森远股份(300210) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 58,592,246.03, a decline of 49.79% compared to the same period last year[8] - Net profit attributable to shareholders of the listed company was a loss of CNY 26,760,535.31, representing a decrease of 1,250.04% year-on-year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 27,379,649.29, down 657.71% year-on-year[8] - Basic earnings per share were -CNY 0.05, a decrease of 600.00% compared to the same period last year[8] - The company reported a net profit for the period as a loss of ¥26,930,441.65 compared to a loss of ¥2,669,683.68 in the previous period, indicating a worsening of approximately 908.5%[39] - The net profit for the current period is a loss of ¥59,841,559.18, compared to a profit of ¥24,479,122.30 in the previous period, indicating a significant decline[47] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,159,834,158.62, a decrease of 3.71% compared to the end of the previous year[8] - The company's total liabilities decreased from CNY 1,042,336,448.95 to CNY 1,018,967,548.40, reflecting a decline of about 2.3%[30] - Current liabilities increased to CNY 945,409,718.54 from CNY 918,591,353.03, marking a rise of about 2.7%[30] - Non-current liabilities decreased significantly from CNY 123,745,095.92 to CNY 73,557,829.86, a reduction of approximately 40.5%[30] - Owner's equity decreased from CNY 1,200,604,831.45 to CNY 1,140,866,610.22, a decrease of approximately 5%[31] - Cash and cash equivalents decreased from CNY 171,794,801.92 to CNY 114,465,381.38, a decline of about 33.5%[33] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 18,864,194.68, an increase of 267.97%[8] - Total cash inflow from operating activities was ¥278,151,296.80, while cash outflow was ¥259,287,102.12, resulting in a net cash inflow[55] - The company reported a net cash outflow from investing activities of ¥1,936,328.42, compared to a much larger outflow of ¥30,321,979.85 in the previous year[56] - Cash inflow from financing activities totaled ¥35,566,727.05, while cash outflow was ¥57,902,199.73, leading to a net cash outflow of ¥22,335,472.68[56] Shareholder Information - Net assets attributable to shareholders of the listed company were CNY 1,134,268,640.46, down 4.82% year-on-year[8] - The total number of ordinary shareholders at the end of the reporting period was 16,589[12] Operational Metrics - Accounts receivable decreased by 92.49% to ¥6,400,000 from ¥85,252,000 due to reduced financing activities with non-financial institutions[18] - Prepayments increased by 39.92% to ¥45,591,468.81 from ¥32,584,412.45 primarily due to increased advance payments for raw material procurement[18] - Inventory rose by 10.08% to ¥420,892,380.13 from ¥382,342,850.91 as a result of higher order volumes[18] - Revenue declined by 50.14% to ¥167,037,472.44 from ¥334,995,696.01 mainly due to decreased sales across product lines and construction services[19] - Operating costs decreased by 41.45% to ¥131,385,514.20 from ¥224,387,462.47, reflecting reduced sales activities[19] Research and Development - Research and development expenses increased by 95.52% to ¥18,019,872.45 from ¥9,216,285.87 due to more R&D projects being initiated[19] - Research and development expenses increased significantly to ¥5,571,905.76 from ¥2,002,573.30, marking an increase of approximately 178.5% year-over-year[38] Employee Compensation - The company reported a 406.12% increase in employee compensation payable to ¥2,846,510.90 from ¥562,423.51 due to delayed salary payments[18]