精测电子(300567) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was ¥103,320,003.70, representing a significant increase of 64.62% year-on-year[4] - Operating revenue for the reporting period was ¥504,586,305.25, a slight decrease of 0.45% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥99,593,354.95, up 78.57% year-on-year[4] - Basic earnings per share for the reporting period was ¥0.42, an increase of 68.00% compared to the same period last year[4] - The weighted average return on equity was 6.76%, down 2.06% from the previous year[4] - The company reported a net profit for Q3 2020 of CNY 102,380,817.35, representing an increase of 66.5% from CNY 61,516,683.72 in Q3 2019[40] - The total profit for Q3 2020 was CNY 109,299,316.80, an increase of 54.7% compared to CNY 70,685,345.87 in Q3 2019[40] - The net profit from continuing operations for the third quarter was CNY 36,710,151.51, compared to a loss of CNY 148,820,033.81 in the same period last year[51] Cash Flow - The net cash flow from operating activities was ¥277,343,299.13, indicating a significant recovery from a negative cash flow of ¥64,451,780.90 in the previous period[4] - Cash inflow from operating activities was CNY 1,486,398,969.26, an increase from CNY 1,186,808,421.11 in the previous year[53] - Cash outflow from operating activities totaled CNY 1,550,850,750.16, compared to CNY 1,683,126,304.85 in the same period last year[53] - The net cash flow from operating activities was a loss of CNY 64,451,780.90, improving from a loss of CNY 496,317,883.74 year-on-year[53] - The net cash flow from financing activities was CNY 371,959.11, a decrease from CNY 910,151,188.50 year-on-year[54] - The ending cash and cash equivalents balance was CNY 796,557,730.17, compared to CNY 524,259,877.07 at the end of the previous year[54] Assets and Liabilities - Total assets at the end of the reporting period reached ¥4,546,562,875.74, an increase of 7.00% compared to the end of the previous year[4] - Total liabilities increased to CNY 2,900,914,549.06 from CNY 2,766,497,237.28, reflecting a growth of approximately 4.85%[34] - The company's equity attributable to shareholders rose to CNY 1,607,996,352.12 from CNY 1,448,658,544.91, marking an increase of approximately 11%[34] - The company's cash and cash equivalents decreased to RMB 930.54 million from RMB 1.10 billion at the end of 2019, representing a decline of approximately 15.7%[31] Inventory and Receivables - Accounts receivable decreased by 33.26% to ¥21,611,882.70 due to the collection of maturing notes[15] - Inventory increased by 57.55% to ¥1,013,745,812.76 as a result of stockpiling for future orders[15] - The company's accounts receivable increased to RMB 899.56 million from RMB 860.34 million, showing a growth of approximately 4.6%[31] - The company's inventory increased significantly to RMB 1.01 billion, up from RMB 643.44 million, reflecting a growth of approximately 57.3%[31] Financial Expenses - Financial expenses rose by 99.22% to ¥49,754,548.89 primarily due to increased bank loans[16] - The financial expenses rose to CNY 22,922,906.39, an increase of 70.9% from CNY 13,417,970.19 in the previous year[39] - Financial expenses increased to CNY 49,754,548.89 from CNY 24,974,096.52, primarily due to higher interest expenses[46] Government Subsidies and Other Income - The company received government subsidies amounting to ¥12,751,258.44 during the reporting period[6] - The company’s other income decreased by 37.68% to ¥41,309,220.91, mainly due to a reduction in software tax refunds[16] - The company’s other income decreased to CNY 17,207,746.42, down 20.3% from CNY 21,630,739.14 in Q3 2019[39] Stock and Shareholder Information - The total number of shareholders at the end of the reporting period was 26,236[8] - The company did not engage in any repurchase transactions among the top ten shareholders during the reporting period[9] - The company repurchased and canceled 83,000 restricted stocks at a price of 45.38 CNY per share, reducing the total number of unvested restricted stocks from 1,907,000 to 1,824,000[19] - The company approved the unlocking of 1,592,100 restricted stocks for 106 eligible participants, representing 0.6454% of the total share capital[22] Investment Activities - The company recorded an investment loss of ¥10,001,961.33, mainly from losses on investments in associates[15] - The company reported an investment loss of CNY -10,001,961.33, compared to a loss of CNY -1,576,797.61 in the previous period[46] Future Outlook - The company aims to enhance market expansion and product development strategies in the upcoming quarters[47]