TMSP(SH:600671)2017-06-07 16:00Financial Performance - Operating revenue for the first nine months rose by 13.77% to CNY 77,692,494.11 compared to the same period last year[8] - Net profit attributable to shareholders of the listed company improved to a loss of CNY -475,340.26, compared to a loss of CNY -12,534,822.57 in the previous year[8] - The weighted average return on net assets was -0.8346%, an improvement from -17.2967% in the previous year[8] - Basic and diluted earnings per share were both CNY -0.0039, an improvement from CNY -0.1029 in the previous year[8] - Operating income decreased by 36.79% to ¥4,510,314.73, primarily due to reduced compensation for business interruptions[16] - The company reported a total operating cost of ¥92,916,222.39 for the first nine months, up from ¥80,921,632.08 in the previous year, reflecting a rise of 14.5%[35] - The operating profit for the first nine months of 2016 was ¥7,721,561.14, compared to a loss of ¥5,155,345.52 in the same period last year[40] - The net profit for Q3 2016 reached ¥7,797,086.86, a significant recovery from a net loss of ¥5,537,926.19 in the same period last year[41] - The total comprehensive income for the period was ¥7,797,086.86, contrasting with a total comprehensive loss of ¥5,537,926.19 in the previous year[41] Assets and Liabilities - Total assets increased by 6.04% to CNY 297,307,676.34 compared to the end of the previous year[8] - The company reported a total equity of 62,193,595.80 RMB as of September 30, 2016, slightly down from 62,756,381.77 RMB at the beginning of the year[28] - The company's total liabilities as of September 30, 2016, were 235,114,080.54 RMB, up from 217,625,835.78 RMB at the start of the year[28] - Total liabilities amounted to ¥182,648,805.24, an increase from ¥159,814,607.05 at the beginning of the year, representing a growth of 14.3%[32] - The company’s total liabilities increased significantly, reflecting the impact of new financing activities[15] Cash Flow - The net cash flow from operating activities improved to CNY -3,059,458.62, compared to CNY -12,349,093.56 in the previous year[8] - The net cash flow from financing activities increased significantly to 30,579,908.09 RMB, a 458.12% increase from -8,539,046.35 RMB in the prior period, primarily due to new bank loans[17] - The cash inflow from operating activities for the first nine months of 2016 was 37,045,082.48 RMB, down from 42,856,310.64 RMB in the same period last year[46] - The total cash outflow for operating activities in the first nine months was 43,158,550.85 RMB, compared to 38,521,193.99 RMB in the same period last year[46] - The net cash flow from investing activities for the first nine months was -6,053,143.40 RMB, slightly worse than -5,661,364.46 RMB in the previous year[44] Shareholder Information - The total number of shareholders reached 9,843 by the end of the reporting period[12] - The largest shareholder, Changcheng Film and Television Culture Group, held 24.53% of shares, with 29,866,428 shares pledged[12] Government Support and Investments - The company received government subsidies amounting to CNY 350,893.96 during the reporting period[10] - The company recorded investment income of ¥10,712,424.00 for the first nine months of 2016, contributing positively to the overall profit[40] Operational Changes and Future Plans - The company is currently undergoing a major asset restructuring, with stock trading suspended since August 15, 2016, and ongoing discussions regarding the restructuring plan[18] - The company has committed to not discussing major asset restructuring matters for three months following an investor meeting held on April 6, 2016[21] - The company is actively pursuing the completion of its major asset restructuring, although uncertainties remain regarding the timeline and specifics of the transaction[20] - The company expects to complete the GMP certification upgrade by the end of November 2016, with the submission to the certification center planned for March 2017[17] - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[36]