YMK(SZ:300249)2019-10-28 16:00Financial Performance - Operating revenue for the reporting period was CNY 214,927,734.74, down 47.50% year-on-year[8]. - Net profit attributable to shareholders was CNY 18,585,226.90, a decrease of 15.49% compared to the same period last year[8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 4,429,304.38, down 79.29% year-on-year[8]. - Basic earnings per share for the reporting period were CNY 0.0417, a decrease of 15.24% compared to the same period last year[8]. - The weighted average return on net assets was 2.31%, down 18.37% year-on-year[8]. - The company reported a total of CNY 198,565,459.91 in advance receipts, up from CNY 179,244,033.11, an increase of 10.8%[66]. - The total comprehensive income attributable to the parent company was CNY 24.24 million, down 59.7% from CNY 60.15 million in the previous year[83]. - The company reported a significant increase in credit impairment losses, amounting to CNY 17.11 million, compared to no losses reported in the previous year[80]. Cash Flow and Assets - The company reported a net cash flow from operating activities of CNY -70,275,324.82, a significant decrease of 2,103.24% compared to the same period last year[8]. - Cash and cash equivalents decreased by 43.62% to ¥195,797,726.06 due to payments for construction projects[20]. - Total assets at the end of the reporting period were CNY 2,883,648,472.40, a decrease of 2.13% compared to the end of the previous year[8]. - Total current assets amounted to CNY 2,145,945,203.48, with cash and cash equivalents at CNY 347,304,473.18[96]. - The ending cash and cash equivalents balance was CNY 108,981,221.24, down from CNY 284,300,173.64 year-over-year, representing a decline of approximately 61.7%[90]. - Cash inflow from operating activities totaled CNY 773,309,268.99, compared to CNY 1,072,867,386.59 in the previous year, reflecting a decrease of approximately 28%[89]. - The net cash flow from investing activities was CNY -106,558,450.47, worsening from CNY -88,987,110.90 in the previous year[90]. Shareholder Information - The total number of shareholders at the end of the reporting period was 21,863[12]. - The top shareholder, Sun Yizheng, holds 17.94% of the shares, amounting to 78,495,500 shares[12]. - Shareholders holding more than 5% of the company's shares plan to reduce their holdings by up to 1.35% of the total share capital, equating to 6,000,000 shares[38]. - Shanghai Hengsheng has reduced its holdings by 2,000,000 shares, now holding 25,512,500 shares, which is 5.8318% of the total share capital[38]. - Song Zhengxing and his concerted actors have reduced their holdings by 2,299,947 shares, now holding a total of 21,680,254 shares, representing 4.9558% of the total share capital[39]. Legal Matters - The company is currently involved in 36 ongoing lawsuits, with a total litigation amount of 121.8005 million yuan[40]. - Of the ongoing lawsuits, 15 are where the company or its subsidiaries are plaintiffs, involving 85.0682 million yuan, while 21 are as defendants, involving 36.7323 million yuan[40]. - The company is in the process of resolving several ongoing legal matters, which may impact future financial performance[48]. - The company is committed to ensuring compliance and addressing legal challenges as part of its operational strategy[48]. Investments and Projects - The company signed a formal contract for the Nanning Wuxiang Ocean Big Data Industrial Park project with a total contract amount of CNY 353,019,620[53]. - The company has secured a 70% share in the Alibaba Data Center project for precision air conditioning procurement, with ongoing orders being executed as per project needs[54]. - The company completed the construction tasks for the first two buildings of the Fangshan Green Cloud Computing Data Center project, with the contract value amounting to CNY 603 million, representing 48.32% of the company's audited revenue for 2017[55]. - The company won the bid for the Tianjin First Central Hospital expansion project with a contract amount of approximately CNY 110 million[58]. Liabilities and Equity - Total liabilities increased significantly, with long-term borrowings rising by 62.16% to ¥120,000,000.00[20]. - Total liabilities decreased to CNY 1,886,146,122.52 from CNY 1,946,295,588.41, a decline of 3.1%[66]. - Total equity decreased slightly to CNY 997,502,349.88 from CNY 1,000,183,107.82, a decrease of 0.2%[67]. - The company has a total asset value of CNY 2,946,478,696.23, reflecting stable growth in asset management[99]. Future Outlook - The company is actively pursuing new strategies in market expansion and product development, although specific details were not disclosed in the report[48]. - Future guidance indicates a focus on enhancing product development and technological innovation to drive growth[100].