*ST天山(300313) - 2017 Q3 - 季度财报

Financial Performance - Operating revenue fell by 51.82% to CNY 59,438,530.75 for the reporting period, and decreased by 58.30% to CNY 139,147,734.31 year-to-date[8] - Net profit attributable to shareholders increased by 107.42% to CNY 2,070,332.12 for the reporting period, and increased by 106.49% to CNY 3,749,995.37 year-to-date[8] - Basic earnings per share rose by 107.42% to CNY 0.0105 for the reporting period, and increased by 106.49% to CNY 0.0190 year-to-date[8] - Operating profit increased to CNY 5,917,359.08, a 107.57% improvement from a loss of CNY 78,183,925.67 in the previous year[19] - Net profit attributable to the parent company reached CNY 3,749,995.37, marking a 106.49% increase from a loss of CNY 57,818,727.51 year-on-year[19] - The company expects to achieve a net profit attributable to the parent company of between 4 million and 5.5 million yuan for the next reporting period, representing an increase of 103% to 104% compared to the same period last year[33] Assets and Liabilities - Total assets decreased by 11.31% to CNY 758,614,026.49 compared to the end of the previous year[8] - The company’s asset-liability ratio stood at 52.28%[19] - The total liabilities decreased from CNY 454,325,727.56 to CNY 396,579,419.96, a reduction of 12.7%[40] - The total owner's equity decreased from CNY 401,043,035.10 to CNY 362,034,606.53, a drop of 9.7%[41] Cash Flow - Cash flow from operating activities decreased by 63.50% to CNY 32,254,149.66 year-to-date[8] - Cash flow from operating activities decreased by 63.13% to CNY 221,291,983.21 compared to CNY 600,180,442.98 in the previous year[20] - The company's cash and cash equivalents dropped significantly from CNY 149,907,879.31 to CNY 68,520,529.74, a decrease of 54.3%[42] - The ending balance of cash and cash equivalents decreased to 14,934,129.74 CNY from 127,528,074.37 CNY in the previous period, reflecting a substantial decline[65] Shareholder Information - The total number of shareholders at the end of the reporting period was 13,665[12] - The largest shareholder, Tianshan Animal Husbandry Development Co., Ltd., held 29.10% of shares, amounting to 57,426,801 shares[12] - The company did not engage in any repurchase transactions during the reporting period[13] Cost Management - The company reported a 73.33% reduction in operating costs, amounting to CNY 89,397,214.86, down from CNY 335,155,202.16[20] - The company's total operating costs decreased to CNY 136,096,322.33 from CNY 411,819,530.21 year-on-year, reflecting a reduction of approximately 66.9%[53] - The company’s management expenses decreased by 32.82% to CNY 29,366,711.18 from CNY 43,712,603.20[20] - The company reported a significant decrease in management expenses, which fell to CNY 4,173,428.13 from CNY 7,514,725.32 year-on-year, a reduction of approximately 44.5%[50] Investment Activities - The company’s investment income increased by 527.31% to CNY 389,029.72 from a loss of CNY 91,042.36 in the previous year[20] - The company incurred financial expenses of ¥4,593,618.85, down from ¥5,308,585.88 in the previous period[57] - The company’s investment activities resulted in a net cash outflow of ¥93,094,211.64, compared to a smaller outflow of ¥7,077,931.79 in the previous period[61] Future Outlook and Strategies - The company provided a positive outlook for the next quarter, projecting a revenue growth of 20% based on current market trends and user acquisition strategies[30] - New product development is underway, with two innovative products expected to launch in Q4 2017, aimed at enhancing market competitiveness[30] - The company is expanding its market presence, targeting an increase in distribution channels by 25% over the next year[30] - A strategic acquisition is planned, which is anticipated to enhance the company's product offerings and market share by 15%[30] - The company has committed to investing 100 million CNY in research and development for new technologies over the next two years[30] Compliance and Governance - The company has committed to ensuring that there will be no overdue or underpayment of social security and housing fund contributions[32] - There were no violations regarding external guarantees during the reporting period[34] - The company reported no non-operating fund occupation by controlling shareholders or their affiliates during the reporting period[35] User and Market Data - User data indicated a rise in active users, with a total of 500,000 new users added in the last quarter, marking a 10% increase compared to the previous quarter[30]