经纬辉开(300120) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥539,866,030.60, representing a significant increase of 313.84% year-on-year[9]. - Net profit attributable to shareholders was ¥40,122,285.17, a remarkable increase of 2,646.81% compared to the same period last year[9]. - Basic earnings per share for the reporting period was ¥0.1037, reflecting an increase of 1,360.56% year-on-year[9]. - The net profit after deducting non-recurring gains and losses was ¥38,039,135.10, showing an increase of 3,704.01% year-on-year[9]. - The company's operating revenue increased by 225.23% year-on-year, primarily due to the inclusion of Shenzhen New Huikai's revenue of RMB 1.04 billion[19]. - The net profit attributable to shareholders increased by 439.32% year-on-year, significantly boosted by the acquisition of Shenzhen New Huikai[19]. - Total operating revenue for Q3 2018 reached CNY 539.87 million, a significant increase from CNY 130.45 million in the same period last year, representing a growth of 313.5%[43]. - Net profit for Q3 2018 was CNY 39.35 million, compared to CNY 0.28 million in Q3 2017, marking a substantial increase of 13,973.4%[45]. - Total operating revenue for the current period reached CNY 1,503,965,573.63, a significant increase from CNY 462,430,802.94 in the previous period, representing a growth of approximately 225%[52]. - Net profit for the current period was CNY 96,457,538.88, up from CNY 18,298,151.02 in the previous period, reflecting a growth of approximately 428%[53]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,789,429,425.34, an increase of 4.24% compared to the end of the previous year[9]. - The balance of prepayments increased by 110.14% compared to the beginning of the period, mainly due to prepayments for raw materials[18]. - Other receivables increased by 254.42%, primarily due to the subsidiary New Vision Display, Inc. purchasing USD 4 million convertible bonds from ReviverMX, Inc.[18]. - The balance of construction in progress increased by 227.23%, attributed to the ongoing renovation of Shenzhen New Huikai's factory[18]. - Short-term borrowings increased by 48.89%, mainly due to an increase in bank loans of RMB 97 million for Shenzhen New Huikai[18]. - Total liabilities increased to CNY 843,723,305.68 from CNY 797,540,801.82, marking a rise of approximately 5.8%[39]. - The company's equity attributable to shareholders increased to CNY 1,859,776,272.67 from CNY 1,796,701,773.79, reflecting a growth of about 3.5%[39]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥18,365,572.57, an increase of 146.18% compared to the same period last year[9]. - The net cash flow from operating activities increased by 146.18%, mainly due to an increase of RMB 39.98 million in cash flow from Shenzhen New Huikai[19]. - The cash flow from operating activities generated a net amount of CNY 18,365,572.57, a recovery from a negative cash flow of CNY -39,771,840.13 in the same quarter last year[59]. - The net cash flow from financing activities was CNY 70,728,740.77, an increase from CNY 60,205,813.36 in Q3 2017, indicating a growth of approximately 17.0%[60]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,026[13]. - The largest shareholder, Dong Shulin, holds 10.10% of the shares, with 39,399,090 shares, of which 35,119,257 are pledged[13]. Acquisition Plans - The company plans to acquire 100% equity of New Hui Kai Technology (Shenzhen) Co., Ltd. through a combination of issuing shares and cash payment[25]. - The company aims to enhance its market position by integrating New Hui Kai's technology and resources into its operations[27]. - The acquisition is expected to strengthen the company's technological capabilities and market reach in the optical electronics sector[27]. - The transaction is part of a broader strategy to expand the company's operational footprint and enhance shareholder value[27]. Compliance and Commitments - The company has committed to not transferring any shares or reducing holdings in the partnership for 60 months following the listing of new shares acquired in the transaction[24]. - The company has confirmed that it will not seek to increase its voting rights in Jingwei Electric Material through any means for 60 months[25]. - The company has ensured that the control of the company remains stable and committed to fulfilling the agreements made with actual controllers[25]. - The company has promised to compensate for any losses caused by failing to avoid competition with its subsidiaries[29]. - The company will ensure that any necessary related transactions are conducted at fair prices and in compliance with relevant laws and regulations[29].