凯文教育(002659) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the period was ¥67,902,028.58, down 68.82% year-on-year[8] - Net profit attributable to shareholders was -¥19,725,912.80, a decrease of 46.13% compared to the same period last year[8] - The company reported a basic earnings per share of -¥0.0396, a decline of 43.48% year-on-year[8] - Operating revenue for the reporting period decreased by ¥291,790,003.76, a decline of 64.98%, due to the divestment of the bridge steel structure business[18] - Cash received from sales of goods and services decreased by ¥272,482,658.3, a decline of 46.17%, due to the divestment of the bridge steel structure business[19] - Cash paid for purchasing goods and services decreased by ¥304,974,284.87, a decline of 82.51%, due to the divestment of the bridge steel structure business[20] - The company expects a net loss for 2018, estimated between ¥98,000,000 and ¥85,000,000, compared to a net profit of ¥23,259,100 in 2017[27] Assets and Liabilities - Total assets increased to ¥3,786,163,555.36, a growth of 20.39% compared to the previous year[8] - Cash and cash equivalents increased by ¥547,297,906.12, a growth of 331.56% due to a bank loan of ¥1 billion received during the period[16] - Accounts receivable increased by ¥13,002,518.78, a staggering growth of 10,070.46% primarily due to increased rental income[16] - As of the end of the reporting period, accounts payable decreased by ¥376,028,823.59, a decline of 77.72%, mainly due to payments for project settlement[17] - The company’s advance receipts increased by ¥133,532,236.74, a growth of 140.06%, primarily due to the pre-collection of tuition fees for the 2018-2019 academic year[17] - The company’s long-term borrowings increased by ¥1,000,000,000, a growth of 100%, due to obtaining a long-term loan[17] - Other payables increased by ¥14,343,767.4, a growth of 47.58%, mainly due to an increase in rental deposits received[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 11,963[12] - The largest shareholder, Badachu Holdings Group, holds 32.60% of the shares, totaling 162,547,954 shares[12] Government Support and Future Plans - The company received government subsidies amounting to ¥595,900 during the reporting period[9] - The company plans to raise up to ¥1,000,000,000 through a non-public stock issuance to fund a high-quality youth education platform project[25]