QJCT(SH:600706)2015-10-29 16:00Financial Performance - Net profit attributable to shareholders of the listed company was CNY 49,747,281.40, representing a growth of 9.69% year-on-year[6] - Operating revenue for the period was CNY 746,176,072.07, a decrease of 7.81% compared to the same period last year[6] - Basic and diluted earnings per share were both CNY 0.28, an increase of 12% from CNY 0.25[6] - The company reported a net loss of CNY 96.87 million, improving from a loss of CNY 128.35 million in the previous period[25] - The net profit for the first nine months of 2015 reached ¥31,482,265.84, representing an increase of 5.1% from ¥29,941,971.14 in the same period last year[32] - The net profit for Q3 2015 was ¥22.25 million, slightly up from ¥22.24 million in Q3 2014, reflecting a marginal increase of 0.04%[27] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 1,808,040,101.50, an increase of 3.78% compared to the end of the previous year[6] - The total current liabilities decreased from CNY 151,000,000.00 to CNY 121,000,000.00, a reduction of approximately 19.9%[21] - Total liabilities increased to CNY 970.34 million from CNY 955.92 million, representing a growth of approximately 1.4%[22] - The company's long-term borrowings increased by 78.38% to RMB 264,000,000.00 from RMB 148,000,000.00, reflecting a significant rise in debt financing[12] - The company’s non-current liabilities totaled CNY 275.54 million, compared to CNY 160.30 million, showing an increase of 71.8%[25] Cash Flow - Cash flow from operating activities generated CNY 55,129,789.40, a significant improvement of 174.55% compared to a cash outflow of CNY 73,949,451.69 in the previous year[6] - The cash flow from operating activities for the first nine months of 2015 was ¥55,129,789.40, a turnaround from a negative cash flow of ¥73,949,451.69 in the same period last year[35] - The total cash outflow from operating activities was ¥270,641,518.45, significantly lower than ¥467,112,369.93 in the previous year, indicating improved cost management[38] - The overall net increase in cash and cash equivalents for the period was ¥28,719,021.03, contrasting with a decrease of ¥209,074,017.59 in the previous year[38] Shareholder Information - The total number of shareholders at the end of the reporting period was 11,852[9] - The largest shareholder, Xi'an Qujiang Tourism Investment (Group) Co., Ltd., held 92,400,934 shares, accounting for 51.47% of total shares[9] - The total shares held by the controlling shareholder, Tourism Investment Group, increased to 92,400,934 shares, representing 51.47% of the total shares after a purchase of 224,700 shares[11] Government Subsidies and Income - Government subsidies recognized in the current period amounted to CNY 100,000.00, with a total of CNY 3,405,000.00 recognized year-to-date[7] - The company reported an increase in operating income by 203.88% to RMB 3,836,357.69 from RMB 1,262,460.46, mainly due to government subsidies received[13] Inventory and Prepayments - The company's prepayments rose significantly by 94.79%, reaching RMB 24,039,874.92 compared to RMB 12,341,522.42, mainly due to an increase in advance payments[12] - The company reported a significant increase in inventory, which rose to CNY 54,309,877.86 from CNY 52,459,423.97[21] Tax Payments - The company’s tax payments decreased by 39.95% to RMB 56,139,641.80 from RMB 93,485,508.06, mainly due to tax payments related to the previous year's sales[13] - The company reported a significant reduction in tax payments, with cash outflow decreasing to ¥28,438,218.80 from ¥65,606,600.31, a decrease of about 56.7%[38] Commitments and Related Party Transactions - The company committed to maintaining asset independence and operational independence as per the commitment letter issued on January 31, 2011[18] - A commitment was made to avoid or minimize related party transactions with the listed company and its subsidiaries[18] - The company has committed to ensuring that related party transactions do not harm the interests of the listed company and its non-related shareholders[18]