欣锐科技(300745) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 84,804,143.13, down 46.61% year-on-year [7]. - Net profit attributable to shareholders was a loss of CNY 1,076,077.52, a decline of 108.91% compared to the same period last year [7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 7,932,156.52, a decrease of 203.10% year-on-year [7]. - The basic earnings per share for the reporting period was -CNY 0.01, a drop of 110.00% compared to the same period last year [7]. - The weighted average return on net assets was -0.10%, a decrease of 114.49% year-on-year [7]. - The net profit for the third quarter of 2019 was CNY 21.41 million, a decrease of 61.65% compared to CNY 55.83 million in the same period last year [19]. - Operating income decreased by 62.34% year-on-year, resulting in an operating profit of CNY 22.29 million [19]. - The net profit for Q3 2019 was a loss of ¥1,076,077.52, compared to a profit of ¥12,072,167.47 in Q3 2018, indicating a significant decline [39]. - The net profit for Q3 2019 was CNY 1,166,074.14, compared to CNY 12,771,628.35 in the previous year, indicating a substantial decline [42]. - The total comprehensive income for Q3 2019 was CNY 23,259,399.47, a decrease of 59% from CNY 56,751,811.59 year-over-year [50]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,624,257,637.35, a decrease of 6.84% compared to the end of the previous year [7]. - The company's current assets totaled CNY 1,387,220,129.87, down from CNY 1,587,468,305.81 at the end of 2018, indicating a decline of approximately 12.6% [29]. - Total liabilities decreased to CNY 521,237,450.45 from CNY 663,853,699.96, marking a reduction of about 21.4% [30]. - The total liabilities decreased by 58.05% for short-term borrowings, amounting to CNY 23.34 million, down from CNY 55.64 million [18]. - The company's equity attributable to shareholders increased to CNY 1,103,020,186.90 from CNY 1,079,662,848.15, showing a growth of approximately 2.2% [31]. - The company's total assets decreased to ¥1,627,634,094.15 from ¥1,744,282,869.04, a reduction of 6.7% [36]. - Total liabilities decreased to ¥521,427,370.53 from ¥660,940,258.34, representing a decline of 21.1% [36]. - The total equity increased to ¥1,106,206,723.62 from ¥1,083,342,610.70, showing a growth of 2.1% [36]. Cash Flow - The net cash flow from operating activities for the year-to-date was -CNY 95,920,714.00, down 49.37% compared to the previous year [7]. - The cash flow from operating activities showed a net outflow of CNY -95,920,714.00, an improvement from CNY -189,462,645.75 in the same period last year [54]. - The net cash flow from operating activities was -90,115,168.33 CNY, compared to -189,059,216.37 CNY in the same period last year, indicating an improvement [57]. - The total cash inflow from investment activities was 759,239,239.86 CNY, up from 438,838,781.98 CNY year-over-year, resulting in a net cash flow from investment activities of 104,153,922.79 CNY [57]. - The net cash flow from financing activities was -42,140,195.79 CNY, a significant decrease from 365,260,920.93 CNY in the previous year [58]. Shareholder Information - The company reported a total of 16,507 common shareholders at the end of the reporting period [11]. - The largest shareholder, Wu Renhua, holds 30.79% of the shares, amounting to 35,259,533 shares, which are pledged [11]. - The company did not engage in any repurchase transactions during the reporting period [12]. - There were no overdue commitments from major shareholders or related parties during the reporting period [23]. Research and Development - The company's development expenditures rose by 277.31% to CNY 28.26 million, reflecting increased investment in R&D projects [18]. - Research and development expenses for Q3 2019 were ¥11,756,394.19, slightly down from ¥12,333,940.87 in the previous year [38]. - Research and development expenses for the year-to-date period were CNY 36,953,668.20, down from CNY 41,143,578.52 in the previous year [43]. Other Financial Metrics - The company's financial expenses improved significantly, with a net financial income of CNY 1.37 million compared to a financial expense of CNY 1.27 million in the previous year [19]. - The company reported a significant increase in other income to ¥14,234,870.52 from ¥7,358,278.12, marking an increase of 93.5% [38]. - The company experienced a financial expense of CNY -782,719.17 in Q3 2019, compared to CNY 1,768,656.01 in the previous year [41]. - The company's financial expenses for Q3 2019 were CNY -1,362,432.77, compared to CNY 1,276,329.56 in the same period last year [49].