安利股份(300218) - 2017 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥405,804,017.52, representing a year-on-year increase of 14.07%[8] - Net profit attributable to shareholders was -¥5,898,901.00, a decrease of 140.11% compared to the same period last year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥8,243,567.59, a decline of 196.14% year-on-year[8] - The basic earnings per share for the reporting period was -¥0.0272, down 140.12% from the previous year[8] - The weighted average return on net assets was -0.59%, a decrease of 139.60% compared to the previous year[8] - Operating profit decreased by 118.15% to -¥7,298,719.17, attributed to a significant rise in raw material prices outpacing revenue growth[16] - Net profit fell by 102.92% to -¥1,537,457.27, mainly due to the decline in operating profit[16] - The net profit for the third quarter was a loss of CNY 5,281,463.44, a significant decline from a profit of CNY 15,978,555.71 in the same quarter last year[45] - The total profit for the third quarter was a loss of CNY 4,774,376.61, compared to a profit of CNY 17,181,519.44 in the previous year[45] - The net profit for the current period was CNY -1,537,457.27, a significant decrease from CNY 52,734,247.51 in the previous period, indicating a decline of approximately 102.91%[53] - The total profit for the current period was CNY 1,861,419.12, down from CNY 56,715,147.73 in the previous period, reflecting a decrease of approximately 96.71%[53] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥21,554,721.61, down 61.83% compared to the same period last year[8] - Cash flow from operating activities decreased by 61.83% to ¥21,554,721.61, primarily due to an increase in accounts receivable and a reduction in government subsidies received[17] - The cash flow from operating activities generated a net cash inflow of CNY 21,554,721.61, down from CNY 56,469,195.58 in the previous period, a decrease of approximately 61.83%[59] - The net cash flow from operating activities for the third quarter was ¥35,561,252.64, a decrease of 49.7% compared to ¥70,659,442.78 in the previous period[61] - The total cash inflow from operating activities was ¥1,276,583,814.29, compared to ¥1,202,090,447.49 in the previous period, indicating a growth of 6.2%[61] - The cash flow from investment activities was negative at -¥55,293,628.47, an improvement from -¥87,819,466.82 in the previous period[61] Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,956,037,404.45, an increase of 1.82% compared to the end of the previous year[8] - Accounts receivable increased by 36.38% to ¥158,829,115.91 due to expanded sales and an increase in brand and direct sales customers[16] - Short-term borrowings rose by 70.18% to ¥485,000,000.00 primarily due to increased bank financing during the reporting period[16] - The total liabilities increased to CNY 915,315,666.20 from CNY 857,133,609.96, representing a rise of 6.77%[37] - The owner's equity totaled CNY 1,040,721,738.25, down from CNY 1,063,973,505.81, showing a decrease of 2.18%[38] - The total current assets reached approximately 809.44 million RMB, up from 747.32 million RMB at the beginning of the period[35] Investments and Projects - The company plans to invest up to $2.1 million to acquire 51% of ANLI RUS, LLC in Russia, with the acquisition currently pending government approval[20] - A joint venture company, ANLI (VIETNAM) FREECODE MATERIAL TECHNOLOGY CO., LTD., is being established in Vietnam with a registered capital of $5 million, where the company will contribute $3 million[22] - The company plans to invest approximately 80 million RMB in a clean energy technology transformation project, including the replacement of coal boilers with natural gas boilers[24] - The company has signed contracts for the procurement of natural gas boilers and related infrastructure, with plans to complete the "coal-to-gas" upgrade by the end of the year[24] Market Conditions and Challenges - The company reported a foreign exchange loss of 13.28 million RMB due to fluctuations in the RMB/USD exchange rate, impacting its export business[28] - The company has experienced a 30%-50% increase in chemical material prices and a 50% rise in energy prices since 2017, impacting profitability[28] - The company reported a 6.58% increase in operating revenue for the first three quarters of 2017, but expects a significant decline in cumulative net profit compared to the previous year due to market downturns and rising material costs[28] Research and Development - Research and development expenses increased by 426.8 thousand RMB compared to the previous year, reflecting the company's commitment to product development[29] - The company is actively advancing the construction of the ecological functional polyurethane synthetic leather upgrade project on approximately 35 acres of land[25] Financial Ratios and Metrics - The total operating costs amounted to CNY 413,462,627.34, up from CNY 345,903,327.44, reflecting a year-over-year increase of 19.5%[43] - The total operating expenses for the year-to-date period reached CNY 1,105,078,167.80, up from CNY 990,006,825.96 in the previous year, reflecting an increase of approximately 11.6%[50] - The financial expenses for the third quarter were CNY 14,360,136.48, significantly higher than CNY 4,617,295.07 in the previous year, indicating an increase of approximately 210.5%[48]