兴民智通(002355) - 2016 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period reached CNY 315,648,667.15, a year-on-year increase of 30.97%[7] - Net profit attributable to shareholders increased by 54.99% to CNY 11,011,324.70 for the reporting period[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses rose by 116.27% to CNY 9,273,423.66[7] - Basic earnings per share for the reporting period was CNY 0.02, a 100% increase compared to the same period last year[7] - Operating profit increased by 157.37% compared to the same period last year, primarily due to the profit contribution from the consolidation of Yingtai Si Te[17] - The estimated net profit attributable to shareholders for 2016 is expected to range from 49.15 million to 60.08 million RMB, representing a growth of 80% to 120% compared to 27.31 million RMB in 2015[21] - The significant increase in profit is attributed to the stable performance of the steel wheel business and the profit growth from the subsidiary, Yingtai Si Te[21] Assets and Investments - Total assets increased by 7.33% to CNY 3,479,946,835.78 compared to the end of the previous year[7] - Cash flow from operating activities for the year-to-date reached CNY 109,385,084.16, an increase of 17.57%[7] - Cash and cash equivalents decreased by 39.22% compared to the beginning of the period, primarily due to cash payments for the acquisition of equity in Jiuwu Zhijia[17] - Other current assets decreased by 37.55% compared to the beginning of the period, mainly due to a reduction in the purchase of principal-protected financial products[17] - Available-for-sale financial assets increased by 78.5 million yuan, mainly due to investments of 73.5 million yuan in Guanglian Saixun and 5 million yuan in Rainbow Wireless[17] - Long-term equity investments increased by 228.37 million yuan, primarily due to the acquisition of a portion of equity in Jiuwu Zhijia[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 32,857[11] - The company received government subsidies amounting to CNY 5,053,164.36 during the reporting period[8] Acquisitions and Corporate Actions - The company completed the acquisition of 58.23% equity in Beijing Jiuwu Zhijia Information Technology Co., Ltd. on September 29, 2016[15] - The company completed the acquisition of 9.17% equity in Shenzhen Guanglian Saixun[19] - The company has initiated a non-public stock issuance plan following the termination of a major asset restructuring plan[19] - The company has committed to not planning any major asset restructuring for six months following the termination of the current major asset restructuring[20] Liabilities - Accounts payable increased by 35.37% compared to the beginning of the period, mainly due to an increase in payables for raw material purchases[17] Future Plans - The company plans to establish an industry fund with a total scale of 1 billion yuan, with the company committing 100 million yuan, accounting for 10% of the fund[18]