FLDT(SH:600228)2017-10-27 16:00Financial Performance - Operating revenue for the period was ¥394,098,296.04, representing a growth of 30.32% compared to ¥302,419,508.47 in the same period last year[7] - Net profit attributable to shareholders of the listed company was a loss of ¥20,358,812.74, an improvement from a loss of ¥23,740,003.97 in the previous year[7] - Basic and diluted earnings per share were both -¥0.08, an improvement from -¥0.10 in the same period last year[7] - Total revenue for Q3 2017 reached ¥150,104,385.04, a 33.4% increase from ¥112,532,935.54 in Q3 2016[26] - Year-to-date revenue for 2017 was ¥394,098,296.04, up 30.4% from ¥302,419,508.47 in the same period of 2016[26] - Net loss for Q3 2017 was ¥7,236,986.45, compared to a net loss of ¥10,562,774.47 in Q3 2016[27] - The net profit attributable to the parent company for Q3 2017 was -6,191,756.43 CNY, compared to -8,022,012.91 CNY in Q3 2016, indicating a 22.8% improvement year-over-year[28] - The total comprehensive income attributable to the parent company for the first nine months of 2017 was -20,358,812.74 CNY, down from -23,740,003.97 CNY in the same period last year, reflecting a 14.5% reduction in losses[28] Assets and Liabilities - Total assets at the end of the reporting period reached ¥472,845,622.50, an increase of 3.32% compared to the previous year's end[7] - Total assets decreased to ¥183,373,200.83 from ¥205,050,664.04 at the beginning of the year[24] - Total liabilities increased to ¥250,798,293.90 from ¥244,756,778.99 at the beginning of the year[24] - The company's total equity was reported at -¥67,425,093.07, a decline from -¥39,706,114.95 at the start of the year[24] Cash Flow - The net cash flow from operating activities was negative at ¥9,298,909.38, a decline of 720.16% compared to a positive cash flow of ¥1,499,426.70 in the same period last year[7] - Cash inflow from operating activities for the first nine months of 2017 was 1,459,673.64 RMB, a decrease from 6,317,577.45 RMB in the previous year[36] - The cash inflow from operating activities totaled 410,626,380.20 CNY for the first nine months of 2017, compared to 345,049,601.20 CNY in the previous year, indicating a 19% increase in cash inflows[33] - The total cash inflow from operating activities for the first nine months included 1,376,470.25 RMB from other operating cash receipts, down from 5,825,034.45 RMB last year[36] - The net cash flow from financing activities was -2,235,661.99 RMB in Q3 2017, an improvement from -3,040,558.63 RMB year-over-year[35] Shareholder Information - The total number of shareholders at the end of the reporting period was 21,587[10] - The largest shareholder, Jiangxi Changjiu Chemical Group Co., Ltd., held 43,980,000 shares, accounting for 18.22% of the total shares[10] Operational Metrics - Operating costs increased by 34.24% to ¥366,127,966.48 from ¥272,746,140.12, due to higher raw material procurement costs[12] - Inventory rose by 65.47% to ¥46,505,339.42 from ¥28,104,342.78, indicating an increase in stock[12] - Accounts receivable increased by 48.50% to ¥52,660,381.24 from ¥35,462,455.53, attributed to increased bill settlements[12] - Prepayments surged by 45.10% to ¥23,291,921.04 from ¥16,052,823.07, reflecting increased procurement costs[12] Production and Expansion - The company is expanding its production capacity at the Jiangsu Rudong base, aiming for an annual output of 45,000 to 50,000 tons of acrylamide by the end of 2017[14] Financial Expenses - The company reported a significant increase in financial expenses, totaling 4,287,735.56 CNY for the first nine months of 2017, compared to 4,198,933.74 CNY in the same period last year[30]