宁通信B(200468) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 257,967,139.46, a decline of 7.05% compared to the same period last year[7]. - Net profit attributable to shareholders of the listed company was a loss of CNY 1,190,034.23, an increase in loss of 92.58% year-on-year[7]. - Basic earnings per share were CNY -0.01, an improvement of 85.71% compared to the same period last year[7]. - The company expects significant changes in net profit for the year, indicating potential losses compared to the previous year[23]. - Total operating revenue for the third quarter was CNY 257,967,139.46, a decrease from CNY 277,519,139.93 in the previous period[39]. - The company reported a net loss of CNY 284,691,750.74 in retained earnings, compared to a loss of CNY 224,644,862.48 in the previous period[34]. - The company reported a total comprehensive income of CNY 6,489,970.84, contrasting with a loss of CNY 11,228,858.84 in the same quarter last year[42]. - The company reported a total comprehensive income of -CNY 45,902,813.96 for the third quarter, compared to -CNY 65,196,801.29 in the previous year[50]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,474,870,353.18, a decrease of 10.72% compared to the end of the previous year[7]. - Total liabilities decreased to CNY 1,261,935,325.36 from CNY 1,351,905,377.65[33]. - Current liabilities totaled CNY 1,244,409,223.33, down from CNY 1,333,073,299.62[33]. - Non-current liabilities were CNY 17,526,102.03, a slight decrease from CNY 18,832,078.03[33]. - The company's total equity decreased to CNY 212,935,027.82 from CNY 300,100,141.79[34]. - Total liabilities reached CNY 1,351,905,377.65, with current liabilities at CNY 1,333,073,299.62 and non-current liabilities at CNY 18,832,078.03[66]. - The total liabilities to equity ratio is approximately 4.5, suggesting a high leverage position[66]. Cash Flow - The net cash flow from operating activities was CNY 6,656,073.35, an increase of 165.88% compared to the same period last year[7]. - Net cash flow from operating activities increased by 113.95% to ¥24,308,791.38 from -¥174,200,790.16, due to enhanced cash collection efforts[16]. - Total cash inflow from operating activities was ¥874,499,074.56, while cash outflow was ¥850,190,283.18, resulting in a positive cash flow[57]. - Cash inflow from financing activities was ¥172,737,283.33, while cash outflow totaled ¥320,840,864.88, leading to a net cash flow of -¥148,103,581.55[58]. Shareholder Information - Net assets attributable to shareholders of the listed company were CNY 109,496,218.17, down 35.42% year-on-year[7]. - The total number of ordinary shareholders at the end of the reporting period was 8,534[11]. - The largest shareholder, China Putian Information Industry Co., Ltd., held 53.49% of the shares[11]. Inventory and Receivables - Accounts receivable decreased by 82.70% to ¥10,319,290.58 from ¥59,653,053.58 due to commercial bill endorsements[15]. - Inventory increased by 33.83% to ¥280,227,113.12 from ¥209,397,286.17 as some projects did not meet revenue recognition conditions[15]. - Accounts receivable decreased significantly to CNY 246,491,737.39 from CNY 415,997,318.07[34]. - Inventory increased to CNY 137,001,647.79 from CNY 73,809,627.64, indicating a potential buildup of stock[34]. Research and Development - Research and development expenses for the third quarter were CNY 10,351,773.98, down from CNY 14,871,137.85 in the previous year[40]. - Research and development expenses for the third quarter were CNY 5,922,197.80, down from CNY 12,053,250.85 year-over-year[52]. Other Financial Metrics - The weighted average return on net assets was -1.09%, a decrease of 43.04% year-on-year[7]. - Non-recurring gains and losses totaled CNY 9,194,501.51 for the year-to-date[8]. - The company recorded investment income of CNY 70.24, compared to CNY 451.53 in the same period last year[40]. - The company incurred a credit impairment loss of CNY 5,272,892.33 in the third quarter, compared to a gain of CNY 75,296.00 in the previous year[49].