飞鹿股份(300665) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the period reached CNY 106,635,677.63, a year-on-year increase of 57.45%[9] - Net profit attributable to shareholders was CNY 7,442,272.79, reflecting a growth of 21.91% year-on-year[9] - The net profit after deducting non-recurring gains and losses was CNY 7,466,264.12, up 23.16% compared to the same period last year[9] - Basic earnings per share increased by 22.40% to CNY 0.0612[9] - The company's net profit for Q3 2018 was not explicitly stated, but the increase in revenue and costs indicates a focus on growth despite rising expenses[43] - The net profit for Q3 2018 reached CNY 7,200,668.72, representing a 10.9% increase from CNY 6,482,876.73 in Q3 2017[44] - The total profit for Q3 2018 was CNY 8,171,933.14, a decrease of 6.7% from CNY 8,760,425.34 in Q3 2017[44] - The company's total profit for the current period was ¥8,264,004.97, down 43.06% from ¥14,490,143.75 in the previous period[52] Assets and Liabilities - Total assets increased by 27.93% to CNY 762,815,896.88 compared to the end of the previous year[9] - The total assets as of the end of Q3 2018 amounted to CNY 762.82 million, compared to CNY 596.27 million at the beginning of the year, reflecting a growth of 27.9%[37] - The company's total liabilities increased to CNY 308.15 million from CNY 154.17 million, indicating a significant rise in financial obligations[37] - Total liabilities increased significantly, with short-term borrowings rising by 215.22% to ¥145,000,000.00[18] - The company reported a significant increase in short-term borrowings, rising to CNY 145 million from CNY 46 million, indicating a strategy to leverage debt for growth[37] Cash Flow - The net cash flow from operating activities for the year-to-date was negative CNY 81,955,132.15, a decline of 17.58%[9] - Cash flow from operating activities showed a net outflow of ¥81,955,132.15, worsening from a net outflow of ¥69,702,302.96 in the previous period[56] - Total cash inflow from investment activities was ¥67,904,883.71, while cash outflow was ¥151,425,152.13, resulting in a net cash outflow of ¥83,520,268.42[56] - The net cash inflow from financing activities was CNY 96,046,704.84, a decrease from CNY 137,285,147.86 in the previous year[60] - Cash and cash equivalents at the end of the period totaled CNY 45,425,055.63, down from CNY 99,930,854.07 year-over-year[60] Shareholder Information - The total number of shareholders at the end of the reporting period was 9,128[12] - The largest shareholder, Zhang Weiguo, holds 25.36% of the shares, amounting to 30,841,235 shares[12] - The company implemented a cash dividend policy, distributing ¥3.8 million to shareholders based on the 2017 profit distribution plan[28] - The company paid CNY 7,455,277.93 in dividends and interest, compared to CNY 8,695,315.10 in the previous year[60] Operational Highlights - Cash received from sales increased by 61.36% to approximately ¥201.86 million due to expanded business scale[22] - The acquisition of Hunan Naishen Plastic Engineering Co., Ltd. contributed over ¥50 million in revenue, with an order backlog of approximately ¥220 million[24] - Strategic cooperation agreements were signed with Zhongji New Environmental Materials Co., Ltd. and Zhengzhou Railway Equipment Manufacturing Co., Ltd. to explore new projects[25] - Research and development expenses for Q3 2018 amounted to CNY 2,270,712.36, down from CNY 2,943,714.83 in Q3 2017, indicating a reduction of 22.7%[45] - Research and development expenses increased to ¥7,487,760.90, up 20.97% from ¥6,188,111.93 in the previous period[52] Inventory and Receivables - Inventory rose by 95.04% to ¥98,207,077.68, attributed to the acquisition of inventory from the purchased entity and stockpiling by the parent company[18] - Accounts receivable stood at CNY 228.30 million, slightly down from CNY 235.22 million, indicating stable collection performance[38] - Other receivables surged by 494.12% to ¥34,250,043.24, mainly due to the acquisition of other receivables from the purchased entity[18] - Prepayments increased by 120.13% to ¥12,719,500.50, primarily from acquisitions of non-controlling entities[18] Financial Ratios - The weighted average return on equity decreased by 19.49% to 1.65%[9] - Financial expenses rose by 138.05% to ¥2,563,017.14 due to increased short-term bank loans[19] - The company reported a 321.21% increase in asset impairment losses, totaling ¥2,679,704.66, due to higher bad debt provisions[19] - The total assets impairment loss for Q3 2018 was CNY 2,178,126.71, compared to a gain of CNY 1,075,472.23 in Q3 2017[45]