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秦川机床(000837) - 2018 Q3 - 季度财报
QINCHUANQINCHUAN(SZ:000837)2018-10-30 16:00

Financial Performance - Operating revenue for the reporting period was ¥792,740,555.64, representing a year-on-year growth of 13.93%[8] - The net profit attributable to shareholders was a loss of ¥25,487,570.29, with a year-to-date loss of ¥21,586,628.80[8] - Basic earnings per share for the reporting period was -¥0.0368, compared to -¥0.0311 in the same period last year[8] - The weighted average return on net assets was -0.91%, down from -0.77% in the previous year[8] - The company reported non-recurring gains and losses totaling ¥24,606,127.58 for the year-to-date[10] - The company anticipates a significant change in net profit for the year, indicating potential losses compared to the previous year[23] Cash Flow and Assets - The net cash flow from operating activities for the year-to-date was a negative ¥23,194,373.84[8] - Cash and cash equivalents decreased by 40.63% to ¥871,957,308.84 from ¥1,468,691,246.79 due to increased financing lease payments by subsidiaries[18] - Long-term receivables increased by 250.60% to ¥607,403,953.97 from ¥173,246,014.01, primarily driven by the growth in financing lease business[18] - Other current assets rose by 81.91% to ¥904,173,306.39 from ¥497,041,676.34, attributed to increased receivables from factoring and asset securitization[18] - Operating cash flow for the first nine months of 2018 was -¥23,194,373.84, a decline from -¥19,187,638.16 in the same period of 2017[20] - The cash flow from financing activities decreased by 13.17% to ¥155,552,589.14 from ¥179,143,396.03, influenced by changes in borrowing and bond issuance[20] Shareholder Information - The total number of shareholders at the end of the reporting period was 65,769[13] - The top shareholder, Shaanxi Provincial Government State-owned Assets Supervision and Administration Commission, holds 15.94% of shares[13] - The company did not engage in any repurchase transactions during the reporting period[14] Investment and Securities - The total investment in securities at the end of the period amounted to 6,921,698.17 million CNY, with a fair value of 25,144,963.55 million CNY[26] - The company reported a loss of 4,145,835.86 million CNY in its total securities investment during the period[26] - The company has entrusted 7,000 million CNY in bank wealth management products, with an unexpired balance of 26,142.32 million CNY[28] - The company has a total of 35,670 million CNY in entrusted financial management, with expected returns of 4,023 million CNY[30] - The company has a total of 14,160 million CNY in trust products with a projected return rate of 10%[30] - The company has a total of 1,700 million CNY in private equity investments with a projected return rate of 5%[30] Operational Challenges - The company experienced a 250.53% increase in operating expenses, totaling ¥9,015,607.47, primarily due to expected litigation losses[20] - The company reported an asset impairment loss of ¥16,346,950.48, a significant increase of 760.58% compared to the previous year[20] - Investment income decreased by 70.73% to ¥15,291,579.26 from ¥52,236,127.28, mainly due to reduced returns from trading financial assets[20] Compliance and Governance - There were no non-operating fund occupations by controlling shareholders or their related parties during the reporting period[34] - The company has not engaged in any research, communication, or interview activities during the reporting period[32] - The company has no violations regarding external guarantees during the reporting period[33] - The company has no derivative investments during the reporting period[31]