AJ GROUP(SH:600643)2016-10-27 16:00Financial Performance - Net profit attributable to shareholders increased by 7.71% to CNY 462.30 million year-on-year[6] - Operating revenue for the first nine months rose by 32.76% to CNY 347.54 million compared to the same period last year[6] - The company reported a net profit of CNY 445.76 million after deducting non-recurring gains and losses, an increase of 11.97% year-on-year[6] - Total revenue for Q3 2016 was CNY 346,038,561.96, an increase of 10.75% compared to CNY 312,459,746.27 in Q3 2015[42] - Net profit for Q3 2016 reached ¥150,015,406.77, compared to ¥128,338,457.38 in Q3 2015, reflecting a year-over-year increase of 16.1%[44] - The total profit for Q3 2016 was ¥203,010,151.36, up from ¥167,587,207.42 in the same quarter last year, indicating a growth of 21.1%[44] Assets and Liabilities - Total assets increased by 11.03% to CNY 11.91 billion compared to the end of the previous year[6] - The company's total liabilities decreased by 54.80% in accounts payable, reflecting payments made towards project investments[15] - Current liabilities rose to CNY 3,653,187,894.66, up from CNY 3,197,766,841.66, indicating an increase of about 14.25%[35] - Non-current liabilities totaled CNY 2,045,998,172.82, compared to CNY 1,774,602,490.08, marking a rise of approximately 15.27%[35] - Owner's equity increased to CNY 6,212,591,342.33 from CNY 5,755,905,797.26, showing a growth of about 7.91%[35] Cash Flow - Net cash flow from operating activities decreased by 16.16% to CNY 568.17 million year-to-date[6] - Cash flow from operating activities generated a net cash inflow of approximately ¥568.17 million, down from ¥677.70 million in the previous year[50] - Cash flow from investment activities resulted in a net outflow of approximately ¥821.38 million, an improvement from a net outflow of ¥2.14 billion in the previous year[50] - Cash flow from financing activities yielded a net inflow of approximately ¥690.10 million, compared to a net inflow of ¥1.41 billion in the previous year[50] Shareholder Information - The total number of shareholders reached 96,177 by the end of the reporting period[10] - The largest shareholder holds 12.30% of the shares, while the second-largest holds 7.08%[10] - The company has committed to not transferring the shares acquired by Shanghai JunYao Group within 36 months, ensuring stability in its shareholder structure[29] Investments and Acquisitions - The company acquired a total of 11.2% equity in GaoRui Vision for a total consideration of RMB 67,200 million through three separate agreements[25] - The company successfully exercised its right to acquire 28.636% equity in AiJian Securities for RMB 143,325 million, making it the second-largest shareholder[27] - The company received approval from the China Securities Regulatory Commission for its non-public issuance of A-shares, indicating progress in its capital raising efforts[23] Operating Costs - The company reported a significant increase in cash and cash equivalents, with a balance of RMB 1,593,131,305.46 as of September 30, 2016, compared to RMB 1,154,778,571.39 at the beginning of the year, reflecting a growth of approximately 38%[33] - The company reported a 69.72% increase in operating costs, reaching ¥193,706,406.22, primarily due to rising trade business costs[18] - The company reported a total operating cost of ¥516,119,036.62 for the first nine months of 2016, compared to ¥460,453,051.47 in the same period of 2015, indicating a rise of 12.1%[43] Strategic Plans - The company plans to adjust its restructuring scheme to better align with its strategic positioning in the financial sector[20] - The company is focusing on expanding its market presence and enhancing its product offerings through strategic investments and potential acquisitions[35]