中来股份(300393) - 2019 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders increased by 56.11% to CNY 114,676,395.86 for the reporting period[9] - Operating revenue reached CNY 1,341,546,079.28, representing a 119.01% increase year-on-year[9] - The net profit after deducting non-recurring gains and losses increased by 115.02% to CNY 115,479,036.51[9] - Basic earnings per share rose by 60.00% to CNY 0.32[9] - The weighted average return on equity improved to 4.16%, up from 1.30% in the previous year[9] - Net profit increased by 102.29 million yuan, a growth of 71.65%, due to higher sales revenue and total profit[24] - The net profit for the current period is a loss of CNY 16,511,420.59, compared to a profit of CNY 16,411,130.47 in the previous period, reflecting a significant decline[65] - The net profit for the current period is ¥245,042,876.87, an increase from ¥142,754,638.34 in the previous period, representing a growth of approximately 72%[74] - The total profit for the current period is ¥350,048,033.48, compared to ¥169,736,851.07 in the previous period, indicating a significant increase of about 106%[74] Assets and Liabilities - Total assets increased by 29.79% to CNY 7,789,640,760.46 compared to the end of the previous year[9] - Total liabilities amounted to CNY 4,897,377,672.95, an increase from CNY 3,433,704,185.54, indicating a rise of approximately 42.7%[42] - Non-current assets totaled CNY 3,978,710,856.98, up from CNY 2,828,378,791.41, marking an increase of approximately 40.5%[39] - Total assets amounted to ¥5,035,627,604.44, up from ¥3,845,765,981.57, reflecting a growth of approximately 31%[55] - Current liabilities totaled ¥1,449,320,992.48, compared to ¥1,305,121,955.33 in the previous period, showing an increase of approximately 11%[52] - The company's equity attributable to shareholders increased to CNY 2,817,689,250.68 from CNY 2,511,731,325.59, reflecting a growth of about 12.2%[45] Cash Flow - The company reported a net cash flow from operating activities of -CNY 199,611,613.37, a significant decline of 7,970.61%[9] - Cash received from operating activities increased by 100.27 million yuan, a growth of 60.51%, mainly from the increase in the maturity of bill guarantees[27] - The cash flow from operating activities for the current period is ¥1,014,485,008.09, down from ¥1,362,871,622.15 in the previous period, reflecting a decrease of about 26%[86] - Cash flow from investing activities resulted in a net outflow of -¥414,020,556.42, an improvement from -¥427,011,418.71 previously[92] - Cash flow from financing activities generated a net inflow of ¥923,880,722.74, contrasting with a net outflow of -¥488,294,882.73 in the last period[92] Shareholder Information - The top ten shareholders collectively hold significant stakes, with the largest shareholder owning 34.00%[14] - The company repurchased a total of 5,469,843 shares at a total cost of approximately 100 million yuan, completing the share repurchase plan[28] - The company’s capital reserve was converted into share capital, resulting in an increase of 118.12 million yuan in share capital, a growth of 49.02%[23] Operational Highlights - Accounts receivable increased by 230.77 million yuan, a growth of 33.42%, due to the expansion of sales by the company's wholly-owned subsidiary[23] - Inventory increased by 159.86 million yuan, a growth of 30.98%, attributed to increased stock of fluorine membranes and silicon wafers[23] - Operating revenue increased by 675.74 million yuan, a growth of 37.04%, driven by the increase in high-efficiency battery and photovoltaic application system businesses[24] - Research and development expenses for the period were ¥35,509,618.60, up from ¥24,837,363.76, indicating an increase of about 43%[56] - The company reported a significant increase in cash received from other operating activities, totaling ¥1,462,738,723.45 compared to ¥1,347,166,839.77 previously[94] Other Financial Metrics - Financial expenses increased by 48.05 million yuan, a growth of 134.03%, primarily due to the accrual of financial expenses related to convertible bonds[24] - The company reported a financial expense of CNY 27,383,605.39, significantly higher than CNY 176,971.64 in the previous period, indicating a substantial increase in financial costs[65] - The company’s management expenses rose to CNY 107,283,814.32 from CNY 103,170,997.66, showing a slight increase of approximately 4%[72] - The company’s sales expenses increased to CNY 62,922,586.97 from CNY 57,234,792.41, reflecting an increase of about 10%[72]