星云股份(300648) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥75,754,879.20, a decrease of 1.85% year-on-year, while year-to-date revenue increased by 22.37% to ¥229,865,091.53[9] - Net profit attributable to shareholders was ¥8,588,669.64, down 62.91% year-on-year, with a year-to-date decrease of 43.85% to ¥24,532,058.87[9] - Basic earnings per share for the reporting period was ¥0.060, a decline of 82.35% compared to the same period last year[9] - The weighted average return on net assets was 1.62%, down 3.14% year-on-year, with a year-to-date return of 4.66%, down 7.07%[9] - Total operating revenue for Q3 2018 was CNY 75,754,879.20, a decrease of 1.65% from CNY 77,181,511.26 in the same period last year[40] - Net profit for Q3 2018 was CNY 8,517,377.93, down 63.0% from CNY 23,081,122.01 in Q3 2017[41] - Total operating revenue for the current period reached CNY 229,865,091.53, an increase of 22.4% compared to CNY 187,842,332.89 in the previous period[47] - Net profit for the current period was CNY 10,071,884.47, a decrease of 56.1% from CNY 22,987,107.49 in the previous period[46] - The total comprehensive income for the current period was CNY 10,071,884.47, down from CNY 22,987,107.49 in the previous period[46] - The net profit for Q3 2018 was CNY 26,912,039.84, a decrease of 38.7% compared to CNY 43,909,288.74 in the same period last year[53] - Operating profit for Q3 2018 was CNY 29,134,978.85, down from CNY 47,006,789.76 year-over-year, reflecting a decline of 38.1%[53] Assets and Liabilities - Total assets at the end of the reporting period reached ¥705,502,596.95, an increase of 8.75% compared to the end of the previous year[9] - The company's total assets reached CNY 696,591,286.16, an increase of 8.0% from CNY 645,016,993.72 at the beginning of the year[37] - Total liabilities increased from CNY 131.81 million to CNY 169.08 million, an increase of approximately 28.3%[34] - The company's total liabilities amounted to CNY 156,623,047.14, an increase of 25.2% from CNY 125,190,794.54[38] - The company's equity attributable to shareholders rose from CNY 516.63 million to CNY 534.40 million, a growth of about 3.4%[34] - The company's equity totaled CNY 539,968,239.02, an increase of 3.0% from CNY 519,826,199.18 at the beginning of the year[38] Cash Flow - Cash flow from operating activities showed a net outflow of ¥12,794,293.90, representing a 76.52% increase in outflow compared to the previous year[9] - Cash flow from operating activities improved by 76.52% to -¥12,794,293.90 due to increased cash receipts from sales[19] - Total cash inflow from operating activities was CNY 187,943,763.71, compared to CNY 143,523,164.74 in the same period last year, representing an increase of 30.9%[54] - Cash flow from investment activities resulted in a net outflow of CNY 9,365,339.07, compared to a net outflow of CNY 71,119,061.61 in the previous year[56] - Cash flow from financing activities showed a net outflow of CNY 4,810,000.00, a significant decrease from a net inflow of CNY 224,093,951.50 in the same period last year[56] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,443[13] - The largest shareholder, Li Youcai, held 16.34% of the shares, with a total of 22,124,190 shares, of which 7,160,000 were pledged[13] - The company did not engage in any repurchase transactions during the reporting period[14] - The company reported no overdue commitments from major shareholders or related parties during the reporting period[25] - There were no violations regarding external guarantees during the reporting period[27] - The company did not execute any cash dividend policies during the reporting period[26] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[28] Operational Changes - Prepayments increased by 134.47% to ¥10,146,666.42 due to higher advance payments for materials[17] - Other receivables rose by 65.79% to ¥14,454,572.12 mainly from software product refunds and increased insurance deposits[17] - Inventory increased by 38.95% to ¥119,667,600.68 as a result of higher sales orders leading to increased raw material purchases[17] - Construction in progress surged by 8423.38% to ¥1,405,875.91 due to design fees for a new factory[17] - Operating costs increased by 43.43% to ¥118,915,952.96 primarily due to higher sales revenue and changes in product mix[18] - R&D expenses grew by 31.07% to ¥36,517,752.97 driven by increased R&D spending and personnel costs[18] - Research and development expenses for Q3 2018 were CNY 13,650,147.41, up 24.0% from CNY 11,004,455.61 in the previous year[40] - Research and development expenses increased to CNY 36,517,752.97, compared to CNY 27,862,047.76, indicating a focus on innovation[47] Other Information - The company reported non-recurring gains and losses totaling ¥2,121,214.19 for the year-to-date period[10] - The company decided to terminate the 2018 restricted stock incentive plan due to difficulties in financing for the incentive objects[22] - The termination of the incentive plan will not significantly impact the company's financial condition or operating results[23] - The company's cash and cash equivalents decreased from CNY 149.33 million to CNY 130.08 million, a decline of approximately 12.8%[32] - Accounts receivable increased from CNY 204.55 million to CNY 227.69 million, representing an increase of about 11.3%[32] - Inventory rose significantly from CNY 86.12 million to CNY 119.67 million, marking an increase of approximately 38.8%[32] - Total assets increased from CNY 648.72 million to CNY 705.50 million, reflecting a growth of about 8.7%[33] - The third quarter report of Fujian Xingyun Electronics Co., Ltd. is unaudited[61] - The legal representative of the company is Li Youcai[62] - The report was issued on October 27, 2018[62]