怡达股份(300721) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue decreased by 8.31% to CNY 309,203,246.55 for the current period compared to the same period last year[7]. - Net profit attributable to shareholders decreased by 38.83% to CNY 11,400,048.05 for the current period compared to the same period last year[7]. - Net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 60.27% to CNY 7,009,324.54 for the current period compared to the same period last year[7]. - Basic earnings per share decreased by 54.11% to CNY 0.1423 for the current period compared to the same period last year[7]. - The company's net profit for the period was not explicitly stated, but the decrease in revenue and costs suggests a focus on maintaining profitability amidst declining sales[38]. - The net profit for the current period is CNY 34,357,892.46, a decrease from CNY 49,338,956.70 in the previous period, representing a decline of approximately 30.4%[49]. - The total profit for the current period is CNY 40,838,730.18, compared to CNY 60,572,181.88 in the previous period, indicating a decrease of approximately 32.7%[49]. - The company's operating profit for the current period is CNY 41,545,431.12, down from CNY 61,361,545.52 in the previous period[49]. - The net profit for the third quarter was CNY 11,438,271.32, down from CNY 18,658,467.38 year-over-year, representing a decline of approximately 38.5%[41]. - The total profit for the third quarter was CNY 13,377,452.21, compared to CNY 23,174,077.91 in the same period last year, a decrease of about 42.5%[40]. Cash Flow - The net cash flow from operating activities increased significantly by 565.57% to CNY 104,518,224.80 year-to-date[7]. - Cash flow from operating activities increased by 565.57% to ¥104,518,224.80 due to higher sales collections[15]. - The cash inflow from operating activities totaled CNY 941,471,100.37, compared to CNY 817,736,414.53 in the previous period[53]. - The total cash outflow from operating activities was 707,605,619.87 CNY, compared to 479,984,164.15 CNY in the previous period, indicating an increase of 47.4%[57]. - The net cash flow from operating activities was 9,705,725.29 CNY, a decrease of 88.6% compared to the previous period's 84,982,804.72 CNY[57]. - The cash inflow from financing activities totaled 246,636,200.00 CNY, compared to 130,000,000.00 CNY in the previous period, reflecting an increase of 89.0%[59]. - The net cash flow from financing activities was 83,474,413.65 CNY, a significant increase from 7,798,180.68 CNY in the previous period[59]. Assets and Liabilities - Total assets increased by 8.15% to CNY 1,373,558,260.33 compared to the end of the previous year[7]. - Current assets totaled CNY 493,754,567.40, a decrease of 14.8% from CNY 579,812,314.54 at the beginning of the period[35]. - Non-current assets increased to CNY 678,257,442.12, up 45.4% from CNY 466,176,042.82 at the start of the period[36]. - Total liabilities rose to CNY 447,267,796.32, an increase of 17.8% compared to CNY 379,590,625.32 at the beginning of the period[33]. - The company's equity attributable to shareholders reached CNY 872,322,668.36, up 2.7% from CNY 852,746,816.56[33]. - The company reported a significant increase in inventory, which rose to CNY 80,533,186.20, up 19% from CNY 67,639,049.73[35]. Shareholder Information - The company reported a total of 11,609 common shareholders at the end of the reporting period[11]. - The largest shareholder, Liu Zhun, holds 21.17% of the shares, amounting to 17,119,608 shares, with 600,000 shares pledged[11]. - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[12]. Research and Development - Research and development expenses for the quarter were CNY 6,457,610.13, reflecting a focus on innovation despite overall revenue decline[38]. - Research and development expenses increased to CNY 6,457,610.13 from CNY 5,733,769.98, reflecting a growth of approximately 12.6%[43]. - Research and development expenses for the current period amount to CNY 17,405,589.59, slightly increasing from CNY 17,393,524.12 in the previous period[51]. Projects and Investments - The company plans to apply for a bank loan of up to ¥500 million for the "annual production of 150,000 tons of propylene oxide project"[19]. - The "annual production of 200 tons of titanium silicalite catalyst project" is currently 75% complete[20]. - The "30,000 cubic meters liquid chemical storage project" is also 75% complete in construction[21]. - The "annual production of 150,000 tons of propylene oxide project" is 45% complete in equipment manufacturing and civil construction[22]. - Investment income rose by 213.73% to ¥7,054,516.90 mainly from increased financial investment returns[15]. - The investment income for the third quarter was CNY 2,619,305.82, compared to CNY 985,788.33 in the previous year, representing an increase of approximately 165.5%[40].