华信新材(300717) - 2019 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders increased by 7.99% to CNY 11,327,097.11 for the reporting period[8] - Operating revenue for the reporting period was CNY 78,762,561.40, reflecting a 6.51% increase year-on-year[8] - Basic earnings per share rose by 10.00% to CNY 0.11 for the reporting period[8] - Year-to-date net profit was CNY 11,327,097.11, reflecting a growth from CNY 10,488,914.38 in the previous year[32] - The net profit for Q3 2019 reached CNY 11,327,097.11, representing a 7.9% increase from CNY 10,488,914.38 in Q3 2018[32] - The total profit for the quarter reached CNY 45,031,892.21, up from CNY 42,146,638.88 year-over-year[37] - The basic and diluted earnings per share for the quarter were both CNY 0.37, compared to CNY 0.35 in Q3 2018[38] Assets and Liabilities - Total assets increased by 5.76% to CNY 631,665,042.28 compared to the end of the previous year[8] - Total liabilities were CNY 57,730,035.80, with current liabilities at CNY 44,358,202.94 and non-current liabilities at CNY 13,371,832.86[46] - Owner's equity totaled CNY 539,521,343.35, with share capital at CNY 102,400,000.00 and retained earnings at CNY 176,011,196.44[46] - Total assets reached ¥631,665,042.28, an increase from ¥597,251,379.15 at the end of the previous year[27] - Total liabilities to total assets ratio stands at approximately 9.66%, indicating a low leverage position[46] Cash Flow - The net cash flow from operating activities for the year-to-date period was CNY 36,700,628.53, a significant increase of 118.12%[8] - Cash flow from investment activities decreased by 42.55% to ¥144,700,000.00, attributed to a decrease in financial management principal compared to the same period last year[18] - The cash flow from operating activities generated a net amount of CNY 36,700,628.53, significantly higher than CNY 16,825,756.54 in the previous year[40] - The company received CNY 1,315,081.08 in tax refunds during the quarter, compared to CNY 921,073.09 in the same period last year[40] - The company’s cash flow from financing activities showed a net outflow of CNY 6,144,000.00, compared to a net outflow of CNY 12,800,000.00 in the previous year[41] Shareholder Information - The total number of shareholders at the end of the reporting period was 10,601[12] - The largest shareholder, Jiangsu Huazhi Industrial Co., Ltd., holds 51.00% of the shares[12] - The company did not engage in any repurchase transactions during the reporting period[13] Investments and Expenses - Construction in progress rose by 68.09% to ¥65,520,938.04 primarily due to investments in the R&D center and the purchase of office property in Shanghai[16] - Research and development expenses for Q3 2019 were CNY 2,726,776.57, a decrease of 2.9% from CNY 2,807,785.62 in Q3 2018[32] - Investment income decreased by 62.95% to ¥1,471,642.28, primarily due to a reduction in financial management principal compared to the same period last year[18] Other Financial Metrics - The weighted average return on net assets was 2.00%, a slight decrease of 0.01% compared to the previous year[8] - The company received government subsidies amounting to CNY 2,694,603.77 during the year-to-date period[9] - Deferred income tax liabilities increased by 231.33% to ¥6,100,061.99 mainly due to accelerated depreciation of fixed assets[16] - The company reported a financial income of CNY 188,148.90 in Q3 2019, compared to CNY 184,095.53 in the same period last year[32] Audit and Reporting - The report for the third quarter was not audited, which may impact the reliability of the financial data presented[47] - The company has implemented new financial instrument standards since January 1, 2019, affecting the reporting of financial assets[47]