BHCC(SH:600800)2017-10-30 16:00Financial Performance - Operating revenue for the first nine months was CNY 93,315,964.36, a slight decrease of 0.45% compared to the same period last year[6]. - Net profit attributable to shareholders for the first nine months was a loss of CNY 46,426,387.78, compared to a loss of CNY 40,179,692.78 in the same period last year[6]. - Basic earnings per share for the period was -CNY 0.0759, compared to -CNY 0.0657 in the same period last year[6]. - The total comprehensive loss for Q3 2017 was CNY -14,818,576.07, compared to CNY -3,137,750.22 in the same quarter last year[26]. - The total profit for the first nine months of 2017 was a loss of CNY 65,507,386.65, compared to a loss of CNY 44,122,484.34 in the same period of 2016[26]. Assets and Liabilities - Total assets decreased by 9.72% to CNY 540,898,283.33 compared to the end of the previous year[6]. - Total assets decreased to CNY 542,384,336.00 from CNY 611,192,328.11 at the beginning of the year[20]. - Current liabilities totaled CNY 396,058,101.71, a slight decrease from CNY 399,228,224.58 at the beginning of the year[19]. - Non-current liabilities amounted to CNY 2,002,911.05, down from CNY 2,022,483.44 at the beginning of the year[20]. - Cash and cash equivalents decreased by 44.67% to ¥56,210,497.60 from ¥101,587,186.63 due to increased operational funding needs[11]. Shareholder Information - The total number of shareholders at the end of the reporting period was 62,738[10]. - The largest shareholder, Tianjin Global Magnetic Card Group Co., Ltd., holds 27.53% of the shares, amounting to 168,274,523 shares[10]. Cash Flow - The company reported a net cash flow from operating activities of -CNY 58,745,597.38 for the first nine months[6]. - Cash inflow from operating activities for the period reached CNY 114,866,701.89, an increase of 29.6% compared to CNY 88,626,625.63 in the previous year[29]. - Cash outflow from operating activities totaled CNY 173,612,299.27, up from CNY 164,054,843.41, resulting in a net cash flow from operating activities of -CNY 58,745,597.38, an improvement from -CNY 75,428,217.78 year-over-year[29]. - The ending cash and cash equivalents balance was CNY 56,210,497.60, down from CNY 112,695,779.83 year-over-year, reflecting a decrease of 50.1%[30]. Expenses - Sales expenses decreased by 38.22% to ¥4,153,105.67 from ¥6,722,565.16, primarily due to reduced marketing expenses[11]. - Financial expenses decreased significantly by 354.27% to -¥74,168.30 from ¥29,168.86, attributed to increased interest income[11]. - The management expenses for the first nine months of 2017 were CNY 41,176,445.04, an increase from CNY 39,381,871.97 in the same period of 2016[25]. Tax and Other Income - The company reported an increase in tax payments by 38.76% to ¥11,370,826.30 from ¥8,194,574.86[12]. - Other non-operating income and expenses amounted to -CNY 52,398.10 for the first nine months[9]. - Other income decreased by 90.91% to ¥403,744.47 from ¥4,443,729.82, mainly due to a reduction in fixed assets[12]. Future Outlook - The company has not indicated any significant changes in future profit forecasts or major commitments that remain unfulfilled[12].