SLSVC(SH:600123)2017-10-24 16:00Financial Performance - Net profit attributable to shareholders reached CNY 741.99 million, a significant turnaround from a loss of CNY 234.33 million in the same period last year[6]. - Operating revenue surged by 108.78% to CNY 5.93 billion compared to CNY 2.84 billion in the previous year[6]. - The weighted average return on equity improved by 10.78 percentage points to 8.23%[6]. - The company reported a net cash flow from operating activities of CNY 1.19 billion, a recovery from a negative cash flow of CNY 151.24 million in the previous year[6]. - Total operating revenue for Q3 reached ¥1,955,199,380.83, a significant increase of 79.8% compared to ¥1,089,136,272.75 in the same period last year[25]. - Operating profit for Q3 was ¥290,962,143.56, compared to a loss of ¥65,735,768.09 in Q3 of the previous year, marking a turnaround in profitability[25]. - Net profit for the first nine months of the year was ¥697,119,318.17, a substantial recovery from a net loss of ¥341,211,978.53 in the same period last year[26]. - The company reported a total profit of ¥292,769,045.78 for Q3, compared to a loss of ¥72,788,400.03 in the same quarter last year, highlighting a strong recovery[25]. - The total comprehensive income for Q3 was ¥201,994,616.65, a recovery from a loss of ¥88,591,905.90 in the same quarter last year, showcasing overall financial improvement[26]. Asset and Liability Management - Total assets increased by 13.45% to CNY 27.34 billion compared to the end of the previous year[6]. - The company's total assets reached ¥27,343,335,046.88, up from ¥24,101,125,865.36 at the beginning of the year[18]. - Total liabilities increased to ¥17.13 billion, up from ¥14.68 billion, representing a growth of approximately 10.1% year-over-year[19]. - Current liabilities totaled ¥12.94 billion, compared to ¥7.76 billion in the previous year, indicating a significant increase of about 66.5%[19]. - The company's cash and cash equivalents increased by 111.68% year-on-year, reaching ¥4,055,799,008.76 due to rising prices, increased sales volume, and bank loans[14]. - Cash and cash equivalents rose to ¥3.53 billion, a substantial increase from ¥944.95 million, reflecting a growth of approximately 273.5%[21]. - The company's total equity increased to ¥12.24 billion from ¥11.23 billion, showing a growth of about 9.0%[22]. Revenue and Sales Growth - Coal production increased by 16.37% to 5.63 million tons, while sales volume rose by 26.38% to 5.47 million tons[10]. - Sales revenue from coal products grew by 120.24% to CNY 316.01 million[10]. - Urea product sales revenue increased by 10.99% to CNY 106.89 million, despite a decrease in production and sales volume[10]. - The company achieved sales revenue of ¥4.85 billion from goods and services in the first nine months, compared to ¥2.35 billion in the same period last year, marking a growth of about 106%[33]. Investment and Cash Flow - The company's investment income grew by 145.91% to ¥252,954,863.58, reflecting increased profits from the associated company Huaren Danning[15]. - Cash inflow from operating activities totaled ¥5.13 billion, up from ¥2.58 billion year-on-year, indicating a growth of approximately 99%[33]. - The company reported a net cash flow from financing activities of ¥1.47 billion, compared to ¥764.07 million in the same period last year, reflecting a growth of about 93%[34]. - The cash outflow for investing activities was ¥705.81 million, compared to ¥407.49 million in the previous year, indicating an increase of approximately 73%[33]. - The net cash flow from investing activities was negative at ¥494.79 million, worsening from a negative cash flow of ¥279.36 million in the previous year[33]. Operational Efficiency - The company achieved a gross profit margin of approximately 36.5% in Q3, compared to 10.5% in the same period last year, indicating improved operational efficiency[25]. - The total operating costs for Q3 were ¥1,741,057,171.68, up from ¥1,200,891,563.95 in the previous year, reflecting increased operational expenses[25]. - Tax expenses for Q3 were ¥90,774,429.13, significantly higher than ¥15,803,505.87 in the same period last year, reflecting increased profitability[25].