世名科技(300522) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the period reached CNY 119,086,353.34, a year-on-year increase of 22.18%[8] - Net profit attributable to shareholders was CNY 33,172,526.65, reflecting a growth of 23.96% year-on-year[8] - Basic earnings per share rose by 26.77% to CNY 0.1885[8] - The weighted average return on net assets was 4.85%, an increase of 0.53% compared to the previous year[8] - Total operating revenue for Q3 2020 was CNY 119,086,353.34, an increase of 22.2% compared to CNY 97,470,518.09 in Q3 2019[42] - Operating profit for Q3 2020 reached CNY 36,114,827.79, up 28.5% from CNY 28,105,951.69 in the same period last year[43] - Net profit attributable to shareholders for Q3 2020 was CNY 33,172,526.65, representing a 24.5% increase from CNY 26,760,281.04 in Q3 2019[44] - Basic earnings per share for Q3 2020 were CNY 0.1885, compared to CNY 0.1487 in Q3 2019, indicating a growth of 26.8%[44] Asset and Liability Changes - Total assets increased by 28.68% to CNY 913,123,205.14 compared to the end of the previous year[8] - The total assets of the company as of September 30, 2020, amounted to 913.12 million yuan, an increase from 709.62 million yuan at the end of 2019, reflecting a growth of approximately 28.6%[36] - The company's current assets as of September 30, 2020, were reported at 575.96 million yuan, compared to 480.72 million yuan at the end of 2019, indicating an increase of about 19.8%[33] - The company's total liabilities as of September 30, 2020, were 205.59 million yuan, up from 63.22 million yuan at the end of 2019, representing a significant increase of approximately 225.5%[35] - The company's total liabilities increased to CNY 202,843,298.86 in Q3 2020, up from CNY 176,948,163.33 in Q3 2019, marking a rise of 14.6%[39] - The company’s total liabilities to equity ratio stands at approximately 28.5%, reflecting a conservative leverage position[73][74] Cash Flow Analysis - The net cash flow from operating activities surged by 246.52% to CNY 9,610,309.81[8] - Cash flow from operating activities rose by 246.52% to ¥9,610,309.81, mainly due to a decrease in cash paid for goods and services[23] - Cash flow from operating activities generated a net amount of CNY 9,610,309.81, an increase of 246.5% from CNY 2,773,412.53 in the same period last year[59] - Cash flow from investing activities resulted in a net outflow of CNY 55,877,361.28, contrasting with a net inflow of CNY 22,557,034.34 in the previous year[60] - Cash flow from financing activities yielded a net inflow of CNY 52,309,811.85, compared to a net outflow of CNY 84,183,183.68 in the same period last year[60] Shareholder Information - The company reported a total of 6,681 common shareholders at the end of the reporting period[12] - The largest shareholder, Lv Shiming, holds 40.38% of the shares, amounting to 72,979,548 shares[12] Government Subsidies and Non-Recurring Items - The company received government subsidies totaling CNY 1,864,527.68 during the reporting period[10] - Non-recurring gains and losses amounted to CNY 2,967,154.98, primarily from government subsidies and financial asset management[10] Investment and Acquisitions - Goodwill increased to ¥48,218,273.35 following the acquisition of Yueyang Kaimen Water-based Additives Co., Ltd.[20] - The company completed the acquisition of 100% equity in Yueyang Kaimen Water-based Additives Co., Ltd. for a total investment of 69.5 million yuan, making it a wholly-owned subsidiary[24] Research and Development - Research and development expenses for Q3 2020 amounted to CNY 6,608,064.42, a significant increase of 38.3% compared to CNY 4,783,088.51 in Q3 2019[42] - Research and development expenses for Q3 2020 amounted to CNY 17,587,369.29, slightly up from CNY 16,343,429.53 in Q3 2019, showing a year-over-year increase of 7.6%[51] Other Financial Metrics - The company experienced a 39.53% decline in other income to ¥2,031,048.86, primarily due to the completion of government subsidy projects from the previous year[22] - Financial expenses decreased by 205.29% to -¥1,235,702.96, driven by increased interest income from fixed-income structured deposits[22] - The company reported a 39.65% decrease in investment income to ¥1,704,892.60, due to a reduction in non-fixed income structured deposits[22]