苏豪弘业(600128) - 2017 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was CNY 5,950,648.30, representing a significant decrease of 80.43% year-on-year[8]. - Operating revenue for the first nine months was CNY 2,856,799,943.95, an increase of 8.99% compared to the same period last year[8]. - The company reported a basic earnings per share of CNY 0.0241, down from CNY 0.1232 in the same period last year[8]. - The company reported a net profit of ¥7,967,816.95 for Q3 2017, down 49.5% from ¥15,780,384.08 in Q3 2016[43]. - Total profit for the first nine months of 2017 was ¥10.03 million, a decrease of 53.5% compared to ¥21.56 million in the same period last year[47]. - Basic earnings per share for Q3 2017 were ¥0.0349, down from ¥0.0450 in Q3 2016[48]. Cash Flow - The net cash flow from operating activities was negative at CNY -298,199,683.08, contrasting with a positive cash flow of CNY 35,457,040.64 in the previous year[7]. - Cash flow from operating activities for the first nine months of 2017 was negative at ¥298.20 million, compared to a positive cash flow of ¥35.46 million in the same period last year[51]. - Cash inflow from financing activities totaled 371,365,696.62 RMB, down from 430,152,341.32 RMB in the same period last year[56]. - The net increase in cash and cash equivalents for the period was -162,604,490.86 RMB, compared to -11,137,111.85 RMB in the previous year[56]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 3,092,014,417.77, a slight increase of 0.13% compared to the previous year-end[7]. - Total current assets decreased from CNY 1,938,923,621.40 to CNY 1,914,464,106.37, a decline of approximately 1.3%[33]. - Total liabilities rose from CNY 1,510,653,289.69 to CNY 1,546,469,937.28, reflecting an increase of approximately 2.4%[35]. - Total equity decreased from CNY 1,577,313,292.71 to CNY 1,545,544,480.49, a decline of approximately 2.0%[35]. Investments and Acquisitions - The company acquired control of Jiangsu Province Chemical Fertilizer Co., Ltd. in February 2017, which was included in the consolidated financial statements[8]. - Goodwill increased by 194.15% to ¥18,744,941.08 due to the acquisition of the Netherlands' RAVEN HOLDING B.V. company[20]. - Investment income surged by 78.86% to ¥40,913,849.90, mainly from the disposal of shares in Huachang Chemical and dividends received from Linggu Chemical[22]. Shareholder Information - The total number of shareholders at the end of the reporting period was 27,868[14]. - The largest shareholder, Aitao Cultural Group Co., Ltd., held 24.02% of the shares[14]. Operational Metrics - The weighted average return on equity decreased by 1.56 percentage points to 0.4283%[8]. - Total operating costs for the first nine months of 2017 were ¥2,887,651,591.89, up 10.3% from ¥2,618,132,071.23 in the previous year[42]. - The company recorded an operating profit of ¥14,172,935.59 for the first nine months of 2017, down 45.0% from ¥25,795,554.10 in the same period last year[43]. Inventory and Receivables - Accounts receivable increased by 30.24% to ¥487,149,691.41, driven by business growth and an increase in accounts receivable from agency import business[19]. - Inventory rose by 34.12% to ¥196,424,172.99, influenced by the consolidation of inventory from the Netherlands' RAVEN company and increased engineering material stock[19]. - The company reported a significant increase in inventory from CNY 146,449,057.58 to CNY 196,424,172.99, an increase of about 34.1%[33].