维尔利(300190) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period reached CNY 629,708,224.91, a 50.76% increase year-on-year[7] - Net profit attributable to shareholders increased by 41.00% to CNY 71,010,526.73 for the reporting period[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses rose by 40.72% to CNY 67,857,816.62[7] - Basic earnings per share increased by 40.90% to CNY 0.0906[7] - Revenue for the year-to-date reached CNY 1,751,800,251.12, a 33.42% increase compared to the same period last year[20] - Net profit attributable to the parent company was CNY 227,696,001.70, reflecting a 38.09% increase year-over-year[22] - The total operating revenue for Q3 2019 was CNY 629,708,224.91, an increase of 50.7% compared to CNY 417,677,191.34 in the same period last year[42] - The net profit attributable to the parent company was CNY 71,010,526.73, up 40.9% from CNY 50,361,366.91 in Q3 2018[43] - The company's total revenue for the year-to-date period was ¥1,751,800,251.12, an increase of 33.5% from ¥1,313,022,100.69 in the previous year[49] Asset Management - Total assets increased by 6.87% to CNY 7,708,180,688.09 compared to the end of the previous year[7] - As of the end of the reporting period, accounts receivable increased by 134.24% to CNY 291,921,275.48 due to increased prepayments for construction projects[19] - Inventory increased by 31.55% to CNY 1,552,052,909.75, attributed to a rise in completed but unbilled assets from new engineering projects[19] - Total current assets as of September 30, 2019, amounted to ¥4,187,915,871.14, up from ¥3,808,884,966.86 at the end of 2018[33] - Total assets increased to ¥7,708,180,688.09 as of September 30, 2019, compared to ¥7,212,673,349.94 at the end of 2018[33] - Non-current assets totaled ¥3,520,264,816.95 as of September 30, 2019, compared to ¥3,403,788,383.08 at the end of 2018[33] - The company's total liabilities increased to CNY 2,334,982,577.81 from CNY 2,176,632,014.42, representing a rise of 7.3%[39] - The company's total current liabilities included accounts payable of CNY 956,114,036.32 and tax payable of CNY 244,606,409.12[68] Cash Flow and Financing - The net cash flow from operating activities for the year-to-date was CNY -169,992,817.64, a decrease of 64.28%[7] - Cash received from sales increased by 70.78% to CNY 1,544,700,025.08, driven by improved collection efforts[22] - Cash paid for purchasing goods and services rose by 89.93% to CNY 1,334,389,448.18, driven by increased payments for new projects[22] - Cash received from borrowings increased by 111.24% year-on-year, reaching ¥962,088,275.84, primarily due to loan rollovers and an increase in bank loan balances[23] - Cash received from other financing activities surged by 1011.07% year-on-year to ¥59,650,353.49, mainly from increased returned bank deposits[23] - The company reported a total cash inflow from financing activities of 1,023,948,629.33 CNY, up from 460,818,750.00 CNY in the previous year, showing increased borrowing activity[60] - The net cash flow from financing activities improved to 180,681,842.63 CNY from -232,583,488.94 CNY, suggesting better management of financing sources[60] Shareholder Information - The company had a total of 22,547 common shareholders at the end of the reporting period[11] - The largest shareholder, Changzhou Dezhe Industrial Investment Co., Ltd., held 41.53% of the shares[11] - The company reported no significant changes in the status of its major shareholders during the reporting period[12] Expenses and Costs - Management expenses increased by 43.64% to CNY 135,664,576.81, mainly due to a rise in personnel costs[20] - Cash paid to employees increased by 38.92% year-on-year, totaling ¥205,413,903.31 due to an increase in workforce[23] - Cash paid for other operating activities rose by 53.39% year-on-year, amounting to ¥228,339,061.20, attributed to increased office and travel expenses as well as higher deposits due to increased orders[23] - The company's total operating costs for the year-to-date period amounted to ¥1,499,974,020.22, an increase of 31.7% from ¥1,138,957,361.64[49] - The company's financial expenses increased to ¥30,230,409.82 from ¥25,971,899.77, reflecting an increase of approximately 16.5%[55] Research and Development - Research and development expenses decreased to CNY 10,382,751.23 from CNY 14,751,089.72, a decline of 29.5% year-over-year[42] - Research and development expenses for Q3 2019 were ¥8,533,204.48, up 47.5% from ¥5,792,401.15 in the previous year[46] - Research and development expenses rose to ¥23,940,978.65, up from ¥18,046,242.33, indicating a year-over-year increase of about 32.5%[55]