KINGSUN(300235)2017-10-23 16:00Financial Performance - Operating revenue for the current period was CNY 43,183,005.26, representing a year-on-year increase of 19.62%[8] - Net profit attributable to shareholders was CNY 13,792,880.79, a year-on-year increase of 3.62%[8] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 13,080,772.63, up 10.18% year-on-year[8] - Basic earnings per share for the current period was CNY 0.0822, a decrease of 2.14% compared to the same period last year[8] - The weighted average return on net assets was 2.37%, down 1.49% year-on-year[8] - The company's operating revenue for Q3 2017 was CNY 43,172,166.18, an increase from CNY 36,100,081.64 in the previous period[44] - Net profit for Q3 2017 reached CNY 13,718,857.82, compared to CNY 13,288,383.15 in the same period last year, reflecting a growth of approximately 3.2%[42] - The total profit for Q3 2017 was CNY 14,303,578.79, slightly down from CNY 14,649,413.16 in the previous year[41] - The company's basic and diluted earnings per share for Q3 2017 were both CNY 0.0822, compared to CNY 0.084 in the previous year[42] - The net profit for the current period was CNY 11,513,099.85, down 36.5% from CNY 18,152,897.47 in the same period last year[50] - The total profit for the current period was CNY 12,112,833.22, a decrease of 40.7% from CNY 20,420,527.12 in the previous period[50] Asset and Equity Changes - Total assets increased by 65.09% to CNY 614,526,450.17 compared to the end of the previous year[8] - Net assets attributable to shareholders increased by 67.69% to CNY 589,513,643.65 compared to the end of the previous year[8] - Current assets rose to CNY 351,102,560.04, up from CNY 218,319,185.46, marking a 60.6% increase[32] - Cash and cash equivalents significantly increased to CNY 156,671,750.80 from CNY 62,808,703.02, a growth of 149.5%[32] - Accounts receivable grew to CNY 62,841,847.15 from CNY 26,196,923.43, reflecting a 139.5% increase[32] - Long-term equity investments increased to CNY 126,811,986.80 from CNY 50,015,127.60, a growth of 153.5%[33] - Owner's equity rose to CNY 590,050,023.79 from CNY 352,315,163.66, a growth of 67.5%[35] Cash Flow Analysis - The net cash flow from operating activities was CNY -17,150,671.07, a decrease of 79.82% compared to the same period last year[8] - The net cash flow from investing activities decreased by 2,372.22% compared to the same period last year, primarily due to the investment of RMB 81 million in Beijing Qianfeng Internet Technology Co.[20] - The net cash flow from financing activities increased by 2,633.83% compared to the same period last year, due to the successful raising of RMB 227.9972 million from the non-public issuance of ordinary shares[20] - The company reported a decrease in sales expenses to CNY 16,179,966.26 from CNY 13,436,097.52 in the previous period, reflecting a strategic cost management approach[51] - Operating cash flow net amount was -16,150,679.89 yuan, compared to -8,949,563.80 yuan in the previous period, indicating a decline in operational performance[57] - Investment activities generated a net cash flow of -116,055,258.21 yuan, significantly worse than -4,692,012.00 yuan in the same period last year[57] - Financing activities produced a net cash flow of 227,131,574.06 yuan, a substantial improvement from -8,963,962.28 yuan in the previous period[58] Shareholder Information - The company reported a total of 13,077 common shareholders at the end of the reporting period[12] - The largest shareholder, Huang Yuanzhong, holds 21.63% of the shares, amounting to 36,303,188 shares[12] Expense and Cost Management - Operating costs increased to CNY 29,773,317.50 from CNY 24,446,548.80, a rise of 21.5%[40] - Sales expenses increased to CNY 5,878,010.10 from CNY 4,409,559.55, indicating a rise of about 33.4%[41] - Management expenses rose to CNY 10,822,928.61 from CNY 8,207,356.50, marking an increase of approximately 31.9%[41] - The company experienced an asset impairment loss of CNY 390,308.82, compared to CNY 233,752.51 in the previous year, indicating an increase of approximately 67%[41] Other Financial Metrics - The company reported an investment loss of CNY -818,530.87, a significant decline from the investment income of CNY 869,639.37 in the previous year[41] - The total comprehensive income for Q3 2017 was CNY 13,718,857.82, compared to CNY 13,288,383.15 in the same period last year[42] - The report for the third quarter was not audited[59]