津膜科技(300334) - 2019 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was CNY -87,144,898.71, representing a significant decline of 42,286.16% year-on-year[7]. - Operating revenue for the reporting period was CNY 125,407,097.28, an increase of 0.47% compared to the same period last year[7]. - Basic earnings per share were CNY -0.29, reflecting a decrease of 41,528.57% compared to the same period last year[7]. - The company reported a net profit attributable to shareholders after deducting non-recurring gains and losses of CNY -86,717,696.62, a decline of 2,104.19% year-on-year[7]. - The net profit for the period was -102.78 million yuan, representing a year-on-year decline of 1,294.59%[18]. - The net profit for Q3 2019 was a loss of CNY 85,920,734.20, compared to a profit of CNY 1,590,721.70 in the previous year, indicating a substantial decline[55]. - The company reported a net loss of CNY 108,640,179.55 for Q3 2019, compared to a net loss of CNY 30,761,824.61 in the same period last year, indicating a significant increase in losses[66]. - The comprehensive income total for Q3 2019 was a loss of ¥102,777,965.46, compared to a gain of ¥8,603,605.12 in the previous year[63]. Cash Flow - The net cash flow from operating activities was CNY 38,502,068.00, showing a substantial increase of 363.51% year-on-year[7]. - The company experienced a net cash inflow from operating activities of CNY 38,502,068.00, a recovery from a net outflow of CNY -14,611,433.84 in the same quarter last year[70]. - Total cash inflow from operating activities reached 451,056,059.70 CNY, up from 324,661,679.77 CNY year-over-year, indicating a growth of approximately 38.9%[74]. - The net cash flow from investing activities was -61,370,008.52 CNY, an improvement from -103,266,364.00 CNY year-over-year[75]. - The net cash flow from financing activities was -9,880,722.43 CNY, compared to a positive net flow of 14,093,461.45 CNY in the previous year[75]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,706,628,206.76, a decrease of 8.70% compared to the end of the previous year[7]. - The company's total liabilities decreased to CNY 1,056,221,926.66 from CNY 1,206,776,260.91, a reduction of about 12.4%[46]. - The company's equity attributable to shareholders decreased to CNY 1,563,112,617.73 from CNY 1,679,446,069.17, a decline of approximately 6.9%[47]. - The company's cash and cash equivalents decreased to CNY 201,472,177.92 from CNY 271,340,871.89, representing a decline of approximately 25.7%[44]. - The company's total liabilities decreased to CNY 822,404,960.56 from CNY 900,518,655.45, reflecting a decline of about 8.68%[52]. Shareholder Information - The total number of shareholders at the end of the reporting period was 22,929[11]. - The top three shareholders held a combined 44.24% of the shares, with Tianjin Membrane Engineering Technology Co., Ltd. holding 21.19%[11]. Operational Costs and Expenses - Total operating costs increased significantly to CNY 167,664,380.45 from CNY 123,957,421.99, marking an increase of about 35.3%[54]. - Management expenses rose by 18.07 million yuan, a 38.29% increase year-on-year, primarily due to new litigation-related provisions[19]. - Asset impairment losses surged by 49.44 million yuan, up 664.44% year-on-year, attributed to increased bad debt and inventory write-down provisions[19]. - Financial expenses increased to CNY 28,588,836.75, compared to CNY 23,530,216.72 in the previous year, with interest expenses rising to CNY 25,926,663.80 from CNY 18,371,330.28[66]. Investment Income - Investment income increased by 6.85 million yuan, a 149.16% rise year-on-year, due to profits from joint ventures[20]. - The company reported an investment income of CNY 2,945,340.08, an increase from CNY 1,716,174.87 in the previous year, showing a growth of approximately 71.7%[54]. - The company reported an investment income of ¥11,440,459.77 for the year-to-date period, up from ¥4,591,634.84 in the same period last year[60]. Future Outlook - The company anticipates a significant decline in overall revenue and gross profit due to delays in project construction and increased costs, leading to potential losses for the year[36].