WLCSP(SH:603005)2018-10-26 16:00Financial Performance - Operating revenue for the first nine months was CNY 425,442,580.86, representing a decrease of 6.21% year-on-year[6] - Net profit attributable to shareholders for the first nine months was CNY 30,403,526.44, down 52.99% from the previous year[6] - Basic earnings per share for the reporting period was CNY 0.13, a decline of 55.17% compared to CNY 0.29 in the previous year[6] - The weighted average return on equity decreased to 1.68%, down 2.09 percentage points from 3.77% in the previous year[6] - The company reported a net profit of CNY 4,111,025.48 for Q3 2018, down from CNY 10,632,572.46 in Q3 2017, reflecting a decline of approximately 61.4%[25] - The net profit for Q3 2018 was CNY 7.32 million, compared to CNY 13.32 million in Q3 2017, indicating a decrease of about 45.0%[30] - The gross profit margin for Q3 2018 was approximately 24.5%, down from 30.5% in Q3 2017, indicating a decline in profitability[29] - The total comprehensive income for Q3 2018 was CNY 7.32 million, compared to CNY 12.83 million in Q3 2017, a decrease of about 42.0%[31] Cash Flow and Liquidity - Cash flow from operating activities for the first nine months was CNY 67,368,366.86, a significant decrease of 58.35% compared to CNY 161,736,544.69 in the previous year[6] - The net cash flow from operating activities decreased by 58.35%, amounting to CNY 67,368,366.86 compared to CNY 161,736,544.69 in the previous year[15] - Operating cash inflow for the first nine months of 2018 was CNY 471,384,445.59, a decrease of 7.8% compared to CNY 511,288,885.92 in the same period last year[33] - Net cash flow from investment activities for the first nine months of 2018 was -CNY 92,716,060.28, compared to -CNY 86,710,799.79 in the same period last year[37] - Cash and cash equivalents at the end of Q3 2018 were CNY 684,968,491.01, slightly down from CNY 686,508,929.19 at the beginning of the year[22] - The net increase in cash and cash equivalents for Q3 2018 was -CNY 1,540,438.18, contrasting with a net increase of CNY 150,502,208.08 in Q3 2017[37] Shareholder Information - The total number of shareholders at the end of the reporting period was 23,802[9] - The largest shareholder, Suzhou Industrial Park Chuangye Investment Co., Ltd., held 55,048,276 shares, accounting for 23.50% of the total shares[9] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 2,116,846,927.83, a slight increase of 0.08% compared to the end of the previous year[6] - The company's total assets as of September 30, 2018, were CNY 2,148,542,739.85, slightly up from CNY 2,144,022,124.79 at the beginning of the year[23] - Total liabilities decreased to CNY 265,353,723.54 from CNY 322,919,541.72 at the start of the year, a reduction of about 17.9%[23] - The company's equity attributable to shareholders increased to CNY 1,883,189,016.31 from CNY 1,821,102,583.07, marking an increase of approximately 3.4%[23] Operating Costs and Expenses - The company reported a 10.96% increase in operating costs, totaling CNY 309,461,051.29, attributed to higher production inputs for new products and processes[15] - Total operating costs for Q3 2018 were CNY 143,179,368.99, compared to CNY 139,752,165.32 in Q3 2017, indicating an increase of about 2.9%[25] - Research and development expenses for the first nine months of 2018 amounted to CNY 80,416,081.34, up from CNY 66,288,762.38 in the previous year, reflecting a growth of approximately 21.5%[25] - Research and development expenses increased to CNY 31.36 million in Q3 2018, up from CNY 18.58 million in Q3 2017, reflecting a growth of approximately 69.0%[30] Other Financial Metrics - The company received government subsidies amounting to CNY 4,111,025.48 during the reporting period[7] - Non-recurring gains and losses totaled CNY 2,851,543.14 for the reporting period[8] - Deferred income tax assets decreased by 37.93%, amounting to CNY 9,371,841.40, due to a reduction in deductible equity incentive expenses[12] - The company's financial expenses showed a significant decrease of 1066.60%, resulting in a net financial expense of CNY -24,430,025.15[15] - The company received CNY 150,000,000.00 from investment recovery in the first nine months of 2018, down from CNY 195,000,000.00 in the same period last year[36]