*ST新纺(002087) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 1,358,653,600.06, a decrease of 11.47% year-on-year, while revenue from the beginning of the year to the end of the reporting period was CNY 4,224,730,008.38, down 10.98%[7] - Net profit attributable to shareholders decreased by 62.39% to CNY 51,767,080.21 for the reporting period, and decreased by 35.61% to CNY 204,374,731.05 from the beginning of the year to the end of the reporting period[7] - Basic earnings per share for the reporting period was CNY 0.0634, down 62.37% year-on-year, and diluted earnings per share was also CNY 0.0634[7] - Total operating revenue for Q3 2019 was CNY 1,358,653,600.06, a decrease of 11.5% compared to CNY 1,534,651,993.50 in Q3 2018[37] - Net profit for Q3 2019 was CNY 47,841,941.47, a decline of 65.2% from CNY 137,657,821.31 in Q3 2018[38] - The company's operating revenue for the third quarter was CNY 1,419,153,362.66, a decrease of 12.2% compared to CNY 1,616,450,587.17 in the same period last year[41] - The net profit for the third quarter was CNY 26,880,413.43, down 55.7% from CNY 60,598,461.81 in the previous year[43] - The total comprehensive income for the third quarter was CNY 20,293,310.85, a decrease from CNY 59,183,335.85 year-on-year[43] Assets and Liabilities - Total assets at the end of the reporting period decreased by 3.62% to CNY 9,407,657,557.72 compared to the end of the previous year[7] - The company's total assets amounted to CNY 9,407,657,557.72, a decrease from CNY 9,760,695,690.96 at the end of 2018[27] - The company's current assets totaled CNY 5,513,595,615.81, down from CNY 5,735,735,027.02 at the end of 2018, indicating a decline of approximately 3.87%[28] - The company's total liabilities were CNY 5,281,723,053.92, down from CNY 5,779,610,255.78, indicating a decrease of about 8.63%[29] - The company's equity attributable to shareholders rose to CNY 4,054,013,493.06 from CNY 3,904,870,386.96, marking an increase of approximately 3.83%[30] - The company's total non-current assets were CNY 3,894,061,941.91, down from CNY 4,024,960,663.94, indicating a decrease of about 3.24%[28] - The company's total liabilities decreased to CNY 4,675,848,657.65 from CNY 4,898,553,515.19, reflecting a reduction of 4.5%[34] Cash Flow - Net cash flow from operating activities for the reporting period was negative CNY 62,679,130.53, while cash flow from the beginning of the year to the end of the reporting period increased by 88.23% to CNY 914,931,485.05[7] - The net cash flow from operating activities for Q3 2019 was ¥914,931,485.05, an increase from ¥486,064,026.88 in Q3 2018, representing an increase of approximately 88.3%[54] - Total cash inflow from operating activities was ¥4,615,039,138.18, while cash outflow was ¥3,700,107,653.13, resulting in a net cash inflow of ¥914,931,485.05[54] - The cash flow from investing activities showed a net outflow of ¥86,819,429.39, compared to a net outflow of ¥188,025,491.87 in the previous year, indicating a reduction in investment losses[55] - Cash inflow from financing activities totaled ¥3,301,368,015.54, while cash outflow was ¥4,500,591,863.43, leading to a net cash outflow of ¥1,199,223,847.89[55] Inventory and Receivables - The company's inventory stood at CNY 2,758,813,886.00, slightly down from CNY 2,805,332,114.17, a decrease of about 1.65%[27] - The company reported a decrease in accounts payable to CNY 124,133,613.59 from CNY 207,398,340.02, a decline of approximately 40.06%[29] - The company reported a significant increase in other receivables, which rose to CNY 905,107,917.54 from CNY 295,494,156.29, marking a growth of 206.5%[32] Borrowings and Financial Expenses - The company's long-term borrowings increased by 578.33% compared to the beginning of the year, indicating significant new long-term debt[15] - Short-term borrowings increased to CNY 2,571,824,975.00 from CNY 2,232,830,000.00, reflecting an increase of approximately 15.24%[29] - The company experienced a decrease in financial expenses, which were CNY 138.35 million, down from CNY 160.25 million year-on-year[50] Research and Development - Research and development expenses for the third quarter were CNY 45,270,686.58, slightly down from CNY 47,965,397.29 in the previous year[41] - Research and development expenses amounted to CNY 105.52 million, a decrease of 15.9% from CNY 125.42 million in the same period last year[50]