润欣科技(300493) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥393,889,996.54, reflecting a year-on-year increase of 1.67%[7] - Net profit attributable to shareholders was ¥13,787,179.59, a significant increase of 149.37% year-on-year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥13,809,981.33, up 153.05% compared to the same period last year[7] - Basic earnings per share for the reporting period was ¥0.029, representing a 141.67% increase year-on-year[7] - Total profit increased by 39.69% to ¥38,450,245.17 compared to ¥27,525,899.12, driven by an increase in gross margin and a decrease in financial expenses[15] - The company reported a net profit of CNY 23,033,061.98 for the current period, compared to CNY 17,189,816.49 in the previous period, representing an increase of approximately 34.0%[34] - The net profit for Q3 2020 reached CNY 13,903,501.98, up from CNY 5,543,886.91 in the same period last year, indicating a growth of approximately 150%[38] - The company's operating revenue for the first three quarters of 2020 reached ¥494,980,205.27, an increase of 18.3% compared to ¥418,557,943.49 in the same period last year[48] - The net profit attributable to the parent company was ¥31,355,556.12, up 21.3% from ¥25,894,134.78 in the previous year[47] Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,050,970,696.84, an increase of 7.89% compared to the previous year[7] - Total liabilities increased to CNY 291,590,046.46 from CNY 227,182,632.58 year-over-year, reflecting a rise of approximately 28.4%[30] - Current liabilities totaled CNY 280,152,816.61, compared to CNY 217,440,594.02 in the previous year, representing an increase of about 28.8%[30] - The company's equity attributable to shareholders was CNY 755,779,831.86, compared to CNY 743,584,948.55 in the previous period, reflecting a growth of about 1.5%[31] - Total assets as of September 30, 2020, amounted to CNY 1,050,970,696.84, up from CNY 974,077,992.97 at the end of 2019[31] Cash Flow - The net cash flow from operating activities was -¥32,796,528.91, a decrease of 2.74% compared to the previous period[7] - Net cash flow from operating activities decreased by 63.70% to ¥82,914,851.61 from ¥228,406,061.67, attributed to changes in cash inflows and outflows[17] - Net cash flow from investing activities was significantly positive at ¥199,216,365.54, primarily due to equity transfer payments received[17] - The net cash flow from operating activities for Q3 2020 was ¥82,914,851.61, a decrease of 63.7% compared to ¥228,406,061.67 in Q3 2019[53] - Total cash inflow from operating activities was ¥1,039,188,404.22, down from ¥1,159,593,278.98 in the previous year, reflecting a decline of approximately 10.4%[53] - The cash outflow for purchasing goods and services was ¥871,167,690.67, which is an increase from ¥842,863,260.35 in Q3 2019[53] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 37,518[11] - The largest shareholder, Shanghai Runxin Information Technology Co., Ltd., holds 30.07% of the shares, totaling 143,437,500 shares[11] Government Subsidies and Other Income - The company received government subsidies amounting to ¥1,938,636.91 during the reporting period[8] - The company reported an investment income of ¥14,572,681.13, an increase from ¥13,547,519.89 year-over-year[46] Comprehensive Income - The total comprehensive income for the period was ¥22,026,669.21, compared to ¥40,898,304.08 in the previous year, reflecting a decrease in other comprehensive income[47] - Other comprehensive income decreased by 43.65% to ¥12,418,087.01 from ¥22,037,380.58, mainly due to exchange rate fluctuations affecting translation differences[15] Research and Development - Research and development expenses increased to CNY 8,458,718.23 from CNY 6,401,435.28, reflecting a year-over-year growth of about 32%[38] - Research and development expenses were ¥18,637,096.67, slightly down from ¥18,842,736.33, indicating a focus on maintaining R&D investment[48] Credit and Financial Management - The company experienced a credit impairment loss of CNY -2,603,851.62, compared to CNY -239,738.05 in the previous period, indicating a worsening of credit quality[38] - The company experienced a credit impairment loss of ¥3,674,345.11, compared to a loss of ¥410,346.88 in the previous year, indicating increased credit risk[46] - The company's financial expenses turned from a cost of ¥7,156,812.45 in the previous year to a gain of ¥110,244.46, indicating better management of financial costs[46] Changes in Accounting Standards - The company has implemented a new revenue recognition standard, reclassifying "pre-receivables" to "contract liabilities" effective January 1, 2020[66] - The company has implemented new revenue and lease standards starting from 2020, with retrospective adjustments to prior comparative data[67]