NJXB(600682)2018-10-29 16:00Financial Performance - Operating revenue for the first nine months was approximately CNY 10.62 billion, down 14.38% year-on-year [6]. - Net profit attributable to shareholders was a loss of approximately CNY 1.22 billion, a decrease of 424.52% compared to the same period last year [6]. - Basic and diluted earnings per share were both -CNY 1.07, reflecting a decline of 405.71% year-on-year [6]. - Total revenue for Q3 2018 was approximately ¥2.08 billion, a decrease of 54.6% compared to ¥4.58 billion in Q3 2017 [34]. - Net profit for Q3 2018 was approximately ¥419.47 million, compared to a net profit of ¥299.01 million in Q3 2017, indicating a 40.3% increase [35]. - The total operating profit for the first nine months of 2018 was approximately -¥799.70 million, compared to a profit of ¥683.29 million in the same period of 2017 [35]. - The company expects a significant decline in cumulative net profit for the year compared to the same period last year, indicating a potential loss [23]. Assets and Liabilities - Total assets at the end of the reporting period were approximately CNY 21.21 billion, a decrease of 13.51% compared to the end of the previous year [6]. - The company's current assets decreased from ¥8.70 billion at the beginning of the year to ¥6.76 billion, a decline of approximately 22.2% [27]. - The company's total liabilities decreased from ¥16.38 billion to ¥7.73 billion, a reduction of approximately 52.8% [29]. - The total assets as of Q3 2018 amounted to approximately ¥15.07 billion, up from ¥10.07 billion in the previous year, representing a 49.7% increase [33]. - Total liabilities increased to approximately ¥3.28 billion in Q3 2018 from ¥3.02 billion in the previous year, marking an 8.7% rise [33]. Shareholder Information - The total number of shareholders at the end of the reporting period was 30,557 [11]. - The top ten shareholders held a combined 55.88% of the shares, with the largest shareholder, Sanpower Group Co., Ltd., holding 37.48% [11]. - The company’s controlling shareholder, Sanpower Group, holds 37.48% of the total shares, with shares currently frozen, impacting control dynamics [17]. Cash Flow - The net cash flow from operating activities increased by 123% year-on-year, reaching approximately CNY 261.94 million, attributed to the sales of certain real estate projects [8]. - The company experienced a decrease in cash flow from operating activities, with cash inflow of CNY 10.59 billion for the first nine months of 2018, down from CNY 12.45 billion in the same period last year [41]. - The net cash flow from operating activities for Q3 2018 was ¥261,935,379.01, a significant improvement from the negative cash flow of ¥1,138,639,495.27 in the same period last year [42]. - The total cash inflow from financing activities was ¥4,021,832,315.79, compared to ¥3,119,686,253.16 in Q3 2017, indicating a 28.9% increase [42]. Investments and Expenses - The company's long-term equity investments increased by 1,388.71% to ¥6,398,634,789.24 compared to December 31, 2017 [14]. - The company's prepaid expenses rose by 34.96% to ¥498,284,931.98, indicating an increase in advance payments for projects [14]. - The company’s sales expenses decreased by 31.20% to ¥1,798,564,856.63, indicating cost management efforts [14]. - Research and development expenses for Q3 2018 were approximately ¥19.75 million, compared to ¥25.49 million in Q3 2017, showing a 22.5% decrease [35]. - The company’s financial expenses for the first nine months of 2018 were CNY 73.52 million, with interest expenses constituting CNY 63.15 million of that total [38]. Other Comprehensive Income - The company reported a significant increase in other comprehensive income, totaling approximately ¥247.70 million in Q3 2018, compared to a loss of ¥9.08 million in Q3 2017 [35]. - Other comprehensive income for Q3 2018 included a loss of CNY 58.41 million, compared to a loss of CNY 0.49 million in Q3 2017 [39].