春兰股份(600854) - 2016 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months was CNY 151,340,054.09, down 18.85% year-on-year[6] - Net profit attributable to shareholders was CNY 36,581,679.74, a significant recovery from a loss of CNY 8,464,405.65 in the same period last year[6] - The weighted average return on net assets improved to 1.8854% from -0.4440% year-on-year[6] - Basic and diluted earnings per share increased to CNY 0.0704 from a loss of CNY 0.0163 in the previous year[6] - The company reported a net loss of CNY 31,175,530.56 for the current period, compared to a loss of CNY 4,569,566.49 in the previous year[22] - The company’s total equity increased to CNY 2,604,925,131.34 from CNY 2,569,180,034.29, reflecting a growth of 1.4%[22] - The net profit attributable to the parent company for Q3 2016 was -16,870,440.33 RMB, compared to -28,721,394.39 RMB in the previous year, showing an improvement of approximately 41.3%[27] - The total profit for Q3 2016 was -19,984,695.96 RMB, an improvement from -33,987,208.89 RMB in the same quarter last year, reflecting a decrease in losses of approximately 41.1%[26] - The total comprehensive income for Q3 2016 was -20,272,877.21 RMB, compared to -35,346,647.28 RMB in the previous year, indicating a reduction in losses of approximately 42.7%[27] Cash Flow - Cash flow from operating activities showed a significant improvement, with a net cash flow of CNY -3,392,304.48 compared to CNY -85,295,265.57 in the same period last year[6] - Cash inflow from operating activities for the period (January to September) was CNY 290,277,062.68, an increase of 7.5% compared to CNY 270,761,379.22 in the same period last year[33] - The net cash flow from operating activities was negative at CNY -3,392,304.48, an improvement from CNY -85,295,265.57 year-over-year[33] - Cash inflow from investment activities reached CNY 105,437,564.01, significantly higher than CNY 26,981,140.06 in the previous year, marking a 290% increase[34] - The net cash flow from investment activities was CNY 95,038,110.41, compared to CNY 18,954,610.99 in the same period last year, indicating a substantial increase[34] - Cash inflow from financing activities was CNY 11,000,000.00, down from CNY 52,990,000.00 year-over-year, reflecting a decrease of 79.2%[34] - The net cash flow from financing activities was negative at CNY -65,774,915.59, contrasting with a positive CNY 35,581,928.11 in the previous year[34] - The ending cash and cash equivalents balance was CNY 63,933,988.18, a significant increase from CNY 10,090,244.11 at the end of the same period last year[34] Assets and Liabilities - Total assets decreased by 4.45% to CNY 2,341,069,595.17 compared to the end of the previous year[6] - Total assets decreased from ¥2,450,070,000.26 at the beginning of the year to ¥2,341,069,595.17, reflecting a reduction in current assets[17] - Current assets totaled ¥1,027,616,930.54, down from ¥1,081,238,834.91 at the beginning of the year[17] - Total liabilities decreased from ¥429,377,394.52 to ¥316,275,325.37, showing improved financial stability[18] - Total liabilities decreased to CNY 135,629,096.90 from CNY 228,139,692.50 at the beginning of the year, reflecting a reduction of 40.5%[22] - Cash and cash equivalents increased by 67.97% to CNY 63,933,988.18 due to prepayments from property sales[11] - Accounts receivable decreased to CNY 721,547,125.27 from CNY 792,056,025.42, indicating a reduction of 8.9%[20] - Inventory decreased to ¥892,635,883.80 from ¥973,557,499.15, indicating a reduction in stock levels[17] - Inventory levels decreased to CNY 24,457,084.89 from CNY 53,561,856.42, a decline of 54.4%[21] Income and Expenses - Total operating costs for the first nine months were CNY 230,602,909.52, a decrease of 13.0% compared to CNY 265,065,504.89 in the previous year[25] - Operating costs for the first nine months of 2016 were 67,492,911.88 RMB, compared to 61,156,814.61 RMB in the previous year, representing an increase of about 10.5%[28] - The company incurred financial expenses of 1,328,878.86 RMB for the first nine months of 2016, compared to 1,152,432.83 RMB in the previous year, marking an increase of about 15.3%[28] - The company reported a significant decrease in asset impairment losses, which were 42,086,350.15 RMB for the first nine months of 2016, down from 102,039,731.12 RMB in the previous year, a reduction of about 58.8%[28] - Investment income increased by 57.54% to ¥86,893,962.29, primarily due to increased dividends from Taizhou Power Plant[12] - The company’s investment income for the first nine months of 2016 was 93,124,122.29 RMB, an increase from 70,066,869.00 RMB in the previous year, reflecting a growth of approximately 32.9%[29] - Non-operating income surged by 749.37% to ¥27,913,897.93, mainly from the disposal of investment properties[12] - Non-operating income from asset disposal amounted to CNY 18,281,404.95 for the quarter[8]