先锋新材(300163) - 2017 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 156,740,783.14, down 15.31% year-on-year[7] - Net profit attributable to shareholders was a loss of CNY 206,310.94, a decline of 101.53% compared to the same period last year[7] - The company reported a gross profit margin of approximately -2.0% for the current period, compared to 8.3% in the previous period[39] - The net profit attributable to the parent company was a loss of ¥206,310.94, compared to a profit of ¥13,505,315.36 in the previous period[40] - Operating profit has significantly declined to 6,079,637.17, down 55.45% from 13,648,530.26 in the previous period[42] - Net profit for the current period is 6,657,667.05, a decrease of 46.41% compared to 12,478,208.13 in the previous period[42] - Total profit has decreased to 7,805,979.91, down 46.06% from 14,466,534.92 in the previous period[42] - The company reported a net loss of 473,216.87, contrasting with a net profit of 47,249,305.38 in the previous period[46] - The total comprehensive income for the current period is 2,716,493.23, down from 54,339,496.44 in the previous period[46] - The total comprehensive income for the period was CNY 26,136,571.48, compared to CNY 47,919,935.11 in the previous period[50] Cash Flow - The net cash flow from operating activities decreased by 57.81% to CNY 39,337,541.24 year-to-date[7] - Operating cash inflow totaled CNY 687,200,081.49, an increase from CNY 601,667,792.68 in the previous period, reflecting a growth of approximately 14.2%[53] - The total cash outflow for operating activities was CNY 647,862,540.25, compared to CNY 508,432,547.78 in the previous period, reflecting an increase of approximately 27.4%[53] - Cash flow from investing activities resulted in a net outflow of CNY 2,912,070.19, compared to a net outflow of CNY 25,125,057.37 in the previous period[54] - Cash flow from financing activities showed a net outflow of CNY 140,003,499.97, worsening from a net outflow of CNY 10,920,924.34 in the previous period[54] - The ending balance of cash and cash equivalents was CNY 64,920,073.88, down from CNY 144,419,719.86 at the end of the previous period[54] - The company’s cash and cash equivalents decreased significantly from CNY 184,851,858.66 to CNY 79,926,941.85, representing a decline of approximately 56.8%[30][33] - The company’s cash and cash equivalents decreased to ¥34,954,370.87 from ¥79,916,840.29, a decline of 56.3%[34] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,108,704,132.61, a decrease of 9.86% compared to the end of the previous year[7] - The total assets decreased to ¥868,633,562.10 from ¥931,025,982.44, indicating a decline of 6.7%[36] - The company's current assets totaled CNY 483,506,964.22, slightly down from CNY 487,515,937.61 at the beginning of the year, indicating a decrease of about 0.4%[30][33] - Current assets totaled ¥450,654,911.13, down from ¥476,919,506.80, a decrease of 5.5%[34] - The company's total liabilities decreased from CNY 473,336,898.07 to CNY 371,653,899.29, a reduction of about 21.5%[32][33] - The company’s total liabilities decreased to ¥159,366,390.83 from ¥224,168,200.61, a reduction of 29.0%[36] - Short-term borrowings decreased by 95,651,133.09 yuan, a decline of 86.38% compared to the end of the previous year, mainly due to repayment of bank loans[16] - Short-term borrowings were reduced from CNY 110,728,401.78 to CNY 15,077,268.69, indicating a significant decrease of approximately 86.4%[32][33] - Long-term borrowings increased by 179,935,900.00 yuan, a rise of 100% compared to the end of the previous year, mainly due to the addition of bank long-term loans[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 28,794[11] - The largest shareholder, Lu Xianfeng, holds 36.49% of the shares, amounting to 172,957,978 shares[11] - The company has not conducted any repurchase transactions among the top 10 shareholders during the reporting period[12] Other Financial Metrics - Tax expenses increased by 1,562,310.90 yuan, an increase of 84.41% compared to the same period last year, mainly due to increased turnover tax payments[17] - Financial expenses increased by 15,750,613.83 yuan, an increase of 555.88% compared to the same period last year, primarily due to foreign exchange losses this year compared to gains last year[17] - The company has indicated a focus on improving operational efficiency and exploring new market opportunities moving forward[46]