WDM(SH:600055)2016-10-21 16:00Financial Performance - Operating revenue for the first nine months reached CNY 564,239,929.98, an increase of 8.01% year-on-year[6] - Net profit attributable to shareholders increased by 77.37% to CNY 44,913,512.01 compared to the same period last year[6] - Operating profit, total profit, and net profit all increased year-on-year, primarily due to revenue growth and improved gross margin[11] - The company's operating revenue for Q3 2016 was approximately ¥154.97 million, a slight increase from ¥150.77 million in the same period last year, representing a growth of 1.5%[27] - The net profit for Q3 2016 reached ¥18.57 million, compared to ¥5.78 million in Q3 2015, indicating a significant increase of 221.5% year-over-year[27] - The total comprehensive income attributable to the parent company for the first nine months of 2016 was approximately ¥63.36 million, compared to ¥38.82 million in the same period last year, marking a year-over-year increase of 63.1%[29] - The company's operating profit for the first nine months of 2016 was ¥46.94 million, up from ¥29.01 million in the previous year, representing a growth of 62.2%[27] - The total profit for Q3 2016 was ¥19.63 million, compared to ¥5.96 million in Q3 2015, reflecting an increase of 229.5% year-over-year[27] Assets and Liabilities - Total assets increased by 53.45% to CNY 2,041,382,537.47 compared to the end of the previous year[6] - The total assets at the end of the period amounted to approximately ¥1.88 billion, a significant increase from ¥1.25 billion at the beginning of the year, representing a growth of about 50.1%[20] - Current assets totaled approximately ¥1.12 billion, compared to ¥624.86 million at the beginning of the year, marking an increase of approximately 79.6%[20] - The total liabilities decreased to approximately ¥263.10 million from ¥511.11 million, a reduction of about 48.5%[21] - The company's equity totaled approximately ¥1.62 billion, up from ¥1.25 billion, indicating an increase of about 29.9%[21] Cash Flow - Net cash flow from operating activities improved significantly to CNY 6,249,603.51, a turnaround from a negative cash flow of CNY -72,624,793.69 in the previous year[6] - The cash flow from operating activities for the first nine months of 2016 was approximately ¥552.59 million, an increase from ¥527.88 million in the same period last year, indicating a growth of 4.7%[30] - The net cash flow from operating activities was 6,249,603.51 RMB, a significant improvement from a net outflow of 72,624,793.69 RMB in the previous period[31] - The total cash inflow from investment activities was 541,340,533.23 RMB, while cash outflow was 951,426,351.75 RMB, resulting in a net cash flow of -410,085,818.52 RMB[31] - The net cash flow from financing activities was 702,899,199.04 RMB, compared to 116,541,427.45 RMB in the previous period, indicating a strong increase in financing[32] - The company experienced a net increase in cash and cash equivalents of 299,062,984.03 RMB, contrasting with a decrease of 65,009,543.57 RMB in the previous period[32] Shareholder Information - The total number of shareholders reached 20,931 by the end of the reporting period[9] - The largest shareholder, Jiangsu Yuyue Technology Development Co., Ltd., holds 46.68% of the shares, with 80,582,560 shares pledged[9] Expenses - Sales expenses increased compared to the same period last year, mainly due to organizational adjustments and brand upgrade activities[15] - The company's sales expenses for Q3 2016 were ¥35.88 million, a significant increase of 56% compared to ¥22.98 million in Q3 2015[27] - Financial expenses decreased year-on-year, attributed to a reduction in loan scale and income from idle funds invested in financial products[15] - The financial expenses for Q3 2016 showed a reversal, with a net income of approximately -¥1.76 million, compared to an expense of ¥2.87 million in the same period last year[27]