远方信息(300306) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 35.80% to CNY 34,841,365.24 year-on-year[7] - The company reported a net profit of CNY 19,760,493.62 after deducting non-recurring gains and losses, a decrease of 15.37% year-on-year[7] - Net profit attributable to the parent company decreased by 47.86% year-on-year, mainly due to the impact of performance compensation related to the subsidiary Weir Technology[15] - Net profit for Q3 2020 was CNY 34,926,981.95, down from CNY 54,452,455.60 in the previous year[39] - The net profit for the current period is CNY 30,261,838.23, down from CNY 40,964,484.00 in the previous period, representing a decrease of about 26.3%[43] - The total comprehensive income for the current period is CNY 35,760,285.43, compared to CNY 47,006,904.90 in the previous period, a decrease of approximately 23.9%[43] - The total comprehensive income for Q3 2020 was CNY 72,920,682.13, down from CNY 126,923,698.48 in Q3 2019, a decrease of around 42.5%[51] Revenue and Costs - Operating revenue for the period was CNY 104,596,136.14, reflecting a growth of 6.24% compared to the same period last year[7] - Total operating revenue for Q3 2020 was CNY 104,596,136.14, an increase from CNY 98,454,000.16 in the same period last year[37] - Total operating costs increased to CNY 84,221,254.49 from CNY 75,558,089.49 year-on-year, with operating costs specifically rising from CNY 39,924,905.67 to CNY 44,096,001.17[38] - The total operating costs for the current period are CNY 11,317,344.22, compared to CNY 10,871,748.69 in the previous period, reflecting an increase of approximately 4.1%[42] - The total operating costs decreased to CNY 28,712,973.49 from CNY 30,100,195.23 year-on-year, a reduction of approximately 4.6%[49] Assets and Liabilities - Total assets increased by 2.18% to CNY 1,627,449,459.32 compared to the end of the previous year[7] - The company's current assets totaled CNY 1,022,392,603.87, compared to CNY 943,993,916.00 at the end of 2019, reflecting a growth of approximately 8.3%[30] - The company's total liabilities decreased to CNY 134,988,132.32 from CNY 185,961,570.44, indicating a reduction of approximately 27.4%[32] - The total liabilities decreased to CNY 60,798,486.85 from CNY 107,191,082.92 year-on-year[35] - The company's total assets as of September 30, 2020, were CNY 1,499,101,167.31, compared to CNY 1,461,074,493.45 at the end of 2019[34] - Total liabilities amounted to CNY 185,961,570.44, with non-current liabilities totaling CNY 27,625,636.62[63] Cash Flow - The net cash flow from operating activities decreased by 45.50% to CNY 30,320,289.66[7] - The net cash flow from operating activities decreased by 73.36% year-on-year, primarily due to a decline in operating income and the timing of raw material inventory[15] - Cash flow from operating activities for Q3 2020 was CNY 29,270,168.49, significantly lower than CNY 109,853,821.16 in the same quarter last year, a decline of approximately 73%[54] - Operating cash flow for the period was CNY 50,263,293.36, an increase of 77.4% compared to CNY 28,335,860.55 in the previous period[56] - The company reported a net cash decrease of CNY 64,747,152.35 for the period, compared to an increase of CNY 10,483,371.75 in the previous year[55] Shareholder Information - The total number of shareholders at the end of the reporting period was 14,226[11] - The largest shareholder, Pan Jiangen, holds 29.18% of the shares, totaling 80,067,960 shares[11] Research and Development - Research and development expenses for Q3 2020 were CNY 17,919,699.01, compared to CNY 15,094,063.30 in the same period last year, reflecting a year-on-year increase[38] - Research and development expenses for the current period amount to CNY 6,355,752.68, slightly down from CNY 6,927,021.38 in the previous period, showing a reduction of about 8.3%[42] - Research and development expenses for Q3 2020 were CNY 20,296,324.21, down from CNY 22,490,827.85 in Q3 2019, a reduction of about 9.76%[49] Other Financial Metrics - Basic earnings per share dropped by 36.84% to CNY 0.12[7] - Basic and diluted earnings per share for the current period are both CNY 0.12, compared to CNY 0.19 in the previous period, indicating a decline of 36.8%[43] - The weighted average return on net assets was 2.38%, down by 1.70% from the previous year[7] - The fair value change income decreased by 108.9% year-on-year, mainly due to the performance compensation impact from Weir Technology[15] - The company reported a financial expense of CNY -361,994.79, compared to CNY -403,051.73 in the previous period, indicating an improvement in financial costs[42]