新亚制程(002388) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the current period was CNY 225,706,408.17, representing a year-on-year increase of 13.54%[8] - Net profit attributable to shareholders decreased by 54.85% to CNY 3,234,889.95 compared to the same period last year[8] - Basic earnings per share fell by 54.93% to CNY 0.0064, while diluted earnings per share also decreased by the same percentage[8] - The weighted average return on equity was 0.27%, down from 0.73% in the previous year[8] - The company reported a decrease in net profit attributable to shareholders after deducting non-recurring gains and losses, which fell by 63.36% to CNY 2,398,833.70[8] - The company expects a net profit for the full year 2018 to decrease by 69.21% to 30.73%, with an estimated range of CNY 20 million to CNY 45 million[20] Cash Flow - The net cash flow from operating activities was CNY 6,617,997.96, a significant decline of 90.45% year-on-year[8] - The net cash flow from operating activities was negative CNY 371.58 million, a significant decline of 1170.90% compared to negative CNY 29.24 million in the previous year[18] - Investment activities generated a net cash flow of CNY 380.50 million, a substantial increase of 1932.94% from negative CNY 20.76 million in the same period last year[18] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 2,271,110,948.44, an increase of 6.62% compared to the previous year[8] - Cash and cash equivalents decreased by 12.57% to ¥533,718,892.71 from ¥610,476,828.29[16] - Accounts receivable increased by 0.99% to ¥182,416,686.04 compared to ¥180,629,665.91[16] - Receivables from factoring increased significantly by 84.72% to ¥515,000,000.00 from ¥278,800,000.00, attributed to increased factoring business[16] - Prepayments surged by 712.44% to ¥303,030,030.84 from ¥37,298,857.90, due to increased supply chain business[16] - Inventory rose by 110.53% to ¥306,476,543.38 from ¥145,571,344.00, driven by increased finished goods from Shenzhen Kesu Huagang Jade Co., Ltd.[16] - Other current assets decreased by 95.25% to ¥14,413,080.05 from ¥303,221,779.59, mainly due to the recovery of previous investment funds[16] - Short-term borrowings increased by 16.21% to ¥529,731,332.12 from ¥455,834,585.15[16] - Deferred tax assets rose by 63.45% to ¥23,842,196.57 from ¥14,586,414.65, reflecting an increase in deductible losses[16] - The total liabilities decreased by 84.93% for other payables, reflecting the repayment of external borrowings during the reporting period[17] Shareholder Information - The total number of shareholders at the end of the reporting period was 38,570[11] - The largest shareholder, Shenzhen Xindida Electronics Group Co., Ltd., held 46.42% of the shares, amounting to 233,824,717 shares[11] Research and Development - Research and development expenses increased by 87.72% to CNY 7.82 million, reflecting higher investment in R&D activities during the reporting period[17] Other Financial Metrics - Non-recurring gains and losses totaled CNY 8,345,263.17 for the reporting period[9] - Financial expenses rose by 85.50% to CNY 17.19 million, primarily due to increased financing lease costs[17] - The company reported an investment income of CNY 9.28 million, a dramatic increase of 7508.49% compared to CNY 121,903.93 in the previous year[17] Operational Insights - The company reported a significant increase in prepayments and inventory, indicating expansion in operations[16] - Operating revenue for Q3 2018 was CNY 673.53 million, an increase of 11.50% compared to CNY 604.08 million in Q3 2017[17] - Net profit for Q3 2018 decreased by 57.04% to CNY 19.83 million from CNY 46.15 million in Q3 2017, primarily due to the absence of performance compensation from Guangdong Fuyuan Technology Co., Ltd.[17]