锦盛新材(300849) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue decreased by 10.39% to ¥75,709,010.42 compared to the same period last year[8] - Net profit attributable to shareholders decreased by 48.88% to ¥8,656,370.61 compared to the same period last year[8] - Basic earnings per share decreased by 61.65% to ¥0.0866 compared to the same period last year[8] - Net cash flow from operating activities decreased by 7.47% to ¥23,011,307.37 compared to the same period last year[8] - The weighted average return on equity decreased by 3.45% to 1.46% compared to the same period last year[8] - Total operating revenue for Q3 2020 was ¥202,422,893.62, a decrease of 20.9% compared to ¥255,954,797.34 in the same period last year[40] - Net profit for Q3 2020 was ¥32,868,269.30, representing a decline of 33.0% from ¥48,997,153.09 in Q3 2019[41] - Basic earnings per share for Q3 2020 were ¥0.0866, compared to ¥0.2258 in the same period last year, reflecting a decrease of 61.6%[41] - Total comprehensive income for Q3 2020 was ¥32,868,269.30, down 33.0% from ¥48,997,153.09 in Q3 2019[42] Assets and Liabilities - Total assets increased by 76.90% to ¥738,790,674.36 compared to the end of the previous year[8] - Net assets attributable to shareholders increased by 88.07% to ¥695,578,035.75 compared to the end of the previous year[8] - Current assets increased significantly to CNY 513,175,034.99, up 120.5% from CNY 232,615,614.79 at the end of 2019[32] - The company's total liabilities decreased by 46.40% to CNY 2.19 million, reflecting a reduction in unpaid corporate income tax and VAT[19] - The company's total liabilities decreased to CNY 43,212,638.61, down 9.5% from CNY 47,765,520.85[34] - The total liabilities were CNY 47,765,520.85, with current liabilities accounting for CNY 45,334,690.85[50] Shareholder Information - The company reported a total of 15,039 common shareholders at the end of the reporting period[12] - The largest shareholder, Ruan Rongtao, holds 20.32% of the shares[12] - Shareholders' equity increased to CNY 695,578,035.75, a growth of 88.0% from CNY 369,859,766.45 at the end of 2019[35] - The equity attributable to shareholders was CNY 369,859,766.45, indicating a stable financial position[50] Cash Flow and Investments - Net cash flow from financing activities was CNY 284 million, a significant increase due to funds raised from the initial public offering[22] - Investment activities generated a net cash outflow of CNY 332 million, a 1008.87% increase due to increased investment expenditures[22] - The company generated cash inflows from operating activities totaling ¥208,891,768.59, compared to ¥264,546,090.55 in Q3 2019, indicating a decrease of 21.0%[44] - Investment activities resulted in a net cash outflow of ¥332,909,433.73 in Q3 2020, compared to a net outflow of ¥30,022,368.15 in the same period last year[44] Other Financial Metrics - The company reported a financial asset impairment loss of ¥1,514,104.68 in Q3 2020, compared to a gain of ¥404,692.46 in the same period last year[41] - Research and development expenses for Q3 2020 were ¥8,488,649.81, a decrease of 16.4% from ¥10,150,560.45 in the same period last year[40] - The company received CNY 319,349,200.00 from investment activities, reflecting strong investor confidence[45] - The company adjusted its financial statements to reflect the new revenue and leasing standards, impacting contract liabilities by CNY 2,776,914.82[50] Future Outlook - The company expects to continue its growth trajectory and maintain operational stability despite market challenges[25]