CNS(SH:601098)2016-10-27 16:00Financial Performance - Net profit attributable to shareholders increased by 6.10% to CNY 1,177,030,151.32 year-to-date[8] - Operating income rose by 6.32% to CNY 6,943,852,051.47 for the year-to-date period[8] - Basic and diluted earnings per share increased by 6.45% to CNY 0.66[8] - Total operating revenue for Q3 2016 was CNY 2,198,932,584.65, an increase of 3.0% compared to CNY 2,134,767,817.75 in Q3 2015[34] - Net profit attributable to shareholders for Q3 2016 reached CNY 336,788,984.67, a rise of 4.8% from CNY 321,414,521.94 in Q3 2015[35] - The net profit for the first nine months of 2016 was CNY 1,469,968,632.77, compared to CNY 1,265,630,499.91 in the previous year, indicating a year-over-year increase of about 16.2%[40] - The total comprehensive income attributable to the parent company for the first nine months of 2016 was CNY 1,177,030,151.32, compared to CNY 1,109,353,779.32 in the same period last year, reflecting an increase of approximately 6.1%[38] Assets and Liabilities - Total assets increased by 6.91% to CNY 17,878,480,682.38 compared to the end of the previous year[8] - Current assets totaled CNY 15,485,875,190.24, up from CNY 14,294,302,417.34, indicating an increase of about 8.3%[27] - Total liabilities reached CNY 5,220,056,026.04, compared to CNY 4,711,269,497.61 at the start of the year, reflecting an increase of about 10.8%[29] - The company's equity attributable to shareholders rose to CNY 12,104,094,832.63 from CNY 11,447,979,554.10, an increase of approximately 5.7%[29] - Total assets as of Q3 2016 amounted to CNY 11,432,966,704.07, compared to CNY 10,439,486,689.42 at the end of Q3 2015, reflecting a growth of 9.5%[33] - Total liabilities for Q3 2016 were CNY 833,057,296.06, an increase from CNY 788,705,914.18 in Q3 2015, representing a growth of 5.6%[33] Cash Flow - Net cash flow from operating activities increased by 58.46% to CNY 652,377,483.26 year-to-date[8] - Cash flow from operating activities for the first nine months of 2016 was CNY 6,601,317,270.91, compared to CNY 5,929,135,146.78 in the previous year, showing an increase of approximately 11.4%[41] - The net cash flow from operating activities for Q3 2016 was CNY 652,377,483.26, an increase of 58.5% compared to CNY 411,703,929.68 in Q3 2015[42] - The net cash flow from investment activities was -CNY 692,280,192.18 in Q3 2016, compared to -CNY 76,985,385.05 in Q3 2015, indicating a significant increase in cash outflow[42] - Total cash inflow from operating activities for the first nine months of 2016 was CNY 1,270,886,171.56, up from CNY 1,105,654,874.29 in the same period last year, representing a growth of 14.9%[43] Shareholder Information - The total number of shareholders reached 22,699 at the end of the reporting period[12] - The largest shareholder, Hunan Publishing Investment Holding Group Co., Ltd., holds 61.46% of the shares[12] Inventory and Receivables - Inventory increased by 587,229,177.97 CNY, a growth of 50.61%, attributed to seasonal stocking for autumn educational materials[15] - Accounts receivable decreased by 13,269,027.58 CNY, a decline of 31.24% compared to the beginning of the year, mainly due to the maturity of bank acceptance bills[15] - Other receivables increased by 100,402,221.38 CNY, a growth of 48.03%, mainly due to increased input tax credits and bid guarantees[15] - The company's inventory increased to CNY 548,963,497.13 in Q3 2016 from CNY 423,617,826.20 in Q3 2015, representing a significant rise of 29.6%[32] Operating Expenses - Operating expenses for the first nine months of 2016 amounted to 25,715,791.27 CNY, an increase of 38.08% year-on-year, primarily due to increased charitable donations[16] - The company's sales expenses for the first nine months of 2016 totaled CNY 35,957,931.20, up from CNY 30,608,158.34 in the same period last year, representing an increase of about 17.5%[38] Legal and Compliance - The company is involved in a dispute regarding construction settlement, with a claim of approximately ¥1.1 million in reduced settlement amount by the construction company[22] - The company has received written commitments from Hunan Publishing Investment Holding Group to compensate for any losses related to the property certificate issues and construction disputes[22] - The company is actively managing its real estate assets and ensuring compliance with local regulations regarding property ownership[22]