Financial Performance - The company expects a net profit of approximately 141 million yuan for Q1 2017, compared to a loss of 147 million yuan in the same period last year[2] - The basic earnings per share (EPS) is estimated to be between 0.15 and 0.16 yuan, while the EPS for the same period last year was 0.19 yuan[2] - The significant asset restructuring completed in 2016 is a key factor in the expected turnaround from loss to profit in Q1 2017[5] Share Information - The weighted average number of ordinary shares for Q1 2017 is approximately 903 million shares, compared to 727 million shares in the same period last year[3] Investor Awareness - The financial data for Q1 2017 will be officially disclosed in the company's quarterly report, emphasizing the importance of investor awareness regarding investment risks[6]

[Sinopec Capital 2016 Annual Performance Express Report](index=1&type=section&id=Sinopec%20Capital%202016%20Annual%20Performance%20Express%20Report) [Key Financial Data and Indicators](index=1&type=section&id=I.%202016%20Annual%20Key%20Financial%20Data%20and%20Indicators) Preliminary 2016 financial data indicates substantial growth in total assets and equity due to major asset restructuring, though total operating revenue and net profit attributable to shareholders declined compared to restated 2015 figures Key Financial Indicators (Unit: RMB 10,000) | Indicator (Unit: RMB 10,000) | 2016 (Current Period) | 2015 (Restated after Restructuring) | YoY Change (%) | | :--- | :--- | :--- | :--- | | **Total Operating Revenue** | 2,883,038.61 | 3,076,374.81 | -6.28% | | **Operating Profit** | 1,429,287.22 | 1,326,403.59 | 7.76% | | **Total Profit** | 1,450,980.19 | 1,360,466.88 | 6.65% | | **Net Profit Attributable to Shareholders of Listed Company** | 553,542.19 | 601,721.19 | -8.01% | | **Basic Earnings Per Share (CNY)** | 0.76 | 0.83 | -8.43% | | **Total Assets** | 77,529,624.69 | 73,299,935.85 | 5.77% | | **Owner's Equity Attributable to Shareholders of Listed Company** | 6,583,124.20 | 5,565,451.64 | 18.29% | - Due to the major asset restructuring and supporting fundraising, the **share capital base** used for calculating earnings per share and net assets per share differs between 2016 and 2015, leading to variations in indicators under different bases[5](index=5&type=chunk) [Explanation of Operating Performance and Financial Position](index=2&type=section&id=II.%20Explanation%20of%20Operating%20Performance%20and%20Financial%20Position) The company completed a major asset restructuring in 2016, transitioning to financial services, which significantly increased net profit compared to pre-restructuring, though restated 2016 net profit declined year-over-year - In 2016, the company completed a major asset restructuring, acquiring 100% equity of Sinopec Capital Co., Ltd. from CNPC Group and raising supporting funds[6](index=6&type=chunk) - On a restated basis post-restructuring, 2016 **net profit attributable to parent company shareholders decreased year-over-year**, primarily due to a **decline in net profit** from the listed company's original equipment manufacturing business and **reduced investment income** from associates and joint ventures by the newly injected Sinopec Capital Co., Ltd[7](index=7&type=chunk) [Explanation of Differences from Previous Performance Forecast](index=2&type=section&id=III.%20Explanation%20of%20Differences%20from%20Previous%20Performance%20Forecast) The company confirms no material differences between the operating performance disclosed in this express report and the previously issued 2016 annual performance forecast - The operating performance disclosed in this express report has **no material differences** from the previously issued performance forecast[9](index=9&type=chunk) [Other Explanations](index=3&type=section&id=IV.%20Other%20Explanations) This report addresses post-restructuring matters, including the audit of transitional period profits and losses and the separate disclosure of audited financial data for the injected assets - According to the restructuring agreement, the company is required to conduct a special audit of the profits and losses during the asset restructuring transition period, with the relevant report simultaneously announced[10](index=10&type=chunk) [Reference Documents](index=3&type=section&id=V.%20Reference%20Documents) Comparative balance sheets and income statements, signed and sealed by key management, are available as reference documents - Comparative balance sheets and income statements, signed and sealed by management, serve as reference documents for this report[11](index=11&type=chunk)

Financial Performance Expectations - The company expects a net profit attributable to shareholders of between ¥500 million and ¥550 million for the year 2016, compared to a loss of ¥76.18 million in the previous year[2] - Basic earnings per share are projected to be between ¥0.55 and ¥0.61, a significant improvement from a loss of ¥0.26 per share in the previous year[2] Asset Restructuring - The company has completed a major asset restructuring, acquiring 100% equity of China Petroleum Group Capital from China National Petroleum Corporation, which is expected to contribute to the turnaround in profitability[6] - The asset transfer and restructuring were officially completed on December 26, 2016, with the new subsidiary, China Petroleum Group Capital, expected to be included in the consolidated financial statements for 2016[7] Previous Financial Performance - The company’s 2015 net profit attributable to shareholders was ¥5.997 billion, with basic earnings per share of ¥0.66[3] Investor Awareness - The financial data for 2016 will be finalized and disclosed in the official annual report, emphasizing the importance of investor awareness regarding investment risks[9]

Financial Performance - The company expects a net loss attributable to shareholders between -208 million and -195 million CNY for the period from January 1 to September 30, 2016, compared to a loss of 25.36 million CNY in the same period last year, representing an increase in loss of 720.25% to 668.99%[3] - The basic earnings per share are projected to be between -0.72 and -0.68 CNY, compared to -0.09 CNY in the same period last year[3] - For the period from July 1 to September 30, 2016, the expected net loss attributable to shareholders is between -51 million and -38 million CNY, compared to a loss of 31.39 million CNY in the same period last year, indicating an increase in loss of 62.46% to 21.05%[4] - The basic earnings per share for this period are expected to be between -0.18 and -0.13 CNY, compared to -0.11 CNY in the same period last year[4] - The company's operating revenue has significantly decreased compared to the same period last year, and it continues to operate at a loss[7] Financial Reporting - The earnings forecast has not been audited by a registered accountant[5] - The data provided is based on preliminary estimates from the company's finance department, and the specific financial data for Q3 2016 will be disclosed in the official report[8] Investor Awareness - The company emphasizes the importance of investors being aware of the associated risks[8]

Financial Performance - The company expects a net loss attributable to shareholders of approximately 150 million to 170 million CNY for the first half of 2016, compared to a profit of 6.03 million CNY in the same period last year [3]. - Basic earnings per share are projected to be a loss of 0.52 to 0.59 CNY, down from a profit of 0.02 CNY in the previous year [3]. - The significant decline in operating income compared to the same period last year is attributed to a substantial decrease in operating profit [5]. - The financial data for the first half of 2016 will be officially disclosed in the company's 2016 semi-annual report [6].

Financial Performance - The estimated net profit attributable to shareholders for the period from January 1 to September 30, 2015, is projected to be between -28 million and -23 million CNY, representing a reduction in losses of 44.52% to 54.44% compared to the same period last year, where the loss was 50.47 million CNY[1] - The estimated basic earnings per share for the same period is projected to be between -0.10 and -0.07 CNY, compared to -0.18 CNY in the previous year[1] - For the third quarter (July 1 to September 30, 2015), the estimated net profit attributable to shareholders is projected to be between -34 million and -29 million CNY, indicating an increase in losses of 30.28% to 52.74% compared to the same period last year, where the loss was 22.26 million CNY[2] - The estimated basic earnings per share for the third quarter is projected to be between -0.12 and -0.10 CNY, compared to -0.08 CNY in the previous year[2] - The company’s operating income for the first nine months of 2015 is slightly higher than the same period last year, but the overall operating performance remains in a loss state[5] - The operating income for the third quarter has significantly decreased compared to the previous quarter, shifting from a slight profit in the first half of the year to a loss[5] Financial Reporting and Risks - The earnings forecast has not been audited by a registered accountant[4] - The data provided in the announcement is based on preliminary estimates from the company's finance department, and the specific financial data for the third quarter will be disclosed in the official report[6] - Investors are advised to be cautious and aware of the risks associated with the company's financial performance[6] Business Updates - The company has not provided any updates on new products, technologies, market expansion, or mergers and acquisitions in this announcement[3]

Financial Performance - The company expects a net loss of between 28 million and 23 million yuan for Q3 2015, compared to a loss of 50.47 million yuan in the same period last year[3]. - Basic earnings per share are projected to be between -0.10 yuan and -0.07 yuan, improving from -0.18 yuan year-over-year[3]. - Operating revenue for the first nine months of 2015 is slightly higher than the same period last year, but the company remains in a loss position[5]. - There was a significant quarter-over-quarter decline in operating revenue for Q3, shifting from a slight profit in the first half of the year to a loss[5]. - The financial data presented is based on preliminary estimates by the company's finance department and is subject to change upon the release of the official Q3 report[6].