Wondertek(SH:603189)2017-10-25 16:00Financial Performance - Operating revenue for the first nine months rose by 1.77% to CNY 131,271,740.53 compared to the same period last year[6] - Net profit attributable to shareholders increased by 1.74% to CNY 20,312,859.37 compared to the same period last year[6] - The net profit excluding non-recurring gains and losses decreased by 4.10% to CNY 17,934,643.34 compared to the same period last year[6] - Total operating revenue for Q3 2017 was ¥47,680,501.47, an increase of 12.7% compared to ¥42,528,816.05 in Q3 2016[28] - Net profit for Q3 2017 reached ¥8,378,300.76, representing a significant increase of 74.5% compared to ¥4,819,102.87 in Q3 2016[29] - The company reported a total profit of ¥10,303,573.58 for Q3 2017, up from ¥4,985,015.87 in Q3 2016, marking a year-over-year increase of 106.5%[29] - The total comprehensive income for Q3 2017 was ¥8,378,300.77, compared to ¥4,819,102.87 in Q3 2016, reflecting a growth of 74.5%[29] - The operating profit for the first nine months was ¥22,943,798.20, compared to ¥4,964,109.89 in the same period last year, reflecting a year-over-year increase of 362.5%[31] Assets and Liabilities - Total assets increased by 7.59% to CNY 828,974,675.01 compared to the end of the previous year[6] - The company's total assets at the end of the reporting period increased by 43.94% compared to the beginning of the period, reaching RMB 23,922,113.48[13] - Current assets totaled 673,334,828.83 RMB, down from 706,127,482.17 RMB at the start of the year[18] - Total liabilities decreased to 41,007,638.82 RMB from 52,506,853.60 RMB, showing a reduction of approximately 22.00%[20] - Total liabilities as of Q3 2017 amounted to ¥84,573,977.47, an increase from ¥79,471,039.72 in the previous year[28] - The company's equity attributable to shareholders was 787,967,036.19 RMB, slightly down from 789,700,140.56 RMB at the beginning of the year[20] Cash Flow - Net cash flow from operating activities improved by 45.65%, reaching CNY -26,556,103.30 for the first nine months[6] - The net cash flow from operating activities for Q3 2017 was -26,556,103.30 RMB, a decrease of 43.60% compared to the same period last year[15] - The net cash flow from investing activities was -193,349,948.00 RMB, an increase of 112.34% year-over-year, primarily due to the purchase of structural deposits[15] - The net cash flow from financing activities was -29,999,154.78 RMB, a decrease of 107.87% compared to the previous year, attributed to dividend payments to shareholders[15] - The cash flow from operating activities showed a net outflow of ¥26,556,103.30 for the first nine months, an improvement from a net outflow of ¥47,084,199.45 in the previous year[35] - The company reported cash inflows from investment activities of ¥155,000,000.00, while cash outflows for investments totaled ¥348,349,948.00, resulting in a net cash outflow of ¥193,349,948.00[36] Shareholder Information - The total number of shareholders reached 25,811 by the end of the reporting period[10] - The largest shareholder, Jiang Hongye, holds 43.21% of the shares, totaling 95,400,000 shares[10] Expenses - Sales expenses rose by 46.07% year-on-year to RMB 9,247,270.11, driven by the expansion of the national sales network and increased sales channel construction[14] - Management expenses increased by 40.28% to RMB 43,893,440.92, attributed to a significant rise in employee numbers to support business operations[14] - Financial expenses saw a dramatic increase of 514.18%, resulting in a loss of RMB -9,259,263.79, due to a substantial rise in interest income from bank deposits following the public offering[14] - The company incurred sales expenses of ¥3,583,544.58 in Q3, up from ¥2,240,203.53 in the same period last year, reflecting a rise of 60.0%[31] Research and Development - The company has made significant investments in research and development, indicating a commitment to innovation and market expansion[12] - Fixed assets increased by 43.94% compared to the beginning of the period, reflecting the company's enhanced investment in research and development[13] - Development expenditures surged by 148.86% to RMB 20,007,065.17, indicating a strong focus on product development projects[13]