*ST三盛(300282) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the period was CNY 110,173,962.39, a decline of 27.27% year-over-year[7] - Net profit attributable to shareholders was a loss of CNY 46,306,054.34, representing a decrease of 380.96% compared to the same period last year[7] - Basic earnings per share were -CNY 0.1237, down 381.14% from the previous year[7] - The company's revenue for the year-to-date period decreased by 52.40% compared to the same period last year, primarily due to a reduction in orders caused by the pandemic[20] - The company's net profit attributable to shareholders for the first nine months of 2020 was -56.81 million, reflecting a significant decline in performance[25] - The net loss for Q3 2020 was ¥46,336,234.73, compared to a net profit of ¥18,172,142.64 in Q3 2019, representing a significant decline[44] - Net profit for the period was a loss of ¥54,910,299.32 compared to a profit of ¥72,715,059.13 in the previous period, indicating a significant decline[52] - Operating profit turned negative at -¥65,520,886.18 compared to a profit of ¥68,405,613.12 in the prior year[51] Assets and Liabilities - Total assets decreased by 9.34% to CNY 2,671,318,809.42 compared to the end of the previous year[7] - Total liabilities decreased to CNY 204,062,316.42 from CNY 419,893,033.74, a significant reduction of approximately 51.4%[35] - Current assets totaled CNY 1,515,612,855.78, down from CNY 1,743,182,968.46, indicating a decrease of about 13.1%[33] - Cash and cash equivalents decreased to CNY 1,099,074,000.06 from CNY 1,295,738,823.86, a reduction of approximately 15.2%[33] - Accounts receivable increased by 195.08% compared to the beginning of the year, mainly due to a higher volume of received bills during the reporting period[19] - Inventory increased by 63.67% compared to the beginning of the year, attributed to increased stockpiling during the reporting period[19] - Total operating costs for Q3 2020 were ¥117,606,365.35, down 14.4% from ¥137,369,128.84 in Q3 2019[43] - The company's total liabilities decreased from ¥295,042,815.60 in the previous period to ¥168,200,626.20 in the current period, a reduction of 43%[43] Cash Flow - The net cash flow from operating activities increased by 24.66% to CNY 31,354,255.24 year-to-date[7] - The cash inflow from operating activities for the current period was CNY 363,591,060.58, a decrease of 33.8% compared to CNY 549,619,052.10 in the previous period[56] - The cash inflow from investment activities was CNY 39,616,537.00, down 91.5% from CNY 467,195,364.22 in the previous period[58] - The net cash flow from investment activities was -CNY 11,157,752.76, compared to CNY 351,884,379.40 in the previous period, indicating a significant decline[58] - The cash inflow from financing activities totaled CNY 19,733,066.00, a decrease of 93.6% from CNY 310,626,580.56 in the previous period[58] - The net cash flow from financing activities was -CNY 213,485,738.30, compared to CNY 55,012,354.51 in the previous period, reflecting a substantial drop[58] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,632[11] - The largest shareholder, Fujian Zhuofeng Investment Partnership, held 27.06% of the shares, totaling 101,800,318 shares[11] - The company did not conduct any repurchase transactions among the top ten shareholders during the reporting period[12] Research and Development - Research and development expenses increased by 47.42% year-on-year, indicating a focus on innovation despite financial challenges[20] - Research and development expenses increased to ¥6,752,565.52, up 33.9% from ¥5,036,431.54 in Q3 2019[43] - Research and development expenses increased to ¥19,962,415.26 from ¥13,540,956.90, reflecting a growth of approximately 47.7% year-over-year[51] Government Support - The company received government subsidies of CNY 3,812,893.38 related to technology projects during the reporting period[8] Impairment and Goodwill - The company expects to recognize impairment losses on goodwill, which may adversely affect future performance, with goodwill balance at 599.96 million as of September 30, 2020[25] - The company maintained goodwill at CNY 717,169,099.70, unchanged from the previous period[34] Financial Reporting - The third quarter report was not audited, indicating a potential area for further scrutiny in financial reporting[74]