CIH(SH:600715)2015-10-27 16:00Financial Performance - Operating revenue for the first nine months was ¥148,409,658.28, representing a significant increase of 9,907.20% year-on-year[6] - Net profit attributable to shareholders was ¥28,989,480.32, a turnaround from a loss of ¥13,599,585.47 in the same period last year[6] - Basic earnings per share improved to ¥0.10, compared to a loss of ¥0.06 per share in the same period last year[8] - The company reported a weighted average return on equity of 7.17%, a significant recovery from -450.33% in the previous year[8] - Total operating revenue for the third quarter was CNY 147,584,450.41, a significant increase from CNY 480,553.81 in the same period last year[42] - Net profit for Q3 2015 was CNY 40,338,642.60, compared to a net loss of CNY 6,739,438.58 in the previous year[44] - Total profit for Q3 2015 was CNY 61,544,268.17, compared to a loss of CNY 6,739,438.58 in the previous year[44] Assets and Liabilities - Total assets at the end of the reporting period reached ¥5,604,040,161.97, an increase of 3,236.12% compared to the end of the previous year[6] - The company reported a total liability of CNY 758,645,938.58, an increase from CNY 170,728,304.31 at the beginning of the year, indicating rising obligations[40] - The company’s goodwill stood at CNY 2,977,886,087.30, indicating substantial intangible assets on the balance sheet[35] - The company’s total liabilities also saw a significant increase, with other payables rising to approximately ¥732.93 million, a 11,075.78% increase[18] - Non-current assets totaled CNY 3,886,152,000.04, up from CNY 143,726,935.21 at the beginning of the year, reflecting growth in long-term investments[39] Cash Flow - Cash flow from operating activities for the first nine months was ¥29,236,473.84, up 124.41% from the previous year[6] - Cash received from sales and services increased to ¥115,099,738.49, a 509.87% increase compared to ¥18,872,821.00 in the same period last year, due to changes in the consolidation scope[21] - Cash flow from financing activities reached ¥3,845,504,330.20, a significant improvement from a negative cash flow of -¥7,847,977.32 in the previous year[21] - Total cash inflow from financing activities reached ¥3,907,802,150.61, with a net cash flow of ¥3,845,504,330.20, indicating strong capital raising efforts[51] - The company reported a net cash flow from operating activities of -¥84,781,040.62 for the first nine months of 2015, indicating operational challenges[52] Shareholder Information - The total number of shareholders at the end of the reporting period was 9,367[14] - Beijing Wenzi Holdings Co., Ltd. held 22.52% of the shares, with 185,730,090 shares pledged[14] - The equity attributable to shareholders was CNY 3,802,537,189.71, compared to a negative equity of CNY -26,744,815.79 at the start of the year, showing recovery in shareholder value[40] Acquisitions and Growth Strategy - The company completed the acquisition of Jiangsu Yaolai Cinema Management Co., Ltd. and Shanghai Duwan Network Technology Co., Ltd., leading to significant changes in financial metrics[16] - The company plans to continue expanding its market presence and developing new products following the recent acquisitions[19] - The company completed a non-public issuance of A-shares, raising funds to improve its asset-liability structure and enhance profitability[22] Operational Challenges and Improvements - The company is actively addressing historical debt and tax issues to improve its financial condition and mitigate operational risks[24] - The company has strengthened its internal control systems to prevent and mitigate operational risks[25] - The company reported an asset impairment loss of CNY 494,116.88 in Q3 2015, compared to a gain of CNY 3,950,241.09 in the previous year[45]