SWSC(SH:600369)2017-10-30 16:00Financial Performance - Net profit attributable to shareholders decreased by 44.11% year-on-year, totaling ¥590,529,184.40[7] - Operating revenue for the first nine months was ¥2,227,012,621.83, a decline of 24.60% compared to the same period last year[7] - Basic earnings per share dropped by 47.37% to ¥0.10[7] - Net profit for the first nine months of 2017 was CNY 602.67 million, down from CNY 1.09 billion in the same period last year, indicating a decrease of about 44.6%[26] - Operating income for Q3 2017 was CNY 861.08 million, a decrease of 9.4% compared to CNY 950.52 million in Q3 2016[26] - Net profit for the first nine months of 2017 reached ¥575.27 million, down 47.4% from ¥1.09 billion in the same period last year[28] - Total operating expenses for the first nine months of 2017 were ¥1.22 billion, down 20.8% from ¥1.54 billion in the same period last year[28] Assets and Liabilities - Total assets decreased by 12.96% compared to the end of the previous year, amounting to ¥61,796,137,530.26[7] - Total liabilities decreased by 18.69% to ¥41,716,184,343.87, primarily due to the repayment of short-term financing loans[19] - The total liability of CNY 33.95 billion, down from CNY 42.24 billion at the beginning of the year, a reduction of approximately 19.5%[22] - The total equity increased to CNY 18.95 billion from CNY 18.54 billion at the beginning of the year, reflecting a growth of about 2.2%[24] - The company’s cash and cash equivalents decreased from CNY 15.81 billion at the beginning of the year to CNY 10.62 billion, a decline of about 32.5%[22] Cash Flow - The net cash flow from operating activities was negative at -¥1,565,837,345.62 for the first nine months[7] - Cash flow from operating activities showed a net outflow of ¥1.57 billion for the first nine months of 2017, compared to a net outflow of ¥13.21 billion in the same period last year[29] - Net cash flow from operating activities for the first nine months of 2017 was -1,733,857,724.53 RMB, compared to -8,818,444,145.21 RMB in the same period last year, showing an improvement[30] - The net cash flow from investing activities was ¥3.52 billion for the first nine months of 2017, compared to a net outflow of ¥1.57 billion in the same period last year[29] - The company experienced a significant decrease in cash flow from financing activities, with a net outflow of ¥7.56 billion in the first nine months of 2017, compared to an inflow of ¥10.35 billion in the same period last year[29] Income and Revenue Sources - Net commission and fee income fell by 45.61% to ¥1,045,923,046.15 primarily due to a decline in investment banking revenue[11] - The company’s investment income for the first nine months was CNY 1.24 billion, up from CNY 1.01 billion in the previous year, marking an increase of approximately 22.8%[26] - Investment income for the first nine months of 2017 was ¥1.09 billion, an increase of 18.5% compared to ¥920.05 million in the same period last year[28] - Other business income increased by 97.84% to ¥17,976,092.73, mainly from increased personal income tax withholding fees[11] Shareholder Information - The total number of shareholders reached 149,602 by the end of the reporting period[9] - The largest shareholder, Chongqing Yufu Asset Management Group, holds 26.99% of the shares, totaling 1,523,443,610 shares[9] Other Financial Metrics - The weighted average return on net assets decreased by 2.52 percentage points to 3.08%[7] - The company reported a loss of -¥60,810.28 from the disposal of non-current assets in the current period[7] - Accounts receivable decreased by 41.81% to ¥115,081,053.12 due to the recovery of settlement funds[11] - Margin deposits decreased by 51.71% to ¥301,897,134.35 as a result of reduced futures margin[11] - Deferred tax assets increased by 77.59% to ¥287,914,864.59, mainly due to an increase in deferred tax arising from employee compensation[11] - Other comprehensive income rose significantly by 884.29% to ¥418,663,237.14, attributed to gains from available-for-sale financial assets[11] - The company has initiated legal proceedings to recover debts totaling ¥117 million from a stock pledge dispute[12]