万里股份(600847) - 2016 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was CNY -1,440,405.25, a decline of 114.44% year-on-year[7] - Operating revenue for the first nine months was CNY 180,420,335.87, down 0.59% from the same period last year[7] - The company reported a basic earnings per share of CNY -0.009, a decline of 114.29% year-on-year[8] - Total operating revenue for Q3 2016 was ¥86,801,114.78, an increase from ¥70,366,251.24 in the same period last year, representing a growth of approximately 23.3%[27] - Net profit attributable to shareholders for Q3 2016 was ¥5,466,591.94, compared to ¥7,231,531.82 in the same quarter last year, a decrease of about 24.4%[29] - Operating profit for Q3 2016 was ¥5,456,912.81, down from ¥8,092,958.08 in Q3 2015, reflecting a decline of approximately 32.2%[28] - Net profit for Q3 2016 was ¥6,221,107.22, down 26.5% from ¥8,405,542.20 in Q3 2015[32] - Basic earnings per share for Q3 2016 were ¥0.0406, a decrease of 19.5% from ¥0.0532 in Q3 2015[33] Cash Flow and Liquidity - The net cash flow from operating activities was CNY -65,782,648.77, a decrease of 1,932.37% compared to the previous year[7] - Operating cash flow for the first nine months of 2016 was negative at -¥65,782,648.77, compared to a positive cash flow of ¥3,590,024.79 in the same period last year[34] - Cash inflow from investment activities totaled CNY 482,981,782.02, up from CNY 283,043,351.31 year-over-year[37] - Net cash flow from investment activities was CNY 156,520,790.03, a significant improvement from CNY -29,427,487.52 in the same period last year[37] - Cash inflow from financing activities was CNY 80,000,000.00, down from CNY 96,355,500.00 year-over-year[37] - Net cash flow from financing activities was negative at CNY -55,482,773.03, compared to CNY -6,956,722.22 in the previous year[37] - Total cash inflow from sales of goods and services was CNY 156,641,358.10, an increase from CNY 113,852,605.56 year-over-year[36] - Total cash outflow for operating activities was CNY 229,204,963.28, slightly lower than CNY 297,469,937.13 in the previous year[37] Assets and Liabilities - Total assets decreased by 7.22% to CNY 828,148,815.34 compared to the end of the previous year[7] - Total assets decreased from CNY 892.58 million at the beginning of the year to CNY 828.15 million at the end of the period[22] - Total liabilities decreased from CNY 182.08 million at the beginning of the year to CNY 119.08 million at the end of the period[22] - Total liabilities for Q3 2016 were ¥118,589,432.05, down from ¥178,741,271.00 in the same period last year, indicating a reduction of approximately 33.6%[25] - The company reported a total equity of ¥709,674,964.74 as of Q3 2016, slightly down from ¥711,265,220.82 at the end of the previous year[25] Shareholder Information - The total number of shareholders reached 11,311[12] - The largest shareholder, Shenzhen Southern Tongzheng Investment Co., Ltd., holds 16.32% of the shares[12] Operational Changes - The company decided to temporarily withdraw its application for major asset restructuring due to the large workload and inability to meet the regulatory requirements[15] - The company terminated its stock incentive plan and repurchased 2.373 million shares of unvested restricted stock[16] - The company has not disclosed any new product developments or market expansion strategies in this report[10] - The company plans to focus on expanding its market presence and developing new technologies in the upcoming quarters[27] Other Financial Metrics - The weighted average return on equity dropped to -0.203%, a decrease of 1.57 percentage points[8] - Accounts receivable increased by 56.07% compared to the beginning of the year, mainly due to an increase in customer acceptance bills received[14] - Prepayments increased by 187.25% compared to the beginning of the year, primarily due to advance payments for goods[14] - Inventory increased by 25.04% compared to the beginning of the year, mainly due to an increase in raw materials[14] - Other non-current assets increased by 127.30% compared to the beginning of the year, primarily due to an increase in tax credits[14] - Cash and cash equivalents decreased from CNY 248.32 million at the beginning of the year to CNY 113.60 million at the end of the period[20] - The company’s cash and cash equivalents decreased to ¥446,696,653.78 from ¥508,472,588.49 year-over-year, a decline of about 12.1%[25] - The ending cash and cash equivalents balance was CNY 91,576,614.28, compared to CNY 97,497,458.09 at the end of the same period last year[37]