中航电测(300114) - 2017 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥315,689,394.91, representing a year-on-year growth of 30.34%[8] - Net profit attributable to shareholders was ¥32,163,159.93, reflecting a significant increase of 36.06% compared to the same period last year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥31,665,413.50, up 59.67% year-on-year[8] - Basic earnings per share for the reporting period were ¥0.0544, a 36.00% increase compared to the same period last year[8] - The weighted average return on equity was 2.29%, an increase of 0.51% compared to the previous year[8] - Total operating revenue for Q3 2017 was CNY 315,689,394.91, an increase of 30.4% compared to CNY 242,198,052.57 in the same period last year[41] - Net profit for Q3 2017 reached CNY 40,206,592.25, representing a 40.5% increase from CNY 28,685,401.16 in Q3 2016[42] - The net profit attributable to shareholders of the parent company was CNY 32,163,159.93, up 36.2% from CNY 23,638,703.92 in the previous year[42] - Earnings per share for Q3 2017 were CNY 0.0544, compared to CNY 0.0400 in the same quarter last year, reflecting a 36% increase[43] Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,123,022,867.81, an increase of 9.75% compared to the end of the previous year[8] - Current assets totaled CNY 1,451,055,909.72, up from CNY 1,259,841,300.28, indicating an increase of about 15.2%[33] - Total liabilities were reported at CNY 593,448,530.83, compared to CNY 490,754,107.29 at the beginning of the period, showing an increase of approximately 20.9%[35] - The company's equity attributable to shareholders reached CNY 1,422,697,258.63, up from CNY 1,339,325,681.47, reflecting a growth of about 6.2%[36] - Total assets as of Q3 2017 amounted to CNY 1,428,143,249.04, an increase from CNY 1,380,467,000.64 at the end of the previous year[39] - Total liabilities decreased to CNY 211,871,964.00 from CNY 249,190,084.20 in the previous year, indicating a reduction of approximately 15%[39] - The company's equity increased to CNY 1,216,271,285.04, up from CNY 1,131,276,916.44, marking a growth of 7.5%[39] Cash Flow - The company reported a net cash flow from operating activities of -¥4,652,753.85, a decrease of 107.45% compared to the previous year[8] - The net cash flow from operating activities was negative CNY 4.65 million, a significant decline from CNY 62.42 million in the same period last year[58] - The cash and cash equivalents at the end of the period totaled CNY 486.22 million, down from CNY 398.49 million year-on-year, indicating a decrease of 18.5%[58] - The company reported a cash outflow from investment activities of CNY 32.37 million, compared to CNY 47.78 million in the previous year, showing a decrease of 32.1%[58] - The cash flow from financing activities resulted in a net outflow of CNY 27.67 million, compared to a net outflow of CNY 24.36 million in the same period last year[60] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,396[10] - The largest shareholder, Hanzhong Aviation Industry Group Co., Ltd., holds 51.77% of the shares[11] - The company’s share capital increased by 50% compared to the beginning of the year due to a capital reserve conversion plan[19] - The company's cash dividend policy was executed in accordance with its articles of association, with no adjustments made during the reporting period[27] Receivables and Payables - Accounts receivable increased by 70.38% compared to the beginning of the year, primarily due to rapid revenue growth and longer delivery times for military products[18] - Prepayments increased by 93.38% compared to the beginning of the year, driven by the expansion of sales scale and increased advance payments for materials and construction[18] - Interest receivables surged by 2762.85% compared to the beginning of the year, attributed to improved fund management and increased interest from deposits[18] - Other receivables rose by 183.45% compared to the beginning of the year, mainly due to an increase in employee advance loans[18] - Long-term deferred expenses increased by 264.83% compared to the beginning of the year, due to payments for renovation projects by a wholly-owned subsidiary[18] - Accounts payable increased by 43.58% compared to the beginning of the year, reflecting increased raw material procurement and outsourcing[19] Expenses and Impairments - Financial expenses decreased by 43.49% year-on-year, attributed to enhanced fund management and increased interest income[20] - Asset impairment losses increased by 44.87% year-on-year, due to higher accounts receivable and increased bad debt provisions[20] - Cash paid for purchasing goods and services increased by 42.18% year-on-year, driven by expanded sales scale[20] - The company reported an asset impairment loss of CNY 761.35 thousand, significantly higher than CNY 150.92 thousand in the same period last year[46] - Management expenses increased to CNY 108.55 million, compared to CNY 93.90 million in the previous year, reflecting a rise of 15.6%[49] - The company experienced an increase in sales expenses, which rose to CNY 74.01 million from CNY 59.71 million, marking a 24.0% increase[49] Other Information - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[29] - There were no warnings regarding potential losses or significant changes in net profit compared to the same period last year[28] - The report was not audited, indicating that the figures may be subject to change upon final review[61]