力星股份(300421) - 2019 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was CNY 8,670,798.63, down 48.18% year-on-year[7]. - Operating revenue for the reporting period was CNY 188,534,832.29, a decline of 1.63% compared to the same period last year[7]. - Basic earnings per share decreased by 72.31% to CNY 0.0347[7]. - The total comprehensive income for the current period is $8.67 million, down 48.00% from $16.73 million in the previous period[39]. - Net profit for the current period is $8.67 million, a decline of 48.00% compared to $16.73 million in the previous period[39]. - Operating profit decreased to $11.21 million, down 45.36% from $20.60 million in the previous period[38]. - Total profit for the period was ¥48,776,363.90, a decrease of 27.18% from ¥66,989,720.03 in the previous period[46]. - Operating profit decreased to ¥49,435,983.78, down 22.83% from ¥64,069,246.08 in the previous period[46]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,354,975,291.40, a decrease of 9.60% compared to the end of the previous year[7]. - Total liabilities decreased from CNY 364,226,539.68 to CNY 234,684,283.67, a decline of about 35.6%[29]. - Current liabilities decreased from CNY 337,264,116.45 to CNY 207,948,991.68, a reduction of about 38.3%[29]. - Non-current assets slightly decreased from CNY 673,652,708.22 to CNY 671,983,642.24, a decrease of approximately 0.25%[28]. - Total current assets decreased from CNY 825,231,639.21 to CNY 682,991,649.16, a decline of about 17.3%[28]. - Cash and cash equivalents decreased from CNY 67,247,457.41 to CNY 51,188,388.80, a decline of about 24%[32]. - Accounts receivable increased from CNY 188,773,853.24 to CNY 245,937,247.92, an increase of approximately 30.3%[32]. Cash Flow - The net cash flow from operating activities was CNY -13,324,458.40, representing a decrease of 208.91% year-on-year[7]. - The company reported a cash inflow from operating activities of ¥378,589,237.13, down from ¥478,604,078.53 in the previous period[53]. - The total cash inflow from operating activities was 399,317,068.22 yuan, down from 459,214,597.19 yuan in the previous period[58]. - The cash flow from financing activities was -123,445,190.30 yuan, compared to a positive cash flow of 1,362,259.06 yuan in the previous period[59]. - The net increase in cash and cash equivalents was -16,059,068.61 yuan, a decrease from -35,299,851.77 yuan in the previous period[59]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,523[11]. - The largest shareholder, Shi Xianggui, holds 22.64% of the shares, totaling 55,633,396 shares[11]. - The company did not engage in any repurchase transactions during the reporting period[12]. - The company repurchased 2,941,316 shares at a total cost of CNY 40,999,185.67, with a maximum price of CNY 14.56 per share[20]. - A cash dividend of CNY 4 per 10 shares was distributed, totaling CNY 52,185,348.40, while capital reserves were converted to increase share capital by 117,417,033 shares[22]. Expenses - Total operating costs increased to $176.87 million, up 2.08% from $172.16 million in the previous period[37]. - Sales expenses increased significantly to $6.99 million, up 52.93% from $4.58 million in the previous period[37]. - Research and development expenses remained relatively stable at $8.53 million, slightly down from $8.60 million in the previous period[37]. - Tax expenses for the current period were $2.20 million, down 44.00% from $3.99 million in the previous period[38]. - Financial expenses increased by 63.43% to CNY 2,107,932.69 mainly due to exchange rate fluctuations[18]. Other Financial Metrics - The weighted average return on net assets was 0.80%, down 0.61% from the previous year[7]. - The company reported non-recurring gains and losses of CNY 3,749,243.70 from government subsidies[8]. - The company experienced an asset impairment loss of ¥4,837,197.08, compared to a loss of ¥425,440.68 in the previous period[46]. - Other income increased to ¥3,749,243.70, up from ¥1,968,290.51 in the previous period[44].