Westone(SZ:002268)2017-10-29 16:00Financial Performance - Operating revenue decreased by 4.43% to CNY 468,348,398.21 for the current period compared to the same period last year[7] - Net profit attributable to shareholders decreased by 34.56% to CNY 28,231,027.71 for the current period compared to the same period last year[7] - Basic earnings per share decreased by 36.92% to CNY 0.0393 for the current period compared to the same period last year[7] - Weighted average return on equity decreased by 2.53 percentage points to 0.70% compared to the same period last year[7] - Total operating revenue for the current period is $468.35 million, a decrease of 4.3% from $490.06 million in the previous period[35] - Net profit for the current period is $31.71 million, down 30.9% from $45.98 million in the previous period[36] - The profit attributable to the parent company's shareholders is $28.23 million, a decrease of 34.4% from $43.14 million in the previous period[36] - Total operating revenue for the consolidated entity is $1.03 billion, an increase of 6.8% from $967.10 million in the previous period[42] Assets and Liabilities - Total assets increased by 39.55% to CNY 5,092,995,722.45 compared to the end of the previous year[7] - Net assets attributable to shareholders increased by 170.57% to CNY 4,029,004,586.72 compared to the end of the previous year[7] - Current liabilities decreased significantly to CNY 941,206,162.26 from CNY 2,026,368,599.74, a reduction of approximately 53.6%[28] - Total liabilities decreased to CNY 979,570,908.77 from CNY 2,076,611,993.81, a decrease of approximately 52.8%[28] - Owner's equity rose to CNY 4,113,424,813.68, compared to CNY 1,572,886,772.35, marking an increase of around 161.5%[29] - Long-term investments increased to CNY 3,360,591,014.23 from CNY 696,170,222.36, showing a substantial growth of approximately 382.5%[31] Cash Flow - Net cash flow from operating activities improved by 9.65% to CNY -88,300,701.90 compared to the previous period[7] - The company reported a 97.52% increase in net cash flow from investing activities compared to the same period last year, mainly due to the previous year's payment for the purchase of an office building in Beijing amounting to approximately 579 million RMB[17] - The cash flow from operating activities for Q3 2017 was a net outflow of CNY 488,879,291.24, slightly improved from a net outflow of CNY 499,848,931.03 in Q3 2016[50] - The net cash flow from operating activities for the third quarter was ¥173,147,524.44, a significant improvement compared to the previous year's net cash flow of -¥791,859,659.93[54] - Cash inflow from financing activities reached ¥2,765,881,890.50, significantly higher than the previous year's ¥778,558,160.00, marking an increase of about 255%[54] Shareholder Information - The total number of shareholders at the end of the reporting period was 28,706[11] - The largest shareholder, China Electronics Technology Network Information Security Co., Ltd., holds 37.79% of the shares[11] - The company has not conducted any repurchase transactions among the top 10 shareholders during the reporting period[16] - The total number of preferred shareholders is not applicable for this report[13] Other Financial Metrics - The company reported a total of CNY 20,981,917.03 in non-recurring gains and losses for the current period[9] - Cash and cash equivalents increased by 207.28% compared to the beginning of the year, mainly due to the net fundraising of 2.662 billion RMB from a private placement in March[16] - Accounts receivable grew by 37.79% compared to the beginning of the year, attributed to significant revenue growth in government and party-related business in the third quarter[16] - Intangible assets increased by 67.68% compared to the beginning of the year, due to the completion of certain R&D projects being transferred to intangible assets[16] - The company reported cash outflows from investment activities totaling ¥2,663,250,019.18, compared to only ¥9,327,488.85 in the previous year, reflecting a substantial increase in investment activities[54] - The report for the third quarter was not audited, which may affect the reliability of the financial data presented[55]