Five, report analysis (1) The cash flow statement is a statement that reflects the inflow and outflow of cash and cash equivalents of an enterprise during a certain accounting period. Through the analysis of the cash flow statement, we can understand where the cash comes from and the balance of each period of the company, and understand the impact of operating activities, investment activities and financing activities on the cash inflow and outflow of the company, Discover the company's possible problems in production and operation, Investment and financing activities, and finance, so as to correctly evaluate the company's current and future solvency and development prospects. OFILM Group Co., Ltd. (abbreviated as: OFILM) is a high-tech company dedicated to the R&D, production and sales of precision optoelectronic thin film components. Established in Shenzhen in 2007, it publicly issued 24 million shares in July 2010 at an issue price of 30 yuan. It was listed on the Shenzhen Stock Exchange in August 2010. The following is the cash flow statement of OFILM from 2016 to 2018: 2018-12-31 2017-12-31 2016-12-31 OFILM Cash Flow Statement Business activities: Cash received from selling goods and providing labor services Tax Refund Receive other cash related to operating activities Subtotal of cash Inflow from operating activities Cash paid for purchasing goods and receiving labor services Cash paid to and for employees Various taxes paid Pay other cash related to operating activities Subtotal of cash outflow from operating activities Net cash flow from operating activities Investment activities: Cash received from investment Cash received from investment income Net cash received frorn disposal of fixed assets and intangible assets Other cash received relating to Investing activities Subtotal of cash Inflows from Investing activities 42.24 billion 1.084 billion 289 million 43.61 billion -- --- 37.73 billion L... 4.048 billion E. 544.4 million 647.2 million 42.97 billion 644.5 billion 33.25 billion 948,9 million 289 million 34.49 billion 29.79 billion SALE 3.242 billion 604.6 million pollll 523.5 million 34.16 billion 329.3 million 22.84 billion 607.1 million 179 million 23.62 billion 40 L 19.67 billion billi 2.536 billion 305.7 million 301 million 22.81 billion 810.7 million 12.21 million 4.455 billion 4.143 million 2.128 million 9.200 million 4.470 billion 4.578 billion 4.97 million 3.212 million 21.05 million 227.3 million 260.6 million 4.587 billion 260.6 million 6.725 billion 25.97 million 4.91 million 148 million 6.903 billion -6.643 billion 4.470 billion 3.141 billion 4.475 billion 890.2 million 4.587 billion 2.764 billion 5.049 billion 188.2 million 8.506 billion -40.36 billion 80.01 billion -3.414 billion 1.620 billion 3.75 billion Subtotal of cash inflows from investing activities Cash paid for long-term assets such as fixed assets and intangible assets Cash Investment Obtain the net cash paid by subsidiaries and other business units Other cash paid relating to investing activities Subtotal of cash outflows from investing activities Net cash flows from investing activities fundraising: Absorb cash received from investment Get cash received from borrowing Cash received from issuance of bonds Receive other cash related to financing activities Subtotal of cash inflows from financing activities Cash paid for debt repayment Cash paid for dividends, profits, or interest payments Pay other cash related to financing activities Subtotal of cash outflows from financing activities Net cash flow from financing activities effect of the changes of the exchange rate on cash and the equivalents Net increase in cash and cash equivalents Add: balance of cash and cash equivalents at the beginning of the period Balance of cash and cash equivalents at the end of the period 40.4 million 26.08 billion 998.8 million 775 million 27.89 billion 21.08 billion 809.6 million 254.8 million 22.15 billion 5.742 billion 23.52 million -233.2 million 1.486 billion 1.253 billion 84.25 million 12.43 billion 2.191 billion 5.192 million 14.71 billion 10.25 billion 505.7 million 31.83 million 10.79 billion 3.918 billion -2007 million 191 million 1.295 billion 1.486 billion 4.042 million 5.374 billion 2.733 billion 323.7 million 48.4 million 3.106 billion 2.268 billion -5.808 million -341.4 million 1.636 billion 1.295 billion To help you analyze the cash Tow of operating activities, the company s income statement is attached here. OFILM Income Statement 2018-12-31 2016-12-31 26.75 billior 26.75 billior 26.07 billior 23.68 billiar 54.87 millor 174 milliar 1.735 billiar 332.4 million 96.7 millior Total operating income Operating income Total operating costs Operating cost R&D expenses Business tax and surcharges sales expense Management fees Financial expenses Asset Impalrment loss Plus: gains from changes in fair value : Investment income operating profit Add: non-operating income Less: non-operating expenses The total profit Product Deduct: income tax expense Mat Net profit Net profit after deducting non-recurring gains and losses Earnings per share Gross profit margin (%) Roe(%) Assets and liabilities(%) 43.04 billion 43.04 billion 43.76 billion 37.74 billion 2.043 billion 110.4 million 191.5 million 854.2 million 981.7 million 1.840 billion 90.92 million -163.7 million -670.2 million 195.7 million 21.35 million -495.8 million ........... 34.22 million -530 million -870.9 million -0.19 12.32 -6.04 77.08 2017-12-31 33.79 billion 33.79 billion 32.80 billion 29.14 billion 1.341 billion . 94.08 million 270.3 million 789.5 million 426.6 million 742.8 billion -81.4 million 766,900 956.6 million 52.56 million 25.9 million no 993.3 million 162.4 million 820.9 million 887.8 million illic 0.30 13.76 9.03 70.20 e 3.183 milliar 677.8 million 150.8 millior 6.632 million .. 822 million 1051 million 105.1 million 716.9 millior milli 594.2 millior 0.25 11.48 8.94 65.65 Please give a brief analysis of OFILM's 2016-2018 cash flow statement. answer: Five, report analysis (1) The cash flow statement is a statement that reflects the inflow and outflow of cash and cash equivalents of an enterprise during a certain accounting period. Through the analysis of the cash flow statement, we can understand where the cash comes from and the balance of each period of the company, and understand the impact of operating activities, investment activities and financing activities on the cash inflow and outflow of the company, Discover the company's possible problems in production and operation, Investment and financing activities, and finance, so as to correctly evaluate the company's current and future solvency and development prospects. OFILM Group Co., Ltd. (abbreviated as: OFILM) is a high-tech company dedicated to the R&D, production and sales of precision optoelectronic thin film components. Established in Shenzhen in 2007, it publicly issued 24 million shares in July 2010 at an issue price of 30 yuan. It was listed on the Shenzhen Stock Exchange in August 2010. The following is the cash flow statement of OFILM from 2016 to 2018: 2018-12-31 2017-12-31 2016-12-31 OFILM Cash Flow Statement Business activities: Cash received from selling goods and providing labor services Tax Refund Receive other cash related to operating activities Subtotal of cash Inflow from operating activities Cash paid for purchasing goods and receiving labor services Cash paid to and for employees Various taxes paid Pay other cash related to operating activities Subtotal of cash outflow from operating activities Net cash flow from operating activities Investment activities: Cash received from investment Cash received from investment income Net cash received frorn disposal of fixed assets and intangible assets Other cash received relating to Investing activities Subtotal of cash Inflows from Investing activities 42.24 billion 1.084 billion 289 million 43.61 billion -- --- 37.73 billion L... 4.048 billion E. 544.4 million 647.2 million 42.97 billion 644.5 billion 33.25 billion 948,9 million 289 million 34.49 billion 29.79 billion SALE 3.242 billion 604.6 million pollll 523.5 million 34.16 billion 329.3 million 22.84 billion 607.1 million 179 million 23.62 billion 40 L 19.67 billion billi 2.536 billion 305.7 million 301 million 22.81 billion 810.7 million 12.21 million 4.455 billion 4.143 million 2.128 million 9.200 million 4.470 billion 4.578 billion 4.97 million 3.212 million 21.05 million 227.3 million 260.6 million 4.587 billion 260.6 million 6.725 billion 25.97 million 4.91 million 148 million 6.903 billion -6.643 billion 4.470 billion 3.141 billion 4.475 billion 890.2 million 4.587 billion 2.764 billion 5.049 billion 188.2 million 8.506 billion -40.36 billion 80.01 billion -3.414 billion 1.620 billion 3.75 billion Subtotal of cash inflows from investing activities Cash paid for long-term assets such as fixed assets and intangible assets Cash Investment Obtain the net cash paid by subsidiaries and other business units Other cash paid relating to investing activities Subtotal of cash outflows from investing activities Net cash flows from investing activities fundraising: Absorb cash received from investment Get cash received from borrowing Cash received from issuance of bonds Receive other cash related to financing activities Subtotal of cash inflows from financing activities Cash paid for debt repayment Cash paid for dividends, profits, or interest payments Pay other cash related to financing activities Subtotal of cash outflows from financing activities Net cash flow from financing activities effect of the changes of the exchange rate on cash and the equivalents Net increase in cash and cash equivalents Add: balance of cash and cash equivalents at the beginning of the period Balance of cash and cash equivalents at the end of the period 40.4 million 26.08 billion 998.8 million 775 million 27.89 billion 21.08 billion 809.6 million 254.8 million 22.15 billion 5.742 billion 23.52 million -233.2 million 1.486 billion 1.253 billion 84.25 million 12.43 billion 2.191 billion 5.192 million 14.71 billion 10.25 billion 505.7 million 31.83 million 10.79 billion 3.918 billion -2007 million 191 million 1.295 billion 1.486 billion 4.042 million 5.374 billion 2.733 billion 323.7 million 48.4 million 3.106 billion 2.268 billion -5.808 million -341.4 million 1.636 billion 1.295 billion To help you analyze the cash Tow of operating activities, the company s income statement is attached here. OFILM Income Statement 2018-12-31 2016-12-31 26.75 billior 26.75 billior 26.07 billior 23.68 billiar 54.87 millor 174 milliar 1.735 billiar 332.4 million 96.7 millior Total operating income Operating income Total operating costs Operating cost R&D expenses Business tax and surcharges sales expense Management fees Financial expenses Asset Impalrment loss Plus: gains from changes in fair value : Investment income operating profit Add: non-operating income Less: non-operating expenses The total profit Product Deduct: income tax expense Mat Net profit Net profit after deducting non-recurring gains and losses Earnings per share Gross profit margin (%) Roe(%) Assets and liabilities(%) 43.04 billion 43.04 billion 43.76 billion 37.74 billion 2.043 billion 110.4 million 191.5 million 854.2 million 981.7 million 1.840 billion 90.92 million -163.7 million -670.2 million 195.7 million 21.35 million -495.8 million ........... 34.22 million -530 million -870.9 million -0.19 12.32 -6.04 77.08 2017-12-31 33.79 billion 33.79 billion 32.80 billion 29.14 billion 1.341 billion . 94.08 million 270.3 million 789.5 million 426.6 million 742.8 billion -81.4 million 766,900 956.6 million 52.56 million 25.9 million no 993.3 million 162.4 million 820.9 million 887.8 million illic 0.30 13.76 9.03 70.20 e 3.183 milliar 677.8 million 150.8 millior 6.632 million .. 822 million 1051 million 105.1 million 716.9 millior milli 594.2 millior 0.25 11.48 8.94 65.65 Please give a brief analysis of OFILM's 2016-2018 cash flow statement