东方智造(002175) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the period was CNY 68,464,586, down 45.60% year-on-year[9] - Net profit attributable to shareholders was a loss of CNY 36,772,275, representing a decline of 91.44% compared to the same period last year[9] - Basic earnings per share were -CNY 0.0488, a decrease of 91.37% year-on-year[9] - The net profit attributable to shareholders for 2017 was CNY -27,199,970[34] - The decline in performance is attributed to the contraction of the cultural media segment and impairment of goodwill from invested companies and subsidiaries[34] - Net loss for Q3 2018 was ¥40,256,086.83, compared to a net loss of ¥21,557,568.18 in Q3 2017, representing an increase in loss of 86.7%[52] - Net profit for the current period is a loss of ¥114,957,704.97, compared to a profit of ¥1,555,945.79 in the previous period, indicating a significant decline[60] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,014,064,263.40, a decrease of 5.64% compared to the previous year[9] - Net assets attributable to shareholders decreased by 10.10% to CNY 941,718,544.52[9] - Cash and cash equivalents decreased by 56.97% year-on-year, primarily due to the repayment of bank loans during the reporting period[16] - The total current assets decreased from ¥920,096,849.96 to ¥840,709,258.08, a decline of approximately 8.6%[43] - Total liabilities decreased from ¥997,042,602.08 to ¥991,081,591.28, a slight reduction of about 0.6%[45] - The company's total assets decreased from ¥2,134,482,979.17 to ¥2,014,064,263.40, a decline of approximately 5.6%[44] - The non-current assets decreased from ¥1,214,386,129.21 to ¥1,173,355,005.32, a reduction of about 3.4%[44] Cash Flow - The net cash flow from operating activities was CNY 9,494,484, an increase of 212.38% compared to the previous year[9] - The net cash flow from operating activities decreased by 1795.88% year-on-year, mainly due to a reduction in cash received from customers compared to the previous year[16] - Cash flow from operating activities shows a net outflow of ¥23,612,206.17, contrasting with a net inflow of ¥1,392,327.77 in the previous period[65] - The net cash flow from operating activities was -3,014,755.20, a decrease from 32,941,309.44 in the previous period[70] - Cash inflow from investment activities totaled 4,000,000.00, compared to 66,007,900.00 in the previous period, indicating a significant decline[70] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 80,275[12] - The largest shareholder, Peng Peng, holds 12.23% of the shares, amounting to 92,173,383 shares[12] Research and Development - Research and development expenses decreased by 80.24% year-on-year, attributed to a reduction in capitalized R&D expenditures during the reporting period[16] - Research and development expenses decreased to ¥206,721.37 from ¥836,500.43, a reduction of 75.2% year-over-year[51] - Research and development expenses decreased to ¥895,207.26 from ¥4,530,217.00, reflecting a reduction of 80.2%[58] Commitments and Governance - The company reported a commitment to maintain the independence of Guanglu Shuce, ensuring that its personnel, assets, and operations remain independent from the controlling party[12] - The controlling party guarantees that Guanglu Shuce's senior management appointments will comply with legal regulations and the company's articles of association[24] - The company has established an independent financial department to ensure compliance with accounting standards and independent financial decision-making[26] - The controlling party commits to not reduce or transfer its shares in Guanglu Shuce for 12 months following the completion of the transaction[27] - The company will maintain the stability of its board and management for 12 months post-transaction to ensure consistent operational policies[28] - Guanglu Shuce's assets will be clearly defined and separated from those of the controlling party to avoid any disputes[25] - The company has committed to independent procurement and sales systems to ensure operational autonomy[25] - The controlling party will bear any economic losses or liabilities resulting from violations of the commitments made[27] - The company will independently open bank accounts and manage its financial transactions, ensuring compliance with tax obligations[26] - The commitment includes maintaining a stable shareholding structure and preventing any control or asset injection plans for 12 months[27] Other Financial Metrics - The company reported non-operating income and expenses totaling -CNY 12,748.03 for the period[11] - Other payables increased by 65.46% year-on-year, primarily due to an increase in temporary borrowings during the reporting period[16] - The company reported a 92.97% year-on-year decrease in undistributed profits, resulting from a net loss during the reporting period[16] - Development expenditures increased by 62.19% year-on-year, reflecting an increase in R&D projects during the reporting period[16] - Long-term borrowings increased by 175.21% year-on-year, primarily due to an increase in long-term bank loans during the reporting period[16]