DZH(SH:601519)2017-10-27 16:00Financial Performance - Operating revenue decreased by 8.21% to CNY 474,244,570.01 for the first nine months compared to the same period last year[6] - Net profit attributable to shareholders was CNY 445,781,053.27, a significant recovery from a loss of CNY 722,452,165.15 in the previous year[6] - Basic and diluted earnings per share were CNY 0.224, recovering from a loss of CNY 0.363 per share in the previous year[7] - Total revenue for Q3 2017 was CNY 168.78 million, a decrease of 28.16% compared to CNY 234.92 million in Q3 2016[37] - Net profit for Q3 2017 was CNY 548.38 million, compared to a net loss of CNY 518.29 million in Q3 2016, marking a turnaround[39] - The company reported a total profit of ¥343,438,010.39 for Q3 2017, a recovery from a loss of ¥129,016,073.93 in the previous year[43] Assets and Liabilities - Total assets increased by 19.87% to CNY 1,976,390,520.19 compared to the end of the previous year[6] - The total number of shareholders reached 136,427 as of the report date[10] - The company's current assets totaled RMB 870,449,897.92, an increase from RMB 787,216,480.83 at the start of the year, representing a growth of about 10.00%[29] - The total liabilities decreased from RMB 702,813,778.60 to RMB 598,676,969.49, showing a reduction of approximately 14.83%[30] - Total assets as of September 30, 2017, amounted to RMB 1,976,390,520.19, up from RMB 1,648,735,111.70 at the beginning of the year, reflecting a growth of approximately 19.87%[31] Cash Flow - The net cash flow from operating activities improved to CNY -238,805,312.19 from CNY -526,435,896.05 year-over-year[6] - Cash inflow from operating activities for the first nine months was CNY 554,126,682.60, a decrease of 65.1% compared to CNY 1,588,693,244.43 in the previous year[45] - Cash outflow from operating activities totaled CNY 792,931,994.79, down 62.6% from CNY 2,115,129,140.48 year-on-year[45] - Cash inflow from financing activities was CNY 80,000,000.00, compared to CNY 200,000.00 in the previous year[46] - The net increase in cash and cash equivalents was CNY 43,006,171.78, down 68.3% from CNY 135,935,975.01 year-on-year[46] Shareholder Information - The top shareholder, Zhang Changhong, holds 35.46% of the shares, with a total of 704,792,657 shares[11] - The controlling shareholder Zhang Changhong transferred 400,000,000 shares (20.12% of total shares) to Xinhuh Group, maintaining the company's actual controller[19] Legal Matters - The company is involved in a legal dispute with 1334 plaintiffs regarding securities false statement liability, with a total claim amount of RMB 285,699,026.80[22] - The court has allowed 435 plaintiffs to withdraw their claims, reducing the total claim amount by RMB 103,631,185.24[23] - The court ruled on 125 plaintiffs' claims, with a total compensation amount of RMB 5,028,918.07 awarded to 45 plaintiffs[24] Government Support and Investments - The company received government subsidies amounting to CNY 1,996,358.81 during the reporting period[8] - Long-term equity investments surged by 6209.95% to RMB 367,582,960.12 as a result of the loss of control over Dazhihui (Hong Kong) and the revaluation of remaining equity at fair value[12] - Investment income rose by 3865.02% to RMB 545,249,414.78, primarily due to the disposal of Dazhihui (Hong Kong) and the revaluation of remaining equity[15] Management and Operational Changes - The company has received an administrative penalty from the China Securities Regulatory Commission, which may impact its operations and investor confidence[26] - The company is actively working to mitigate the risk of delisting due to negative net profits in previous years[26] - The company has not reported any significant changes in its commitments or forecasts for the upcoming reporting period[27]