Baosight(SH:600845)2015-10-27 16:00Financial Performance - Net profit attributable to shareholders increased by 10.34% to CNY 227,065,464.58 for the first nine months[10] - Operating revenue for the first nine months rose by 5.51% to CNY 2,739,023,175.78 compared to the same period last year[10] - Basic earnings per share increased by 8.90% to CNY 0.624[10] - Total profit for the first nine months of 2015 was ¥244,141,879.72, an increase of 10.2% from ¥221,503,925.23 in the same period of 2014[36] - The company reported a net profit of ¥69,616,173.57 for the third quarter, compared to ¥64,335,790.05 in the same quarter last year, marking an increase of 4.0%[33] - The company’s comprehensive income for the first nine months of 2015 was ¥212,809,861.05, compared to ¥199,215,736.39 in the same period of 2014, an increase of 6.9%[36] Cash Flow - Cash flow from operating activities surged by 396.80% to CNY 461,916,103.71 year-to-date[10] - Net cash flow from operating activities increased significantly to ¥461,916,103.71, up 396.80% from ¥92,977,954.36 in the same period last year[16] - Operating cash flow for the first nine months of 2015 was ¥461,916,103.71, significantly up from ¥92,977,954.36 in the same period of 2014, marking an increase of 396.5%[39] - Total cash inflow from operating activities for Q3 2015 was ¥2,533,372,014.51, up from ¥2,091,240,049.66 in Q3 2014, marking an increase of approximately 21%[43] - Net cash flow from operating activities for Q3 2015 was ¥478,367,329.27, significantly up from ¥139,904,987.10 in Q3 2014, reflecting a growth of over 241%[43] Assets and Liabilities - Total assets increased by 4.78% to CNY 5,418,789,668.27 compared to the end of the previous year[10] - The company's current assets totaled CNY 4,214,337,116.06, down from CNY 4,333,861,870.93 at the beginning of the year, indicating a decrease of approximately 2.75%[25] - The total liabilities were CNY 2,557,044,135.01, an increase from CNY 2,438,058,682.83, representing an increase of about 4.89%[26] - The non-current assets increased to CNY 1,204,452,552.21 from CNY 837,800,183.89, marking a significant increase of approximately 43.73%[26] - Total assets as of September 30, 2015, amounted to ¥4,874,793,988.51, up from ¥4,558,192,561.69 at the beginning of the year, reflecting a growth of 6.9%[30] Investments - Long-term equity investments increased by 196.44% to CNY 47,285,837.63 compared to the beginning of the year[15] - The company reported a significant reduction in asset impairment losses, down 88.93% to ¥1,397,519.25 from ¥12,620,781.47[16] - The company recognized software product VAT refunds of ¥8,320,000, contributing to the increase in non-operating income[16] - The company’s long-term investments rose to ¥142,477,389.63 from ¥119,313,742.04, showing a growth of 19.4%[30] Shareholder Information - The total number of shareholders reached 20,753 at the end of the reporting period[12] - The company completed a non-public offering of A-shares, enhancing its capital structure[18] - The total number of shares to be issued in the non-public offering is expected to be no less than 7,866,666 shares, contingent on other investors subscribing for at least 3,500,368 shares[21] - The company reported a commitment to not reduce its holdings in Baosight Software shares within six months following the completion of the non-public offering[21] Operating Costs and Expenses - The company’s operating costs for the first nine months were ¥2,543,069,094.44, up from ¥2,382,412,224.85, indicating an increase of 6.7%[33] - Operating costs for Q3 2015 were ¥777,332,299.96, up from ¥629,080,007.76 in Q3 2014, indicating a rise of 23.5%[35] - The company’s management expenses for Q3 2015 were ¥145,883,082.41, an increase from ¥126,293,607.36 in Q3 2014, reflecting a rise of 15.5%[35] Government Subsidies and Non-Operating Income - The company received government subsidies amounting to CNY 15,774,065.48 during the reporting period[10] - Non-operating income increased to ¥50,664,605.36, reflecting a 153.30% growth compared to ¥20,001,775.18 in the previous year[16]