苏大维格(300331) - 2019 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was ¥25,457,642.77, reflecting a year-on-year increase of 7.96%[7] - Operating revenue for the reporting period was ¥290,043,076.25, representing an 8.21% increase compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥21,570,876.93, up 20.70% year-on-year[7] - Basic earnings per share were ¥0.11, a 10.00% increase compared to the same period last year[7] - The company reported a net profit of CNY 273,474,247.79, up from CNY 235,830,674.52, indicating a growth of approximately 15.9% in retained earnings[39] - Net profit for the current period was ¥25,865,636.51, an increase of 13.4% compared to ¥22,735,373.03 in the previous period[48] - The company's operating profit decreased to ¥68,913,511.12, down 4.3% from ¥72,288,569.26 in the previous period[55] Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,200,656,983.66, an increase of 5.72% compared to the end of the previous year[7] - The company's cash and cash equivalents decreased by 49.88% to ¥138,527,471.97 compared to the previous year, primarily due to increased investments and purchases of financial products[20] - The company's total liabilities increased significantly, with accounts payable rising by 318.80% to ¥21,359,000.00, reflecting increased use of acceptance bills for payments[20] - Current liabilities rose to CNY 703,883,613.74, compared to CNY 617,705,177.39, reflecting an increase of about 13.9%[38] - The total liabilities reached CNY 723,312,098.97, an increase from CNY 641,358,678.20, which is a growth of approximately 12.8%[39] - Owner's equity amounted to CNY 1,477,344,884.69, compared to CNY 1,440,161,674.07, reflecting an increase of about 2.6%[39] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥225,811.94, a significant decrease of 99.74%[7] - The company’s cash flow from financing activities decreased by 79.72% to ¥28,902,607.85, primarily due to increased repayments of bank loans[23] - Operating cash inflow totaled CNY 968,696,556.53, an increase from CNY 810,180,505.63 in the previous period[63] - Net cash flow from operating activities was negative CNY 225,811.94, a significant improvement from negative CNY 85,722,788.05 in the prior year[63] Investments and Subsidiaries - The company successfully acquired industrial real estate for a total price of RMB 41.96 million through its wholly-owned subsidiary, Suzhou Weig Technology Co., Ltd. on April 6, 2019[24] - The newly established holding subsidiary, Yancheng Weisheng New Materials Co., Ltd., has a registered capital of RMB 30 million, with Suzhou Weig contributing RMB 21 million, holding a 70% stake[25] - The company invested RMB 50 million to establish a wholly-owned subsidiary, Weida Technology (Jiangsu) Co., Ltd., to enhance its presence in the high-performance flexible touch control sector[26] Shareholder Information - The total number of shareholders at the end of the reporting period was 14,389[11] - The largest shareholder, Chen Linsen, holds 22.22% of the shares, with 37,678,492 shares pledged[11] Operational Metrics - The weighted average return on equity was 1.80%, a decrease of 0.12% compared to the previous year[7] - The company reported no significant non-recurring gains or losses that would be classified as regular gains or losses[9] - The company has maintained a clear profit distribution policy, with no profit distribution matters reported during the current period[28] Research and Development - Research and development expenses decreased to ¥9,948,633.10 from ¥20,200,405.28, indicating a reduction of 50.7%[46] - Research and development expenses were ¥42,362,292.05, down 23.2% from ¥55,154,926.87 in the prior period[53] Other Financial Metrics - Financial expenses rose by 110.42% to ¥8,606,258.79, mainly due to increased interest expenses[21] - The company reported a 36.74% decrease in other income, totaling ¥8,498,363.60, attributed to reduced government funding[21] - The company experienced a reduction in asset impairment losses to ¥3,672,706.65, compared to ¥8,844,387.51 in the previous period[55]