中青宝(300052) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 68,980,431.19, an increase of 3.71% year-on-year, while year-to-date revenue decreased by 19.12% to CNY 200,253,784.95[7] - Net profit attributable to shareholders was a loss of CNY 7,227,441.66, a decline of 117.23% compared to the same period last year, with year-to-date net profit down 97.62% to CNY 1,633,993.13[7] - Basic and diluted earnings per share were both CNY -0.03, a decrease of 118.75% compared to the same period last year[7] - The net profit for the third quarter was a loss of CNY 5,852,908.21, compared to a net profit of CNY 41,439,225.24 in the previous year, marking a significant decline[39] - The company reported a total comprehensive income of CNY 2,061,841.62 for Q3 2020, compared to CNY 65,817,953.34 in the same quarter last year[47] - The total comprehensive income for the third quarter was a loss of CNY 4,981,313.74, compared to a comprehensive income of CNY 39,827,852.26 in the same period last year[40] Cash Flow - The net cash flow from operating activities was a negative CNY 7,048,935.49, representing an increase in outflow of 85.09% year-on-year[7] - Net cash flow from operating activities decreased by 165.31% year-on-year, mainly due to the payment of agency business costs and software and bandwidth fees[19] - The net cash flow from operating activities was -15,603,787.69 CNY, compared to 23,892,823.61 CNY in the previous period, indicating a significant decline[53] - 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[53] - Cash flow from investment activities showed a net inflow of 83,488,360.47 CNY, a recovery from a net outflow of -161,962,331.01 CNY in the previous period[54] - Cash inflow from financing activities was 129,000,000.00 CNY, while cash outflow totaled 317,621,520.50 CNY, leading to a net cash outflow of -188,621,520.50 CNY[54] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,160,265,574.07, a decrease of 19.33% compared to the end of the previous year[7] - Total liabilities decreased to CNY 313,600,651.37 from CNY 596,304,082.67 year-over-year[31] - Owner's equity increased to CNY 846,664,922.70 from CNY 842,045,067.76[32] - 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[19] - Current liabilities decreased significantly to CNY 262,187,862.15 from CNY 551,360,474.96[31] - Total current liabilities decreased by CNY 7,195,026.32 due to changes in contract liabilities[61] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 47,529[11] - The largest shareholder, Baode Technology Group Co., Ltd., held 12.44% of shares, totaling 32,763,400 shares[11] Government Support - The company received government subsidies amounting to CNY 6,632,680.54 during the reporting period[8] Investment and Income - Investment income decreased by 73.29% year-on-year, due to the recognition of dividends from investment companies and income from joint ventures[19] - Long-term equity investments amounted to CNY 50,609,911.87, up from CNY 45,978,483.29 year-over-year[30] - The company recorded investment income of CNY 2,144,588.81, a decrease from CNY 41,809,634.60 year-over-year[38] Operating Costs and Expenses - Operating costs increased by 0.67% year-on-year, driven by higher maintenance costs for data centers and bandwidth services, while game business costs decreased[19] - Research and development expenses increased to CNY 9,331,888.27 from CNY 7,801,667.57, reflecting a growth of approximately 19.6% year-over-year[38] - Sales expenses rose to CNY 17,621,878.12 from CNY 13,332,745.38, indicating an increase of approximately 32.3%[38] Other Financial Metrics - The weighted average return on net assets was -0.87%, down 5.92% year-on-year[7] - The company reported a net profit of CNY 174,121,676.87 in retained earnings, down from CNY 178,939,268.17[32] - The company incurred a credit impairment loss of CNY -3,063,675.09 in Q3 2020, contrasting with a gain of CNY 560,438.12 in Q3 2019[46]