四方精创(300468) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥143,060,051.99, representing a year-on-year growth of 23.63%[7] - Net profit attributable to shareholders was ¥25,439,245.70, a modest increase of 1.36% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥23,779,725.67, up by 9.26% year-on-year[7] - The company reported a significant increase in other receivables by 178.68% to ¥11,144,903.39 from ¥3,999,241.41, mainly due to increased project deposits[17] - The net profit for the period was not explicitly stated, but the increase in operating revenue suggests a positive trend in profitability[35] - The total profit for the quarter was CNY 26,062,848.33, down from CNY 27,502,298.40, indicating a decline in profitability[37] - The net profit for the third quarter was CNY 50,908,880.18, compared to CNY 56,736,026.73 in the previous year, indicating a decrease of about 10.5%[46] - The total comprehensive income for the third quarter was CNY 43,852,287.59, down from CNY 58,451,414.18, a decrease of approximately 25.1%[46] Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,198,775,277.64, a slight increase of 0.11% compared to the end of the previous year[7] - The total liabilities decreased to CNY 67,905,309.00 from CNY 94,976,325.19, a reduction of approximately 28.5%[30] - The total equity attributable to shareholders increased to CNY 1,130,869,968.64 from CNY 1,102,435,617.35, showing a growth of about 2.6%[30] - The company's total assets at the end of the quarter were CNY 395,116,325.77, an increase from CNY 327,803,972.64 year-over-year, indicating growth in asset base[43] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥145,536,285.08, a significant decline of 772.43%[7] - Total cash inflow from operating activities was 264,551,310.53 CNY, compared to 367,304,584.07 CNY in the same period last year, reflecting a decline of approximately 28%[52] - The net cash flow from investing activities was -5,904,339.17 CNY, an improvement from -13,272,750.25 CNY in the previous year[53] - The net cash flow from financing activities was -30,100,682.30 CNY, compared to -102,226,494.98 CNY in the previous period, indicating a significant reduction in cash outflow[54] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 43,446[10] - The largest shareholder, Yiqun Group Holdings Limited, held 24.45% of the shares, amounting to 69,280,501 shares[10] - There were no changes in the company's total share capital due to new share issuance or other equity-related activities during the reporting period[7] Expenses - Sales expenses increased by 96.84% to ¥4,643,339.95 from ¥2,358,912.44, mainly due to higher sales personnel compensation[17] - Management expenses increased by 39.42% to ¥77,487,437.34 from ¥55,579,985.88, primarily due to increased employee compensation[17] - Research and development expenses for the quarter were CNY 20,101,799.45, compared to CNY 18,733,577.20 in the previous year, indicating an increase of approximately 7.3%[36] Investment Income - Investment income rose by 189.07% to ¥1,594,577.10 from ¥551,632.26, driven by increased long-term equity investment income[17] - The company reported an investment income of CNY 2,927,672.02, a significant improvement from a loss of CNY 1,261,403.30 in the same quarter last year[36] Cash and Cash Equivalents - Cash and cash equivalents decreased by 34.89% to ¥343,066,653.30 from ¥526,922,052.54 due to increased employee compensation payments and reduced accounts receivable collections[17] - The ending balance of cash and cash equivalents was 338,087,708.85 CNY, down from 441,684,831.04 CNY, reflecting a decrease of about 24%[53] Other Financial Metrics - The weighted average return on equity was 2.27%, down by 2.18% compared to the previous year[7] - Basic and diluted earnings per share for the quarter were both CNY 0.0898, compared to CNY 0.0885 in the previous period, showing a slight increase[38] - The company's credit impairment losses for the third quarter were reported at -CNY 1,845,176.50, compared to CNY 1,114,188.33 in the previous year, indicating a deterioration in credit quality[45]