qscc(SH:600425)2015-10-30 16:00Financial Performance - Operating revenue for the first nine months was ¥1,443,751,735.32, a decrease of 33.364% year-on-year[6] - Net profit attributable to shareholders of the listed company was -¥291,864,204.93, representing a decline of 25.890% compared to the same period last year[6] - The net profit attributable to the parent company is expected to be approximately -690 million yuan, a decrease of about 116% compared to the same period last year, due to severe overcapacity in the Xinjiang cement market and declining demand[13] - Total revenue for Q3 2015 was CNY 618,721,668.59, a decrease of 34.1% compared to CNY 938,701,805.46 in Q3 2014[26] - The net profit for the first nine months of 2015 was CNY 143,574,122.45, down from CNY 251,489,668.81 in the same period last year[22] - The company reported a net profit of -101,328,362.25 CNY for Q3 2015, compared to -67,493,939.49 CNY in the same period last year, indicating a worsening performance[27] - The total profit for Q3 2015 was CNY 20,344,746.73, a decrease of 52.63% compared to the previous year[31] - The net profit for Q3 2015 was CNY 20,344,746.73, reflecting a significant loss of CNY 33,033,096.28 from the previous year[31] Cash Flow - The net cash flow from operating activities for the first nine months was -¥62,060,752.95, a decrease of 140.216% year-on-year[6] - Cash inflow from operating activities for the first nine months of 2015 was CNY 1,306,425,787.79, a decrease of 42.8% from CNY 2,289,681,191.07 in the previous year[33] - The net cash flow from operating activities was negative at CNY -62,060,752.95, compared to a positive CNY 154,320,000.50 in the previous year[33] - Cash outflow from investing activities was CNY 274,228,085.79, down from CNY 564,472,962.09 in the previous year[34] - The net cash flow from financing activities was CNY 350,871,385.29, compared to CNY 554,475,716.29 in the previous year[34] - Cash inflow from financing activities totaled $1.77 billion, down from $2.31 billion in the same quarter last year[37] - The net cash flow from financing activities was $323.93 million, compared to $815.83 million in the previous year[37] Assets and Liabilities - Total assets at the end of the reporting period reached ¥12,187,626,440.28, an increase of 1.067% compared to the end of the previous year[6] - The company's total assets increased to CNY 10,126,967,163.52 as of September 30, 2015, up from CNY 9,699,583,909.20 at the beginning of the year[22] - The company's total liabilities rose to CNY 5,284,733,120.38, compared to CNY 4,750,752,908.25 at the beginning of the year, reflecting an increase of 11.2%[22] - Short-term borrowings increased significantly to CNY 1,094,000,000.00 from CNY 470,000,000.00 at the start of the year, marking a rise of 132.6%[21] - The company’s total liabilities increased, leading to a net asset decline, which may impact future financing and operational strategies[28] Shareholder Information - The total number of shareholders at the end of the reporting period was 104,551[9] - The largest shareholder, Aral Tongzhong State-owned Assets Management Co., Ltd., held 26.21% of the shares[9] Government Support and Other Income - The company received government subsidies amounting to ¥7,567,497.18 during the first nine months[8] - The company reported a non-operating income of ¥2,310,493.33 for the first nine months[8] Operational Metrics - Basic and diluted earnings per share were both -¥0.21, a decrease of 35.484% compared to the previous year[7] - The weighted average return on net assets was -5.6%, a decrease of 1.51 percentage points compared to the previous year[7] - Accounts receivable increased by 42.08% compared to the beginning of the period, primarily due to increased sales credit during the peak sales season[11] - Fixed assets increased by 46.96% compared to the beginning of the period, mainly due to the completion of certain construction projects[11] - Tax payable increased by 506.41% compared to the beginning of the period, mainly due to increased sales revenue leading to higher value-added tax[11]