ELION(SH:600277)2015-10-14 16:00Financial Performance - Net profit attributable to shareholders decreased by 72.24% to CNY 105.37 million year-on-year[6] - Operating revenue for the first nine months dropped by 41.47% to CNY 5.66 billion compared to the same period last year[6] - Basic and diluted earnings per share fell by 72.24% to CNY 0.0504[7] - The company's net profit decreased by 85.33% to RMB 10,382,578, attributed to the decline in operating income[14] - The company’s investment income dropped by 89.90% to RMB 43,310,971, reflecting reduced dividends from joint ventures[14] - Total operating revenue for Q3 2015 was ¥1,833,263,032.10, a decrease of 24.4% compared to ¥2,425,004,688.97 in Q3 2014[29] - Net profit for Q3 2015 was ¥12,144,553.08, a slight decrease from ¥12,445,070.67 in Q3 2014[31] - The company reported a total profit of ¥14,384,444.48 in Q3 2015, down from ¥18,328,028.63 in Q3 2014[30] - The total comprehensive income attributable to the parent company was ¥4,303,529.71 in Q3 2015, compared to ¥22,729,149.24 in Q3 2014[32] Assets and Liabilities - Total assets increased by 1.24% to CNY 20.41 billion compared to the end of the previous year[6] - The company's cash and cash equivalents decreased by 31.13% to RMB 1,585,094,301 due to significant cash outflows from investment activities[13] - Current assets decreased from CNY 6,340,562,185.78 to CNY 5,600,042,385.76, a decline of approximately 11.7%[21] - Non-current assets increased from CNY 13,821,073,858.16 to CNY 14,811,600,315.45, a growth of about 7.2%[22] - Total liabilities increased from CNY 10,251,783,347.41 to CNY 10,298,952,054.20, a rise of approximately 0.5%[23] - Shareholders' equity rose from CNY 9,909,852,696.53 to CNY 10,112,690,647.01, an increase of about 2.0%[23] Cash Flow - Cash flow from operating activities decreased by 1.14% to CNY 914.55 million year-to-date[6] - Cash flow from operating activities for the first nine months of 2015 was approximately ¥5.24 billion, down from ¥9.51 billion in the same period last year[40] - Cash flow from investing activities showed a net outflow of approximately ¥924.26 million, compared to a net inflow of ¥424.41 million in the previous year[41] - Cash flow from financing activities totaled approximately ¥2.56 billion, a decrease from ¥5.86 billion in the same period last year[41] - The net cash flow from operating activities for the first nine months of 2015 was ¥86,498,263.07, a decrease of 80% compared to ¥431,405,420.46 in the same period last year[43] Shareholder Information - The total number of shareholders reached 65,182 by the end of the reporting period[10] - The largest shareholder, Yili Resources Group, holds 59.32% of the shares, with 865.42 million shares pledged[10] Related Party Transactions - The company committed to ensuring fair and just related party transactions, protecting the legitimate rights of minority shareholders[17] - The controlling shareholder, Yili Resources Group, promised not to occupy the company's funds or assets after the completion of the asset acquisition[17] - The company will avoid non-operating fund transactions with its controlling shareholder and related parties in the future[17] - The company has established a framework to manage its relationships with related parties to prevent conflicts of interest[17] Strategic Direction - The company plans to continue its market expansion and product development strategies following the acquisition of Sanming Energy[16] - The company will not engage in coal circulation business in the future as part of its strategic direction[18] - The company’s non-public stock issuance project includes the acquisition of 100% equity in Dongbo Coal[18]