SDIC Capital(SH:600061)2016-10-26 16:00Financial Performance - Net profit attributable to shareholders decreased by 40.12% year-on-year, totaling ¥2.11 billion[7] - Operating revenue fell by 51.57% year-on-year, reaching ¥7.06 billion[7] - Basic and diluted earnings per share dropped by 46.73%, now at ¥0.57 per share[8] - The net profit after deducting non-recurring gains and losses was ¥2.10 billion, a decrease of 34.79% compared to the previous year[8] - In the first three quarters of 2016, the net profit attributable to the parent company decreased by 40.12% compared to the same period last year due to market volatility and low trading volume[18] - Net profit attributable to the parent company for the first nine months of 2016 was CNY 2,113,440,449.47, down from CNY 3,529,295,618.41 in the same period last year[32] - The company expects the net profit for the entire year of 2016 to continue to decline compared to the previous year due to ongoing unfavorable market conditions[18] Assets and Liabilities - Total assets decreased by 12.36% compared to the end of the previous year, amounting to ¥123.70 billion[7] - The company's cash and cash equivalents decreased by 29.22% to ¥41,822,865,973.36 compared to the end of the previous year, primarily due to fluctuations in the securities market affecting customer deposits[13] - The company's total liabilities decreased by 25.39% to ¥19,578,872,026.98, as a result of repaying part of the subordinated debt during the period[13] - The total liabilities decreased from CNY 114.66 billion at the beginning of the year to CNY 96.66 billion by the end of the reporting period[23] - The total equity attributable to the parent company increased slightly from CNY 26.44 billion at the beginning of the year to CNY 26.99 billion by the end of the reporting period[23] Cash Flow - Net cash flow from operating activities showed a significant decline of 124.09%, resulting in a negative cash flow of ¥9.58 billion[7] - Cash inflow from operating activities for the first nine months of 2016 was CNY 22,177,102,065.42, down from CNY 56,458,952,861.49 in the previous year[38] - The net cash flow from operating activities was -9,579,308,032.68 RMB, a significant decrease compared to 39,757,660,076.15 RMB in the previous period[39] - Total cash outflow from operating activities reached 31,756,410,098.10 RMB, compared to 16,701,292,785.34 RMB previously[39] - The ending balance of cash and cash equivalents was 52,912,538,807.36 RMB, down from 108,876,716,681.39 RMB at the beginning of the period[40] Income and Expenses - Interest income for the first nine months of 2016 was ¥2,289,609,187.34, a decrease of 40.66% compared to ¥3,858,661,310.18 in the same period of 2015, influenced by market conditions[14] - Commission and fee income dropped by 47.55% to ¥4,337,420,111.21, reflecting a decline in brokerage and asset management business due to market volatility[14] - The company's interest expenses decreased by 30.02% to ¥1,686,320,023.91, reflecting a reduction in short-term financing and bond payables[14] - The total cost of operations for the first nine months of 2016 was CNY 5,480,806,844.56, compared to CNY 11,711,217,802.15 in the previous year[31] Shareholder Information - The total number of shareholders reached 68,247 by the end of the reporting period[11] - The largest shareholder, China Development Investment Corporation, holds 46.18% of the shares, totaling 1,705,935,390 shares[11] Other Financial Metrics - The weighted average return on net assets decreased by 7.66 percentage points, down to 7.79%[8] - The company reported a non-recurring profit of ¥1.69 million for the current period[10] - The company reported a significant increase in cash outflow for employee payments, totaling 2,400,321,591.82 RMB compared to 2,345,043,143.74 RMB previously[39] - The company recorded a cash outflow of 494,317,903.73 RMB for purchasing goods and services in Q3 2016, compared to 2,223,870,423.91 in Q3 2015[38]