WDM(SH:600055)2017-10-27 16:00Financial Performance - Net profit attributable to shareholders of the listed company was RMB 63,128,803.17, representing a 40.56% increase year-on-year[6]. - Operating revenue for the period was RMB 535,613,676.95, a decrease of 5.07% compared to the same period last year[6]. - The company reported a basic earnings per share of RMB 0.117, unchanged from the previous year[6]. - Total operating revenue for Q3 2017 was CNY 204,365,828.85, an increase of 11.7% compared to CNY 183,375,564.43 in Q3 2016[27]. - Net profit for Q3 2017 reached CNY 31,334,008.12, a significant increase of 180.5% compared to CNY 11,168,451.32 in Q3 2016[30]. - The company reported a total profit of CNY 37,782,056.76 for Q3 2017, compared to CNY 12,227,343.61 in Q3 2016, showing strong growth in profitability[29]. - The company’s total comprehensive income for the third quarter of 2017 was approximately 36.54 million RMB, compared to 18.57 million RMB in the same quarter last year, marking an increase of about 96.9%[35]. Cash Flow - The net cash flow from operating activities was negative at RMB -116,834,414.14, a significant decline of 1969.47% compared to the previous year[6]. - The net cash flow from operating activities for the first nine months of 2017 was negative 116.83 million RMB, compared to a positive 6.25 million RMB in the same period last year[38]. - Net cash flow from operating activities was negative at -$84.34 million, compared to a positive $23.08 million in the previous year, indicating a significant decline in operational cash generation[40]. - Cash flow from operating activities totaled $518.10 million, slightly up from $513.25 million year-over-year, indicating stable operational performance despite the net cash flow decline[40]. Assets and Liabilities - Total assets at the end of the reporting period reached RMB 2,216,596,521.27, an increase of 0.61% compared to the end of the previous year[6]. - The company's current assets totaled CNY 1,537,671,196.17, compared to CNY 1,552,041,674.81 at the beginning of the year, indicating a decrease of approximately 0.9%[19]. - Total liabilities increased from CNY 345,549,425.95 to CNY 359,449,665.75, which is an increase of approximately 4%[21]. - The total liabilities to total assets ratio stands at approximately 16.2%, indicating a stable financial structure[21]. - The total liabilities as of the end of Q3 2017 were CNY 318,308,413.29, an increase from CNY 295,605,039.61 at the end of Q3 2016[25]. Shareholder Information - The total number of shareholders at the end of the reporting period was 16,969[11]. - The top shareholder, Jiangsu Yuyue Technology Development Co., Ltd., held 24.68% of the shares[11]. Operational Efficiency - The company has implemented measures to improve operational efficiency, which have begun to yield results in terms of gross margin growth[13]. - Sales expenses decreased to CNY 32,222,868.24 in Q3 2017 from CNY 44,033,462.26 in Q3 2016, reflecting improved operational efficiency[29]. Investment Activities - The net cash flow from investment activities showed an increase in cash outflow due to the purchase of financial products[15]. - Cash inflow from investment activities was approximately 1.09 billion RMB, while the cash outflow was approximately 1.15 billion RMB, resulting in a net cash outflow of about 51.94 million RMB[38]. - The company reported a significant increase in cash received from investment recoveries, totaling $880 million, compared to $530 million in the previous year[40]. Future Outlook - The company plans to continue expanding its market presence and investing in new product development to drive future growth[27].