巨星农牧(603477) - 2018 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was CNY 48,001,486.92, an increase of 3.76% year-on-year[6]. - Operating revenue for the first nine months was CNY 477,156,244.97, showing a slight increase of 0.12% compared to the same period last year[6]. - Total operating revenue for Q3 2018 was CNY 162,815,429.61, a decrease of 4.7% compared to CNY 170,795,744.38 in Q3 2017[24]. - Net profit for Q3 2018 was CNY 20,850,901.36, slightly down from CNY 20,969,611.77 in Q3 2017, representing a decrease of 0.6%[25]. - The company reported a total comprehensive income for Q3 2018 of CNY 22,015,555.79, compared to CNY 20,958,695.62 in Q3 2017, an increase of 5.0%[26]. - The company’s total operating revenue for the first nine months of 2018 was CNY 477,156,244.97, slightly up from CNY 476,571,328.72 in the same period of 2017[24]. - The company reported a net cash outflow from financing activities of ¥107.32 million in the first nine months of 2018, compared to an outflow of ¥7.36 million in the same period of 2017[32]. - The company’s total comprehensive income for Q3 2018 was ¥17.53 million, compared to ¥19.07 million in Q3 2017, indicating a decrease of 8.06%[29]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,355,019,070.50, a decrease of 0.77% compared to the end of the previous year[6]. - The total liabilities of the company were CNY 505,591,227.14, down from CNY 554,262,531.88, indicating a decrease of approximately 8.8%[18]. - The company’s current assets totaled CNY 956,194,522.38, down from CNY 991,824,374.22 at the beginning of the year, indicating a decline of approximately 3.6%[17]. - Total liabilities increased by 33.56% to ¥206,673,189.42, driven by extended payment terms and increased bill issuance[13]. - The company reported a cash balance of CNY 290,319,507.24, down from CNY 462,679,027.81 at the beginning of the year, a decline of approximately 37.1%[16]. - The ending cash and cash equivalents balance was $262,881,449.89, down from $55,244,469.00 year-over-year[36]. Shareholder Information - The total number of shareholders at the end of the reporting period was 22,006[11]. - The largest shareholder, Sichuan Hebang Investment Group Co., Ltd., held 43.87% of the shares, amounting to 105,290,000 shares[11]. Cash Flow - The net cash flow from operating activities was negative CNY 1,927,587.18, a decrease of 103.92% compared to the previous year[6]. - Cash flow from operating activities for the first nine months of 2018 was negative at -¥1.93 million, compared to positive cash flow of ¥49.20 million in the same period of 2017[31]. - Cash outflow from investing activities totaled $75,769,732.33, significantly higher than $34,987,974.78 in the previous year, resulting in a net cash outflow of $75,532,356.33[36]. - Net cash flow from financing activities was -$118,854,788.80, compared to -$2,184,688.69 in the same period last year, indicating increased cash outflows[36]. Expenses - Research and development expenses rose by 38.65% to ¥2,468,520.51, reflecting increased investment in new product development[14]. - Financial expenses decreased by 38.44% to ¥6,973,281.52, attributed to reduced loans and government interest subsidies received[14]. - Cash paid for employee compensation was $53,075,452.39, slightly up from $50,445,844.97 in the previous year[35]. - Cash paid for taxes increased significantly to $43,149,335.24 from $15,831,507.67 year-over-year[35].