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奋达科技(002681) - 2015 Q3 - 季度财报
Fenda TechFenda Tech(SZ:002681)2015-10-26 16:00

Financial Performance - Total assets increased by 119.05% year-on-year, reaching CNY 3,046,280,581.51[8] - Net profit attributable to shareholders rose by 82.08% year-on-year, amounting to CNY 96,086,618.31 for the quarter[8] - Operating revenue for the quarter was CNY 519,894,832.50, reflecting a 27.50% increase compared to the same period last year[8] - The company reported a net profit of CNY 197,365,785.17 for the year-to-date period, an increase of 81.25% compared to the previous year[8] - Basic earnings per share increased by 70.65% to CNY 0.1669 for the quarter[8] - The weighted average return on equity improved to 4.11%, compared to -0.86% in the previous year[8] - The estimated net profit attributable to shareholders for 2015 is expected to increase by 80.00% to 120.00%, ranging from 261.76 million to 319.93 million CNY[28] - The net profit for 2014 attributable to shareholders was 145.42 million CNY[28] - The growth in performance is attributed to stable growth in the company's main business and the consolidation of Openda Technology (Shenzhen) Co., Ltd. into the financial statements since February 2015[28] Cash Flow and Investments - The net cash flow from operating activities for the year-to-date period was CNY 173,525,335.46, up 136.88% year-on-year[8] - The net cash flow from operating activities surged by 136.88% to ¥173,525,335.46, attributed to improved collection of accounts receivable and revenue growth[17] - The net cash flow from investing activities was negative at -¥567,239,494.10, mainly due to cash payments for the acquisition of Openda's equity[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 29,053[12] - The largest shareholder, Xiao Fen, holds 44.95% of the shares, amounting to 277,610,870 shares, with a portion pledged[12] Revenue and Costs - The company's revenue for the current period reached ¥1,228,090,034.95, a 54.55% increase compared to ¥794,644,122.34 in the same period last year, primarily due to the acquisition of Openda and increased sales in health appliances[17] - Operating costs increased by 46.55% to ¥885,054,828.13, driven by the rise in revenue[17] - Management expenses rose by 89.70% to ¥112,396,450.74, mainly due to expanded consolidation scope and increased R&D expenses for new technologies and products[17] Accounts Receivable and Inventory - The company reported a significant increase in accounts receivable, which rose by 117% to ¥455,605,605.38, due to the acquisition of Openda and overall revenue growth[17] - Inventory increased by 103% to ¥237,262,807.81, primarily due to the consolidation of Openda's inventory[17] Acquisition and Goodwill - The goodwill from the acquisition of Openda amounted to ¥904,391,604.67, reflecting the premium paid for the acquisition[18] - The company raised funds through a directed issuance of shares, resulting in a 283% increase in capital reserves to ¥1,121,966,458.01[18] Commitments and Compliance - The company reported a commitment to minimize and regulate related transactions with its controlled subsidiaries and affiliates, ensuring compliance with market principles and legal regulations[22] - The company guarantees to fully bear any losses incurred by related parties due to violations of commitments made during the transaction process[23] - The company will unconditionally assume all losses resulting from the inability to continue normal leasing of properties due to legal issues with the rental contracts[24] - The company will ensure that it compensates for any tax obligations arising from tax incentives enjoyed prior to the transaction, including corporate income tax[25] - The company commits to distributing no less than 25% of the available profit as cash dividends to shareholders after reserving statutory and surplus reserves[26] - The company will not transfer or delegate management of its shares during the lock-up period, which lasts from June 18, 2015, to June 18, 2016[26] - The company will bear all responsibilities for any penalties or losses related to social insurance fees for employees as required by relevant authorities[26] - The company has committed to ensuring that its subsidiaries do not engage in any business that competes with its core operations[25] - The company will continue to strictly adhere to its commitments regarding the management and transfer of shares held by its executives[25] - The company emphasizes the importance of maintaining transparency and fairness in all related transactions to protect its interests[22]