CYTS(SH:600138)2015-10-26 16:00Financial Performance - In the first three quarters of 2015, the company achieved operating revenue of 7.865 billion RMB, a decrease of 3.63% compared to the same period last year[6]. - The net profit attributable to shareholders of the listed company for the first three quarters was 286.44 million RMB, a decrease of 20.68% compared to the adjusted figure for the same period in 2014[6]. - The net cash flow from operating activities for the first three quarters was 208.28 million RMB, down 11.30% year-on-year[6]. - The basic earnings per share for the reporting period was 0.396 RMB, a decrease of 26.82% compared to the same period last year[7]. - Total operating revenue for Q3 was approximately ¥3.09 billion, a decrease of 5.3% compared to ¥3.27 billion in the same period last year[31]. - Total operating costs for Q3 were approximately ¥2.90 billion, down 5.6% from ¥3.07 billion year-over-year[31]. - Operating profit for Q3 increased to approximately ¥226.54 million, up 14.2% from ¥198.25 million in the same quarter last year[31]. - Net profit for Q3 was approximately ¥176.21 million, representing a 15.9% increase from ¥152.01 million in the same period last year[32]. - Earnings per share for Q3 was ¥0.167, slightly up from ¥0.1635 in the previous year[32]. - The company reported a total profit of approximately ¥237.66 million for Q3, up from ¥198.34 million year-over-year[32]. Assets and Liabilities - The company's total assets at the end of the reporting period were 9.119 billion RMB, an increase of 2.72% from the end of the previous year[6]. - The net assets attributable to shareholders of the listed company at the end of the reporting period were 4.630 billion RMB, an increase of 4.80% from the end of the previous year[6]. - Total liabilities amounted to CNY 3,172,770,306.61, down from CNY 3,246,423,460.21, indicating a decrease of around 2.3%[26]. - Current liabilities decreased to CNY 3,007,670,472.91 from CNY 3,099,402,225.23, a reduction of approximately 3%[25]. - Owner's equity rose to CNY 5,946,643,091.35 from CNY 5,631,813,475.40, marking an increase of about 5.6%[26]. - Total current assets decreased from 3.526 billion yuan at the beginning of the year to 3.365 billion yuan by the end of the reporting period[24]. - The company’s long-term equity investments rose from 1.367 billion yuan to 1.408 billion yuan, indicating a positive trend in investment performance[24]. Shareholder Information - The total number of shareholders at the end of the reporting period was 51,124[11]. - The top shareholder, China Youth Travel Group, held 124.31 million shares, accounting for 17.17% of the total shares[11]. - The company’s controlling shareholder, China Youth Travel Group, committed to not reducing its shareholding in the company for 36 months starting from July 10, 2015[20]. Business Operations - In the first three quarters, the company received a total of 6.269 million visitors at the Wuzhen scenic area, representing a year-on-year increase of 21.25%[15]. - The Wuzhen scenic area achieved an operating income of 870 million yuan, a year-on-year growth of 22.77%, and a net profit of 330 million yuan, up 23.76% from the previous year[15]. - The company’s exhibition business showed steady growth, hosting significant international events such as the 2015 International Bioeconomy Conference and the 22nd International Historical Science Conference[14]. - The company’s new outdoor travel brand, "Like Outdoor," was launched, and strategic investments were made in the outbound destination service booking website, Qizhou.com, to enhance service offerings[14]. - The company reported a 135% year-on-year increase in operating income for the Shuanglong scenic area, reaching 343 million yuan in the first three quarters[16]. Cash Flow and Investments - Net cash flow from operating activities for the first nine months was ¥208.28 million, down from ¥234.80 million year-on-year, indicating a decrease of approximately 11.2%[39]. - Cash inflow from operating activities totaled ¥7.61 billion, compared to ¥7.97 billion in the previous year, reflecting a decline of about 4.6%[38]. - Cash outflow from operating activities was ¥7.40 billion, down from ¥7.73 billion, resulting in a decrease of approximately 4.3%[39]. - Net cash flow from investing activities was -¥607.19 million, slightly worse than -¥576.14 million in the same period last year, indicating a deterioration of about 5.4%[39]. - Cash inflow from financing activities was ¥675.55 million, significantly lower than ¥1.94 billion in the previous year, representing a decrease of approximately 65.2%[39]. - The ending balance of cash and cash equivalents was ¥469.86 million, down from ¥606.26 million year-on-year, reflecting a decline of about 22.6%[39]. - The company reported a basic earnings per share of ¥0.00, with diluted earnings per share also at ¥0.00, indicating no earnings reported for the period[35]. - The company received tax refunds amounting to ¥206,834.82, down from ¥280,868.86 in the previous year, a decrease of approximately 26.3%[38]. - Total cash inflow from investment activities was ¥2.69 million, significantly lower than ¥143.28 million in the previous year, indicating a decrease of about 98.1%[39]. - Net cash flow from financing activities was $31,011,614.64, a decrease from $557,484,452.06 in the previous period[43]. - Total cash and cash equivalents at the end of the period amounted to $69,345,284.08, down from $116,943,260.11[43]. - The net increase in cash and cash equivalents was -$123,364,303.75, compared to -$58,539,598.96 previously[43]. - Cash outflows from financing activities totaled $118,988,385.36, compared to $842,512,168.64 in the prior period[43]. - The impact of exchange rate changes on cash and cash equivalents was $2,976,353.14, compared to $1,356,513.27 previously[43].