凯文教育(002659) - 2015 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 226,782,708.69, representing a 16.80% increase year-on-year[7] - Net profit attributable to shareholders decreased by 17.78% to CNY 7,026,915.65 compared to the same period last year[7] - The company reported a net profit attributable to shareholders of CNY -1,967,207.80 year-to-date, a decrease of 167.89%[7] - Total profit and net profit attributable to shareholders decreased by 8,552,447.78 CNY and 4,864,656.10 CNY respectively, primarily due to a decline in revenue and increased fixed costs[16] - The company expects net profit attributable to shareholders to decrease by 84.55% to 38.20% in 2015, with a projected range of 200,000 to 800,000 CNY[24] Assets and Cash Flow - Total assets increased by 11.59% to CNY 2,184,807,547.26 compared to the end of the previous year[7] - The net cash flow from operating activities surged by 2,051.63% to CNY 224,728,309.26 year-to-date[7] - The company's cash balance increased by 214,025,856.59 CNY, a growth of 101.34%, mainly due to increased project repayments[14] - Cash received from sales increased by 186,717,641.98 CNY, a growth of 64.59%, mainly due to increased project repayments[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,242[10] - Jiangsu Huanyu Investment Development Co., Ltd. held 21.34% of shares, totaling 66,371,400 shares[10] - Jinling Investment Holding Co., Ltd. held 7.88% of shares, totaling 24,500,000 shares[10] Liabilities and Expenses - The company's construction project claims in North America led to an increase in operating expenses by 468.37%[16] - The company's interest payable increased by 254.56% due to accrued unpaid bond interest[15] - The company reduced its other payables by 7,362,400.54 CNY, a decrease of 36.26%, mainly due to repaying loans[15] Investments and Financing - The company engaged in a repurchase agreement involving 15,500,000 shares, representing 4.98% of total shares[11] - The company plans to raise up to 1.75 billion CNY through a private placement to repay bonds and supplement working capital[19] - The company did not engage in any securities investments during the reporting period[25] - The company did not hold any equity in other listed companies during the reporting period[26] Other Financial Metrics - The weighted average return on net assets was 1.17%, a decrease of 0.29% compared to the previous year[7] - Long-term receivables rose by 85,734,052.10 CNY, a growth of 42.40%, attributed to the completion progress of funded projects[14] - The company's prepayments increased by 39,791,665.68 CNY, a growth of 217.21%, due to new project prepayments[14]