江山股份(600389) - 2017 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months was CNY 2,399,648,007.43, down 38.22% year-on-year[7] - Net profit attributable to shareholders was CNY 87,282,560.39, an increase of 979.41% compared to the same period last year[7] - Basic earnings per share reached CNY 0.2939, reflecting a significant increase of 980.51% year-on-year[8] - The weighted average return on equity was 6.1540%, an increase of 5.5294 percentage points compared to the previous year[8] - Total profit for the period was 120,767,928.53 RMB, an increase of 929.75% compared to the previous year, driven by higher product gross margins[17] - Operating profit for the first nine months of 2017 reached CNY 123,558,094.48, a substantial increase from CNY 485,883.18 in the same period of 2016[32] - Net profit for Q3 2017 was CNY 20,729,994.09, compared to CNY 3,892,318.42 in Q3 2016, representing a significant increase of 431.5%[32] - The net profit for Q3 2017 was CNY 26,507,196.41, a decrease of 7.8% compared to the previous year[36] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 52,542,948.87, a decline of 124.23% compared to the previous year[7] - Net cash flow from operating activities was -52,542,948.87 RMB, a decrease of 124.23% year-on-year, due to lower cash received from sales[18] - Cash inflow from operating activities totaled ¥1,973,943,704.46, up from ¥1,422,972,196.75 year-on-year, indicating a growth of approximately 39%[43] - Cash outflow from operating activities increased to ¥1,879,045,818.47 from ¥1,331,452,365.13, representing a rise of about 41%[43] - The company incurred a total operating cash outflow of CNY 1,898,859,459.71, compared to CNY 2,894,500,872.33 in the previous year[40] - Cash flow from investing activities showed a net outflow of ¥28,288,844.48, an improvement from a net outflow of ¥43,603,513.22 in the previous year[44] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,138,181,009.12, a decrease of 3.58% compared to the end of the previous year[7] - Total assets as of September 30, 2017, amounted to CNY 2,974,098,396.23, a decrease from CNY 3,185,134,954.21 at the beginning of the year, reflecting a reduction of approximately 6.6%[28] - Total liabilities were CNY 1,552,666,547.41, down from CNY 1,827,193,121.72 at the start of the year, showing a decrease of about 15%[28] - Current liabilities totaled CNY 1,429,729,716.36, compared to CNY 1,689,384,933.24 at the beginning of the year, indicating a reduction of approximately 15.4%[28] - Non-current liabilities amounted to CNY 122,936,831.05, down from CNY 137,808,188.48, reflecting a decrease of about 10.7%[28] Shareholder Information - The total number of shareholders at the end of the reporting period was 13,117[12] - The largest shareholder, Sinochem International, held 29.19% of the shares, while the second-largest shareholder, Nantong Industrial Holdings, held 25.79%[12] Investment and Income - The company reported non-operating income of CNY 2,368,348.87 for the first nine months, down from CNY 9,162,087.04 in the previous year[8] - Investment income increased by 13,123,573.10 RMB, up 206.93%, due to profit growth from joint ventures[17] - Total revenue from investment income reached CNY 4,082,493.70, with a significant contribution from joint ventures amounting to CNY 4,268,443.70[36] Operational Costs - Operating costs decreased by 1,630,601,968.33 RMB, a decline of 44.18%, attributed to reduced trade sales from subsidiaries[17] - Operating costs decreased to CNY 558,323,127.89 in Q3 2017 from CNY 566,142,146.49 in Q3 2016, reflecting a reduction of 1.4%[35] - The company reported a total operating cost of CNY 652,693,311.49 for Q3 2017, compared to CNY 653,248,484.57 in Q3 2016, showing a slight decrease[31] Other Financial Metrics - The company reported a significant increase in tax payable by 6,727,537.08 RMB, up 42.96%, due to higher VAT and corporate income tax obligations[15] - Cash and cash equivalents decreased by 162,058,549.37 RMB, a decline of 49.18%, primarily due to loan repayments and the settlement of bank acceptance bills[14] - The company's retained earnings rose to CNY 781,418,104.92 from CNY 704,383,482.97, an increase of approximately 10.9%[28] - The total equity attributable to shareholders increased to CNY 1,421,431,848.82 from CNY 1,357,941,832.49, reflecting a growth of about 4.7%[28]