开元教育(300338) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the current period was CNY 300,362,283.43, a decrease of 24.29% year-on-year[8] - Net profit attributable to shareholders was a loss of CNY 9,156,919.14, representing a decline of 198.31% year-on-year[8] - Net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 17,351,846.45, a decrease of 336.41% year-on-year[8] - Basic earnings per share were CNY -0.0267, down 189.00% year-on-year[8] - The weighted average return on net assets was -0.72%, a decrease of 1.14% compared to the previous year[8] - The net cash flow from operating activities was a negative CNY 17,365,152.85, a decline of 120.67% year-on-year[8] - The company reported a significant loss in its education and training business during the first three quarters of 2020[24] - The net profit attributable to the parent company for the first three quarters of 2020 was -172 million yuan, a year-on-year decrease of 465.79%[24] - The total operating revenue for the current period is CNY 670,419,504.99, a decrease of 44.4% compared to CNY 1,207,600,485.78 in the previous period[48] - The net profit for the current period is a loss of CNY 189,023,647.99, compared to a profit of CNY 61,296,649.45 in the previous period, indicating a significant decline[49] - The total comprehensive income for the current period is a loss of CNY 189,023,647.99, compared to a gain of CNY 61,296,649.45 in the previous period[50] Assets and Liabilities - Total assets decreased by 9.81% to CNY 1,971,861,871.17 compared to the end of the previous year[8] - Net assets attributable to shareholders decreased by 11.94% to CNY 1,259,407,196.34 compared to the end of the previous year[8] - The company's total assets decreased to CNY 2,014,485,873.17 as of September 30, 2020, from CNY 2,124,705,658.05 at the end of 2019[36] - The total current assets decreased from 807.1 million yuan at the end of 2019 to 536.9 million yuan by September 30, 2020[30] - The total liabilities decreased from 724.3 million yuan at the end of 2019 to 696.7 million yuan[33] - The total liabilities of the company amounted to 724,310,318.43 CNY, with current liabilities making up the majority at 722,060,318.43 CNY[66] - The company's equity attributable to shareholders was CNY 1,875,497,114.38, down from CNY 1,904,263,734.76 at the end of 2019[37] - The company's equity attributable to shareholders was 1,430,150,829.61 CNY, with retained earnings showing a deficit of -211,593,010.56 CNY[66] Cash Flow - The company's cash and cash equivalents decreased by 60.97% to ¥130.71 million due to reduced sales collections in offline education and investment activities[16] - The company reported a net cash outflow from operating activities of ¥79.45 million, a decline of 169.46% compared to the previous period[17] - The company's cash and cash equivalents dropped from 334.9 million yuan at the end of 2019 to 130.7 million yuan[30] - The company reported a decrease in cash inflow from sales of goods and services, totaling 73,552,556.14 CNY, down from 132,811,618.73 CNY in the previous year[59] - The total cash and cash equivalents at the end of the period is CNY 114,142,483.58, down from CNY 217,679,293.56 at the end of the previous period[58] - The company's cash and cash equivalents at the end of the period stood at 50,387,592.46 CNY, down from 133,862,080.22 CNY at the beginning of the period, reflecting a decrease of approximately 62.4%[61] Investments and Expenses - Research and development expenses increased by 66.40% to ¥56.77 million, reflecting higher investments in product development and information systems[17] - The company plans to raise up to ¥368 million through a private placement of shares, with ¥168 million allocated for online education platform development[19] - The company reported an investment income of CNY 1,575,268.11, compared to CNY 97,991.53 in the previous period, showing a substantial increase[49] - Financial expenses decreased to CNY 18,633,041.42 from CNY 45,268,935.76, a reduction of 58.8%[49] - The company has reported a significant increase in other income to CNY 126,148.57 from CNY 1,041,160.00 in the previous period[52] - The company’s investment in fixed assets and intangible assets was 1,745,347.74 CNY, indicating a focus on maintaining and upgrading its operational capabilities[59] Shareholder Information - The total number of shareholders at the end of the reporting period was 9,628[12] - The company has no overdue commitments from controlling shareholders or related parties during the reporting period[22]