荣科科技(300290) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the current period was CNY 165,809,329.03, representing a 12.13% increase year-over-year[7] - Net profit attributable to shareholders was CNY 2,580,381.03, up 4.29% from the same period last year[7] - Net profit attributable to shareholders after deducting non-recurring gains and losses surged by 259.78% to CNY 2,319,363.36[7] - The total operating revenue for Q3 2019 was CNY 84,931,238.21, an increase from CNY 79,413,136.10 in the previous year, representing a growth of approximately 6.3%[43] - The net profit for Q3 2019 was CNY 2,880,655.65, compared to CNY 2,390,494.17 in the same period last year, indicating an increase of about 20.5%[42] - The total comprehensive income for Q3 2019 was CNY 3,182,702.32, compared to CNY 2,805,784.02 in the same period last year, showing an increase of about 13.4%[42] - The total profit for Q3 2019 was CNY 3,420,690.00, compared to CNY 2,781,256.52 in the same period last year, indicating an increase of about 23.1%[41] Assets and Liabilities - Total assets increased by 1.38% to CNY 1,489,618,908.87 compared to the end of the previous year[7] - Total equity increased by 63.56% to ¥553,756,711 due to a private placement and capital reserve conversion[18] - Total assets as of September 30, 2019, amounted to ¥1,489,618,908.87, a slight increase from ¥1,469,367,398.18 at the end of 2018[30] - Total liabilities decreased to ¥333,853,222.02 from ¥464,594,453.90, indicating improved financial health[37] - The company’s total liabilities reached 496,598,874.06, remaining consistent with previous periods, suggesting stable liability management[60] Shareholder Information - Net assets attributable to shareholders increased by 20.02% to CNY 1,067,859,353.89 compared to the end of the previous year[7] - The total number of ordinary shareholders at the end of the reporting period was 18,206[10] - The largest shareholder, Liaoning Guoke Industrial Co., Ltd., held 26.60% of the shares, amounting to 147,279,042 shares[10] Cash Flow - Cash flow from operating activities showed a negative net amount of CNY -122,686,737.84, a decline of 357.08% compared to the previous year[7] - Operating cash outflow increased by 33.08% to ¥597,817,026.78 from ¥449,219,172.31 due to higher cash payments for goods and services[19] - Cash inflow from financing activities totaled ¥246,602,435.57, significantly higher than ¥53,020,638.95 in the previous year[52] - The net cash flow from operating activities was -96,674,294.98, a significant decline compared to -9,278,401.82 from the previous period, indicating a worsening operational cash flow situation[54] Expenses - Sales expenses rose by 47.62% to ¥49,317,765.14, mainly due to increased market expansion efforts[18] - Financial expenses increased by 43.51% to ¥5,716,084.13, resulting from higher interest expenses due to increased borrowings[18] - Research and development expenses for Q3 2019 were CNY 4,006,532.64, down from CNY 9,160,933.38 in the previous year, indicating a decrease of about 56.3%[43] Investment Activities - Investment cash inflow surged by 206.93% to ¥124,516,127.94 from ¥40,568,532.47, primarily due to increased cash received from investment recoveries[19] - Investment cash outflow rose significantly by 569.19% to ¥285,872,674.62 from ¥42,719,347.19, attributed to increased cash payments for investments[20] - The company reported a total cash outflow from investing activities of 229,108,927.43, compared to 74,975,901.15 in the previous period, indicating increased investment expenditures[56] Other Financial Metrics - Basic earnings per share decreased by 35.62% to CNY 0.0047[7] - The weighted average return on net assets was 0.24%, a decrease of 0.04 percentage points[7] - The company reported a credit impairment loss of CNY -8,647,782.14 for Q3 2019, compared to a loss of CNY -4,709,517.70 in the previous year[41] - The company executed a reclassification of financial assets, moving ¥55,650,000.00 from available-for-sale financial assets to other equity instruments[67]