长盈精密(300115) - 2017 Q3 - 季度财报

Financial Performance - Operating revenue for the current period reached CNY 2,257,744,716.08, a 53.92% increase year-on-year[8] - Net profit attributable to shareholders for the current period was CNY 187,045,863.29, up 17.78% year-on-year[8] - Basic earnings per share for the current period was CNY 0.21, reflecting a 16.67% increase compared to the same period last year[8] - Total operating revenue for Q3 2017 reached CNY 2,257,744,716.08, a significant increase of 54% compared to CNY 1,466,817,157.58 in the same period last year[42] - The net profit for the third quarter of 2017 reached CNY 182,396,622.55, representing a year-on-year increase of 11.3% from CNY 163,354,595.16[44] - The company's total comprehensive income for the third quarter was CNY 182,633,675.58, up from CNY 163,364,646.48 in the same quarter last year, reflecting a growth of 11.8%[44] - Basic and diluted earnings per share for the third quarter were both CNY 0.21, an increase from CNY 0.18 in the previous year[44] Assets and Liabilities - Total assets increased by 19.13% to CNY 9,747,642,299.55 compared to the end of the previous year[8] - The company's total assets as of the end of Q3 2017 amounted to CNY 6,687,371,413.81, compared to CNY 5,396,628,122.45 at the beginning of the year, indicating a growth of about 24%[39] - The total liabilities increased to CNY 5,152,633,734.65 from CNY 3,991,924,787.56, representing a rise of approximately 29%[37] - The company reported a total current liabilities of RMB 4.57 billion, compared to RMB 3.63 billion at the beginning of the period, reflecting an increase of about 25.9%[35] Cash Flow - The net cash flow from operating activities decreased by 76.44% to CNY 206,054,726.54 year-to-date[8] - Net cash flow from operating activities decreased by CNY 668.55 million, a decline of 76.44% year-on-year, mainly due to increased cash payments for goods[19] - Operating cash flow net amount was ¥206,054,726.54, a decrease of 76.5% compared to ¥874,604,690.34 in the previous period[56] - Cash inflow from financing activities totaled $1,779,301,028.97, significantly higher than $748,191,980.59 in the prior period, marking an increase of about 137.5%[60] - The cash and cash equivalents at the end of the period amounted to $856,573,854.58, up from $612,635,998.60 in the previous period, reflecting an increase of approximately 39.9%[60] Shareholder Information - The company had a total of 14,595 common shareholders at the end of the reporting period[11] - The largest shareholder, Xinjiang Changying Yuefu Equity Investment Co., Ltd., held 42.73% of the shares[11] - No significant changes in the number of restricted shares were reported during the period[12] Investments and Joint Ventures - The company established a joint venture with Yaskawa Electric Corporation, with a total investment of CNY 100 million, where the company holds a 65% stake[20] - The company signed agreements to establish three joint ventures with Sanhuan Group, with registered capital of CNY 300 million, CNY 160 million, and CNY 200 million respectively[22] - The company terminated its joint investment with Sanhuan Group and others, authorizing management to handle the cancellation and registration procedures for the joint venture[23] - The company acquired 40% equity in Suzhou Kolunet Power Technology Co., Ltd. for a consideration of RMB 112 million, increasing its total stake to 70%[23] Expenses and Costs - Operating costs rose by CNY 1.51 billion, an increase of 51.14% year-on-year, also attributed to the expanded sales scale[18] - The company’s management expenses increased by CNY 190.40 million, a growth of 35.03%, mainly due to increased R&D investment and other expenses[19] - The total operating costs for Q3 2017 were CNY 2,103,886,726.42, up from CNY 1,292,912,155.51, reflecting a year-over-year increase of approximately 63%[42] - Financial expenses rose significantly to ¥54,172,981.84 from ¥12,566,457.65, indicating an increase of 331.5%[52] Market Strategy - The company is focusing on expanding its market presence and investing in new technologies to drive future growth[40] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[44]