Chinese Media(SH:600373)2017-10-26 16:00Financial Performance - Operating revenue decreased by 2.49% to CNY 8.99 billion for the first nine months of the year[7] - Net profit attributable to shareholders increased by 11.41% to CNY 1.10 billion for the first nine months[7] - Basic and diluted earnings per share increased by 11.11% to CNY 0.80 per share[8] - The company reported a significant increase in other receivables, rising to CNY 2.03 billion from CNY 528.45 million, an increase of approximately 284.5%[24] - Total operating revenue for Q3 2017 was ¥2,999,077,718.68, a decrease of 3.9% compared to ¥3,121,495,164.31 in Q3 2016[27] - Net profit for Q3 2017 was ¥304,923,509.68, a decrease of 14.8% from ¥358,202,580.32 in Q3 2016[29] - The total comprehensive income for Q3 2017 was ¥282,992,039.23, down from ¥364,306,203.55 in Q3 2016, a decrease of 22.4%[30] - The company reported a total profit of ¥313,171,396.73 for Q3 2017, compared to ¥381,811,040.75 in Q3 2016, reflecting a decline of 17.9%[29] - The company’s investment income for Q3 2017 was ¥1,803,289.26, down from ¥3,640,751.01 in Q3 2016, a decrease of 50.5%[28] Cash Flow - Net cash flow from operating activities decreased significantly by 95.67% to CNY 32.87 million[7] - Net cash flow from operating activities decreased to ¥32,865,331.26 from ¥758,972,762.18, a decline of ¥726,107,430.92 or 95.67%, mainly due to unpaid government textbook reimbursements[15] - Investment activities generated a net cash flow of -¥3,026,134,353.70, worsening from -¥2,111,226,528.97, an increase in outflow of ¥914,907,824.73, reflecting higher external investment[15] - Financing activities produced a net cash flow of ¥1,105,258,337.52, up from ¥336,196,691.46, an increase of ¥769,061,646.06 or 228.75%, primarily due to the issuance of short-term financing bonds[15] - The net cash flow from operating activities for the year-to-date period is -1,054,935,897.83, a significant decline compared to -70,375,347.20 in the same period last year[41] - Cash outflow for operating activities reached 1,962,647,665.89, compared to 1,147,917,493.33 in the same period last year[41] - Cash outflow for investment activities totaled 774,190,884.63, significantly higher than 108,691,025.55 in the previous year[41] - The net cash flow from financing activities is 1,109,292,613.67, a substantial increase from 252,418,194.61 year-over-year[42] Assets and Liabilities - Total assets increased by 9.69% to CNY 20.68 billion compared to the end of the previous year[7] - Current assets rose to CNY 13.30 billion, up from CNY 11.40 billion, indicating an increase of about 16.6%[20] - Total liabilities rose to CNY 8.67 billion from CNY 7.64 billion, an increase of about 13.5%[21] - Current liabilities increased to CNY 7.46 billion from CNY 5.93 billion, representing a growth of approximately 25.8%[21] - The company's equity increased to CNY 12.01 billion from CNY 11.21 billion, reflecting a growth of approximately 7.1%[21] - The total assets as of the end of Q3 2017 were ¥11,495,736,470.23, up from ¥9,568,393,523.24 year-over-year, indicating a growth of 20.2%[28] Shareholder Information - The total number of shareholders reached 32,405 by the end of the reporting period[11] - The largest shareholder, Jiangxi Publishing Group, holds 54.83% of the shares[11] Expenses - Management expenses rose to ¥1,384,056,625.17 from ¥849,901,629.62, an increase of ¥534,154,995.55 or 62.85%, driven by increased R&D investments[15] - Sales expenses decreased to ¥877,695,617.55 from ¥1,760,540,076.93, a reduction of ¥882,844,459.38 or 50.15%, as the COK game entered a mature phase with reduced advertising spending[15] - Financial expenses decreased to CNY 31,579,993.75 from CNY 42,433,354.10, a reduction of 25.6% year-over-year[34]