People.cn (SH:603000)2015-10-30 16:00Financial Performance - Operating revenue increased by 6.45% to CNY 1,066,451,262.84 for the first nine months of the year[7] - Net profit attributable to shareholders decreased by 17.81% to CNY 147,635,692.54 compared to the same period last year[7] - Basic earnings per share dropped by 59.38% to CNY 0.13[7] - Total operating revenue for Q3 2015 was CNY 341,077,828.87, a decrease of 10.8% compared to CNY 382,187,567.57 in Q3 2014[28] - Net profit for Q3 2015 reached CNY 107.77 million, up 78.73% from CNY 60.24 million in Q3 2014[33] - Total profit for Q3 2015 was CNY 107.77 million, compared to CNY 77.78 million in Q3 2014, reflecting a 38.54% increase[33] - The company's total profit for the first nine months of 2015 was CNY 183.74 million, compared to CNY 176.33 million for the same period in 2014, reflecting a growth of 4.06%[33] Cash Flow - Net cash flow from operating activities decreased significantly by 69.29% to CNY 89,504,449.36[7] - Cash inflow from operating activities totaled CNY 1,249,813,094.17, while cash outflow was CNY 1,160,308,644.81, resulting in a net cash flow of CNY 89,504,449.36[37] - Cash flow from investment activities showed a net outflow of CNY 344,772,410.62, compared to a net outflow of CNY 1,172,798,115.25 in the previous year[38] - The company reported a decrease in cash flow from financing activities, with a net outflow of CNY 130,172,390.45 compared to CNY 130,114,900.55 in the previous year[38] - The net increase in cash and cash equivalents was -$267,255,099.95, significantly improved from -$1,109,416,474.58 in the prior year[42] Assets and Liabilities - Total assets decreased by 2.45% to CNY 3,429,247,900 compared to the end of the previous year[7] - The total liabilities decreased to CNY 344,407,383.02 from CNY 407,522,494.29, a reduction of 15.5%[25] - The equity attributable to shareholders increased to CNY 2,487,280,370.22 from CNY 2,398,704,284.32, reflecting a growth of 3.7%[25] - The company’s cash and cash equivalents decreased from CNY 1,520,351,993.43 at the beginning of the year to CNY 1,133,613,233.63[20] Shareholder Information - The total number of shareholders reached 66,802 at the end of the reporting period[10] - The largest shareholder, People's Daily, holds 48.43% of the shares[10] Investment Activities - Long-term equity investments grew by 280.90% year-on-year, attributed to changes in subsidiary equity and accounting method adjustments[12] - Investment income increased by 40.22% year-on-year, driven by the sale of available-for-sale financial assets by a subsidiary[12] - The company’s investment activities included cash outflows of CNY 6,828,803,603.77, compared to CNY 1,272,294,847.65 in the previous year, indicating a significant increase in investment expenditures[38] Other Financial Metrics - Non-recurring gains and losses amounted to CNY 30,481,577.17 for the reporting period[9] - Financial expenses decreased by 226.73% year-on-year, mainly due to the suspension of related business by a subsidiary[12] - Other payables decreased by 58.25% year-on-year, as payments were made according to the original equity transaction agreement and subsidiary performance[12] - Long-term prepaid expenses increased by 80.34% year-on-year, due to a significant rise in the quantity and amount of copyrights purchased by subsidiaries[12]