NSWRC(SH:600165)2016-10-28 16:00Financial Performance - Operating revenue for the first nine months was CNY 2,505,138,771.48, a significant increase of 288.75% compared to CNY 644,416,538.52 in the same period last year[5]. - Net profit attributable to shareholders was a loss of CNY 81,459,078.65, compared to a loss of CNY 17,336,260.46 in the previous year[5]. - The weighted average return on net assets was -8.81%, compared to -1.90% in the previous year[5]. - Total operating revenue for Q3 2016 reached ¥911,741,513.88, a significant increase from ¥262,360,054.54 in Q3 2015, representing a growth of approximately 247%[31]. - Total operating costs for the first nine months of 2016 were ¥2,608,818,706.47, up from ¥759,178,147.34 in the same period last year, indicating an increase of about 243%[31]. - The net loss for Q3 2016 was ¥25,631,388.12, compared to a net profit of ¥41,088,282.87 in Q3 2015, marking a decline of approximately 162%[32]. - The company reported a total profit loss of ¥22,530,820.42 in Q3 2016, contrasting with a profit of ¥41,902,645.14 in Q3 2015, reflecting a decrease of around 153%[32]. - Basic earnings per share for Q3 2016 were -¥0.041, down from ¥0.149 in Q3 2015, indicating a decline of approximately 127%[33]. - Operating profit for the first nine months of 2016 was -¥96,601,180.31, compared to a profit of ¥6,206,632.38 in the same period last year, representing a decrease of about 1,554%[35]. - Investment income for Q3 2016 was ¥7,518,793.81, a decrease from ¥75,679,502.42 in Q3 2015, indicating a decline of approximately 90%[31]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 4,013,422,683.50, an increase of 2.31% compared to the end of the previous year[5]. - Total liabilities rose to CNY 3,014,575,478.07 from CNY 2,890,438,452.86, indicating an increase of about 4.3%[25]. - Current liabilities totaled CNY 1,815,703,702.51, up from CNY 1,691,912,720.50, reflecting a growth of approximately 7.3%[24]. - Total equity decreased to CNY 998,847,205.43 from CNY 1,032,214,390.83, a decline of approximately 3.2%[25]. - Cash and cash equivalents increased to CNY 176,976,823.44 from CNY 89,046,906.62, a significant rise of about 98.7%[27]. - Accounts receivable decreased to CNY 166,120,482.83 from CNY 175,086,201.96, a decline of approximately 5.5%[27]. - Inventory decreased slightly to CNY 239,115,922.80 from CNY 244,294,307.72, a reduction of about 2.1%[27]. - Total current assets reached CNY 650,311,754.76, an increase from CNY 577,955,458.53, reflecting a growth of about 12.5%[27]. Cash Flow - The net cash flow from operating activities for the first nine months was CNY 128,102,281.22, down 32.01% from CNY 188,400,840.13 in the same period last year[5]. - The company reported a net cash inflow from financing activities of CNY 182,408,422.67, compared to CNY 46,839,524.64 in the previous year, showing an increase of approximately 288%[39]. - Cash and cash equivalents at the end of the reporting period totaled CNY 338,933,631.77, up from CNY 230,402,876.59 at the same time last year, reflecting a growth of about 47%[39]. - The company invested CNY 124,000,000.00 in new projects during the first nine months, compared to CNY 232,708,580.00 in the same period last year, indicating a decrease of approximately 47%[39]. - Cash inflow from investment activities was CNY 106,809,273.95, down from CNY 197,002,155.27 year-over-year, indicating a decline of approximately 46%[39]. - The company reported a net cash outflow from investment activities of CNY -23,665,367.85, compared to CNY -64,483,049.89 in the previous year, showing an improvement of about 63%[39]. Shareholder Information - The number of shareholders at the end of the reporting period was 30,130[6]. - The largest shareholder, Shanghai Zhongneng Enterprise Development (Group) Co., Ltd., held 200,000,000 shares, accounting for 29.20% of total shares[6]. Government Support and Non-Operating Income - The company received government subsidies amounting to CNY 4,350,677.35 for the first nine months, which are closely related to its normal business operations[6]. - The company reported a total of CNY 931,872.81 in non-operating income for the third quarter[6]. Corporate Governance - The company has committed to not engaging in competitive businesses with its main operations, ensuring no conflicts of interest arise[20]. - The company has taken measures to prevent its subsidiaries from competing with its main business, reinforcing its commitment to corporate governance[20]. - The company has pledged to prioritize business opportunities that may conflict with its main operations, ensuring transparency and fairness in its dealings[20].