海欣食品(002702) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 270,163,760.22, an increase of 12.70% year-on-year [6]. - Net profit attributable to shareholders was CNY 16,333,154.73, a significant increase of 306.36% compared to the same period last year [6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 13,605,838.93, up 253.23% year-on-year [6]. - Basic earnings per share reached CNY 0.0340, reflecting a growth of 306.36% compared to the previous year [6]. - Operating profit surged by 273.19% to 32,283,834.53, driven by increased operating income and improved gross margin [14]. - Net profit attributable to shareholders reached 26,794,915.35, a 206.43% increase compared to the previous year [14]. - The company expects a net profit for 2018 to be between 1,500 and 5,000, compared to a net loss of 2,728.19 in 2017 [18]. Assets and Cash Flow - Total assets at the end of the reporting period were CNY 1,006,383,548.22, a decrease of 6.30% compared to the end of the previous year [6]. - The net cash flow from operating activities was CNY 6,515,608.11, a decrease of 30.63% compared to the same period last year [6]. - The net cash flow from operating activities improved by 202.94% to 32,063,965.67, mainly due to increased operating income [14]. - Cash and cash equivalents increased by 4,792,974.53, but the net increase was down 74.76% compared to the previous period [14]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 52,996 [10]. - The top shareholder, Teng Yongxiong, holds 18.67% of the shares, amounting to 89,760,000 shares [10]. - The company has no overdue commitments from shareholders or related parties during the reporting period [17]. Non-Recurring Gains and Losses - The company reported a total of CNY 6,009,165.69 in non-recurring gains and losses for the year-to-date [7]. - The company holds a 37.96% stake in Shanghai Maocheng E-commerce Co., which may face impairment risks affecting the 2018 net profit [19]. Research and Development - R&D expenses rose by 49.96% to 11,941,697.96, reflecting increased investment in research and development [14]. Prepayments and Investment Income - Prepayments increased by 161.93% to 14,326,340.46, primarily due to increased procurement prepayments [14]. - Investment income decreased by 33.60% to 7,134,451.47, primarily due to reduced financial investment returns [14]. Return on Equity - The weighted average return on equity was 2.08%, down from 3.11% at the end of the previous year [6].