GOHIGH(SZ:000851)2018-10-28 16:00Financial Performance - Operating revenue for the reporting period was ¥2,976,770,198.50, representing an 18.73% increase year-on-year[8]. - Net profit attributable to shareholders was -¥715,896.55, a decrease of 121.30% compared to the same period last year[8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥495,476.50, an increase of 86.29% year-on-year[8]. - Basic earnings per share for the reporting period was -¥0.0005, a decrease of 110.87% year-on-year[8]. - The weighted average return on net assets was -0.02%, down by 0.13% compared to the previous year[8]. - The company does not anticipate significant changes in net profit compared to the previous year[27]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥9,339,538,733.83, an increase of 14.34% compared to the end of the previous year[8]. - Cash and cash equivalents decreased by 42.20% to ¥1,147,387,006.96 from ¥1,985,147,259.33 due to increased payments for goods[17]. - Accounts receivable increased by 118.41% to ¥2,189,479,638.44 from ¥1,002,484,168.19, attributed to higher sales volume[17]. - Inventory surged by 108.44% to ¥1,612,460,789.11 from ¥773,569,671.71, as a subsidiary transitioned to real estate accounting[17]. Shareholder Information - The company reported a total of 64,678 common shareholders at the end of the reporting period[12]. - The largest shareholder, Telecom Science and Technology Research Institute Co., Ltd., held 12.81% of the shares[12]. Government Support and Investments - The company received government subsidies amounting to ¥4,707,899.05 during the reporting period[9]. - The company raised ¥383,800,000.00 from new strategic investors, a 323.74% increase compared to the previous amount of ¥90,573,600.00[20]. - The company plans to invest ¥3.5 billion in its wholly-owned subsidiary, increasing its registered capital from ¥250 million to ¥600 million[22]. - The company plans to raise up to 110 million CNY through public listing to supplement working capital and registered capital for its subsidiary[24]. Operational Activities - The net cash flow from operating activities for the year-to-date was -¥1,035,321,266.62, a decrease of 52.25% compared to the previous year[8]. - Total revenue for the third quarter reached ¥8,081,991,476.17, an increase of 27.68% compared to ¥6,329,739,637.59 in the previous period, driven by growth in enterprise information and IT sales[18]. - Operating costs rose to ¥7,626,914,258.13, reflecting a 28.68% increase from ¥5,927,199,325.26, corresponding to the growth in revenue[18]. - Cash received from tax refunds increased by 63.87% to ¥5,491,318.88 from ¥3,351,034.69, reflecting higher VAT refunds[19]. - Investment income rose significantly to ¥2,595,056.28 from ¥48,897.69, marking a 5,207.11% increase due to higher dividends from associated companies[18]. Compliance and Governance - There are no overdue commitments from actual controllers, shareholders, or related parties during the reporting period[26]. - There are no violations regarding external guarantees during the reporting period[32]. - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[33]. - There were no securities investments during the reporting period[28]. - The company did not engage in any entrusted financial management during the reporting period[29]. - There were no derivative investments during the reporting period[30]. - The company conducted on-site research and communication activities with institutions on August 28 and September 3, 2018[30][31].