天汽模(002510) - 2016 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥375,491,336.13, representing a year-on-year growth of 41.71%[8] - Net profit attributable to shareholders was ¥20,200,436.70, a decrease of 18.86% compared to the same period last year[8] - The net profit after deducting non-recurring gains and losses was ¥18,754,902.04, down 66.82% year-on-year[8] - The weighted average return on net assets was 0.01%, a decrease of 99.34% compared to the previous year[8] - The company expects a net profit attributable to shareholders for 2016 to range between 13,133.66 and 18,058.79 million RMB, reflecting a potential decrease of 20.00% to an increase of 10.00% compared to the previous year[23] Cash Flow - Cash flow from operating activities showed a significant decline, with a net amount of ¥506,132.91, down 98.90% year-to-date[8] - The company's net cash flow from operating activities decreased by 98.9% to 506,132.91 RMB, attributed to a 13.52% decline in customer payments and a 55.87% decrease in export tax refunds[19] - The net cash flow from financing activities increased by 967.06% to 347,558,024.54 RMB, primarily due to funds raised from the issuance of convertible bonds[19] - The company's total cash and cash equivalents increased by 260,113,325.43 RMB, compared to a decrease of 39,084,627.75 RMB in the same period last year[19] Assets and Liabilities - Total assets at the end of the reporting period reached ¥4,114,281,719.67, an increase of 10.65% compared to the previous year[8] - The company's cash and cash equivalents increased by 58.54% to ¥597,733,225.64, primarily due to the inflow of funds from convertible bonds[16] - Accounts receivable rose by 72.45% to ¥173,222,969.51, attributed to customers using bank acceptance bills for settlement[16] - The construction in progress increased by 146.24% to ¥88,686,566.45, driven by investments in the development and industrialization of large multi-station progressive molds for automotive use[16] - The accounts payable increased by 65.21% to 234,239,256.5 RMB compared to the beginning of the period, primarily due to the increased use of bank acceptance bills for supplier payments[17] - The interest payable surged by 3264.55% to 1,546,818.49 RMB, mainly due to the increased interest obligations from convertible bonds issued during the period[17] - The company issued convertible bonds, resulting in accounts payable bonds totaling 357,819,976.15 RMB as of September 30, 2016, compared to 0 RMB at the beginning of the period[17] Financial Expenses and Other Income - The financial expenses for the period amounted to 21,452,361.18 RMB, representing a 239.5% increase year-on-year, mainly due to increased interest expenses from convertible bonds and foreign exchange losses[18] - The company's other comprehensive income increased by 566.96% to 1,435,745.13 RMB, primarily due to the appreciation of the Euro affecting the financial statements of its European subsidiary[17]