FACS(SH:600651)2019-10-30 16:00Financial Performance - Operating revenue for the period was ¥2,188,970,186.01, down 7.53% from ¥2,367,248,088.50 in the same period last year[16] - Net profit attributable to shareholders of the listed company was -¥657,495,226.57, showing an improvement compared to -¥827,736,045.54 in the previous year[16] - Basic earnings per share were -¥0.667, compared to -¥0.841 in the same period last year[19] - The company reported non-recurring gains and losses totaling ¥27,790.53 for the period[20] - The company reported a significant reduction in short-term borrowings, down to ¥1,554,000,000.00 from ¥2,060,000,000.00[52] - The company reported a net loss from continuing operations of approximately ¥408.59 million, compared to a loss of ¥425.53 million in the previous period, indicating a slight improvement[60] - The total comprehensive loss amounted to approximately ¥399.15 million, a decrease from ¥493.14 million in the prior period, reflecting a reduction in overall losses[62] - The company experienced a net loss attributable to shareholders of approximately ¥328.20 million, compared to a loss of ¥416.62 million in the previous period, showing a reduction in losses[60] Assets and Liabilities - Total assets at the end of the reporting period were ¥10,823,127,080.69, a decrease of 10.46% compared to the end of the previous year[16] - Total liabilities decreased from CNY 11,797,128,824.78 to CNY 11,316,450,717.44, a decline of approximately 4.1%[41] - Current liabilities decreased from CNY 9,881,760,259.40 to CNY 6,531,934,457.82, a reduction of about 33.7%[41] - The company's cash and cash equivalents decreased by 69.50% to ¥249,501,540.30 from ¥818,139,621.03 due to loan repayments[28] - Long-term borrowings increased significantly from CNY 918,557,170.50 to CNY 3,749,395,793.10, an increase of about 308.5%[41] - The total equity attributable to shareholders decreased from CNY 47,261,964.17 to CNY -641,333,141.40, indicating a significant decline[44] Cash Flow - Cash flow from operating activities was -¥106,841,052.98, an improvement from -¥224,277,494.53 in the previous year[16] - The net cash flow from operating activities improved by 52.36%, reaching -¥106,841,052.98 compared to -¥224,277,494.53 in the previous period[30] - The net cash flow from investing activities increased by 144.83% to ¥7,874,208.82 from -¥17,565,015.00, attributed to the disposal of subsidiaries and reduced capital expenditures[30] - The company reported a significant decrease in financing cash flow, down 911.02% to -¥466,927,695.75 from -¥46,183,930.43, primarily due to loan repayments[30] - Cash inflow from investment activities was CNY 21,975,454.47 in 2019, compared to CNY 35,154,614.66 in 2018, indicating a decrease of about 37.5%[76] - Cash outflow from financing activities in 2019 was CNY 6,899,056,662.56, significantly higher than CNY 2,421,730,379.13 in 2018, reflecting an increase of approximately 185.5%[76] Shareholder Information - The total number of shareholders at the end of the reporting period was 72,072[22] - The largest shareholder, Shanghai Yidian Electronics (Group) Co., Ltd., held 22.14% of the shares[22] Future Outlook - The company has not disclosed specific future outlook or guidance in the report[16] - The company is focusing on market expansion and new product development as part of its strategic initiatives moving forward[64]