AURORA(SH:600666)2017-10-24 16:00Financial Performance - Operating revenue for the first nine months reached approximately CNY 698.80 million, an increase of 18.17% year-on-year[6] - Net profit attributable to shareholders was approximately CNY 77.22 million, a decrease of 27.90% compared to the same period last year[6] - Basic earnings per share were CNY 0.06, down 57.14% from CNY 0.14 in the previous year[7] - Total operating revenue for Q3 2017 was ¥243,984,287.29, a decrease of 11.9% compared to ¥277,013,479.75 in Q3 2016[25] - Operating profit for Q3 2017 was ¥24,464,865.72, a decline of 34.8% from ¥37,585,822.23 in Q3 2016[26] - Net profit for Q3 2017 was ¥4,112,914.25, significantly lower than ¥41,508,047.48 in Q3 2016, representing a decrease of 90.1%[26] - Total comprehensive income for Q3 2017 was ¥4,112,914.25, down from ¥41,508,047.48 in Q3 2016, indicating a significant decline in overall financial performance[27] - The company’s total comprehensive income for Q3 2017 was -956,691.83 RMB, compared to 7,438,567.80 RMB in the same period last year[31] Cash Flow - The net cash flow from operating activities for the first nine months was approximately CNY 117.93 million, a significant improvement compared to a negative cash flow of CNY 243.25 million in the same period last year, representing a 148.48% increase[6] - Operating cash flow for the first nine months of 2017 was 117,932,556.66 RMB, a recovery from a negative cash flow of -243,246,172.07 RMB in the previous year[34] - Total revenue from sales and services received in cash for the first nine months was 675,003,261.48 RMB, up from 332,273,866.10 RMB year-over-year, representing a growth of approximately 102.9%[33] - The company reported a total cash inflow from operating activities of 882,582,328.24 RMB, compared to 428,058,924.84 RMB in the previous year, reflecting a year-over-year increase of about 106.2%[34] - Operating cash inflow for the period reached ¥106,107,914.30, a significant increase from ¥10,208,176.90 in the previous year, marking a growth of approximately 938%[36] - Net cash flow from operating activities was -¥42,638,154.50, an improvement compared to -¥53,031,361.70 in the same period last year, indicating a reduction in losses[36] Assets and Liabilities - Total assets at the end of the reporting period were approximately CNY 6.66 billion, a decrease of 2.55% compared to the end of the previous year[6] - The company's current assets totaled CNY 2,378,476,998.60, down from CNY 2,660,935,434.02, indicating a decrease of about 10.59%[17] - Total liabilities decreased from CNY 4,239,341,991.16 to CNY 3,983,839,578.10, reflecting a decline of approximately 6.05%[18] - The company's equity attributable to shareholders increased from CNY 2,579,711,254.55 to CNY 2,656,928,227.87, an increase of about 3.00%[18] - Short-term borrowings increased by 31.08% to supplement working capital through additional bank loans[10] - Long-term borrowings rose by 82.11% due to new acquisition loans for Jiangxi Xinhang Technology Co., Ltd.[10] Operational Highlights - Operating costs rose by 54.00%, primarily due to lower gross margins on sapphire products, which accounted for a higher proportion of operating revenue compared to the previous year[11] - The company reported a non-operating income of approximately CNY 50.62 million from government subsidies during the first nine months[9] - The company has not disclosed any new product developments or market expansion strategies in this report[6] - The company reported a significant increase in management expenses, which rose to ¥26,191,108.00 in Q3 2017 from ¥23,519,759.17 in Q3 2016, an increase of 7.1%[25] Shareholder Information - The total number of shareholders at the end of the reporting period was 72,272[8] - The largest shareholder, Zuo Hongbo, held 19.00% of the shares, with a total of 233,223,515 shares, of which 208,800,000 shares were pledged[8]