长荣股份(300195) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was CNY -1,988,526, a decline of 107.93% year-on-year[8]. - Operating revenue for the reporting period was CNY 316,424,718, representing a slight increase of 0.92% compared to the same period last year[8]. - The net cash flow from operating activities was CNY 18,548,832, down 66.01% from the previous year[8]. - The basic earnings per share was CNY 0.00, a decrease of 100% compared to the same period last year[8]. - The weighted average return on net assets was -0.07%, a decline of 111.39% year-on-year[8]. - The company reported a net loss of ¥66,630,405.59 for the period, an improvement from a loss of ¥104,824,034.04 in the previous year[46]. - The net profit for the quarter was a loss of CNY 2,858,852.59, a significant decline from a profit of CNY 31,809,829.63 in the same quarter last year[53]. - The company recorded a total profit of CNY 67,487,686.20 for the quarter, compared to CNY 84,954,219.82 in the same period last year, reflecting a decrease of 20.6%[61]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,252,714,997.31, a decrease of 8.97% compared to the previous year[8]. - Total liabilities were reported at ¥3,390,243,161.62, a slight increase from ¥3,366,078,094.95, reflecting a growth of approximately 0.72%[45]. - The company's total equity decreased to ¥2,862,471,835.69 from ¥3,502,854,472.44, a decline of about 18.36%[46]. - Total current assets amounted to approximately CNY 1,140.63 million as of Q3 2020[79]. - Total non-current assets reached approximately CNY 2,691.83 million as of Q3 2020[79]. - Total liabilities were approximately CNY 1,366.93 million as of Q3 2020[80]. - Total equity stood at approximately CNY 2,465.53 million as of Q3 2020[81]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 22,583[10]. - The largest shareholder, Li Li, holds 25.82% of the shares, with 81,993,000 shares pledged[11]. - Tianjin Mingxuan Investment Co., Ltd. holds 13.09% of the shares, with 47,925,000 shares pledged[11]. Investments and Cash Flow - The company reported non-recurring gains and losses totaling CNY 29,947,711.63 for the reporting period[9]. - Investment income decreased by 41.60% year-to-date compared to the same period last year, mainly due to gains from the disposal of Tiger Color shares in the previous year[18]. - Cash flow from operating activities generated a net amount of ¥97,775,703.36, down 29.2% from ¥138,194,997.83 in the previous period[66]. - Cash flow from investment activities resulted in a net outflow of -¥68,566,514.40, an improvement from -¥290,068,120.76 in the previous period[68]. - Cash inflow from financing activities was ¥650,067,023.43, slightly down from ¥669,174,515.71 in the last period[72]. Operational Changes and Agreements - The company engaged in an asset swap with Mingxuan Investment, exchanging 100% equity of Changrong Luxembourg and 85% equity of Shenzhen Liqun Printing Co., Ltd. for 100% equity of Tianjin Mingxuan Smart City Technology Development Co., Ltd., with a cash adjustment of RMB 52.0288 million[22]. - The company signed a comprehensive property service framework agreement with Tianjin Xiaomifeng Property Co., Ltd., with a total contract amount of approximately RMB 12.404 million[25]. - The company approved a guarantee for its wholly-owned subsidiary Mingxuan Smart City for a loan application of RMB 90 million from Shanghai Pudong Development Bank[28]. Changes in Accounting and Policies - The company changed its accounting policy regarding revenue recognition effective January 1, 2020, and also changed the measurement model for investment properties from cost to fair value[26]. - The company implemented new revenue and lease standards starting in 2020, affecting prior period comparative data[81]. Miscellaneous - There were no violations regarding external guarantees during the reporting period[36]. - The company did not experience any non-operating fund occupation by controlling shareholders or related parties during the reporting period[37]. - The company has not disclosed any performance forecasts for the upcoming reporting period[36].