中科电气(300035) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 275,617,022.77, an increase of 24.75% year-on-year [9]. - Net profit attributable to shareholders was CNY 52,674,287.76, representing a year-on-year increase of 34.95% [9]. - Basic earnings per share for the reporting period were CNY 0.0840, an increase of 15.38% year-on-year [9]. - The company reported a net profit attributable to shareholders after deducting non-recurring gains and losses of CNY 48,977,386.88, up 28.09% year-on-year [9]. - Operating profit for the period was ¥59,678,199.44, up 33.7% from ¥44,656,982.10 in Q3 2019 [69]. - Net profit attributable to shareholders was ¥52,674,287.76, representing a 35.1% increase from ¥39,032,695.33 in the previous year [69]. - The net profit for the current period is 112,483,658.91, compared to 122,018,630.50 in the previous period, reflecting a decrease of approximately 7.5% [87]. - The total profit for the current period is 126,381,126.77, compared to 139,867,297.23 in the previous period, indicating a decline of about 9.7% [84]. Cash Flow - Net cash flow from operating activities was CNY 35,774,519.45, a significant increase of 493.20% compared to the same period last year [9]. - Operating cash flow net amount increased by 950.21% to CNY 113,036,345.82 from CNY -13,295,066.68, mainly due to reduced cash payments for goods and services [31]. - Cash flow from operating activities was ¥113,036,345.82, a significant improvement from a negative cash flow of -¥13,295,066.68 in the previous period [101]. - Net cash flow from operating activities was ¥46,540,716.31, down 41% from ¥78,344,584.43 year-on-year [105]. - Cash inflow from investment activities was ¥18,455,898.11, significantly lower than ¥98,591,178.16 in the previous period, marking an 81% decrease [108]. - Cash outflow from investment activities totaled ¥63,603,868.69, down 76% from ¥260,574,489.31 in the previous period [108]. - Cash paid to employees was ¥33,087,556.98, a decrease of 8% from ¥36,020,478.82 in the previous period [105]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,627,545,659.74, a decrease of 5.02% compared to the end of the previous year [9]. - Cash and cash equivalents decreased by 38.06% to CNY 204,849,069.95 from CNY 330,726,981.24 due to a reduction in bank deposits [31]. - Total non-current assets rose to CNY 1,250,341,045.86 from CNY 1,190,793,807.37, reflecting an increase of about 5% [48]. - Total liabilities decreased to CNY 596,841,011.01 from CNY 836,782,792.57, a significant decline of approximately 28.7% [51]. - The company’s total liabilities increased significantly, with current non-current liabilities due within one year rising by 792.50% to CNY 89,249,999.97 from CNY 10,000,000.00 [31]. - Current liabilities decreased to CNY 552,978,796.31 from CNY 655,083,257.05, a reduction of about 15.6% [51]. - The company reported a total asset value of ¥2,766,371,478.96, unchanged from the previous reporting period [115]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 34,661 [13]. - The largest shareholder, Yu Xin, held 12.55% of the shares, totaling 80,613,000 shares [13]. - The company distributed cash dividends of RMB 0.60 per 10 shares, totaling RMB 38,517,169.44, executed by June 30, 2020 [38]. - The company’s total equity attributable to shareholders reached ¥1,929,551,156.24, while total equity was ¥1,929,588,686.39 [118]. Government and Regulatory Matters - The company received government subsidies amounting to CNY 8,119,822.77 during the reporting period [11]. - The company did not have any overdue commitments from actual controllers, shareholders, or related parties during the reporting period [36]. - There were no violations regarding external guarantees during the reporting period [39]. - The company adopted new revenue and lease standards starting January 1, 2020, impacting the reporting of contract liabilities [128]. Research and Development - Research and development expenses for the quarter were ¥15,630,702.48, compared to ¥14,597,328.71 in Q3 2019, indicating a 7.1% increase [67]. - Research and development expenses increased to ¥16,304,528.95, up 15.4% from ¥14,126,834.41 in the previous period [92]. - Research and development expenses for the current period amount to 45,356,846.80, an increase from 36,829,521.24 in the previous period, representing a growth of approximately 23.3% [84].