扬子新材(002652) - 2017 Q3 - 季度财报

Financial Performance - Operating revenue for the period reached ¥917,490,803.29, a 61.05% increase year-on-year[8] - Net profit attributable to shareholders decreased by 66.16% to ¥10,483,131.55 compared to the same period last year[8] - Basic earnings per share fell by 66.67% to ¥0.02[8] - Revenue for the period reached ¥2,127,020,086.05, a 64.42% increase compared to ¥1,293,639,904.37 in the same period last year, driven by increased sales from both the parent company and overseas subsidiaries[17] - The company expects a net profit attributable to shareholders for 2017 to range between ¥6,502 and ¥10,565.74 million, reflecting a change of -20.00% to 30.00% compared to the previous year[22] Assets and Liabilities - Total assets increased to ¥3,066,398,641.08, representing a 33.01% increase compared to the end of the previous year[8] - The company’s long-term borrowings increased by 68.97% to ¥327,738,610.88, driven by increased investments in fixed assets and capacity expansion[16] - Fixed assets increased by 43.25% to ¥554,682,894.35, primarily due to increased capital expenditures by overseas subsidiaries[16] - The company’s capital reserve decreased by 88.29% to ¥8,486,847.10, mainly due to the transfer of capital reserves to increase share capital[17] Cash Flow - Net cash flow from operating activities decreased by 47.19% to ¥113,868,201.09[8] - The net cash flow from operating activities decreased by 121.35% to -¥44,508,044.29, mainly due to increased material procurement by overseas subsidiaries[17] Shareholder Information - The company reported a total of 19,747 common shareholders at the end of the reporting period[12] - The largest shareholder, Lvxikinsuo Investment Co., Ltd., holds 37.50% of the shares, totaling 192,000,000 shares[12] Subsidies and Gains - The company received government subsidies amounting to ¥3,786,910.05 during the reporting period[9] - Non-recurring gains and losses totaled ¥2,558,166.18 after tax adjustments[9] Inventory and Receivables - Accounts receivable increased by 168.64% to ¥245,294,676.98, primarily due to increased sales revenue during the reporting period[16] - The company's inventory rose by 91.67% to ¥993,567,479.52, attributed to increased production capacity of overseas subsidiaries[16] Employee Compensation and Expenses - The company reported a significant increase in employee compensation liabilities, rising by 766.50% to ¥4,738,286.84, reflecting an increase in workforce due to expanded production[16] - The company’s sales expenses rose by 136.43% to ¥43,355,287.92, attributed to increased sales activities and market expansion efforts by overseas subsidiaries[17] Return on Assets - The weighted average return on net assets was 1.46%, down by 0.03% from the previous year[8]