FLDT(SH:600228)2018-10-29 16:00Financial Performance - Operating revenue for the period was CNY 401,901,836.56, representing a 1.98% increase year-on-year[6] - Net profit attributable to shareholders was CNY 8,173,538.33, a significant recovery from a loss of CNY 20,358,812.74 in the same period last year[6] - The weighted average return on equity improved to 14.46% from -132.28% in the previous year[6] - Basic earnings per share were CNY 0.03, compared to a loss of CNY 0.08 per share in the same period last year[6] - The company's net profit for the year is expected to show a significant change compared to the previous year, with a warning of potential losses[12] - Net profit for the third quarter was CNY 6,251,605.18, compared to a net loss of CNY 7,236,986.45 in the same period last year[24] - The company's net profit attributable to shareholders for Q3 2018 was CNY 4,459,435.46, a decrease from CNY 8,173,538.33 in the same period last year[25] - The total profit for the first nine months of 2018 was a loss of CNY 5,758,371.09, compared to a loss of CNY 27,718,978.12 in the same period last year[28] Assets and Liabilities - Total assets decreased by 6.45% to CNY 296,916,064.63 compared to the end of the previous year[6] - Total liabilities decreased by 18.3% to ¥161,495,695.04 from ¥197,701,521.95, primarily due to a reduction in short-term borrowings[17] - Short-term borrowings decreased by 31.03% to ¥40,000,000 from ¥58,000,000, reflecting a reduction in borrowing scale[10] - Total assets increased to CNY 97,921,395.95 from CNY 89,029,058.33 at the beginning of the year, reflecting a growth of 9.5%[21] - Total liabilities rose to CNY 104,335,135.08, up from CNY 89,684,426.37 at the start of the year, indicating a 16.4% increase[21] - The company's total equity showed a significant decline, with total shareholders' equity at CNY -6,413,739.13 compared to CNY -655,368.04 at the beginning of the year[21] Cash Flow - Cash flow from operating activities showed improvement, with a net outflow of CNY 4,643,372.98 compared to a net outflow of CNY 9,298,909.38 in the previous year[6] - Net cash flow from operating activities improved to -¥4,643,372.98 from -¥9,298,909.38, indicating reduced cash outflow related to the shutdown of the Nanchang base[10] - Cash inflows from operating activities for the first nine months of 2018 totaled CNY 399,716,680.41, slightly down from CNY 410,626,380.20 in the previous year[30] - The net cash flow from operating activities for the first nine months was 13,853,439.86 RMB, a turnaround from -376,039.26 RMB year-over-year[34] Shareholder Information - The total number of shareholders at the end of the reporting period was 16,465[9] - The largest shareholder, Jiangxi Changjiu Group Co., Ltd., held 23.30% of the shares, with 43,980,000 shares pledged[9] Expenses - Research and development expenses rose by 50.99% to ¥11,692,179.86 from ¥7,743,560.38, reflecting increased R&D spending during the period[10] - Operating expenses increased by 39.75% to ¥15,409,295.06 from ¥11,026,707.29, mainly due to new office space and employee costs[10] - Research and development expenses for the third quarter were CNY 3,461,356.38, down 43.7% from CNY 6,140,031.88 in the same period last year[24] - The company's management expenses for Q3 2018 were CNY 2,030,145.03, significantly higher than CNY 842,917.03 in Q3 2017[27] Other Financial Metrics - The company reported non-recurring gains of CNY 102,594.37 for the period, compared to CNY 468,296.38 in the same period last year[8] - Cash and cash equivalents decreased by 48.66% to ¥33,719,690 from ¥65,682,642.60 due to reduced borrowing and employee settlement payments[10] - Total cash outflow from operating activities was 404,360,053.39 RMB, compared to 419,925,289.58 RMB in Q3 2017[31] - The net cash flow from investing activities was -7,623,346.11 RMB, worsening from -984,552.54 RMB year-over-year[31] - Cash inflow from financing activities was 73,600,000.00 RMB, up from 50,000,000.00 RMB in the previous year[31]