CASIT(SZ:300678)2018-10-25 16:00Financial Performance - Operating revenue for the reporting period was CNY 58,645,918.44, representing a year-on-year increase of 38.63%[10] - Net profit attributable to shareholders was CNY 689,248.00, a significant decrease of 1,695.82% compared to the same period last year[10] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -1,036,339.91, down 48.56% year-on-year[10] - Basic earnings per share for the reporting period were CNY 0.0038, a decrease of 865.83% compared to the same period last year[10] - The weighted average return on net assets was 0.13%, a decrease of 0.79% compared to the previous year[10] - The company reported a significant increase in minority shareholder equity by 463.20% to -¥400,834.91 from -¥71,171.13, primarily due to losses from subsidiaries[22] - The net profit for the current period was ¥489,711.13, a turnaround from a net loss of ¥128,893.32 in the previous period[41] - The total profit for the current period was ¥640,027.21, compared to ¥49,573.50 in the previous period, showing a substantial increase[41] - Earnings per share (EPS) for the current period was reported at ¥0.0038, compared to a loss of ¥0.0005 in the previous period[42] - The company reported a comprehensive income total of ¥489,711.13, compared to a loss of ¥128,893.32 in the previous period[46] Assets and Liabilities - Total assets at the end of the reporting period were CNY 661,173,148.43, a decrease of 4.05% compared to the end of the previous year[10] - Total assets decreased from ¥689,087,643.31 to ¥661,173,148.43, a decline of approximately 4.06%[32] - Current assets decreased from ¥554,203,964.78 to ¥524,620,617.42, a reduction of about 5.33%[32] - Total liabilities decreased from ¥164,319,845.80 to ¥128,487,857.65, a reduction of about 21.83%[34] - Current liabilities decreased from ¥159,133,439.71 to ¥122,098,707.91, a decline of approximately 23.29%[34] - Owner's equity increased from ¥524,767,797.51 to ¥532,685,290.78, an increase of about 1.75%[34] Cash Flow - The company reported a net cash flow from operating activities of CNY -60,772,150.46, an increase of 11.91% year-to-date[10] - The company reported a net cash outflow from operating activities of ¥60,772,150.46, compared to a net outflow of ¥54,304,426.23 in the previous year[54] - Cash inflow from operating activities totaled 184,508,756.42 CNY, up from 143,545,385.80 CNY in the previous period[58] - The ending balance of cash and cash equivalents was 87,789,940.28 CNY, down from 200,173,082.28 CNY at the beginning of the period[57] - The net increase in cash and cash equivalents was -36,072,509.99 CNY, contrasting with an increase of 93,380,757.12 CNY in the previous period[56] Investments and Expenses - Research and development expenses rose by 38.53% to ¥7,970,841.56 from ¥5,753,845.79, reflecting increased investment in new technology development[22] - Financial expenses increased by 253.34% to -¥3,474,538.33 from -¥983,352.50, mainly due to increased deposit interest[22] - Investment income for the current period was ¥773,964.08, up from ¥191,164.58, marking an increase of approximately 304.5%[41] - The company incurred research and development expenses of ¥6,090,859.94, compared to ¥5,510,672.38 in the previous period, indicating a focus on innovation[52] Shareholder Information - The total number of shareholders at the end of the reporting period was 19,527[15] - The largest shareholder, China Academy of Sciences Holdings Co., Ltd., held 33.51% of the shares[15] Operational Highlights - Sales revenue from goods and services received increased by 36.38% to ¥190,253,356.31 from ¥139,503,465.63, primarily due to increased contract payments[22] - The company received government subsidies amounting to CNY 4,291,656.35 during the reporting period[12] - The company has no significant adverse impact on operations from ongoing litigation with Shell (Sichuan) Petroleum Co., Ltd.[23]