派生科技(300176) - 2019 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was CNY -11,895,489.50, a decline of 348.60% year-on-year[7] - Operating revenue for the period was CNY 318,948,830.52, down 53.44% compared to the same period last year[7] - The company's net profit for Q3 2019 was not explicitly stated, but the decrease in revenue and costs indicates a significant impact on profitability[39] - The net profit for the third quarter was -11,895,489.50 CNY, compared to a net profit of 4,785,045.20 CNY in the previous year, indicating a shift to a loss[41] - The operating profit for the third quarter was -13,420,555.12 CNY, down from a profit of 5,513,099.67 CNY in the same quarter last year[41] - The company reported a total profit of -285,958,557.09 CNY for the year-to-date period, compared to a profit of 527,680,815.17 CNY in the previous year[46] - The net profit for the third quarter of 2019 was -254,150,355.01 CNY, compared to a profit of 387,214,786.18 CNY in the same period last year, indicating a significant decline[47] Revenue and Costs - Total operating revenue for Q3 2019 was CNY 318,948,830.52, a decrease of approximately 53.4% compared to CNY 685,028,263.26 in the same period last year[39] - Total operating costs for Q3 2019 were CNY 337,567,910.82, down from CNY 679,291,070.94, reflecting a reduction of about 50.3% year-over-year[39] - The total operating revenue for the third quarter was 1,159,091,168.37 CNY, a significant decrease from 2,774,015,086.86 CNY in the same period last year, representing a decline of approximately 58%[45] - The total operating costs for the third quarter were 1,179,385,589.51 CNY, down from 2,244,367,925.79 CNY in the same period last year[46] Assets and Liabilities - Total assets decreased by 18.91% to CNY 2,318,243,102.64 compared to the end of the previous year[7] - The company's cash and cash equivalents decreased by 67.11% to approximately CNY 112.67 million due to overdue payments from subsidiary Yuanjian Precision totaling CNY 354 million[16] - Current assets totaled RMB 948 million, down from RMB 1.419 billion at the end of 2018, indicating a reduction of about 33.1%[30] - Total liabilities decreased to CNY 738,929,056.13 from CNY 989,003,465.34, a decline of about 25.3%[36] - Total assets as of September 30, 2019, were CNY 2,004,942,621.49, down from CNY 2,306,918,963.82 at the end of 2018, indicating a reduction of approximately 13.1%[35] - Total liabilities amounted to CNY 1,509,919,085.86, with non-current liabilities at CNY 136,489,445.61[62] Cash Flow - The net cash flow from operating activities was CNY -5,290,767.48, a decrease of 101.87% year-to-date[7] - The cash inflow from investment activities was 80,779,300.22 CNY, compared to 3,230,558.06 CNY in the previous year[53] - The cash inflow from financing activities was 220,026,579.00 CNY, down from 508,623,115.33 CNY in the previous year[53] - The total cash and cash equivalents at the end of Q3 2019 was CNY 40,193,728.20, down from CNY 136,955,410.81 at the end of the previous year, representing a decline of 70.7%[57] - The company’s cash outflow for operating activities was CNY 359,545,145.81, a decrease of 66.6% from CNY 1,075,942,176.40 in the previous year[55] Shareholder Information - The total number of shareholders at the end of the reporting period was 43,645[10] - The largest shareholder, Guangdong Shuo Bo Investment Development Co., Ltd., held 23.55% of the shares, which are currently frozen[10] Research and Development - Research and development expenses decreased by 44.06% to CNY 56.18 million, as the previously consolidated internet financial business was no longer included[17] - The company reported R&D expenses of CNY 18,436,910.25 for Q3 2019, down from CNY 50,869,393.61, a reduction of approximately 63.8% year-over-year[39] - Research and development expenses for the third quarter were 56,181,539.37 CNY, down from 100,432,131.48 CNY in the previous year[46] Impairment and Provisions - The company has fully recognized impairment provisions for investments in subsidiaries involved in the "TuanDai" case, totaling CNY 20 million[19] - The company has recognized impairment losses on investments totaling RMB 20 million due to abnormal operating conditions of certain investees[23] - The company reported a credit impairment loss of -267,501,656.85 CNY for the year-to-date period, compared to -3,488,230.46 CNY in the previous year[46] Financial Management - The company has provided guarantees for its wholly-owned subsidiaries to secure a total credit limit of up to CNY 250 million from banks[19] - The company has provided guarantees for various credit facilities, including a RMB 50 million credit line and a RMB 100 million credit line, to support its subsidiaries[20] - The company is preparing to implement new financial and leasing standards starting in 2019[67]