泉为科技(300716) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue decreased by 39.08% to ¥531,257,810.53 for the current period, and by 21.10% to ¥1,377,706,655.45 year-to-date[7] - Net profit attributable to shareholders was a loss of ¥123,975,139.93, representing a decrease of 2,497.99% compared to the same period last year[7] - Basic earnings per share were -¥0.77, a decrease of 2,666.67% year-on-year[7] - The net profit attributable to the parent company was CNY -185,576,091.78, a decrease of 744.90% due to reduced orders from the pandemic and increased depreciation expenses[17] - The net loss for the current period was ¥146,673,601.62, compared to a net profit of ¥2,187,027.39 in the previous period[39] - Operating profit for the current period is a loss of ¥223,049,935.99, compared to a profit of ¥27,573,678.71 in the previous period[43] - Net profit for the current period is a loss of ¥223,076,729.24, compared to a profit of ¥22,290,417.30 in the previous period[44] - Total comprehensive income for the current period is -¥225,758,152.39, compared to ¥22,523,863.58 in the previous period[44] Cash Flow - The net cash flow from operating activities was a negative ¥18,938,218.24, a decline of 61.30% compared to the same period last year[7] - Operating cash flow net amount was CNY -86,343,401.28, a decline of 130.26% mainly due to increased operational expenditures from new subsidiaries[17] - Investment cash flow net amount was CNY -238,501,561.30, an increase of 155.97% due to higher construction expenditures[17] - The total cash inflow from operating activities for the period was CNY 1,915,398,429.21, compared to CNY 1,874,888,000.26 in the previous period, reflecting an increase of approximately 2%[48] - The net cash flow from operating activities was negative at CNY -86,343,401.28, worsening from CNY -37,498,470.95 in the previous period[48] - Cash inflow from financing activities was CNY 617,833,093.92, up from CNY 420,298,827.01 in the previous period, marking an increase of approximately 47%[50] - The net cash flow from financing activities improved to CNY 268,812,990.89 from CNY 79,809,910.63 in the previous period[50] Assets and Liabilities - Total assets increased by 11.65% to ¥2,127,198,747.81 compared to the end of the previous year[7] - Total current assets increased to CNY 1,219,542,663.03 as of September 30, 2020, up from CNY 1,144,462,442.38 at the end of 2019, representing a growth of approximately 6.5%[29] - Total non-current assets reached CNY 907,656,084.78, up from CNY 760,807,669.61, reflecting an increase of around 19.3%[30] - Total liabilities reached CNY 1,377,797,984.65, up from CNY 977,230,782.82, indicating a growth of approximately 40.9%[31] - Total current liabilities increased to CNY 1,101,700,277.53 from CNY 761,285,724.14, representing a rise of approximately 45%[31] - Short-term borrowings increased by 68.35% to CNY 490,884,088.59, driven by the expansion of operational scale[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,186[11] - The largest shareholder, Dongguan Yonglv Industrial Investment Co., Ltd., holds 40.78% of the shares[11] - The company did not engage in any repurchase transactions during the reporting period[12] Financial Expenses - The company reported a significant increase in financial expenses by 234.80% to CNY 32,730,265.23, primarily due to increased bank borrowings[17] - The company reported a significant increase in financial expenses, totaling ¥16,013,561.63, compared to ¥1,584,319.90 in the previous period[38] Other Financial Metrics - The weighted average return on net assets was -15.38%, down from -15.99% in the previous year[7] - Research and development expenses were ¥15,039,868.00, slightly up from ¥14,900,624.43, indicating a 0.9% increase[38] - Research and development expenses for the current period are ¥39,693,747.87, slightly up from ¥39,619,417.75 in the previous period[43] - Other comprehensive income after tax was -¥2,812,036.54, compared to -¥19,385.11 in the previous period[39]