新赛股份(600540) - 2016 Q3 - 季度财报

Financial Performance - Operating revenue rose by 46.09% to CNY 524,027,384.01 for the period from January to September[6] - Net profit attributable to shareholders was a loss of CNY 5,731,523.62, an improvement from a loss of CNY 21,063,500.36 in the same period last year[6] - Basic earnings per share were reported at -0.0122 CNY, an improvement from -0.0581 CNY in the previous year[6] - The net profit for the period was -1,089.85 million RMB, an improvement of 2,738.10 million RMB compared to the previous year's net loss of -3,827.96 million RMB[21] - The company reported a total profit of -¥153,248.71 for the third quarter, an improvement from -¥16,211,807.43 in the previous year[34] - The net profit attributable to the parent company was ¥1,606,147.97, compared to a net loss of ¥5,985,987.34 in the same quarter last year, marking a turnaround[34] - The company reported a total comprehensive income attributable to the parent company of ¥1,606,147.97 for the third quarter, compared to a loss of ¥5,985,987.34 last year[35] Cash Flow - Cash flow from operating activities decreased by 51.37% to CNY 15,088,996.16 compared to the same period last year[6] - Cash flow from operating activities was 1,508.90 million RMB, a decrease of 1,594.19 million RMB or 51.37% compared to the previous year[22] - Cash flow from investing activities was -2,009.46 million RMB, worsening by 1,816.94 million RMB year-on-year, indicating increased investment payments[22] - Cash flow from financing activities improved to -7,517.51 million RMB, a reduction of 39,491.12 million RMB compared to the previous year, reflecting lower loan repayments[22] - Total cash inflow from financing activities was CNY 515,612,600.00, an increase from CNY 231,655,253.28 in the previous year[42] - The net cash flow from financing activities was -$42.95 million, an improvement from -$295.45 million year-over-year, indicating better management of financing costs[46] Assets and Liabilities - Total assets increased by 6.71% to CNY 3,113,596,008.23 compared to the end of the previous year[6] - Total liabilities rose to CNY 1,874,204,720.53 from CNY 1,667,657,336.96, reflecting an increase of approximately 12.4%[28] - The company's total liabilities to equity ratio increased to 1.51 from 1.34, indicating a higher leverage position[28] - The company’s long-term borrowings decreased to 1,784 million RMB, down 816 million RMB or 31.38% from the beginning of the year, as a result of early loan repayments[15] - The company’s short-term borrowings decreased to CNY 722,600,000.00 from CNY 750,565,000.00, a reduction of about 3.7%[28] Shareholder Information - The total number of shareholders reached 35,548 by the end of the reporting period[9] - The largest shareholder, Xinjiang Aibi Lake Agricultural and Industrial Corporation, holds 41.11% of the shares[9] Operating Costs and Expenses - Operating costs amounted to 48,886.11 million RMB, up 13,272.05 million RMB or 37.27% year-on-year, resulting in an increase in operating profit of 3,259.82 million RMB[17] - The company reported a significant decrease in sales expenses, totaling 596.39 million RMB, down 848.59 million RMB or 58.73% from the previous year[19] - Financial expenses surged to 1,578.23 million RMB, an increase of 1,274.77 million RMB or 420.07% year-on-year, primarily due to interest expenses from halted construction projects[19] - The company incurred operating expenses of CNY 299,679,205.96, down from CNY 378,617,793.08 in the previous year[42] Inventory and Receivables - The company’s accounts receivable increased significantly to 28,169.46 million RMB, up 27,634.56 million RMB or 5,166.26% from the beginning of the year, due to trade business expansion[12] - Inventory levels decreased to CNY 17,986,195.40 from CNY 97,758,450.34, a significant reduction of approximately 81.7%[30] Government Support - The company received government subsidies totaling CNY 3,180,727.89 during the reporting period[8]