IMS(SH:600556)2015-10-26 16:00Financial Performance - Net profit attributable to shareholders increased by 301.59% to CNY 1,061,493.09 year-on-year[6] - Operating revenue rose by 56.46% to CNY 49,454,843.56 compared to the same period last year[6] - Basic earnings per share increased by 285.71% to CNY 0.0027[6] - The company reported a net loss of CNY -792,417,844.39, slightly improved from CNY -793,479,337.48 at the beginning of the year[21] - The net profit for the first three quarters of 2015 was a loss of ¥1,061,133.70, compared to a profit of ¥264,323.07 in the previous year[28] - The company reported an operating loss of ¥762,433.18 in Q3 2015, compared to an operating profit of ¥476,140.90 in Q3 2014[28] - The total operating profit for the year-to-date period was a loss of CNY 2.056 billion, an improvement from a loss of CNY 3.182 billion in the previous year[31] Asset and Liability Changes - Total assets increased by 101.37% to CNY 109,692,535.68 compared to the end of the previous year[6] - Total current assets increased to CNY 109,113,999.56 from CNY 53,914,144.85 at the beginning of the year[20] - Total liabilities increased to CNY 106,149,437.61 from CNY 52,490,619.78 at the beginning of the year[21] - The total liabilities as of the end of the reporting period amounted to ¥89,857,409.51, compared to ¥44,985,212.72 at the same time last year[27] - The owner's equity totaled -¥10,500,353.26, a decrease from -¥8,443,853.56 year-on-year[27] Cash Flow Analysis - Cash flow from operating activities showed a significant decline, with a net outflow of CNY 70,132,802.62, compared to a net outflow of CNY 668,333.06 in the previous year[6] - Net cash flow from operating activities decreased by 10,393.69% year-to-date compared to the same period last year, mainly due to prepayment of engineering fees and repayment of debts[16] - Cash inflows from operating activities for the first nine months of 2015 amounted to CNY 85.26 million, up from CNY 53.72 million in the same period last year[33] - The net cash flow from operating activities was a negative CNY 70.13 million, compared to a negative CNY 668,333 in the previous year[34] - Cash inflow from operating activities totaled 6,356,976.55 RMB, up from 5,098,305.36 RMB year-on-year[35] - Cash outflow from operating activities increased to 61,709,093.33 RMB, compared to 3,740,923.26 RMB in the previous year[35] - The ending balance of cash and cash equivalents was 200,603.18 RMB, down from 17,931,858.75 RMB year-on-year[36] Operational Metrics - The weighted average return on equity increased by 24.70 percentage points to 42.24%[6] - Operating costs increased by 53.92% year-to-date compared to the same period last year, driven by the increase in revenue[16] - The company incurred operating expenses of ¥15,153,207.03 in Q3 2015, which is an increase of 49.8% from ¥10,124,075.99 in Q3 2014[27] - The company reported a gross profit margin of approximately 10.3% for the first three quarters of 2015, down from 11.5% in the same period last year[27] Shareholder and Financing Activities - The company plans to address funding needs for its smart city business through loans and shareholder borrowings after its non-public offering was not approved[14] - The company’s chairman and a major shareholder committed to increasing their holdings by at least 1,000,000 shares within four months, and this commitment is being fulfilled[15] - Cash inflow from financing activities amounted to 42,500,000.00 RMB, with no cash outflow reported[36] - The company received CNY 55 million from financing activities, indicating a strategy to bolster liquidity[34] Receivables and Payables - Accounts receivable increased by 96.34% compared to the beginning of the year, mainly due to an increase in engineering projects[13] - Prepaid accounts increased by 9029.60% compared to the beginning of the year, attributed to increased advance payments for projects[13] - Accounts payable increased by 318.34% compared to the beginning of the year, mainly due to the purchase of engineering materials[16] - Advance receipts increased by 139.26% compared to the beginning of the year, primarily due to the increase in property fees[16] Investment Activities - Investment activities generated a net cash flow increase of 4,391.98% year-to-date compared to the same period last year, mainly due to the recovery of principal from bank wealth management products[16] - The company reported investment income of CNY 14.47 million for the year-to-date period, a decrease from CNY 378.42 million last year[30] - Investment activities generated a net cash flow of 12,051,780.82 RMB, a recovery from -9,621,583.57 RMB in the same period last year[35]