People.cn (SH:603000)2017-10-30 16:00Financial Performance - Net profit attributable to shareholders decreased by 78.54% to CNY 16,120,127.01 for the first nine months compared to the same period last year[5]. - Operating revenue increased by 0.32% to CNY 914,785,411.69 for the first nine months compared to the same period last year[5]. - Basic earnings per share decreased by 85.71% to CNY 0.01[6]. - The company reported a net profit of CNY 25,064,441.37 for the first nine months of 2017, compared to CNY 185,002,190.56 for the same period in 2016, indicating a significant decline[27]. - The net profit attributable to the parent company decreased by 78.54% year-on-year, significantly impacted by the previous year's investment income from the disposal of equity, affecting net profit by approximately RMB 64 million[12]. - The total profit for Q3 2017 reached ¥52,327,579.21, compared to ¥53,358,368.89 in Q3 2016, indicating a decrease of 1.9%[29]. - The company reported investment income of ¥9,618,957.41 for Q3 2017, down from ¥11,736,919.66 in the same period last year, a decrease of 18.1%[30]. Assets and Liabilities - Total assets decreased by 5.07% to CNY 3,511,944,365.06 compared to the end of the previous year[5]. - Total current assets decreased from RMB 2.59 billion at the beginning of the year to RMB 2.37 billion[17]. - Total liabilities decreased from RMB 555.72 million at the beginning of the year to RMB 492.73 million[19]. - Total equity decreased from RMB 3.14 billion at the beginning of the year to RMB 3.02 billion[19]. - Total assets as of September 30, 2017, amounted to CNY 2,947,395,844.35, compared to CNY 2,880,349,511.96 at the beginning of the year, reflecting a growth of approximately 2.3%[23]. - Total liabilities increased to CNY 294,152,878.37 from CNY 271,046,867.35 at the beginning of the year, marking an increase of about 8.5%[23]. Cash Flow - Cash flow from operating activities turned positive with a net amount of CNY 20,277,565.64, compared to a negative cash flow of CNY -108,949,707.04 in the same period last year[5]. - Operating cash flow turned from net outflow to net inflow, mainly due to increased business collections during the period[13]. - Cash inflow from operating activities for the period reached ¥1,071,229,042.23, an increase of 17.5% compared to ¥911,700,691.71 in the same period last year[33]. - Net cash flow from operating activities was ¥20,277,565.64, a significant improvement from a net outflow of ¥108,949,707.04 in the previous year[34]. - Cash inflow from investment activities totaled ¥5,967,588,919.18, compared to ¥5,753,145,259.46 in the prior year, reflecting a growth of 3.7%[34]. - The net cash flow from investment activities was -¥119,224,507.19, an improvement from -¥627,015,694.06 in the previous year, indicating better investment management[36]. Investments and Equity - Long-term equity investments increased by 114.17% compared to the beginning of the year due to restructuring and new investments[11]. - Investment income decreased by 78.65% year-on-year, primarily due to the previous year's disposal of equity, which generated investment income of RMB 134 million[12]. - The company’s long-term equity investments increased to CNY 757,260,481.41 from CNY 695,754,874.26 at the beginning of the year, reflecting a growth of about 8.8%[21]. Operational Metrics - Inventory increased by 104.76% compared to the beginning of the year, primarily due to ongoing construction projects[10]. - Total operating costs for Q3 2017 were CNY 315,395,968.64, up from CNY 295,195,114.61 in Q3 2016, indicating an increase of about 6.4%[27]. - Operating profit for Q3 2017 was CNY 50,915,407.64, slightly higher than CNY 50,561,582.11 in Q3 2016, showing a marginal increase of 0.7%[27]. - Operating costs for Q3 2017 were ¥119,467,068.05, which is a 31.0% increase from ¥91,194,838.81 in Q3 2016[30]. Shareholder Information - The number of shareholders reached 62,663 at the end of the reporting period[8]. - The total comprehensive income attributable to minority shareholders for Q3 2017 was ¥8,060,997.83, compared to ¥5,556,018.62 in Q3 2016, an increase of 45.2%[29].