长信科技(300088) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥2,755,115,437.38, representing a year-on-year increase of 31.91%[7] - Net profit attributable to shareholders was ¥243,946,576.05, up 54.52% year-on-year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥240,318,846.34, an increase of 58.74% compared to the same period last year[7] - Basic earnings per share for the reporting period was ¥0.1061, reflecting a growth of 54.44% year-on-year[7] - The weighted average return on net assets was 5.29%, an increase of 1.51% compared to the previous year[7] - Total operating revenue for the current period reached ¥2,755,115,437.38, an increase of 32% compared to ¥2,088,559,281.32 in the previous period[40] - Net profit for the current period was ¥248,970,186.31, representing a 58% increase from ¥157,115,735.59 in the same period last year[42] - Basic and diluted earnings per share for the current period were both ¥0.1061, compared to ¥0.0687 in the previous period, reflecting a 54% increase[43] Assets and Liabilities - Total assets at the end of the reporting period reached ¥8,975,189,129, an increase of 19.86% compared to the previous year[7] - Current assets increased to ¥3,835,965,737.54 from ¥2,805,796,736.69, representing a growth of approximately 36.7%[33] - Total liabilities rose to ¥4,180,102,249.92 from ¥3,093,837,083.22, indicating an increase of approximately 35.1%[35] - Non-current assets totaled ¥5,139,223,391.46, compared to ¥4,682,554,392.40, reflecting a growth of about 9.8%[34] - The total equity attributable to shareholders rose to ¥4,735,972,950.95 from ¥4,359,175,404.72, indicating an increase of around 8.6%[35] Cash Flow - The net cash flow from operating activities was negative at -¥45,876,639.55, a decline of 107.46% compared to the previous year[7] - Cash and cash equivalents at the end of the period increased by 79.99% compared to the beginning of the year, mainly due to increases in guarantee deposits and bank acceptance bill guarantees[15] - The cash inflow from operating activities totaled CNY 5,006,133,004.33, compared to CNY 3,010,603,486.51 in the previous year, showing a growth of 66%[55] - The net cash flow from operating activities was 141,274,170.17 CNY, a decrease of 42.7% compared to the previous period's 246,883,889.36 CNY[60] - The total cash and cash equivalents at the end of the period reached 627,209,876.86 CNY, up from 326,420,819.70 CNY in the previous period[61] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 78,282[11] - The largest shareholder, Xinjiang Runfeng Equity Investment Enterprise, held 18.97% of the shares, amounting to 436,020,000 shares[11] - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[12] Research and Development - R&D expenses increased by 40.06% year-on-year, reflecting the company's commitment to maintaining industry leadership and enhancing core competitiveness[16] - Research and development expenses increased to ¥26,122,045.51, a rise of 41% compared to ¥18,545,318.65 in the previous period[40] - Research and development expenses increased to CNY 45,242,852.60, up from CNY 36,472,176.29, reflecting a commitment to innovation[53] Strategic Investments - The company plans to optimize its capital structure through a strategic investment from state-owned enterprises, which may lead to a change in actual control[19] - The strategic investment is expected to enhance the company's competitive strength in the touch display field and improve profitability and risk resistance[20] - The company has received approval from the Anhui Provincial State-owned Assets Supervision and Administration Commission for the share transfer agreement[20] Tax and Financial Expenses - Tax payable at the end of the period increased by 124.79%, mainly due to increased corporate income tax and value-added tax[15] - Tax expenses for the current period were ¥57,323,411.09, compared to ¥23,257,498.91 in the previous period, indicating a substantial increase[42] - The company incurred financial expenses of ¥47,812,764.90, which is a 124% increase from ¥21,305,167.63 in the previous period[40] Inventory and Borrowings - Inventory at the end of the period increased by 35.23% compared to the beginning of the year, primarily due to increased orders from customers at the subsidiary Dongguan Depute[15] - Short-term borrowings at the end of the period increased by 53.58% compared to the beginning of the year, driven by increased production and sales scale[15] - Long-term borrowings at the end of the period increased by 89.41%, attributed to the expansion of business scale at the subsidiary Dongguan Depute[16]