*ST美尚(300495) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the current period was CNY 443,041,339.39, a 3.51% increase year-on-year[8] - Net profit attributable to shareholders decreased by 8.24% to CNY 57,671,182.61 compared to the same period last year[8] - Basic earnings per share decreased by 11.40% to CNY 0.0925[8] - The company's operating revenue for Q3 2019 was CNY 1,253,793,479.60, a decrease of 15.41% compared to the same period last year[20] - The net profit for Q3 2019 was CNY 57,774,939.06, a decrease of 8.3% from CNY 62,837,149.09 in Q3 2018[39] - Basic earnings per share for Q3 2019 were CNY 0.0925, down from CNY 0.1044 in the previous year[40] - The net profit for the current period is ¥113,547,041.81, up from ¥51,084,297.45 in the previous period, indicating a growth of approximately 122%[52] - The total profit for the current period is ¥137,664,613.10, compared to ¥68,385,989.69 in the previous period, reflecting an increase of about 101%[52] Assets and Liabilities - Total assets increased by 16.14% to CNY 9,526,471,444.71 compared to the end of the previous year[8] - Long-term receivables increased by 37.54% to CNY 2,765,956,186.94, driven by increased revenue recognition from PPP and EPC projects[20] - Total current liabilities increased to RMB 4,267,041,933.46 from RMB 3,936,006,489.10, reflecting a rise of approximately 8.4%[30] - Total liabilities increased to CNY 4,951,517,377.93, with current liabilities at CNY 3,936,006,489.10 and non-current liabilities at CNY 1,015,510,888.83[65] - The company's total assets reached RMB 9,526,471,444.71, an increase from RMB 8,202,293,509.51 at the end of 2018, representing a growth of approximately 16.1%[28] - The company's inventory stood at RMB 1,477,032,764.38, slightly up from RMB 1,475,169,724.17, indicating a marginal increase of about 0.1%[28] Shareholder Information - Net assets attributable to shareholders increased by 33.42% to CNY 4,285,083,155.81 compared to the end of the previous year[8] - The company reported a total of 35,881 common shareholders at the end of the reporting period[12] - The largest shareholder, Wang Yingyan, holds 37.15% of the shares, amounting to 250,479,882 shares[12] - The company's total equity as of September 30, 2019, was RMB 4,324,552,025.12, compared to RMB 3,250,776,131.58 at the end of 2018, marking an increase of around 33.0%[31] Cash Flow - The net cash flow from operating activities showed a significant decline of 345.01%, amounting to CNY -221,389,738.04[8] - Cash and cash equivalents increased to CNY 225,675,631.17, a significant change from CNY -52,740,660.59 in the previous year[20] - The company's operating cash flow for the current period is negative at -¥221,389,738.04, worsening from -¥49,749,353.49 in the previous period[56] - Operating cash inflow totaled ¥710,945,580.27, down from ¥1,002,547,537.80 in the previous period, representing a decrease of approximately 29%[59] Research and Development - Research and development expenses increased by 212.59% to CNY 33,607,096.34 due to increased investment in R&D[20] - Research and development expenses for Q3 2019 were CNY 7,380,487.25, compared to CNY 3,675,761.98 in Q3 2018, marking a significant increase of 100.5%[38] - The company incurred research and development expenses of ¥30,076,519.85, significantly higher than ¥12,592,301.09 in the previous period, indicating a focus on innovation[51] Financial Position - The weighted average return on equity was 1.34%, down by 0.57% compared to the same period last year[8] - The company's long-term borrowings decreased by 38.55% to CNY 133,668,787.34 due to increased repayments[20] - The company's capital reserve increased to RMB 2,303,079,249.28 from RMB 1,533,121,070.32, representing a growth of approximately 50.2%[31] - The company has no violations regarding external guarantees during the reporting period[23] Other Financial Metrics - The company reported a credit impairment loss of CNY -9,261,459.44, indicating challenges in asset quality[43] - The company reported a credit impairment loss of -¥36,646,806.77, which is a significant increase compared to the previous period's loss of -¥12,592,439.51[51] - The company’s management expenses increased to CNY 94,849,361.10 from CNY 82,072,295.71 year-on-year, indicating higher operational costs[47]