飞凯材料(300398) - 2019 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 37.29% to CNY 62,165,063.39 for the reporting period[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 43.52% to CNY 47,111,311.61[8] - Basic earnings per share decreased by 47.83% to CNY 0.12[8] - The weighted average return on net assets was 2.67%, down by 2.04% compared to the previous year[8] - Operating revenue for the period was CNY 365,297,993.88, reflecting a 2.10% increase year-on-year[8] - The company reported a net loss of ¥13,936,785.95, compared to a net profit of ¥23,541,220.40 in the previous period, indicating a significant decline in profitability[77] - Operating profit was recorded at ¥-20,743,349.95, down from ¥24,547,582.03 in the same period last year, reflecting operational challenges[77] - Total operating revenue for the current period reached ¥365,297,993.88, an increase of 2.86% compared to ¥357,776,577.05 in the previous period[58] - Net profit for the current period was ¥64,686,745.14, a decrease of 35.36% from ¥100,021,156.71 in the previous period[61] - The net profit attributable to the parent company's shareholders is ¥184,629,326.04, compared to ¥254,848,588.42 in the previous period, a decline of about 27.5%[74] Assets and Liabilities - Total assets increased by 8.30% to CNY 3,779,274,202.11 compared to the end of the previous year[8] - The company's total assets increased to CNY 3,779,274,202.11 from CNY 3,489,677,396.06, marking a growth of approximately 8.3%[47] - Total liabilities increased to CNY 1,390,632,015.94 from CNY 1,250,652,820.15, representing a growth of approximately 11.2% year-over-year[44] - The total liabilities amounted to ¥1,015,566,514.07, unchanged from the previous period, indicating stable financial leverage[98] - The total amount of other payables was CNY 566,907,121.78, slightly down from CNY 568,229,584.63, showing a marginal decrease[54] Cash Flow - Cash flow from operating activities decreased by 13.12% to CNY 148,418,979.41 year-to-date[8] - Cash inflow from operating activities totaled ¥686,893,036.33, up from ¥636,894,306.56 year-over-year, indicating a growth of approximately 7.9%[88] - Cash outflow from operating activities decreased to ¥604,682,025.59 from ¥630,529,393.38, reflecting a reduction of about 4.1%[88] - The company’s cash outflow for repaying debts rose by 68.73%, from CNY 245,517,702.89 to CNY 414,267,068.65, mainly due to the repayment of short-term loans[26] - Cash inflow from financing activities amounted to ¥557,193,609.32, compared to ¥314,791,727.55 in the prior period, showing an increase of approximately 77.1%[91] Shareholder Information - The company reported a total of 22,207 common shareholders at the end of the reporting period[12] - The largest shareholder, Feikai Holdings Co., Ltd., holds 38.47% of the shares[13] - The company proposed a cash dividend of CNY 1.00 per 10 shares, totaling CNY 42,674,060.70, based on a total share capital of 426,740,607 shares as of December 31, 2018[31] - The company plans to increase its total share capital by 85,348,121 shares through a capital reserve transfer, resulting in a new total of 512,088,728 shares[31] Research and Development - The company has established a research center for photopolymer materials in Shanghai, indicating a focus on R&D and market expansion[37] - Research and development expenses for the current period were ¥27,365,806.76, a decrease of 13.56% compared to ¥31,507,084.03 in the previous period[58] - Research and development expenses for the current period are ¥82,601,604.65, down from ¥87,825,060.22, a decrease of about 5.1%[71] Other Income and Expenses - The company received government subsidies amounting to CNY 29,120,167.73 during the reporting period[8] - Other income surged by 198.92% from CNY 9,713,955.14 to CNY 29,036,559.59, primarily due to an increase in government subsidies received[24] - The company reported a significant increase in employee compensation payments, rising to ¥62,711,819.39 from ¥40,741,040.54, reflecting a growth of approximately 54%[88] - The company reported an increase in other income to ¥6,101,750.68, up from ¥2,852,277.38 in the previous year[77]