博腾股份(300363) - 2017 Q3 - 季度财报

Financial Performance - Operating revenue for the period was CNY 236,394,400.78, a decline of 21.54% year-on-year[8] - Net profit attributable to shareholders decreased by 59.79% to CNY 11,385,206.66 for the period[8] - Basic earnings per share fell by 59.82% to CNY 0.0270[8] - The weighted average return on net assets decreased by 1.49 percentage points to 0.85%[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 10,084,181.21, a decrease of 61.18%[8] - The company reported a total of 23,099 common shareholders at the end of the reporting period[12] - The total operating revenue for the third quarter was CNY 236,394,400.78, a decrease from CNY 301,302,800.02 in the previous period[43] - Total operating revenue for Q3 2017 was CNY 186,884,841.17, a decrease of 20.8% compared to CNY 235,969,886.45 in the same period last year[46] - Net profit for Q3 2017 was CNY 28,055,108.71, a decline of 26.0% compared to CNY 37,957,208.06 in Q3 2016[47] - The company reported a net profit attributable to shareholders of CNY 11,385,206.66 for Q3 2017, down from CNY 28,316,827.25 in Q3 2016[45] Asset Management - Total assets decreased by 7.84% to CNY 2,646,309,602.46 compared to the end of the previous year[8] - The company's total assets decreased to CNY 2,646,309,602.46 from CNY 2,871,450,074.70, indicating a potential need for asset management strategies[36] - Non-current assets totaled CNY 1,930,961,709.90, up from CNY 1,758,287,047.50, reflecting investment in fixed and intangible assets[36] - Cash and cash equivalents decreased by 77.55% to ¥102,965,972.57 from ¥458,556,987.47, primarily due to payments for the acquisition of 100% equity in J-STAR Research, Inc. and repayment of bank loans[21] - The total current assets decreased to ¥715,347,892.56 from ¥1,113,163,027.20, indicating a significant reduction in liquidity[35] Cash Flow - Net cash flow from operating activities for the year-to-date was CNY 198,946,733.52, down 4.38%[8] - The cash flow from operating activities showed a significant decline, with cash paid for various taxes decreasing by 83.59% to ¥5,912,053.15[25] - The net cash flow from operating activities for Q3 2017 was CNY 198.95 million, a decrease of 4.3% from CNY 208.06 million in the same period last year[54] - The ending balance of cash and cash equivalents was ¥26,644,167.60, a decrease from ¥107,270,691.46 in the previous period[58] - The company experienced a net decrease in cash and cash equivalents of -¥172,960,325.42 for the current period, contrasting with an increase of ¥69,976,846.77 in the previous period[58] Shareholder Information - The largest shareholder, Ju Nianfeng, holds 17.10% of the shares, amounting to 72,650,008 shares[13] - The company completed a share reduction plan by a major shareholder, Qing Shao, who reduced his holdings by 5 million shares, representing 1.18% of the total share capital[28] Expenses and Liabilities - The company's operating costs decreased by 35.35% to ¥135,940,165.93 compared to ¥210,281,403.43 in the same period last year, primarily due to lower sales revenue[24] - Financial expenses rose by 55.60% to ¥15,086,014.46, driven by increased exchange losses and higher interest expenses due to increased borrowings[24] - Long-term borrowings increased by 72.37% to ¥316,417,443.85 from ¥183,565,283.10, primarily due to an increase in long-term financing[23] - Current liabilities decreased significantly to CNY 907,018,701.54 from CNY 1,317,802,524.75, suggesting improved liquidity management[37] Investment Activities - The company received government subsidies amounting to CNY 3,416,791.92 during the reporting period[9] - Long-term equity investments increased to CNY 1,096,100.57 from CNY 1,350,271.20, indicating a strategic focus on long-term growth[36] - The total cash inflow from investment activities was ¥1,020,000.00, while cash outflow amounted to ¥272,306,233.79, resulting in a net cash flow of -¥271,286,233.79 for investment activities[58] Other Financial Metrics - Other comprehensive income improved by 50.93% to -¥4,773,731.28 from -¥9,727,965.36, mainly due to foreign currency translation differences[23] - The company incurred financial expenses of CNY 15,086,014.46 in Q3 2017, an increase from CNY 9,695,446.52 in the previous year[44] - The company reported a 174.75% increase in asset impairment losses to ¥3,993,254.88, mainly due to an increase in accounts receivable and higher bad debt provisions[24]