天利科技(300399) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 122,730,287.53, down 17.78% year-on-year [7]. - Net profit attributable to shareholders was CNY 2,035,279.78, a decrease of 77.19% compared to the same period last year [7]. - Basic earnings per share were CNY 0.01, down 80.00% year-on-year [7]. - The net cash flow from operating activities was CNY -12,106,922.89, a decline of 235.58% compared to the previous year [7]. - The weighted average return on net assets was 0.44%, a decrease of 1.68% year-on-year [7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -516,770.83, a decrease of 106.13% year-on-year [7]. - Total operating revenue for Q3 2020 was CNY 122,730,287.53, a decrease from CNY 149,275,761.56 in the previous period [34]. - Net profit for Q3 2020 was CNY 2,352,633.88, down from CNY 9,841,047.17 in the same period last year [36]. - The company's total operating revenue for the current period is CNY 44,282,835.91, a decrease from CNY 60,232,239.22 in the previous period [38]. - Operating profit for the current period is CNY 5,303,806.66, down from CNY 9,336,470.00 in the previous period [39]. - Net profit for the current period is CNY 5,496,880.74, slightly down from CNY 5,562,050.65 in the previous period [39]. - Total comprehensive income for the current period is CNY 5,496,880.74, compared to CNY 5,562,050.65 in the previous period [40]. - The company recorded a net profit attributable to shareholders of CNY 21,998,862.08 for the year-to-date, compared to a loss of CNY 2,667,890.69 in the previous year [44]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 494,070,397.05, a decrease of 3.14% compared to the end of the previous year [7]. - Total assets as of September 30, 2020, were CNY 485,990,661.45, a slight decrease from CNY 493,464,593.13 at the end of 2019 [32]. - Total liabilities decreased significantly to CNY 12,848,006.75 from CNY 43,592,601.94 [32]. - The total liabilities of the company stood at 51,746,613.37 CNY, with total equity amounting to 458,322,401.21 CNY [59]. - Total assets amounted to CNY 493,464,593.13, with current assets at CNY 366,095,719.44 and non-current assets at CNY 127,368,873.69 [61]. - Total liabilities reached CNY 43,592,601.94, with current liabilities at CNY 17,623,919.50 and non-current liabilities at CNY 25,968,682.44 [62]. - Owner's equity totaled CNY 449,871,991.19, including CNY 201,050,923.80 in undistributed profits [63]. Cash Flow - Cash and cash equivalents increased by 84.45% compared to the beginning of the year, mainly due to the redemption of bank wealth management products and conversion of part of the funds into time deposits [15]. - The company reported a net cash flow from operating activities of -¥18,052,274.38, an improvement from -¥25,369,226.84 in the previous period [50]. - Cash and cash equivalents at the end of the period totaled ¥103,873,674.25, up from ¥58,223,771.65 at the end of the previous period [51]. - The company generated ¥760,149,295.84 in cash inflow from investment activities, compared to ¥447,733,735.28 in the previous period [51]. - The cash outflow for investment activities was ¥687,431,449.71, resulting in a net cash flow from investment activities of ¥72,717,846.13 [51]. - The net cash flow from operating activities for the current period was -6,767,993.90 CNY, an improvement from -23,454,779.14 CNY in the previous period [52]. - Total cash inflow from investment activities was 668,439,450.86 CNY, compared to 392,629,823.94 CNY in the previous period, resulting in a net cash flow of 73,522,350.15 CNY [52]. - The company reported a decrease in cash flow from operating activities, with cash inflow totaling 162,342,001.30 CNY, down from 170,909,925.38 CNY [52]. Shareholder Information - The company reported a total of 18,611 common shareholders at the end of the reporting period [11]. - The largest shareholder, Shangrao Digital and Financial Industry Investment Group, held 25.00% of the shares [11]. - The company did not engage in any repurchase transactions during the reporting period [12]. Investments and Expenses - Long-term equity investments increased by 369.73% compared to the beginning of the year, attributed to investments in establishing affiliated subsidiaries [15]. - Other income increased by 127.99% year-on-year, mainly due to an increase in VAT deductions [17]. - Investment income increased by 172.55% year-on-year, driven by gains from equity disposals and increased returns from matured financial products [17]. - Net cash flow from investing activities increased by 1,490.06% year-on-year, primarily due to proceeds from the disposal of an affiliated company and increased recoveries from matured financial products [17]. - Research and development expenses increased to CNY 3,786,487.95 from CNY 1,792,826.70, indicating a focus on innovation [35]. - Research and development expenses for the current period are CNY 2,902,185.59, an increase from CNY 2,149,741.35 in the previous period [38]. - The company incurred research and development expenses of ¥8,446,544.35, slightly higher than ¥8,196,225.07 in the previous period [45]. - The company reported a significant increase in investment income of ¥13,439,278.89, compared to ¥10,943,119.32 in the previous year [45]. Other Financial Metrics - Deferred tax assets decreased by 82.86% compared to the beginning of the year, mainly due to a reduction in estimated liabilities [15]. - Tax expenses increased by 346.22% year-on-year, primarily due to an increase in deferred tax expenses [17]. - The company has a financial asset reclassification amounting to CNY 76,232.88 for the current period [39]. - The company has a total of CNY 29,463,467.75 in surplus reserves [63]. - The company has a total of CNY 9,635,201.21 in payable employee compensation [62].