Financial Performance - Net profit attributable to shareholders increased by 0.82% to CNY 302,025,555.40 for the first nine months of the year[6]. - Operating revenue for the first nine months was CNY 16,783,883,533.86, a decrease of 0.58% year-on-year[6]. - The company reported a total revenue decrease in the pig farming business due to a decline in pig prices compared to the same period last year[15]. - The company's total revenue for the current period was CNY 1,678,388.35 million, a slight decrease of 0.58% from the previous year[12]. - Total operating revenue for Q3 2018 was approximately ¥4.98 billion, an increase from ¥4.71 billion in Q3 2017, representing a growth of 5.76% year-over-year[34]. - Net profit for Q3 2018 was a loss of approximately ¥6.83 million, compared to a loss of ¥1.18 million in Q3 2017, reflecting a deterioration in performance[35]. - The company reported a total profit of approximately -¥43.64 million for Q3 2018, slightly improved from -¥45.91 million in Q3 2017[35]. - Year-to-date revenue reached CNY 1,108,753,973.31, up 23.2% from CNY 899,393,474.75 in the previous year[38]. - Year-to-date net profit totaled CNY 192,552,394.96, down 41.4% from CNY 329,213,154.95 in the same period last year[39]. Cash Flow and Liquidity - Net cash flow from operating activities decreased by 45.21% to CNY 598,722,719.50 compared to the same period last year[6]. - Cash flow from operating activities for the year-to-date was CNY 598,722,719.50, down 45.2% from CNY 1,092,692,119.62 in the previous year[41]. - The company experienced a net cash outflow from investing activities of CNY 297,103,548.26, compared to a smaller outflow of CNY 109,930,098.57 last year[42]. - Cash and cash equivalents at the end of the period were CNY 2,896,497,836.97, down from CNY 3,451,890,246.26 at the end of the same period last year[42]. - The net increase in cash and cash equivalents was $32,689,401.79, down from $126,887,790.01 in the same period last year[45]. - The ending balance of cash and cash equivalents was $878,532,584.61, compared to $1,019,223,014.64 at the end of the previous year[45]. Assets and Liabilities - Total assets decreased by 4.43% to CNY 10,778,431,612.16 compared to the end of the previous year[6]. - The company's total assets decreased from 11.28 billion RMB at the beginning of the year to 10.78 billion RMB, a decline of about 4.43%[26]. - Total liabilities decreased from ¥5,782,555,002.49 to ¥4,986,751,171.22, a reduction of approximately 13.76%[27]. - Current assets increased from ¥1,706,529,219.08 to ¥2,046,148,223.34, representing a growth of about 19.93%[30]. - Total equity attributable to shareholders increased from ¥3,549,144,398.09 to ¥3,821,761,829.11, a rise of about 7.67%[27]. - Non-current liabilities decreased from ¥943,607,431.90 to ¥923,291,013.09, a decline of approximately 2.15%[27]. Shareholder Information - The number of shareholders reached 64,109 by the end of the reporting period[9]. - The largest shareholder, Shanghai Yimin Food Factory (Group) Co., Ltd., holds 31.82% of the shares[9]. Expenses - Financial expenses decreased by 50.58% year-on-year, primarily due to a reduction in bank borrowings and corresponding interest expenses[18]. - Management expenses increased by 1.44% year-on-year, primarily due to rigid increases in employee compensation[17]. - Research and development expenses increased significantly to approximately ¥15.79 million in Q3 2018, compared to ¥3.63 million in Q3 2017, marking a growth of 334.56% year-over-year[34]. - Research and development expenses for Q3 were CNY 1,917,746.71, a slight increase from CNY 1,739,958.98 in the same period last year[38]. Gains and Losses - Non-recurring gains and losses totaled CNY 16,514,312.91 for the current period[8]. - The fair value change income from financial assets decreased significantly, with a loss of 4.69 million RMB compared to a gain of 1.94 million RMB in the previous year[18]. - Basic earnings per share for Q3 2018 were ¥0.012, down from ¥0.022 in Q3 2017, indicating a decline of 45.45% year-over-year[36]. - The total comprehensive income for Q3 2018 was approximately -¥3.51 million, compared to -¥80.33 million in Q3 2017, showing a significant improvement[36].
上海梅林(600073) - 2018 Q3 - 季度财报