六国化工(600470) - 2016 Q3 - 季度财报

Financial Performance - Operating revenue decreased by 36.90% to CNY 3,044,921,016.34 for the period from January to September[6] - Net profit attributable to shareholders was a loss of CNY 62,106,883.86, a decrease of 143.64% compared to the same period last year[6] - Basic earnings per share were CNY -0.119, a decrease of 143.59% compared to the same period last year[6] - The company's operating revenue for the first nine months of 2016 was CNY 3,044,921,016.34, a decrease of 36.90% compared to CNY 4,825,902,717.02 in the same period of 2015[13] - Total revenue for the third quarter was ¥1,004,765,169.32, a decrease of 51.6% compared to ¥2,072,210,705.15 in the same period last year[24] - Net profit for the third quarter was a loss of ¥47,637,019.95, compared to a profit of ¥74,044,225.20 in the same period last year[24] - The company's net profit for the first nine months of 2016 was significantly impacted by a 97.16% decrease in income tax expenses, which fell to CNY 919,449.43 from CNY 32,340,434.79 in the previous year[13] - The company reported a 73.64% decrease in non-operating expenses, which amounted to CNY 2,682,063.36 compared to CNY 10,175,341.03 in the same period last year[13] Assets and Liabilities - Total assets increased by 2.21% to CNY 6,319,055,246.47 compared to the end of the previous year[6] - The total liabilities increased to CNY 4,299,315,702.19 from CNY 4,019,976,971.46 at the beginning of the year[17] - The total assets decreased to ¥4,253,957,378.85 from ¥4,362,124,873.64 at the beginning of the year, reflecting a decline of 2.5%[22] - The total equity decreased to ¥2,305,366,509.96 from ¥2,351,457,217.88, a decline of 2.0%[22] - The company reported a total liability of ¥1,948,590,868.89, down 3.1% from ¥2,010,667,655.76 at the beginning of the year[22] Cash Flow - Net cash flow from operating activities decreased by 33.30% to CNY 126,426,877.30 for the period from January to September[6] - The cash flow from operating activities for the first nine months of 2016 was ¥126,426,877.30, a decrease of 33.3% from ¥189,542,347.83 in the same period last year[31] - The total cash inflow from operating activities was ¥1,859,648,987.78, down 12.8% from ¥2,134,736,982.77 year-on-year[33] - The company’s total cash outflow from operating activities was ¥1,671,807,079.73, down 25.1% from ¥2,233,759,460.17 in the previous year[33] - The company experienced a net cash outflow from investment activities of -¥97,680,509.81, compared to -¥36,396,118.53 in the previous year, indicating increased investment expenditures[34] - Cash inflow from financing activities totaled ¥660,000,000.00, a decrease of 12.3% from ¥752,000,000.00 in the previous year[34] Shareholder Information - The total number of shareholders was 51,414 at the end of the reporting period[10] - The largest shareholder, Tongling Chemical Industry Group Co., Ltd., held 25.49% of the shares[10] Inventory and Receivables - Accounts receivable decreased by 38.42% to CNY 112,572,344.34 due to a reduction in operating revenue[12] - The company's inventory as of September 30, 2016, was CNY 1,227,899,371.05, compared to CNY 1,014,364,629.08 at the beginning of the year[15] - The company's pre-receipts increased by 59.29% to CNY 809,606,994.54 from CNY 508,262,729.37 year-on-year[16] - Inventory increased significantly to ¥869,168,725.20, up 64.9% from ¥525,769,756.49 at the beginning of the year[22] Borrowings and Financial Expenses - The company's long-term borrowings increased to CNY 261,750,000.00, up 34.23% from CNY 195,000,000.00 at the beginning of the year[17] - Short-term borrowings decreased to ¥640,000,000.00 from ¥828,000,000.00, a reduction of 22.7%[22] - The company reported a decrease in sales expenses for Q3 2016, totaling ¥21,263,112.91, down 38.5% from ¥34,636,339.99 in Q3 2015[27] - The company's financial expenses for Q3 2016 were ¥7,370,585.85, a decrease of 22.8% compared to ¥9,533,449.17 in Q3 2015[29]