日上集团(002593) - 2017 Q3 - 季度财报

Financial Performance - Operating revenue for the period reached CNY 483,876,258.00, a growth of 37.22% year-on-year[8] - Net profit attributable to shareholders decreased by 48.57% to CNY 11,820,267.26 compared to the same period last year[8] - Basic earnings per share fell by 33.33% to CNY 0.02 per share[8] - The estimated net profit attributable to shareholders for 2017 is expected to range from 55.07 million to 82.61 million yuan, reflecting a change of -20.00% to 20.00% compared to the previous year[33] - The main reasons for performance fluctuations are attributed to raw material price changes and exchange rate fluctuations[33] Assets and Liabilities - Total assets increased by 11.80% to CNY 3,906,904,875.83 compared to the end of the previous year[8] - Accounts receivable increased by 36.11% due to an increase in received bill payments during the reporting period[16] - Prepayments grew by 49.16% primarily due to increased advance payments for main materials[17] - Long-term borrowings increased by 247.79% due to additional long-term loans from China Export-Import Bank[21] Cash Flow - Cash flow from operating activities decreased by 39.51% to CNY 87,980,551.42[8] - Cash received from other operating activities decreased by 51.12% compared to the previous period, mainly due to a reduction in bank guarantee deposits recovered[27] - Cash paid for purchasing goods and accepting services increased by 107.02% compared to the same period last year, primarily due to an increase in inventory purchases[27] - Cash paid for other operating activities decreased by 51.77% compared to the previous period, mainly due to a reduction in accounts receivable and guarantee deposits[27] - Cash received from investment decreased by 50.53% compared to the previous period, mainly due to a reduction in investment funds received[29] - Cash paid for other financing activities increased by 109.9% compared to the same period last year, primarily due to increased bank guarantee deposits for financing loans[29] Operating Costs and Expenses - Operating costs rose by 42.09% in line with the increase in operating revenue[23] - Operating expenses increased by 223.39% compared to the same period last year, mainly due to increased losses from fixed asset disposals[27] - Non-operating income decreased by 94.65% mainly due to government subsidies being reclassified to other income[26] Tax and Refunds - Tax refunds received increased by 111.68% compared to the same period last year, primarily due to higher export tax rebates[27] Investment Activities - The company plans to exit a 20% equity investment in Shanghai Lusheng, reducing its registered capital from 18.375 million to 14.7 million yuan, receiving 7.35 million yuan as compensation[30]