高盟新材(300200) - 2017 Q3 - 季度财报

Financial Performance - Operating revenue for the period reached CNY 259,797,454.70, a 97.22% increase year-on-year[9] - Net profit attributable to shareholders increased by 105.44% to CNY 30,291,479.53[9] - Basic earnings per share rose by 68.41% to CNY 0.1162[9] - The weighted average return on net assets was 2.10%, up from 0.19% in the same period last year[9] - The company expects net profit attributable to shareholders to be between ¥50 million and ¥64 million, representing a decrease of 12.1% to 12.6% compared to the previous year[30] - The acquisition of Huason Plastics is expected to positively impact the company's net profit due to its strong profitability[30] Assets and Liabilities - Total assets increased by 97.35% to CNY 1,724,058,316.43 compared to the end of the previous year[9] - Net assets attributable to shareholders rose by 86.50% to CNY 1,460,031,639.31[9] - Total liabilities reached CNY 161,021,722.86, compared to CNY 40,034,442.20 at the start of the period[42] - Non-current assets totaled CNY 1,263,312,890.32, up from CNY 350,204,288.35 at the beginning of the period[41] - The company reported a significant increase in goodwill, amounting to ¥686,766,619.47, marking a 100% increase due to the acquisition of Huasen Plastics[20] Cash Flow - Cash flow from operating activities decreased by 76.74% to CNY 19,703,401.14 year-to-date[9] - The net cash flow from operating activities decreased by 76.74% to ¥19,703,401.14 compared to the same period last year, primarily due to reduced cash inflows from operations[23] - The net cash flow from investing activities decreased by 89.62% to -¥268,197,363.51, mainly due to the acquisition of Huason Plastics[23] - The net cash flow from financing activities increased by 789.64% to ¥294,616,106.81, primarily due to a private placement of shares[23] Shareholder Information - The company had a total of 11,977 common shareholders at the end of the reporting period[13] - The top shareholder, Gaojin Technology Industry Group Co., Ltd., held 23.84% of the shares[13] - The company distributed cash dividends of ¥2.00 per share, totaling ¥42,720,000, in accordance with the profit distribution plan approved at the 2016 annual general meeting[29] Operating Costs and Expenses - Operating costs increased to ¥440,989,468.85, reflecting a rise of ¥199,758,581.80 or 82.81% year-on-year, primarily due to increased sales volume and rising raw material prices[22] - The company's financial expenses rose to ¥4,268,458.20, an increase of 236.35% compared to the previous year, mainly due to increased exchange losses and reduced interest income[22] - The total operating costs for the third quarter were CNY 91,408,833.46, compared to CNY 58,412,611.58 in the previous year, which is an increase of about 56.5%[45] Tax and Other Liabilities - The company’s tax payable increased significantly by 687.94% to ¥16,953,948.15, primarily due to substantial tax liabilities from Huasen Plastics at the end of the period[20] - Deferred income tax liabilities increased by 100% to ¥2,059,400, mainly due to the consolidation of Huasen Plastics[24] - Other payables increased by 5,414.10% to ¥92,186,700, primarily due to a 10% payment related to the acquisition of Huason Plastics[24] Comprehensive Income - The total comprehensive income for the third quarter was CNY 30,291,479.53, compared to CNY 14,744,940.65 in the previous year, indicating a growth of about 105.5%[46] - The total profit for the third quarter was CNY 37,257,811.37, compared to CNY 16,465,663.85 in the same quarter last year, marking an increase of around 126.5%[45]