ITG(SH:600755)2016-04-28 16:00Financial Performance - Net profit attributable to shareholders rose by 196.75% to CNY 377.45 million year-on-year[5] - Operating revenue surged by 63.51% to CNY 16.95 billion compared to the same period last year[5] - Basic earnings per share increased by 187.50% to CNY 0.23[5] - Operating profit for the current period was ¥858.21 million, compared to ¥156.90 million in the previous period, indicating a year-over-year increase of about 447.5%[26] - Net profit attributable to shareholders of the parent company was ¥377.45 million, up from ¥127.19 million in the previous period, reflecting a growth of approximately 196.5%[26] - The company reported a total comprehensive income of ¥633.64 million, compared to ¥170.24 million in the previous period, marking an increase of about 272.5%[27] Assets and Liabilities - Total assets increased by 23.49% to CNY 49.48 billion compared to the end of the previous year[5] - Total liabilities increased to ¥39.36 billion, up from ¥30.66 billion, representing a growth of approximately 28.0% year-over-year[21] - Current liabilities totaled ¥35.37 billion, an increase of 22.0% compared to ¥28.93 billion in the previous year[21] - The total current assets amounted to CNY 44,445,125,266.19, an increase from CNY 35,409,417,305.76 at the beginning of the year, indicating a growth of approximately 25.7%[20] - Non-current assets totaled CNY 5,031,674,192.78, up from CNY 4,655,874,179.50, reflecting an increase of about 8.1%[20] Cash Flow - Net cash flow from operating activities decreased by 60.22% to -CNY 3.86 billion[5] - Cash flow from operating activities showed a net outflow of ¥3.86 billion, worsening from a net outflow of ¥2.41 billion in the previous period[32] - Cash inflow from financing activities amounted to CNY 15,976,543,573.04, an increase from CNY 7,928,077,804.85 year-over-year[36] - Cash outflow from financing activities was CNY 6,848,048,206.44, slightly up from CNY 6,271,202,728.75, resulting in a net cash flow of CNY 9,128,495,366.60[36] - The net increase in cash and cash equivalents for the quarter was CNY 107,085,436.13, compared to a decrease of CNY 227,949,229.33 in the same period last year[37] Shareholder Information - The total number of shareholders reached 138,118 by the end of the reporting period[9] - The largest shareholder, Xiamen Guomao Holdings, holds 31.32% of the shares[9] - The total number of shareholders holding preferred shares was not applicable, indicating a focus on common equity financing[11] - The company has pledged to increase its shareholding by up to 2% of the total issued shares within the next six months[17] Investment and Financing Activities - The company issued CNY 2.8 billion in convertible bonds in January 2016, impacting diluted earnings per share[8] - The company issued CNY 2.8 billion in convertible bonds, with a conversion price set at CNY 9.03 per share, approved by the China Securities Regulatory Commission[14] - The company’s investment income increased by 584.50% to CNY 203.57 million, primarily due to gains from futures contracts and gold leasing business disposals[13] Operational Insights - Operating costs rose by 51.59% to CNY 15.14 billion, reflecting the increase in revenue from supply chain management and real estate[13] - The company plans to gradually reduce trade operations while strictly controlling new business that is similar to Xiamen International Trade Group Co., Ltd.[17] - Xiamen International Trade Group Co., Ltd. has committed to not interfere with the operations and decisions of its listed subsidiaries, ensuring the protection of other shareholders' interests[16] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[26]