ENC(SH:603869)2016-10-25 16:00Financial Performance - Operating income for the period reached CNY 387,301,738.62, a growth of 33.25% year-on-year [7]. - Net profit attributable to shareholders increased by 20.26% to CNY 93,751,316.73 compared to the same period last year [7]. - Basic earnings per share rose by 10.26% to CNY 0.43 [7]. - The company achieved a revenue of 387.3 million RMB in the third quarter, representing a 33% increase compared to the same period last year [17]. - Net profit for the third quarter was 101.18 million RMB, reflecting a 30% growth year-over-year [19]. - The company reported a total profit for the third quarter of CNY 60,641,635.26, up 22% from CNY 49,703,788.44 in the same period last year [55]. - The total comprehensive income attributable to the parent company for the third quarter was CNY 65,685,146.01, compared to CNY 41,494,908.60 in the previous year, marking a 58% increase [55]. Assets and Liabilities - Total assets increased by 315.04% to CNY 3,846,006,182.63 compared to the end of the previous year [6]. - Net assets attributable to shareholders increased by 223.12% to CNY 2,494,730,871.79 compared to the end of the previous year [6]. - The total number of shareholders reached 16,642 by the end of the reporting period [10]. - The company’s total equity attributable to shareholders reached approximately 2.49 billion RMB, up from 772.07 million RMB at the beginning of the year, reflecting a growth of 223.5% [45]. - The total current liabilities rose to approximately 1.08 billion RMB from 132.03 million RMB at the beginning of the year, indicating a substantial increase [44]. - The company's long-term borrowings increased to approximately 170.57 million RMB from 15.50 million RMB at the beginning of the year, showing a significant increase in leverage [44]. Cash Flow - Net cash flow from operating activities for the year-to-date was CNY 151,312,803.40, up 27.52% from the previous year [6]. - The company’s cash flow from operating activities increased by 28% year-over-year, totaling 151.31 million RMB [19]. - The cash flow from investment activities included CNY 45,000,000.00 received from other investment-related activities [61]. - The net cash flow from investing activities was -CNY 268,187,311.45, significantly higher than -CNY 70,746,105.21 in the previous year, indicating increased investment outflows [61]. - The ending cash and cash equivalents balance was CNY 43,031,480.53, a significant drop from CNY 310,999,949.18 at the end of the previous year [62]. Investments and Acquisitions - The company completed the acquisition of 100% equity in Bokan Intelligent Network Technology Co., Ltd. on September 22, 2016, as part of a major asset restructuring approved by the China Securities Regulatory Commission [22]. - The company’s capital reserve grew by 505% to 187.78 million RMB, mainly due to the issuance of shares for the acquisition of Bokan Intelligent [16]. - The company has committed to a profit compensation mechanism for Bokan Intelligent, ensuring that if the net profit falls below the promised levels, compensation will be made in shares [38]. Shareholder and Market Relations - The company guarantees that any related party transactions will adhere to normal commercial practices and be priced fairly based on market conditions [31]. - The company expresses confidence in the future development of the Chinese economy and capital market, aiming to promote healthy and stable growth [34]. - The company emphasizes the importance of maintaining the interests of all shareholders during market fluctuations [33]. - The company plans to actively explore measures for major shareholder increases to stabilize stock prices [34]. Future Plans and Commitments - To address the capacity gap from retiring old vessels, the company plans to build a 750-passenger ordinary passenger ship for the Beidui route, with an estimated investment of RMB 72 million [23]. - The company plans to expand its market presence and invest in new product development to sustain growth in the upcoming quarters [51]. - The company has established a long-term commitment to avoid any actions that could lead to direct or indirect competition with Beibu Gulf Tourism [29].