BBMG(SH:601992)2016-10-26 16:00Financial Performance - Revenue for the first nine months reached CNY 32.68 billion, a 26.15% increase year-on-year[6] - Net profit attributable to shareholders surged by 113.84% to CNY 2.27 billion compared to the same period last year[6] - Basic earnings per share decreased by 4.55% to CNY 0.21 per share[6] - Operating profit for the third quarter was ¥582.56 million, compared to ¥49.03 million in the same quarter last year, marking a significant increase[27] - The company reported a net profit of ¥2.76 billion for the first nine months, compared to ¥1.36 billion in the same period last year, indicating a year-over-year growth of 103.1%[27] - Total profit for the first nine months of 2016 reached CNY 906.78 million, a decrease from CNY 179.72 million in the same period of 2015[32] Assets and Liabilities - Total assets increased by 8.79% to CNY 142.24 billion compared to the end of the previous year[6] - Total liabilities increased to CNY 94.14 billion from CNY 88.56 billion, marking a growth of approximately 6.5%[18] - Non-current assets totaled CNY 46.35 billion, up from CNY 41.41 billion, indicating an increase of about 12.5%[18] - Current liabilities decreased slightly to CNY 65.02 billion from CNY 65.19 billion, a reduction of approximately 0.3%[18] - Long-term borrowings rose to CNY 9.37 billion from CNY 6.89 billion, reflecting an increase of about 36%[18] Cash Flow - Operating cash flow for the first nine months increased by 35.36% to CNY 2.39 billion compared to the same period last year[6] - The cash inflow from operating activities for the first nine months reached ¥32.44 billion, an increase of 15.98% compared to ¥28.19 billion in the same period last year[36] - The net cash flow from operating activities was ¥2.39 billion, up 35.38% from ¥1.77 billion year-on-year[36] - The ending balance of cash and cash equivalents was ¥12.85 billion, up from ¥7.56 billion year-on-year, reflecting a growth of 69.88%[37] Shareholder Information - The total number of shareholders reached 69,857 by the end of the reporting period[8] - The largest shareholder, Beijing Jinyu Group, holds 44.93% of the shares, with a total of 4.80 billion shares[8] - A proposed transfer of 44.93% state-owned shares from Beijing Jinyu Group to Beijing State-owned Assets Management Center is pending approval[10] Investment and Equity - Owner's equity reached CNY 48.11 billion, up from CNY 42.18 billion, which is an increase of around 14%[18] - Other equity instruments increased by 403.2% compared to the beginning of the year, primarily due to the issuance of perpetual bonds[12] - The company reported a significant increase in investment income, receiving ¥5.05 million compared to ¥351,312.37 in the previous year[36] Operating Costs and Expenses - Operating costs increased by 28.1% year-on-year, primarily due to the increase in revenue leading to higher costs[12] - The total cost of operations for the first nine months was ¥30.35 billion, an increase from ¥24.79 billion in the previous year, representing a 22.5% rise[27] - The financial expenses for the first nine months of 2016 were CNY 564.87 million, an increase from CNY 502.26 million in the same period of 2015[32] Other Financial Metrics - The weighted average return on equity increased by 2.41 percentage points to 5.80%[6] - The company’s total liabilities to equity ratio stands at approximately 1.96, indicating a leverage increase compared to previous periods[18] - Cash and cash equivalents decreased to CNY 7.12 billion from CNY 8.31 billion, a decline of about 14.5%[21]