花园生物(300401) - 2020 Q3 - 季度财报

Important Notice This section provides the management's declaration regarding the accuracy and completeness of the quarterly report Management Statement The company's board of directors, supervisory board, and senior management ensure the truthfulness, accuracy, and completeness of this quarterly report, assuming legal responsibility - Company management guarantees the report's content is true, accurate, and complete, assuming legal responsibility[4] - The company's head, chief accountant, and head of accounting department all declare the financial statements are true, accurate, and complete[5] Company Profile This section details the company's key financial performance and shareholder structure as of Q3 2020 Key Accounting Data and Financial Indicators As of Q3 2020, total assets reached RMB 3.252 billion, up 56.40% from year-end, while year-to-date revenue and net profit attributable to shareholders declined by 15.21% and 26.74% respectively Key Financial Position Indicators | Indicator | September 30, 2020 | Change from Prior Year-End | | :--- | :--- | :--- | | Total Assets (RMB) | 3,252,457,869.66 | 56.40% | | Net Assets Attributable to Listed Company Shareholders (RMB) | 2,863,899,934.48 | 64.31% | Key Financial Performance Indicators (Year-to-Date) | Indicator | Year-to-Date | Change from Prior Year-Ago Period | | :--- | :--- | :--- | | Operating Revenue (RMB) | 490,403,590.51 | -15.21% | | Net Profit Attributable to Listed Company Shareholders (RMB) | 226,353,727.11 | -26.74% | | Net Cash Flow from Operating Activities (RMB) | 270,391,116.83 | -17.10% | | Basic Earnings Per Share (RMB/share) | 0.46 | -28.13% | | Weighted Average Return on Net Assets | 11.01% | -7.38% | Non-Recurring Gains and Losses (Year-to-Date) | Non-Recurring Gain/Loss Item | Amount Year-to-Date (RMB) | | :--- | :--- | | Government grants recognized in current profit/loss | 31,400,523.49 | | Gains/losses from entrusted investments or asset management | 3,993,287.67 | | Other non-operating income/expenses | 1,855,824.71 | | Total | 31,679,565.00 | Shareholder Information As of the reporting period end, the company had 27,986 common shareholders, with Zhejiang Xiangyun Technology Co., Ltd. as the largest, holding 31.20% of shares, some of which are pledged - The total number of common shareholders at the end of the reporting period was 27,986[13] Top Ten Shareholders at Period-End | Shareholder Name | Shareholder Nature | Shareholding Percentage | Number of Shares Held | Pledged or Frozen Status | | :--- | :--- | :--- | :--- | :--- | | Zhejiang Xiangyun Technology Co., Ltd. | Domestic Non-State-Owned Legal Person | 31.20% | 171,926,877 | Pledged 128,320,000 | | Shao Junfang | Domestic Natural Person | 3.22% | 17,745,937 | - | | Bay Area Industrial Financial Investment (Guangzhou) Co., Ltd. | Domestic Non-State-Owned Legal Person | 2.86% | 15,772,870 | - | - During the reporting period, due to non-public issuance of shares, the number of restricted shares held by multiple shareholders increased, with a total of 71,719,617 new restricted shares expected to be lifted on February 12, 2021[17][20][23] Significant Events This section details significant changes in financial data and the progress of major corporate actions, including a private share placement Significant Changes in Key Financial Data and Reasons During the reporting period, the company experienced significant financial data changes, including a 133.09% increase in monetary funds and a 901.12% surge in net cash flow from financing activities due to private placement proceeds Balance Sheet Items with Significant Changes | Balance Sheet Item | Change Percentage | Primary Reason | | :--- | :--- | :--- | | Monetary Funds | 133.09% | Due to receipt of proceeds from non-public issuance | | Prepayments | 577.79% | Due to increased prepayments for raw materials | | Construction in Progress | 95.26% | Due to increased investment in Jinxin Science and Technology Park project construction | Income Statement Items with Significant Changes | Income Statement Item | Change Percentage | Primary Reason | | :--- | :--- | :--- | | Selling Expenses | -36.27% | Due to decrease in export commissions and export credit insurance | | Interest Income | 87.69% | Due to increased interest income from bank deposits | | Other Income | -60.62% | Due to reduced purchases of bank wealth management products | Cash Flow Statement Items with Significant Changes | Cash Flow Statement Item | Change Percentage | Primary Reason | | :--- | :--- | :--- | | Net Cash Flow from Investing Activities | -125.31% | Due to increased payments for engineering and equipment | | Net Cash Flow from Financing Activities | 901.12% | Due to receipt of raised funds | Progress of Significant Events The company completed a non-public share offering in 2020, raising approximately RMB 895 million net, with 71,719,242 new shares listed on August 13, 2020 - The company's non-public share offering application was approved by the China Securities Regulatory Commission (CSRC) (CSRC Approval [2020] No. 1067)[29] - This non-public offering raised approximately RMB 910 million, with net proceeds of RMB 894,513,196.17 after deducting issuance expenses[29] - The 71,719,242 new shares from the non-public offering were listed on the ChiNext Board of the Shenzhen Stock Exchange on August 13, 2020[30] Financial Statements This section presents the consolidated and parent company financial statements, along with explanations for adjustments Consolidated Financial Statements This section provides the consolidated balance sheet as of September 30, 2020, and consolidated income and cash flow statements for the reporting period and year-to-date Consolidated Financial Statement Overview | Statement | Period/As of Date | Page Numbers | | :--- | :--- | :--- | | Consolidated Balance Sheet | September 30, 2020 | 11-14 | | Consolidated Income Statement for the Current Period | Q3 2020 | 16-18 | | Consolidated Income Statement Year-to-Date | Jan-Sep 2020 | 20-22 | | Consolidated Cash Flow Statement Year-to-Date | Jan-Sep 2020 | 24-25 | Parent Company Financial Statements This section provides the parent company balance sheet as of September 30, 2020, and parent company income and cash flow statements for the reporting period and year-to-date Parent Company Financial Statement Overview | Statement | Period/As of Date | Page Numbers | | :--- | :--- | :--- | | Parent Company Balance Sheet | September 30, 2020 | 14-16 | | Parent Company Income Statement for the Current Period | Q3 2020 | 19-20 | | Parent Company Income Statement Year-to-Date | Jan-Sep 2020 | 22-23 | | Parent Company Cash Flow Statement Year-to-Date | Jan-Sep 2020 | 25-27 | Explanation of Financial Statement Adjustments Effective January 1, 2020, the company adopted new revenue standards, reclassifying 'Advances from Customers' to 'Contract Liabilities' with no significant impact on financial position - The company first adopted new revenue and lease accounting standards in 2020, adjusting relevant opening financial statement items[94] Financial Statement Adjustments for New Revenue Standards | Adjusted Item | Amount Before Adjustment (RMB) | Amount After Adjustment (RMB) | Adjustment Amount (RMB) | | :--- | :--- | :--- | :--- | | Advances from Customers | 2,683,783.04 | 0 | -2,683,783.04 | | Contract Liabilities | 0 | 2,683,783.04 | 2,683,783.04 | Audit Report This section confirms that the company's third-quarter report has not undergone an audit Audit Status The company's 2020 third-quarter report has not been audited - The company's third-quarter report was not audited[113]