长亮科技(300348) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 278,308,690.54, an increase of 30.28% year-on-year[7] - Net profit attributable to shareholders of the listed company was CNY 31,426,534.53, up 106.61% compared to the same period last year[7] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 30,373,770.06, an increase of 112.18% year-on-year[7] - Basic earnings per share were CNY 0.0444, an increase of 22.65% year-on-year[7] - Diluted earnings per share were CNY 0.0437, an increase of 24.50% compared to the same period last year[7] - The weighted average return on net assets was 2.72%, an increase of 1.55% year-on-year[7] - The company reported a profit margin of approximately 11.4% for the current period, up from 7.0% in the previous period[53] - Net profit for the current period was ¥34,648,641.16, compared to ¥24,587,696.67 in the previous period, representing an increase of approximately 41.9%[67] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,948,695,724.82, a decrease of 11.21% compared to the end of the previous year[7] - Total liabilities increased from CNY 696,460,131.61 to CNY 767,621,471.87, reflecting a growth of around 10.2%[37] - Owner's equity decreased from CNY 1,498,333,065.26 to CNY 1,181,074,252.95, a decline of about 21.2%[40] - Total assets decreased from CNY 2,194,793,196.87 to CNY 1,948,695,724.82, a decline of approximately 11.2%[40] - Current liabilities rose from CNY 513,807,904.55 to CNY 660,921,547.83, an increase of approximately 28.7%[37] - The total liabilities decreased from ¥1,484,090,178.04 to ¥950,401,647.01, a reduction of 36.0%[47] Cash Flow - The net cash flow from operating activities was CNY -8,729,636.33, a decrease of 70.91% compared to the previous year[7] - The company reported a net cash flow from financing activities of CNY 31,484,109.61, a decrease of 90.33% compared to CNY 325,487,409.45 from the previous year[24] - Cash and cash equivalents dropped significantly from CNY 552,349,690.69 to CNY 231,675,627.25, a decrease of approximately 58.1%[41] - Cash inflow from financing activities was $360.69 million, significantly lower than $1.06 billion in the previous period, a decrease of 66%[90] - Cash outflow from financing activities was $408.44 million, compared to $849.60 million in the previous period, a reduction of 52%[90] Investments and Expenses - The company received government subsidies amounting to CNY 7,927,719.02 during the reporting period[7] - Research and development expenses rose to ¥47,645,654.53, compared to ¥41,689,831.74, marking an increase of 14.0%[50] - The company reported a loss from investment income of CNY -2,407,912.49, a decline of 253.90% compared to CNY 1,564,583.62 from the previous year[24] - Financial expenses for the period were ¥10,027,272.94, compared to ¥9,175,774.55 in the previous period[67] - The company experienced a significant increase in income tax expenses, rising by 447.47% to CNY 10,041,982.60 from CNY 1,834,253.35 due to increased profitability of subsidiaries[24] Changes in Financial Position - Accounts receivable dropped by 69.63% to CNY 276,965,609.05 from CNY 911,922,444.92, attributed to adjustments in the new revenue recognition standards[21] - Inventory surged by 27,427.87% to CNY 561,280,153.27 from CNY 2,038,952.71, resulting from changes in revenue recognition methods[21] - Long-term equity investments increased by 1,722.40% to CNY 3,339,209.11 from CNY 183,231.39 due to additional investments in joint ventures[21] - The company’s long-term equity investments increased from CNY 693,437,804.34 to CNY 714,644,800.75, an increase of approximately 3.0%[44] - The company has implemented new revenue recognition standards since January 1, 2020, affecting various financial statement items[1] Shareholder Information - Net assets attributable to shareholders of the listed company were CNY 1,170,617,321.81, down 21.29% from the previous year[7] - The total number of restricted shares at the end of the period was 138,231,411 shares, with a decrease of 1,235,925 shares during the period[18] - The company has no significant non-operating fund occupation by controlling shareholders or related parties during the reporting period[26]