贝因美(002570) - 2016 Q3 - 季度财报

Financial Performance - Revenue for the reporting period was ¥469,152,911.91, a decrease of 46.16% year-on-year, and cumulative revenue for the year-to-date was ¥1,829,958,600.77, down 30.79%[8] - Net profit attributable to shareholders was -¥194,808,383.23, a decline of 72.47% year-on-year, with a year-to-date net profit of -¥409,030,882.19, down 89.45%[8] - Basic and diluted earnings per share were both -¥0.19, representing a decrease of 72.73% compared to the same period last year[8] - Total revenue decreased by 30.79% compared to the same period last year, with an absolute decrease of 814.12 million yuan, primarily due to a decline in sales volume[19] - Net profit decreased by 92.66% compared to the same period last year, with an absolute decrease of 230.50 million yuan, mainly due to the reduction in total revenue[20] - The estimated net loss for the fiscal year 2016 is projected to be between -41,000 and -38,000 thousand yuan[30] - The net profit attributable to shareholders for the fiscal year 2015 was 10,364.04 thousand yuan, indicating a significant decline in performance[30] - The primary reason for the expected loss is a decrease in sales volume, which has led to a corresponding decline in revenue and gross profit[30] Cash Flow and Liquidity - Cash flow from operating activities showed a net outflow of -¥612,681,208.08, a significant decline of 221.40% year-on-year[8] - Cash flow from operating activities decreased by 30.3% compared to the same period last year, with an absolute decrease of 1.03 billion yuan, primarily due to reduced sales revenue[21] - The company’s cash and cash equivalents net increase decreased by 36.19% compared to the same period last year, with an absolute decrease of 135.32 million yuan, mainly due to reduced sales revenue[23] - The company reported a 97.03% increase in cash and cash equivalents at the end of the period, primarily due to increased bank borrowings[16] Borrowings and Financial Expenses - Short-term borrowings increased by 224.08% to ¥107,460,780,000, reflecting the company's reliance on bank loans[16] - Financial expenses increased by 1838.75% compared to the same period last year, with an absolute increase of 22.56 million yuan, mainly due to increased bank borrowings[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 83,258, with the top ten shareholders holding a significant portion of shares[12] - The largest shareholder, Beiyinmei Group Co., Ltd., held 33.06% of the shares, amounting to 338,083,494 shares[12] Asset Management - Total assets at the end of the reporting period reached ¥5,664,080,958.41, an increase of 6.40% compared to the end of the previous year[8] - The company’s total assets impairment loss increased by 160.37% compared to the same period last year, with an absolute increase of 27.84 million yuan, mainly due to increased inventory write-downs[19] Investment Activities - The company completed the acquisition of 51% equity in Darnum factory for 82 million AUD, with a total investment of 200 million AUD planned for the joint venture[25] - The company’s investment activities cash outflow increased by 58.61% compared to the same period last year, with an absolute increase of 259.17 million yuan, primarily due to increased term deposit investments[22] Other Financial Metrics - Other payables increased by 71.48% compared to the beginning of the period, with an absolute increase of 213.15 million yuan, mainly due to increased fees payable to distributors[19] - The company experienced a 72.3% increase in prepayments, indicating a rise in advance payments for goods[16] - The company’s unallocated profits decreased by 33.79% compared to the beginning of the period, with an absolute decrease of 409.03 million yuan, mainly due to reduced operating income[18]