*ST长方(300301) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 392,389,649.41, a decline of 17.09% year-on-year[9] - Net profit attributable to shareholders of the listed company was a loss of CNY 10,384,853.12, a decrease of 159.90% compared to the same period last year[9] - Basic earnings per share were CNY -0.0131, down 159.82% year-on-year[9] - The company's gross profit margin decreased to 3.06% from 7.29% in the previous year, indicating a decline in profitability[38] - The company reported a net profit margin of 3.06%, down from 7.29% in the previous year, indicating a decline in overall profitability[38] - The net profit for the current period is CNY -35,820,260.99, compared to a net profit of CNY 527,423.83 in the previous period, reflecting a significant decline[44] - The total comprehensive income for the current period is CNY -35,820,260.99, compared to CNY 527,423.83 in the previous period, indicating a substantial decrease[44] - The company's total profit for the current period is CNY 33,432,646.12, a decrease from CNY 84,092,419.43 in the previous period[48] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,724,760,286.44, a decrease of 2.12% compared to the end of the previous year[9] - Total liabilities increased to CNY 1.35 billion, compared to CNY 1.33 billion at the beginning of the period, indicating a rise of 0.29%[32] - The total equity attributable to shareholders decreased to CNY 2.08 billion from CNY 2.17 billion, a decline of 3.93%[32] - Cash and cash equivalents decreased by 37.76% to ¥304,033,635.08 from ¥488,483,461.43 due to increased payments to suppliers and acquisition of minority interests[18] - The ending balance of cash and cash equivalents was 91,793,767.45 CNY, down from 260,407,937.60 CNY in the previous period[58] Cash Flow - The net cash flow from operating activities was CNY -282,271,479.67, a significant decline of 1,209.61% compared to the previous year[9] - The cash flow from operating activities shows a net outflow of CNY -282,271,479.67, contrasting with a net inflow of CNY 25,438,705.81 in the previous period[52] - The total cash inflow from operating activities was 158,837,073.69 CNY, while cash outflow was 457,467,699.75 CNY[57] - Cash inflow from investment activities totaled 509,190,750.58 CNY, while cash outflow was 441,053,748.74 CNY, resulting in a net cash flow of 68,137,001.84 CNY[57] - The net cash flow from financing activities was 218,917,936.70 CNY, an increase from 180,230,562.29 CNY in the previous period[58] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,870[13] - The top ten shareholders held a combined 70.03% of the shares, with the largest shareholder holding 15.77%[13] Receivables and Payables - Accounts receivable increased by 86.46% to ¥820,071,647.14 from ¥439,818,502.67, attributed to new customer acquisition and adjustments in credit terms[18] - Prepayments rose by 126.14% to ¥29,228,251.62 from ¥12,924,977.34, mainly due to increased advance payments to suppliers[18] - Other receivables increased by 88.83% to ¥20,847,967.52 from ¥11,040,834.89, primarily due to an increase in export tax refunds receivable[18] - Accounts receivable increased significantly to CNY 368.73 million, up from CNY 190.51 million, reflecting a 93.54% increase[33] Expenses - Research and development expenses for the quarter were CNY 23.71 million, down from CNY 28.13 million, reflecting a decrease of 15.71%[38] - The research and development expenses for the current period are CNY 71,623,281.51, an increase from CNY 67,493,578.63 in the previous period, showing a rise of approximately 3.3%[45] - Financial expenses for the current period total CNY 23,355,285.57, down from CNY 25,093,500.36, indicating a decrease of about 6.9%[45] - Tax expenses rose by 31.16% to ¥22,763,238.71 from ¥17,355,873.36, mainly due to increased VAT payable[19] Investment Activities - Investment income decreased by 54.22% to ¥4,473,675.86 from ¥9,772,862.57, attributed to reduced returns from financial products[19] - The investment income for the current period is CNY 4,473,675.86, compared to CNY 9,772,862.57 in the previous period, representing a decline of approximately 54.3%[45] - The asset impairment losses for the current period are CNY 91,522,619.37, an increase from CNY 58,054,794.27 in the previous period, reflecting a rise of approximately 57.5%[45] Future Plans - The company plans to acquire 35.7454% equity in Kangmingsheng from 29 shareholders, with the transaction counterpart changed to Yongzhou Pengkang Enterprise Management Partnership[22]