XSS(SH:600117)2017-10-30 16:00Financial Performance - Net profit attributable to shareholders decreased by 5.68% to CNY 2.71 billion compared to the end of the previous year[6] - Operating revenue for the first nine months decreased by 16.28% to CNY 4.20 billion compared to the same period last year[6] - The total profit for the period was a loss of ¥155,093,659.32, an improvement of 58.13% compared to a loss of ¥370,395,990.28 in the same period last year[14] - The company's net profit attributable to shareholders improved by 53.94%, resulting in a loss of ¥161,184,958.68 compared to a loss of ¥349,917,895.37 in the previous year[14] - The company reported a net loss of ¥366,363,325.87, compared to a loss of ¥205,178,367.19 in the previous period[20] - The net loss for Q3 was approximately CNY 169 million, compared to a net loss of CNY 5.58 million in the same quarter last year[26] - The company reported a total profit loss of approximately CNY 165 million for Q3, compared to a profit of CNY 58.88 million in the same quarter last year[28] Cash Flow - Net cash flow from operating activities improved by 109.39% to CNY 30.18 million compared to the same period last year[6] - Cash inflow from operating activities for the first nine months was 2,526,812,529.44 CNY, an increase of 18.2% from 2,138,837,579.94 CNY in the same period last year[31] - The net cash flow from operating activities was 30,178,966.55 CNY, recovering from a loss of -321,436,287.89 CNY in the previous year[31] - Cash inflow from financing activities totaled 16,758,137,728.58 CNY, an increase from 16,116,452,280.11 CNY year-over-year[32] - The net cash flow from financing activities was -318,820,318.56 CNY, a decline from a positive cash flow of 143,688,998.59 CNY in the previous year[32] Assets and Liabilities - Total assets increased by 4.80% to CNY 28.37 billion compared to the end of the previous year[6] - The company's total assets increased to ¥8,082,880,820.66 from ¥7,360,785,427.77, indicating a growth in overall financial position[18] - Total liabilities reached ¥24,939,066,041.02, up from ¥23,476,638,823.29, marking a growth of around 6.2%[20] - The company's accounts receivable increased by 427.29% to ¥5,872,123.63 from ¥1,113,638.48, primarily due to increased interest from margin deposits[13] - Inventory rose by 46.99% to ¥3,224,274,521.70 from ¥2,193,562,903.13, attributed to rising raw material prices and the resumption of production at the No. 2 blast furnace[13] - Long-term borrowings increased by 66.28% to ¥4,488,000,000.00 from ¥2,699,000,000.00, mainly due to the conversion of short-term loans into long-term borrowings[14] Shareholder Information - The total number of shareholders reached 79,009 at the end of the reporting period[10] - The largest shareholder, Xining Special Steel Group, holds 35.37% of the shares, with 368.24 million shares pledged[10] Earnings Per Share - Basic and diluted earnings per share improved by CNY 0.32 to -0.15 compared to the same period last year[6] - Basic and diluted earnings per share for Q3 were both -CNY 0.16, compared to CNY 0.01 in the same period last year[27] - The company reported a basic earnings per share (EPS) of 0.00 CNY, with diluted EPS also at 0.00 CNY for the third quarter[29] Operational Metrics - Total operating revenue for Q3 was approximately CNY 1.55 billion, an increase of 7.9% compared to CNY 1.44 billion in the same period last year[25] - Total operating costs for Q3 rose to approximately CNY 1.72 billion, up 17.9% from CNY 1.46 billion year-over-year[25] - The gross profit margin decreased significantly, with operating profit showing a loss of approximately CNY 168 million for Q3, compared to a profit of CNY 51 million in the same period last year[27] - The company incurred financial expenses of approximately CNY 179 million in Q3, an increase of 8.9% from CNY 165 million in the previous year[25] - The company’s management expenses decreased to approximately CNY 68 million in Q3, down 14.2% from CNY 79 million year-over-year[25] - Tax expenses for Q3 were approximately CNY 3.85 million, compared to a tax benefit of CNY 790,000 in the same period last year[26]