外服控股(600662) - 2017 Q3 - 季度财报

Important Notice The board of directors, supervisory board, and senior management ensure the truthfulness, accuracy, and completeness of this quarterly report, assuming legal responsibility Board Statement and Audit Status The company's board of directors, supervisory board, and senior management confirm the accuracy and completeness of this quarterly report, which remains unaudited - The company's management guarantees the truthfulness, accuracy, and completeness of this quarterly report, free from false statements, misleading representations, or material omissions, and assumes legal responsibility[5] - This company's Q3 2017 report is unaudited[5] Company Overview This section provides an overview of the company's fundamental information, including key financial data and shareholder structure Key Financial Data As of Q3 2017, the company's core financial metrics showed significant year-over-year declines, with total assets decreasing by 9.09% from the year-end, and net profit attributable to shareholders sharply down by 64.76% | Indicator | Period-End / Year-to-Date (Jan-Sep) | Prior Year-End / Prior Period (Jan-Sep) | Change (%) | | :--- | :--- | :--- | :--- | | Total Assets (CNY) | 6,011,309,965.42 | 6,612,191,923.45 | -9.09% | | Net Assets Attributable to Shareholders (CNY) | 3,197,406,460.52 | 3,257,450,777.66 | -1.84% | | Operating Revenue (CNY) | 2,893,378,067.05 | 3,250,157,146.87 | -10.98% | | Net Profit Attributable to Shareholders (CNY) | 46,311,718.87 | 131,400,888.01 | -64.76% | | Net Profit Attributable to Shareholders (Excl. Non-recurring Items) (CNY) | 14,972,024.47 | 106,263,912.19 | -85.91% | | Net Cash Flow from Operating Activities (CNY) | 523,112,606.24 | 966,370,482.94 | -45.87% | | Basic Earnings Per Share (CNY/share) | 0.0440 | 0.1247 | -64.72% | | Non-recurring Gains and Losses | Year-to-Date Amount (CNY) | Explanation | | :--- | :--- | :--- | | Gains/Losses from Disposal of Non-current Assets | 19,450,244.90 | Equity transfer gains, vehicle disposal losses | | Government Subsidies | 22,580,610.84 | Government support funds | | Other Non-operating Income and Expenses | 2,664,283.07 | - | | Total | 31,339,694.40 | - | Shareholder Information at Period-End As of the reporting period end, the company had 98,155 common shareholders, with Shanghai Jiushi (Group) Co., Ltd. as the largest shareholder holding 48.00% of shares, none of which are pledged or frozen - As of the reporting period end, the company had 98,155 shareholders[9] | Shareholder Name | Shares Held at Period-End | Percentage (%) | Shareholder Nature | | :--- | :--- | :--- | :--- | | Shanghai Jiushi (Group) Co., Ltd. | 505,643,561 | 48.00 | State-owned Legal Person | | CSI Shanghai State-owned Enterprise ETF | 6,405,889 | 0.61 | Unknown | | PICC Asset Management Anxin Return Product | 6,099,994 | 0.58 | Unknown | | Fang Shan Zhu | 5,571,840 | 0.53 | Domestic Natural Person | - The company is unaware of any关联关系 (related party relationships) or一致行动关系 (acting-in-concert relationships) among the top ten shareholders[11] Preferred Shareholder Information at Period-End During the reporting period, the company had no preferred shares or preferred shareholders - The company has no preferred shareholder information to report[11] Significant Matters This section details significant changes in the company's financial items and other important matters during the reporting period Analysis of Significant Changes in Key Financial Items During the reporting period, several financial items experienced significant changes, primarily due to the impact of macroeconomic controls on the real estate business, leading to reduced sales and revenue | Balance Sheet Item | Change (%) | Primary Reason | | :--- | :--- | :--- | | Monetary Funds | -35.43% | Repayment of matured short-term financing bills, payment for investments and cash dividends | | Available-for-Sale Financial Assets | 100.46% | Capital increase in Sande Yinkatong Information Service Co., Ltd. | | Long-term Equity Investments | -31.37% | Transfer of equity in Shanghai Bus Tourism Shipping Co., Ltd. | | Investment Properties | 100.63% | Certain self-owned properties leased out, transferred from fixed assets | | Other Current Liabilities | -100.00% | Repayment of matured short-term financing bills | | Other Non-current Liabilities | 100.00% | Receipt of special subsidy funds for redundant personnel | | Income Statement Item | Change (%) | Primary Reason | | :--- | :--- | :--- | | Operating Revenue | -10.98% | Decrease in real estate project sales recognition | | Business Taxes and Surcharges | -57.33% | Decrease in real estate sales, leading to a corresponding reduction in related taxes and fees | | Financial Expenses | -47.45% | Repayment of short-term financing bills, reduction in interest-bearing debt | | Investment Income | 270.15% | Receipt of dividends from Sande Yinkatong Co. and equity transfer gains | | Total Profit | -61.64% | Decrease in real estate project sales and decline in car rental business performance | | Net Profit Attributable to Parent | -64.76% | Decrease in real estate project sales and decline in car rental business performance | | Cash Flow Statement Item | Change (%) | Primary Reason | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -45.87% | Decrease in real estate project sales recognition and reduction in advance receipts for housing | | Net Cash Flow from Investing Activities | 44.74% | Higher tax payments on disposal of long-term assets in prior year, reduced investment in vehicle updates this period | | Net Cash Flow from Financing Activities | -137.08% | Repayment of short-term financing bills issued in 2016 during this period | | Net Increase in Cash and Cash Equivalents | -2423.08% | Repayment of matured short-term financing bills, payment for investments | Other Significant Matters During the reporting period, there were no significant matter developments, overdue unfulfilled commitments, or warnings regarding potential losses or significant changes in cumulative net profit for the next reporting period - No significant matter developments, overdue unfulfilled commitments, or profit warnings requiring special disclosure during the reporting period[16] Appendix This section includes the company's unaudited financial statements for the period ended September 30, 2017 Financial Statements This chapter presents the company's unaudited consolidated and parent company balance sheets as of September 30, 2017, and consolidated and parent company income statements and cash flow statements for January-September 2017 Consolidated Balance Sheet As of September 30, 2017, the company's total assets were CNY 6.01 billion, a 9.09% decrease from the beginning of the year, with total liabilities at CNY 2.44 billion and owner's equity attributable to the parent company at CNY 3.20 billion | Item | Period-End Balance (CNY) | Year-Beginning Balance (CNY) | | :--- | :--- | :--- | | Total Assets | 6,011,309,965.42 | 6,612,191,923.45 | | Total Liabilities | 2,441,650,292.71 | 2,974,335,229.65 | | Total Owner's Equity Attributable to Parent Company | 3,197,406,460.52 | 3,257,450,777.66 | | Total Liabilities and Owner's Equity | 6,011,309,965.42 | 6,612,191,923.45 | Parent Company Balance Sheet As of September 30, 2017, the parent company's total assets were CNY 4.18 billion, a slight increase from the beginning of the year, with total liabilities at CNY 819.61 million and owner's equity at CNY 3.36 billion | Item | Period-End Balance (CNY) | Year-Beginning Balance (CNY) | | :--- | :--- | :--- | | Total Assets | 4,178,589,465.04 | 4,123,198,181.85 | | Total Liabilities | 819,608,195.85 | 749,391,221.10 | | Total Owner's Equity | 3,358,981,269.19 | 3,373,806,960.75 | | Total Liabilities and Owner's Equity | 4,178,589,465.04 | 4,123,198,181.85 | Consolidated Income Statement For the first three quarters of 2017 (Jan-Sep), the company's total operating revenue was CNY 2.89 billion, a 10.98% year-over-year decrease, with net profit attributable to parent company owners significantly declining by 64.76% to CNY 46.31 million | Item (Jan-Sep) | 2017 (CNY) | 2016 (CNY) | | :--- | :--- | :--- | | Total Operating Revenue | 2,893,378,067.05 | 3,250,157,146.87 | | Operating Profit | 60,577,959.20 | 168,624,096.28 | | Total Profit | 79,114,080.76 | 206,261,728.97 | | Net Profit Attributable to Parent Company Owners | 46,311,718.87 | 131,400,888.01 | | Basic Earnings Per Share (CNY/share) | 0.0440 | 0.1247 | Parent Company Income Statement For the first three quarters of 2017 (Jan-Sep), the parent company's operating revenue was CNY 123.84 million, largely consistent with the prior year, and net profit was CNY 90.51 million, a slight decrease | Item (Jan-Sep) | 2017 (CNY) | 2016 (CNY) | | :--- | :--- | :--- | | Operating Revenue | 123,836,198.33 | 125,793,987.06 | | Operating Profit | 94,319,433.90 | 102,270,639.12 | | Total Profit | 97,902,820.11 | 105,717,121.93 | | Net Profit | 90,510,458.36 | 92,479,694.19 | Consolidated Cash Flow Statement For the first three quarters of 2017 (Jan-Sep), net cash flow from operating activities was CNY 523.11 million, a 45.87% year-over-year decrease, while net cash flow from financing activities was a net outflow of CNY 557.76 million due to debt repayment | Item (Jan-Sep) | 2017 (CNY) | 2016 (CNY) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 523,112,606.24 | 966,370,482.94 | | Net Cash Flow from Investing Activities | -393,872,355.47 | -712,756,601.76 | | Net Cash Flow from Financing Activities | -557,759,955.41 | -235,257,995.43 | | Net Increase in Cash and Cash Equivalents | -428,517,384.79 | 18,446,092.43 | | Cash and Cash Equivalents at Period-End | 767,619,438.71 | 940,106,484.01 | Parent Company Cash Flow Statement For the first three quarters of 2017 (Jan-Sep), the parent company's net cash flow from operating activities turned to a net inflow of CNY 398.87 million, while net cash flow from financing activities resulted in a net outflow of CNY 543.51 million | Item (Jan-Sep) | 2017 (CNY) | 2016 (CNY) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 398,869,419.70 | -79,845,907.39 | | Net Cash Flow from Investing Activities | -26,515,883.59 | 383,112,987.51 | | Net Cash Flow from Financing Activities | -543,509,125.19 | -200,468,719.66 | | Net Increase in Cash and Cash Equivalents | -171,155,589.08 | 102,798,360.46 | | Cash and Cash Equivalents at Period-End | 504,481,626.66 | 303,499,295.55 | Audit Report This quarterly financial report remains unaudited - The audit report section indicates "not applicable," consistent with the statement at the beginning of the report that "this company's Q3 report is unaudited"[5][35]