富临运业(002357) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥241,280,857.45, representing a decline of 11.01% year-on-year [8]. - Net profit attributable to shareholders was ¥6,236,443.97, down 88.00% compared to the same period last year [8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥3,999,466.97, a decrease of 91.97% year-on-year [8]. - Basic earnings per share were ¥0.0199, down 88.00% year-on-year [8]. - The weighted average return on net assets was 0.56%, a decrease of 4.32% compared to the previous year [8]. - The estimated net profit attributable to shareholders for 2018 is expected to range from 30.96 million yuan to 82.56 million yuan, representing a year-on-year decrease of 20.00% to 70.00% [23]. - The decline in passenger flow and the provision for asset impairment are the main reasons for the expected decrease in performance [23]. Cash Flow - The net cash flow from operating activities was ¥74,781,446.70, an increase of 13.36% compared to the previous year [8]. - Net cash flow from operating activities decreased by 34.83 million yuan compared to the same period last year, mainly due to a decrease in ticket revenue from reduced passenger flow [18]. - Net cash flow from investing activities decreased by 35.81 million yuan year-on-year, primarily due to a decrease in asset disposal gains and an increase in asset acquisitions [18]. - Net cash flow from financing activities increased by 99.28 million yuan compared to the previous year, mainly due to a reduction in bank loan repayments and interest [18]. Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥2,678,323,161.39, a decrease of 1.32% compared to the end of the previous year [8]. - Prepayments increased by 30.83% compared to the beginning of the year, mainly due to compensation payments and vehicle insurance prepayments [16]. - Accounts payable increased by 40.38% compared to the beginning of the year, primarily due to the purchase of operating vehicles using bank acceptance bills [16]. - Tax payable decreased by 61.18% compared to the beginning of the year, due to tax payments made for the previous year's income tax [16]. Expenses - Sales expenses decreased by 34.50% compared to the same period last year, primarily due to organizational streamlining and staff reductions [17]. - Asset impairment losses increased by 87.71% year-on-year, mainly due to an increase in asset impairment provisions [17]. - Asset disposal gains rose by 1228.61% year-on-year, attributed to an increase in asset disposal income [17]. - Operating expenses decreased by 50.72% compared to the previous year, mainly due to a reduction in debt restructuring losses [17]. - Income tax expenses decreased by 31.73% year-on-year, primarily due to a decrease in taxable income [17].