新锦动力(300157) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 239,298,063.39, a decline of 75.78% year-on-year[7] - Net profit attributable to shareholders was a loss of CNY 10,979,592.57, representing a decrease of 244.90% compared to the same period last year[7] - Basic earnings per share were CNY -0.02, down 300.00% year-on-year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -16,848,171.35, a decline of 201.36% year-on-year[7] - Total operating revenue for the third quarter was CNY 239,298,063.39, compared to CNY 988,065,258.09 in the previous period[63] - The net profit for the third quarter was a loss of CNY 8,431,919.47, compared to a profit of CNY 12,078,452.20 in the same period last year[66] - The company's net profit for Q3 2018 was CNY 30,359,153.79, a significant decrease from CNY 82,615,272.65 in the same period last year, reflecting a decline of approximately 63.3%[73] - The company's total comprehensive income for the third quarter was CNY 26,021,319.93, contrasting with a loss of CNY 2,797,245.70 in the previous year[66] Cash Flow and Assets - The net cash flow from operating activities for the year-to-date was CNY -57,256,679.93, an improvement of 88.14%[7] - As of the end of the reporting period, cash and cash equivalents decreased by 60.42% compared to the previous period, primarily due to the repayment of due bank loans[18] - The cash and cash equivalents decreased significantly from CNY 786,926,932.98 to CNY 134,184,786.39, a drop of approximately 83%[60] - The ending balance of cash and cash equivalents is CNY 85,680,949.58, down from CNY 208,617,881.60 in the previous period[84] - The cash flow from financing activities includes CNY 775,615,910.00 received from borrowings, a decrease from CNY 841,063,511.60 in the previous period[84] - The cash inflow from financing activities amounts to CNY 785,519,710.00, with cash outflow totaling CNY 900,865,323.35, leading to a net cash flow of -CNY 115,345,613.35[84] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 40,560[11] - The largest shareholder, Sun Gengwen, held 15.62% of the shares, with 83,516,353 shares pledged[11] Liabilities and Equity - The company's total liabilities decreased from CNY 2,790,936,975.95 to CNY 1,940,546,479.49, reflecting a reduction of approximately 30.5%[58] - The company's total equity rose from CNY 3,539,164,164.56 to CNY 3,697,807,553.36, an increase of about 4.5%[58] Investments and Projects - The company participated in the restructuring process of NEXGEO, holding 12.13% of its common stock after converting a significant portion of receivables into equity[40] - The company completed the transfer of 60% equity in Fujian Hengtai to its wholly-owned subsidiary, Tibet Hengtai, with the transfer payment completed[42] - The company plans to establish a clean energy investment partnership in Qizhou, with the business license obtained and fund registration in process[44] Other Financial Metrics - The company's short-term borrowings decreased to approximately CNY 740.15 million from CNY 1.02 billion, a reduction of about 27.4%[57] - The company reported non-recurring gains of CNY 11,024,144.77 for the year-to-date[8] - Other income increased by 75.63% year-on-year, primarily due to an increase in government subsidies recognized as other income[32] - The company incurred financial expenses of CNY 32,639,367.34, a decrease from CNY 37,222,886.72 in the previous year[76]