南卫股份(603880) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months was ¥350,371,077.27, a decrease of 2.79% compared to the same period last year[7]. - Net profit attributable to shareholders of the listed company for the first nine months was ¥52,504,845.75, representing a year-on-year increase of 27.70%[7]. - The company reported a net profit excluding non-recurring items of ¥34,424,848.21, down 13.22% year-on-year[8]. - Operating revenue for Q3 2018 was ¥119,577,752.98, slightly down from ¥120,242,058.03 in Q3 2017, a decrease of about 0.6%[25]. - Year-to-date operating revenue reached ¥350,371,077.27, down from ¥360,434,150.14, indicating a decline of approximately 2.9%[25]. - The company reported a basic earnings per share of CNY 0.10 for Q3 2018, down from CNY 0.17 in Q3 2017[28]. - The net profit for Q3 2018 was CNY 12,176,896.84, a decrease from CNY 14,495,733.66 in the same period last year, representing a decline of approximately 17.99%[32]. - The total operating profit for the quarter was CNY 13,455,512.80, compared to CNY 16,014,675.71 in Q3 2017, reflecting a decrease of about 16.00%[32]. Cash Flow - Cash flow from operating activities for the first nine months was ¥28,922,098.11, down 36.64% from the previous year[7]. - Cash flow from operating activities has shown a significant decline, indicating potential liquidity challenges for the company moving forward[7]. - The net cash flow from operating activities decreased by 36.64% from CNY 45,644,548.08 to CNY 28,922,098.11 due to increased payments for raw materials[14]. - The company reported a net cash outflow from investing activities of CNY -41,477,216.06 for the first nine months, compared to CNY -97,104,364.92 in the previous year, showing an improvement in cash flow[35]. - The cash inflow from financing activities was CNY 220,800,000.00, down from CNY 496,396,523.79 in the previous year, indicating a decrease of about 55.66%[35]. - The net increase in cash and cash equivalents for the period is -RMB 84,127,900.66, contrasting with an increase of RMB 132,845,997.71 in the same period last year[40]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥842,849,977.11, an increase of 2.42% compared to the end of the previous year[7]. - Total liabilities decreased to ¥268,590,097.59 from ¥285,396,035.23, a reduction of about 5.5%[19]. - The company's total current assets increased from CNY 587,375,846.55 to CNY 626,011,447.87[17]. - The company's total liabilities and equity increased from CNY 100,000,000.00 to CNY 130,000,000.00, reflecting a 30.00% increase in paid-in capital[13]. - Owner's equity rose to ¥574,259,879.52, compared to ¥537,568,799.02, reflecting an increase of approximately 6.8%[19]. Expenses - Cash flow from operating activities for the first nine months of 2018 was CNY 28,922,098.11, down from CNY 45,644,548.08 in the previous year, indicating a decline of approximately 36.61%[33]. - The company's sales expenses rose by 64.10% from CNY 6,499,427.57 to CNY 10,665,491.84 due to increased freight and advertising costs[13]. - Operating costs for Q3 2018 were CNY 94,758,778.31, compared to CNY 91,416,959.92 in Q3 2017, reflecting an increase of approximately 3.5%[31]. - R&D expenses for Q3 2018 amounted to CNY 6,657,667.49, up from CNY 5,544,921.96 in the previous year, indicating a year-over-year increase of about 20.1%[31]. Other Financial Metrics - The weighted average return on equity decreased by 5.00 percentage points to 9.41%[8]. - Basic and diluted earnings per share were both ¥0.40, a decline of 21.57% compared to the previous year[8]. - Non-recurring gains and losses for the first nine months totaled ¥2,207,500.68, significantly lower than ¥18,079,997.55 in the same period last year[10]. - The company reported an investment income of CNY 1,951,604.27, a significant increase compared to the previous year's loss of CNY -179,863.11[14]. - The company received CNY 4,495,648.66 in tax refunds during the first nine months, compared to CNY 905,213.03 in the previous year, an increase of approximately 396.00%[33].