Wangfujing(SH:600859)2015-10-27 16:00Financial Performance - Net profit attributable to shareholders increased by 23.89% to CNY 603.18 million year-on-year[6] - Operating revenue decreased by 4.42% to CNY 12.95 billion compared to the same period last year[6] - Basic and diluted earnings per share increased by 23.89% to CNY 1.303[6] - Total profit for the first nine months of 2015 was CNY 544.5 million, compared to CNY 465.7 million in the same period last year, representing a 17% increase[33] - Investment income for the first nine months of 2015 was CNY 442.7 million, down from CNY 476.8 million in the same period last year[33] - Q3 2015 net profit reached CNY 34.4 million, down 35% from CNY 53.0 million in Q3 2014[33] - The company reported a significant increase in financial expenses, with a net financial expense of CNY -149.6 million for the first nine months of 2015, compared to CNY -7.4 million in the previous year[33] - The total comprehensive income for Q3 2015 was CNY -281.3 million, compared to CNY 107.7 million in Q3 2014[34] Cash Flow - Net cash flow from operating activities improved significantly to CNY 201.93 million, compared to a negative CNY 311.24 million in the previous year[6] - The net increase in cash and cash equivalents was ¥224,965,229.46, a significant improvement compared to the previous period's decrease[12] - Operating cash inflow for the first nine months of 2015 was CNY 14,419,856,829.51, a decrease of 3.6% compared to CNY 14,959,767,118.40 in the same period last year[36] - Total cash inflow from operating activities for the parent company was CNY 1,330,264,221.59, an increase of 9.0% from CNY 1,221,010,831.90 in the previous year[38] - The company achieved a net cash flow from operating activities of CNY -98,589,370.08 for the parent company, an improvement from CNY -418,637,827.79 in the same period last year[38] Assets and Liabilities - Total assets decreased by 2.34% to CNY 13.43 billion compared to the end of the previous year[6] - The company's current liabilities totaled CNY 3.87 billion, down from CNY 4.52 billion at the beginning of the year[23] - Total liabilities as of September 30, 2015, were approximately ¥6.55 billion, down from ¥6.74 billion at the beginning of the year, indicating a reduction of 2.8%[27] - The company's total equity of approximately ¥7.11 billion as of September 30, 2015, compared to ¥6.83 billion at the beginning of the year, reflecting an increase of 4.1%[27] Investments and Expansion - The company opened a new store, Leshan Wangfujing Shopping Center, on September 26, 2015, with a construction area of 45,000 square meters, enhancing market presence in the Southwest region[15] - The company established Xi'an Wangfujing Department Store on September 1, 2015, with an expected opening in the first half of 2016 and a rental area of approximately 27,000 square meters[16] - The company signed a lease for a shopping center in Nanchong, Sichuan, covering an area of 94,000 square meters, with a lease term of 20 years, expected to be delivered in the second half of 2016[19] - The company signed a lease for an outlet project in Kunming, Yunnan, covering 99,000 square meters, with a lease term of 20 years, expected to be delivered by the end of 2016[19] - The company plans to continue expanding its market presence and investing in new product development to drive future growth[29] Shareholder Information - The total number of shareholders reached 27,105 at the end of the reporting period[8] - The largest shareholder, Beijing Wangfujing International Commercial Development Co., Ltd., holds 49.27% of the shares[8] Government Subsidies and Other Income - The company received government subsidies amounting to CNY 6.44 million during the reporting period[7] - The company reported a 215.81% increase in non-operating income, reaching ¥11,342,616.48, driven by increased government subsidies[11] - Non-recurring gains and losses totaled CNY 31.11 million for the current period[7] Inventory and Financial Assets - The company's other receivables increased by 136.58% from the beginning of the period, amounting to ¥782,590,406.93[10] - The company's available-for-sale financial assets decreased by 33.92%, totaling ¥1,483,902,000.00[10] - Inventory as of September 30, 2015, was approximately ¥48.88 million, a slight decrease from ¥49.84 million at the beginning of the year[25]