APLUS(SZ:300163)2018-10-29 16:00Financial Performance - Operating revenue for the reporting period was ¥138,089,276.42, a decline of 11.90% year-on-year[7]. - Net profit attributable to shareholders of the listed company was -¥128,935,728.75, a significant decrease of 62,395.83% compared to the same period last year[7]. - Basic earnings per share were -¥0.270, reflecting a decrease of 6,500.00% year-on-year[7]. - The weighted average return on net assets was -20.48%, a decline of 51,096.75% compared to the previous year[7]. - The company reported a net profit loss for the year 2018 due to continuous losses from its subsidiary KRS in Australia, with an expected cumulative net profit loss for the year[23]. - The net loss for the quarter was CNY 139,572,029.71, worsening from a loss of CNY 1,492,462.47 in the same period last year[39]. - The total comprehensive income for the third quarter was -138,835,943.57, compared to -1,492,462.47 in the same period last year[43]. - The total profit for the period was ¥10,195,883.94, an increase from ¥7,805,979.91 year-over-year, marking a growth of 30.0%[43]. Assets and Liabilities - Total assets at the end of the reporting period were ¥897,633,881.04, a decrease of 12.23% compared to the end of the previous year[7]. - Net assets attributable to shareholders of the listed company were ¥537,896,386.48, down 21.80% from the previous year[7]. - The company's total assets decreased to ¥897,633,881.04 from ¥1,022,750,648.90, reflecting a decline of about 12.2%[31]. - The total liabilities increased, with accounts payable rising to ¥63,487,011.83 from ¥45,475,011.09, which is an increase of about 39.6%[31]. - The company's equity attributable to shareholders decreased to CNY 537,896,386.48 from CNY 687,821,302.20, a decline of about 21.8%[32]. Cash Flow - The net cash flow from operating activities was -¥61,274,153.02, representing a decrease of 255.77% year-to-date[7]. - Cash flow from operating activities turned negative at -¥61,274,153.02, contrasting with a positive cash flow of ¥39,337,541.24 in the same quarter last year[55]. - Cash inflow from financing activities totaled 30,000,000.00, compared to 26,137,711.95 in the previous year[60]. - The net cash flow from financing activities was 28,766,540.79, a recovery from -124,164,194.04 in the previous year[60]. - The total cash outflow from operating activities was 313,081,390.74, compared to 185,985,568.23 in the previous year, reflecting increased operational costs[59]. Shareholder Information - The company had a total of 27,727 common shareholders at the end of the reporting period[10]. - The largest shareholder, Lu Xianfeng, held 31.49% of the shares, amounting to 149,257,978 shares, with 110,380,000 shares pledged[10]. Impairment and Expenses - Asset impairment increased by ¥118,450,022.84, a rise of 1933.36% year-on-year, primarily due to goodwill impairment and inventory write-downs[16]. - The company has fully recognized an impairment of goodwill amounting to ¥59,349,250.55 due to the poor performance of its subsidiary[23]. - Management expenses increased by ¥26,275,896.17, a rise of 53.33% year-on-year, mainly due to an increase in personnel[16]. - The company reported an asset impairment loss of CNY 117,643,233.23 during the quarter[39]. Major Decisions and Changes - The company decided to terminate the major asset restructuring due to significant changes in the domestic and international market environment, economic conditions, and financing environment[19]. - The company held a board meeting on September 5, 2018, to approve the termination of the major asset restructuring and related agreements[19]. Research and Development - Research and development expenses for the quarter were CNY 2,500,876.09, down from CNY 3,426,923.10 in the previous period[37]. - R&D expenses for Q3 2018 amounted to ¥9,663,646.43, slightly up from ¥9,569,146.81 in the previous year, indicating a year-over-year increase of approximately 1%[51].