远程股份(002692) - 2016 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥542,547,401.72, down 36.16% year-on-year [7]. - Net profit attributable to shareholders was ¥22,362,975.21, a decline of 54.31% compared to the same period last year [7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥17,155,262.03, down 64.19% year-on-year [7]. - Basic earnings per share were ¥0.0311, a decrease of 79.25% compared to the same period last year [7]. - The weighted average return on net assets was 1.56%, down 2.01% year-on-year [7]. - Net profit for the period was ¥20,411,085.55, a decline of 65.4% from ¥59,074,183.24 year-over-year [30]. - The company's operating revenue for Q3 2016 was ¥489,798,010.09, a decrease of 28.4% compared to ¥682,811,751.84 in the same period last year [32]. - The basic earnings per share for Q3 2016 was ¥0.1212, down from ¥0.3714 in Q3 2015, indicating a decline of 67.3% [35]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥94,522,156.91, a decrease of 224.74% [7]. - Cash flow from operating activities showed a significant decline of 224.74% to -¥94,522,156.91, mainly due to reduced sales collections [15]. - The cash flow from operating activities showed a net outflow of ¥94,522,156.91, contrasting with a net inflow of ¥75,774,765.65 in the previous year [40]. - The net cash flow from operating activities was -197,698,335.39, compared to -141,714,242.28 in the previous year, indicating a decline in operational performance [44]. - The company achieved a net cash inflow from investing activities of ¥226,844,943.27, compared to a net outflow of ¥109,053,517.06 in the same period last year [41]. - Cash inflow from investment activities totaled 398,326,434.38, significantly up from 50,216,163.30 in the same quarter last year [44]. - The net cash flow from investment activities improved to 254,887,796.58, compared to a negative cash flow of -130,748,291.65 in the previous year [44]. - Cash inflow from financing activities was 723,500,024.31, down from 858,000,000.00 in the previous year [44]. - The net cash flow from financing activities was -71,818,913.18, a decline from a positive cash flow of 151,181,004.65 in the same quarter last year [44]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,851,599,928.22, a decrease of 11.56% compared to the previous year [7]. - The company's total assets decreased to ¥2,851,599,928.22 from ¥3,224,310,381.22, reflecting a reduction of 11.5% [26]. - Current liabilities totaled ¥1,372,952,671.14, down 19.2% from ¥1,699,836,077.10 at the beginning of the period [26]. - Cash and cash equivalents decreased to ¥367,667,378.68 from ¥461,585,664.93, a drop of 20.3% [25]. - Accounts receivable decreased to ¥1,212,629,862.55 from ¥1,358,993,840.71, a reduction of 10.7% [25]. - The total equity attributable to shareholders increased to ¥1,440,848,215.07 from ¥1,402,773,470.32, an increase of 2.7% [26]. Shareholder Information - The company had a total of 17,287 shareholders at the end of the reporting period [11]. - The top shareholder, Yang Xiaoming, held 29.11% of the shares, amounting to 209,067,463 shares [11]. Other Financial Metrics - Prepayments increased significantly by 1064.51% to ¥47,612,993.39 due to higher advance payments for raw material purchases [15]. - Other current assets decreased by 92.32% to ¥4,993,084.59 primarily due to the maturity and recovery of financial products during the reporting period [15]. - Long-term deferred expenses decreased by 90.52% to ¥13,468.62 as a result of amortization of rental renovation costs during the lease term [15]. - The company reported an increase in asset impairment losses by 87.43% to ¥27,165,068.15, primarily due to provisions for bad debts on accounts receivable [15]. - The company reduced accounts payable by 43.41% to ¥124,522,529.61, driven by a decrease in procurement volume and prices [15]. - The company sold its subsidiary, resulting in a decrease in minority interests by 70.74% to ¥34,559,055.69 [15]. - The company has ongoing investments in new technologies and product development, although specific figures were not disclosed in the report [30]. Future Outlook - The company expects a net profit attributable to shareholders for 2016 to range from ¥8,963.51 million to ¥12,805.01 million, reflecting a decrease of 30.00% to 0.00% compared to 2015 [17]. Audit Information - The company did not undergo an audit for the third quarter report [46].