科信技术(300565) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the period reached CNY 259,656,573.39, a 136.89% increase year-on-year[9] - Net profit attributable to shareholders was CNY 7,999,941.89, reflecting a 136.36% increase compared to the same period last year[9] - The net profit after deducting non-recurring gains and losses was CNY 6,196,879.72, up 126.16% year-on-year[9] - Basic earnings per share rose to CNY 0.04, a 136.36% increase from the previous year[9] - The weighted average return on net assets improved to 1.20%, an increase of 138.83% compared to the previous year[9] - Total operating revenue for Q3 2020 reached CNY 259,656,573.39, a significant increase from CNY 109,608,608.89 in the previous period[46] - Net profit for Q3 2020 was CNY 7,999,941.89, a recovery from a net loss of CNY 22,001,433.36 in the same quarter last year[48] - The total profit for the current period was ¥1,673,721.56, a recovery from a loss of ¥56,990,154.65 in the previous period, showcasing improved financial performance[56] - The net profit for the current period was ¥21,406,944.22, recovering from a net loss of ¥52,955,481.20 in the previous period[61] Assets and Liabilities - Total assets increased by 23.87% to CNY 1,183,325,980.46 compared to the end of the previous year[9] - The company's current assets totaled CNY 695,198,754.56, up from CNY 554,913,890.63 at the end of 2019, reflecting a growth of approximately 25.3%[38] - The company's total liabilities rose to CNY 513,026,935.40 from CNY 287,884,090.85, marking an increase of about 78.2%[40] - The company's short-term borrowings increased to CNY 135,130,843.75 from CNY 25,032,625.00, reflecting a significant rise of about 440.5%[40] - The company's total liabilities increased significantly, with accounts payable rising by 88.42 million yuan, a growth of 58.13%, due to increased procurement from suppliers[17] - The company's total liabilities rose to CNY 518,788,205.57, compared to CNY 291,107,660.21 in the previous year[44] Cash Flow - The net cash flow from operating activities was negative at CNY -17,619,622.95, a decrease of 4.39% year-on-year[9] - The company’s cash flow from operating activities increased by 15.35 million yuan, a growth of 99.40%, mainly due to increased government subsidies received[19] - The cash flow from operating activities showed a net outflow of ¥108,222,797.76, worsening from a net outflow of ¥80,043,802.67 in the previous period[65] - Total cash inflow from operating activities amounted to 387,166,221.60, an increase from 353,707,871.58 in the previous period, reflecting a growth of about 9.4%[69] Shareholder Information - The total number of shareholders at the end of the reporting period was 14,982[13] - The largest shareholder, Chen Dengzhi, holds 12.63% of the shares, amounting to 26,277,420 shares[13] - The company’s employee stock ownership plan has accumulated 700,480 shares purchased in the secondary market, accounting for 0.34% of the total share capital, at an average price of 14.98 yuan per share[25] Research and Development - Research and development expenses rose by 13.61 million yuan, a growth of 49.99%, attributed to the consolidation of newly acquired subsidiaries[18] - Research and development expenses for Q3 2020 were CNY 14,534,364.67, up from CNY 9,738,736.64 in the same period last year[47] - Research and development expenses amounted to ¥8,922,480.38, slightly down from ¥9,333,241.34 in the previous period, reflecting a focus on cost management[51] - Research and development expenses for the current period were ¥24,028,773.54, slightly down from ¥26,137,827.14 in the previous period[59] Financing Activities - The company plans to issue up to 41.60 million A-shares to raise no more than 420.99 million yuan for "5G communication efficient energy research and industrialization projects" and to supplement working capital[21] - The company reported cash inflows from financing activities of ¥216,806,555.14, compared to ¥55,057,259.71 in the previous period, indicating increased financing efforts[66] - The net cash flow from financing activities was 73,932,081.31, compared to 9,378,867.83 in the previous period, reflecting an increase of about 688.5%[70] Other Financial Metrics - The company achieved a gross profit margin of approximately 25.4% for the current period, compared to 18.0% in the previous period[59] - The company experienced a credit impairment loss of ¥4,620,916.33, contrasting with a gain of ¥1,889,503.28 in the previous period, highlighting challenges in asset quality[56] - The total comprehensive income for the current period was ¥21,272,960.50, compared to a loss of ¥53,007,535.20 in the previous period[62]