Chitwing(SZ:002855)2017-10-22 16:00Financial Performance - Operating revenue for the reporting period was ¥416,998,986.68, representing a growth of 4.79% compared to the same period last year[8]. - Net profit attributable to shareholders of the listed company was ¥7,702,428.31, a decrease of 48.80% year-on-year[8]. - Basic earnings per share were ¥0.03, down 62.50% compared to the same period last year[8]. - The estimated net profit attributable to shareholders for 2017 is projected to range from 43.31 million to 72.19 million RMB, representing a decrease of 0% to 40% compared to 2016[30]. - The decline in net profit is attributed to the transition phase of customer product changes, leading to a decrease in revenue[30]. Assets and Shareholder Information - Total assets at the end of the reporting period reached ¥1,840,222,825.15, an increase of 11.99% compared to the previous year[8]. - Net assets attributable to shareholders of the listed company amounted to ¥1,178,020,034.46, reflecting a significant increase of 46.43% year-on-year[8]. - The total number of shareholders at the end of the reporting period was 34,475[12]. - The top shareholder, Jie Rong Technology Group Co., Ltd., holds 52.50% of the shares, totaling 126,000,000 shares[12]. Cash Flow and Financial Activities - The net cash flow from operating activities was ¥42,995,030.25, a substantial increase of 151.91% compared to the previous year[8]. - Net cash flow from financing activities increased by 6,147.69% compared to the same period last year, mainly due to the receipt of raised funds[19]. - Net cash flow from operating activities decreased by 274.57% compared to the same period last year, mainly due to a large positive cash flow from a major customer in the previous year[19]. Expenses and Financial Ratios - Sales expenses increased by 31.27% compared to the same period last year, mainly due to increased market development expenses[17]. - Financial expenses increased by 554.17% compared to the same period last year, primarily due to significant exchange losses caused by exchange rate fluctuations[17]. - Asset impairment losses increased by 294.73% compared to the same period last year, mainly due to significant changes in accounts receivable[17]. - The weighted average return on net assets was 0.66%, down 1.29% year-on-year[8]. - Return on equity for the first nine months of 2017 was 3.29%, a decrease of 2.99% compared to the same period last year[21]. Government Subsidies and Commitments - The company received government subsidies totaling ¥5,763,656.00 during the reporting period, which is a decrease of 6.32% compared to the same period last year[10]. - The company has no overdue commitments from actual controllers, shareholders, or related parties during the reporting period[29]. - There are no violations regarding external guarantees during the reporting period[32]. - The company has not engaged in non-operating fund occupation by controlling shareholders or related parties[33]. Future Plans and Investigations - The company plans to establish a wholly-owned subsidiary to acquire land use rights for the "Jierong Handheld Terminal Technology Industrial Park" project in Chongqing[27]. - The company held an on-site investigation on September 7, 2017, with institutional investors[34].