ZHONGJIN GOLD(SH:600489)2017-10-30 16:00Financial Performance - Net profit attributable to shareholders was ¥304.13 million, representing a decrease of 25.55% year-on-year[6]. - Operating revenue for the first nine months was ¥25.31 billion, an increase of 23.70% compared to the same period last year[6]. - Basic earnings per share decreased by 25.42% to ¥0.088 compared to the same period last year[7]. - The weighted average return on equity was 2.29%, down 1.17 percentage points year-on-year[7]. - The company reported a total comprehensive income of ¥41,940,687.17 for Q3 2017, compared to ¥38,677,555.65 in the same period last year[31]. - The total profit for the first nine months of 2017 was ¥343,800,950.34, up from ¥264,582,243.89 in the same period of 2016, representing a growth of 29.93%[30]. - The company reported a net profit of ¥198,073,826.98 for Q3 2017, down from ¥338,402,556.42 in Q3 2016[24]. - Net profit for Q3 2017 was ¥41,940,687.17, up from ¥38,677,555.65 in Q3 2016, reflecting a growth of 3.27%[30]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥38.93 billion, a 0.43% increase compared to the end of the previous year[6]. - Total liabilities increased to CNY 23.32 billion, a slight decrease from CNY 23.48 billion at the beginning of the year[16]. - Total assets reached CNY 38.93 billion, up from CNY 38.77 billion at the beginning of the year[16]. - The company's total liabilities were ¥6,285,840,526.63, slightly up from ¥6,271,354,336.85 at the start of the year[21]. - The equity attributable to shareholders reached ¥12,406,556,235.74, an increase from ¥12,186,623,818.87 at the beginning of the year[21]. - Total assets as of September 30, 2017, amounted to ¥18,692,396,762.37, compared to ¥18,457,978,155.72 at the beginning of the year[21]. Cash Flow - The net cash flow from operating activities for the first nine months was ¥483.37 million, down 79.73% year-on-year[6]. - Net cash flow from operating activities decreased by 79.73%, primarily due to reduced receivables from the Zhongyuan Smelting Plant[11]. - Operating cash inflow for the first nine months of 2017 was CNY 25,590,092,072.31, an increase of 9.2% from CNY 23,381,052,685.80 in the same period last year[33]. - Net cash flow from operating activities decreased to CNY 483,370,803.55, down 79.8% from CNY 2,384,206,004.15 year-on-year[33]. - The ending cash and cash equivalents balance decreased to CNY 2,673,533,552.46 from CNY 3,237,355,334.78, reflecting a decline of 17.5%[34]. - The net increase in cash and cash equivalents for the period was CNY -83,019,299.64, contrasting with an increase of CNY 844,047,565.61 in the same period last year[34]. Shareholder Information - The total number of shareholders at the end of the reporting period was 244,815[8]. - The largest shareholder, China National Gold Group Corporation, held 50.34% of the shares[8]. Operational Metrics - Sales expenses increased by 46.73%, reflecting higher transportation costs associated with increased sales volume of electrolytic copper[11]. - Accounts receivable increased by 492.28%, mainly due to higher sales of by-products from the Zhongyuan Smelting Plant compared to the beginning of the year[11]. - Other receivables decreased by 35.79%, attributed to a reduction in futures margin related to hedging activities at the Zhongyuan Smelting Plant[11]. - Construction in progress increased by 35.70%, driven by ongoing construction of the second phase project and the recognition of invoices during the period[11]. - Prepayments increased by 64.05%, mainly due to increased sales of electrolytic copper at the Zhongyuan Smelting Plant[11]. - Interest payable surged by 225.43%, as long-term borrowings at the Zhongyuan Smelting Plant began to accrue interest[11]. Investment Performance - Investment income rose by 51.81%, primarily due to significant profits from the equity investment in China National Gold Group Financial Co., Ltd.[11]. - Investment income for Q3 2017 was ¥24,798,168.39, compared to ¥12,384,507.02 in Q3 2016, showing a significant increase of 100.00%[30].