QJCT(SH:600706)2016-10-26 16:00Financial Performance - Net profit attributable to shareholders rose by 32.85% to CNY 66,089,350.31 for the first nine months of the year[5] - Basic earnings per share increased by 32.14% to CNY 0.37 per share[5] - The company reported a net profit increase leading to an unallocated profit rise of RMB 66.09 million or 32.29%[9] - Net profit for the first nine months of 2016 reached CNY 51,007,975.00, up 62.1% from CNY 31,482,265.84 in the same period last year[27] - The total profit for the first nine months of 2016 was CNY 62,209,069.12, a significant increase of 65.7% from CNY 37,588,571.86 in the same period last year[27] Revenue and Costs - Operating revenue decreased by 2.73% to CNY 725,806,526.49 for the first nine months compared to the same period last year[5] - Total operating revenue for Q3 2016 was CNY 249,563,330.25, a decrease of 4.5% compared to CNY 261,466,904.59 in Q3 2015[23] - Total operating revenue for Q3 2016 was CNY 90,116,917.30, a decrease of 21.8% compared to CNY 115,140,119.25 in Q3 2015[27] - Total operating costs for Q3 2016 were CNY 228,311,303.24, down 2.9% from CNY 233,504,162.15 in the same period last year[23] - The company reported a decrease in operating costs to CNY 47,699,865.66 in Q3 2016 from CNY 61,415,823.24 in Q3 2015, reflecting a reduction of 22.3%[27] Assets and Liabilities - Total assets increased by 5.59% to CNY 1,829,488,160.03 compared to the end of the previous year[5] - The equity attributable to the parent company was RMB 898.76 million, up RMB 66.09 million or 7.94% year-to-date[9] - Current liabilities totaled CNY 254,783,807.34, down from CNY 335,441,913.93 at the start of the year, indicating a reduction of 24%[21] - The company's total liabilities reached CNY 570,098,413.27, a decrease of 6.8% compared to CNY 611,735,849.81 at the beginning of the year[21] Cash Flow - The net cash flow from operating activities increased by 17.48% to CNY 64,766,078.02 for the first nine months[5] - The net cash flow from operating activities for the first nine months of 2016 was CNY 64,766,078.02, an increase of 17.5% compared to CNY 55,129,789.40 in the same period last year[30] - Cash inflow from financing activities was CNY 160,000,000.00, down from CNY 430,000,000.00, reflecting a decrease of about 62.8%[34] - The ending cash and cash equivalents balance was CNY 81,136,550.93, compared to CNY 108,413,386.37 at the same time last year, a decrease of about 25.2%[34] Shareholder Information - The total number of shareholders reached 15,713 at the end of the reporting period[7] - The largest shareholder, Xi'an Qujiang Tourism Investment (Group) Co., Ltd., holds 51.66% of the shares[7] Government Subsidies - Government subsidies recognized in the current period amounted to CNY 8,212,096.66[6] - Operating income from government subsidies rose by RMB 78.44 million or 204.46% compared to the previous year[10] - Cash received from government subsidies increased by RMB 29.12 million or 31.95% year-on-year[10] Investment Activities - The company plans to continue investing in financial products, with RMB 80 million allocated for such investments this period[10] - Investment income for the first nine months of 2016 was CNY 17,472,199.49, up from CNY 14,244,126.73 in the same period last year, indicating a growth of 22.4%[27] - Cash outflow for capital expenditures was CNY 114,657,616.48, compared to CNY 35,057,010.18 in the previous year, indicating a substantial increase of approximately 226%[34]