万隆光电(300710) - 2017 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders rose by 9.92% to CNY 15,743,049.44 for the reporting period[8] - Operating revenue for the period reached CNY 123,508,157.80, reflecting a growth of 13.09% year-on-year[8] - The company's retained earnings grew by 37.37% to CNY 156,206,204.81, driven by improved performance[16] - Net profit for Q3 2017 was ¥15,743,049.44, representing a 9.9% increase from ¥14,321,835.35 in Q3 2016[33] - The net profit for Q3 2017 reached CNY 42,490,184.65, representing a growth of 10.8% from CNY 38,657,975.49 in Q3 2016[45] - The total profit for Q3 2017 was CNY 49,167,723.94, which is a 3.7% increase from CNY 47,426,177.31 in Q3 2016[45] Assets and Liabilities - Total assets increased by 10.86% to CNY 467,193,726.19 compared to the end of the previous year[8] - The total assets of Hangzhou Wanlong Optoelectronic Equipment Co., Ltd. as of September 30, 2017, amounted to CNY 467,193,726.19, an increase from CNY 421,432,483.47 at the beginning of the period, reflecting a growth of approximately 10.86%[24][29] - The company's current assets totaled CNY 424,529,262.28, up from CNY 378,883,142.97, indicating an increase of about 12.06%[24][29] - The total liabilities of the company were CNY 129,533,005.87, slightly up from CNY 126,261,947.80, reflecting a marginal increase of about 1.99%[26][29] - The company's equity attributable to shareholders increased to CNY 337,660,720.32 from CNY 295,170,535.67, marking a growth of approximately 14.36%[27][29] Cash Flow - The net cash flow from operating activities improved by 75.12%, reaching CNY -8,107,730.41, indicating better cash recovery[16] - The company's operating cash flow for Q3 2017 was negative at -8,107,730.41 CNY, an improvement from -32,583,767.58 CNY in the same period last year[50] - Total cash inflow from operating activities was 313,469,634.76 CNY, compared to 253,303,184.26 CNY in the same quarter last year[50] - The cash outflow from operating activities was CNY 321,577,365.17, leading to a net cash flow from operating activities of CNY -8,107,730.41, an improvement from CNY -32,583,767.58 in Q3 2016[48] - The company received tax refunds amounting to 12,254,633.02 CNY, a significant increase from 2,129,983.00 CNY in the previous year[50] Expenses - Financial expenses surged by 238.29% to CNY 2,004,401.57, primarily due to reduced short-term bank loan repayments[16] - Operating costs for the same period were ¥107,022,449.40, up from ¥90,613,695.29, reflecting a rise of 18.0%[32] - Sales expenses for Q3 2017 were ¥11,001,875.50, an increase of 44.5% from ¥7,610,107.57 in the same period last year[33] - Management expenses decreased slightly to ¥10,971,448.46 from ¥11,596,016.01, a reduction of 5.4%[33] - Financial expenses increased to ¥685,664.30 from ¥299,542.84, representing a rise of 128.5%[33] Shareholder Information - The company did not engage in any repurchase transactions during the reporting period[13] - The company reported no violations regarding external guarantees during the reporting period[19] - There were no overdue commitments from major shareholders or related parties during the reporting period[20] - The company did not foresee significant changes in net profit compared to the same period last year[19] Other Financial Metrics - Earnings per share (EPS) for Q3 2017 was ¥0.31, compared to ¥0.28 in the previous year, indicating a growth of 10.7%[38] - The income tax expense for Q3 2017 was CNY 6,677,539.29, down from CNY 8,768,201.82 in Q3 2016, reflecting a decrease of 24.0%[45] - The company achieved a gross profit margin of approximately 32.8% in Q3 2017, compared to 38.8% in the same quarter last year, indicating a decline in profitability[44] - The report for Q3 2017 was not audited[52]