KedaTechnology(SH:603660)2017-10-26 16:00Financial Performance - Net profit attributable to shareholders surged by 329.51% to CNY 101,595,098.61 year-to-date[5] - Operating revenue rose by 25.38% to CNY 1,087,934,193.18 for the year-to-date period[5] - Basic earnings per share increased by 329.60% to CNY 0.4064[5] - Total profit increased by 274.45% year-on-year, driven by revenue growth and an increase in the proportion of software products[11] - Net profit increased by 330.32% year-on-year, primarily due to the growth in total profit and a slight decrease in income tax expenses[12] - The company expects a net profit attributable to shareholders to increase by over 30% compared to the same period last year for the year 2017[19] Assets and Liabilities - Total assets increased by 6.95% to CNY 1,610,129,479.07 compared to the end of the previous year[5] - Current liabilities rose to CNY 388,670,069.87 compared to CNY 365,898,448.99, an increase of about 6.5%[25] - Total liabilities reached CNY 391,119,057.32, up from CNY 369,684,891.30, indicating a growth of approximately 5.5%[26] - Owner's equity increased to CNY 1,219,010,421.75 from CNY 1,135,878,079.90, reflecting a growth of around 7.3%[26] - Non-current assets totaled CNY 348,301,908.82, up from CNY 253,063,245.78, indicating a growth of approximately 37.7%[29] Cash Flow - Net cash flow from operating activities improved by 38.17%, reaching CNY -73,750,363.02[5] - Cash inflow from operating activities for the first nine months of 2017 was CNY 1,456,859,981.42, an increase of 40.6% compared to CNY 1,035,156,888.31 in the previous year[37] - Cash outflow from operating activities for the first nine months of 2017 totaled CNY 1,530,610,344.44, up 32.6% from CNY 1,154,430,718.70 year-on-year[37] - The net cash flow from investment activities for the first nine months of 2017 was -CNY 288,607,327.04, worsening from -CNY 36,857,960.13 in the previous year[38] - Cash and cash equivalents decreased significantly to CNY 65,508,455.66 from CNY 361,220,649.39, a decline of approximately 81.9%[28] Shareholder Information - The total number of shareholders reached 13,328 by the end of the reporting period[9] - The top shareholder, Chen Donggen, holds 26.49% of the shares, totaling 66,230,422 shares[9] Inventory and Receivables - Accounts receivable increased by 42.67% compared to the beginning of the reporting period, mainly due to an increase in bank acceptance bills received[10] - Inventory increased by 78.93% compared to the beginning of the reporting period, primarily due to increased stockpiling[10] - Other current assets increased by 144.04% compared to the beginning of the reporting period, mainly due to an increase in the balance of purchased financial products[10] - Prepayments increased by 92.51% compared to the beginning of the reporting period, primarily due to increased stockpiling and prepayments[10] Operational Performance - Total operating revenue for the first three quarters of 2017 reached ¥1,087,934,193.18, a 25.3% increase compared to ¥867,736,481.72 in the same period last year[32] - Operating profit for Q3 2017 was ¥27,690,907.76, significantly up from ¥4,409,573.69 in Q3 2016, indicating a strong performance improvement[32] - The company reported a gross profit margin of approximately 63.5% for the first three quarters of 2017, up from 62.5% in the previous year[32] - Sales expenses for the first three quarters of 2017 totaled ¥283,089,251.66, an increase of 22.1% from ¥232,039,286.01 in the same period last year[32] Investment Activities - The company invested RMB 10 million in Shanghai Canda Information Technology Co., Ltd., acquiring a 20% equity stake[14] - The company received 956,050,000.00 CNY from investment recoveries, a substantial increase from 10,007,846.58 CNY in the previous year[40] - The company invested 1,178,050,000.00 CNY in various projects, a significant increase from 1,180,000.00 CNY in the same quarter last year[40]