建设工业(002265) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue decreased by 22.95% to CNY 150,712,960.39 for the current period, and by 12.47% to CNY 577,998,336.60 year-to-date[8] - Net profit attributable to shareholders decreased by 240.09% to a loss of CNY 4,924,439.39 for the current period, and by 93.80% to CNY 1,142,944.93 year-to-date[8] - The company expects a net loss for 2018 between -200 million yuan and -100 million yuan, compared to a net profit of 196.79 million yuan in 2017[19] - The decline in performance is attributed to decreased product sales revenue, rising raw material and labor costs, and a significant drop in the connecting rod market[19] Assets and Liabilities - Total assets increased by 1.30% to CNY 1,486,098,840.20 compared to the end of the previous year[8] - Prepayments increased by 268.19% compared to the beginning of the period, mainly due to an increase in advance payments for engineering[16] - Other receivables increased by 97.54% compared to the beginning of the period, mainly due to an increase in production advance payments and deposits[16] - Construction in progress increased by 50.69%, with an additional CNY 45.9 million for technical renovation projects[16] - Other non-current liabilities increased by 290.65%, mainly due to an increase of CNY 40.65 million in funds for "three supplies and one industry" and an increase of CNY 5.82 million in fiscal allocations for comprehensive technological renovations[16] Cash Flow - Cash flow from operating activities increased by 27.92% to CNY 152,834,266.58[8] - Cash received from operating activities increased by 357.21% year-on-year, primarily due to the receipt of 55.65 million yuan in subsidies[17] - Cash received from the disposal of fixed assets increased by 198.28% year-on-year, reflecting proceeds from fixed asset disposals[17] - Cash received from investment activities increased by 145.82% year-on-year, mainly due to increased fiscal allocations for the "12th Five-Year" comprehensive technological transformation project[17] - Cash paid for the purchase of fixed assets increased by 43.30% year-on-year, attributed to higher fixed asset investments[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 39,741[12] - Minority shareholder profit increased by 1534.82% year-on-year, mainly due to increased losses from subsidiaries[17] Expenses - Financial expenses decreased by 53.94% year-on-year, primarily due to a reduction in interest expenses by 1.5 million yuan[18] - Income tax expenses decreased by 55.52% year-on-year, mainly due to a reduction in total profit[18]