ITG(SH:600755)2016-10-27 16:00Financial Performance - Operating revenue for the first nine months reached CNY 66.06 billion, a 52.93% increase year-on-year[7]. - Net profit attributable to shareholders was CNY 526.68 million, compared to a loss of CNY 63.58 million in the same period last year[8]. - Basic earnings per share rose by 74.07% to CNY 0.47 per share[8]. - The company reported a total operating cost of ¥65.00 billion for the first three quarters of 2016, which is an increase from ¥43.32 billion in the previous year, marking a rise of 50%[28]. - Operating profit for the first three quarters of 2016 was ¥1.47 billion, compared to ¥553.39 million in the previous year, indicating an increase of 166.5%[28]. - The company reported a net profit margin improvement, with undistributed profits rising to ¥4.55 billion from ¥3.93 billion, a growth of 15.8%[24]. - The total profit for the first three quarters of 2016 was ¥1.49 billion, compared to ¥588.35 million in the same period last year, representing an increase of 153.5%[29]. - Net profit for Q3 2016 was ¥131.99 million, compared to ¥192.90 million in Q3 2015, indicating a decrease of about 31.3% year-over-year[34]. Assets and Liabilities - Total assets increased by 43.48% to CNY 57.49 billion compared to the end of the previous year[7]. - Current liabilities rose to ¥43.09 billion, up from ¥28.93 billion, indicating a 48.5% increase[23]. - Non-current liabilities increased to ¥4.20 billion from ¥1.73 billion, a growth of 142.5%[23]. - Total current assets amounted to CNY 51.84 billion, an increase from CNY 35.41 billion at the beginning of the year, reflecting a growth of approximately 46%[21]. - The total cash and cash equivalents at the end of the period stood at ¥892.61 million, up from ¥351.77 million at the end of the previous year, reflecting a significant increase[40]. Cash Flow - Cash flow from operating activities showed a significant decline, with a net cash outflow of CNY 6.22 billion, a decrease of 503.03% year-on-year[7]. - The company reported a net cash flow from operating activities of -¥6.22 billion for the first nine months of 2016, compared to a net inflow of ¥1.54 billion in the same period last year[36]. - Investment activities resulted in a net cash outflow of ¥7.09 billion for the first nine months of 2016, compared to a smaller outflow of ¥19.98 million in the same period last year[36]. - Financing activities generated a net cash inflow of ¥13.15 billion in the first nine months of 2016, a significant improvement from a net outflow of ¥129.53 million in the same period last year[36]. Shareholder Information - Total number of shareholders reached 124,475 as of the end of the reporting period[11]. - The largest shareholder, Xiamen Guomao Holdings Co., Ltd., holds 546,764,873 shares, accounting for 32.85% of total shares[11]. - The company plans to increase its shareholding in Xiamen International Trade Group by up to 2% of the total issued shares within the next six months[19]. - The company has pledged to not reduce its shareholdings for six months after any increase in shares[19]. Investments and Financial Assets - Financial assets measured at fair value increased by 171.12% to 1,225,874,514.08 RMB due to increased holdings in funds and bonds[13]. - The company reported a net profit from non-recurring items of CNY 175.42 million for the first nine months[10]. - The company incurred financial expenses of ¥545.84 million in the first three quarters of 2016, a decrease from ¥670.52 million in the previous year, reflecting a reduction of 18.6%[28]. - The company recorded investment income of ¥321.55 million for the first three quarters of 2016, down from ¥677.49 million in the previous year, a decrease of 52.5%[28]. Operational Metrics - Accounts receivable grew by 49.09% to 3,464,386,014.76 RMB, reflecting significant business scale expansion during the reporting period[13]. - Inventory increased by 32.81% to 25,746,229,607.03 RMB, primarily due to new land reserves and expanded supply chain management operations[13]. - The company’s prepayments increased by 76.60% to ¥12.32 billion, reflecting higher advance payments for property sales and goods[14]. - The company’s sales expenses for the first three quarters of 2016 were ¥1.10 billion, up from ¥894.14 million in the previous year, representing a growth of 22.9%[28].