捷成股份(300182) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was CNY 76,671,506.27, down 15.65% year-on-year[8]. - Operating revenue for the period was CNY 641,362,285.31, a decline of 32.01% compared to the same period last year[8]. - Basic earnings per share were CNY 0.0300, down 15.73% compared to the same period last year[8]. - The net profit after deducting non-recurring gains and losses was CNY 61,034,585.87, down 29.45% year-on-year[8]. - The company reported a net profit increase, with undistributed profits rising to ¥500,780,114.04 from ¥296,206,748.47, an increase of 69%[56]. - The net profit for the current period is ¥203,816,252.06, compared to ¥304,880,880.31 in the previous period, indicating a decline of 33.1%[84]. - The net profit attributable to the parent company was ¥204,133,888.09, down from ¥308,609,515.28, reflecting a decrease of 33.8% year-over-year[88]. Cash Flow - The net cash flow from operating activities was CNY 149,449,898.15, a significant decrease of 77.21% year-on-year[8]. - The net cash flow from operating activities decreased by 21.69% to CNY 943,857,843.59 from CNY 1,205,302,102.72, primarily due to reduced operating receipts amid the pandemic[26]. - The net cash flow from operating activities was ¥943,857,843.59, down from ¥1,205,302,102.72, a decline of 21.7% year-over-year[98]. - Cash inflow from operating activities totaled ¥1,666,752,544.84, down from ¥2,549,236,603.40, a decrease of 34.6%[98]. - The net cash flow from financing activities was 38,719,645.25, a significant improvement from the previous period's negative cash flow of -261,393,312.70[108]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 12,407,655,427.92, a decrease of 2.56% compared to the end of the previous year[8]. - Total current assets amounted to ¥5,972,769,157.41, a decrease of 1.18% from ¥6,044,465,389.48 on December 31, 2019[47]. - Total liabilities decreased to ¥4,571,323,536.58, down 13.7% from ¥5,300,561,320.76[53]. - The company's equity attributable to shareholders increased to ¥7,831,414,761.12 from ¥7,428,122,978.10, a rise of 5.4%[56]. - The total assets increased to CNY 11,758,182,588.77 from CNY 11,323,050,708.39, representing a growth of about 4%[63]. - Total liabilities rose to CNY 3,914,667,228.47, up from CNY 3,431,792,429.67, marking an increase of approximately 14%[63]. Shareholder Information - The company reported a total of 47,788 common shareholders at the end of the reporting period[12]. - Major shareholder Xu Ziqian held 19.67% of the shares, totaling 506,562,300 shares[12]. Research and Development - Development expenses decreased by 74.89% to CNY 9,789,287.76 from CNY 38,979,593.97, mainly due to reduced R&D investment impacted by the pandemic[23]. - Research and development expenses for the quarter were CNY 9,927,071.78, down from CNY 11,098,617.89, suggesting a potential shift in R&D strategy[66]. - Research and development expenses for the current period are ¥31,451,900.36, a decrease of 26.2% from ¥42,596,107.05 in the previous period[81]. Strategic Initiatives - The company focused on copyright operations and content distribution, emphasizing its core business and solidifying its leading position in new media copyright[27]. - The company signed a three-year cooperation agreement with China Mobile for a guaranteed revenue-sharing model, enhancing profitability through content operations[30]. - A private placement of A-shares was approved to raise up to RMB 200 million for copyright operations and media projects[31]. - The company is collaborating with Huawei to leverage 5G opportunities for content operations, aiming for broader market expansion[30]. Financial Challenges - The company recorded an investment loss of CNY 8,691,582.09, compared to a gain of CNY 2,463,828.93 in the previous period, highlighting challenges in investment performance[66]. - The investment loss for the current period is -¥26,704,858.40, a significant decline from a gain of ¥24,097,656.12 in the previous period[84]. - The company reported a net loss of ¥47,680,245.21 for the period, compared to a loss of ¥33,380,389.96 in the same quarter last year[92]. Compliance and Governance - The company has not reported any violations regarding external guarantees or non-operational fund occupation during the reporting period[38][39]. - The company has not undergone an audit for the Q3 report[126].