凯发电气(300407) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue decreased by 7.84% to CNY 394,332,575.56 compared to the same period last year[7] - Net profit attributable to shareholders decreased by 47.59% to CNY 13,609,368.19 compared to the same period last year[7] - Net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 60.29% to CNY 9,517,520.14 compared to the same period last year[7] - Basic earnings per share decreased by 50.00% to CNY 0.05 compared to the same period last year[7] - The weighted average return on equity decreased by 61.07% to 1.02% compared to the same period last year[7] - The company reported a total comprehensive income of CNY 9,669,061.33, significantly lower than CNY 31,216,699.46 in Q3 2018[50] - The company reported no significant changes in net profit or major losses compared to the previous year[31] Assets and Liabilities - Total assets increased by 1.09% to CNY 2,419,554,739.72 compared to the end of the previous year[7] - The company's total assets amounted to 2,419,554,739.72 RMB, an increase from 2,393,500,472.41 RMB at the end of 2018[41] - Total liabilities decreased to 1,115,366,537.93 RMB from 1,289,382,388.97 RMB, indicating a reduction of about 13.5%[41] - The ending balance of "accounts receivable" is 19.49 million yuan, a decrease of 66.61% compared to the beginning of the year, mainly due to a large amount of matured acceptance or endorsement transfers[17] - The ending balance of "inventory" is 828.33 million yuan, an increase of 41.25% compared to the beginning of the year, mainly due to significant investments in large projects that have not yet recognized revenue[17] - The ending balance of "long-term borrowings" is 62.44 million yuan, primarily due to a loan of 8 million euros obtained from Minsheng Bank[19] Cash Flow - The net cash flow from operating activities was negative CNY 4,343,960.42, a decrease of 97.45% compared to the same period last year[7] - Cash flow from operating activities showed a net outflow of ¥4,343,960.42, an improvement from a net outflow of ¥170,055,429.83 in the previous period[66] - The net cash flow from operating activities was ¥105,204,690.23, a significant improvement compared to a net outflow of ¥71,383,229.53 in the previous year[69] - The net cash flow from financing activities was negative at -¥67,046,949.55, contrasting with a positive net flow of ¥278,591,465.55 in the same period last year[70] Shareholder Information - Net assets attributable to shareholders increased by 18.25% to CNY 1,294,204,299.34 compared to the end of the previous year[7] - The total number of shareholders at the end of the reporting period was 20,890[11] - The company distributed a cash dividend of 0.1070 RMB per 10 shares, totaling 3 million RMB, based on a total share capital of 280,561,580 shares as of March 31, 2019[29] Government Support and Other Income - The company received government subsidies amounting to CNY 7,876,062.89 during the reporting period[9] - The company reported a significant increase in other income to ¥9,909,754.57, compared to ¥3,488,322.19 in the previous period[61] Research and Development - Research and development expenses rose to CNY 18,999,769.02, an increase of 75% from CNY 10,839,423.66 in Q3 2018[48] - Research and development expenses for the year-to-date period amounted to ¥57,970,796.68, an increase of 16.7% compared to ¥49,685,582.53 in the previous year[55]