ELION(SH:600277)2016-10-25 16:00Financial Performance - Operating revenue for the first nine months reached CNY 6.72 billion, an increase of 18.71% compared to the same period last year[7]. - Net profit attributable to shareholders was CNY 217.55 million, up 106.47% year-on-year[7]. - Basic earnings per share increased by 108.2% to CNY 0.1041[8]. - The company reported a net profit of CNY 109.47 million for the third quarter, representing a 36.24% increase compared to the same quarter last year[8]. - Total operating revenue for Q3 2016 was ¥2,256,250,597.75, an increase from ¥1,833,263,032.10 in Q3 2015, representing a growth of approximately 23.1%[36]. - Net profit for Q3 2016 reached ¥73,546,284.59, significantly higher than ¥12,144,553.08 in Q3 2015, marking an increase of approximately 505.5%[37]. - The total profit for Q3 2016 was ¥75,756,617.34, up from ¥14,384,444.48 in Q3 2015, which is an increase of about 426.5%[37]. - The company reported a comprehensive income of ¥73,378,080.35 for Q3 2016, compared to ¥11,421,631.24 in Q3 2015, showing a growth of approximately 543.5%[39]. Assets and Liabilities - Total assets increased by 9.55% to CNY 22.70 billion compared to the end of the previous year[7]. - Net assets attributable to shareholders rose by 3.55% to CNY 9.54 billion year-on-year[7]. - The company’s fixed assets were valued at CNY 5.79 billion, down from CNY 6.28 billion at the beginning of the year, indicating a potential need for asset management[27]. - Current liabilities rose to CNY 7.29 billion, compared to CNY 6.96 billion in the previous year, reflecting an increase of about 4.7%[28]. - Non-current liabilities totaled CNY 4.87 billion, up from CNY 3.60 billion, indicating a significant increase of approximately 35.4%[29]. - The company's total liabilities reached CNY 12.16 billion, compared to CNY 10.56 billion, marking a year-on-year growth of around 15.2%[29]. - Owner's equity increased to CNY 10.54 billion, up from CNY 10.17 billion, which is an increase of about 3.6%[29]. Cash Flow - Cash flow from operating activities decreased by 33.71% to CNY 606.25 million compared to the same period last year[7]. - The net cash flow from operating activities for Q3 2016 was CNY 606,246,763.87, down from CNY 914,554,344.58 in the same period last year, indicating a decline of about 33.6%[46]. - Cash and cash equivalents at the end of Q3 2016 totaled CNY 2,767,352,229.13, significantly up from CNY 611,237,687.90 at the end of the previous year, marking an increase of approximately 353.5%[47]. - The cash inflow from financing activities for the first nine months of 2016 was CNY 5,471,029,131.25, an increase of 113.5% from CNY 2,561,686,183.71 in the previous year[47]. - The total operating cash outflow for Q3 2016 was CNY 5,271,233,417.20, compared to CNY 4,327,205,542.32 in the same period last year, reflecting an increase of approximately 21.8%[46]. Shareholder Information - The total number of shareholders reached 85,254 by the end of the reporting period[12]. - The largest shareholder, Yili Resources Group, holds 59.32% of the shares, with 1.24 billion shares pledged[12]. - The company plans to issue non-public shares to up to 10 specific investors, including Yili Resources Group, with a commitment to subscribe for at least 9.87% of the total shares issued[17]. - The company plans to issue up to 650 million shares in a private placement, with total fundraising not exceeding 4.5 billion yuan[18]. - The company's application for the private placement has been approved by the China Securities Regulatory Commission[19]. Investments and Subsidiaries - The company intends to transfer 100% equity of several subsidiaries to its controlling shareholder, Yili Group, for a total transaction price of 685.79 million yuan[21]. - A subsidiary, Beijing Yizhao Huasheng, has applied to be listed on the National Equities Exchange and Quotations, with acceptance confirmed[20]. - The company plans to increase its shareholding in Yili Clean Energy by CNY 600-700 million through asset management plans or self-owned funds over the next 12 months[25]. - The company is in the process of issuing green bonds, with application materials submitted for review[19]. Other Financial Metrics - Total current assets reached CNY 8.69 billion, up from CNY 5.99 billion at the start of the year, indicating a significant growth in liquidity[27]. - The company reported a significant increase in accounts receivable, which rose to CNY 1.15 billion from CNY 862.20 million[27]. - The company has made a commitment to avoid any competition with its subsidiaries, ensuring compliance with previous commitments made in November 2012[24]. - The company reported a significant increase in other receivables, which rose to CNY 1.79 billion from CNY 695.20 million, marking an increase of about 157.5%[32].