亚邦股份(603188) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months decreased by 29.31% to CNY 1,162,033,141.61 compared to the same period last year[6]. - Net profit attributable to shareholders dropped by 93.90% to CNY 16,717,111.04 year-on-year[6]. - Basic earnings per share fell by 93.85% to CNY 0.0293[7]. - The total profit for the first three quarters of 2019 was a loss of CNY 90,962,250.92, compared to a profit of CNY 65,470,029.09 in the same period of 2018[30]. - Net profit for Q3 2019 was a loss of CNY 75,531,186.29, compared to a profit of CNY 64,934,160.47 in Q3 2018[30]. - The company reported a total comprehensive income of -75,531,186.29 for Q3 2019, compared to 64,934,160.47 in Q3 2018[31]. Assets and Liabilities - Total assets decreased by 5.28% to CNY 4,513,087,480.34 compared to the end of the previous year[6]. - Total liabilities decreased by 52.24% in accounts payable to ¥119,650,000.00, due to the settlement of bank acceptance bills[15]. - Total assets as of September 30, 2019, amounted to CNY 3,651,406,887.12, an increase from CNY 3,349,046,709.43 at the end of 2018[27]. - Current liabilities totaled CNY 1,190,706,604.58, compared to CNY 1,126,329,561.91 in the previous period, reflecting an increase of approximately 5.7%[28]. - Total liabilities reached CNY 1,287,443,443.85, up from CNY 1,219,870,966.52, indicating a rise of about 5.5%[28]. Cash Flow - Cash flow from operating activities decreased by 91.75% to CNY 30,878,473.23 compared to the same period last year[6]. - The net cash flow from operating activities dropped by 91.75% to 30,878,473.23 RMB due to a significant decrease in cash received from sales[16]. - The total cash inflow from operating activities for the first three quarters of 2019 was ¥928,018,954.69, down from ¥1,313,938,516.76 in the same period of 2018[37]. - Cash outflows for operating activities in the first three quarters of 2019 totaled 892,910,630.35 RMB, significantly higher than 307,192,162.72 RMB in the previous year[39]. Shareholders and Equity - Net assets attributable to shareholders increased by 5.63% to CNY 3,172,904,379.67 year-on-year[6]. - Total number of shareholders reached 28,394[13]. - The company's equity attributable to shareholders rose to CNY 3,172,904,379.67 from CNY 3,003,813,214.53, marking an increase of approximately 5.6%[27]. - Shareholders' equity decreased to ¥3,120,353,328.70 from ¥3,271,875,425.16, a reduction of ¥151,522,096.46[45]. Production and Operations - The company faced production interruptions due to environmental regulations, impacting sales and operational efficiency[8]. - As of the report date, no subsidiaries have resumed production as planned, affecting overall performance[8]. - The company is actively pursuing the resumption of production and has submitted applications for resumption to the local government[17]. - The company’s subsidiaries have been temporarily shut down since May 8, 2019, for safety inspections and rectifications, affecting 73.05% of the company's total revenue in 2018[19]. Investments and Income - Investment income surged by 716.43% to ¥18,694,272.33, mainly from the transfer of Jiangnan Bank equity[15]. - Non-operating income included government subsidies amounting to CNY 3,320,893.04, related to daily operations[10]. - The company reported a significant increase in other receivables, which rose to CNY 1,133,737,022.79 from CNY 555,940,135.76, reflecting a growth of 103.7%[27]. Expenses - Sales expenses dropped by 33.76% to ¥26,943,813.40, linked to decreased sales revenue[15]. - Research and development expenses for the first three quarters of 2019 were CNY 38,524,728.98, down 30% from CNY 54,964,865.62 in the same period of 2018[29]. - The company experienced a significant increase in management expenses, which rose to CNY 433,919,276.88 in the first three quarters of 2019, compared to CNY 402,350,942.11 in the same period of 2018[30].