CSI(SH:600158)2014-10-30 16:00Financial Performance - Operating revenue increased by 17.60% to CNY 807,378,653.37 for the period from January to September[7] - Net profit attributable to shareholders decreased by 16.32% to CNY 66,083,429.22 compared to the same period last year[7] - Basic earnings per share decreased by 16.35% to CNY 0.0783[7] - Total operating revenue for the year-to-date period (January to September) was ¥807,378,653.37, an increase of 17.6% from ¥686,536,049.77 in the same period last year[33] - Net profit for the third quarter was ¥14,293,064.71, a decrease of 75.7% from ¥58,641,061.54 in the previous year[33] - The total profit for the period was ¥23,279,093.46, a decline of 69.9% compared to ¥77,319,626.54 in the previous year[33] - The total comprehensive income for the third quarter was ¥14,293,064.71, down from ¥58,641,061.54 year-over-year[33] Cash Flow and Liquidity - Net cash flow from operating activities showed a significant decline, with a net outflow of CNY 299,854,099.35 compared to a positive inflow of CNY 13,611,726.64 in the previous year, representing a decrease of 2,302.91%[7] - Cash and cash equivalents decreased by 46.93% to ¥373,366,344.80 compared to the previous year, primarily due to investments and payments made during the period[13] - Cash inflow from sales of goods and services reached ¥642,835,516.30, an increase of 7.4% compared to ¥600,357,130.92 in the previous year[37] - Total cash inflow from investment activities was ¥41,798,270.64, down 80.7% from ¥216,004,395.22 year-on-year[37] - Cash outflow from financing activities totaled ¥143,629,768.72, an increase of 49.7% compared to ¥95,912,994.08 in the previous year[37] - The ending balance of cash and cash equivalents was ¥370,547,598.06, a decrease of 43.3% from ¥654,936,655.51 at the end of the previous year[37] - Cash inflow from tax refunds was ¥6,131,353.88, a significant increase from ¥213,527.69 in the previous year[37] Assets and Liabilities - Total assets decreased by 2.41% to CNY 3,540,990,100.31 compared to the end of the previous year[7] - Total current assets decreased to CNY 3,059,182,247.34 from CNY 3,096,256,950.61, a decline of approximately 1%[26] - Total liabilities decreased slightly from CNY 1,800,947,443.55 to CNY 1,771,179,507.59, a reduction of approximately 2%[27] - Total equity decreased from CNY 1,827,659,516.65 to CNY 1,769,810,592.72, a decline of approximately 3%[27] - Non-current assets decreased from CNY 532,350,009.59 to CNY 481,807,852.97, a decline of about 9%[26] Shareholder Information - The total number of shareholders reached 105,194 by the end of the reporting period[10] - The largest shareholder, the State Sports General Administration Sports Fund Management Center, holds 22.07% of the shares[10] Operational Costs and Expenses - Operating costs increased by 35.92% to ¥601,764,393.82, driven by higher real estate costs and increased event management and operational expenses[15] - The company reported a significant increase in management expenses, totaling ¥36,671,283.17, compared to ¥33,636,295.88 in the previous year[33] - The company experienced a rise in sales expenses, which totaled ¥13,123,244.39, compared to ¥14,726,920.25 in the previous year[33] Investment and Other Income - Investment income surged by 521.49% to ¥60,659,883.76, primarily due to increased equity transfer gains[15] - Investment income showed a loss of ¥3,875,570.21, contrasting with a gain of ¥10,627,013.11 in the same period last year[33] Legal Matters - The company is involved in a legal dispute regarding trust beneficiary rights, with ongoing litigation to protect its interests[18] Other Financial Metrics - The weighted average return on equity decreased by 1.42 percentage points to 4.54%[7] - The company reported a loss of CNY 3,846,199.64 from non-recurring items for the period[8] - Short-term borrowings rose by 63.76% to ¥133,140,000.00, reflecting new bank loans taken during the period[13] - Other receivables increased by 74.88% to ¥296,682,397.05, primarily due to payments related to trust beneficiary rights[13] - The company reported a 100% decrease in other current assets, as it redeemed bank wealth management products during the period[13]