YOOZOO(SZ:002174)2016-10-28 16:00Financial Performance - Operating revenue for the period reached CNY 733.93 million, representing an 89.02% increase year-on-year[7] - Net profit attributable to shareholders was CNY 126.40 million, a 2.67% increase compared to the same period last year[7] - The company reported a year-to-date net profit of CNY 360.87 million, reflecting a 5.91% increase compared to the previous year[7] - Total operating revenue for Q3 2016 was CNY 733,934,273.17, compared to CNY 388,277,205.45 in the previous period, indicating a significant increase[46] - Net profit for the period reached CNY 129,601,073.26, up from CNY 120,661,158.98 year-over-year, with net profit attributable to shareholders of the parent company at CNY 126,401,973.26[47] - The net profit for the year-to-date was CNY 363,589,384.24, compared to CNY 332,925,210.56 in the previous year[55] Assets and Liabilities - Total assets increased by 51.87% to CNY 4.44 billion compared to the end of the previous year[7] - The ending balance of cash and cash equivalents was 507.24 million CNY, an increase of 151.86% compared to the beginning of the period, mainly due to the maturity of 200 million CNY financial products purchased last year[15] - Accounts receivable at the end of the period was 538.27 million CNY, an increase of 40.57%, primarily due to increased operating revenue[15] - Total liabilities stood at CNY 1,941,785,246.24, compared to CNY 736,697,358.31 in the previous period, indicating a substantial increase[41] - The company's non-current assets totaled 3,081,349,567.60 RMB, up from 1,945,481,367.71 RMB, showing growth in long-term investments[39] Cash Flow - The net cash flow from operating activities for the year-to-date reached CNY 371.10 million, an increase of 54.39%[7] - The net cash flow from operating activities was ¥371,103,105.25, up from ¥240,365,045.20 in the previous period, reflecting improved operational efficiency[63] - The total cash outflow from operating activities was 492,093,375.28 CNY, compared to 69,178,771.72 CNY in the previous year[66] Shareholder Information - The number of total shareholders at the end of the reporting period was 47,896[11] - The largest shareholder, Lin Qi, holds 35.13% of the shares, with 240.15 million shares pledged[11] - The company did not engage in any repurchase transactions among the top ten shareholders during the reporting period[12] Commitments and Compliance - The company has committed to maintaining its independence and has strictly fulfilled this commitment since May 2014[24] - The company has a permanent commitment to avoid and reduce related party transactions, which has been strictly adhered to since May 2014[23] - The company has undertaken to ensure compliance with intellectual property regulations and will bear any economic losses resulting from litigation[26] - The company has a commitment to ensure that the audited profit commitments are met during the commitment period, or it will issue share repurchase[23] Investment and Acquisitions - The ending balance of goodwill was 987.08 million CNY, an increase of 86.19%, resulting from the acquisition of Bigpoint[15] - The ending balance of intangible assets was 205.03 million CNY, an increase of 1478.67%, primarily due to the intangible assets added from the acquisition of Bigpoint[15] - The company plans to issue non-public A-shares to specific investors, including Guangfa Asset Management, to raise funds for future projects[17] Operational Efficiency - Operating costs for the same period amounted to 945.85 million CNY, an increase of 130.92%, attributed to the increase in the number of game projects and significant promotional costs for new games[16] - The company reported an investment income of CNY 15,816,806.72, a recovery from a loss of CNY 2,182,546.02 in the previous period[47] Miscellaneous - The company reported no violations regarding external guarantees during the reporting period[32] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[33] - The report was presented by the Chairman, Lin Qi, on October 25, 2016[69]