联建光电(300269) - 2018 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 78.94% to CNY 33,788,212.96 for the reporting period[8]. - Operating revenue for the reporting period was CNY 1,005,186,866.69, a decrease of 9.93% year-on-year[8]. - Basic earnings per share fell by 78.93% to CNY 0.0551 for the reporting period[8]. - Operating profit fell by 51.89% to ¥184,441,037.88, as revenue growth was outpaced by cost increases[20]. - The company reported a net profit for the current period of ¥33,955,484.66, down 78.77% from ¥160,068,972.71 in the previous period[41]. - The total comprehensive income for the current period is ¥33,284,994.24, a decrease of 79.25% from ¥160,706,295.36 in the previous period[46]. - The net profit for the third quarter was CNY 191,872,739.98, down from CNY 341,220,235.22 in the same period last year, representing a decline of approximately 43.8%[50]. - The total profit for the third quarter was CNY 226,301,843.29, down from CNY 397,360,996.98 in the same period last year, indicating a decline of about 43.0%[50]. Cash Flow - The net cash flow from operating activities showed a significant decline of 133.45%, amounting to CNY -44,086,387.80[8]. - The cash flow from operating activities showed a net outflow of CNY 44,086,387.80, compared to a net inflow of CNY 131,792,732.58 in the previous period[54]. - The net cash flow from financing activities decreased by 183.06% to -¥539,277,714.71, primarily due to increased repayment of bank loans[21]. - The net cash flow from operating activities was -672,360,649.71 CNY, compared to -413,420,567.95 CNY in the previous period, indicating a decline in operational cash generation[59]. - The company incurred total cash outflows of 1,355,184,753.74 CNY for operating activities, compared to 1,589,143,050.83 CNY previously[59]. Assets and Liabilities - Total assets at the end of the reporting period decreased by 7.32% to CNY 7,712,423,508.73 compared to the end of the previous year[8]. - Total current assets decreased from CNY 3,109,196,381.17 to CNY 2,513,014,112.57, a reduction of approximately 19.2%[32]. - Total liabilities decreased from CNY 3,423,620,143.10 to CNY 2,619,610,955.96, a reduction of about 23.5%[34]. - The company's equity attributable to shareholders increased from CNY 4,901,212,264.22 to CNY 5,095,883,333.17, an increase of about 3.9%[34]. - Cash and cash equivalents dropped significantly from CNY 804,578,574.57 to CNY 215,792,934.80, a decrease of approximately 73.1%[32]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 25,974[12]. - The largest shareholder, Liu Hujun, holds 19.10% of the shares, with 87,864,090 shares pledged[12]. - The company did not conduct any repurchase transactions among the top 10 shareholders during the reporting period[13]. Expenses and Costs - Financial expenses surged by 233.57% to ¥68,359,365.08, primarily due to rising short-term loan interest rates[20]. - Total operating costs increased to ¥971,497,450.48, up 3.93% from ¥938,019,323.99 in the previous period[40]. - Research and development expenses increased to ¥37,706,328.01, up 16.43% from ¥32,270,828.65 in the previous period[40]. - Financial expenses rose to ¥18,488,940.49, an increase of 28.66% from ¥14,371,253.15 in the previous period[40]. Investment and Other Income - The company reported non-recurring gains and losses totaling CNY 58,257,663.51, primarily from government subsidies and other income[9]. - Investment income decreased by 33.21% to ¥3,208,908.39, reflecting a decline in the operating performance of associated enterprises[20]. - The company reported an investment income of CNY 60,776,917.00, down from CNY 176,856,140.00 in the previous period, indicating a decline of about 65.6%[52]. Other Key Metrics - The weighted average return on net assets decreased to 0.68%, down by 2.22% compared to the previous year[8]. - The construction in progress increased by 116.27% to ¥24,450,618.77, mainly due to renovations at the Huizhou Jianhe factory[19]. - The company anticipates potential impairment of goodwill from previous acquisitions, which may lead to losses in cumulative net profit by the end of the year[25].