万里股份(600847) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the period reached CNY 407,355,869.74, representing a year-on-year increase of 29.50%[7] - Net profit attributable to shareholders was CNY -3,797,660.28, a decline of 228.08% compared to the same period last year[7] - Basic earnings per share were CNY -0.0248, a decrease of 228.5% compared to the previous year[7] - The company reported a significant decrease in accounts payable by 45.60% to ¥12,154,274.67 from ¥22,340,453.60, mainly due to payment of goods[14] - Total operating revenue for Q3 2018 was CNY 145,337,996.51, a decrease of 3.5% compared to CNY 150,919,737.98 in Q3 2017[25] - Net profit for Q3 2018 was a loss of CNY 6,309,692.22, compared to a profit of CNY 3,954,792.90 in Q3 2017[26] - The company reported a net loss attributable to the parent company of ¥6,309,692.22 for Q3 2018, compared to a profit of ¥4,063,062.79 in the same period last year[27] - The total profit for the first nine months of 2018 was ¥718,869.93, a decrease from ¥4,787,053.34 in the same period last year[30] Cash Flow - The net cash flow from operating activities was CNY 1,960,360.26, a significant improvement from CNY -26,239,585.79 in the same period last year[7] - Cash flow from operating activities for the first nine months was CNY 1,960,360.26, a significant improvement from a negative cash flow of CNY -26,239,585.79 in the same period last year[34] - Total cash inflow from operating activities reached CNY 383,501,717.49, compared to CNY 309,078,914.49 in the previous year, indicating a year-over-year increase of approximately 24%[34] - Cash outflow from operating activities was CNY 381,541,357.23, up from CNY 335,318,500.28, reflecting a 14% increase year-over-year[35] - Investment activities resulted in a net cash outflow of CNY -16,788,246.17, compared to a larger outflow of CNY -182,241,097.02 in the previous year[35] - Cash inflow from financing activities was CNY 184,857,000.00, a decrease from CNY 590,550,000.00 in the same period last year[35] - The net cash flow from financing activities was CNY 8,828,000.00, down from CNY 189,694,776.09 in the previous year[35] - The ending cash and cash equivalents balance was CNY 5,170,137.49, a decrease from CNY 5,875,269.83 at the end of the previous year[35] Assets and Liabilities - Total assets at the end of the reporting period were CNY 835,572,884.93, a decrease of 1.35% compared to the end of the previous year[7] - The company's cash and cash equivalents decreased by 45.66% to ¥7,137,971 from ¥13,135,403.40 due to payment of goods[14] - Inventory decreased by 8.21% to ¥123,798,348.63 from ¥134,864,112.09, attributed to a reduction in work-in-progress[14] - The total assets decreased to ¥835,572,884.93 from ¥847,036,514.06, reflecting a decline in both current and non-current assets[19] - Total liabilities as of September 30, 2018, were CNY 156,727,714.84, a decrease from CNY 172,065,064.18 at the beginning of the year[23] - The company's total equity as of September 30, 2018, was CNY 685,159,839.92, slightly up from CNY 684,440,969.99 at the beginning of the year[23] Shareholder Information - The total number of shareholders at the end of the reporting period was 8,252[12] - The top ten shareholders held a total of 60.53% of the shares, with the largest shareholder owning 10%[12] Government Support and Other Income - Government subsidies recognized during the period amounted to CNY 839,806.70, contributing to the overall financial performance[9] - The company reported a non-operating income of CNY 1,626.69, indicating a recovery from previous losses[9] Operating Costs and Expenses - Operating costs rose by 28.71% to ¥357,128,155.61 from ¥277,473,306.52, in line with increased sales revenue[14] - The company reported a significant increase in financial expenses, with CNY 1,718,468.35 in Q3 2018 compared to CNY 600,670.66 in Q3 2017[26] - The company incurred financial expenses of ¥6,030,131.47 for the first nine months of 2018, significantly higher than ¥730,935.72 in the previous year[29] - Financial expenses surged by 721.46% to ¥6,008,008.64 from ¥731,383.24, primarily due to increased interest on loans from related parties[14] Revenue Growth - Total revenue for the first nine months of 2018 reached ¥428,946,179.25, an increase of 37.5% from ¥312,013,524.73 in the previous year[29] - Total sales revenue from goods and services for the first nine months was CNY 377,718,018.73, compared to CNY 294,282,837.06 in the same period last year, marking a growth of approximately 28%[34]