FACS(SH:600651)2016-10-28 16:00Financial Performance - Operating revenue for the first nine months reached CNY 4.98 billion, a 64.28% increase year-on-year[6]. - Net profit attributable to shareholders decreased by 43.84% to CNY 109.99 million compared to the same period last year[6]. - Basic and diluted earnings per share both decreased by 44.22% to CNY 0.111[7]. - The company reported a significant increase in cash paid for employee compensation, totaling $35,227,680.77, compared to $16,314,058.02 in the previous year, an increase of 116%[37]. - The company reported a total comprehensive loss of -34,284,076.87 yuan for Q3 2016, compared to -39,262,424.52 yuan in the same quarter last year[31]. Assets and Liabilities - Total assets increased by 49.51% to CNY 12.51 billion compared to the end of the previous year[6]. - The company reported a decrease in net assets attributable to shareholders by 0.18% to CNY 3.25 billion[6]. - Current liabilities rose to CNY 6.67 billion, compared to CNY 4.65 billion in the previous year, reflecting an increase of about 43.3%[22]. - Non-current liabilities increased significantly to CNY 2.35 billion from CNY 0.35 billion, marking a rise of approximately 570.5%[22]. - The total liabilities reached CNY 9.03 billion, up from CNY 5.01 billion, indicating a growth of around 80.4%[22]. Cash Flow - Net cash flow from operating activities was negative at CNY -1.36 billion for the first nine months[6]. - The net cash flow from operating activities was -¥1,358,335,345.28, a decrease of 163% compared to the previous period, due to slower cash recovery from large lighting projects[14]. - The company’s investment activities resulted in a net cash outflow of -986,093,743.19 yuan for the first nine months, compared to -125,917,302.71 yuan in the same period last year[35]. - Cash inflow from operating activities totaled $58,683,487.07, up from $31,183,789.73 in the previous year, representing an increase of 88%[37]. - Total cash outflow for operating activities was $166,004,896.79, compared to $97,933,672.51 in the previous year, reflecting a 69% increase[37]. Shareholder Information - The total number of shareholders reached 65,977 by the end of the reporting period[9]. - The largest shareholder, Shanghai Yidian Electronics (Group) Co., Ltd., holds 21.70% of the shares[9]. Acquisitions and Investments - The company plans to acquire the remaining 20% stake in Hong Kong Exim for €2.6 million within nine months after the completion of the initial acquisition[15]. - The company reported a 409% increase in intangible assets, totaling ¥713,431,057.95, attributed to the acquisition of Xiwannian Company[12]. - The goodwill increased by 49% to ¥1,634,556,551.89, resulting from the acquisition of Xiwannian Company[12]. - The company has completed 80% of the share transfer payment for Shanghai Shenglan Industrial Co., Ltd., amounting to ¥56,400,000[15]. - The company is currently undergoing government approval processes for the acquisition of the remaining stake in Hong Kong Exim[16]. Revenue and Costs - The company incurred total operating expenses of 5,087,092,957.48 yuan in the first nine months, compared to 2,725,869,654.69 yuan in the same period last year, reflecting a 87.5% increase[34]. - Total operating revenue for Q3 2016 reached ¥1,957,198,657.49, an increase of 25.4% compared to ¥1,560,224,238.57 in Q3 2015[27]. - Total operating costs for Q3 2016 were ¥1,913,486,068.35, up 31.7% from ¥1,452,632,326.46 in the same period last year[27]. - The total operating revenue for the first nine months of 2016 was ¥4,984,395,536.67, an increase of 64.4% compared to ¥3,034,025,253.33 in the same period last year[27].