联化科技(002250) - 2016 Q3 - 季度财报

Financial Performance - Operating revenue for the current period was CNY 516,323,528.51, a decline of 51.05% year-on-year[9] - Net profit attributable to shareholders was a loss of CNY 6,772,088.81, down 105.19% compared to the same period last year[9] - The net profit after deducting non-recurring gains and losses was a loss of CNY 6,348,536.11, a decrease of 104.90% year-on-year[9] - Basic and diluted earnings per share were both -CNY 0.01, a decrease of 106.25% compared to the same period last year[9] - The estimated net profit for 2016 is expected to decrease by 20.00% to 50.00%, ranging from ¥319.04 million to ¥510.46 million[19] - The decline in performance is primarily influenced by inventory cycle adjustments in the pesticide industry, leading to reduced order volumes[19] Assets and Liabilities - Total assets decreased by 8.51% to CNY 5,805,014,878.71 compared to the end of the previous year[9] - Accounts receivable decreased by 37.33% to ¥443.84 million due to a decline in sales revenue[16] - Short-term borrowings decreased by 85.01% to ¥80.19 million primarily due to repayment of bank loans[16] - Deferred income decreased by 74.65% to ¥24.40 million due to the transfer of income from land sales[16] Cash Flow - The company reported a net cash flow from operating activities of CNY 536,786,335.96, down 11.64% year-to-date[9] - Net cash flow from investment activities improved by 73.74%, with a reduction in fixed asset investments[16] - Net cash flow from financing activities decreased by 140.22% to -¥572.97 million due to a significant reduction in borrowings[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 21,981[13] - The largest shareholder, Mou Jinxiang, holds 30.49% of the shares, totaling 254,535,853 shares[13] Non-Recurring Items - Non-recurring gains and losses amounted to CNY 55,570,728.61, primarily due to government subsidies[11] Expenses - Sales expenses decreased by 31.72% to ¥18.93 million, attributed to the decline in sales[16] - Operating revenue decreased by 23.13% to ¥2.29 billion, with industrial business down 22.69% year-on-year[16] - Non-operating income increased by 1088.20% to ¥86.59 million, mainly from land sales[16] Return on Assets - The weighted average return on net assets was -0.16%, a decrease of 3.45% compared to the previous year[9]