SEPTWOLVES(SZ:002029)2018-10-29 16:00Financial Performance - Net profit attributable to shareholders was CNY 79,847,489.31, an increase of 9.65% year-on-year[7]. - Operating income for the reporting period was CNY 893,777,686.89, reflecting a growth of 15.60% compared to the same period last year[7]. - Basic earnings per share were CNY 0.11, up 10.00% from the previous year[7]. - The weighted average return on equity was 1.43%, an increase of 0.06% compared to the previous year[7]. - The company reported non-recurring gains of CNY 104,070,876.53, primarily from investment income from financial products[10]. - The estimated net profit attributable to shareholders for 2018 is projected to be between RMB 316.58 million and RMB 364.07 million, reflecting a growth of 0% to 15% compared to 2017[35]. Cash Flow - The net cash flow from operating activities was negative CNY 65,028,006.95, a decline of 124.87% year-on-year[7]. - Net cash flow from operating activities decreased by 155.39% to -RMB 179,302,696.53 primarily due to higher procurement payments and tax payments[22]. - Net cash flow from investing activities improved by 146.83% to RMB 433,696,122.02 compared to the previous year[22]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 8,410,672,932.73, a decrease of 2.01% compared to the end of the previous year[7]. - Other receivables increased by 394.89% to RMB 86,024,895.31 due to the increase in pre-provisioned insurance claims and interest[20]. - Inventory rose by 37.78% to RMB 1,187,435,679.91 as a result of the peak procurement period for autumn and winter products[20]. - Long-term equity investments increased by 32.44% to RMB 586,865,649.90 due to additional investments in Shanghai Shangshi Hongzhang[20]. - The company repaid RMB 500 million in short-term loans, a decrease of 37.50% compared to the previous period[20]. Investments and Funds - The company plans to establish a RMB 600 million fund for investment in large and medium-sized retail enterprises, with a cornerstone investment of RMB 300 million from the company[24]. - The company has completed six phases of capital contributions totaling RMB 300 million, achieving 100% of the subscribed amount[25]. - The fund's total raised capital has reached RMB 554 million after the introduction of new qualified investors[27]. - The company plans to invest RMB 320.4 million in acquiring 80.1% of Karl Lagerfeld Greater China Holdings Limited[28]. - The company has completed 70% of the purchase price for the overseas direct investment and the equity transfer was finalized on December 8, 2017[29]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 36,067[12]. - The largest shareholder, Fujian Qipilang Group Co., Ltd., held 34.29% of the shares[12]. - There are no overdue commitments from the actual controller, shareholders, or related parties during the reporting period[34]. Government and Subsidies - The company received government subsidies amounting to RMB 36,056,079.67, a 67.35% increase year-on-year[20]. Risk Management - There were no high-risk entrusted financial management situations reported during the period[41]. - The company did not engage in any research, communication, or interview activities during the reporting period[42]. Miscellaneous - The company experienced a fire incident at its Jinjiang warehouse, but it did not significantly impact operations or result in casualties[30]. - The company has received a fire accident identification report, ruling out several potential causes for the fire[31]. - The fund's performance share for the company will adjust from 40% to 30% once the LPs achieve a 20% annualized compound return on their investments[26]. - The board of directors meeting was held on October 30, 2018[43].