NAURA(SZ:002371)2017-10-29 16:00Financial Performance - Operating revenue for the reporting period was ¥504,444,484.10, representing a year-on-year growth of 50.04%[7] - Net profit attributable to shareholders was ¥27,474,776.81, up 24.19% year-on-year[7] - The basic earnings per share for the reporting period was ¥0.0599, an increase of 10.93% year-on-year[7] - The company expects a net profit attributable to shareholders for 2017 to increase by 10.00% to 40.00%, estimating between CNY 10,219.18 million and CNY 13,006.22 million[23] Asset and Shareholder Information - Total assets at the end of the reporting period reached ¥7,720,365,900.06, an increase of 18.03% compared to the end of the previous year[7] - The total number of shareholders at the end of the reporting period was 21,015[11] - The largest shareholder, Beijing Qixing Huadian Technology Group Co., Ltd., held 38.90% of the shares[11] Cash Flow and Operating Activities - The company reported a net cash flow from operating activities of -¥208,254,377.05, down 36.17% year-on-year[7] - Cash received from sales increased by 75.69% to CNY 1,438,619,693.11 compared to CNY 818,829,888.03 in the previous year[19] Costs and Expenses - Operating costs rose by 52.55% to CNY 948,798,166.53, attributed to increased sales of integrated circuit manufacturing equipment[18] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥25,620,552.28, a decrease of 75.95% compared to the same period last year[7] Receivables and Inventory - Accounts receivable increased by 63.99% to CNY 450,124,389.04 as of September 30, 2017, primarily due to increased operating revenue[16] - Prepayments rose by 84.61% to CNY 181,544,822.82, driven by an increase in orders[16] - Inventory increased by 60.93% to CNY 1,895,905,358.28, as the company increased stock to meet sales contracts[16] Investments and Development - Capitalized development expenditures increased by 46.22% to CNY 650,113,097.30, reflecting progress in R&D projects[16] - The company established a wholly-owned subsidiary in the U.S. and acquired assets from Akrion Systems LLC for USD 15 million (approximately CNY 103.5 million)[21] Borrowings - Long-term borrowings increased by 416.67% to CNY 310,000,000.00, primarily due to new loans from the Export-Import Bank of China[17] Government Support - The company received government subsidies amounting to ¥330,887,748.27 during the reporting period[8] Return on Assets - The weighted average return on net assets was 0.85%, a decrease of 0.17% compared to the previous year[7]