory and Receivables - Inventory increased by 79.76% to RMB 3,592,950,311.23 from RMB 1,998,728,865.45 as a result of increased stocking to meet customer demand [10]. - Accounts receivable stood at ¥5,080,898,763.37, down from ¥6,183,179,207.66, indicating a reduction of about 17.8% [32]. - Other receivables decreased by 87.67% to ¥36,185,218.27, mainly due to the completion of export tax rebates [64]. Investments and Capital Expenditures - Cash paid for the purchase of fixed assets increased by 61.38% to RMB 3,897,180,353.32 from RMB 2,414,941,969.14 due to increased capital expenditures [13]. - The company has invested RMB 58.44 million in the flexible PCB expansion project, achieving 58.09% of the planned investment [23]. - The company has invested RMB 33.16 million in the high-end HDI PCB expansion project, achieving 82.11% of the planned investment [23]. - The company purchased approximately 330 acres of land in Huai'an for future production base investment, with a purchase cost of approximately RMB 66 million, completed in October 2020 [18]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 36,419 [7]. - The largest shareholder, Meigang Industrial Co., Ltd., held 66.38% of the shares [7]. - The company has not engaged in any repurchase transactions among the top ten shareholders during the reporting period [62]. Government Subsidies and Other Income - Government subsidies recognized in the current period amounted to CNY 149,718,947.51 [5]. - Other income increased by 51.27% to RMB 149,718,947.51 from RMB 98,975,830.02 mainly due to increased government subsidies [11]. Financial Expenses - Financial expenses decreased by 93.73% to -RMB 10,172,563.27 from -RMB 162,320,019.33 primarily due to increased exchange losses [11]. - Investment income decreased by 85.73% to 3,999,902.01 from 28,022,840.20, mainly due to reduced investment in financial products [65].