江丰电子(300666) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥221,444,465.36, representing a year-on-year increase of 27.78%[9] - Net profit attributable to shareholders was ¥18,738,602.85, a decrease of 9.01% compared to the same period last year[9] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥3,769,071.47, down 80.65% year-on-year[9] - Basic earnings per share for the reporting period was ¥0.09, unchanged from the previous period[9] - The weighted average return on net assets was 2.97%, a decrease of 0.53% compared to the previous year[9] - The company reported a 55.95% decrease in income tax expenses to CNY 1,921,531.28, due to a decline in taxable income and increased R&D expense deductions[26] - The net profit for the current period was ¥19,372,693.44, a decrease of 5.3% from ¥20,455,086.76 in the previous period[66] - The net profit for the current period was ¥26,478,611.99, up from ¥24,018,818.71 in the previous period, reflecting a growth of 10.2%[76] - The company's net profit for the current period is ¥32,708,890.15, a decrease of 27.2% compared to ¥44,862,679.50 in the previous period[85] - The total comprehensive income for the current period was ¥26,478,611.99, compared to ¥24,018,818.71 in the previous period, indicating an increase of 10.2%[78] - The total comprehensive income for the current period is ¥33,546,659.62, down 26.8% from ¥45,872,981.93 in the previous period[89] Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,467,564,106.76, an increase of 1.62% compared to the end of the previous year[9] - The company's net assets attributable to shareholders increased to ¥645,255,158.80, up 5.18% from the previous year[9] - The company's total assets increased to ¥1,514,114,459.49, compared to ¥1,453,954,754.00 in the previous period, marking a growth of 4.1%[62] - The company's total liabilities decreased slightly from CNY 828,277,895.52 to CNY 815,711,929.96, a reduction of about 1.5%[49] - Total liabilities rose to ¥830,895,762.02, slightly up from ¥819,425,170.45, indicating a 0.6% increase[62] - The company's equity totaled ¥683,218,697.47, an increase from ¥634,529,583.55, representing a growth of 7.7%[62] - The company's current assets totaled CNY 833,638,737.18, down from CNY 902,490,971.42 at the end of 2018, indicating a decrease of approximately 7.6%[43] - The company's total current liabilities were CNY 781,497,003.44, with accounts payable at CNY 121,005,016.96[118] Cash Flow - The net cash flow from operating activities for the year-to-date reached ¥110,790,868.14, an increase of 740.40%[9] - The net cash increase in cash and cash equivalents decreased by 393.27% to -CNY 268,720,049.56, mainly due to reduced cash flow from investment and financing activities[29] - Operating cash inflow totaled CNY 604,744,731.02, an increase from CNY 509,097,152.45 in the previous period[108] - Operating cash outflow amounted to CNY 489,985,145.51, compared to CNY 502,877,008.45 in the prior period[108] - Net cash flow from operating activities was CNY 114,759,585.51, significantly up from CNY 6,220,144.00 in the previous period[108] - Investment cash outflow reached CNY 717,877,803.89, compared to CNY 158,892,879.47 in the prior period[108] - Net cash flow from investing activities was -CNY 264,000,796.66, worsening from -CNY 125,642,879.47 in the previous period[108] - Financing cash inflow totaled CNY 536,313,822.07, slightly up from CNY 506,105,879.40 in the prior period[111] - Financing cash outflow was CNY 662,064,155.23, compared to CNY 300,231,654.31 in the previous period[111] - Net cash flow from financing activities was -CNY 125,750,333.16, a decline from CNY 205,874,225.09 in the prior period[111] Investments and Expenditures - The company has invested RMB 125,000,000.00 in held-for-sale assets, indicating strategic investment activities[23] - R&D expenses rose by 39.74% to CNY 44,842,780.73, attributed to ongoing and new R&D projects[26] - Research and development expenses for the current period were ¥15,287,181.85, compared to ¥12,665,244.10 in the previous period, reflecting a 20.7% increase[63] - Research and development expenses increased to ¥33,325,098.45, up 24.5% from ¥26,785,915.55 in the previous period[92] - The company received government subsidies amounting to ¥29,065,090.51 during the reporting period[9] - Cash received from government subsidies increased by 623.14% to CNY 77,945,258.52[29] Shareholder Information - The total number of shareholders at the end of the reporting period was 31,677, with the top ten shareholders holding a combined 78.09% of shares[13] - The company did not engage in any repurchase transactions during the reporting period[20] - The company plans to issue shares and pay cash to acquire 100% equity of Silverac Stella (Cayman) Limited, pending board and regulatory approvals[30] Other Financial Metrics - The company reported a financial expense of -¥378,686.02, a significant improvement compared to -¥2,576,968.27 in the previous period[75] - Other income for the current period was ¥17,645,093.76, a substantial increase from ¥752,360.50 in the previous period[75] - The company experienced a significant increase in financial expenses, totaling ¥9,644,000.05 compared to ¥254,894.67 in the previous period[93] - Tax and additional fees increased by 93.77% to CNY 3,677,049.23, reflecting the expansion of the company's business scale[26]