精研科技(300709) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥483,116,204.36, representing a year-on-year increase of 67.42%[9] - Net profit attributable to shareholders was ¥53,462,930.89, up 82.64% year-on-year[9] - Net profit attributable to shareholders after deducting non-recurring gains and losses was ¥65,068,494.09, an increase of 131.19% compared to the same period last year[9] - Basic earnings per share for the reporting period was ¥0.60, reflecting an increase of 81.82% year-on-year[9] - The company reported a total net profit of ¥102,431,409.40 for the year-to-date, which is a remarkable increase of 450.40% compared to the same period last year[9] - Revenue for the year-to-date reached ¥1,030,075,213.83, a significant increase of 76.17% compared to ¥584,697,293.19 in the same period last year, driven by market expansion and increased customer demand[21] - The company reported a 97.47% increase in non-operating income, totaling ¥1,063,513.10, compared to ¥538,566.76, primarily from supplier deductions[21] - The company reported a total profit of ¥119.94 million for the first three quarters of 2019, compared to ¥23.81 million in the same period last year, representing a growth of 403.5%[57] Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,020,428,022.11, an increase of 22.29% compared to the end of the previous year[9] - The company's current assets totaled CNY 1,244,058,720.51, up from CNY 891,278,809.19 at the end of 2018, reflecting a growth of approximately 39.7%[39] - Total liabilities increased to CNY 641,723,356.82 from CNY 387,730,150.39, reflecting a growth of approximately 65.4%[40] - The company's equity attributable to shareholders rose to CNY 1,378,704,665.29 from CNY 1,264,433,928.83, an increase of about 9.0%[41] - The total liabilities increased to ¥696,994,676.15 from ¥376,232,586.01, indicating a growth of approximately 85%[45] Cash Flow - Cash flow from operating activities for the year-to-date reached ¥238,543,571.58, a significant increase of 452.15%[9] - The net cash flow from investing activities was -¥452,390,729.88, an increase of 32.93% compared to the previous period, mainly due to cash management of temporarily idle raised funds[22] - The net cash flow from financing activities was ¥5,121,914.39, a decrease of 105.50%, primarily due to reduced investment inflows and dividend distributions[22] - The company reported a net cash flow from operating activities of CNY 238,543,571.58, a substantial increase from CNY 43,202,784.10 in Q3 2018[64] Expenses - Operating costs rose to ¥628,573,405.30, reflecting a 50.00% increase from ¥419,043,246.06, primarily due to sales growth[21] - Research and development expenses increased by 59.44% to ¥103,345,049.98, up from ¥64,816,661.34, as the company intensified investment in new projects and materials[21] - The company experienced a 82.53% increase in taxes and surcharges, amounting to ¥8,816,144.29, driven by sales growth and new property tax from completed construction[21] - Management expenses rose by 86.80% to ¥94,399,547.80, up from ¥50,535,614.43, due to an increase in management personnel and salaries[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,400[13] - The largest shareholder, Wang Mingxi, holds 21.76% of the shares, with 3,500,000 shares pledged[13] Inventory and Receivables - Accounts receivable increased by 38.42% to ¥490,436,653.50, attributed to increased sales during the reporting period[22] - Inventory rose by 60.46% to ¥203,447,855.71, driven by expanded production and sales scale[22] - The number of accounts payable increased by 32.29% to ¥268,152,296.63, reflecting the expanded production and sales scale[22] Research and Development - Research and development expenses for the quarter were ¥35,842,397.85, compared to ¥21,470,391.61 in the previous period, indicating a significant investment in innovation[48] - Research and development expenses for Q3 2019 amounted to ¥31,78 million, up 59.1% from ¥19.99 million in the same quarter last year[52] Comprehensive Income - The total comprehensive income for Q3 2019 was ¥53.91 million, significantly higher than ¥29.95 million in Q3 2018, marking an increase of 80.1%[52] - Total comprehensive income for Q3 2019 was CNY 102,900,735.50, significantly higher than CNY 20,059,363.83 in Q3 2018[60]