獐子岛(002069) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the period was CNY 695,747,420.51, a decline of 14.93% year-on-year[8] - Net profit attributable to shareholders was CNY 8,734,408.52, down 81.38% compared to the same period last year[8] - The net profit after deducting non-recurring gains and losses was CNY -2,019,827.40, a decrease of 112.05% year-on-year[8] - Basic earnings per share fell by 81.82% to CNY 0.012[8] - Total profit decreased by 61.12% to ¥30,811,853.60 primarily due to a reduction in the production of bottom-seeded scallops[16] - Net profit decreased by 64.34% to ¥27,521,948.97, reflecting the same reasons as total profit[16] - Basic and diluted earnings per share decreased by 69.72% to ¥0.033[16] Assets and Liabilities - Total assets decreased by 8.25% to CNY 3,618,770,011.54 compared to the end of the previous year[8] - Current portion of non-current liabilities increased by 133.10% to ¥922,275,984.94 due to an increase in long-term borrowings due within one year[16] - Long-term borrowings decreased by 80.97% to ¥213,888,695.23, reflecting the reclassification of financing lease borrowings to current liabilities[16] Cash Flow - Cash flow from operating activities decreased by 63.96% to CNY 47,255,629.01[8] - Net cash flow from operating activities increased by 1032.68% to ¥283,608,473.32 due to accelerated collection of sales receivables[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 49,684[12] - The largest shareholder, Changhai County Zangzi Island Investment Development Center, held 30.76% of the shares[12] Non-Recurring Items - The company reported a total of CNY 15,963,495.36 in non-recurring gains and losses for the year-to-date[9] - Other income increased by 450.20% to ¥16,344,848.79 due to an increase in government subsidies received during the reporting period[16] - The company reported a 92.10% decrease in non-operating income to ¥2,614,321.17, mainly due to significant insurance claims in the previous period[16] Future Outlook - The company expects to achieve a net profit of ¥30,000,000 to ¥50,000,000 for the year 2018, recovering from a loss of ¥72,285,750 in 2017[19] Employee Compensation - Employee compensation payable decreased by 54.17% to ¥23,723,839.05 due to the performance bonus for 2017 being paid in January of the current year[16]