IDEAL(SZ:002740)2016-10-26 16:00Financial Performance - Operating revenue for the current period reached CNY 324,281,886.65, a significant increase of 132.99% year-on-year [8]. - Net profit attributable to shareholders increased by 83.33% to CNY 20,996,293.79 for the current period [8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 54.54% to CNY 39,182,965.81 year-to-date [8]. - Basic earnings per share for the current period was CNY 0.13, down 69.77% year-on-year [8]. - The estimated net profit for 2016 is projected to be between 84.22 million and 50.53 million yuan, compared to 67.38 million yuan in 2015 [28]. Assets and Liabilities - Total assets increased by 26.03% to CNY 1,486,374,383.89 compared to the end of the previous year [8]. - Accounts receivable increased by 44.24% to ¥498,019,586.34 due to adjustments in sales policies [15]. - Inventory rose by 51.54% to ¥536,997,807.81 driven by increased sales volume of rough diamonds and higher stock levels [15]. - Long-term equity investments surged by 5150.31% to ¥24,509,248.54 due to participation in a newly established merger fund [15]. Cash Flow - The net cash flow from operating activities for the year-to-date was negative at CNY -224,282,401.55, a decrease of 57.60% [8]. - Cash flow from operating activities decreased by 57.60% to -¥224,282,401.55, primarily due to increased cash payments for goods and services [15]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 24,656 [11]. - The top shareholder, Su Riming, holds 25.99% of the shares, amounting to 77,958,000 shares, with 77,955,000 shares pledged [11]. Financial Strategy and Plans - The company plans to raise up to ¥406,500,000 through a private placement to fund the construction of an internet + jewelry open platform [19]. - The company has adjusted its private placement plans, reducing the total amount to be raised and reallocating funds for various platform developments [19]. - The company has adjusted its business strategy to lower gross margins in order to increase market share [28]. Compliance and Governance - There are no instances of non-compliance with external guarantees during the reporting period [29]. - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period [30]. - There were no research, communication, or interview activities conducted during the reporting period [31]. Operating Costs - Operating costs increased by 45.86% to ¥651,292,226.34, reflecting the rise in operating revenue [15]. - Financial expenses decreased by 38.85% to ¥3,722,124.35 due to increased income from financial products [15].