长盈精密(300115) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥2,226,036,653.29, a decrease of 7.05% year-on-year[8] - Net profit attributable to shareholders was ¥68,285,639.04, down 20.29% compared to the same period last year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥60,726,937.44, a decrease of 22.06% year-on-year[8] - Basic earnings per share for the reporting period was ¥0.0751, a decrease of 20.28% compared to the same period last year[8] - Total operating revenue for the current period is CNY 2,226,036,653.29, a decrease of 7.03% from CNY 2,394,862,584.68 in the previous period[53] - Total operating costs for the current period are CNY 2,126,586,023.47, down 7.68% from CNY 2,303,222,356.30 in the previous period[53] - Net profit for the current period is CNY 82,772,189.22, a decrease of 3.4% compared to CNY 85,496,465.02 in the previous period[56] - Earnings per share (EPS) for the current period is CNY 0.0751, down from CNY 0.0942 in the previous period[60] - The total profit for the current period is ¥41,494,239.81, down 21.16% from ¥52,775,060.75 in the previous period[61] - The company’s total comprehensive income for the current period is ¥38,622,315.26, down from ¥54,631,687.53 in the previous period[65] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥379,458,136.31, down 58.30% year-on-year[8] - Net cash flow from operating activities decreased by CNY 530.59 million, a decline of 58.30%, due to a decrease in cash received from sales compared to the previous year[22] - The net cash inflow from operating activities was ¥6,834,803,303.10, down from ¥7,137,451,480.11 in the previous period, indicating a decline of approximately 4.3%[80] - The net cash flow from operating activities was 379,458,136.31, a decrease of 58.3% compared to 910,052,562.17 in the previous period[83] - The total cash outflow from investing activities was 456,389,761.30, down from 687,094,886.97, resulting in a net cash flow from investing activities of -451,347,144.92[83] - The net cash flow from financing activities was -471,637,073.76, compared to -335,054,977.11 in the previous period, indicating increased cash outflows[86] Assets and Liabilities - Total assets at the end of the reporting period reached ¥9,868,539,648.62, an increase of 0.58% compared to the end of the previous year[8] - Current liabilities totaled ¥4,866,117,677.01, slightly up from ¥4,857,443,970.80, indicating a marginal increase of about 0.05%[39] - The total liabilities amounted to ¥5,265,293,401.34, a slight increase from ¥5,254,532,171.54, indicating a growth of about 0.21%[39] - Total assets increased to ¥9,868,539,648.62 from ¥9,811,481,669.66, reflecting a growth of approximately 0.58%[41] - Total liabilities increased to CNY 3,184,371,493.80 from CNY 2,550,519,641.58, reflecting a growth of 24.8%[53] - Total equity increased to CNY 3,542,365,891.73 from CNY 3,457,082,908.11, representing a growth of 2.47%[53] - The total owner's equity increased to ¥4,603,246,247.28 from ¥4,556,949,498.12, reflecting a growth of approximately 1.01%[42] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 43,244[12] - The largest shareholder, Xinjiang Changying Yufu Equity Investment Co., Ltd., held 40.68% of the shares[12] Changes in Assets - Accounts receivable increased by CNY 39.98 million, a growth of 74.69% compared to the beginning of the year, mainly due to an increase in received bills[22] - Prepayments increased by CNY 26.52 million, a growth of 79.62%, primarily due to an increase in advance payments for materials[22] - Other non-current assets increased by CNY 5 million, attributed to equity obtained from capital increase not yet completed in industrial and commercial changes[22] - Inventory increased significantly to ¥1,062,788,190.21 from ¥671,924,537.51, marking an increase of approximately 58.06%[43] - Deferred tax assets increased to ¥41,289,829.59 from ¥39,326,829.59, an increase of ¥1,963,000.00[97] Expenses - Research and development expenses for the current period are CNY 188,376,722.03, slightly up from CNY 184,573,438.69 in the previous period[56] - Research and development expenses for the current period are ¥50,181,004.47, compared to ¥49,045,386.10 in the previous period, indicating a slight increase[61] - The company reported a financial expense of CNY 4,510,687.65, down from CNY 9,240,001.68 in the previous period[56] - The financial expenses for the current period are ¥2,720,329.37, significantly reduced from ¥17,092,110.95 in the previous period[61] Investment Performance - The company reported an investment loss of ¥895,793.45 for the current period, worsening from a loss of ¥512,116.17 in the previous period[61] - The company reported a net loss from investments of ¥2,275,625.35, compared to a loss of ¥1,809,781.52 in the previous period, reflecting a worsening of about 25.7%[76] Other Financial Metrics - The company received government subsidies amounting to ¥48,365,849.56 during the reporting period[8] - The company has not conducted an audit for the third quarter report[112] - The financial asset classification has been updated to include three categories based on business model and cash flow characteristics[111] - The company has shifted to an expected loss model for impairment provisions to better manage credit risk[111]