FCSC(SZ:002797)2017-10-27 16:00Financial Performance - Operating revenue for the period was CNY 493.36 million, down 20.99% year-on-year[11] - Net profit attributable to shareholders decreased by 43.38% to CNY 109.65 million for the period[11] - Basic earnings per share fell by 43.38% to CNY 0.03[11] - The company reported a decrease of 29.57% in net profit attributable to shareholders for the year-to-date period, totaling CNY 298.87 million[11] - Basic earnings per share fell by 33.48% to 0.09 from 0.13, mainly due to a decline in operating profit[24] Assets and Liabilities - Total assets decreased by 3.45% to CNY 30.61 billion compared to the end of the previous year[11] - Cash flow from operating activities showed a net outflow of CNY 1.89 billion for the period[11] - Derivative financial assets increased by 503.29% to 16,334,884.47 from 2,707,629.00 due to fluctuations in the securities market[23] - Accounts receivable rose by 99.21% to 679,686,871.40 from 341,186,003.85 primarily due to an increase in receivable business payments[23] - Short-term borrowings reached 20,000,000.00, marking a 100.00% increase attributed to loans from subsidiaries[23] - Total liabilities from repurchase agreements increased by 46.89% to 5,094,441,183.86 from 3,468,257,725.94, mainly due to an increase in interbank repurchase transactions[23] - Deferred income tax liabilities rose by 123.46% to 5,346,571.43 from 2,392,649.11, primarily due to an increase in floating income from financial assets[23] Cash Flow - Cash flow from operating activities showed a significant improvement, increasing to 16,481,675.49 from -3,808,127,948.34, primarily due to the disposal of trading financial assets[24] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 291,258[17] - The largest shareholder, Huaxi Xinyu Investment Co., Ltd., holds 15.41% of shares, with 424 million shares pledged[17] Non-Recurring Items - Non-recurring gains and losses included government subsidies amounting to CNY 2.51 million[13] - Other comprehensive income showed a decline, with a net amount of -43,939,377.86 compared to -29,450,411.13, mainly due to a decrease in floating income from available-for-sale financial assets[23] Investments and Acquisitions - The company acquired a 33.30% stake in its subsidiary, J.P. Morgan Broking (Hong Kong) Limited, for RMB 306,758,901[29] - The subsidiary was renamed to First Capital Securities Underwriting and Sponsorship Co., Ltd. after becoming a wholly-owned subsidiary[31] - The total initial investment cost for financial assets was RMB 11,038,911,475.11, with a reported loss of RMB 8,758,091.46 in fair value changes[36] Corporate Developments - The company established two new branches and two new securities business departments, with operations commencing successfully[32] - The company completed the establishment of a new branch in Guangzhou, which is currently in progress[32] Investor Relations - The company reported a total of 142 investor inquiries answered through the "Interactive Easy" platform and 245 inquiries via the investor hotline and email[40] - The company did not provide specific earnings guidance for 2017 due to the volatility of the securities market[34] Legal and Compliance - The company paid a total of RMB 754,447.05 to a former employee following a court ruling related to a labor dispute[28] - The company has no violations regarding external guarantees during the reporting period[38] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[39]