CENTURY(SZ:300078)2017-10-27 16:00Financial Performance - Operating revenue for the reporting period was CNY 261,919,704.98, an increase of 1.26% year-on-year [7]. - Net profit attributable to shareholders was CNY 35,737,554.77, a decrease of 3.57% compared to the same period last year [7]. - The net profit after deducting non-recurring gains and losses was CNY 28,255,734.08, down 20.56% year-on-year [7]. - The basic earnings per share for the reporting period was CNY 0.0442, a decrease of 10.16% compared to the same period last year [7]. - The weighted average return on equity was 1.77%, down 0.97% from the previous year [7]. - The company reported a total profit of ¥123,053,854.41, an increase of 8.5% compared to ¥113,858,544.00 in the previous period [43]. - Net profit for the current period was ¥104,989,761.71, representing a 4.0% increase from ¥100,140,650.35 in the previous period [43]. Cash Flow - The net cash flow from operating activities was CNY -55,108,964.58, a decrease of 254.43% year-on-year [7]. - Operating cash inflow totaled CNY 772,102,107.03, an increase from CNY 725,998,008.34 in the previous period [50]. - Net cash flow from operating activities was negative at CNY -55,108,964.58, compared to a positive CNY 35,685,525.71 in the previous period [50]. - Investment activities generated a net cash outflow of CNY -160,656,439.79, an improvement from CNY -504,322,053.96 in the previous period [51]. - Financing activities resulted in a net cash outflow of CNY -310,437,456.72, compared to a net inflow of CNY 150,484,386.68 in the previous period [51]. - The company reported a net decrease in cash and cash equivalents of CNY -525,175,692.07, compared to a decrease of CNY -316,713,085.79 in the previous period [51]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,737,568,121.26, a decrease of 7.38% compared to the end of the previous year [7]. - Total current assets decreased from 1,567,360,555.87 to 1,264,539,011.48, a decline of approximately 19.3% [26]. - Non-current assets increased from 1,388,390,121.98 to 1,473,029,109.78, reflecting a growth of about 6.1% [27]. - Total liabilities decreased from 895,717,322.75 to 668,845,665.01, a reduction of approximately 25.4% [28]. - Total equity increased from 2,060,033,355.10 to 2,068,722,456.25, a slight increase of approximately 0.8% [29]. - Cash and cash equivalents decreased significantly from 690,858,109.70 to 165,612,417.63, a decline of about 76.1% [26]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 57,887 [11]. - The top shareholder, Lu Nan, held 17.54% of the shares, amounting to 141,705,000 shares [11]. Operational Metrics - Accounts receivable increased by 18.96% to ¥639.86 million, attributed to increased sales and delayed customer payments due to seasonal factors [16]. - Prepayments surged by 122.03% to ¥47.89 million, mainly due to increased prepayments to strategic partners [16]. - Inventory rose by 17.60% to ¥308.52 million, reflecting an increase in operating reserves due to higher sales volume [16]. - The company reported a 34.59% increase in selling expenses to ¥60.83 million, driven by higher marketing investments [17]. - Financial expenses decreased by 55.13% to ¥10.22 million, resulting from loan repayments and lower interest expenses [17]. Strategic Initiatives - The company plans to invest ¥33.33 million in acquiring an 8.33% stake in Hangzhou Cognition Network Technology Co., Ltd. to enhance its capabilities in medical AI and big data applications [18]. - The company is in the process of liquidating its subsidiary, Green Tai Information Technology (Shanghai) Co., Ltd., to optimize resource allocation and reduce management costs [18].