江海股份(002484) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the period was CNY 528,731,566.46, representing an 11.00% increase year-on-year[8] - Net profit attributable to shareholders decreased by 4.21% to CNY 65,801,422.94 compared to the same period last year[8] - Basic earnings per share decreased by 4.27% to CNY 0.0807[8] - The weighted average return on net assets was 2.02%, down by 6.48% compared to the previous year[8] - The company reported a decrease in net cash flow from operating activities, indicating potential challenges in maintaining cash generation[96] - The net profit for the current period is CNY 46,693,956.98, down from CNY 59,294,135.07 in the previous period, reflecting a decrease of approximately 21.3%[71] - The total comprehensive income for the current period is CNY 56,778,757.86, compared to CNY 55,346,214.32 in the previous period, indicating a slight increase of about 2.6%[74] - The total profit for the period was ¥232,604,279.68, compared to ¥216,593,720.26 in the previous period, reflecting an increase of approximately 7.4%[80] Assets and Liabilities - Total assets increased by 6.95% to CNY 4,338,892,931.42 compared to the end of the previous year[8] - Total non-current assets reached CNY 1.77 billion, compared to CNY 1.58 billion, marking an increase of about 11.9%[42] - Total liabilities reached CNY 756.64 million, compared to CNY 619.10 million, indicating an increase of approximately 22.2%[45] - Current liabilities totaled CNY 714.54 million, an increase from CNY 577.39 million, representing a growth of about 23.8%[45] - The company’s total assets were reported at CNY 4,056,943,699.00, consistent with the previous reporting period[118] - Total liabilities amounted to approximately $367.38 million, with current liabilities totaling about $348.31 million[128] Cash Flow - Net cash flow from operating activities increased significantly by 134.09% to CNY 30,383,577.29[8] - Cash inflow from investment activities reached CNY 982,589,995.24, an increase of 11.2% from CNY 883,348,153.04 in the previous year[98] - Cash outflow for investment activities was CNY 1,138,632,097.57, up 13.5% from CNY 1,002,508,762.46 in the prior year[98] - Net cash flow from investment activities was CNY -156,042,102.33, compared to CNY -119,160,609.42 in the previous period[98] - Cash inflow from financing activities totaled CNY 158,550,000.00, significantly higher than CNY 10,000,000.00 in the prior year[98] - Net cash flow from financing activities was CNY 65,496,486.88, a recovery from CNY -75,647,103.90 in the previous period[98] Shareholder Information - The total number of shareholders at the end of the reporting period was 24,478[12] - The largest shareholder, Yiwai Investment Co., Ltd., holds 31.84% of the shares[12] - The company did not engage in any repurchase transactions during the reporting period[18] Expenses - Management expenses for the first nine months of 2019 increased by ¥27,559,850.86, a rise of 42.47%, mainly due to increased employee compensation[25] - The company’s sales expenses increased to CNY 62,492,996.50 from CNY 47,596,023.64 in the previous period, representing an increase of approximately 31.2%[77] - The company’s management expenses rose to CNY 92,450,996.63 from CNY 64,891,145.77 in the previous period, reflecting an increase of about 42.4%[77] Investment and Income - The company received government subsidies amounting to CNY 23,178,022.37 during the reporting period[8] - Investment income decreased by ¥21,589,963.46, a decline of 54.37%, due to the change in accounting treatment of a previously joint venture[25] - The company’s investment income for the current period is CNY 18,119,961.87, down from CNY 39,709,925.33 in the previous period, indicating a decrease of approximately 54.4%[77] - The company achieved a net increase in investment income of ¥30,397,570.59, down from ¥36,711,201.01, indicating a decrease of about 17.1%[88] Market Strategy - The company plans to continue expanding its market presence and invest in new product development to drive future growth[59]