ST万林(603117) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue increased by 6.52% to CNY 691,506,320.42 for the first nine months compared to the same period last year[6]. - Net profit attributable to shareholders decreased by 19.50% to CNY 66,519,474.85 for the first nine months compared to the same period last year[6]. - Basic earnings per share decreased by 23.08% to CNY 0.10[7]. - The weighted average return on equity decreased by 0.68 percentage points to 2.95%[7]. - The net profit after deducting non-recurring gains and losses decreased by 18.39% to CNY 66,519,529.75 for the first nine months compared to the same period last year[6]. - Total operating revenue for Q3 2019 reached ¥210,673,403.11, an increase of 8.4% compared to ¥194,644,687.69 in Q3 2018[28]. - Net profit for Q3 2019 was ¥20,356,199.15, a decrease of 6.8% from ¥21,827,054.11 in Q3 2018[29]. - The company reported a total profit of ¥23,247,280.92 for Q3 2019, down 16.4% from ¥27,815,573.15 in Q3 2018[29]. - The company’s total profit for the first three quarters of 2019 was ¥100,143,952.03, a decrease of 23.1% from ¥130,222,593.78 in the same period of 2018[29]. Cash Flow - The net cash flow from operating activities was negative at CNY -938,887,802.04 for the first nine months[6]. - Cash inflow from operating activities for the first three quarters of 2019 was ¥5,426,532,223.67, a decrease from ¥6,182,519,861.55 in the previous year, showing a decline of approximately 12%[37]. - The net cash flow from operating activities for Q3 2019 was -¥938,887,802.04, compared to -¥13,161,713.64 in Q3 2018, indicating a significant decline in cash generation[38]. - Total cash outflow from operating activities reached ¥6,365,420,025.71, up from ¥6,195,681,575.19 in the previous year, reflecting increased operational expenses[38]. - The net cash flow from financing activities surged by 3072.01% to ¥953,961,798.08, reflecting significant cash inflows from borrowings[14]. - Cash inflow from financing activities was ¥1,227,498,445.90, a substantial increase from ¥176,929,103.78 in Q3 2018, highlighting improved access to financing[39]. Assets and Liabilities - Total assets decreased by 5.31% to CNY 5,945,806,371.71 compared to the end of the previous year[6]. - The company's total current assets decreased to ¥3,916,535,855.63 from ¥4,232,241,632.02 at the beginning of the year[19]. - Current liabilities decreased from CNY 3,561,661,376.40 to CNY 3,290,168,522.89, a reduction of about 7.59%[21]. - Non-current liabilities decreased from CNY 262,750,828.44 to CNY 168,062,782.94, a decrease of approximately 36.06%[21]. - Total liabilities decreased from CNY 3,824,412,204.84 to CNY 3,458,231,305.83, a decline of about 9.57%[21]. - Total equity increased from CNY 2,454,937,834.55 to CNY 2,487,575,065.88, an increase of approximately 1.33%[21]. - The company's accounts receivable decreased by 47.73% to ¥164,450,318.12 compared to the beginning of the year due to a reduction in the amount of payments collected via notes[13]. - The company's long-term receivables were reduced to zero, down from ¥20,382,944.61, due to the maturity of factoring amounts[13]. Expenses - Sales expenses rose by 51.35% to ¥41,838,279.76, primarily due to increased transportation costs from the African timber project[14]. - The company's financial expenses in Q3 2019 amounted to ¥12,957,033.74, a decrease from ¥21,294,525.49 in Q3 2018, indicating a reduction of about 39%[33]. - The company’s interest expenses in Q3 2019 were ¥12,748,276.76, compared to ¥23,551,761.99 in Q3 2018, indicating a reduction of approximately 46%[33]. Shareholder Information - The total number of shareholders reached 33,040[10]. - The largest shareholder, Shanghai Huirui Industrial Co., Ltd., holds 21.31% of the shares[11]. Government Support - The company received government subsidies amounting to CNY 1,529,652.17 during the reporting period[8]. Comprehensive Income - The total comprehensive income for Q3 2019 was ¥21,761,035.24, an increase from ¥15,000,616.81 in Q3 2018[31]. - The total comprehensive income for Q3 2019 was ¥1,000,724.87, compared to ¥348,216,611.62 in Q3 2018, reflecting a significant drop[35].