Peacebird(SH:603877)2017-10-30 16:00Financial Performance - Operating revenue for the first nine months reached CNY 4,312,798,916.04, a 9.73% increase year-on-year[7] - Net profit attributable to shareholders decreased by 28.73% to CNY 169,983,049.94 compared to the same period last year[7] - Basic earnings per share decreased by 36.84% to CNY 0.36 compared to the same period last year[7] - The weighted average return on equity decreased by 7.78 percentage points to 5.78% compared to the same period last year[7] - The company reported a net profit margin improvement, with net profit for the first nine months of 2017 showing a significant increase compared to the previous year[31] - The total profit for the first nine months of 2017 was CNY 218,354,753.84, down from CNY 281,178,671.30 in the previous year, indicating a decline of 22.3%[36] - The net profit for Q3 2017 was CNY 75,147,702.21, representing a decrease of 19.5% from CNY 93,760,684.87 in the same period last year[34] Assets and Liabilities - Total assets increased by 19.00% to CNY 5,623,123,736.69 compared to the end of the previous year[7] - Net assets attributable to shareholders increased by 51.07% to CNY 3,016,443,682.45 compared to the end of the previous year[7] - The total liabilities decreased from approximately ¥2.74 billion to ¥2.62 billion during the reporting period[26] - The total liabilities decreased to ¥819,106,541.43 from ¥1,017,297,020.59, indicating a reduction of 19.5%[29] - The company's total assets as of September 30, 2017, amounted to ¥3,125,766,680.08, compared to ¥2,234,561,012.91 at the beginning of the year, indicating a growth of 39.9%[29] Cash Flow - Net cash flow from financing activities increased significantly by 2,115.88% to CNY 675,755,365.32 compared to the same period last year[7] - The net cash flow from operating activities was -261,284,209.40 RMB, compared to -16,494,205.54 RMB in the previous period, indicating a significant decline in operational cash flow[39] - Total cash inflow from operating activities reached 5,045,931,625.96 RMB, an increase from 4,654,328,020.04 RMB year-over-year[39] - The cash outflow from operating activities totaled 5,307,215,835.36 RMB, up from 4,670,822,225.58 RMB in the previous period[39] - The net cash flow from financing activities was 675,755,365.32 RMB, a substantial increase from 30,495,994.20 RMB in the previous period[40] Revenue Breakdown - Operating income for the apparel segment reached ¥4,251,295,217.19, reflecting a 10.23% increase year-on-year[15] - Online sales revenue reached approximately ¥967.87 million, with a year-over-year increase of 49.16%[20] - Offline sales revenue totaled approximately ¥3.28 billion, reflecting a year-over-year growth of 2.36%[20] - The overall revenue for the company was approximately ¥4.25 billion, marking a year-over-year increase of 10.23%[20] Shareholder Information - The total number of shareholders reached 21,338 by the end of the reporting period[9] - The largest shareholder, Taiping Bird Group Co., Ltd., holds 47.69% of the shares[9] Inventory and Assets Management - Cash and cash equivalents decreased by 37.38% to ¥695,321,955.80 from ¥1,110,439,603.36 due to reclassification to other current assets[11] - Prepayments increased by 59.41% to ¥435,021,717.40, primarily due to higher deposits for winter products compared to summer products[11] - Other current assets surged by 3,674.18% to ¥742,678,095.04, mainly from the purchase of financial products during the reporting period[11] - Inventory levels increased to ¥550,977,035.46 from ¥500,305,908.15, reflecting a rise of 10.1%[28] Store Operations - The company closed 168 direct stores and 539 franchise stores during the reporting period, while opening 205 direct stores and 642 franchise stores[19] - The total number of offline stores at the end of the reporting period was 4,173, a slight increase of 0.55% compared to the previous year[19] Investment Activities - The company acquired 100% equity of Shanghai Xuanyi Cultural Communication Co., Ltd. for ¥65,000, resulting in goodwill of ¥113,119.50[12] - The company sold assets from its wholly-owned subsidiary for approximately ¥72.33 million, impacting its financial position positively[21] - The company purchased commercial properties and office buildings for approximately ¥255.71 million, with a portion funded by raised capital[21]