三变科技(002112) - 2017 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 158,829,628.29, an increase of 70.77% year-on-year[8] - Net profit attributable to shareholders was a loss of CNY 24,107,768.50, a decrease of 393.13% compared to the same period last year[8] - Basic earnings per share were CNY -0.120, down 400.00% year-on-year[8] - Operating profit decreased by 43.20% to -¥56.69 million, primarily due to a significant decline in revenue and gross margin[19] - Net profit attributable to shareholders decreased by 393.13% to -¥54.58 million, driven by a substantial drop in revenue and gross margin[19] - The company expects a net loss for 2017 between -¥90.00 million and -¥82.00 million, citing a decline in operating income and rising raw material costs[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,189,251,181.42, a decrease of 3.31% compared to the end of the previous year[8] - Net assets attributable to shareholders decreased by 10.80% to CNY 450,829,952.79[8] - Cash and cash equivalents decreased by 51.64% to ¥79.08 million, primarily due to the expiration of bank acceptance bills and a significant reduction in guarantee deposits[16] - Accounts receivable decreased by 63.72% to ¥1.36 million, mainly due to the endorsement and transfer of acceptance bills received during the period[17] - Inventory increased by 38.91% to ¥275.68 million, attributed to a higher volume of unshipped orders[17] - Short-term borrowings increased by 64.20% to ¥412.00 million, primarily due to higher discount rates on bills leading to increased reliance on short-term loans[17] - Prepayments increased by 201.56% to ¥45.89 million, mainly due to an increase in advance payments from foreign customers[19] - Tax liabilities increased by 295.36% to ¥0.61 million, primarily due to an increase in unpaid taxes at the end of the period[19] Shareholder Information - The total number of shareholders at the end of the reporting period was 15,720[12] - The largest shareholder, Zhejiang Sanbian Group Co., Ltd., held 14.77% of the shares[12] Other Financial Metrics - Net cash flow from operating activities was CNY -344,497.37, a decrease of 93.13% compared to the same period last year[8] - The weighted average return on net assets was -4.89%, a decrease of 15.20% year-on-year[8] - The company reported non-recurring gains and losses totaling CNY 2,114,135.31 for the year-to-date[9] - Investment income increased by 231.81% to ¥7.53 million, mainly from dividends received from the merger fund[19]