Y.I.C.(SH:600119)2016-10-28 16:00Financial Performance - Net profit attributable to shareholders increased by 56.02% to CNY 125,401,008.81 year-on-year[6] - Basic earnings per share rose by 57.69% to CNY 0.41 per share[6] - The company expects net profit attributable to shareholders to increase compared to the previous year, mainly due to higher contributions from joint ventures[16] - Net profit for Q3 2016 was approximately ¥58.35 million, slightly up from ¥58.28 million in Q3 2015, indicating a marginal increase of 0.1%[30] - The total profit for Q3 2016 reached approximately ¥62.45 million, compared to ¥61.11 million in Q3 2015, reflecting a growth of 2.2%[30] - The company reported a total profit of CNY 40,208,749.85 for Q3 2016, down from CNY 95,681,769.66 in Q3 2015, representing a decline of approximately 58%[34] Revenue and Operating Income - Operating revenue decreased by 37.20% to CNY 1,135,643,551.09 compared to the same period last year[6] - Total revenue for Q3 2016 was CNY 469,282,049.18, a decrease of 29.4% compared to CNY 664,423,717.12 in Q3 2015[28] - Year-to-date revenue reached CNY 1,135,643,551.09, down 37.1% from CNY 1,808,238,427.21 in the same period last year[28] - Revenue from sales of goods and services for the first nine months of 2016 was CNY 1,269,724,679.83, down from CNY 1,966,388,991.93 in the same period last year, reflecting a decrease of approximately 35%[36] - The company reported a significant decrease in other operating income, down 85.26% to ¥3,903,250.46 from ¥26,485,404.89, primarily due to last year's one-time compensation from minority shareholders[14] Assets and Liabilities - Total assets increased by 13.83% to CNY 2,646,590,960.30 compared to the end of the previous year[6] - Total liabilities increased to CNY 1,430,590,355.20 from CNY 1,218,175,239.36 at the start of the year[21] - Current liabilities totaled CNY 1,181,941,827.50, slightly down from CNY 1,192,871,840.76 in the previous period[21] - Non-current assets reached CNY 818,994,142.95, up from CNY 763,358,893.13 at the beginning of the year[24] - The equity attributable to shareholders rose to CNY 934,212,228.00 from CNY 838,787,772.05 at the beginning of the year[21] Cash Flow - The company reported a net cash flow from operating activities of CNY -216,462,430.13, which is not applicable for comparison[6] - Cash flow from operating activities for the first nine months of 2016 was negative at CNY -216,462,430.13, compared to CNY -26,518,998.52 in the same period last year[37] - Cash inflow from borrowing activities reached $620 million, up from $390 million in the previous year, highlighting increased leverage[41] - Cash outflow for debt repayment was $360 million, compared to $300 million last year, indicating a higher commitment to debt servicing[41] - Total cash inflow from operating activities was $344.29 million, down from $969.75 million year-over-year, indicating a significant decrease in operational cash generation[40] Shareholder Information - The total number of shareholders reached 34,212 by the end of the reporting period[9] - The largest shareholder, Changjiang Economic United Development Group, holds 35.64% of the shares[9] - The company has committed to a share buyback plan, aiming to purchase shares worth no less than ¥20 million within six months[16] Investment Activities - The company reported a significant increase in other receivables, totaling CNY 508,151,574.24, compared to CNY 366,515,619.16 previously[24] - Long-term equity investments increased by 84.44% to ¥128,596,594.37, up from ¥69,723,508.47, due to higher investment income recognized under the equity method[13] - The investment income for Q3 2016 was CNY 58,428,840.19, a significant increase from CNY 2,274,077.34 in the same period last year[34] - Total cash inflow from investment activities in the first nine months of 2016 was CNY 296,905,375.53, an increase from CNY 172,003,232.46 in the previous year[37]