明阳电路(300739) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥329,912,504.96, reflecting a year-on-year growth of 12.24%[8] - Net profit attributable to shareholders was ¥26,736,313.98, a decrease of 25.37% compared to the same period last year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥18,649,930.09, down 34.79% year-on-year[8] - Basic earnings per share for the reporting period was ¥0.10, a decline of 23.08% compared to the same period last year[8] - The weighted average return on equity was 1.96%, a decrease of 0.85% compared to the previous year[8] - The company reported a 94.40% decrease in fair value changes to RMB 520,526.58 from RMB 9,300,186.90, also due to adjustments in financial products[21] - Total operating revenue for Q3 2020 reached CNY 329,912,504.96, an increase from CNY 293,943,098.00 in the previous period[44] - Net profit for Q3 2020 was CNY 26,708,081.42, compared to CNY 35,822,947.52 in the same period last year, reflecting a decrease of approximately 25.5%[46] - The company’s total comprehensive income for the year-to-date reached ¥52,637,635.15, compared to ¥16,269,730.30 in the same period last year[51] Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,934,801,910.44, an increase of 7.29% compared to the end of the previous year[8] - As of September 30, 2020, the company's total assets amounted to approximately 1.93 billion yuan, an increase from 1.80 billion yuan at the end of 2019, representing a growth of about 7.3%[36][37] - The company's total liabilities increased to approximately 560.53 million yuan from 480.01 million yuan, representing a growth of about 16.7%[38] - The company's total liabilities were CNY 319,532,468.91, compared to CNY 242,048,140.95 in the previous year, representing an increase of about 32.1%[42] - Total liabilities amounted to CNY 480,006,486.01, with current liabilities at CNY 408,845,118.34 and non-current liabilities at CNY 71,161,367.67[71] - The total assets of the company reached CNY 1,803,354,340.13, with current assets at CNY 759,204,551.18 and non-current assets at CNY 668,974,575.66[74] Cash Flow - The net cash flow from operating activities was ¥53,809,044.34, down 11.72% year-on-year[8] - The net cash flow from financing activities for the year-to-date was RMB 42,921,276.68, a significant increase from a negative RMB 21,121,104.32[23] - The net cash flow from operating activities for the period was ¥75,034,273.35, a decrease of 20% compared to ¥93,825,160.03 in the previous period[64] - Cash inflow from financing activities totaled ¥210,945,288.08, an increase of 84.5% compared to ¥114,288,237.85 in the previous period[66] - The total cash outflow for operating activities was ¥498,901,978.81, an increase from ¥434,416,794.35 in the previous period[64] Shareholder Information - The total number of shareholders at the end of the reporting period was 19,465[12] - The largest shareholder, Shenzhen Runxi Investment Management Co., Ltd., holds 59.49% of the shares, totaling 166,168,800 shares[12] - The company has not conducted any repurchase transactions among the top 10 shareholders during the reporting period[15] Investment and Financing Activities - The company plans to publicly issue convertible bonds totaling up to RMB 80,000,000 for projects related to high-frequency and high-speed printed circuit boards and to supplement working capital and repay bank loans[24] - The company received notification from the Shenzhen Stock Exchange regarding the acceptance of its application for issuing convertible bonds on June 30, 2020[28] - The company adjusted the total amount of funds raised from the issuance of A-share convertible bonds from no more than 800 million yuan to no more than 678 million yuan[25] Research and Development - The company’s R&D expenses for the quarter were CNY 15,254,036.69, slightly up from CNY 14,409,252.16 in the previous year[45] - Research and development expenses for the current period were CNY 20,320,705.09, a decrease from CNY 23,317,688.65 in the previous period[57]