ZMC(SH:600216)2016-10-27 16:00Financial Performance - Operating revenue for the first nine months was ¥3,973,132,967.01, representing a year-on-year growth of 17.51%[8] - Net profit attributable to shareholders for the first nine months was ¥405,061,991.21, a significant increase of 114.42% compared to the same period last year[8] - Basic earnings per share for the reporting period was ¥0.43, up 115.00% from ¥0.20 in the previous year[9] - The net cash flow from operating activities for the first nine months was ¥235,634,914.66, a turnaround from a loss of ¥39,298,809.15 in the same period last year, marking a 699.60% increase[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥391,901,882.77, compared to a loss of ¥15,658,607.05 in the previous year, reflecting a growth of 2,602.79%[8] - The company reported a significant increase in accounts receivable, rising to ¥749,179,916.37 from ¥592,702,689.30, which is an increase of approximately 26.4%[30] - The total profit for the first nine months of 2016 was ¥556.57 million, compared to ¥269.80 million in the same period of 2015, reflecting a growth of 106.5%[40] - The company's operating profit for Q3 2016 was ¥240.46 million, a significant increase from ¥77.45 million in Q3 2015[36] Assets and Liabilities - Total assets at the end of the reporting period reached ¥8,451,518,221.24, an increase of 2.46% compared to the end of the previous year[8] - Total assets as of September 30, 2016, amounted to ¥7,855,466,818.58, an increase from ¥7,604,555,429.43 at the beginning of the year[32] - The company's current liabilities decreased to ¥1,339,611,970.33 from ¥1,505,276,852.95 at the beginning of the year[27] - Total liabilities decreased to ¥1,101,955,896.04 from ¥1,231,964,405.17 at the start of the year, reflecting a reduction of approximately 10.5%[32] Cash Flow - The net cash flow from operating activities was ¥235,634,914.66, a significant recovery from a negative cash flow of ¥39,298,809.15 in the previous year[43] - Cash received from tax refunds decreased by 44.92% to 71,088,635.74 RMB[16] - Cash paid for various taxes increased by 53.01% to 141,692,672.53 RMB[16] - Cash inflow from financing activities totaled CNY 270,703,000.00, a decrease from CNY 300,000,000.00 year-over-year[46] - The net cash flow from financing activities was -CNY 38,289,380.20, contrasting with a positive net flow of CNY 131,769,841.10 in the previous year[46] Shareholder Information - Total number of shareholders reached 50,872[12] - The largest shareholder, New Changxin Investment, holds 207,282,778 shares, accounting for 22.14%[12] Inventory and Receivables - Accounts receivable increased by 53.03% to 138,673,609.88 RMB compared to the beginning of the period[13] - Prepayments surged by 248.60% to 68,591,912.74 RMB, driven by increased advance payments for electricity, equipment, and raw materials[13] - Other receivables rose by 51.74% to 209,663,674.72 RMB, mainly due to an increase in export tax refunds[13] - Inventory rose to RMB 1,022,050,821.20 from RMB 859,626,564.68 at the beginning of the year[26] Investment Activities - Long-term borrowings increased by 349.00% to 89,800,000.00 RMB compared to the beginning of the period[13] - The company approved the first phase of the restricted stock incentive plan, granting 30 million shares, with 26.74 million shares awarded initially to 184 participants[18] - The estimated cost of the restricted stock grant is RMB 94,813,500, which will impact the company's financial results over the relevant periods[20] - Cash outflow from investing activities was ¥436,499,818.64, compared to ¥637,435,873.54 in the same period last year, indicating a reduction in investment spending[44] Tax and Expenses - Operating tax and additional expenses increased by 44.41% to 17,878,550.81 RMB[15] - The company’s tax expenses for Q3 2016 were ¥30.98 million, compared to ¥23.20 million in Q3 2015, reflecting a 33.5% increase[36] Profitability Metrics - The gross profit margin for Q3 2016 was approximately 46.3%, compared to 23.3% in Q3 2015, indicating improved cost management[40] - The earnings per share (EPS) for Q3 2016 was ¥0.23, compared to ¥0.06 in Q3 2015, marking a 283.3% increase[38] - The company recorded a total comprehensive income of ¥237.71 million in Q3 2016, compared to a loss of ¥49.70 million in the same period last year[38]