奥维通信(002231) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the current period was ¥47,659,608.01, a decrease of 60.24% year-on-year[6] - Net profit attributable to shareholders was -¥5,704,218.54, a decline of 162.28% compared to the same period last year[6] - The company’s weighted average return on equity was -0.84%, reflecting a decrease of 2.18% compared to the previous year[6] - The net profit attributable to shareholders for 2018 is expected to be between 0 and 5 million CNY, indicating a decrease of 100.00% to 47.68% compared to the previous year[23] - The net profit for 2017 was 9.5562 million CNY, highlighting a significant decline in performance due to intense market competition[23] - The company anticipates a decrease in revenue for 2018 as a result of the competitive market environment[23] Cash Flow and Assets - Total assets decreased by 12.41% to ¥872,085,580.67 compared to the end of the previous year[6] - Cash flow from operating activities showed a net outflow of -¥545,045.09, an increase of 97.96% year-on-year[6] - The company’s cash and cash equivalents increased by 26.24% year-on-year, primarily due to improved cash flow from operating activities[16] - The company reported a 107.95% increase in net cash flow from operating activities year-on-year, driven by higher cash receipts from sales[15] Accounts and Inventory Management - Accounts receivable decreased by 37.63% compared to the beginning of the year, indicating improved collection of sales proceeds[14] - Inventory increased by 21.47% compared to the beginning of the year, attributed to ongoing project settlements and unsold goods[14] Research and Development - Research and development expenses decreased by 34.40% year-on-year, reflecting reduced investment in R&D projects[15]