晶华新材(603683) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months rose by 13.03% to CNY 591,147,165.01 year-on-year[6] - Net profit attributable to shareholders decreased by 42.27% to CNY 18,231,914.50 compared to the same period last year[6] - Basic earnings per share fell by 57.58% to CNY 0.14[7] - The net profit attributable to the parent company decreased by 42.27% to ¥18,231,914.50, despite a 13.03% increase in operating revenue[12] - The company reported a net profit of CNY 73,370,673.56, up from CNY 65,668,395.11, indicating an increase of approximately 10.3%[21] - Net profit for Q3 2018 reached CNY 1,245,027, a decrease of 86.6% compared to CNY 9,284,167 in Q3 2017[23] - The company reported a total profit of CNY 1,608,990 for Q3 2018, down from CNY 10,933,253 in Q3 2017[23] - The total comprehensive income for Q3 2018 was CNY 1,219,640, down from CNY 7,569,998 in Q3 2017[24] Cash Flow - Net cash flow from operating activities showed a significant decline of 344.85%, resulting in a negative CNY 53,750,458.75[6] - Cash flow from operating activities for the first nine months of 2018 was negative at -¥53,750,458.75, contrasting with a positive cash flow of ¥21,952,583.37 in the previous year[28] - Total cash inflow from operating activities was ¥586,074,172.45, while cash outflow was ¥639,824,631.20, resulting in a net cash flow deficit[28] - The net cash flow from operating activities was negative at -$69,318,687.91, a decline from a positive $37,610,618.52 in the same quarter last year[31] Assets and Liabilities - Total assets increased by 10.47% to CNY 1,282,909,674.23 compared to the end of the previous year[6] - Total liabilities increased to CNY 483,240,307.47 from CNY 375,724,008.99, marking an increase of about 28.6%[18] - Current liabilities totaled CNY 407,870,441.17, up from CNY 263,111,461.36, which is an increase of approximately 55%[18] - Current assets totaled CNY 643,112,088.66, slightly up from CNY 632,951,990.80, indicating a marginal increase of about 0.25%[19] - Non-current assets rose to CNY 639,797,585.57 from CNY 528,370,040.25, reflecting a significant increase of approximately 21.1%[19] Shareholder Information - The total number of shareholders reached 15,840 by the end of the reporting period[9] - The largest shareholder, Zhou Xiaonan, holds 28.87% of the shares, with 36,568,000 shares pledged[9] Inventory and Receivables - Accounts receivable increased by 99.79% to ¥7,526,283.69, attributed to an increase in the settlement method of accounts receivable[11] - Inventory rose by 53.47% to ¥236,535,329.43, driven by increased sales and stockpiling[11] - Prepayments increased by 336.70% to ¥20,707,644.41, mainly due to increased procurement payments by subsidiaries[11] Investment and Expenses - The company reported a significant increase in investment income, rising to ¥2,880,311.20, a 2182.65% increase from the previous year, due to returns from financial products[12] - R&D expenses for Q3 2018 were CNY 5,209,641, down 35.5% from CNY 8,027,912 in Q3 2017[22] - The company incurred operating expenses of ¥489,725,732.10, which is significantly higher than the previous year's expenses of ¥370,309,431.37[28] Operational Adjustments - The company plans to rationalize its production schedule based on actual capacity and market demand, with expectations for further operational adjustments[14] - The company completed 60% of the production line construction for the new masking tape capacity, with full completion expected by March 2019[14] Environmental Compliance - The company faced administrative penalties totaling ¥550,000 for environmental violations, which have been paid[13]