万马科技(300698) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥70,292,180.04, a decrease of 9.54% year-on-year, while revenue for the year-to-date period was ¥216,022,043.56, down 23.98% compared to the same period last year[8]. - Net profit attributable to shareholders for the reporting period was ¥1,086,851.94, a decline of 76.95%, with year-to-date net profit down 79.42% to ¥6,205,634.96[8]. - Basic earnings per share for the reporting period were ¥0.0081, down 80.81%, and diluted earnings per share were also ¥0.0081, reflecting an 80.81% decrease[8]. - The weighted average return on net assets was 0.28%, a significant drop of 86.79% compared to the previous year[8]. - The company reported a net profit forecast for the year of between ¥4,000,000 and ¥5,000,000, representing a decline of 85.37% compared to the previous year[22]. - The company reported a net loss for the quarter, with total expenses exceeding total revenue, leading to a negative operating margin[36]. - The net profit for Q3 2018 was ¥1,086,851.94, down 77.0% from ¥4,715,187.35 in Q3 2017[41]. - The total profit for Q3 2018 was ¥1,400,135.18, a decrease of 73.3% from ¥5,231,596.03 in Q3 2017[41]. - The company reported a total comprehensive income of ¥6,205,634.96, a decrease of 79.4% from ¥30,148,178.43 in the previous year[49]. Cash Flow - The net cash flow from operating activities for the year-to-date period was -¥33,040,526.72, a drastic decline of 791.57%[8]. - Cash flow from operating activities showed a net outflow of ¥33,040,526.72, compared to a net inflow of ¥4,777,644.15 in the same period last year[53]. - The net cash flow from operating activities was -32,850,173.02, a significant decrease compared to 4,777,644.15 in the previous year[57]. - The net cash flow from investing activities was -2,165,277.18, improving from -6,057,663.18 year-over-year[57]. - The net cash flow from financing activities was 35,866,920.20, a decrease from 175,341,481.81 in the previous year[58]. - The company paid 34,000,000.00 in debt repayment during the quarter, compared to 10,000,000.00 in the previous year[58]. - The company’s cash outflow for employee payments was 37,271,529.78, an increase from 35,078,877.89 year-over-year[57]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥634,409,154.37, an increase of 11.58% compared to the end of the previous year[8]. - The company's accounts receivable increased significantly by 850.55% to ¥11,236,000 from ¥1,182,045 due to an increase in customer acceptance bills received[19]. - Prepayments rose by 43.21% to ¥25,929,000 from ¥18,106,058, attributed to increased business volume in the medical sector[19]. - Other receivables increased by 110.15% to ¥20,170,434 from ¥9,598,200, due to higher payments for bidding and project guarantees[19]. - Total liabilities amounted to CNY 253,100,237.46, compared to CNY 189,048,321.99, showing a rise of 33.9%[30]. - The company's retained earnings increased to CNY 77,978,764.94 from CNY 76,195,129.53, a growth of 2.3%[34]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,494[12]. - The largest shareholder, Zhang Desheng, holds 30.75% of the shares, amounting to 41,205,000 shares[12]. - The company has not conducted any repurchase transactions among the top 10 shareholders during the reporting period[13]. Operating Costs and Expenses - Total operating costs for Q3 2018 were CNY 70,962,230.28, down from CNY 73,840,655.55, reflecting a reduction of 3.8%[36]. - Operating costs for Q3 2018 were ¥46,991,037.17, down from ¥50,017,445.48 in the previous year, reflecting a cost reduction strategy[40]. - The company's financial expenses surged by 719.00% to ¥303,730 from ¥37,090, primarily due to increased bank loans[19]. - Financial expenses increased significantly to ¥3,037,433.67 from ¥370,855.25, primarily due to higher interest expenses[48]. - The company’s other income decreased by 79.03% to ¥31,310 from ¥149,320, due to fewer software tax refunds compared to the previous period[19]. - The company reported other income of ¥63,410.78 in Q3 2018, significantly lower than ¥761,563.05 in Q3 2017[41]. Future Outlook - The company anticipates continued revenue decline due to the end of 4G network construction and the slow rollout of 5G networks[23].