ST天龙(300029) - 2017 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 138.87% to CNY 9,300,238.45 for the current period[7] - The company reported a net profit attributable to shareholders of CNY -13,693,570.05 for the year-to-date, a decrease of 48.23%[7] - Net profit improved by 44.12% to -¥16,586,143.33, driven by increased revenue and reduced expenses[17] - The company expects to achieve a net profit of between ¥5 million and ¥10 million for the year, a turnaround from a loss of ¥57.01 million in the previous year[21] - The net profit for the quarter was CNY 7,284,639.23, a turnaround from a net loss of CNY 26,989,057.59 in the same quarter last year[37] - The profit attributable to the parent company's shareholders was CNY 9,300,238.45, compared to a loss of CNY 23,927,678.04 in the previous year[37] - The net profit for the current period was ¥12,265,885.64, compared to a net loss of ¥18,735,801.31 in the previous period, indicating a turnaround in performance[41] - The total comprehensive income for the current period was ¥12,265,885.64, a substantial improvement from a total comprehensive loss of ¥18,735,801.31 in the previous period[42] - The total comprehensive income attributable to the parent company was ¥-13,693,570.05, improving from ¥-26,452,104.38 in the previous period[46] - The net profit for the period was a loss of ¥9,803,063.73, an improvement from a loss of ¥35,546,489.98 in the previous period, indicating a reduction in losses by approximately 72%[48] Revenue and Costs - Operating revenue increased by 165.97% to CNY 61,345,753.52 compared to the same period last year[7] - The total operating revenue for the third quarter was CNY 61,345,753.52, a significant increase from CNY 23,065,125.09 in the same period last year, representing a growth of approximately 166%[36] - The total operating costs amounted to CNY 54,941,355.45, compared to CNY 50,683,404.12 in the previous year, indicating an increase of about 8.9%[36] - The company's operating revenue for the current period reached ¥41,384,959.61, a significant increase from ¥6,803,563.46 in the previous period[40] - The company's operating revenue increased to ¥69,570,936.12 from ¥50,829,837.88, representing a growth of approximately 37% year-over-year[47] - The company's total operating costs decreased to ¥145,652,004.86 from ¥159,166,333.33 in the previous period, reflecting improved cost management[44] Assets and Liabilities - Total assets decreased by 6.10% to CNY 582,797,680.72 compared to the end of the previous year[7] - The company's total assets decreased from ¥620,628,776.36 to ¥582,797,680.72, a reduction of approximately 6.09%[29] - The total liabilities decreased to CNY 398,028,870.12 from CNY 419,273,822.43, reflecting a reduction of approximately 5%[31] - The total assets decreased to CNY 424,111,832.15 from CNY 478,923,948.11, indicating a decline of about 11.4%[33] - The cash and cash equivalents at the end of the period were CNY 466,703.08, down from CNY 774,918.92 at the beginning of the period[32] - The company's inventory increased slightly to CNY 138,457,612.58 from CNY 136,651,891.18, showing a growth of about 1.3%[32] - The total equity attributable to the parent company was CNY 175,094,202.82, down from CNY 188,787,772.87, a decrease of approximately 7.3%[31] Cash Flow - The net cash flow from operating activities was CNY -31,607,181.27, a decrease of 18.08% year-to-date[7] - The net cash flow from operating activities was negative at ¥31,607,181.27, although this was an improvement from a negative cash flow of ¥38,583,643.68 in the prior period[52] - The cash inflow from operating activities totaled ¥85,602,582.39, down from ¥99,507,648.85, a decline of approximately 14%[51] - The cash outflow from operating activities was ¥117,209,763.66, compared to ¥138,091,292.53 in the previous period, a decrease of about 15%[51] - The company achieved a cash flow from investment activities of ¥984,529.80, a turnaround from a negative cash flow of ¥1,605,619.79 in the previous period[52] - The net cash flow from financing activities was -4,464,549.00, compared to -4,938,145.90 in the previous period[54] - The total cash and cash equivalents at the end of the period stood at ¥86,115,441.02, compared to ¥53,358,394.93 at the end of the previous period, reflecting an increase of approximately 61%[52] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,942[11] - The largest shareholder, Changzhou Noah Technology Co., Ltd., held 20.76% of the shares[11] - The company did not conduct any repurchase transactions among the top 10 shareholders during the reporting period[12] Management and Expenses - The company reported a significant reduction in management expenses, which fell to CNY 12,913,977.25 from CNY 17,955,683.84, a decrease of about 28%[37] - Sales expenses for the current period were ¥3,249,027.52, slightly down from ¥3,374,734.91 in the previous period, indicating effective expense control[44] - Management expenses decreased to ¥41,230,872.93 from ¥50,652,918.96, showing a reduction in overhead costs[44] - The company reported a decrease in sales expenses to ¥1,964,899.15 from ¥1,716,582.84, which is a rise of about 14% year-over-year[47] - The management expenses decreased significantly to ¥26,914,625.00 from ¥34,640,384.15, showing a reduction of approximately 22%[47] Other Financial Metrics - Basic earnings per share were CNY 0.0465, down 138.88% compared to the same period last year[7] - The weighted average return on equity was 5.11%, down 7.53% year-to-date[7] - The company recorded an asset impairment loss of ¥5,206,540.05, down from ¥16,805,639.13, indicating a decrease of about 69%[47] - The company reported a significant reduction in tax expenses, down 84.33% to ¥155,903.99, due to lower tax settlements compared to the previous year[17] Strategic Outlook - The company aims to enhance its market position through strategic cost reductions and improved operational efficiency moving forward[41] Audit Status - The report for the third quarter was not audited[55]