NXBM(SH:600449)2016-10-14 16:00Financial Performance - Operating income for the first nine months was CNY 2,697,033,037.99, representing an increase of 11.34% year-on-year[6]. - Net profit attributable to shareholders of the listed company surged by 315.33% to CNY 88,470,558.92[6]. - Total profit increased by 104.06% to RMB 151,346,948.68, driven by increased product sales and reduced unit costs[13]. - Net profit rose by 138.28% to RMB 114,239,040.28, attributed to the increase in total profit[13]. - Basic and diluted earnings per share increased by 375.00% to CNY 0.19[7]. - Operating profit for the third quarter was CNY 137,591,842.43, significantly up from CNY 37,163,096.78 in the previous year, marking an increase of 270.5%[30]. - The company reported a total profit of CNY 170,410,660.11 for the third quarter, compared to CNY 97,481,467.66 in the same quarter last year, reflecting a growth of 74.8%[30]. - The net profit for the first nine months (January-September) was CNY 127,076,028.05, down 45.5% from CNY 233,741,625.09 in the previous year[34]. Cash Flow - Net cash flow from operating activities increased by 105.17% to CNY 372,322,024.19 for the first nine months[6]. - Cash flow from operating activities increased by 105.17% to RMB 372,322,024.19, due to a decrease in cash payments for materials[13]. - The net cash flow from operating activities for the first nine months was CNY 372,322,024.19, an increase of 105.5% from CNY 181,467,472.09 in the previous year[36]. - The total cash outflow from operating activities was CNY 1,130,028,706.68, a decrease of 18.9% compared to CNY 1,392,554,778.16 in the same period last year[36]. - The company incurred financial expenses of CNY 19,400,616.69 for the first nine months, down 69.0% from CNY 62,772,515.71 in the same period last year[34]. - The cash flow from investing activities showed a net outflow of CNY 32,372,689.06 for the first nine months, compared to a net outflow of CNY 28,408,410.74 in the previous year[37]. - The net cash flow from financing activities was negative at -¥431,783,766.78, compared to -¥168,048,002.14 in the previous year, primarily due to higher debt repayments[39]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 7,659,179,059.02, a decrease of 1.38% compared to the end of the previous year[6]. - Total liabilities decreased to CNY 3,147,501,720.80 from CNY 3,325,479,150.94, a reduction of about 5.35%[26]. - Owner's equity increased to CNY 4,511,677,338.22 from CNY 4,440,917,367.51, showing an increase of approximately 1.6%[26]. - Total current assets increased to CNY 2,330,767,269.06 from CNY 2,171,420,131.23, representing a growth of approximately 7.34%[25]. - Total non-current assets decreased to CNY 5,328,411,789.96 from CNY 5,594,976,387.22, a decline of about 4.77%[25]. - Total assets decreased to CNY 7,659,179,059.02 from CNY 7,766,396,518.45, a decline of about 1.38%[26]. Receivables and Prepayments - Accounts receivable increased by 51.53% to CNY 346,741,735.38 due to an increase in the collection of acceptance bills[11]. - Prepayments rose by 47.46% to CNY 140,799,174.35, attributed to increased advance payments for coal and electricity[11]. - Other receivables increased by 87.67% to CNY 22,403,192.94, driven by increases in deposits and receivables[12]. - Accounts receivable rose to CNY 1,052,902,731.12, up from CNY 863,514,872.73, indicating a significant increase of about 22%[25]. - Other receivables increased to CNY 22,403,192.94 from CNY 11,937,622.45, indicating an increase of approximately 87.5%[25]. Corporate Actions and Strategy - The company plans to issue short-term financing bonds with a total amount not exceeding RMB 1 billion, with a maturity of no more than 1 year[15]. - The company has received approval to issue corporate bonds up to RMB 500 million, with a maturity of no more than 5 years[15]. - The company is committed to eliminating potential competition in the cement industry and is actively seeking solutions that benefit public shareholders[19]. - The restructuring involving China National Building Material Group and China National Materials Group is not controlled by the company and requires local government support[19]. - The company plans to gradually integrate its cement business over a period of five years to resolve competition issues[19]. - The company has received a notification from the State-owned Assets Supervision and Administration Commission regarding the restructuring with China National Building Material Group[19]. - The company will ensure that it does not engage in any business that competes directly or indirectly with its subsidiary, Saima Industrial[21]. - The company will comply with relevant regulations and fulfill its obligations to avoid conflicts of interest with public shareholders[21]. - The company is preparing specific operational plans to promote the integration of its cement business through various methods, including mergers and acquisitions[19]. - The company has committed to compensating any losses incurred by Saima Industrial due to undisclosed liabilities from the merger within seven working days[21]. - The company is focused on maintaining the independence of its operations while pursuing strategic restructuring[19]. - The company is actively communicating with local governments to balance interests and achieve a win-win situation for all parties involved[19].