顾地科技(002694) - 2016 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 467,267,013.15, down 13.04% year-on-year, and CNY 1,128,825,928.27 for the year-to-date, down 22.11%[7] - Net profit attributable to shareholders was CNY 6,545,626.12, a decrease of 26.51% year-on-year, and CNY 14,759,207.94 year-to-date, down 42.79%[7] - Basic earnings per share for the reporting period were CNY 0.02, down 33.33% year-on-year, and CNY 0.04 year-to-date, down 42.86%[7] - The net profit for the period from January to September 2016 decreased by CNY 15,109,128.93, a decline of 62.03%, mainly attributed to a reduction in operating profit[17] - The operating profit for the period from January to September 2016 decreased by CNY 17,591,631.94, a decline of 63.34%, mainly due to a decrease in sales revenue and gross profit[17] - The net profit attributable to shareholders of the listed company for 2016 is expected to increase by 30.00% to 60.00%, with an estimated range of ¥32,557,200 to ¥40,070,400, compared to ¥25,044,000 in 2015[29] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 62,265,142.37 year-to-date, a decrease of 392.55%[7] - The net cash flow from operating activities decreased by CNY 83,548,644.90, a decline of 392.55%, primarily due to an increase in accounts receivable[19] - The net cash flow from operating activities for the period from January to September 2016 decreased by ¥108,284,576.36 compared to the same period in 2015, representing a decrease of 241.59% due to an increase in accounts receivable and the previous year's recovery of funds occupied by the controlling shareholder[26] - Cash received from borrowings increased by ¥245,018,663.21, a rise of 64.65%, due to an increase in borrowings during the period[26] - Cash paid for debt repayment increased by ¥129,160,000, reflecting a 39.99% increase compared to the previous year, due to higher cash outflows for debt repayment[27] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,201,239,066.16, a decrease of 1.85% compared to the end of the previous year[7] - Accounts receivable decreased by CNY 52,455,941, a reduction of 72.72% due to decreased use of notes for sales payments[15] - Prepayments increased by CNY 23,475,335.06, an increase of 73.49%, primarily for raw material reserves[15] - Construction in progress increased by CNY 39,258,919.83, an increase of 65.79%, due to increased investment in ongoing projects[15] - The balance of prepayments increased by CNY 19,460,639.53, representing a growth of 32.71%, primarily due to an increase in prepayments from distributors[16] - The balance of accounts payable increased by CNY 27,111,519.68, representing a growth of 92.36%, primarily due to extended payment terms with suppliers[23] - The balance of short-term borrowings increased by CNY 122,850,000, an increase of 31.62%, primarily due to new short-term borrowings[22] - The balance of other payables decreased by CNY 70,576,606.32, a reduction of 87.00%, mainly due to payments of inter-company loans[24] - The asset impairment loss for the period from January to September 2016 decreased by CNY 726,614.97, a decline of 58.79%, primarily due to reduced bad debt provisions[25] Investment Activities - The total investment cash outflow increased by CNY 60,000,000, primarily due to increased external investments[20] - Cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets decreased by ¥83,063,081.42, a reduction of 86.74% compared to the previous year, due to lower cash payments for asset acquisitions[26] - Cash paid for investments increased by ¥60,000,000 compared to the same period in 2015, attributed to increased external investments[26] - The net cash received from the disposal of fixed assets, intangible assets, and other long-term assets increased by ¥6,930,400 for the same period, primarily due to the sale of investment properties[26] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 8,369[11] - The largest shareholder, Shanxi Shengnong Investment Co., Ltd., held 27.78% of shares, totaling 95,991,420 shares, with 70,991,420 shares pledged[11] Market Performance - The strong performance in the domestic automotive sports event market contributed positively to the revenue and net profit of the company's subsidiary, Off-Road Family Sports Events (Beijing) Co., Ltd.[29]