电工合金(300697) - 2017 Q3 - 季度财报

Financial Performance - Operating revenue for the current period was CNY 341,242,849.39, representing a 36.83% increase year-on-year[8] - Net profit attributable to shareholders for the current period was CNY 15,653,452.94, up 24.93% year-on-year[8] - Basic earnings per share increased by 12.45% to CNY 0.1174[8] - Operating revenue rose by 31.13% to ¥954,132,251.15 compared to ¥727,613,216.94 in the same period last year, driven by increased sales volume and rising raw material prices[16] - Net profit increased by 30.91% to ¥46,706,915.64 from ¥35,678,766.06, primarily due to higher sales volume[16] - Total operating revenue for the current period reached CNY 954,132,251.15, an increase from CNY 727,613,216.94 in the previous period, representing a growth of approximately 31.1%[39] - The net profit for the current period was CNY 46,706,915.64, compared to CNY 35,678,766.06 in the previous period, indicating a year-over-year increase of about 30.5%[41] - The total comprehensive income for the current period was CNY 39,308,869.97, compared to CNY 37,895,575.41 in the previous period, showing an increase of about 3.7%[42] Assets and Liabilities - Total assets increased by 14.89% to CNY 1,155,757,077.03 compared to the end of the previous year[8] - The company's total assets reached ¥1,155,757,077.03, up from ¥1,005,981,999.64, reflecting overall growth[25] - The company's total liabilities decreased to CNY 209,355,125.93 from CNY 317,385,028.00, a reduction of 34%[30] - The equity attributable to shareholders of the parent company increased to CNY 577,809,339.77, up from CNY 304,296,181.56, marking an increase of 89.7%[30] Cash Flow - Cash flow from operating activities showed a significant improvement, with a net cash flow of CNY -875,817.02, a 98.19% increase compared to the previous year[8] - Cash flow from operating activities showed a negative net amount of ¥875,817.02, a decrease of 98.19% compared to the previous year, indicating higher cash receipts from sales[17] - The company's cash flow from financing activities surged to ¥261,150,174.58, a dramatic increase from a negative cash flow of ¥39,020,000.61, primarily due to the public offering[17] - The cash flow from financing activities resulted in a net inflow of ¥261.15 million, compared to a net outflow of ¥39.02 million in the previous period, indicating a significant turnaround[49] - The net increase in cash and cash equivalents for the period was CNY 301.40 million, compared to a decrease of CNY 1.10 million previously[51] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 41,816[12] - The top shareholder, Jiangyin Kanda Investment Co., Ltd., holds 36.25% of the shares, totaling 58,000,000 shares[12] Other Financial Metrics - The weighted average return on equity was 3.06%, a decrease of 19.05% compared to the same period last year[8] - The company reported non-operating income from government subsidies amounting to CNY 1,806,778.86[9] - The company reported a significant decrease in other receivables by 87.67%, from ¥24,907,421.50 to ¥3,072,100.31, mainly due to the recovery of demolition compensation[16] - The company experienced a 95.22% reduction in notes payable, decreasing from ¥150,500,000.00 to ¥7,200,000.00, as part of the repayment of certain notes during the reporting period[16] - The capital reserve increased by 163.00% to ¥364,590,942.66 from ¥138,626,170.19, attributed to the public offering of shares[16] - Investment income turned positive at ¥4,447,766.67, a significant improvement from a loss of ¥2,539,605.48 in the previous year, mainly due to increased gains from the sale of ineffective hedging investments[16] - The company reported an operating profit of CNY 59,205,593.75 for the current period, compared to CNY 48,722,558.87 in the previous period, marking an increase of about 21.4%[41] - The total tax expenses for the current period were CNY 13,522,503.76, slightly down from CNY 13,625,561.44 in the previous period[41] - The company experienced a decrease in other comprehensive income, with a net amount of CNY -7,398,045.67 for the current period, compared to CNY 2,216,809.35 in the previous period[41] Sales and Expenses - Operating costs amounted to CNY 321,436,413.66, up from CNY 230,039,760.03, reflecting a year-over-year increase of 39.7%[32] - The operating costs for the current period amounted to CNY 895,267,146.07, up from CNY 680,627,252.59 in the previous period, which is an increase of approximately 31.5%[39] - The company reported a significant increase in sales expenses, which rose to CNY 3,567,408.57 from CNY 217,535.10, a staggering increase of 1,539.5%[33] - The company reported a significant increase in sales expenses, which rose to CNY 11,099,119.73 from CNY 10,093,190.79 in the previous period, reflecting a growth of approximately 10%[39]