富临精工(300432) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 390,952,188.67, down 26.73% year-on-year, and CNY 1,044,090,917.56, down 36.05% year-to-date[7] - Net profit attributable to shareholders was CNY 42,950,774.37, a decline of 58.31% year-on-year, and CNY 121,870,677.81, down 61.35% year-to-date[7] - Basic earnings per share were CNY 0.0863, a decrease of 57.28% compared to the same period last year[7] - The company's operating revenue for the first nine months of 2018 was CNY 1,044,090,917.5, a decrease of 36.05% compared to CNY 1,632,792,078.30 in the same period last year[16] - The net profit for the same period was CNY 118,516,664.39, reflecting a decline of 62.31% from CNY 314,472,088.19 year-on-year[16] - Total operating revenue for Q3 2018 was CNY 390,952,188.67, a decrease of 26.7% compared to CNY 533,597,612.48 in the same period last year[31] - Net profit attributable to shareholders of the parent company was CNY 42,950,774.37, a decline of 58.3% from CNY 103,036,368.57 in Q3 2017[33] - The company's total comprehensive income for the current period is CNY -238,789,671.05, compared to CNY 58,555,014.18 in the previous period, indicating a significant decline[38] - Total comprehensive income for the current period was -¥101,831,523.94, compared to ¥193,487,543.81 in the previous period[45] Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,304,954,286.80, a decrease of 3.69% compared to the end of the previous year[7] - The company's total assets at the end of Q3 2018 amounted to CNY 4,312,604,014.59, a decrease from CNY 4,464,051,631.02 at the beginning of the year[29] - The total liabilities at the end of Q3 2018 were CNY 598,456,275.76, an increase from CNY 548,611,218.25 at the beginning of the year[30] - The company's equity attributable to shareholders of the parent company decreased to CNY 3,714,147,738.83 from CNY 3,915,440,412.77, reflecting a decline of 5.1%[30] - Inventory increased by 42.95% to CNY 419,675,402.03, primarily due to expanded sales scale and increased stocking[16] - Short-term borrowings rose significantly by 280.64% to CNY 348,290,000.00, mainly due to increased loans from the company[16] Cash Flow - The company reported a net cash flow from operating activities of CNY -18,024,829.63, a decline of 131.94% year-to-date[7] - Cash flow from operating activities showed a net outflow of CNY -18,024,829.63, a decrease of 131.94% compared to CNY 56,439,844.59 in the previous year[17] - The net cash flow from operating activities was negative at -¥18,024,829.63, a decline from a positive ¥56,439,844.59 in the previous period[46] - Cash and cash equivalents at the end of the period totaled ¥446,969,165.25, an increase from ¥387,347,897.57 in the previous period[49] - The net cash flow from financing activities was -74,007,657.35 CNY, indicating a significant outflow compared to the previous period's -162,496,220.47 CNY[52] Expenses - The company's management expenses increased by 47.47% to CNY 108,216,433.63, mainly due to additional losses from work stoppages and increased salary expenses[16] - The company's tax expenses decreased by 65.65% to CNY 22,713,823.47, primarily due to reduced profits[16] - The company reported a tax expense of CNY 6,033,820.19 for the current period, down from CNY 10,333,237.79 in the previous period, indicating a decrease of approximately 41.5%[37] - The company reported a significant other comprehensive loss of CNY -319,995,324.42 for the current period, which is a notable change from the previous period[37] Shareholder Information - The top shareholder, Sichuan Fulian Industrial Group Co., Ltd., holds 28.49% of shares, with 141,669,540 shares pledged[11] - The company has not conducted any repurchase transactions among the top 10 shareholders during the reporting period[12] Research and Development - The company reported a significant increase in research and development expenses, totaling CNY 27,796,930.12, compared to CNY 26,471,613.41 in the previous year[31] - Research and development expenses for the current period amount to CNY 18,270,113.68, up from CNY 12,461,458.46 in the previous period, reflecting a growth of approximately 46.7%[36] - Research and development expenses increased to ¥39,252,276.19, up 25.9% from ¥31,177,252.73 in the previous period[44]