正平股份(603843) - 2017 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months was ¥949,817,356.45, a decrease of 43.45% compared to the same period last year[6]. - Net profit attributable to shareholders of the listed company was ¥25,537,728.58, down 48.50% year-on-year[6]. - Basic and diluted earnings per share were both ¥0.0638, representing a decline of 59.95% compared to the previous year[7]. - Operating revenue for Q3 2017 was ¥358,779,871.16, down 55.63% from ¥808,518,229.92 in Q3 2016, primarily due to insufficient project commencement in the construction segment[18]. - Operating costs decreased by 57.27% to ¥313,948,705.57, influenced by the national economic environment and insufficient project initiation[18]. - Total revenue for the first nine months was CNY 949,817,356.45, a decrease from CNY 1,679,704,121.52 in the same period last year, representing a decline of approximately 43.4%[33]. - Total operating costs for the first nine months were CNY 919,877,616.57, down from CNY 1,627,082,879.10, indicating a reduction of about 43.4%[33]. - Net profit for the first nine months was CNY 25,537,728.58, compared to CNY 49,588,703.73 in the previous year, reflecting a decrease of approximately 48.6%[34]. - Operating profit for the third quarter was CNY 2,758,027.85, down from CNY 7,750,778.67 in the same quarter last year, indicating a decline of 64.4%[37]. - Net profit for the first nine months was CNY 2,469,576.99, a decrease of 83.7% compared to CNY 15,133,096.83 in the previous year[38]. Cash Flow - The net cash flow from operating activities was negative at ¥801,435,987.20, a deterioration of 44.22% compared to the same period last year[6]. - The net cash flow from operating activities for the first nine months of 2017 was -801,435,987.20 RMB, a decrease of 44.22% compared to -555,695,822.29 RMB in the same period of 2016[19]. - Total cash inflow from operating activities was 819,518,890.01 RMB, while cash outflow was 1,620,954,877.21 RMB, resulting in a significant cash flow deficit[41]. - Total cash inflow from operating activities for the first nine months was 1,193,266,759.92 RMB, compared to 1,912,500,462.55 RMB in the same period last year, showing a decline of approximately 37.5%[43]. - The company paid 955,154,833.35 RMB in other operating cash outflows, which is a significant portion of total cash outflows[43]. - The net cash flow from investing activities was -179,756,110.40 RMB, a decrease from -20,895,876.80 RMB year-over-year, reflecting increased investment expenditures[41]. - The cash outflow for investing activities was 464,093,460.56 RMB, compared to 90,969,124.72 RMB in the previous year, indicating increased capital expenditures[44]. - Cash inflow from financing activities totaled 1,410,754,961.55 RMB, with a net cash flow of 427,775,661.85 RMB after outflows[42]. - The net increase in cash and cash equivalents was -441,492,035.58 RMB, contrasting with a positive increase of 194,940,865.33 RMB in the previous year[44]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥3,665,891,162.30, an increase of 1.47% compared to the end of the previous year[6]. - Net assets attributable to shareholders of the listed company were ¥1,234,182,848.68, reflecting a 1.11% increase year-on-year[6]. - Current liabilities totaled 2,017,531,945.15 RMB, down from 2,313,879,260.17 RMB at the beginning of the year[26]. - Current assets totaled CNY 1,937,341,088.44, down from CNY 2,151,655,332.62 at the beginning of the year, a decline of about 9.95%[30]. - Current liabilities amounted to CNY 1,761,683,171.93, slightly decreased from CNY 1,787,160,931.23, showing a reduction of approximately 1.43%[31]. - The company’s total liabilities increased to CNY 2,094,180,601.93 from CNY 1,864,860,931.23, reflecting an increase of approximately 12.3%[31]. - Long-term borrowings rose significantly by 435.06% to ¥412,000,000.00, resulting from loans obtained from Hai Tong Hengxin International Leasing Co., Ltd. and Qinghai Rural Commercial Bank[17]. - Long-term investments increased to CNY 849,984,098.41 from CNY 484,984,098.41, marking a growth of about 75.3%[30]. Shareholder Information - The total number of shareholders at the end of the reporting period was 33,871[12]. - The largest shareholder, Jin Shengguang, held 25.06% of the shares, with 100,231,443 shares pledged[12]. Other Financial Metrics - The weighted average return on net assets decreased by 1.36 percentage points to 2.0750%[7]. - The company reported non-operating income and expenses totaling -¥519,117.74 for the first nine months[11]. - The company reported a 100% decrease in investment income, with no income recognized in Q3 2017 compared to ¥2,862,035.68 in Q3 2016[18]. - The company’s deferred income increased by 171.06% to ¥1,897,430.00, reflecting government subsidies received for resolving overcapacity issues[17]. - The company reported a significant reduction in income tax expenses, which decreased by 90.24% to 576,867.87 RMB from 5,909,257.21 RMB due to a decrease in total profit[21].