海伦钢琴(300329) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥143,010,282.02, representing a year-on-year increase of 4.31%[8] - Net profit attributable to shareholders decreased by 1.14% to ¥10,966,185.04 compared to the same period last year[8] - The net profit after deducting non-recurring gains and losses was ¥10,078,077.74, up 2.48% year-on-year[8] - The basic earnings per share was ¥0.0436, down 1.13% from the previous year[8] - Operating revenue for the first nine months rose by 3.88% to ¥400.11 million from ¥385.17 million[17] - Net profit attributable to the parent company decreased by 6.76% to ¥38.70 million from ¥41.50 million, mainly due to increased promotional and R&D expenses[17] - Total operating revenue for Q3 2019 was CNY 400,107,907.60, an increase of 3.8% compared to CNY 385,168,397.17 in the same period last year[39] - Net profit for Q3 2019 was CNY 38,719,182.24, a decrease of 7.4% from CNY 41,870,068.29 in Q3 2018[40] Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,168,880,014.81, an increase of 3.21% compared to the previous year[8] - The company reported total assets amounted to CNY 1,132,530,477.64, with current assets at CNY 720,572,348.03 and non-current assets at CNY 411,958,129.61[53] - The company’s total liabilities reached CNY 238,238,631.74, with current liabilities at CNY 238,038,631.74 and non-current liabilities at CNY 200,000.00[54] - The company reported inventory of CNY 234,137,752.14, reflecting a stable inventory management strategy[53] - The company’s short-term borrowings stood at CNY 37,642,800.00, indicating a manageable debt level[54] Shareholder Information - Net assets attributable to shareholders of the listed company amounted to ¥942,547,338.26, reflecting a growth of 5.91% year-over-year[8] - The total number of ordinary shareholders at the end of the reporting period was 25,659[11] - The largest shareholder, Ningbo Beilun Helen Investment Co., Ltd., holds 27.33% of the shares, totaling 69,316,800 shares[11] Cash Flow - The net cash flow from operating activities was negative at -¥57,445,926.84, a decline of 288.58% year-on-year[8] - The net cash flow from operating activities worsened by 288.58%, resulting in a deficit of ¥57.45 million compared to a deficit of ¥14.78 million in the previous year[18] - The net cash flow from financing activities showed a significant decline of 263.26%, resulting in a deficit of ¥41.98 million due to short-term loan repayments[18] - The ending balance of cash and cash equivalents was 121,644,116.73, compared to 99,569,009.70 in the previous period, showing a slight increase despite negative cash flows[48] Expenses and Costs - The company reported a 14.21% increase in selling expenses, totaling ¥33.53 million, due to higher promotional and online sales costs[17] - Total operating costs for Q3 2019 were CNY 368,683,220.84, up 7% from CNY 344,607,918.93 year-on-year[39] - The company reported a decrease in sales expenses to CNY 33,530,769.25 from CNY 29,360,080.14 year-on-year, indicating a cost control effort[39] Investments - Long-term equity investments surged by 120.62% to ¥234.43 million from ¥106.26 million, driven by increased investments in Helen Roman and art education[16] - The company achieved investment income of CNY 12,571,401.63, an increase from CNY 9,123,149.81 in the previous year[39] Compliance and Audit - The company has not undergone an audit for the third quarter report, which may affect investor confidence[59] - The company is in compliance with new financial instrument standards, ensuring adherence to regulatory requirements[59]