新余国科(300722) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥46,427,106.40, a decrease of 15.63% year-on-year[9]. - Net profit attributable to shareholders was ¥5,178,572.51, down 58.26% compared to the same period last year[9]. - Basic earnings per share decreased by 54.55% to ¥0.05[9]. - The weighted average return on net assets was 1.23%, a decrease of 1.80% year-on-year[9]. - The company reported a net profit attributable to shareholders after deducting non-recurring gains and losses of ¥4,467,238.52, down 59.62% year-on-year[9]. - Total operating revenue for Q3 2019 was CNY 46,427,106.40, a decrease of 15.6% compared to CNY 55,028,719.54 in the same period last year[37]. - Net profit for Q3 2019 was CNY 5,187,230.78, down 58.3% from CNY 12,417,642.18 in Q3 2018[38]. - The company reported a decrease in earnings per share to CNY 0.05 from CNY 0.11 in the previous year, indicating a decline in profitability[39]. - Net profit for the current period is $21.93 million, down 38.16% from $35.47 million in the previous period[46]. - Total profit for the current period is $24.94 million, a decrease of 39.41% from $41.05 million in the previous period[46]. Cash Flow - Cash flow from operating activities showed a net outflow of ¥24,028,668.47, a significant decline of 758.58%[9]. - The company reported a net cash outflow from operating activities of ¥24,028,668.47, a 758.58% increase compared to the previous year[18]. - Operating cash inflow for the current period was CNY 125,358,884.99, a decrease of 5.8% from CNY 132,470,601.25 in the previous period[52]. - Net cash flow from operating activities was CNY -24,028,668.47, compared to CNY -2,798,644.22 in the previous period, indicating a significant decline[53]. - Cash inflow from investment activities totaled CNY 165,779,454.18, up 24.5% from CNY 133,098,069.67 in the previous period[53]. - Cash inflow from financing activities was CNY 20,000,000.00, with cash outflow for financing activities at CNY 28,353,888.89, resulting in a net cash flow of CNY -8,353,888.89[54]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥525,391,423.24, an increase of 0.49% compared to the end of the previous year[9]. - Cash and cash equivalents decreased by 75.14% to ¥30,412,245.83 due to the utilization of idle raised funds for cash management[17]. - Accounts receivable increased by 48.62% to ¥82,152,190.54, primarily due to concentrated cash collection in the fourth quarter[17]. - Total liabilities increased from ¥86,561,870.50 to ¥94,894,004.56, marking an increase of approximately 9.5%[29]. - The company's total equity decreased from ¥436,262,331.36 to ¥430,497,418.68, a decline of about 1.3%[30]. - The company’s total liabilities to equity ratio increased, indicating a higher leverage position compared to the previous period[29]. - Total current liabilities reached CNY 58,728,548.08, while total liabilities were CNY 86,561,870.50[61]. - The company has long-term payables of CNY 18,700,000.00 and deferred income of CNY 9,133,322.42[61]. Research and Development - Research and development expenses rose by 46.30% to ¥17,250,301.29, reflecting increased investment in R&D projects[18]. - Research and development expenses increased to CNY 7,317,106.08, up 62.5% from CNY 4,496,262.59 year-over-year, reflecting a focus on innovation[37]. - Research and development expenses rose significantly to $17.25 million, an increase of 46.06% compared to $11.79 million in the previous period[45]. Shareholder Information - The total number of shareholders at the end of the reporting period was 11,365[13]. - The largest shareholder, Jiangxi Military Industry Control Group, holds 36.83% of the shares[13]. - The company did not engage in any repurchase transactions during the reporting period[14]. Other Financial Metrics - Financial expenses surged by 417.26% to ¥274,003.70, mainly due to an increase in bill discounting[18]. - The cumulative net profit for the year is expected to show significant variation compared to the previous year, mainly due to a one-time relocation gain of ¥30,346,100 recognized in the last quarter of the previous year[21]. - The company achieved an investment income of CNY 686,993.23, down from CNY 1,370,631.19, suggesting challenges in investment performance[37]. - Investment income decreased to $1.42 million from $2.64 million in the previous period[45]. - The company reported a credit impairment loss of $1.33 million for the current period[46].