金明精机(300281) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 79,740,078.49, an increase of 8.68% year-on-year[10] - Net profit attributable to shareholders was CNY 1,267,112.86, a decrease of 55.77% compared to the same period last year[10] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 970,157.76, down 59.53% year-on-year[10] - Basic earnings per share for the reporting period were CNY 0.0030, a decrease of 57.14% year-on-year[10] - Total operating revenue for Q3 2018 was CNY 79,740,078.49, an increase from CNY 73,370,486.78 in the same period last year, representing a growth of approximately 9.1%[40] - Net profit for Q3 2018 was CNY 1,267,112.86, down from CNY 2,864,901.36 in the previous year, indicating a decline of approximately 55.8%[42] - Basic earnings per share decreased to CNY 0.003 from CNY 0.007, reflecting a decline of about 57.1%[43] - The net profit for the current period is CNY 33,201,548.06, compared to CNY 31,780,206.63 in the previous period, indicating an increase of about 4.5%[51] - The total comprehensive income for the current period is CNY 33,201,548.06, up from CNY 31,780,206.63 in the previous period, marking an increase of approximately 4.5%[51] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 52,183,654.24, an increase of 242.49%[10] - The net cash flow from operating activities for the reporting period was CNY 52,183,654.24, an increase of 242.49% compared to the previous period, primarily due to increased cash received from sales[22] - Cash flow from operating activities generated a net amount of CNY 52,183,654.24, significantly higher than CNY 15,236,710.83 in the previous year, marking an increase of 242.5%[55] - Total cash inflow from operating activities was CNY 389,255,264.11, compared to CNY 339,343,233.41 in the prior year, representing a growth of 14.7%[55] - The company reported a cash flow from investing activities net outflow of CNY 29,288,138.84, an improvement from the previous year's outflow of CNY 75,823,226.47[57] - The company incurred a total cash outflow from financing activities of CNY 159,096,787.39, compared to CNY 292,953,641.22 in the previous year, indicating a reduction of 45.4%[57] - The net cash flow from financing activities was 5,883,084.27 CNY, compared to 419,846,007.43 CNY in the previous period[61] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,517,975,958.57, a decrease of 1.26% compared to the end of the previous year[10] - Current assets totaled CNY 910,565,433.44, down from CNY 958,580,278.65 at the beginning of the period, indicating a decline of approximately 5.7%[34] - Total liabilities decreased to CNY 294,037,375.82 from CNY 340,814,810.90, a reduction of approximately 13.8%[36] - The company's equity attributable to shareholders increased to CNY 1,223,938,582.75 from CNY 1,196,601,960.51, an increase of about 2.3%[36] - The balance of prepaid accounts receivable was CNY 65,488,654.75, an increase of 51.60% compared to the beginning of the period, mainly due to an increase in production orders and prepayments for raw materials[20] - The balance of other receivables at the end of the reporting period was CNY 6,200,858.65, an increase of 145.17% compared to the beginning of the period, primarily due to increased employee loans and accrued interest[20] - The balance of other non-current assets at the end of the reporting period was CNY 38,116,842.85, an increase of 363.15% compared to the beginning of the period, mainly due to increased investment in ongoing fundraising projects[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,553[14] - The largest shareholder, Ma Zhenxin, holds 38.84% of the shares, with 162,706,500 shares pledged[14] - The company’s major shareholders planned to transfer a total of 57,702,344 shares, accounting for 13.77% of the total share capital[25] Expenses and Costs - Total operating costs increased to CNY 82,362,182.51 from CNY 69,882,946.99, reflecting a rise of about 17.8%[40] - Research and development expenses for Q3 2018 were CNY 4,117,086.95, down from CNY 5,366,528.75, a decrease of approximately 23.3%[40] - The total operating costs for the current period amount to CNY 282,815,206.98, which is an increase from CNY 251,309,641.28 in the previous period, reflecting a rise of approximately 12.5%[49] - Research and development expenses for the current period are CNY 15,875,165.24, compared to CNY 14,328,108.98 in the previous period, showing an increase of about 10.8%[49] - The financial expenses for the current period are CNY 940,464.38, significantly reduced from CNY 7,913,878.02 in the previous period, indicating improved cost management[49] - The tax expenses for the current period are CNY 4,610,873.99, down from CNY 6,100,305.67 in the previous period, reflecting a decrease of about 24.4%[50] Other Information - The company provided financial assistance for employees to purchase cars and houses, with a borrowing limit of up to CNY 5 million per year[23] - The company did not undergo an audit for the third quarter report[62] - The report was released on October 29, 2018[63]