ENC(SH:603869)2015-10-26 16:00Financial Performance - Operating income for the first nine months rose by 19.15% to CNY 290,658,953.09 compared to the same period last year[5] - Net profit attributable to shareholders increased by 82.88% to CNY 77,954,864.19 compared to the same period last year[5] - Basic earnings per share rose by 50.00% to CNY 0.39 compared to the same period last year[6] - Total profit for the first nine months of 2015 was ¥93,975,398.76, an increase of 79.93% compared to ¥52,406,730.56 in the same period last year[51] - Net profit for Q3 2015 reached ¥42,094,217.08, an increase of 47.5% compared to ¥28,578,109.85 in Q3 2014[54] Assets and Liabilities - Total assets increased by 54.66% to CNY 947,011,773.42 compared to the end of the previous year[5] - Cash and cash equivalents increased by 475.94% compared to the beginning of the period, reaching ¥335,417,262.21, primarily due to the inflow of raised funds and bank loans[12] - Total current assets increased from CNY 109,359,070.82 to CNY 387,553,695.52, reflecting a growth of approximately 254%[41] - Total liabilities increased from CNY 146,240,146.55 to CNY 172,388,528.26, which is an increase of approximately 18%[43] Shareholder Information - The total number of shareholders reached 33,967 as of the report date[10] - The largest shareholder, Xin'ao Energy Supply Chain Co., Ltd., holds 56.40% of the shares[10] - Shareholders' equity rose from CNY 466,082,566.85 to CNY 774,623,245.16, representing a growth of about 66%[43] Cash Flow - Net cash flow from operating activities increased by 39.33% to CNY 118,655,150.75 for the first nine months compared to the same period last year[5] - Cash inflow from operating activities for the first nine months of 2015 was ¥353,686,693.81, compared to ¥298,057,888.22 in the same period last year, indicating a growth of 18.7%[57] - Cash inflow from financing activities for the first nine months of 2015 was ¥311,044,928.00, with a net cash flow of ¥229,530,586.52 after outflows[58] Inventory and Expenses - Inventory grew by 37.93% to ¥15,105,111.82, mainly due to increased procurement of shipbuilding materials[13] - Financial expenses decreased by 31.06% to ¥5,720,634.47, mainly due to the repayment of part of the bank loans[21] - Management expenses for Q3 2015 were ¥10,180,158.24, a decrease of 7.57% compared to ¥11,014,599.32 in Q3 2014[50] Future Outlook and Strategy - The company expects a revenue growth of 10% for the next quarter, driven by new product launches and market expansion strategies[33] - The company plans to expand its market presence in Southeast Asia, targeting a 25% increase in market share within the next two years[35] - A strategic acquisition of a local travel agency is in progress, which is expected to enhance service offerings and customer reach[36] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[44] Other Notable Information - The company reported a non-recurring profit of CNY 77,391.72 for the period[8] - The company has committed to a stock buyback program if the stock price falls below the audited net asset value for 20 consecutive trading days[37] - The company has established a priority right for purchasing any new technology or products related to its business, ensuring competitive advantage[38] - The company will not engage in any new business that directly competes with its existing operations to avoid conflicts of interest[39] - The company has reported no significant changes in its financial condition that would lead to a substantial loss compared to the previous year[40]