康隆达(603665) - 2017 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months rose by 10.56% to CNY 572,721,982.37 compared to the same period last year[6] - Net profit attributable to shareholders decreased by 15.42% to CNY 65,066,134.29 compared to the same period last year[6] - Basic earnings per share decreased by 31.07% to CNY 0.71[7] - Total profit for the first nine months of 2017 reached RMB 77,103,469.81, compared to RMB 91,238,251.93 in the same period last year, reflecting a decline of 15.5%[27] - Net profit for the first nine months of 2017 was ¥57,319,281.48, down 8.2% from ¥62,414,473.68 in the previous year[30] - The company reported a total profit of ¥26,465,915.70 for Q3 2017, a decrease from ¥29,509,224.22 in Q3 2016[30] Cash Flow - Net cash flow from operating activities decreased by 36.86% to CNY 18,806,060.78 compared to the same period last year[6] - Cash flow from operating activities for the first nine months of 2017 was ¥18,806,060.78, down 36.8% from ¥29,786,889.78 in the same period last year[32] - Cash flow from investing activities showed a net outflow of ¥225,627,547.26, compared to a net outflow of ¥29,683,753.70 in the previous year[33] - Cash inflow from investment activities significantly increased to ¥383,104,952.54, compared to only ¥21,421,201.33 in the previous year[35] - Net cash flow from financing activities improved to ¥304,830,391.22, compared to only ¥4,236,737.21 in the previous year[36] Assets and Liabilities - Total assets increased by 42.52% to CNY 1,112,135,740.24 compared to the end of the previous year[6] - Total liabilities decreased to ¥179,007,237.63 from ¥399,617,310.42, a reduction of 55.2%[19] - The company's total liabilities saw a significant reduction, with short-term borrowings decreasing by 90.83% to RMB 18,000,000.00 due to loan repayments[12] - Current assets increased to ¥678,890,170.99 from ¥331,932,389.19, representing a growth of 104.1%[17] - Total assets rose to ¥1,112,135,740.24 from ¥780,342,247.10, an increase of 42.5%[19] Shareholder Information - The total number of shareholders at the end of the reporting period was 14,691[10] - The largest shareholder, Shaoxing Shangyu Dongda Knitting Co., Ltd., holds 36.48% of shares, which are frozen[10] Expenses - The company’s management expenses increased by 32.68% to RMB 68,733,374.36, mainly due to higher costs associated with relocating the factory and increased R&D expenditures[12] - Total operating costs for Q3 2017 were RMB 172,505,974.29, up 8.1% from RMB 159,560,035.58 in the same period last year[26] - Management expenses for Q3 2017 were RMB 26,008,660.72, an increase of 40.2% from RMB 18,538,367.69 in Q3 2016[26] Investment Activities - The company established a joint venture, Jining Yukan Protective Technology Co., Ltd., with a registered capital of RMB 10 million, where the company contributed RMB 5.1 million[14] - The company received cash inflow of ¥504,000,000.00 from investment activities, compared to only ¥400,000.00 in the previous year[33] - The company received government subsidies amounting to CNY 822,552.00 during the reporting period[8] Other Financial Metrics - The weighted average return on net assets decreased by 14.27 percentage points to 8.93%[7] - The company recorded investment income of RMB 603,918.67 in Q3 2017, compared to a loss of RMB 210,990.52 in Q3 2016[27] - Tax expenses for Q3 2017 were RMB 3,071,601.79, down from RMB 4,929,625.15 in the same period last year[27]