Ultrapower(SZ:300002)2018-10-29 16:00Financial Performance - Operating revenue for the reporting period was CNY 378,962,804.65, a decline of 14.09% year-on-year[6] - Net profit attributable to shareholders was CNY -17,552,642.14, a decrease of 66.23% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -18,160,018.25, down 68.87% year-on-year[6] - Basic earnings per share were CNY -0.0090, a decrease of 66.04% compared to the same period last year[6] - The weighted average return on net assets was -0.35%, a decrease of 0.69% compared to the previous year[6] - The company reported a total comprehensive loss of CNY 19,607,627.59, an improvement from a loss of CNY 58,638,816.98 in Q3 2017[42] - Net loss for Q3 2018 was CNY 21,747,854.86, compared to a net loss of CNY 61,071,113.42 in Q3 2017, indicating an improvement of 64.4%[41] - The company reported a total comprehensive loss attributable to shareholders of CNY 149,084,871.38, compared to a loss of CNY 39,823,846.01 in the previous year[49] Assets and Liabilities - Total assets decreased by 6.48% to CNY 6,475,998,365.01 compared to the end of the previous year[6] - Current assets totaled CNY 2,251,124,826.24, down from CNY 2,785,096,913.03 at the start of the period, indicating a reduction of approximately 19.2%[32] - Total liabilities decreased to CNY 1,496,275,735.91 from CNY 1,784,651,271.18, indicating a decline of about 16.1%[34] - The company's total assets amounted to CNY 6,068,001,347.63, a slight increase from CNY 6,014,520,008.39 year-over-year[38] - Total liabilities rose to CNY 2,609,202,035.76 from CNY 2,395,823,500.35, representing an increase of 8.9%[38] - The total equity of the company decreased to CNY 3,458,799,311.87 from CNY 3,618,696,508.04, a decline of 4.4%[38] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY -20,267,348.04, a decline of 109.07%[6] - Cash received from operating activities decreased by 50.37% to CNY 1,348,267,213.30, attributed to a strategic contraction in the system integration business[19] - Operating cash flow generated a net outflow of ¥20,267,348.04, a decrease from a net inflow of ¥223,430,713.12 in the previous year[56] - Cash inflow from operating activities totaled ¥1,498,004,249.49, slightly up from ¥1,446,693,975.13 in the previous year[59] - Cash outflow from operating activities was ¥1,181,420,602.29, compared to ¥1,203,834,493.38 in the same period last year[59] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 57,313[10] - The top ten shareholders held a combined 56.26% of the shares, with the largest shareholder holding 13.17%[10] Research and Development - Research and development expenses rose by 51.41% to CNY 72,612,379.33, reflecting increased investment in R&D[19] - Research and development expenses increased to CNY 33,787,799.62, up 108.9% from CNY 16,204,279.96 in the previous year[40] - Research and development expenses increased to CNY 72,612,379.33, up from CNY 47,956,092.83, reflecting a focus on innovation[47] Non-Recurring Items - Non-recurring gains and losses totaled CNY 12,007,269.46 for the year-to-date[7] Future Plans - The company plans to establish a wholly-owned subsidiary with a registered capital of CNY 10 million for project development in Beijing[21] - The company aims for a significant increase in net profit for 2018 compared to 2017, based on historical data and project progress[26] Compliance and Governance - The company reported no instances of non-compliance regarding external guarantees during the reporting period[27] - There were no non-operational fund occupations by controlling shareholders or related parties during the reporting period[28] Market Conditions - The company emphasizes the importance of risk awareness regarding potential changes in market conditions and project outcomes[26]