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For the three months ended 30 September 2017, ChinaSports International Limited. revenues decreased 4% toRMB46.5M. Net loss increased from RMB4.5M to RMB12.2M.Revenues reflect a decrease in demand for the Company'sproducts and services due to unfavorable market conditions.Higher net loss reflects Administrative Expenses increaseof 53% to RMB16.3M (expense), Interest charges on bankborrowings increase from RMB0K to RMB1M (expense).
Period Ending: | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Revenue | 46.54 | 70.45 | 71.12 | 69.87 |
Gross Profit | 9.77 | 15.39 | 16.94 | 16.08 |
Operating Income | -11.21 | 3.92 | 5.53 | 5.52 |
Net Income | -12.23 | 2.91 | 4.62 | 5.08 |
Period Ending: | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Assets | 583.61 | 611.21 | 607.34 | 560.81 |
Total Liabilities | 120.49 | 135.85 | 134.88 | 93.18 |
Total Equity | 463.12 | 475.36 | 472.45 | 467.63 |
Period Ending: | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Period Length: | 3 Months | 18 Months | 15 Months | 12 Months |
Cash From Operating Activities | 17.46 | 0.22 | -9.11 | -4.79 |
Cash From Investing Activities | 0 | -24.62 | -24.62 | -24.62 |
Cash From Financing Activities | -2.35 | 74.08 | 74.08 | 34.08 |
Net Change in Cash | 15.1 | 49.67 | 40.45 | 4.73 |
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