JSAC(SH:600389)2016-10-24 16:00Financial Performance - Operating revenue for the first nine months reached CNY 3,884,273,480.07, a 91.07% increase year-on-year[6] - Net profit attributable to shareholders decreased by 28.61% to CNY 8,086,136.15 compared to the same period last year[6] - Basic and diluted earnings per share fell by 28.61% to CNY 0.0272[7] - Non-operating income for the first nine months amounted to CNY 1,884,629.45, a decrease compared to the previous year[8] - Revenue for the period rose by 91.07% to ¥3,884,273,480.07, driven by increased trade business income from subsidiaries[15] - Operating costs increased by 100.24% to ¥3,690,879,814.40, mainly due to higher costs associated with increased trade business[16] - Total revenue for Q3 2016 reached ¥656,615,063.86, a significant increase from ¥470,118,489.87 in the same period last year, representing a growth of approximately 39.5%[29] - The company's operating revenue for Q3 2016 was ¥656,615,063.86, an increase from ¥470,118,489.87 in the same period last year, representing a growth of approximately 39.5%[30] - For the first nine months of 2016, the operating revenue was ¥2,120,566,005.16, up from ¥1,960,941,608.54 in the same period of 2015, reflecting a growth of approximately 8.1%[34] Cash Flow - Net cash flow from operating activities surged by 1,383.49% to CNY 216,837,836.82 year-to-date[6] - Operating cash flow net amount for the first nine months of 2016 was 216,837,836.82 RMB, compared to 14,616,780.33 RMB in the previous year, indicating a strong cash generation capability[39] - Total cash inflow from operating activities was CNY 1,422,972,196.75, compared to CNY 1,600,325,442.13 in the previous year, indicating a decrease of approximately 11%[41] - Cash outflow from operating activities totaled CNY 1,331,452,365.13, down from CNY 1,561,361,191.15 year-on-year, reflecting a reduction of about 15%[41] - Cash flow from financing activities for the first nine months of 2016 was -181,992,133.07 RMB, compared to -50,951,159.34 RMB in the same period last year, indicating increased cash outflows[40] - Cash inflow from financing activities was CNY 1,935,819,000.00, a decrease of approximately 45% compared to CNY 3,534,328,500.00 in the same period last year[42] Assets and Liabilities - Total assets increased by 1.45% to CNY 3,165,384,693.95 compared to the end of the previous year[6] - Accounts receivable increased by 276.18% to ¥401,842,825.22, primarily due to an increase in receivables during the normal settlement period[12] - Other current assets decreased by 78.46% to ¥5,221,322.60, mainly due to a reduction in VAT credits[12] - Long-term prepaid expenses increased by 413.61% to ¥5,986,691.04, primarily due to ion membrane replacements in the chlor-alkali plant[13] - The balance of notes payable increased by 89.32% to ¥488,399,391.80, due to higher amounts settled during the reporting period[13] - The company's long-term borrowings decreased by 75.49% to ¥9,472,296.70, primarily due to repayments of medium-term loans[12] - Current liabilities totaled ¥1,680,255,707.03, up from ¥1,654,198,421.86 at the start of the year, reflecting a rise of approximately 1.5%[26] - Non-current liabilities decreased to ¥152,310,390.76 from ¥173,900,709.39, showing a reduction of about 12.5%[22] Shareholder Information - The total number of shareholders reached 13,084 by the end of the reporting period[9] - The largest shareholder, Sinochem International, holds 29.19% of the shares, totaling 86,684,127 shares[10] - The second-largest shareholder, Nantong Industrial Holdings Group, holds 25.79% with 76,609,377 shares, of which 38,295,000 shares are pledged[10] Profitability - The weighted average return on net assets decreased by 0.3066 percentage points to 0.6246%[6] - The company reported a significant increase in accounts receivable, which rose to ¥349,680,550.18 from ¥92,279,115.10, reflecting a growth of approximately 278%[24] - The net profit for Q3 2016 was ¥3,892,318.42, recovering from a net loss of ¥5,087,132.87 in Q3 2015, marking a significant turnaround[31] - The total profit for Q3 2016 reached ¥6,844,451.74, compared to a loss of ¥7,781,480.27 in the same quarter last year[31] - The comprehensive income total for Q3 2016 was ¥42,435,194.68, a recovery from a loss of ¥4,870,530.77 in the same quarter last year[32] - Total comprehensive income for Q3 2016 was 36,682,882.48 RMB, compared to -9,182,756.20 RMB in the same quarter last year, reflecting a positive turnaround[36]