德恩精工(300780) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue decreased by 14.28% to CNY 113,210,946.25 compared to the same period last year[8] - Net profit attributable to shareholders decreased by 16.81% to CNY 19,338,972.51 compared to the same period last year[8] - Net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 30.59% to CNY 15,576,200.04 compared to the same period last year[8] - Basic earnings per share decreased by 37.58% to CNY 0.1319 compared to the same period last year[8] - The weighted average return on equity decreased by 36.15% to 7.79% compared to the same period last year[8] - Total operating revenue for Q3 2019 was CNY 113,210,946.25, a decrease of 14.3% from CNY 132,065,801.51 in the same period last year[36] - Net profit for Q3 2019 was CNY 19,318,703.91, a decline of 16.5% compared to CNY 23,222,228.11 in Q3 2018[37] - Earnings per share (EPS) for Q3 2019 was CNY 0.1319, down from CNY 0.2113 in the previous year[38] - Total operating revenue for the period was ¥369,013,220.08, a decrease of 4.3% compared to ¥384,466,058.27 in the previous period[43] - Net profit for the period was ¥56,117,337.68, down 5.4% from ¥59,437,092.45 in the previous period[45] Assets and Liabilities - Total assets increased by 41.23% to CNY 1,124,712,533.35 compared to the end of the previous year[8] - Total current assets increased to ¥577,882,597.15 as of September 30, 2019, up from ¥384,616,910.48 at the end of 2018, representing a growth of approximately 50.4%[27] - Total assets reached ¥1,124,712,533.35, up from ¥796,349,446.09, marking a growth of approximately 41.1%[29] - Total liabilities decreased to ¥162,350,698.77 from ¥266,495,844.05, a reduction of about 39.1%[28] - The total current liabilities decreased to ¥124,550,576.40 from ¥230,448,457.42, a reduction of about 46%[28] Shareholder Equity - Net assets attributable to shareholders increased by 81.70% to CNY 962,112,210.16 compared to the end of the previous year[8] - The company's equity increased significantly to ¥962,361,834.58, compared to ¥529,853,602.04, reflecting a growth of approximately 81.8%[29] - Total equity increased to CNY 936,978,797.47, up from CNY 510,839,663.55, representing an increase of 83.3% year-over-year[34] - The company’s capital reserve increased to ¥575,041,970.24 from ¥219,589,670.24, reflecting a growth of approximately 161.5%[29] Cash Flow - Cash flow from operating activities decreased by 61.55% to CNY 30,025,639.66 year-to-date[8] - The net cash flow from operating activities for Q3 2019 was ¥30,025,639.66, a decrease of 61.6% compared to ¥78,096,688.51 in the same period last year[52] - Total cash inflow from operating activities was ¥376,831,463.58, while cash outflow was ¥346,805,823.92, resulting in a net cash inflow of ¥30,025,639.66[52] - The company reported a net cash outflow from investing activities of ¥330,780,823.74, significantly higher than the previous year's outflow of ¥66,147,294.28[53] - Cash inflow from financing activities was ¥497,863,876.22, with a net cash inflow of ¥258,991,072.13 after accounting for cash outflows[53] Investments and Expenses - Research and development expenses surged by 284.65% to ¥2.58 million, reflecting increased investment in R&D[16] - Research and development expenses increased significantly to CNY 2,577,075.10, up from CNY 510,202.95, indicating a focus on innovation[36] - The company invested ¥195,000,000.00 in new projects during the quarter[53] - The company reported a credit impairment loss of ¥913,656.48, compared to a gain of ¥248,765.24 in the previous period[45] Other Financial Metrics - The company received government subsidies totaling CNY 5,496,560.71 related to various projects and innovations[9] - Other comprehensive income after tax was CNY 345,396.63, compared to CNY 204,144.28 in the previous year, reflecting a growth of 69.2%[38] - Other comprehensive income after tax was ¥768,594.86, compared to ¥139,230.30 in the previous period, an increase of 452.5%[45]