富春股份(300299) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 113,308,232.11, representing a year-on-year increase of 16.50%[7] - Net profit attributable to shareholders was CNY 13,985,225.04, a significant increase of 670.99% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -14,837,176.78, a decrease of 211.05% year-on-year[7] - Basic earnings per share for the reporting period was CNY 0.02, a 100.00% increase compared to the previous period[7] - Total operating revenue for the third quarter was CNY 113,308,232.11, an increase of 16.5% compared to CNY 97,263,296.89 in the previous period[46] - Net profit for the period was CNY 13,935,722.69, a turnaround from a net loss of CNY 2,452,106.00 in the same period last year[48] - The company reported a total profit of ¥42,041,095.40 for the year-to-date period, down from ¥92,942,378.05 in the previous year, a decline of approximately 55%[55] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,156,168,038.12, a decrease of 10.03% compared to the end of the previous year[7] - The company's total assets decreased to CNY 2,063,232,624.40 from CNY 2,200,706,740.58, indicating a reduction in overall asset base[44] - Total liabilities decreased to CNY 810,895,377.56 from CNY 1,016,068,894.18, showing a reduction in financial obligations[44] - The total number of ordinary shareholders at the end of the reporting period was 35,065[11] Cash Flow - The company reported a net cash flow from operating activities of CNY -37,489,323.81, a decrease of 267.30% year-on-year[7] - The cash flow from operating activities for the current period is negative at CNY -37,489,323.81, compared to a positive CNY 22,408,317.61 in the previous period[62] - The cash flow from investing activities is negative at CNY -1,091,957.20, an improvement from CNY -358,960,562.06 in the previous period[63] - The cash flow from financing activities shows a net outflow of CNY -196,594,293.88, compared to a net inflow of CNY 306,096,943.25 in the previous period[63] Expenses - Sales expenses for the first three quarters rose by 169.23% to ¥69.06 million, driven by increased promotional expenses for self-operated games[21] - R&D expenses increased by 60.48% to ¥55.48 million, reflecting a significant rise in R&D personnel and ongoing projects compared to the previous year[21] - Financial expenses surged by 134.19% to ¥27.16 million, primarily due to increased borrowing costs[21] - The total operating costs for the year-to-date period reached ¥363,853,873.39, up from ¥273,704,365.59 in the previous year, indicating a year-over-year increase of approximately 33%[53] Investments and Shareholder Actions - The company planned a major asset restructuring to acquire 77% of Fuzhou Read Information Technology Co., Ltd. but decided to terminate this plan and instead acquire 51% of Fujian Hongda Electronic Technology Development Co., Ltd. in cash[23] - The company repurchased and canceled a total of 13,073,124 shares, accounting for 1.7642% of the total share capital prior to the repurchase, at a price of 1 RMB per share[27] - The company transferred 2% equity in Dongyang Liubai Film and Television Culture Co., Ltd. to Beijing Dayu Happy Culture Media Co., Ltd. for 27 million RMB, reducing its stake from 4.51906% to 2.51906%[29] Management and Governance - The company has made significant changes in its management team, including resignations and new appointments of executives[32] - The company has no reported violations regarding external guarantees during the reporting period[34] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[35] - The company is currently involved in arbitration regarding unfulfilled compensation obligations related to performance commitments[33] Government Support - The company received government subsidies amounting to CNY 1,191,287.00 during the reporting period[8]