宁通信B(200468) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the current period was CNY 277,519,139.93, a decrease of 37.71% year-on-year[7] - Net profit attributable to shareholders was a loss of CNY 16,033,203.08, representing a decline of 101.83% year-on-year[7] - Basic earnings per share were -CNY 0.074, a decrease of 100.00% compared to the same period last year[7] - The company's net profit for the reporting period was -¥65,196,745.52, a decline of 858.39% compared to -¥6,802,722.33 in the previous year[15] - The company's net loss for Q3 2019 was CNY 13.32 million, compared to a net loss of CNY 5.49 million in Q3 2018[37] - The net profit for Q3 2019 was a loss of ¥65,196,745.52, compared to a loss of ¥6,802,722.33 in Q3 2018, reflecting a significant increase in losses[46] - The total profit for Q3 2019 was a loss of CNY 12,015,168.79, compared to a loss of CNY 3,964,486.41 in the previous year, indicating a significant decline in profitability[41] Assets and Liabilities - Total assets decreased by 14.75% to CNY 1,808,039,811.07 compared to the end of the previous year[7] - The company's total assets decreased to ¥1,808,039,811.07 from ¥2,120,744,292.41, reflecting a significant reduction in overall asset value[28] - Total liabilities decreased to CNY 1.39 billion from CNY 1.63 billion, a decline of 15.0%[30] - The total non-current liabilities increased by 342.97% to ¥32,320,662.49, primarily due to the initiation of financing lease activities[15] - The company's total liabilities reached CNY 1,632,746,822.13, with non-current liabilities at CNY 7,296,315.00[63] - Total liabilities amounted to ¥1,208,818,152.14[67] Shareholder Information - Net assets attributable to shareholders decreased by 20.70% to CNY 281,727,950.08 compared to the end of the previous year[7] - The total number of ordinary shareholders at the end of the reporting period was 8,970[11] - The largest shareholder, China Putian Information Industry Co., Ltd., holds 53.49% of the shares[11] - Total equity attributable to shareholders decreased to CNY 281.73 million from CNY 355.29 million, a drop of 20.7%[30] - Total equity was reported at ¥207,868,938.35, with an undistributed profit of -¥180,137,921.22[67] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 174,200,790.16, an improvement of 30.78% year-to-date[7] - The net cash flow from operating activities was -174,200,790.16 CNY, compared to -251,675,588.51 CNY in the previous period, indicating an improvement[53] - Total cash inflow from operating activities was 1,004,480,030.44 CNY, while cash outflow was 1,178,680,820.60 CNY, resulting in a net cash outflow of 174,200,790.16 CNY[53] - Cash flow from investment activities showed a net outflow of -6,588,145.80 CNY, a significant decrease from a net inflow of 24,138,218.08 CNY in the previous period[54] - Cash inflow from financing activities was 381,580,273.89 CNY, while cash outflow was 327,196,482.84 CNY, resulting in a net cash inflow of 54,383,791.05 CNY[54] Operational Highlights - The company plans to focus on new product development and market expansion strategies to improve future performance[36] - The company is focusing on expanding its market presence and enhancing its product offerings through new technology development[61] - Research and development expenses for Q3 2019 were ¥12,053,250.85, down from ¥15,267,815.70 in the same period last year, showing a reduction in investment in R&D[49] Financial Ratios - The weighted average return on net assets was -5.53%, down from -3.17% in the previous year[7] - The total liabilities to equity ratio is approximately 3.34, indicating a high level of leverage[63]