掌趣科技(300315) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 69.19% to CNY 41,260,457.10 year-on-year[9] - Operating revenue decreased by 12.96% to CNY 440,089,918.93 compared to the same period last year[9] - Basic earnings per share decreased by 60.00% to CNY 0.02[9] - Total operating revenue for the current period was ¥440,089,918.93, a decrease of 13% compared to ¥505,639,429.72 in the previous period[55] - Net profit for the current period was ¥40,641,133.87, down from ¥132,809,675.36, indicating a decline of about 69%[61] - The company reported a net loss of CNY 364,309,660.88, an improvement from a net loss of CNY 757,467,221.27 in the previous year[47] - The company experienced a net loss of CNY 72,629,384.61 in the current period, compared to a loss of CNY 23,818,883.28 in the previous period, indicating a significant decline in profitability[68] - The total comprehensive income for the current period is CNY -77,320,944.21, compared to CNY -14,453,712.08 in the previous period, indicating a worsening of performance[71] Assets and Liabilities - Total assets increased by 3.98% to CNY 6,225,689,391.15 compared to the end of the previous year[9] - The company's current assets totaled CNY 2,313,859,542.85, up from CNY 1,900,600,742.36 in December 2019, indicating an increase of about 22%[38] - The total liabilities of the company were CNY 534,948,309.59, compared to CNY 440,294,735.26 at the end of 2019, representing an increase of about 21%[42] - The company's equity attributable to shareholders increased to CNY 5,694,363,006.91 from CNY 5,548,222,624.83, showing a growth of approximately 3%[47] - Non-current assets decreased to CNY 3,911,829,848.30 from CNY 4,086,554,611.57, a decline of approximately 4%[41] - The company's total assets were reported at ¥6,320,963,396.26, down from ¥6,330,136,218.76[54] - The company's equity decreased to ¥5,415,240,667.94 from ¥5,508,479,943.15, a decline of approximately 1.7%[54] - Total liabilities increased to ¥905,722,728.32 from ¥821,656,275.61, marking an increase of about 10%[54] Cash Flow - Net cash flow from operating activities decreased by 72.78% to CNY 49,135,026.75[9] - Cash and cash equivalents net increase rose by 38% compared to the same period last year, primarily due to the impact of investment activities[24] - The net cash flow from investment activities increased by 459% compared to the same period last year, mainly due to an increase in cash recovered from investments[24] - The total cash inflow from operating activities was 295,750,300.95 CNY, down from 484,631,234.15 CNY, indicating a decrease of about 39%[92] - The net cash flow from investment activities was 229,036,506.24 CNY, a significant increase compared to 40,958,931.26 CNY in the previous period, reflecting a growth of approximately 459%[90] - The net cash flow from financing activities was -198,203,055.56 CNY, worsening from -177,749,926.47 CNY, indicating a decline in financing efficiency[90] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 173,414[13] - The largest shareholder, Yao Wenbin, held 6.98% of the shares, totaling 192,507,902 shares[13] - The company did not conduct any repurchase transactions during the reporting period[16] - The company repurchased a total of 25,714,489 shares, accounting for 0.9325% of the total share capital, with a total transaction amount of approximately RMB 199.99 million[29] - The company plans to use its own funds to repurchase shares for an amount not less than RMB 100 million and not exceeding RMB 200 million, with a repurchase price not exceeding RMB 8.61 per share[28] Expenses - Sales expenses increased by 1,393% compared to the same period last year, mainly due to the reclassification of promotional expenses from operating costs to sales expenses under the new revenue recognition standards[23] - Other income increased by 41% compared to the same period last year, primarily due to an increase in government subsidies[23] - Research and development expenses rose to ¥103,338,619.01, compared to ¥88,849,312.08 in the previous period, reflecting an increase of approximately 16%[58] - Financial expenses for the current period are CNY -4,793,961.21, improved from CNY -24,430,169.55, showing a significant reduction in costs[75] Accounting Standards and Reporting - The company has adopted the new revenue accounting standards since January 1, 2020, impacting the reporting of retained earnings[119] - The third quarter report was not audited, indicating a potential area of concern for investors[119]