M&G(SH:603899)2017-10-23 16:00Financial Performance - Net profit attributable to shareholders rose by 24.14% to CNY 490,701,042.79 for the first nine months of the year[6] - Operating revenue for the first nine months reached CNY 4,492,999,748.30, marking a 30.14% increase year-on-year[6] - Basic earnings per share increased by 24.13% to CNY 0.5334[7] - The company reported a net profit of ¥1,326,557,976.71 for the first nine months of 2017, compared to ¥1,060,131,605.24 in the same period last year, indicating a growth of about 25.1%[24] - Net profit for Q3 2017 was ¥202,791,628.28, representing a 36.9% increase compared to ¥148,073,084.61 in Q3 2016[26] - Total profit for Q3 2017 amounted to ¥236,060,298.37, a rise of 36.0% compared to ¥173,902,662.12 in Q3 2016[26] - Operating profit for Q3 2017 was ¥210,137,797.31, an increase of 34.6% from ¥156,074,081.01 in Q3 2016[26] - Operating profit for the first nine months increased to ¥559.46 million, a 30% rise compared to ¥430.18 million in the previous year[29] Revenue and Costs - The company reported a 30.97% increase in operating costs, totaling RMB 3,303,903,479.17, in line with revenue growth[15] - Total operating revenue for Q3 2017 reached ¥1,707,591,677.24, a 34.2% increase from ¥1,272,799,344.24 in the same period last year[25] - Total operating costs for Q3 2017 were ¥1,507,843,400.91, up 34.3% from ¥1,122,607,341.32 in Q3 2016[25] - Sales expenses for the first nine months of 2017 were ¥400,924,645.23, up 43.9% from ¥278,345,360.07 in the same period last year[25] - Management expenses for the first nine months of 2017 increased to ¥249,010,601.99, compared to ¥218,282,253.35 in the previous year, reflecting a 14.1% rise[25] Assets and Liabilities - Total assets increased by 12.14% to CNY 3,843,030,112.08 compared to the end of the previous year[6] - Current assets totaled ¥2,500,800,977.55, an increase from ¥2,402,865,215.73, reflecting a growth of about 4.1%[20] - Non-current assets rose to ¥1,342,229,134.53 from ¥1,024,028,109.05, marking a significant increase of approximately 31.1%[20] - Total liabilities amounted to ¥1,073,021,998.59, compared to ¥910,127,066.39, indicating an increase of around 17.9%[21] - Owner's equity reached ¥2,770,008,113.49, up from ¥2,516,766,258.39, showing a growth of approximately 10.0%[21] Cash Flow - The net cash flow from operating activities decreased by 5.61% to CNY 374,517,430.12[6] - Cash flow from operating activities for the first nine months was ¥5.17 billion, compared to ¥3.93 billion in the same period last year, reflecting a 31.8% increase[32] - Net cash flow from operating activities reached CNY 510,546,875.49, up from CNY 430,374,666.00, reflecting a growth of 18.6% year-over-year[34] - Cash outflow from investment activities totaled CNY 2,453,088,074.36, a decrease of 5.1% compared to CNY 2,585,042,167.25 in the previous year[34] - Cash flow from financing activities showed a net outflow of -CNY 230,000,000.00, slightly worse than -CNY 226,111,400.00 in the same period last year[35] Shareholder Information - The total number of shareholders reached 13,954 by the end of the reporting period[9] - The largest shareholder, Morning Glory Holdings Group, holds 58.26% of the shares[10] Strategic Investments - The company has made strategic investments in land and property, acquiring 133 acres in Qingcun, which is expected to support future expansion[13] - The company received government subsidies totaling CNY 32,943,264.21 during the reporting period[8] Other Financial Metrics - The weighted average return on equity improved by 1.59 percentage points to 19.26%[6] - The company reported a net loss of CNY 782,739.54 from the disposal of non-current assets due to equipment upgrades[8] - The company’s long-term deferred expenses rose by 37.06% to RMB 73,694,476.21, reflecting increased investments in franchise stores and other business upgrades[13] - The company’s other income was reported at RMB 4,970,390.95, a new line item introduced following accounting changes[16]