Workflow
同德化工(002360) - 2017 Q3 - 季度财报
TONDTOND(SZ:002360)2017-10-23 16:00

Financial Performance - Operating revenue for the reporting period was ¥300,624,042.67, representing a 76.51% increase year-on-year[8]. - Net profit attributable to shareholders was ¥32,870,933.48, up 53.38% compared to the same period last year[8]. - Basic earnings per share increased to ¥0.084, reflecting a growth of 52.73% year-on-year[8]. - The company reported a net profit of ¥66,736,059.97 for the year-to-date, an increase of 27.94% compared to the same period last year[8]. - Operating revenue for the period is 569.07 million yuan, an increase of 43.22% compared to the previous period, primarily due to increased business volume[17]. - The estimated net profit for 2017 is projected to be between 74.47 million yuan and 115.83 million yuan, compared to 82.74 million yuan in 2016[21]. Cash Flow - Cash flow from operating activities amounted to ¥84,705,092.04, a rise of 25.98% compared to the previous year[8]. - Net cash flow from operating activities for the period is 97.55 million yuan, an increase of 42.46% compared to the previous period, primarily due to increased operating revenue[17]. - Net cash flow from investing activities for the period is -72.63 million yuan, a decrease of 147.12% compared to the previous period, mainly due to the acquisition of 40% equity in Tongde Explosives[17]. - Net cash flow from financing activities for the period is -41.28 million yuan, a decrease of 160.33% compared to the previous period, primarily due to the repayment of 110 million yuan in bank loans[18]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,435,986,116.81, an increase of 0.36% compared to the end of the previous year[8]. - Accounts receivable at the end of the period increased by 72.56% to ¥10,017,300, primarily due to increased settlements via notes[16]. - Prepaid accounts increased by 72.19% to ¥15,602,900, mainly due to higher advance payments for materials[16]. - Other payables surged by 435.56% to ¥63,814,400, primarily due to outstanding payments for the acquisition of a 40% stake in a subsidiary[16]. - The ending balance of capital reserve is 22.55 million yuan, a decrease of 64.32% compared to the beginning of the period, mainly due to the adjustment of capital reserve during the acquisition of 40% equity in Xinzhou Tongde Explosives[17]. Industry Outlook - The overall operation of the civil explosives industry is stabilizing and recovering, influenced by the national economic environment and supply-side structural reforms[21]. - The weighted average return on net assets was 3.33%, an increase of 1.15% year-on-year[8].