AURORA(SH:600666)2018-10-17 16:00Financial Performance - Operating revenue increased by 19.00% to CNY 831,580,293.92 for the year-to-date period[5] - Net profit attributable to shareholders was a loss of CNY 4,537,048.57, a decrease of 105.88% compared to the same period last year[5] - Basic and diluted earnings per share were both negative CNY 0.0037, a decrease of 106.16% compared to the previous year[6] - The weighted average return on equity was -0.17%, down 3.12 percentage points from 2.95% in the previous year[6] - Total revenue for Q3 2018 was 219,147,204.31 RMB, a decrease of 10.2% compared to 243,984,287.29 RMB in Q3 2017[32] - Year-to-date revenue reached 831,580,293.92 RMB, up 19.0% from 698,803,959.64 RMB in the same period last year[32] - Net profit for Q3 2018 was a loss of CNY 47,894,816.84, compared to a profit of CNY 4,112,914.25 in Q3 2017[34] - The company reported a net loss attributable to shareholders of CNY 46,266,870.30 in Q3 2018, compared to a profit of CNY 77,216,973.30 in the same quarter last year[34] - The total profit (loss) before tax for Q3 2018 was a loss of CNY 49,599,930.55, compared to a profit of CNY 5,978,013.91 in Q3 2017[34] - The total comprehensive income attributable to shareholders for Q3 2018 was -46,266,870.38 CNY, down from 77,216,973.30 CNY in Q3 2017[35] Assets and Liabilities - Total assets decreased by 11.50% to CNY 5,883,966,328.10 compared to the end of the previous year[5] - Non-current assets totaled 3,294,950,716.21 RMB, down from 4,128,503,478.98 RMB year-on-year, indicating a decline of 20.2%[26] - Total liabilities amounted to 3,233,436,657.92 RMB, down from 3,992,444,721.76 RMB, a decrease of 19.0%[26] - Shareholders' equity totaled 2,650,529,670.18 RMB, a slight decrease from 2,656,380,051.49 RMB, indicating a decline of 0.2%[26] - The company reported a goodwill of 1,397,431,727.16 RMB, down from 2,147,431,727.16 RMB, a significant decrease of 35.0%[26] Cash Flow - Net cash flow from operating activities was negative CNY 149,881,810.48, a decline of 227.09% year-on-year[5] - Cash inflow from operating activities for the year-to-date period is 13,646,022.34, a significant decrease from 106,107,914.30 in the same period last year, reflecting a decline of approximately 87.1%[44] - Cash outflow from operating activities totaled 13,466,005.25, down from 148,746,068.80 year-over-year, representing a decrease of about 90.9%[44] - The company raised CNY 593,513,600.91 through borrowings in the first nine months, compared to CNY 866,088,466.00 in the same period last year, indicating a decrease of approximately 31.5%[42] - The cash and cash equivalents at the end of the period amounted to CNY 37,300,299.87, an increase from CNY 20,863,117.19 at the end of the previous year[42] Shareholder Information - The total number of shareholders reached 94,950 at the end of the reporting period[9] - The top shareholder, Zuo Hongbo, holds 19.00% of the shares, with 233,223,515 shares frozen[9] Research and Development - Development expenditures increased by 23,367,020.55, a 43.38% rise, due to increased investment in sapphire product research and development[11] - Research and development expenses surged by 11,760,072.4, an increase of 114.75%, reflecting intensified R&D efforts[12] Other Financial Metrics - Non-operating income for the year-to-date period was CNY 62,682,275.91, with significant contributions from government subsidies[6] - Other income increased significantly by 46,398,690.93, a rise of 390.83%, due to adjustments in accounting policies and government subsidies[12] - Cash received from tax refunds rose by 8,449,655.93, a 66.16% increase, attributed to VAT refunds compared to the same period last year[13] - The company incurred management expenses of CNY 16,272,531.75 for the first nine months, significantly higher than CNY 4,667,037.45 in the previous year, marking an increase of about 248%[37] Legal and Compliance - The company has engaged a qualified accounting firm to conduct asset impairment testing as part of its performance commitment obligations[22] - The company is actively seeking to communicate with intermediaries and investors to explore feasible compensation methods for performance commitments[21] - The company has not received any legal documents related to the ongoing private lending disputes as of the report date, and the situation is still under verification[18] - The company has committed to cooperate fully with the signing of relevant documents related to the private lending disputes[17] - The company is monitoring the developments of the private lending disputes and will fulfill its disclosure obligations as required by law[18]