ST工智(000584) - 2016 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period increased by 28.02% to CNY 233,292,914.22 compared to the same period last year[8] - Net profit attributable to shareholders was a loss of CNY 6,965,821.83, a decrease of 61.75% compared to the same period last year[8] - Net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 7,227,352.89, a decrease of 61.09% compared to the same period last year[8] - Basic earnings per share were CNY -0.0113, a decrease of 61.95% compared to the same period last year[8] - The weighted average return on net assets was -0.37%, down from 0.57% in the previous year[8] - The company reported a net profit warning for the year, indicating potential losses or significant changes compared to the same period last year[34] Assets and Liabilities - Total assets at the end of the reporting period decreased by 9.66% to CNY 2,669,182,361.10 compared to the end of the previous year[8] - Net assets attributable to shareholders decreased by 2.29% to CNY 1,882,994,014.88 compared to the end of the previous year[8] - Accounts receivable increased by 949.23% compared to the beginning of the year, primarily due to increased credit limits for customers with good credit[17] - Prepaid accounts increased by 41.80% compared to the beginning of the year, mainly because some suppliers required payment before delivery[18] - Construction in progress decreased by 52.94% compared to the beginning of the year, mainly due to some projects being completed[19] - Deferred tax assets increased by 93.29% compared to the beginning of the year, primarily due to an increase in receivables and bad debt provisions[20] - Short-term borrowings decreased by 58.66% compared to the beginning of the year, mainly due to repayment of bank loans[21] - Advance receipts decreased by 54.59% compared to the beginning of the year, primarily due to the recognition of sales revenue by a subsidiary[22] Cash Flow - The company reported a net cash flow from operating activities of CNY -87,654,088.21, a decrease of 177.72% compared to the previous year[8] - Net cash flow from operating activities decreased by 177.72% compared to the previous period, primarily due to a decrease in cash received from sales[27] Investments - The company’s total investment in securities amounted to 1,246,470 yuan, with a total holding of 1,829,502 shares at the end of the reporting period[34] - The company’s investment in Huayuan Communication was valued at 7,196,744 yuan, with a profit of 856,525.3 yuan during the reporting period[34] - The company holds 1,044,000 shares of Guojin Securities, with a total value of 13,331,880 yuan[34] - The company has no derivative investments during the reporting period[35] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 40,122[12] - The largest shareholder, Jiangsu Shuangliang Technology Co., Ltd., held 33.12% of the shares[12] - The company committed to increase its shareholding by no less than 2 million shares within two months starting from July 10, 2015[32] - The company’s commitment to not reduce shareholding was fulfilled as of January 10, 2016[33] Operational Status - The company engaged in multiple communications regarding its operational status throughout July to September 2016[36] - There were no violations regarding external guarantees during the reporting period[37] - The company reported no non-operating fund occupation by controlling shareholders or related parties[38] Financial Expenses and Impairments - Financial expenses decreased by 281.92% compared to the previous period, mainly due to interest income from financial products[23] - Asset impairment losses increased by 109.38% compared to the previous period, primarily due to an increase in bad debt provisions[24] - Investment income increased by 119.71% compared to the previous period, mainly due to losses from the sale of equity in a subsidiary in the previous year[25]