横河精密(300539) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 151,299,566.73, an increase of 26.98% year-on-year[7]. - Net profit attributable to shareholders was CNY 5,911,099.19, representing a significant increase of 120.84% compared to the same period last year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 5,189,045.49, up 99.25% year-on-year[7]. - Basic earnings per share for the reporting period were CNY 0.0166, an increase of 66.00% compared to the same period last year[7]. - The weighted average return on equity was 1.19%, an increase of 64.00% year-on-year[7]. - The net profit for the third quarter of 2020 reached CNY 5,394,747.22, compared to CNY 2,639,338.30 in the previous year, indicating a significant increase of about 104.3%[50]. - The total profit for the third quarter was CNY 8,578,969.46, an increase from CNY 4,109,214.98, indicating a growth of approximately 108.0%[50]. - The basic earnings per share for the third quarter were CNY 0.0166, compared to CNY 0.01 in the same period last year, representing a growth of 66%[51]. - The comprehensive income for the third quarter totaled CNY 5,350,165.87, compared to CNY 2,651,651.64 in the previous year, indicating an increase of about 102.6%[51]. Cash Flow - The net cash flow from operating activities was CNY 1,400,032.94, a decrease of 89.76% compared to the previous year[7]. - As of September 30, 2020, the company's cash inflow from operating activities was CNY 386,260,962.33, down from CNY 460,103,830.39 in the previous year, indicating a decrease of approximately 16.1%[66]. - The net cash flow from operating activities for Q3 2020 was ¥35,378,763.68, an increase from ¥21,777,544.98 in Q3 2019, representing a growth of approximately 62.5%[68]. - The total cash inflow from investment activities was ¥54,945,524.83, significantly lower than ¥436,775,882.15 in the previous year, indicating a decrease of about 87.4%[68]. - The net cash flow from financing activities was -¥40,462,283.56, compared to a positive net flow of ¥57,264,029.49 in Q3 2019, reflecting a decline of approximately 170.8%[69]. - The company experienced a negative impact of -¥3,233,855.76 from exchange rate fluctuations on cash and cash equivalents[69]. - The net increase in cash and cash equivalents for Q3 2020 was -¥16,885,943.61, contrasting with an increase of ¥31,501,204.27 in Q3 2019, reflecting a decline of approximately 153.6%[69]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 972,359,678.14, a decrease of 3.10% compared to the end of the previous year[7]. - Total liabilities decreased to CNY 482,780,633.09 from CNY 512,740,270.33, a reduction of about 5.8%[41]. - Current liabilities totaled CNY 428,206,262.46, down from CNY 444,180,116.89, indicating a decrease of approximately 3.6%[41]. - Non-current liabilities decreased to CNY 54,574,370.63 from CNY 68,560,153.44, a decline of about 20.4%[41]. - Owner's equity totaled CNY 489,579,045.05, slightly down from CNY 490,718,195.52, a decrease of about 0.2%[43]. - Total liabilities to equity ratio stands at approximately 1.04, indicating a balanced capital structure[81]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,297[11]. - The largest shareholder, Hu Zhijun, holds 31.98% of the shares, amounting to 70,992,900 shares[11]. - The actual controller of the company, Mr. Hu Yongji, completed a share reduction plan, reducing his holdings from 2,809,545 shares (1.28%) to 0 shares[29]. - The company reported no violations regarding external guarantees during the reporting period[33]. - There were no non-operating fund occupations by the controlling shareholders or related parties during the reporting period[34]. Government Subsidies and Other Income - The company received government subsidies amounting to CNY 3,198,205.78 during the reporting period[9]. - Other income increased by CNY 1,367,665.14, up 74.71% year-on-year, primarily due to an increase in government subsidies related to daily revenue[23]. Investment and Projects - The company announced a delay in the completion of its investment projects to December 31, 2021, including the "Haidexin Project" and the "Jiaxing Project" for automotive components[27]. - The company completed the registration of its restricted stock incentive plan on July 23, 2020, in accordance with relevant regulations[26]. Expenses - Research and development expenses for the third quarter amounted to CNY 5,271,586.38, a decrease from CNY 6,224,717.86 in the same quarter last year, showing a reduction of about 15.3%[49]. - The total operating costs for the third quarter were CNY 142,347,122.75, compared to CNY 115,797,665.37 in the previous year, which is an increase of approximately 22.9%[49]. - The financial expenses for the third quarter were CNY 5,061,124.47, significantly higher than CNY 2,041,393.89 in the previous year, marking an increase of about 148.7%[49]. - The tax expenses for the third quarter were CNY 3,184,222.24, compared to CNY 1,469,876.68 in the same period last year, reflecting an increase of approximately 116.5%[50].