登海种业(002041) - 2016 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 61,769,008.70, representing a year-on-year increase of 33.55%[8] - Net profit attributable to shareholders of the listed company reached CNY 6,973,465.16, a significant increase of 250.93% compared to the same period last year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 4,479,317.93, a decrease of 465.24% year-on-year[8] - Basic earnings per share were CNY 0.0079, an increase of 243.48% compared to the same period last year[8] - The net profit attributable to shareholders of the parent company increased by 32.71% compared to the same period last year, driven by increased operating revenue[18] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,238,286,022.62, a decrease of 1.38% compared to the end of the previous year[8] - Net assets attributable to shareholders of the listed company increased by 10.59% to CNY 2,483,550,585.32[8] - Cash and cash equivalents increased by 65.54% compared to the beginning of the period, mainly due to the maturity of bank wealth management products[18] - Accounts receivable decreased by 74.59% compared to the beginning of the period, primarily due to the settlement of payments by distributors at the end of the sales season[18] - Prepaid accounts increased by 522.00% compared to the beginning of the period, attributed to prepayments for seed production in 2016[18] - Construction in progress increased by 76.20% compared to the beginning of the period, due to increased investment in research and production facilities[18] - Development expenses increased by 32.98% compared to the beginning of the period, mainly due to increased expenses for testing new corn varieties[18] - Accounts payable decreased by 45.89% compared to the beginning of the period, as a result of settling payments for seed production in 2015[18] Shareholder Information - The total number of shareholders at the end of the reporting period was 35,238[12] - The top shareholder, Laizhou Agricultural Science Institute, held 53.18% of the shares, totaling 468,008,155 shares[12] Future Projections - The estimated net profit for 2016 is expected to range from 36,838.75 to 55,258.13 million yuan, representing a change of 0.00% to 50.00% compared to the previous year[21] - The main varieties, Denghai 605 and Denghai 618, showed an upward trend in sales volume[21] Taxation - Tax expenses decreased by 97.99% compared to the beginning of the period, primarily due to tax payments made during the period[18] Return on Investment - The weighted average return on net assets was 0.28%, up from 0.18% at the end of the previous year[8] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 16,511,142.83, a decrease of 139.11% compared to the same period last year[8]