易事特(300376) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the period was ¥853,656,617.24, representing a decrease of 24.91% year-on-year[7]. - Net profit attributable to shareholders was ¥130,752,340.04, down 32.10% compared to the same period last year[7]. - The net profit after deducting non-recurring gains and losses was ¥105,207,517.75, a decline of 31.83% year-on-year[7]. - Basic earnings per share were ¥0.06, reflecting a decrease of 25.00% compared to the previous year[7]. - The weighted average return on equity was 2.52%, down 1.46% from the previous year[7]. - The company reported a total comprehensive income of ¥139,964,445.02 for Q3 2019, down from ¥164,609,185.23 in the same quarter last year[65]. - Net profit for Q3 2019 was ¥139,958,357.98, a decline of approximately 26.7% from ¥191,250,140.62 in Q3 2018[63]. - The company's total comprehensive income attributable to the parent company is ¥399,625,106.35, down 28.1% from ¥555,982,554.68 in the previous period[80]. Cash Flow - The net cash flow from operating activities showed a significant decline of 269.17%, totaling -¥660,322,897.36[7]. - Operating cash flow for the reporting period (January to September) was -660,322,897.36 RMB, a decrease of 269.17% compared to the same period last year, primarily due to slower sales collection[26]. - The cash flow from operating activities shows a net outflow of ¥660,322,897.36, contrasting with a net inflow of ¥390,331,431.46 in the previous period[85]. - The cash inflow from operating activities totaled 2,654,483,599.48 CNY, down from 4,186,485,030.23 CNY year-over-year[89]. - The company reported a significant increase in prepayments, which rose to CNY 466.27 million from CNY 240.15 million, an increase of approximately 94.3%[51]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥13,157,644,416.63, an increase of 10.07% compared to the end of the previous year[7]. - The company's total liabilities reached CNY 7.68 billion, compared to CNY 6.97 billion, marking an increase of about 10.3%[51]. - Total assets increased to CNY 13.16 billion, up from CNY 11.95 billion year-over-year, representing a growth of approximately 10.1%[53]. - Current assets totaled CNY 6.71 billion, compared to CNY 5.99 billion in the previous year, reflecting an increase of about 11.9%[49]. - The company's total liabilities increased to ¥6,216,576,311.83 from ¥6,150,474,261.07, marking a rise of about 1.1%[60]. Shareholder Information - The top shareholder, Yangzhou Dongfang Group Co., Ltd., held 55.85% of shares, with a total of 1,300,012,588 shares[11]. - The controlling shareholder, Oriental Group, planned to reduce its stake by up to 69,836,590 shares, representing 3% of the total share capital, but terminated the plan early after reducing only 7,923,412 shares, or 0.3404%[32][36]. - The company repurchased and canceled a total of 328,000 restricted stocks from seven employees who no longer qualified for the incentive plan, reducing total shares from 2,329,001,956 to 2,328,673,956[27]. Investment and Financing Activities - The company is investing a total of 5 billion RMB in a manufacturing base in Pingxiang, Jiangxi Province, with a loan of 500 million RMB provided by the local government as financial support[37]. - The non-public issuance of preferred shares is underway, with a total of up to 10 million shares planned to raise no more than 1 billion RMB[38]. - Financing cash flow for the reporting period was 1,058,140,672.44 RMB, an increase of 574.65% compared to the previous year, primarily due to increased financing loans and leasing business[26]. Operational Metrics - The company's operating revenue for Q3 2019 was CNY 2,325,247,859.61, a decrease of 43.65% compared to the same period last year[20]. - The operating cost for Q3 2019 was CNY 1,477,230,278.60, down 52.87% year-on-year, primarily due to the decline in revenue[20]. - The company reported a decrease in sales expenses to ¥132,508,541.23 from ¥151,356,100.45, a reduction of 12.4%[78]. Research and Development - Research and development expenses for Q3 2019 were ¥33,115,690.86, a decrease of approximately 5.8% from ¥35,150,370.63 in Q3 2018[61]. - Research and development expenses decreased to ¥29.68 million, down 26.4% from ¥40.34 million in the previous period[68]. - Research and development expenses for the current period are ¥93,750,770.86, a decrease of 28.7% from ¥131,420,023.87 in the previous period[78].