福建金森(002679) - 2017 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period reached ¥63,168,546.49, representing a significant increase of 163.21% year-on-year[7] - Net profit attributable to shareholders was ¥18,674,318.49, an increase of 20.26% compared to the same period last year[7] - The company reported a 424.78% increase in net profit attributable to shareholders after deducting non-recurring gains and losses, amounting to ¥14,486,678.26[7] - Operating revenue amounted to ¥82,085,261.72, an increase of 31.22% compared to the same period last year, primarily due to an increase in main business income[16] - Investment income was ¥310,081.36, a significant increase of 415.60% year-on-year, due to higher returns from investments in a microloan company[16] - Other income totaled ¥14,809,905.65, doubling from the previous year, as the company adjusted government subsidy income according to new accounting standards[16] Cash Flow and Assets - The net cash flow from operating activities was ¥1,528,460.66, up 313.13% year-on-year[7] - Cash received from sales of goods and services was ¥29,061,436.45, a decrease of 35.02% compared to the previous period, due to delays in cash collection[18] - Net cash flow from financing activities was -¥89,749,672.32, a decrease of 256.13% year-on-year, due to reduced borrowings and increased repayments[19] - The company’s cash and cash equivalents decreased by 62.02% to ¥66,870,791.13 due to repayment of bank loans[14] - The cash and cash equivalents balance at the end of the period was ¥66,870,791.13, a decrease of 32.98% compared to the previous period[19] Accounts and Receivables - The amount of accounts receivable increased by 977.13% to ¥54,391,095.26, indicating a delay in the collection of sales proceeds[14] - Prepayments increased by 374.53% to ¥665,400.18, reflecting advance payments received for goods[14] Construction and Investments - The amount of construction in progress doubled to ¥8,765,595.88, attributed to the ongoing smart forestry innovation project[14] - Cash outflow from investment activities was ¥106,392.00, a decrease of 99.14% year-on-year, as the company did not procure or construct fixed assets during the reporting period[19] Future Outlook - The company expects a net profit attributable to shareholders for 2017 to range from ¥2,000,000 to ¥3,200,000, reflecting a year-on-year change of -21.77% to 25.17%[21] - The company aims to stabilize overall performance and seek breakthroughs by enhancing timber production and controlling expenses[21] Return on Equity - The company’s weighted average return on equity was 2.57%, an increase of 0.40% compared to the previous year[7] Operating Costs - Operating costs reached ¥36,782,199.55, up 73.46% year-on-year, mainly attributed to the increase in main business income[16]