全通教育(300359) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥165,558,818.50, down 29.58% year-on-year, and ¥462,960,515.86 for the year-to-date, down 31.78%[7] - Net profit attributable to shareholders was ¥5,673,278.13, a decrease of 61.63% year-on-year, while year-to-date net profit increased by 293.73% to ¥5,951,118.25[7] - Basic earnings per share for the reporting period were ¥0.01, down 50.00% year-on-year[7] - Total operating revenue for Q3 2018 was CNY 165,558,818.50, a decrease of 29.5% compared to CNY 235,093,494.67 in the same period last year[43] - Net profit for Q3 2018 was CNY 9,930,837.47, a decline of 64.9% from CNY 28,276,859.39 in Q3 2017[45] - Basic earnings per share for Q3 2018 were CNY 0.01, down from CNY 0.02 in the same period last year[46] - The total profit for Q3 2018 was CNY -3.07 million, compared to CNY -8.15 million in Q3 2017, indicating a narrowing loss[50] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥13,624,795.51, an improvement of 94.53%[7] - Operating cash flow for the period was -13,624,795.51, an improvement from -248,897,708.27 year-over-year[58] - Cash inflow from operating activities totaled 621,288,771.66, down from 690,750,542.53 in the previous year[58] - Cash outflow from operating activities was 634,913,567.17, compared to 939,648,250.80 in the same period last year[58] - The company reported cash and cash equivalents at the end of the period of 209,276,770.76, slightly down from 211,938,394.33 year-over-year[61] - The company reported a net decrease in cash and cash equivalents of ¥32.25 million, compared to a decrease of ¥43.17 million in the same period last year[64] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,717,388,897.21, a decrease of 5.03% compared to the end of the previous year[7] - The company's total equity decreased to CNY 2,153,398,331.63 from CNY 2,223,883,099.16, a reduction of about 3.2%[38] - The total current liabilities decreased to CNY 446,372,620.63 from CNY 513,299,799.07, reflecting a decline of approximately 13%[38] - The company's total assets increased to CNY 2,520,081,265.75, up from CNY 2,496,816,548.89 at the end of the previous quarter[42] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 54,754[11] - The largest shareholder, Chen Zhichang, held 29.25% of the shares, amounting to 185,144,903 shares, with 149,701,645 shares pledged[11] - The company distributed a cash dividend of CNY 0.20 per share, totaling CNY 12,675,449.54, based on a total share capital of 633,772,477 shares[29] Operational Insights - Revenue decreased by 31.78% year-on-year, primarily due to a reduction in income from educational information technology project construction and operations[22] - Operating costs decreased by 38.52% year-on-year, mainly due to a significant reduction in the volume of information technology project construction and operations[22] - Research and development expenses for Q3 2018 were CNY 9,445,111.08, an increase of 22.4% from CNY 7,718,068.77 in Q3 2017[43] Non-Recurring Items - The company reported non-recurring gains and losses totaling ¥12,823,056.21 for the year-to-date[8] - Government subsidies received totaled CNY 21,731,900, accounting for 32.78% of the net profit attributable to shareholders in 2017[27] - Deferred income increased by 185.45% compared to the beginning of the period, mainly due to government subsidy receipts[21] Investment and Financing Activities - Investment activities resulted in a net cash outflow of -35,720,814.91, compared to -111,314,599.79 in the previous year[60] - Financing activities generated a net cash outflow of -91,160,517.85, a decrease from a net inflow of 170,760,878.25 in the same period last year[60] Compliance and Governance - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[31] - There were no violations regarding external guarantees during the reporting period[30] - The company has not forecasted any significant changes in net profit compared to the same period last year[30]