西部牧业(300106) - 2017 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥197,197,581.52, representing a year-on-year increase of 19.50%[7] - Net profit attributable to shareholders was -¥33,960,805.28, a decrease of 9.30% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥32,195,174.39, reflecting a year-on-year increase of 20.17%[7] - The basic earnings per share for the reporting period was -¥0.1607, down 9.25% from the previous year[7] - The weighted average return on net assets was -3.59%, a decrease of 0.21% compared to the previous year[7] - Total profit decreased by 21.37 million RMB, a decline of 37.96%, primarily due to significant expenses related to new product development and market expansion[18] - Net profit attributable to shareholders decreased by 39.20% compared to the same period last year[18] - The net profit for the current period was a loss of ¥84,344,429.25, compared to a loss of ¥57,548,202.48 in the previous period, reflecting a deterioration in performance[41] - Basic and diluted earnings per share were both -0.3802, compared to -0.2732 in the previous period[42] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥14,601,419.61, an increase of 106.00%[7] - Operating cash flow net inflow decreased by 257.93 million RMB, a reduction of 106.00%, due to a decrease in cash inflows from operating activities[18] - Cash flow from operating activities generated a net cash inflow of ¥14,601,419.61, a significant improvement from a net outflow of -¥243,324,888.33 in the previous period[46] - The total cash inflow from operating activities was 490,646,299.34 CNY, up from 271,977,614.82 CNY in the previous period[50] - Operating activities generated a net cash flow of -17,700,055.39 CNY, an improvement from -289,968,418.81 CNY in the previous period[50] Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,794,189,508.04, an increase of 0.77% compared to the end of the previous year[7] - Cash and cash equivalents decreased by 152.75 million RMB, a reduction of 52.16% due to increased payments for raw materials and prepayments for equipment[15] - Accounts receivable increased by 32.41 million RMB, a growth of 34.36%, attributed to expanding market sales[15] - Total liabilities rose from ¥1,678,924,239.55 to ¥1,784,565,295.03, which is an increase of approximately 6.3%[28] - The company's long-term borrowings increased from ¥254,000,000.00 to ¥397,000,000.00, representing a rise of about 56.2%[27] - The total equity attributable to shareholders decreased from ¥985,702,909.14 to ¥905,350,277.83, a decline of approximately 8.1%[28] Expenses - Total operating costs for Q3 2017 were CNY 230.63 million, up 19.4% from CNY 193.28 million in Q3 2016[34] - The company reported a significant increase in sales expenses to CNY 17.68 million from CNY 13.76 million, reflecting a rise of 28.5%[34] - Financial expenses rose to ¥47,868,058.93, compared to ¥42,275,037.35 in the previous period, reflecting increased borrowing costs[41] Investments - Investment income increased by 9.01 million RMB, a growth of 97.76%, mainly from recognizing investment income from joint ventures[17] - The company invested 89,118,982.88 CNY in fixed assets, a significant increase from 58,528,036.29 CNY in the previous period[48]