丰乐种业(000713) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥307,908,339.14, representing a year-on-year increase of 16.23%[8] - Net profit attributable to shareholders was -¥23,120,554.17, a decrease of 39.10% compared to the same period last year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥23,167,552.13, down 62.44% year-on-year[8] - The basic earnings per share for the reporting period was -¥0.0774, a decrease of 39.21% compared to the same period last year[8] - The weighted average return on net assets was -1.74%, compared to -0.51% in the previous year[8] - The net cash flow from operating activities for the year-to-date was -¥74,346,842.14, an increase of 53.22% compared to the same period last year[8] Shareholder Information - The total number of shareholders at the end of the reporting period was 36,319[12] - The largest shareholder, Hefei Construction Investment Holding (Group) Co., Ltd., holds 34.11% of the shares[12] Revenue and Costs - The company's operating revenue for the reporting period reached ¥1,109,961,761.55, an increase of 19.37% compared to ¥929,826,061.92 from the previous year[16] - Operating costs rose to ¥942,765,033.79, reflecting an 11.40% increase from ¥846,299,635.09 in the same period last year[16] Asset and Investment Changes - The company reported a significant increase in asset impairment losses, totaling ¥1,646,796.76, a 2380.10% increase from a loss of ¥72,224.64 in the previous year[16] - Investment income decreased by 218.10%, resulting in a loss of ¥1,776,235.67 compared to a profit of ¥1,504,027.21 in the previous year[16] Cash Flow and Liquidity - The net cash flow from operating activities improved by 53.22%, amounting to -¥74,346,842.14, compared to -¥158,928,336.06 in the previous year[16] - The company’s cash and cash equivalents increased by 131.93%, reaching ¥20,267,415.81, compared to -¥63,481,339.20 in the previous year[17] Development and Acquisitions - The company is in the process of constructing a national enterprise technology center with a total planned area of approximately 27,000 square meters, expected to be operational in the first half of 2019[18] - The company plans to acquire 100% equity of Sichuan Tonglu Agricultural Technology Co., Ltd. through a combination of issuing shares and cash payments, which has been approved by the shareholders[20] Legal and Compliance Issues - The company’s accounts have been frozen, with a total balance of ¥7,604,364.94 across several bank accounts due to legal proceedings[20] - The company has no derivative investments during the reporting period[26] - There were no research, communication, or interview activities conducted during the reporting period[27] - The company did not have any violations regarding external guarantees during the reporting period[28] - There were no non-operating fund occupations by controlling shareholders or their affiliates during the reporting period[29] Research and Development - The company’s research and development expenses increased by 3.40%, totaling ¥14,136,652.12 compared to ¥13,672,154.42 in the previous year[16] Financial Management - The company reported a total of 8,600 million in entrusted financial management from its own funds[25] - There is an overdue amount of 1,000 million that has not been recovered[25]