Wondertek(SH:603189)2016-10-28 16:00Financial Performance - Operating revenue for the first nine months reached CNY 128,987,766.24, a growth of 38.44% year-on-year[6] - Net profit attributable to shareholders for the first nine months was CNY 19,965,066.19, up 17.44% year-on-year[6] - Net profit attributable to shareholders after deducting non-recurring gains and losses increased by 26.93% to CNY 18,701,967.52[6] - Basic earnings per share rose by 20.00% to CNY 0.12[6] - Operating revenue increased by 38.44% in September 2016 compared to the same month last year, driven by growth in software business revenue[13] - Operating costs increased by 86.58% in September 2016 compared to the same month last year, corresponding to the rise in operating revenue[13] - Total revenue for the first nine months reached ¥128,987,766.24, up 38.6% from ¥93,173,084.45 in the same period last year[34] - Net profit for the first nine months was ¥19,965,066.19, an increase of 17.3% compared to ¥17,000,042.60 in the previous year[35] - Operating profit for the third quarter was ¥5,036,637.20, compared to ¥1,397,259.04 in the same quarter last year, marking a growth of 260.5%[34] - Operating profit for the first nine months of 2016 was ¥4,964,109.89, down 88.0% from ¥41,666,202.84 in the same period last year[37] Assets and Liabilities - Total assets increased by 90.39% to CNY 770,514,897.14 compared to the end of the previous year[6] - Net assets attributable to shareholders increased by 160.02% to CNY 733,486,547.52 compared to the end of the previous year[6] - As of September 30, 2016, cash and cash equivalents increased by 92.07% compared to December 31, 2015, primarily due to the company's initial public offering (IPO) raising 384 million yuan[11] - Current assets rose to ¥643,070,420.65, a significant increase of 96.1% from ¥327,474,567.92 at the beginning of the year[30] - Total liabilities decreased to RMB 37,028,349.62 from RMB 66,348,377.97, a reduction of approximately 44.2%[28] - Total liabilities increased to ¥104,309,408.90 from ¥83,660,052.36, reflecting a growth of 24.5%[31] - Owner's equity surged to ¥662,746,006.91, up 137.5% from ¥279,732,073.41 at the beginning of the year[31] Cash Flow - The company reported a net cash flow from operating activities of CNY -47,084,199.45, a slight improvement of 1.41% year-on-year[6] - Cash received from sales of goods and services increased by 33.19% in September 2016 compared to the same month last year, reflecting the growth in operating revenue[14] - Cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets increased by 536.61% in September 2016 compared to the same month last year, due to the purchase of office buildings[14] - Cash flow from operating activities for the first nine months of 2016 was negative at -¥47,084,199.45, slightly improved from -¥47,758,058.41 in the same period last year[41] - The company received cash from operating activities totaling ¥107,658,497.75 in the first nine months of 2016, compared to ¥84,734,786.97 in the same period last year[41] - Cash inflow from financing activities amounted to ¥384,552,000.00, with a net cash flow of ¥381,082,200.00 after accounting for outflows, compared to a net outflow of -¥41,686,000.00 last year[45] Shareholder Information - The total number of shareholders reached 46,791 by the end of the reporting period[10] - The top shareholder, Jiang Hongye, holds 43.21% of the shares, totaling 95,400,000 shares[10] Inventory and Prepayments - Prepayments increased by 25,884.68% as of September 30, 2016, compared to December 31, 2015, due to an increase in prepaid business payments[12] - Inventory rose by 289.28% as of September 30, 2016, compared to December 31, 2015, due to ongoing projects not yet reaching revenue recognition[12] - Inventory levels rose significantly to RMB 28,509,468.66, compared to RMB 7,323,705.21 at the beginning of the year, marking an increase of about 289.5%[27][28] Corporate Governance - The company has committed to avoiding any activities that may lead to competition with its existing and future business operations, ensuring compliance with relevant regulations[22][24] - The company has pledged to minimize related party transactions and ensure that any unavoidable transactions are conducted at fair market prices[23][24] - The company anticipates that its cumulative net profit for the year will not experience significant fluctuations compared to the previous year[24] - The company is actively pursuing strategies to expand its market presence and enhance its product offerings through ongoing research and development initiatives[24] - The company has plans for market expansion and new product development, aiming to leverage its increased financial strength for future growth[35]