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三变科技(002112) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 153,882,328.86, a decrease of 3.11% compared to the same period last year[8]. - Net profit attributable to shareholders of the listed company was a loss of CNY 26,415,101.84, a decline of 9.57% year-on-year[8]. - Basic earnings per share were CNY -0.130, down 8.33% year-on-year[8]. - The weighted average return on net assets was -7.24%, a decrease of 2.35% compared to the previous year[8]. - Investment income plummeted by 89.04% to ¥82.50 million due to fewer dividends received from previous investments[18]. - The company expects to turn a profit in 2018, with a projected net profit of between ¥500 million and ¥1,000 million, compared to a loss of ¥12,452.92 million in 2017[24]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,065,263,661.81, a decrease of 8.84% compared to the end of the previous year[8]. - Net assets attributable to shareholders of the listed company were CNY 333,301,830.59, down 11.88% year-on-year[8]. - Prepayments increased by 2,105.78% to ¥1,790.65 million due to significant material procurement using prepayment methods[16]. - Other receivables decreased by 55.91% to ¥1,213.67 million as a result of receiving export tax rebates[17]. - Other current assets fell by 49.95% to ¥714.69 million due to a large deduction of input VAT from the previous period[18]. - Unearned revenue decreased by 45.18% to ¥2,865.73 million as more projects recognized revenue during the period[18]. - Tax payable surged by 5,490.24% to ¥870.96 million due to an increase in land value-added tax and other additional taxes[18]. Cash Flow - The net cash flow from operating activities was CNY 15,145,351.75, an increase of 4,496.36% compared to the same period last year[8]. - The net cash flow from operating activities decreased by 241.29% to -¥3,177.15 million, primarily due to high expenditures on acceptance bill guarantees[19]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 23,239[11]. - The largest shareholder, Zhejiang Sanbian Group Co., Ltd., held 14.77% of the shares, totaling 29,770,931 shares[11]. Research and Development - R&D expenses dropped by 55.00% to ¥1,025.13 million, attributed to higher R&D investments in the previous period[18]. Capital Changes - The company completed a capital reduction of ¥5.175 million for its micro-loan company, reducing its registered capital to ¥50 million[21].