寒锐钴业(300618) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 321,344,131.56, a decline of 51.08% year-on-year[9]. - Net profit attributable to shareholders of the listed company was CNY 36,228,699.68, a decrease of 79.00% compared to the same period last year[9]. - Basic earnings per share for the reporting period were CNY 0.13, down 79.69% year-on-year[9]. - Total revenue for the period was CNY 1,243,479,571.17, a decrease of 42.41% compared to CNY 2,159,256,696.52 in the same period last year, primarily due to falling product prices[28]. - Total operating revenue for the third quarter was CNY 321,344,131.56, a decrease of 51% compared to CNY 656,815,492.86 in the same period last year[61]. - The company's net profit for the period was CNY 2,661,258.42, compared to a loss in the previous year, indicating a turnaround in profitability[61]. - The company's operating revenue for the current period is ¥179,716,346.09, a decrease of 53.7% compared to ¥388,260,346.16 in the previous period[71]. - The net profit for the current period is ¥188,171,729.94, compared to a net loss of ¥28,243,685.81 in the previous period[74]. - The total comprehensive income for the current period is ¥188,171,729.94, a recovery from a loss of ¥28,243,685.81 in the previous period[74]. - The total comprehensive income amounted to CNY 288,596,388.96, a decrease of 84.1% compared to the previous period's CNY 45,767,275.50[90]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,200,081,411.67, a decrease of 7.26% compared to the end of the previous year[9]. - The company reported a total asset value of RMB 3,200,081,411.67, down from RMB 3,450,553,253.70[44]. - The total assets decreased to CNY 2,107,528,030.03 from CNY 2,296,317,269.55, indicating a strategic divestment of non-core assets[60]. - The company's total liabilities decreased by 39.53% in deferred tax liabilities, from CNY 335,005,379.28 to CNY 202,584,966.22, due to dividends from overseas subsidiaries[28]. - Total liabilities decreased to RMB 1,470,202,802.93 from RMB 1,551,338,376.55, indicating a reduction of approximately 5.2%[47]. - The total liabilities decreased to CNY 1,087,664,999.21 from CNY 1,378,166,639.20, showing improved financial stability[57]. - The total liabilities amounted to ¥1,378,166,639.20, with total equity at ¥918,150,630.35, resulting in total assets of ¥2,296,317,269.55[127]. Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 174,703,360.33, an increase of 911.45%[9]. - The company reported a significant increase in cash flow from operating activities, indicating improved liquidity despite declining revenues[9]. - Cash inflow from operating activities was CNY 1,495,739,558.76, down from CNY 1,968,076,861.12 in the previous period, representing a decline of 24%[91]. - Cash outflow for purchasing goods and services was CNY 1,054,594,573.45, compared to CNY 1,673,445,443.49 in the previous period, indicating a decrease of 37%[91]. - The net cash flow from operating activities was CNY 174,703,360.33, a significant increase from CNY 17,272,500.63 in the previous period[91]. - Cash inflow from investment activities totaled CNY 368,378,200.28, a substantial increase from CNY 51,138,084.77 in the previous period[94]. - Cash outflow for investment activities was CNY 711,427,759.96, compared to CNY 351,808,649.38 in the previous period, reflecting an increase of 102%[97]. - The net cash flow from financing activities was CNY -295,802,469.30, compared to CNY 140,206,972.60 in the previous period[97]. Shareholder Information - Net assets attributable to shareholders of the listed company were CNY 1,731,294,182.40, down 8.89% from the previous year[9]. - The top ten shareholders held a total of 58,989,952 shares, representing 21.94% of the total shares[14]. - The company did not engage in any repurchase transactions during the reporting period[20]. - The company distributed cash dividends of RMB 10.00 per 10 shares, totaling RMB 192 million, based on a total share capital of 192,000,000 shares as of December 31, 2018[33]. - The total share capital increased to 192,000,281 shares after the conversion of 281 shares from convertible bonds prior to the dividend distribution[34]. Research and Development - The company’s research and development expenses decreased by 33.85% from CNY 34,732,599.18 to CNY 22,974,483.55, attributed to lower material costs[28]. - Research and development expenses were CNY 9,513,369.96, slightly down from CNY 9,973,893.70, indicating a focus on cost management[61]. - Research and development expenses for the current period amount to ¥6,820,152.85, down from ¥9,973,893.70 in the previous period, indicating a 31.5% reduction[71]. - Research and development expenses decreased to approximately ¥22.97 million, down 33.9% from ¥34.73 million in the previous period[77]. Financial Management - The weighted average return on net assets was 2.15%, a decrease of 8.16% compared to the previous year[9]. - The company reported a significant reduction in accounts payable, which decreased to CNY 124,640,552.74 from CNY 423,585,124.44, suggesting improved cash flow management[57]. - The company's financial expenses decreased to ¥15,888,776.49 from ¥26,534,389.15, reflecting a 40.4% reduction[71]. - Financial expenses decreased significantly to approximately ¥22.73 million, down 65.1% from ¥65.20 million in the previous period[77]. Compliance and Governance - The company had no violations regarding external guarantees during the reporting period[37]. - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[39]. - The company has not undergone an audit for the third quarter report, indicating that the figures are unaudited[131].