美芝股份(002856) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 224,269,372.76, down 1.09% year-on-year, while revenue from the beginning of the year to the reporting period was CNY 654,649,705.49, an increase of 5.98%[7] - Net profit attributable to shareholders was CNY 9,772,175.38, a decrease of 20.42% year-on-year, and from the beginning of the year to the reporting period, it was CNY 28,920,348.74, down 19.36%[7] - Basic earnings per share for the reporting period were CNY 0.0804, a decline of 33.66% compared to the same period last year[7] - Total operating revenue for the current period is ¥224,269,372.76, a decrease of 1.96% from ¥226,745,659.30 in the previous period[36] - Net profit for the current period is ¥9,772,175.38, down 20.5% from ¥12,279,517.02 in the previous period[38] - Basic and diluted earnings per share decreased to ¥0.0804 from ¥0.1212, representing a decline of 33.8%[39] - The total profit for the current period was CNY 37,876,580.80, compared to CNY 48,651,765.49 in the previous period, reflecting a decrease of approximately 22.3%[46] - The company's operating profit was CNY 38,116,643.61, down from CNY 45,406,822.49 in the previous period, a decline of about 16.5%[46] - The total comprehensive income for the current period was CNY 28,920,348.74, down from CNY 35,864,550.92 in the previous period, reflecting a decrease of about 19.4%[47] Cash Flow and Liquidity - The net cash flow from operating activities was CNY -110,006,524.73, a decrease of 131.35% year-on-year, indicating significant cash outflow[7] - Cash flow from operating activities showed a net outflow of CNY -290,702,673.27, worsening from CNY -149,502,997.83 in the previous period[51] - The ending balance of cash and cash equivalents was 131,348,567.72 CNY, down from 274,032,344.48 CNY in the previous period, indicating a significant reduction in liquidity[57] - The cash outflow for operating activities totaled 874,384,525.36 CNY, compared to 658,686,151.44 CNY in the previous period, indicating higher operational costs[56] - The cash and cash equivalents decreased by 293,321,175.63 CNY during the period, contrasting with an increase of 26,283,122.38 CNY in the previous period[57] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,317,855,289.52, a decrease of 5.95% compared to the end of the previous year[7] - Total current assets decreased from 1,344,875,269.59 to 1,250,045,998.95, a decline of approximately 7%[29] - Total liabilities decreased from 748,531,007.82 to 653,509,758.07, a reduction of approximately 13%[31] - Total equity increased from 652,704,756.98 to 664,345,531.45, reflecting a growth of approximately 2%[31] - Cash and cash equivalents dropped significantly from 479,664,669.04 to 166,892,554.19, a decrease of about 65%[29] - Accounts receivable increased from 647,546,298.95 to 722,798,330.60, representing an increase of approximately 12%[29] - Inventory rose from 146,261,766.98 to 266,551,561.98, marking an increase of about 82%[29] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,393[11] - The largest shareholder, Li Suhua, holds 51.02% of the shares, amounting to 62,039,040 shares, with 42,408,000 shares pledged[11] Government Support and Expenses - The company received government subsidies amounting to CNY 299,139.38 during the reporting period[8] - Research and development expenses for the current period are ¥1,109,752.01, indicating ongoing investment in innovation[36] - Financial expenses increased to ¥4,183,171.50 from ¥1,104,239.49, primarily due to higher interest expenses[36] - The company reported a significant increase in prepaid expenses from 6,759,097.66 to 14,925,691.15, an increase of about 121%[29] Future Outlook - The company expects a net profit attributable to shareholders for 2018 to range from ¥26,171,500 to ¥46,433,300, representing a year-on-year change of -38.00% to 10.00%[21] - The company plans to continue focusing on market expansion and new product development to drive future growth[36] - The company is involved in ongoing litigation regarding contract disputes, which may impact future cash flows and operational stability[17]