NANCAL(SH:603859)2016-10-30 16:00Financial Performance - Operating revenue for the first nine months was ¥105,581,511.44, representing a 23.83% increase year-on-year[6] - Net profit attributable to shareholders was ¥8,877,152.70, a significant turnaround from a loss of ¥4,767,591.18 in the same period last year, marking a 286.20% increase[6] - Basic and diluted earnings per share improved to ¥0.1042, compared to a loss of ¥0.0560 per share in the previous year[7] - Net profit increased by 248.79% to ¥7,228,036.60, driven by higher operating income and improved gross margin[12] - The total profit for Q3 2016 was ¥53,010,062.69, compared to a loss of ¥8,849,146.48 in the same period last year[26] - The net profit for the first nine months of 2016 reached ¥82,554,125.88, compared to ¥44,583,645.08 for the same period last year, representing an increase of 85%[27] - The total comprehensive income attributable to the parent company was CNY 2,616,692.04, compared to a loss of CNY 5,982,590.30 in the same quarter last year[25] Assets and Liabilities - Total assets at the end of the reporting period reached ¥518,725,592.04, a 0.94% increase compared to the previous year[6] - The total liabilities of the company were CNY 75,404,772.69, with current liabilities amounting to CNY 72,916,772.77, down from CNY 79,230,525.95 at the beginning of the year[19] - The company's current assets totaled CNY 437,324,736.82, compared to CNY 434,566,828.16 at the start of the year, indicating a marginal increase[17] - The total liabilities amounted to CNY 72,671,220.20, down from CNY 94,209,915.94 in the previous year[22] Cash Flow - The net cash flow from operating activities showed a decline, with a net outflow of ¥54,276,988.28, worsening by 193.68% compared to the previous year[6] - The company reported a cash balance of CNY 61,679,337.30, down from CNY 122,887,752.40 at the beginning of the year, indicating a decrease of approximately 49.8%[17] - The company reported a total cash outflow from operating activities of $128.09 million, compared to $85.83 million last year, representing a 49.2% increase[33] - The company received cash from operating activities totaling ¥84,924,787.62 in the first nine months of 2016, down from ¥116,810,994.23 in the same period last year[30] Shareholder Information - Net assets attributable to shareholders increased by 2.09% to ¥432,855,322.33 from the previous year[6] - The total number of shareholders at the end of the reporting period was 22[10] - The top three shareholders held a combined 71.175% of the shares, with the largest shareholder, Zu Jun, owning 29.55%[10] - The company’s minority interest increased by 33.07% to ¥10,465,497.02, reflecting the capital contributions from minority shareholders of its subsidiary[11] Investments and Expenses - Long-term equity investments increased by 38.77% to ¥6,931,815.64 due to additional investments in Beijing Botian Haoyu Co., Ltd.[11] - Financial expenses decreased by 149.04% to -¥1,356,603.42, mainly due to an increase in exchange gains from the appreciation of the US dollar against the RMB[12] - The company incurred sales expenses of ¥5,104,543.88 in Q3 2016, an increase of 32.4% compared to ¥3,853,185.37 in the same period last year[26] - The company’s management expenses for the first nine months of 2016 were ¥20,510,169.47, slightly down from ¥21,801,882.48 in the same period last year[26] Future Outlook - The company has not indicated any significant changes in net profit forecasts for the upcoming reporting period[14] - The report does not mention any new product developments or market expansion strategies during this quarter[14] - The company plans to expand its market presence and invest in new product development to drive future growth[23] - The company aims to enhance operational efficiency and reduce costs through strategic initiatives in the upcoming quarters[23]