浙江威星智能仪表股份有限公司 2017 年第三季度报告正文 证券代码：002849 证券简称：威星智能 公告编号：2017-077 浙江威星智能仪表股份有限公司 2017 年第三季度报告正文 1 浙江威星智能仪表股份有限公司 2017 年第三季度报告正文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人黄文谦、主管会计工作负责人陈智园及会计机构负责人(会计主 管人员)蓝献琴声明：保证季度报告中财务报表的真实、准确、完整。 2 浙江威星智能仪表股份有限公司 2017 年第三季度报告正文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 762,998,777.63 | 467,796,621.91 | | 63.10% | ...

Financial Performance - The company's operating revenue for the first half of 2017 was CNY 195,837,574.98, representing a 12.82% increase compared to CNY 173,586,225.82 in the same period last year[15]. - The net profit attributable to shareholders of the listed company was CNY 19,506,494.18, a 3.11% increase from CNY 18,918,311.42 year-on-year[15]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 18,863,304.83, reflecting a 14.66% increase from CNY 16,451,738.35 in the previous year[15]. - The basic earnings per share decreased by 15.66% to CNY 0.2455 from CNY 0.2911 in the same period last year[15]. - The diluted earnings per share also decreased by 15.66% to CNY 0.2455 compared to CNY 0.2911 in the previous year[15]. - The weighted average return on equity was 4.43%, down 3.49% from 7.92% in the same period last year[15]. - The company reported a significant increase in revenue for the first half of 2017, with a year-on-year growth of 25%[76]. - The net profit for the current period was ¥19,703,689.27, reflecting a growth of 4.8% from ¥18,806,053.86 in the previous period[169]. Cash Flow and Assets - The net cash flow from operating activities was negative at CNY -65,069,875.54, a decline of 95.31% compared to CNY -33,316,174.93 in the same period last year[15]. - The total assets at the end of the reporting period were CNY 678,099,566.53, an increase of 44.96% from CNY 467,796,621.91 at the end of the previous year[15]. - The company's cash and cash equivalents increased by 94.05% compared to the beginning of the period, primarily due to the receipt of raised investment funds[28]. - As of the end of the reporting period, cash and cash equivalents amounted to ¥237,942,579.31, representing 35.09% of total assets, an increase of 20.17% compared to ¥65,540,396.86 (14.92%) in the same period last year[47]. - The total cash and cash equivalents at the end of the period increased to ¥237,242,579.31, compared to ¥62,354,971.86 at the end of the previous period[173]. - The total liabilities at the end of the reporting period were CNY 109,217,000.00, indicating a manageable debt level[188]. Investments and R&D - Research and development investment increased by 11.28% to ¥11,229,440.57[40]. - The company is actively building a smart factory to enhance automation and production efficiency, aligning with the national strategy for intelligent manufacturing[31]. - The company is leveraging advancements in big data and cloud computing to drive innovation in the smart gas meter industry, indicating a trend towards accelerated expansion[27]. - R&D investment has been maintained at a high level, with a focus on developing core technologies and achieving independent intellectual property rights[111]. - The company plans to invest in the construction of a smart gas meter production base and a technology research and development center to enrich its product structure and enhance production capabilities[109]. Market Position and Strategy - The company achieved a market share ranking among the top in the industry, with products widely recognized by major gas groups such as Honghua Gas and China Gas[27]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by the end of 2018[76]. - The company plans to establish a joint venture with China Gas Group to enhance strategic cooperation and market presence[37]. - The company is exploring potential acquisitions to enhance its product portfolio and market reach[78]. - The company plans to implement a new customer loyalty program, which is expected to increase customer retention by 12%[76]. Profit Distribution and Shareholder Relations - The company plans not to distribute cash dividends or issue bonus shares for this reporting period[4]. - The profit distribution policy states that cash dividends should not be less than 20% of the distributable profits for the year, provided that the company's operational needs are met[84]. - The company emphasizes a stable and continuous profit distribution policy, prioritizing reasonable returns to investors while ensuring sustainable development[82]. - The company has a commitment to listen to and consider the opinions of minority shareholders in its profit distribution decisions[83]. - The company will ensure that the profit distribution policy is strictly followed, considering the opinions of independent directors and minority shareholders[89]. Risks and Challenges - The company faces industry cyclical risks due to the correlation between the smart gas meter market and the overall economic development, with potential demand impact from slowing infrastructure construction[67]. - Market competition is intensifying as the smart gas meter market expands, leading to increased pressure on market share and potential declines in gross margin[67]. - The company emphasizes the importance of risk awareness regarding future plans and performance forecasts, clarifying that these do not constitute commitments to investors[69]. Corporate Governance and Compliance - The company has a commitment to avoid conflicts of interest and ensure that all business opportunities are presented to the company[92]. - The company will adhere to legal regulations regarding profit distribution and ensure that any changes are compliant with the China Securities Regulatory Commission[89]. - The board must complete the distribution of dividends within two months after the shareholders' meeting[88]. - The company has fulfilled all commitments made to minority shareholders on time[115]. - The company has not experienced any penalties or rectification situations during the reporting period[118].

Financial Performance - Revenue for Q1 2017 was ¥88,841,503.22, representing a 17.25% increase compared to ¥75,773,536.58 in the same period last year[8] - Net profit attributable to shareholders was ¥6,516,161.93, up 25.35% from ¥5,198,240.17 year-on-year[8] - Net profit excluding non-recurring gains and losses was ¥6,312,273.04, reflecting a 21.43% increase from the previous year[8] - Basic earnings per share decreased by 6.00% to ¥0.0752 from ¥0.08 in the same period last year[8] - The company's net profit for the first half of 2017 is expected to increase by 3.33% to 9.41%, with an estimated range of 17 million to 18 million yuan[17] Cash Flow and Assets - The net cash flow from operating activities was -¥69,598,686.58, a 92.50% decline compared to -¥35,791,525.48 in the same period last year[8] - Total assets at the end of the reporting period reached ¥678,550,965.64, a 45.05% increase from ¥467,796,621.91 at the end of the previous year[8] - Net assets attributable to shareholders increased by 84.84% to ¥513,131,059.01 from ¥277,613,873.02 at the end of the previous year[8] - Cash and cash equivalents increased by 120% compared to the end of the previous year, mainly due to the fundraising from the company's IPO[16] - Accounts receivable increased by 30.82% compared to the end of the previous year, attributed to expanded sales and slower collection in the first quarter[16] - Other receivables increased by 150% compared to the end of the previous year, primarily due to an increase in bid guarantees and personal loans[16] - Short-term borrowings decreased by 100% compared to the end of the previous year, as the company repaid bank loans during the period[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,503[11] - The company received government subsidies amounting to ¥239,869.28 during the reporting period[9] Return on Equity - The weighted average return on equity was 2.33%, slightly up from 2.20% in the previous year[8]