新疆众和(600888) - 2019 Q3 - 季度财报

Financial Performance - Operating income for the first nine months was CNY 3,480,043,410.48, a slight decrease of 0.19% year-on-year[17] - Net profit attributable to shareholders decreased by 13.02% to CNY 129,363,336.04 compared to the same period last year[17] - Basic earnings per share decreased by 19.23% to CNY 0.1441 compared to the same period last year[19] - Total operating revenue for Q3 2019 was CNY 1,257,099,037.14, an increase from CNY 1,190,097,724.81 in Q3 2018, representing a growth of approximately 5.6%[48] - Net profit for Q3 2019 was CNY 38,628,654.42, down from CNY 47,742,504.07 in Q3 2018, reflecting a decrease of approximately 19.4%[49] - Total comprehensive income for the first three quarters of 2019 reached CNY 139.49 million, a decrease of 6.4% compared to CNY 149.97 million in the same period of 2018[53] Assets and Liabilities - Total assets increased by 20.02% to CNY 12,511,962,804.51 compared to the end of the previous year[17] - The company’s total liabilities increased significantly, with accounts payable rising by 45.54% to CNY 703,164,611.76 from CNY 483,152,967.36, reflecting a higher proportion of settlement via notes[25] - The total liabilities reached CNY 7,962,537,468.69, up from CNY 6,771,280,450.99, which is an increase of approximately 17.6%[39] - Current liabilities rose to CNY 4,992,437,807.65 compared to CNY 4,180,606,855.16, reflecting an increase of approximately 19.4%[39] - Long-term borrowings increased to CNY 2,676,410,000.00 from CNY 2,238,655,000.00, marking a growth of about 19.6%[39] Cash Flow - Net cash flow from operating activities was negative at CNY -89,780,032.86, a decrease of 128.73% year-on-year[17] - Cash inflow from operating activities for the first three quarters of 2019 was CNY 4,417,083,150.25, compared to CNY 5,356,568,301.23 in the same period of 2018, reflecting a decline of approximately 17.5%[57] - Net cash flow from operating activities for Q3 2019 was -CNY 89,780,032.86, a significant decrease from CNY 312,521,948.35 in Q3 2018[57] - Cash outflow from investing activities for the first three quarters of 2019 totaled CNY 297,591,712.17, compared to CNY 217,174,004.17 in the same period of 2018[57] - The net cash flow from investment activities was -290,939,968.86 CNY, compared to -204,869,586.60 CNY in the previous year, indicating a decline of approximately 42%[60] Shareholder Information - The total number of shareholders at the end of the reporting period was 65,999[20] - The largest shareholder, TBEA Co., Ltd., held 30.80% of the shares[22] - The company reported a total equity of CNY 4,549,425,335.82, up from CNY 3,653,662,001.24, which is an increase of about 24.5%[39] Investments and Income - The company received government subsidies amounting to CNY 46,862,783.36 during the reporting period[19] - The company reported an investment income of CNY 26,639,877.00 for Q3 2019, compared to CNY 17,959,320.95 in Q3 2018, marking an increase of approximately 48.5%[49] - The company's investment income received in cash increased by 226.78% to CNY 18,009,237.60 from CNY 5,511,080.73, due to dividends received from its associate company[27] Operational Efficiency - The company reported a net cash flow from operating activities of -CNY 89,780,032.86, a decrease of 128.73% compared to CNY 312,521,948.35, attributed to increased payments for bulk material purchases and extended customer payment cycles[27] - The company executed a new financial instrument standard starting January 1, 2019, impacting the classification and measurement of financial assets[69] - The company has a total of CNY 261,899,762.83 in deferred revenue, indicating future revenue recognition[68]