JSCN(SH:600959)2016-10-28 16:00Financial Performance - Net profit attributable to shareholders rose by 9.17% to CNY 733.46 million for the year-to-date period[7] - Operating revenue for the first nine months increased by 3.64% to CNY 3.58 billion compared to the same period last year[7] - The company's net profit increased by 59.59%, reaching ¥1,964,357,970.42 compared to ¥1,230,902,683.43 in the previous year[14] - The total profit for Q3 2016 was ¥334,004,186.89, an increase of 27.5% compared to ¥261,657,804.45 in Q3 2015[35] - The total comprehensive income for the third quarter of 2016 was CNY 296,377,430.08, compared to CNY 218,031,119.61 in the same period last year, representing an increase of approximately 36%[37] Assets and Liabilities - Total assets increased by 6.93% to CNY 19.87 billion compared to the end of the previous year[7] - The company's total liabilities decreased by 98.79% for long-term borrowings, dropping to ¥3,453,331.83 from ¥284,271,955.89[14] - Total current assets decreased to CNY 4,374,613,308.25 from CNY 5,431,670,186.48, a decline of about 19.43%[30] - The total liabilities increased to CNY 6,359,434,370.56 from CNY 5,814,383,346.64, reflecting a growth of about 9.36%[27] Cash Flow - Cash flow from operating activities for the year-to-date period was CNY 1.08 billion, reflecting a 1.93% increase year-on-year[7] - The company's cash flow from operating activities increased by 59.04%, amounting to ¥298,640,253.90 compared to ¥187,775,938.56 in the previous year[14] - Cash inflow from operating activities for the first nine months of 2016 was CNY 3,796,370,943.34, up from CNY 3,588,461,613.36, indicating a growth of about 6%[40] - The ending cash and cash equivalents balance as of the end of the reporting period was CNY 3,936,295,822.83, down from CNY 5,188,811,884.02 at the same time last year[41] Shareholder Information - The number of shareholders reached 181,047 by the end of the reporting period[10] - The largest shareholder, Jiangsu Broadcasting Television Information Network Investment Co., held 18.03% of shares[10] - The company will announce any share reduction plans at least one trading day in advance[17] - The company is committed to adhering to the regulations set by the China Securities Regulatory Commission regarding shareholder reductions[17] Investment Activities - The company reported a significant increase in cash used for investment payments, totaling $2,121,636,754.10 compared to $40,000,000.00 previously[44] - The company’s cash paid for investments increased dramatically by 20,189.51%, amounting to ¥2,028,950,800.00 compared to ¥10,000,000.00 in the previous period[15] - The cash outflow from investing activities totaled CNY 2,835,561,186.60, compared to CNY 810,650,394.16 in the same period last year, showing a significant increase in investment spending[41] Operational Metrics - Basic and diluted earnings per share remained stable at CNY 0.19[8] - The weighted average return on equity decreased by 0.36 percentage points to 5.89%[7] - Total operating costs for Q3 2016 were ¥881,386,179.94, slightly up from ¥876,666,047.46 in Q3 2015[34] - Sales expenses increased to ¥87,662,708.83 in Q3 2016, a rise of 21.5% from ¥72,120,676.53 in Q3 2015[34] Regulatory Compliance and Commitments - In the event of false records or misleading statements in the prospectus, the company will compensate investors for losses as determined by the relevant regulatory authorities[18] - The company has committed to new promises and measures to protect investor interests in case of failure to fulfill public commitments due to force majeure[22] - The company will not engage in public refinancing if it fails to meet its commitments, ensuring accountability for its directors and senior management[22] - The company will ensure that the repurchase of shares does not lead to a non-compliant shareholding distribution[20]