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海南发展(002163) - 2018 Q3 - 季度财报
HNHDHNHD(SZ:002163)2018-10-29 16:00

Financial Performance - Operating revenue for the reporting period was CNY 1,136,029,144.79, down 10.18% year-on-year, while year-to-date revenue increased by 9.32% to CNY 3,329,034,266.35[8] - Net profit attributable to shareholders was a loss of CNY 30,099,016.75, a decrease of 437.68% compared to the same period last year[8] - Basic earnings per share were -CNY 0.04, reflecting a decrease of 300.00% year-on-year[8] - The weighted average return on net assets was -4.44%, a decrease of 3.65% compared to the previous year[8] - The company expects a net loss for 2018, projecting a loss between ¥-3,000,000 and ¥0, compared to a net loss of ¥-914.27 million in 2017[22] - The decrease in sales volume and prices of glass and deep-processing products contributed to the increased losses[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,297,793,980.73, a decrease of 6.65% compared to the end of the previous year[8] - Other receivables increased by 45.67% to ¥169,213,988.37 due to various deposits and pending subsidy payments[16] - Long-term borrowings rose by 112.85% to ¥1,412,054,927.30 as a result of new long-term loans obtained during the period[16] - Asset impairment losses surged by 502.74% to ¥12,972,816.62 primarily due to increased bad debt provisions for receivables[16] Cash Flow - The net cash flow from operating activities was CNY 203,299,595.42, an increase of 19.52% compared to the same period last year[8] - The cash flow from investment activities decreased by 52.31% to ¥11,522,184.46 due to increased expenditures on long-term asset construction[16] - The impact of exchange rate fluctuations on cash and cash equivalents improved by 183.32%, resulting in ¥2,427,212.52[16] Shareholder Information - The total number of shareholders at the end of the reporting period was 59,880[12] - The top shareholder, Shenzhen Guihang Industrial Co., Ltd., held 13.74% of shares, amounting to 110,377,651 shares, with some shares frozen[12] Other Income and Developments - The company reported non-operating income of CNY 11,590,027.85 for the year-to-date period[9] - Other income increased by 397.83% to ¥26,980,306.41, mainly from government subsidies related to daily activities[16] - There were no significant new product developments or market expansion strategies mentioned in the report[15] - The company is in the process of transferring 13% of its subsidiary Hainan Special Glass due to ongoing losses impacting financial performance[18] - The company has completed the asset evaluation for the capital increase to its subsidiary Guangdong Special Glass, with the agreement signing and registration process ongoing[17]