Hunan (SH:600476)2016-10-28 16:00Financial Performance - Operating revenue for the first nine months reached CNY 207,988,029.13, a 53.85% increase year-on-year[5] - The company reported a basic earnings per share of -CNY 0.029, improving from -CNY 0.081 in the same period last year[5] - Total operating revenue for Q3 was 78,510,208.54 RMB, a 88.1% increase from 41,660,232.79 RMB in the same period last year[26] - Total profit for the first nine months was -3,728,045.96 RMB, compared to -13,000,620.90 RMB in the same period last year[31] - The company reported a net loss of ¥119,402,548.31, compared to a loss of ¥114,684,934.18 at the beginning of the year[20] - Net profit for Q3 was -502,056.94 RMB, compared to -7,679,709.27 RMB in the same period last year, indicating a significant reduction in losses[29] Assets and Liabilities - Total assets increased by 16.47% to CNY 394,180,244.59 compared to the end of the previous year[5] - Current assets rose to ¥320,364,140.59, up from ¥262,963,515.33, indicating an increase of about 21.8%[18] - Total liabilities rose to ¥207,595,813.49 from ¥147,134,043.30, an increase of approximately 41.1%[19] - Short-term borrowings increased by 49.88% to ¥120,200,000.00, reflecting an expansion in the company's loan scale[11] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 59,094,217.14, compared to a net outflow of CNY 27,617,202.01 in the previous year[5] - Cash outflows from operating activities totaled ¥255,291,956.88, a 39.10% increase compared to the previous period, due to higher procurement and payroll expenses[12] - The net cash flow from operating activities for the first nine months was -CNY 59.1 million, worsening from -CNY 27.6 million year-over-year[35] - The company’s cash flow from financing activities showed a net increase of CNY 36 million, contrasting with a net outflow of -CNY 13.4 million in the previous year[40] Shareholder Information - The company had a total of 15,810 shareholders at the end of the reporting period[9] - The largest shareholder, Beijing Zhongyou Asset Management Co., Ltd., held 53,128,388 shares, accounting for 32.98% of total shares[9] Government Support - The company received government subsidies amounting to CNY 2,986,767.00 for the year-to-date[6] Expenses - Total operating costs rose by 41.17% to ¥215,579,675.57, primarily due to increased revenue leading to higher costs[11] - The company incurred CNY 32.4 million in employee compensation during the first nine months, up from CNY 18.8 million year-over-year, indicating a rise in workforce expenses[35] - Sales expenses for Q3 were 3,499,168.51 RMB, an increase from 2,229,596.98 RMB in the same period last year[31] Investment and Income - Investment income decreased by 30.00% to ¥985,060.40, due to reduced investment dividends[11] - The company reported a total operating revenue of 207,988,029.13 RMB for the first nine months, a 54.0% increase from 135,186,718.37 RMB year-over-year[26]