银宝山新(002786) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 796,500,450.07, an increase of 5.26% year-on-year [8]. - Net profit attributable to shareholders was CNY 14,299,471.34, a decrease of 20.22% compared to the same period last year [8]. - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 12,321,744.86, down 12.47% year-on-year [8]. - Basic earnings per share were CNY 0.04, down 20.00% year-on-year [8]. - The weighted average return on equity was 1.29%, a decrease of 0.37% compared to the previous year [8]. - Net profit decreased by 59.53% to ¥20,254,634.69 from ¥50,052,161.13, indicating a decline in overall performance [16]. - Total profit fell by 63.06% to ¥22,769,039.34 from ¥61,635,984.82, attributed to a general downturn in business performance [16]. - The company expects a net profit for 2018 to decrease by 43.72% to 15.58%, with an estimated range of ¥3,633,000 to ¥5,449,000, compared to ¥6,454,910 in 2017 [23]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,840,827,372.05, a decrease of 0.31% compared to the end of the previous year [8]. - Cash and cash equivalents decreased by 35.79% to ¥280,839,637.42 from ¥437,367,025.68, indicating improved capital utilization efficiency [16]. - Long-term payables increased by 98.19% to ¥185,684,143.05 from ¥93,689,232.04, primarily due to an increase in financing leases [18]. - Other receivables increased by 39.35% to ¥67,836,572.37 from ¥48,681,566.14, mainly due to an increase in financing lease deposits [16]. Shareholder Information - The total number of shareholders at the end of the reporting period was 32,834 [12]. - The top shareholder, Tianjin Zhongyin Industrial Development Co., Ltd., held 35.74% of the shares [12]. Research and Development - R&D expenses increased by 84.33% to ¥72,153,447.56 compared to ¥39,143,065.26 in the same period last year, reflecting a significant increase in investment in research and development [16]. Investment and Income - Investment income surged by 1655.83% to ¥2,641,903.06 from ¥150,464.21, primarily due to increased returns from the advanced manufacturing industry investment fund [16]. Other Financial Metrics - The net cash flow from operating activities was CNY 18,671,140.38, a significant decrease of 280.02% compared to the previous year [8]. - The company reported non-recurring gains and losses totaling CNY 13,492,406.78 for the year-to-date [9]. - The company reported a 73.76% reduction in asset impairment losses to ¥4,015,517.08 from ¥15,300,402.41, due to recovering previous debts and improved gross margin [16]. Future Plans - The company plans to continue its public offering, pending approval from the China Securities Regulatory Commission, which remains uncertain [20].