中科海讯(300810) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 23,183,841.40, down 38.98% year-on-year, and CNY 53,855,981.14 for the year-to-date, down 62.92% compared to the same period last year[7] - Net profit attributable to shareholders was a loss of CNY 3,461,422.20 for the reporting period, a decrease of 229.26% year-on-year, and a loss of CNY 12,575,629.39 year-to-date, down 124.02% compared to the same period last year[7] - The basic earnings per share for the reporting period was -CNY 0.044, a decrease of 197.78% year-on-year, and -CNY 0.1598 year-to-date, down 118.01% compared to the same period last year[7] - The net cash flow from operating activities was -CNY 26,807,469.10 for the reporting period, a decrease of 16.93% year-on-year, and -CNY 87,778,947.32 year-to-date, down 1,270.88% compared to the same period last year[7] - The weighted average return on net assets was -0.36% for the reporting period, a decrease of 169.39% year-on-year, and -1.28% year-to-date, down 112.11% compared to the same period last year[7] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,065,151,421.09, a decrease of 2.68% compared to the end of the previous year[7] - Cash and cash equivalents decreased by 88.24% to ¥67,918,016.11 from ¥577,511,254.83 due to idle funds being used for wealth management products and poor sales collection[15] - Total liabilities reached CNY 99,679,647.56, with current liabilities at CNY 92,658,413.16 and non-current liabilities at CNY 7,021,234.40[60] - Total assets amounted to CNY 1,094,445,213.99, with current assets at CNY 1,045,705,024.84 and non-current assets at CNY 48,740,189.15[58] - The total liabilities to total assets ratio is approximately 9.1%, indicating a low leverage position[60] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,299[11] - The largest shareholder, Ningbo Meishan Bonded Port Area Zhongke Haixun Technology Investment Partnership, held 29.26% of the shares[11] - The total equity attributable to shareholders was CNY 982,938,149.20, down from CNY 997,321,256.28 in the previous period[31] Revenue and Cost Analysis - Total operating revenue for Q3 2020 was CNY 23,183,841.40, a decrease from CNY 37,995,967.02 in the previous period[33] - Total operating costs for Q3 2020 were CNY 26,020,463.93, down from CNY 38,639,051.04 in the previous period[34] - The company experienced a substantial decline in total revenue year-to-date, reporting ¥53,855,981.14 compared to ¥145,255,493.29 in the previous year[41] Research and Development - Research and development expenses increased to CNY 10,058,770.12 from CNY 9,274,323.57 year-over-year[34] - Research and development expenses for Q3 2020 were ¥7,922,930.34, slightly down from ¥8,338,533.93 in the previous year[38] - Research and development expenses for the year-to-date period were ¥23,263,713.77, down from ¥25,033,432.20 in the previous year[46] Cash Flow and Investment Activities - The net cash flow from operating activities for Q3 2020 was -87,778,947.32 CNY, compared to -6,403,091.44 CNY in Q3 2019, indicating a significant decline[51] - Total cash inflow from investment activities was 1,092,167,230.48 CNY, while cash outflow was 1,504,078,722.12 CNY, resulting in a net cash flow of -411,911,491.64 CNY for Q3 2020[52] - The company reported cash inflow from sales of goods and services of 33,124,203.00 CNY in Q3 2020, a decrease from 94,909,645.00 CNY in Q3 2019[51] Changes and Expectations - The company reported no significant changes in its strategy or new product developments during the reporting period[14] - The company expects a significant decline in operating revenue for 2020, projecting a net profit drop of 60% to 75% compared to 2019[18] - The company has not undergone an audit for the third quarter report[67] Accounting and Financial Policies - The new revenue recognition and leasing standards were implemented from January 1, 2020, without retrospective adjustments[66] - The company’s financial report reflects no significant changes in the accounting policies from previous periods[66]