OBM(SH:603729)2018-10-29 16:00Financial Performance - Net profit attributable to shareholders rose by 29.77% to CNY 19,160,298.98 for the first nine months of the year[6]. - Operating revenue for the first nine months reached CNY 884,331,330.19, reflecting a growth of 21.93% year-on-year[6]. - Basic earnings per share improved by 31.25% to CNY 0.21 per share[6]. - Year-to-date net profit reached CNY 16,871,590.40, up 14.3% from CNY 14,755,598.39 in the same period last year[30]. - The company reported a significant decrease in prepayments by 82.70% to ¥3,465,961.08, as initial prepayments were recognized as current income[12]. - The total comprehensive income for Q3 2018 was CNY 4,032,887.52, down from CNY 11,270,621.88 in Q3 2017[31]. - The net profit for Q3 2018 was -5,699,683.21 RMB, compared to -5,544,790.79 RMB in Q3 2017, indicating a slight increase in losses year-over-year[33]. Asset and Liability Changes - Total assets increased by 49.27% to CNY 1,719,384,054.15 compared to the end of the previous year[6]. - Current assets increased to CNY 855,143,014.95 from CNY 743,016,087.90, representing a growth of approximately 15.1%[22]. - Non-current assets totaled CNY 864,241,039.20, up from CNY 408,849,521.99, reflecting a growth of about 111.1%[23]. - Total liabilities increased to CNY 847,125,508.46 from CNY 295,530,440.89, a rise of about 186.5%[23]. - Owner's equity rose to CNY 872,258,545.69 from CNY 856,335,169.00, showing a slight increase of approximately 1.9%[24]. - Short-term borrowings rose by 167.96% to ¥348,332,074.56, primarily due to new borrowings to support operational funding[12]. Cash Flow and Investments - Net cash flow from operating activities surged by 680.57% to CNY 65,601,136.38 compared to the same period last year[6]. - Cash and cash equivalents increased by 259.88% to ¥246,049,867.86 due to increased business collections and financing during the reporting period[11]. - The company reported a net investment loss of ¥1,250,821.35 due to losses from equity investments in Changying Entertainment[14]. - The company reported a net cash outflow from investing activities of -190,101,429.68 RMB for the first nine months of 2018, compared to -3,038,499.07 RMB in the same period last year[35]. - Cash inflow from financing activities was $269,872,893.36, leading to a net cash flow from financing activities of $168,042,900.84, a significant improvement from -$3,677,384.49 in the previous year[38]. Shareholder Information - The total number of shareholders reached 9,463 by the end of the reporting period[9]. - The largest shareholder, Duan Peizhang, holds 30,694,300 shares, accounting for 32.89% of total shares[10]. Acquisitions and Goodwill - The company completed the acquisition of 60% of Changying Real Estate, which has led to significant changes in the financial statements[16]. - The company has reported a 100% increase in goodwill to ¥4,993,220.57 due to the acquisition of Changying Real Estate[12]. Operational Costs - Total operating costs for Q3 2018 were CNY 304,115,051.80, down 7.2% from CNY 327,766,896.38 in Q3 2017[29]. - Year-to-date total operating costs amounted to CNY 858,196,315.45, an increase of 20.7% compared to CNY 710,899,899.18 in the previous year[29].