通达动力(002576) - 2015 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 218,112,383.58, down 20.06% year-on-year, and CNY 645,703,531.75 for the year-to-date, down 22.22%[8] - Net profit attributable to shareholders was CNY 312,483.02, a decrease of 80.80%, and CNY 3,376,203.41 year-to-date, down 55.52%[8] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -442,238.26, a decrease of 231.81%, and CNY 2,568,405.72 year-to-date, down 63.15%[8] - Basic earnings per share were CNY 0.00, a decrease of 100.00%, and diluted earnings per share were also CNY 0.00, down 100.00%[8] - Total profit decreased by 77.78% primarily due to a decline in main business income and an increase in main costs[32] - Net profit decreased by 97.10% mainly due to the decrease in total profit[33] Assets and Shareholder Information - Total assets at the end of the reporting period were CNY 1,135,171,345.53, a decrease of 0.25% compared to the end of the previous year[8] - The total number of ordinary shareholders at the end of the reporting period was 13,190[11] - The largest shareholder, Jiang Yufeng, held 32.01% of the shares, totaling 52,849,977 shares[11] Cash Flow and Financial Position - The net cash flow from operating activities for the year-to-date was CNY 21,621,447.75, an increase of 127.66%[8] - Cash and cash equivalents decreased by 71.59% due to repayment of bank loans using raised and self-owned funds[18] - Cash flow from financing activities decreased by 228.06% due to reduced cash received from bank loans and increased cash repayments[41] Changes in Receivables and Prepayments - Prepayments increased by 108.58% primarily due to advance payments for raw materials and equipment[19] - Other receivables increased by 471.29% mainly due to the acquisition of Shenzhen Yiwel, which was included in the consolidation scope[20] Construction and Financial Expenses - Construction in progress increased by 3353.18% due to subsidiary projects in Tianjin and Fushong[22] - Financial expenses increased by 347.43% mainly due to increased bank loans and interest expenses[30] Future Projections and Acquisitions - The company expects to turn a profit in 2015 with a projected net profit of between 4,000,000 and 10,000,000 yuan, compared to a net loss of 1,659,480 yuan in 2014[48] - The company successfully acquired 60% of Shenzhen Yiwel, which holds full military qualifications, to serve as a platform for military information technology development[42][43]