*ST新纺(002087) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 1,534,651,993.50, an increase of 23.52% year-on-year[8] - Net profit attributable to shareholders was CNY 137,657,821.31, reflecting a growth of 37.39% compared to the same period last year[8] - Basic earnings per share were CNY 0.1685, up 37.33% year-on-year[8] - The estimated net profit attributable to shareholders for 2018 is expected to be between 350.61 million yuan and 409.05 million yuan, representing a year-on-year increase of 20% to 40%[20] - The net profit for 2017 attributable to shareholders was 292.18 million yuan, indicating a positive trend in profitability due to successful transformation and capacity increase[20] Cash Flow - The net cash flow from operating activities was CNY 72,010,563.81, a significant decrease of 71.35% compared to the previous year[8] - In the first three quarters of 2018, the net cash flow from investment activities was -188.03 million yuan, an improvement from -498.64 million yuan in the same period last year, mainly due to a decrease in cash paid for fixed assets, intangible assets, and other long-term assets[17] - The net cash flow from financing activities in the first three quarters of 2018 was -693.76 million yuan, compared to 382.07 million yuan in the same period last year, primarily due to a significant repayment of bonds this year[17] Assets and Liabilities - Total assets at the end of the reporting period were CNY 8,876,349,448.14, a decrease of 2.65% compared to the end of the previous year[8] - Other current assets decreased by 31.01% compared to the beginning of the year, mainly due to a reduction in VAT input tax credits[16] - Long-term borrowings decreased by 93.74% compared to the beginning of the year, primarily due to reclassification of long-term borrowings to current liabilities[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 41,292[12] - The largest shareholder, Xinye County Finance Bureau, holds 27.30% of the shares, amounting to 222,960,192 shares[12] Corporate Governance - The company has committed to not engaging in competition with its controlling shareholder, with the commitment being fulfilled since November 30, 2006[18] - The company reported no violations regarding external guarantees during the reporting period[23] - There were no non-operating fund occupations by the controlling shareholder or related parties during the reporting period[24] - The company did not engage in entrusted financial management during the reporting period[25] - The company has not conducted any research, communication, or interview activities during the reporting period[27] Financial Assets - The fair value of financial assets measured at fair value includes an initial investment of 10 million yuan, with a current fair value increase of 25.87 million yuan, totaling 35.87 million yuan at the end of the period[22]