ST海越(600387) - 2017 Q3 - 季度财报

Financial Performance - Operating revenue increased by 9.63% to CNY 7,494,199,503.06 for the period from January to September[7] - Net profit attributable to shareholders was a loss of CNY 58,771,801.52, compared to a loss of CNY 472,536.99 in the same period last year[7] - Basic and diluted earnings per share were both CNY -0.15, a decrease of 12,400% compared to the same period last year[8] - Net profit for the period was -¥150.61 million, a 148.62% increase in losses compared to the previous year[15] - Net profit for Q3 2017 was a loss of ¥125,096,661.13, compared to a profit of ¥93,963,839.12 in Q3 2016, representing a significant decline[30] - Total comprehensive income for Q3 2017 was ¥-91,200,473.50, compared to ¥72,845,340.04 in Q3 2016[32] Assets and Liabilities - Total assets decreased by 6.34% to CNY 7,627,636,133.14 compared to the end of the previous year[7] - Total liabilities decreased to CNY 6,293,330,532.38 from CNY 6,609,611,650.71, a reduction of approximately 4.77%[21] - Current assets totaled CNY 1,172,003,162.18, down from CNY 1,383,585,937.33 at the beginning of the year, indicating a decline of about 15.25%[19] - The company's short-term borrowings increased to CNY 1,940,109,974.45 from CNY 1,544,241,294.10, marking an increase of about 25.66%[20] - The total assets impairment loss for Q3 2017 was ¥-4,161,002.66, compared to ¥-148,334.74 in Q3 2016[34] Cash Flow - Net cash flow from operating activities decreased by 99.02% to CNY 3,511,422.99 compared to the same period last year[7] - The cash inflow from operating activities for the year-to-date period reached ¥9,074,103,778.97, an increase of 10.9% compared to ¥8,179,110,806.01 in the same period last year[38] - The net cash flow from operating activities was ¥3,511,422.99, a significant decrease from ¥359,476,485.81 in the previous year[38] - Cash inflow from financing activities amounted to ¥2,961,970,160.13, compared to ¥2,371,660,031.90 in the previous year, indicating a 25.0% increase[39] Shareholder Information - The total number of shareholders at the end of the reporting period was 24,051[11] - The largest shareholder, Zhejiang Haiyue Technology Co., Ltd., holds 22.31% of the shares, with 84,697,638 shares pledged[11] Expenses and Costs - The company reported a significant increase in management expenses by 106.59% to ¥335.11 million, due to major repair and R&D costs[14] - Total operating costs for Q3 2017 were ¥2,644,020,675.26, an increase of 3.7% from ¥2,549,544,540.35 in Q3 2016[30] - The company reported a significant increase in management expenses, which rose to ¥335,109,823.50 from ¥162,213,574.44, indicating higher operational costs[30] Other Income and Expenses - Non-operating income and expenses totaled CNY 6,755,274.30, with a significant contribution from government subsidies[10] - Other income increased significantly due to accounting policy changes, reflecting government subsidies[14] Investment Activities - Cash outflow for investment activities totaled ¥142,757,900.59, down from ¥271,693,031.34 year-over-year, resulting in a net cash flow from investment activities of -¥86,929,124.50[39] - Investment income for the period was ¥31,848,730.04, down from ¥40,058,522.34 in the same period last year, showing a decline in returns from investments[30] Asset Restructuring - The company has undergone a significant asset restructuring, with the restructuring plan approved by the shareholders on June 22, 2017, and subsequently receiving unconditional approval from the China Securities Regulatory Commission on September 19, 2017[16]