东晶电子(002199) - 2017 Q3 - 季度财报

Financial Performance - Total assets decreased by 9.40% to ¥598,282,475.44 compared to the end of the previous year[8] - Operating revenue for the current period was ¥68,375,435.97, down 1.14% year-on-year, and down 13.06% year-to-date[8] - Net profit attributable to shareholders was -¥3,829,282.10, an increase of 85.21% compared to the same period last year, and a decrease of 93.83% year-to-date[8] - Basic earnings per share were -¥0.0157, an increase of 85.24% compared to the same period last year[8] - The weighted average return on net assets was -0.84%, a decrease of 5.66% compared to the same period last year[8] Cash Flow - The net cash flow from operating activities was ¥44,314,521.99, showing a significant increase of 318.60% year-to-date[8] - Operating cash flow net amount improved by 318.60% to ¥44.31 million, mainly due to the divestment of the underperforming sapphire segment[15] - Investment activities cash flow net amount improved by 49.88% to -¥58.54 million, due to subsidiary line upgrades and purchase of financial products[16] - Financing activities cash flow net amount decreased by 174.63% to -¥100.02 million, primarily due to repayment of loans[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,854[11] - The largest shareholder held 14.80% of the shares, amounting to 36,036,036 shares[11] - No repurchase transactions were conducted by the top ten shareholders during the reporting period[12] Asset Management - Cash and cash equivalents decreased by 66.44% to ¥57.70 million due to repayment of short-term and long-term loans and purchase of financial products[15] - Other current assets increased by 938.42% to ¥47.68 million, primarily due to the purchase of financial products[15] - Long-term equity investments decreased by 54.50% to ¥3.07 million, attributed to the capital reduction of Zhejiang Zhongxin Information Industry Park Co., Ltd.[15] - Other payables increased by 834.04% to ¥31.43 million, resulting from the sale of land and property to Zhejiang Dongjing Bolante Optoelectronics Co., Ltd.[15] Investment and Income - The company reported non-recurring gains and losses totaling ¥3,772,918.68, primarily from government subsidies[9] - The company reported a 765.14% increase in investment income to ¥425,914.95, mainly from returned investment funds and financial product returns[15] Tax and Charges - The company’s tax and additional charges increased by 187.95% to ¥2.71 million, primarily due to land use tax and property tax payments[15] Future Projections - The estimated net profit for 2017 is projected to be between -4 million to 4 million RMB, compared to a net profit of 16.1967 million RMB in 2016[24] - The decrease in net profit is attributed to costs incurred from equipment upgrades and production line modifications for miniaturized products, as well as a lack of significant asset disposals in 2017 compared to 2016[24] Compliance and Commitments - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[26] - There were no violations of external guarantees during the reporting period[25] - The company is committed to fulfilling its long-term promises regarding the accuracy and completeness of financial information provided[22] - The company has a history of fulfilling its commitments on time[22] - The company is focused on maintaining compliance with legal and regulatory standards in its operations[21] Operational Activities - The company has undertaken equipment upgrades to expand production capacity, which has led to increased costs[24] - The company has not conducted any research, communication, or interview activities during the reporting period[27] - The company has made commitments to avoid new or potential competition with its business operations[21]