凯文教育(002659) - 2017 Q3 - 季度财报

Financial Performance - Operating revenue for the period reached CNY 217,807,165.26, representing a significant increase of 239.16% year-on-year[8] - Net profit attributable to shareholders was a loss of CNY 36,618,633.63, a decrease of 6.58% compared to the same period last year[8] - Basic earnings per share were reported at -CNY 0.07, an improvement of 36.36% compared to -CNY 0.12 in the same period last year[8] - The weighted average return on net assets was -1.67%, a decrease of 2.02% year-on-year[8] - The company reported non-recurring gains and losses totaling CNY 4,008,327.48 for the year-to-date[9] - The company reported a net loss leading to a decrease in undistributed profits by ¥61,932,634.97, a decline of 530.02%[19] - The company expects to turn a profit in 2017, with a projected net profit of 35 million yuan compared to a loss of 96.05 million yuan in 2016[28] Assets and Liabilities - Total assets increased by 15.52% to CNY 4,386,672,013 compared to the end of the previous year[8] - The company's accounts receivable decreased by ¥135,990,747.53, a decline of 37.91%, mainly due to increased collections from bridge business projects[16] - The company's inventory increased by ¥231,853,955.61, a growth of 58.68%, primarily due to new bridge projects and increased raw material stock[16] - The company's short-term borrowings increased by ¥111,200,000.00, a growth of 76.01%, due to additional loans for bridge business projects[17] - The company's goodwill increased by ¥214,366,462.77, a staggering growth of 68,693.68%, resulting from the acquisition of several subsidiaries[17] - The company's net cash received from the acquisition of subsidiaries increased by ¥139,904,172.56, a growth of 100%, due to the acquisition of equity in subsidiaries[22] Revenue and Costs - The company's operating revenue increased by ¥201,291,455.86, a growth of 81.24%, attributed to higher business volume in bridge operations and the commencement of education services[20] - The company's operating costs rose by ¥154,667,806.19, an increase of 61.4%, due to the same factors as the revenue increase[20] - The company's cash received from sales and services increased by ¥210,617,363.49, a growth of 55.49%, driven by increased collections from bridge projects and education service fees[21] Shareholder Information - The total number of shareholders at the end of the reporting period was 13,531[12] - The largest shareholder, Ba Da Chu Holdings Group, holds 32.09% of the shares, amounting to 160,006,093 shares[12] - The company did not engage in any repurchase transactions among the top shareholders during the reporting period[13] - The company’s employee compensation payable increased by ¥7,895,904.70, a growth of 197.86%, due to the addition of new subsidiaries and corresponding salary increases[18] Future Outlook - The anticipated profit includes potential gains from the sale of 100% equity in Xinzhongtai, which was approved by the board on October 16, 2017, pending shareholder approval[28] - There are uncertainties regarding the transaction related to the sale of Xinzhongtai's equity[28]