SA(SH:601021)2016-10-30 16:00Financial Performance - Operating revenue for the first nine months increased by 3.69% to CNY 6,558,201,514 compared to the same period last year[6]. - Net profit attributable to shareholders decreased by 2.72% to CNY 1,169,653,048 year-over-year[6]. - Net profit after deducting non-recurring gains and losses fell by 21.15% to CNY 600,635,424 compared to the previous year[6]. - Basic and diluted earnings per share decreased by 3.95% to CNY 1.46[7]. - The weighted average return on equity decreased by 4.45 percentage points to 16.59%[7]. - The company reported a total comprehensive income of ¥429,505,587 for Q3 2016, compared to ¥582,836,994 in Q3 2015[41]. - Net profit for Q3 2016 was ¥429,505,587, down 26.2% from ¥582,836,994 in Q3 2015[41]. - The company reported a total operating profit of ¥413,046,436 for Q3 2016, a decrease of 23.6% from ¥540,895,602 in Q3 2015[41]. Assets and Liabilities - Total assets increased by 22.53% to CNY 19,640,329,009 compared to the end of the previous year[6]. - Cash and cash equivalents increased by 85.35% to ¥5,735,791,685 from ¥3,094,514,973[13]. - Fixed assets rose by 51.64% to ¥8,883,388,381 from ¥5,858,353,393, primarily due to the delivery of self-owned aircraft[13]. - The total liabilities reached CNY 12,098,896,917, up from CNY 9,489,209,760, indicating an increase of approximately 28%[36]. - The current assets totaled CNY 7,038,343,691, compared to CNY 4,264,437,814 at the beginning of the year, showing a growth of about 65%[35]. - Total liabilities increased to ¥13,677,884,196 in Q3 2016, compared to ¥9,021,084,799 in Q3 2015, reflecting a growth of 51.5%[38]. Cash Flow - Cash flow from operating activities increased by 16.37% to CNY 1,720,705,928 for the first nine months[6]. - Cash inflow from operating activities for the first nine months of 2016 was CNY 9,095,980,288, an increase of 11.8% from CNY 8,141,505,838 in the previous year[47]. - Cash inflow from investment activities for the first nine months of 2016 was CNY 1,184,273,737, up from CNY 887,432,918 in the same period last year, indicating a growth of 33.5%[47]. - The net cash flow from investment activities for the first nine months of 2016 was -CNY 2,354,769,422, worsening from -CNY 2,133,553,922 in the same period last year[47]. - Total cash inflow from financing activities in Q3 2016 reached CNY 7,704,876,192, compared to CNY 5,773,358,391 in Q3 2015, marking an increase of 33.5%[45]. Shareholder Information - The total number of shareholders reached 19,454 by the end of the reporting period[9]. - The largest shareholder, Shanghai Spring International Travel Agency, holds 63.00% of the shares[9]. - The company has committed to not transferring or entrusting the management of shares held prior to the IPO for a period of 36 months from the listing date[21]. - After the lock-up period, the shareholder must sell shares at a price not lower than the IPO price for two years[22]. - The company has established a price stabilization plan to protect the interests of minority investors[22]. Investment and Financing Activities - The company issued ¥2.3 billion in corporate bonds, significantly increasing cash inflow from financing activities by 106.81% to ¥4,406,395,909[15]. - Long-term equity investments decreased by 72.80% to ¥25,936,685 due to recognized investment losses in a Japanese joint venture[13]. - The company’s total cash outflow from investment activities for the first nine months of 2016 was CNY 3,539,043,159, an increase from CNY 3,020,986,840 in the previous year, reflecting a rise of 17.1%[47]. Commitments and Compliance - The company has a long-term commitment to ensure compliance with legal requirements regarding the issuance of shares and investor protection[26]. - Spring Airlines reported a commitment to repurchase all newly issued shares in accordance with the prospectus, ensuring investor protection against losses due to false statements or omissions[27]. - The company has pledged to compensate for any direct or indirect losses if commitments regarding competition are proven untrue or not adhered to[28]. - The company will disclose any share repurchase plans within 20 trading days if the controlling shareholder fails to announce a purchase plan[23].