AXNMC(SH:600255)2017-10-30 16:00Financial Performance - Operating revenue for the first nine months rose by 14.86% to CNY 3,906,349,633.53 year-on-year[6] - Net profit attributable to shareholders was CNY 38,397,047.15, a significant recovery from a loss of CNY 79,819,352.50 in the same period last year[6] - Basic earnings per share improved to CNY 0.02 from a loss of CNY -0.05 in the same period last year[7] - Total operating revenue for Q3 2017 reached ¥1,417,269,000.04, an increase of 21.5% compared to ¥1,166,920,931.39 in Q3 2016[24] - Net profit for Q3 2017 was ¥55,017,009.39, compared to a net loss of ¥16,561,984.76 in Q3 2016, indicating a significant turnaround[26] - The net profit attributable to the parent company for Q3 2017 was ¥30,660,482.93, recovering from a loss of ¥20,290,658.51 in the same quarter last year[26] - The company reported a total comprehensive income of ¥52,446,032.07 for Q3 2017, compared to a loss of ¥22,504,610.07 in Q3 2016[27] - Total operating revenue for Q3 2017 was CNY 147,459,498.33, a decrease from CNY 577,578,028.76 in the same period last year[29] - Net profit for Q3 2017 was a loss of CNY 11,284,860.32, compared to a loss of CNY 23,012,980.31 in the same quarter last year[31] Cash Flow - Net cash flow from operating activities reached CNY 289,980,931.37, a turnaround from a negative cash flow of CNY -112,993,256.80 in the previous year[6] - Cash inflow from operating activities for the first nine months of 2017 was CNY 4,453,096,583.33, up from CNY 3,734,955,995.96 in the same period last year[32] - The net cash flow from operating activities for Q3 2017 was ¥289,980,931.37, a significant improvement compared to a net outflow of ¥112,993,256.80 in the same period last year[33] - Total cash inflow from investment activities was ¥125,628,524.40, while cash outflow was ¥1,003,988,313.67, resulting in a net cash flow from investment activities of -¥878,359,789.27[33] - Cash inflow from financing activities reached ¥1,662,418,269.17, with cash outflow totaling ¥1,245,797,562.09, leading to a net cash flow from financing activities of ¥416,620,707.08[33] - The company reported a significant increase in cash inflow from investment activities to ¥637,904,478.83, compared to ¥11,241,488.22 in the previous year[34] - The cash outflow for investment activities was ¥1,270,185,761.91, resulting in a net cash flow from investment activities of -¥632,281,283.08 for the first nine months of 2017[34] Assets and Liabilities - Total assets increased by 15.77% to CNY 5,738,087,705.09 compared to the end of the previous year[6] - Current assets totaled CNY 2,776,257,474.28, up from CNY 2,732,394,242.22, indicating an increase of about 1.6%[18] - Total liabilities increased to CNY 2,203,911,842.95 from CNY 1,532,261,662.57, reflecting a growth of approximately 43.8%[19] - Owner's equity rose to CNY 3,534,175,862.14 from CNY 3,424,156,091.70, an increase of about 3.2%[19] - The company’s total liabilities to equity ratio increased, indicating a higher leverage position compared to the previous period[19] Shareholder Information - The total number of shareholders reached 154,038 by the end of the reporting period[10] - The top shareholder, Horgos Chuanshan Cultural Media Co., Ltd., holds 10.00% of shares, with 175,000,000 shares pledged[10] Strategic Focus - The company is focusing on market expansion and new product development strategies to enhance future growth[6] Financial Reporting - The report indicates that the financial statements have not been audited, ensuring transparency in the financial reporting process[5] Changes in Assets - Accounts receivable decreased by 35.01% to RMB 48,771,784.41 due to a reduction in bill settlement during the period[13] - Prepayments increased by 62.12% to RMB 232,548,654.45 primarily due to an increase in advance payments for goods[13] - Inventory rose by 54.32% to RMB 928,188,268.19 mainly due to the addition of the subsidiary Dream Factory[13] - Goodwill increased by 129.83% to RMB 1,456,530,839.59 as a result of the acquisition of the subsidiary Dream Factory[13] - The company reported a significant increase in other receivables, which rose to CNY 67,215,411.87 from CNY 30,933,300.63, a growth of approximately 117.5%[18] - The company’s goodwill increased to CNY 1,456,530,839.59 from CNY 633,751,421.62, representing a growth of about 130%[19] - Non-current assets totaled CNY 2,961,830,230.81, up from CNY 2,224,023,512.05, indicating an increase of approximately 33.2%[18] Expenses - Financial expenses surged by 172.11% to RMB 59,742,114.09 due to an increase in borrowings[14] - The financial expenses for Q3 2017 were ¥24,137,188.05, significantly higher than ¥6,518,924.40 in Q3 2016, indicating increased borrowing costs[25] - The company’s management expenses increased to ¥33,619,191.16 in Q3 2017 from ¥29,470,561.09 in Q3 2016, reflecting a rise of 14.5%[25] - The tax expenses for Q3 2017 were ¥4,450,474.75, compared to ¥2,807,300.61 in Q3 2016, showing an increase of 58.5%[26]