AIM(SZ:300446)2020-10-22 16:00Financial Performance - Operating revenue for the reporting period was ¥14,449,572.40, representing a decline of 80.49% year-on-year[8]. - Net profit attributable to shareholders was ¥-3,840,449.51, down 113.42% compared to the same period last year[8]. - Basic earnings per share for the reporting period was ¥-0.0190, a decrease of 113.46% year-on-year[8]. - The weighted average return on net assets was -0.58%, down 5.11% compared to the previous year[8]. - The net profit for the period was -25,531,430.67, down 133.25% from 76,778,700.93 year-over-year, largely due to reduced sales in anti-counterfeiting materials[23]. - The total profit for the current period is a loss of ¥3,856,305.71, compared to a profit of ¥33,191,063.63 in the previous period, representing a decline of approximately 111.6%[64]. - The company anticipates a substantial decline in revenue and net profit for the fiscal year 2020, with a projected revenue of approximately ¥71 million, down from ¥278.58 million in the previous year, representing a decrease of 74.5%[30]. - The net profit attributable to shareholders is expected to be a loss of ¥30 million, a decrease of 127.37% compared to the previous year's profit of ¥109.61 million[30]. Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥698,228,691.41, a decrease of 5.66% compared to the end of the previous year[8]. - Total liabilities decreased from ¥48,516,386.56 to ¥36,780,028.45, a decline of about 24.2%[47]. - Owner's equity decreased from ¥691,585,092.94 to ¥661,448,662.96, a decrease of approximately 4.4%[50]. - Total current assets amounted to ¥463.95 million, a decrease from ¥519.55 million at the end of the previous period[41]. - Total liabilities reached ¥48,366,522.03, with current liabilities at ¥30,281,638.31 and non-current liabilities at ¥18,084,883.72[119]. Cash Flow - The net cash flow from operating activities was ¥15,359,052.04, a decrease of 14.57% compared to the same period last year[8]. - The company reported a 212.21% increase in net cash generated from cash and cash equivalents, totaling 6,622,409.46 compared to -5,901,943.58 in the previous year[23]. - Cash inflow from operating activities totaled 143,217,895.56, a decrease of 29.6% from 203,545,678.75 in the previous period[93]. - Cash outflow from operating activities was 91,440,675.84, down from 149,058,971.10, resulting in a net cash flow from operating activities of 51,777,219.72[93]. - The net increase in cash and cash equivalents was 6,622,409.46, compared to a decrease of -5,901,943.58 in the previous period[96]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,344[12]. - The largest shareholder, China Lucky Group Company, held 30.61% of the shares, totaling 62,023,754 shares[12]. - The company has declared a cash dividend of ¥0.25 per share, totaling ¥4.605 million, based on a total share capital of 184.2 million shares[31]. Operational Challenges - The thermal magnetic ticket production line has been suspended since June 2020, with no orders received, leading to significant adverse effects on revenue, cash flow, and operating profit[29]. - The company is facing a risk of being delisted due to the significant impact of the suspension of thermal magnetic ticket production on its financial performance[32]. - The company’s management expenses increased by 98.85% to 16,186,785.16 from 8,140,289.74 year-over-year, primarily due to losses from the shutdown of the thermal magnetic ticket production line[23]. Other Financial Metrics - Cash and cash equivalents increased by 44.61% to 16,152,450.75 from 11,169,340.69 year-over-year[21]. - Accounts receivable decreased by 82.41% to 14,215,258.40 from 80,811,292.25 year-over-year due to improved collection from major clients[21]. - Research and development expenses for the current period are ¥6,718,817.64, slightly down from ¥6,998,631.90 in the previous period, reflecting a decrease of about 4%[62]. - The company reported investment income of ¥2,720,490.75 for the current period, a substantial increase from ¥238,207.72 in the previous period, showing an increase of approximately 1034.5%[62].