SHSTC(SH:600620)2016-10-28 16:00Financial Performance - Operating revenue increased by 5.31% to CNY 37,176,313.89 for the period from January to September[6] - Net profit attributable to shareholders decreased by 21.35% to CNY 52,118,994.73 for the period from January to September[6] - Basic and diluted earnings per share decreased by 47.55% to CNY 0.0759[7] - The company's net profit for the first three quarters of 2016 was CNY 178,147,716.42, down from CNY 366,211,958.20 in the same period last year[29] - The company's total profit for the first nine months of 2016 was CNY 59,139,518.90, compared to CNY 49,881,053.36 in the same period last year, reflecting an increase of approximately 18.1%[37] - The investment income for the first nine months of 2016 was CNY 70,052,250.92, up from CNY 57,729,486.24 in the same period last year, marking an increase of about 21.3%[37] Assets and Liabilities - Total assets decreased by 34.00% to CNY 3,560,297,958.40 compared to the end of the previous year[6] - The company's total liabilities as of September 30, 2016, amounted to CNY 866,168,502.42, down from CNY 1,344,832,797.69 at the beginning of the year[29] - The company's equity attributable to shareholders was CNY 2,999,458,470.90, down from CNY 4,358,449,441.74 at the beginning of the year[29] - The company's available-for-sale financial assets decreased by 40.47% to CNY 2,754.24 million compared to the beginning of the year, primarily due to changes in the fair value of shares held in Greenland Holdings Group Co., Ltd.[14] - Long-term equity investments fell by 76.95% to CNY 12.50 million, mainly due to the transfer of equity in Shanghai Junwei Enterprise Management Consulting Co., Ltd.[14] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 15,886,091.65, compared to a net inflow of CNY -3,803,411.80 in the previous year[6] - The net cash flow from operating activities was negative at CNY -158.86 million, a decrease of CNY 120.83 million compared to the previous year, mainly due to increased operating cash outflows[17] - The net cash flow from investment activities was negative at CNY -895.29 million, a decrease of CNY 1,509.68 million year-on-year, driven by increased cash outflows for short-term financial products and external investments[17] - The net cash flow from financing activities was negative at CNY -129.76 million, a decrease of CNY 190.68 million compared to the previous year, due to reduced cash outflows for dividend distributions[17] Shareholder Information - The total number of shareholders reached 25,971 at the end of the reporting period[10] - The largest shareholder, Shanghai Zhongsheng Hongqiao Enterprise Management Co., Ltd., holds 25.08% of the shares[10] - The company has committed to not reducing its shareholding in the company within the statutory period, with a promise to increase its holdings by at least 1% of the total shares issued, not exceeding 2.9%[19] - As of January 28, 2016, the company had cumulatively increased its shareholding by 9,544,451 shares, accounting for approximately 2.08% of the total share capital[20] Operational Costs and Expenses - Total operating costs for the first three quarters of 2016 were CNY 57,489,227.63, compared to CNY 46,063,209.88 in the previous year, indicating a significant increase[33] - The company's management expenses increased by 46.00% to CNY 361.77 million, mainly due to the establishment of new departments and related personnel costs.[16] Other Financial Metrics - The weighted average return on equity decreased by 1.53 percentage points to 1.47%[6] - The company's total comprehensive income for the first nine months of 2016 was a loss of CNY 1,343,003,201.56, compared to a profit of CNY 2,754,554,077.46 in the same period last year, showing a significant downturn[38] - The financial expenses for the first nine months of 2016 were -CNY 3,792,267.78, an improvement from -CNY 5,639,304.48 in the same period last year, indicating better cost management[37]