纵横通信(603602) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months was ¥364,839,230.17, representing a year-on-year growth of 7.18%[5] - Net profit attributable to shareholders decreased by 13.63% to ¥24,546,768.66 compared to the same period last year[5] - The weighted average return on net assets fell by 4.08 percentage points to 3.79%[5] - Basic earnings per share dropped by 33.33% to ¥0.22[5] - The company reported a net cash flow from operating activities of -¥140,325,367.14 for the first nine months, indicating a decline in cash generation[5] - Total revenue for Q3 2018 was CNY 94,944,759.56, an increase of 6.0% compared to CNY 88,905,225.67 in Q3 2017[24] - Net profit for Q3 2018 was CNY 1,699,151.20, a decrease of 43.4% from CNY 2,998,612.03 in Q3 2017[25] - The net profit attributable to the parent company for Q3 2018 was CNY 1,644,469.39, a decrease from CNY 3,334,608.00 in the same period last year, representing a decline of approximately 50.7%[26] - The net profit for the first nine months of 2018 was CNY 25,113,450.04, a decrease of 10% compared to CNY 27,872,673.59 in the previous year[28] Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,019,279,449.28, a slight increase of 0.04% compared to the end of the previous year[5] - Total assets as of September 30, 2018, were CNY 999,653,196.48, down from CNY 1,009,910,731.89 at the beginning of the year[22] - Total liabilities as of September 30, 2018, were CNY 348,900,850.80, a decrease of 6.3% from CNY 372,271,836.25 at the beginning of the year[22] - Cash and cash equivalents decreased to CNY 282,252,176.49 from CNY 328,817,177.76 at the beginning of the year, representing a decline of 14.2%[20] - Accounts receivable and notes increased by 45.37% to ¥258,439,146.07, attributed to business expansion and payment characteristics of telecom operators[10] - Other receivables increased by 31.67% to ¥38,445,092.07 from ¥29,196,974.46[11] Cash Flow - Operating cash inflow for the first nine months reached ¥324,982,253.81, an increase from ¥270,286,784.98 in the previous year, representing a growth of approximately 20.2%[31] - Net cash flow from operating activities was -¥140,325,367.14, slightly worse than -¥130,909,814.80 in the same period last year[31] - Investment cash inflow totaled ¥454,469,544.73, significantly higher than ¥47,004.71 in the previous year, indicating a substantial increase in investment activities[32] - Net cash flow from investment activities was ¥33,405,289.60, recovering from a negative cash flow of -¥152,883,412.79 in the previous year[32] - Financing cash inflow amounted to ¥40,000,000.00, down from ¥330,864,150.94 in the previous year, reflecting a decrease in financing activities[32] - Net cash flow from financing activities was ¥27,572,938.31, a decrease compared to ¥205,160,230.96 in the same period last year[32] - The ending cash and cash equivalents balance was ¥231,164,475.63, down from ¥157,357,598.79 in the previous year[32] - Total cash outflow from operating activities was ¥465,307,620.95, compared to ¥401,196,599.78 in the previous year, indicating increased operational expenses[31] - Cash outflow from investment activities reached ¥421,064,255.13, significantly higher than ¥152,930,417.50 in the previous year, suggesting aggressive investment strategies[32] - The company reported a net decrease in cash and cash equivalents of -¥79,347,139.23, compared to -¥78,632,996.63 in the previous year[32] Research and Development - R&D expenses increased by 48.85% to ¥17,822,438.29 compared to ¥11,973,181.54 in the same period last year[11] - Research and development expenses for the first nine months of 2018 were CNY 17,822,438.29, up from CNY 11,973,181.54 in the same period last year, indicating a year-over-year increase of 48.9%[25] - Research and development expenses for Q3 2018 amounted to CNY 5,730,846.77, significantly higher than CNY 1,996,573.50 in Q3 2017, reflecting an increase of 187.5%[27] Other Income and Expenses - Non-recurring gains and losses amounted to ¥5,930,961.40, primarily from financial product investment income[5] - Other income rose by 578.06% to ¥3,027,879.08, mainly driven by increased fiscal subsidies[11] - The company’s paid taxes increased by 33.78% to ¥33,681,093.80, mainly due to prepayment of value-added tax[12] - The company recorded an investment income of CNY 1,655,494.05 in Q3 2018, compared to CNY 322,808.22 in the same period last year, marking a substantial increase of 413.5%[27] - The company reported a financial expense of CNY 239,850.06 in Q3 2018, compared to a financial income of CNY -159,030.04 in Q3 2017, indicating a significant shift in financial performance[27] Capital and Equity - The company’s capital stock increased by 40.00% to ¥112,000,000.00 from ¥80,000,000.00 due to capital reserve conversion[11] - The total number of shareholders reached 20,742 at the end of the reporting period[8]