JJIT(SH:900929)2015-10-29 16:00Financial Performance - Operating revenue for the first nine months reached CNY 1,562,412,153.57, a growth of 1.43% year-on-year[8] - Net profit attributable to shareholders decreased by 9.16% to CNY 51,987,146.85 for the first nine months[8] - The company reported a net profit of CNY 212.50 million for the third quarter, down 90.43% year-on-year[15] - The net profit excluding non-recurring gains and losses for the first nine months was CNY 37,262,814.66, a decline of 16.76% compared to the previous year[8] - The company experienced a decrease in operating profit for the first nine months, which fell by 8.78% to CNY 5,304.71 million[15] - Operating profit, net profit attributable to shareholders, and net profit excluding non-recurring gains and losses decreased year-on-year due to losses in the cruise charter business caused by irrational price declines in the second half of the year[16] Assets and Liabilities - Total assets increased by 10.27% to CNY 1,905,033,007.06 compared to the end of the previous year[8] - Total liabilities increased to CNY 674,682,976.79 from CNY 537,797,084.51 year-on-year[33] - Current liabilities totaled CNY 488,024,212.56, compared to CNY 357,423,263.76 in the previous year[32] - Non-current liabilities were reported at CNY 186,658,764.23, slightly up from CNY 180,373,820.75[33] - Owner's equity increased to CNY 1,230,350,030.27 from CNY 1,189,849,923.81 year-on-year[33] - The total non-current assets amounted to CNY 1,221,171,365.23, up from CNY 1,202,882,331.02 at the beginning of the year[36] Cash Flow - Cash flow from operating activities surged to CNY 31,202,049.03, a significant increase of 7,732.70% compared to the same period last year[8] - Cash inflow from investment activities for the first nine months of 2015 was CNY 253,251,219.20, slightly down from CNY 257,499,252.21 in the previous year[48] - Cash outflow from investment activities for the first nine months of 2015 was CNY 230,887,949.78, compared to CNY 230,414,170.20 in the previous year[48] - The net increase in cash and cash equivalents for Q3 2015 was CNY 24,137,826.51, compared to a decrease of CNY 1,811,497.25 in the previous year[48] - Operating cash flow for the first nine months of 2015 was negative at -8,174,873.00 RMB, an improvement from -12,503,279.54 RMB in the same period last year[49] Shareholder Information - The total number of shareholders at the end of the reporting period was 13,133[12] - The largest shareholder, Shanghai Jin Jiang International Hotel (Group) Co., Ltd., holds 50.21% of the shares[12] Revenue Breakdown - Outbound tourism revenue increased by 6.32% to CNY 968,164,402.12, while inbound tourism revenue decreased by 12.08% to CNY 85,545,113.37[18] - Domestic tourism revenue rose by 7.60% to CNY 117,227,982.12, while ticketing business revenue fell by 6.66% to CNY 235,458,288.77[18] Strategic Initiatives - The company established a product department to enhance new product development and explore new tourism resources[16] - The company is focusing on developing weekend and holiday travel packages around Shanghai, introducing brands like "Calling Friends" and "Light Luxury Weekend" to adapt to changing consumer travel preferences[17] - The company is leveraging big data analysis and market information management to actively expand the inbound tourism market[17] - The company is exploring various forms of cooperation in marketing channels, both within and outside the Jinjiang International Group, to enhance synergy and develop specialized products[17] Investment Activities - The company sold 1,200,000 shares of Pudong Development Bank, resulting in an investment gain of ¥14,863,925.87[26] - The company purchased 8,000 shares of Guotai Junan for ¥157,680.00, with no shares remaining at the end of the reporting period[26] Dividend and Equity - The cash dividend distribution approved by the 2014 annual general meeting was ¥2.22 per 10 shares, based on a total share capital of 132,556,270 shares[27] - As of September 30, 2015, the company's cash and cash equivalents increased to ¥461,445,032.90 from ¥402,307,206.39 at the beginning of the year, representing a growth of approximately 14.1%[31] Comprehensive Income - The total comprehensive income for Q3 2015 was approximately -¥69.75 million, compared to ¥64.96 million in Q3 2014, with year-to-date comprehensive income of ¥69.93 million versus ¥79.75 million last year[42]