网宿科技(300017) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥1,411,194,902.88, representing a decline of 10.23% year-on-year[3] - Net profit attributable to shareholders was -¥31,229,665.86, a decrease of 119.05% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥35,183,072.20, down 124.42% year-on-year[3] - Basic earnings per share for the reporting period was -¥0.0128, a decrease of 119.02% compared to the same period last year[3] - The weighted average return on net assets was -0.33%, a decrease of 2.29 percentage points compared to the previous year[3] - The net cash flow from operating activities for the year-to-date was ¥205,083,996.11, down 25.23% year-on-year[3] - Total operating revenue for Q3 2019 was ¥1,411,194,902.88, a decrease of 10.23% compared to ¥1,572,018,318.95 in the same period last year[34] - Net profit for Q3 2019 was -¥31,146,454.81, compared to a net profit of ¥162,478,490.71 in Q3 2018, indicating a significant decline in profitability[35] - The company's operating revenue for the current period is ¥1,047,349,049.79, a decrease of 17.4% compared to ¥1,268,404,125.33 in the previous period[38] - The net profit for the current period is ¥15,764,284.29, a decrease of 92.3% compared to ¥205,984,966.38 in the previous period[39] - The total comprehensive income for the current period is ¥15,764,284.29, down from ¥205,984,966.38, indicating a significant decline[39] Asset Management - Total assets at the end of the reporting period amounted to ¥11,245,560,639.35, a decrease of 5.82% compared to the end of the previous year[3] - The company's total assets decreased to ¥11,245,560,639.35 from ¥11,940,124,566.31, representing a decline of approximately 5.8%[29] - Total current assets increased to ¥6,215,513,370.03 as of September 30, 2019, compared to ¥6,102,027,977.18 at the end of 2018, reflecting a growth of approximately 1.85%[27] - The balance of trading financial assets increased by 66.84% compared to the beginning of the year, primarily due to an increase in wealth management products[10] - The balance of long-term equity investments increased by 31.09% compared to the beginning of the year, mainly due to new investments in Yunji Zhihui Technology Co., Ltd.[10] - The balance of fixed assets decreased by 38.37% compared to the beginning of the year, primarily due to the disposal of subsidiaries[10] - The company's goodwill remained relatively stable at ¥612,671,227.37, compared to ¥616,213,830.10, showing a slight decrease of about 0.6%[27] Liabilities and Equity - The total liabilities decreased to ¥1,846,588,850.82 from ¥3,256,752,547.43, a reduction of about 43.3%[28] - The equity attributable to shareholders increased to ¥9,410,582,514.01, compared to ¥8,671,613,254.33, marking a growth of approximately 8.5%[29] - The balance of short-term borrowings decreased by 87.59% compared to the beginning of the year, mainly due to the repayment of bank loans[10] - The company reported a decrease in short-term borrowings to ¥136,427,223.25 from ¥1,099,122,656.09, a significant reduction of approximately 87.6%[28] Cash Flow and Investments - The net cash flow from investing activities increased by 127.64% year-on-year, primarily due to the proceeds from the disposal of subsidiaries[12] - The company disposed of non-current assets resulting in a gain of ¥712,765,113.04 during the reporting period[4] - The total cash inflow from investment activities reached CNY 11,753,392,871.53, significantly higher than CNY 5,485,950,451.94 in the previous year, indicating a 114.5% increase[48] - The net cash flow from investment activities was CNY 323,922,420.82, recovering from a negative cash flow of CNY -1,171,811,970.54 in the same quarter last year[48] - The company received CNY 10,007,962,763.87 from investment recoveries, a significant increase from CNY 5,342,443,043.18 in the previous year, marking an 87.5% rise[48] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 149,770[6] - The company repurchased 8,122,329 shares, accounting for 0.33% of the total share capital, with a total transaction amount of CNY 65,005,110.61[22] - The maximum transaction price for the repurchased shares was CNY 8.04 per share, while the minimum was CNY 7.93 per share[22] - The company’s major shareholders, Chen Baozhen and Liu Chengyan, terminated the share transfer framework agreement due to failure to reach consensus on key terms[20] Research and Development - Research and development expenses increased to ¥165,279,855.15 in Q3 2019, up from ¥123,114,010.53, highlighting a focus on innovation[34] - Research and development expenses increased significantly to ¥140,554,103.66, up 93.5% from ¥72,611,116.97 in the previous period[38] - Research and development expenses increased to ¥379.60 million, up 30.2% from ¥291.40 million in the same period last year[44] Compliance and Governance - The company reported no violations regarding external guarantees during the reporting period[24] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[24] - The company has not issued any warnings regarding potential significant changes in cumulative net profit compared to the previous year[24] - The report for the third quarter was not audited, which may impact the reliability of the financial data presented[61]