Peacebird(SH:603877)2019-10-25 16:00Financial Performance - Net profit attributable to shareholders was CNY 206,731,636.76, down 26.78% year-on-year[18]. - Basic earnings per share were CNY 0.44, a decrease of 25.42% compared to the previous year[20]. - Total operating revenue for Q3 2019 reached ¥1,883,000,199.87, an increase of 9.6% compared to ¥1,718,825,602.47 in Q3 2018[57]. - Total operating revenue for the first three quarters of 2019 was ¥5,003,296,799.28, compared to ¥4,888,027,472.07 in the same period of 2018, reflecting a growth of 2.4%[57]. - Net profit for Q3 2019 was ¥72,968,820.95, a decrease of 10.5% from ¥81,896,676.78 in Q3 2018[61]. - The total comprehensive income for Q3 2019 was ¥90.83 million, up from ¥59.99 million in Q3 2018, indicating a 51.5% growth[75]. Revenue Breakdown - Operating revenue for the first nine months reached CNY 5,003,296,799.28, an increase of 2.36% compared to the same period last year[18]. - Revenue from the apparel segment reached ¥4,935,958,412.81, with a gross margin of 55.12%, reflecting a 2.89% increase in revenue year-over-year[33]. - Offline revenue reached ¥3,650,429,805.18, a decrease of 0.60% compared to the same period last year[37]. - Online revenue was ¥1,285,528,607.63, an increase of 14.28% year-over-year[37]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,110,782,167.21, a decrease of 7.95% compared to the end of the previous year[18]. - Cash and cash equivalents decreased by 42.07% to ¥375,501,684.37 due to dividend payments, year-end bonuses, and project payments[27]. - Current liabilities increased to ¥2,754,649,571.06, compared to ¥2,683,138,988.93, an increase of approximately 2.6%[46]. - Total liabilities decreased from ¥3,110,703,521.35 to ¥2,937,175,439.78, a reduction of approximately 5.6%[48]. - Long-term borrowings decreased by 73.10% to ¥89,225,000.00, primarily due to loan repayments[29]. Cash Flow - Net cash flow from operating activities for the first nine months was CNY -184,814,170.91, an improvement from CNY -287,884,922.37 in the same period last year[18]. - Cash inflow from investment activities totaled 5,739,221,330.93 CNY, compared to 5,450,355,519.53 CNY in the prior period, indicating a growth of approximately 5.3%[76]. - The net cash flow from investment activities was 427,239,941.43 CNY, a significant recovery from -258,028,834.26 CNY in the previous period[76]. - The net cash flow from financing activities was -513,697,841.44 CNY, worsening from -231,857,389.95 CNY in the previous period[76]. Shareholder Information - The total number of shareholders at the end of the reporting period was 13,303[22]. - The largest shareholder, Taiping Bird Group, held 47.71% of the shares, with 229,362,000 shares pledged[25]. Store Operations - The company opened 346 new direct stores and 572 franchise stores, while closing 237 direct stores and 827 franchise stores, resulting in a net decrease of 156 stores[37]. - As of the end of the reporting period, the total number of offline stores was 4,438, including 1,625 direct stores and 2,807 franchise stores[37]. Inventory and Prepayments - Inventory increased to ¥2,123,724,843.11, up from ¥1,836,207,371.54, representing a growth of 15.7%[43]. - Prepayments increased by 38.21% to ¥418,511,001.84, primarily due to increased payments for winter clothing[27]. - The company experienced a 46.94% increase in advance receipts to ¥183,989,645.56, mainly from pre-receipts for winter clothing[27].