友讯达(300514) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 117,662,651.12, down 32.31% year-on-year[8] - Net profit attributable to shareholders was a loss of CNY 6,000,938.87, a decline of 153.52% compared to the same period last year[8] - Basic earnings per share were -CNY 0.0300, a decrease of 153.48% year-on-year[8] - The company reported a net profit excluding non-recurring gains and losses of -CNY 7,544,599.83, a decrease of 173.62% year-on-year[8] - The total operating revenue for the third quarter was CNY 117,662,651.12, a decrease from CNY 173,827,325.93 in the previous period[40] - The net profit for Q3 2020 was a loss of CNY 6,000,938.87, compared to a profit of CNY 11,212,544.88 in Q3 2019, indicating a significant decline[42] - The operating profit for the quarter was a loss of CNY 6,054,038.31, contrasting with a profit of CNY 12,801,989.31 in the previous year[42] - The total operating revenue for the year-to-date was CNY 425,784,457.53, down from CNY 442,425,387.32 in the previous year[49] - The total profit for Q3 2020 was CNY 13,523,669.29, a decrease of 42.3% from CNY 23,428,580.18 in the previous year[50] Assets and Liabilities - Total assets at the end of the reporting period were CNY 883,553,487.28, a decrease of 22.95% compared to the previous year[8] - Total liabilities decreased to CNY 312,118,104.23 from CNY 574,884,895.19 year-over-year[33] - Current liabilities totaled CNY 279,848,845.37, down from CNY 537,557,142.36 in the previous period[33] - Non-current assets increased to CNY 154,841,395.28 from CNY 135,239,752.58 year-over-year[34] - Cash and cash equivalents decreased by 52.36% to ¥151,563,187.60 from ¥318,153,350.47, primarily due to the purchase of financial products[18] - Accounts receivable decreased by 36.71% to ¥225,262,258.60 from ¥355,918,817.76, attributed to increased customer payments during the period[18] - The company's equity totaled CNY 571,435,383.05, slightly down from CNY 571,896,740.73 year-over-year[34] - Long-term borrowings were CNY 31,368,750.00, down from CNY 35,401,875.00 in the previous period[33] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 85,659,687.70, an increase of 576.27%[8] - The company experienced a 100.79% decline in net cash flow from investing activities to -¥213,200,970.88, mainly due to the purchase of financial products[21] - The net cash flow from operating activities for Q3 2020 was ¥85,659,687.70, a significant improvement compared to a negative cash flow of ¥17,985,685.28 in Q3 2019, representing a turnaround of over 576%[59] - Total cash inflow from investment activities reached ¥665,939,031.09, compared to only ¥23,970,143.08 in the same period last year, indicating a year-over-year increase of approximately 2,776%[60] - The net cash flow from financing activities was negative at ¥21,332,374.81, contrasting with a positive cash flow of ¥27,017,587.72 in the same quarter last year[60] Shareholder Information - The total number of shareholders at the end of the reporting period was 12,279[12] - The largest shareholder, Cui Tao, holds 24.19% of the shares, totaling 48,384,000 shares[12] - The company did not engage in any repurchase transactions during the reporting period[13] Expenses - The total operating costs amounted to CNY 131,260,671.61, down from CNY 168,416,777.50, reflecting a reduction of 22.0%[41] - Research and development expenses were CNY 13,018,716.31, slightly down from CNY 14,607,385.87, showing a decrease of 10.9%[41] - Sales expenses for Q3 2020 were CNY 42,510,476.66, down 24.9% from CNY 56,579,546.24 in the same quarter last year[50] - The company incurred income tax expenses of CNY 3,970,843.89 in Q3 2020, an increase of 51.1% from CNY 2,628,942.19 in Q3 2019[50] Other Financial Metrics - The weighted average return on net assets was -1.06%, down from -3.17% in the previous year[8] - The company reported a credit impairment loss of CNY 3,593,145.12, significantly higher than CNY 593,446.56 in the previous year[41] - The company reported a credit impairment loss of CNY 8,487,249.08 in Q3 2020, compared to a reversal of CNY 2,790,696.40 in Q3 2019[50] - The company executed the new revenue recognition standard starting January 1, 2020, impacting financial reporting[69] - The report for the third quarter was not audited[75]