Career International(300662)2019-10-24 16:00Financial Performance - Operating revenue for the period was RMB 940,901,658.31, representing a year-on-year growth of 29.53%[8] - Net profit attributable to shareholders was RMB 50,624,599.60, up 14.43% year-on-year[8] - Net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 47,729,957.45, an increase of 23.12% compared to the same period last year[8] - The company reported a basic earnings per share of RMB 0.2812, reflecting a growth of 14.40% year-on-year[8] - The weighted average return on equity was 6.37%, a decrease of 0.09% compared to the previous year[8] - The company achieved a total operating revenue of RMB 2,615,519,499.24 for the year-to-date, marking an 80.14% increase compared to the same period last year[16] - The net profit attributable to shareholders for the year-to-date was RMB 114,912,923.59, up 24.81% year-on-year[16] - Total operating revenue for Q3 2019 reached CNY 940,901,658.31, an increase of 29.5% compared to CNY 726,393,217.49 in the same period last year[50] - Net profit for the period was CNY 60,288,178.28, representing a 13.7% increase from CNY 53,327,943.07 in Q3 2018[51] - Basic and diluted earnings per share for the quarter were CNY 0.2812, compared to CNY 0.2458 in the previous year, marking an increase of 14.3%[52] Asset and Liability Management - Total assets reached RMB 1,574,011,718.24, an increase of 14.21% compared to the previous year[8] - Total current assets increased to CNY 1,152,225,102.63 as of September 30, 2019, up from CNY 973,346,518.81 at the end of 2018, representing a growth of approximately 18.4%[41] - Total liabilities increased to CNY 628,109,986.14 from CNY 546,045,470.32, reflecting a rise of approximately 15.0%[42] - The company's total assets stood at 1,378,225,533.39 CNY, with total equity of 832,180,063.07 CNY, demonstrating a solid asset base[76] - Current liabilities were reported at 209,118,042.18, with short-term borrowings of 23,425,740.00 and accounts payable of 4,733,728.87[80] Cash Flow Analysis - The net cash flow from operating activities for the year-to-date was RMB 8,226,515.43, a decline of 79.30% compared to the previous year[8] - Cash and cash equivalents decreased by 13.47% to ¥289.1 million, primarily due to seasonal operational factors[17] - The net cash flow from operating activities was -143,641,782.15 CNY, compared to -37,903,733.35 CNY in the same period last year, indicating a significant decline[70] - Cash flow from operating activities generated a net amount of ¥8,226,515.43, down from ¥39,733,283.81 in the previous period[66] - Total cash inflow from operating activities was ¥2,658,987,552.28, compared to ¥1,481,066,590.59 in the previous period, indicating an increase of approximately 79.1%[66] Operational Highlights - The company has a total of 8,185 common shareholders at the end of the reporting period[12] - The number of clients served reached 379, with monthly revenue exceeding ¥10 million, representing a 213% increase year-over-year[24] - The company is collaborating with top laboratories to develop an AI recruitment corpus and engine, aiming to improve talent matching efficiency[24] - The company has established 98 branches across various regions, employing 2,240 staff and managing over 14,500 outsourced employees[29] - The company successfully recommended over 22,000 high-end management and technical positions to clients, with a total of 117,000 outsourced personnel dispatched[29] Research and Development - R&D expenses decreased by 47.71% to ¥4.34 million, as projects transitioned from research to development expenditures[19] - The company plans to enhance its technology R&D investment by 50% compared to the previous year, focusing on modular products for various client needs[23] - Research and development expenses decreased to CNY 2,166,414.06 from CNY 4,268,517.65, a decline of 49.3% year-on-year[50] Dividend and Shareholder Returns - The company distributed a cash dividend of 23,580,000 RMB, amounting to 1.31 RMB per share, based on a total share capital of 180,000,000 shares[33] Government and Community Engagement - The company is actively expanding government cooperation projects to support regional economic development[26] - As of the end of the reporting period, the company has provided professional services to nearly 40 enterprises and government units in Xinjiang, recruiting over 230 high-end talents[27] - The company has been actively involved in government cooperation projects, providing various human resource support services to local governments[27] - The company has been a key partner in the 7th Military World Games, successfully managing the reception of approximately 7,000 participants from 108 countries[27] Financial Stability and Compliance - The company has not reported any violations regarding external guarantees during the reporting period[34] - The company has not experienced any significant changes in net profit compared to the previous year[34] - The company has implemented new financial instrument standards, which did not affect the financial data as of January 1, 2019[82] - The third quarter report was not audited, indicating a potential area for further scrutiny in financial reporting[83]