长荣股份(300195) - 2019 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 52.86% year-on-year, amounting to ¥14,096,190.43 for the reporting period[8]. - Operating revenue for the reporting period was ¥285,372,175.61, down 4.65% compared to the same period last year[8]. - Basic earnings per share decreased by 57.14% to ¥0.03 for the reporting period[8]. - The weighted average return on net assets was 0.39%, a decrease of 0.39% compared to the previous year[8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥16,493,430.30, down 35.85% year-on-year[8]. - The company reported a net profit of CNY 47,190,474.04 for the quarter, a significant increase from CNY 3,836,110.38 in the same period last year[46]. - The net profit for Q3 2019 was CNY 20,830,974.04, down from CNY 30,841,789.52 in Q3 2018, indicating a decline of about 32.5%[48]. - The total profit for Q3 2019 was CNY 24,232,736.59, compared to CNY 36,625,904.73 in the previous year, reflecting a decrease of approximately 33.9%[48]. - The company reported a net profit of CNY 155,634,676.21 for the year-to-date period, a significant increase from CNY 2,208,747.31 in the same period last year[52]. - The net profit for Q3 2019 was CNY 59,298,721.69, down 50.05% from CNY 118,826,356.89 in Q3 2018[55]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥6,085,163,450.21, an increase of 2.97% compared to the end of the previous year[8]. - Cash and cash equivalents decreased by 39.45% compared to the beginning of the year, primarily due to investments in green intelligent printing and packaging materials projects and the maturity of notes payable[16]. - Non-current assets due within one year increased by 40.04% compared to the beginning of the year, mainly due to an increase in long-term receivables[16]. - Long-term equity investments increased by 118.45% compared to the beginning of the year, primarily due to the investment in 8.46% equity of Heidelberg[16]. - Total assets amounted to CNY 5,909,669,301.80, with current assets at CNY 2,965,790,794.00 and non-current assets at CNY 2,943,878,507.80[71]. - Total liabilities reached CNY 2,080,766,409.11, with current liabilities at CNY 1,670,306,795.15 and non-current liabilities at CNY 410,459,613.96[73]. - Owner's equity totaled CNY 3,828,902,892.69, with a capital reserve of CNY 2,834,136,929.49 and undistributed profits of CNY 355,621,185.42[73]. - The company has ongoing projects in construction with fixed assets amounting to CNY 601,623,041.60 and construction in progress at CNY 310,266,602.71[71]. Cash Flow - The net cash flow from operating activities for the year-to-date reached ¥79,556,777.49, a significant increase of 661.45%[8]. - Cash received from other operating activities was ¥352,792,207.44, compared to ¥93,152,724.64 in the previous year, marking an increase of approximately 278%[63]. - The total cash outflow from operating activities was ¥1,500,234,900.59, compared to ¥1,421,039,620.75 in Q3 2018, indicating an increase of about 6%[63]. - The cash flow from operating activities was CNY 1,226,999,470.64 in the current period, compared to CNY 1,337,264,570.38 in the previous period[62]. - The total cash and cash equivalents at the end of Q3 2019 were ¥472,738,525.50, down from ¥669,795,630.28 at the end of Q3 2018, reflecting a decrease of about 29%[64]. Shareholder Information - The company reported a total of 22,844 common shareholders at the end of the reporting period[12]. - The largest shareholder, Li Li, holds 25.22% of the shares, with 81,993,000 shares pledged[12]. - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[13]. Financial Expenses and Income - Financial expenses increased by 115.17% year-on-year, mainly due to reduced interest income from idle funds and increased interest expenses from bank loans[17]. - Other income increased by 191.83% year-on-year, primarily due to an increase in government subsidies[17]. - The investment income for Q3 2019 was CNY 174,160,324.45, a substantial recovery from a loss of CNY 671,844.95 in Q3 2018[50]. - The company incurred financial expenses of CNY 35,913,517.98 in Q3 2019, significantly higher than CNY 4,608,008.08 in the same period last year[59]. Research and Development - Research and development expenses for the quarter were CNY 21,438,210.01, down from CNY 24,551,153.39 in the previous year[46]. - The company's R&D expenses for Q3 2019 were CNY 11,545,089.56, down from CNY 16,896,695.30 in Q3 2018, indicating a reduction of approximately 31.5%[50]. - Research and development expenses for Q3 2019 were CNY 31,413,832.96, a decrease of 11.96% from CNY 35,557,714.03 in the same period last year[59].