中青宝(300052) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue increased by 68.24% to ¥111,895,897.90 for the current period, and by 185.88% to ¥707,774,357.30 year-to-date[8] - Net profit attributable to shareholders was a loss of ¥7,227,441.66, a decrease of 117.23% compared to the same period last year[8] - Basic earnings per share were -¥0.03, a decrease of 118.75% compared to the same period last year[8] - The weighted average return on net assets was -0.87%, down 5.92% from the previous year[8] - Total operating revenue for Q3 2020 reached CNY 111,895,897.90, a significant increase from CNY 66,510,820.92 in the previous period[37] - The net profit for the third quarter was a loss of CNY 5,852,908.21, contrasting with a profit of CNY 41,439,225.24 in the same period last year[40] - The total comprehensive income for the third quarter was a loss of CNY 4,981,313.74, compared to a profit of CNY 39,827,852.26 in the previous year[40] - The total operating profit for the third quarter was a loss of CNY 4,424,686.34, compared to a profit of CNY 42,356,185.29 in the same period last year[40] - The company reported a total profit of CNY 6,904,920.39 for Q3 2020, compared to CNY 67,109,309.35 in the same period last year, reflecting a decrease of approximately 90%[47] Cash Flow - Net cash flow from operating activities was a negative ¥7,048,935.49, down 85.09% from the previous period[8] - The net cash flow from operating activities was -15,603,787.69 CNY, compared to 23,892,823.61 CNY in the previous year, indicating a significant decline[54] - Total cash inflow from operating activities was 796,655,882.94 CNY, while cash outflow was 812,259,670.63 CNY, resulting in a net cash outflow of 15,603,787.69 CNY[54] - The company experienced a decrease in cash flow from financing activities, with a net cash flow of -3,384,441.43 CNY compared to 50,803,850.34 CNY in the previous year[58] - The cash flow from investment activities showed a recovery, with a net inflow of 83,488,360.47 CNY compared to a net outflow of -161,962,331.01 CNY in the previous year[55] Assets and Liabilities - Total assets decreased by 19.33% to ¥1,160,265,574.07 compared to the end of the previous year[8] - Cash and cash equivalents decreased by 82.09% compared to the beginning of the year, primarily due to repayment of working capital loans and payments for equity acquisitions and project costs[20] - Total liabilities decreased to CNY 554,936,117.80 from CNY 497,144,438.39 in the previous year[35] - Total assets as of September 30, 2020, were CNY 1,482,674,061.56, an increase from CNY 1,328,432,085.24 at the end of 2019[34] - Total liabilities reached CNY 596,304,082.67, with current liabilities at CNY 551,360,474.96 and non-current liabilities at CNY 44,943,607.71[63] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 47,529[12] - The largest shareholder, Baode Technology Group, held 12.44% of the shares, totaling 32,763,400 shares[12] - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[13] Operating Costs and Expenses - Operating costs surged by 468.73% year-on-year, reflecting the increased costs associated with the advertising agency business[20] - The total operating costs amounted to CNY 119,912,424.38, compared to CNY 67,062,984.24 in the same period last year[38] - The company incurred a tax expense of CNY 3,141,603.32 for the third quarter, compared to CNY 1,136,693.13 in the previous period[40] - The company reported a significant increase in research and development expenses, totaling CNY 5,404,240.08 for the period, compared to CNY 12,694,376.55 in the previous year[49] Government Subsidies - The company received government subsidies amounting to ¥6,632,680.54 during the year-to-date period[9] Other Financial Metrics - Other receivables rose by 60.13% year-to-date, mainly due to an increase in business loans during the reporting period[20] - Long-term prepaid expenses increased by 111.70% year-to-date, primarily due to the capitalization of custom fees for new game launches[20] - The company reported an investment income of CNY 99,975,818.74, compared to a loss of CNY 192,898.85 in the previous period[42] - The company experienced a credit impairment loss of CNY -3,063,675.09 in Q3 2020, contrasting with a gain of CNY 560,438.12 in the previous year[47]