CJJG(SH:600496)2016-10-26 16:00Financial Performance - Operating revenue for the period was CNY 3,953,616,186.17, representing a decline of 21.93% year-on-year[5] - Net profit attributable to shareholders was CNY 136,202,042.68, down 43.74% from the previous year[5] - Basic earnings per share were CNY 0.0902, a decrease of 43.73% compared to the previous year[5] - The company reported a net profit warning for the year, indicating potential losses or significant changes compared to the previous year[13] - The net profit attributable to shareholders for Q3 2016 was CNY 41,525,999.86, down from CNY 113,760,490.58 in Q2 2016, reflecting a decrease of about 63.5%[25] - The company's gross profit margin for Q3 2016 was approximately 5.2%, down from 19.0% in Q2 2016, highlighting a significant reduction in profitability[28] - The total comprehensive income attributable to shareholders for Q3 2016 was CNY 42,480,707.90, down from CNY 119,096,470.23 in Q2 2016, reflecting a decline of approximately 64.3%[27] - The company's financial expenses for Q3 2016 were CNY 19,774,656.73, significantly higher than CNY 9,222,692.55 in Q2 2016, indicating an increase of about 114.0%[28] - The investment income for the first nine months of 2016 was CNY -1,733,934.83, compared to CNY 134,008,955.05 in the same period last year, representing a substantial decline[28] - The total revenue for the first nine months of 2016 was CNY 377,836,583, compared to CNY 478,631,487 in the same period last year, indicating a year-over-year decline of approximately 21.0%[28] Cash Flow - Cash flow from operating activities increased by 119.16% to CNY 240,533,055.25 compared to the same period last year[5] - Cash received from operating activities decreased by 34.12% to RMB 144,498,412.21, primarily due to the previous year's financial support from the controlling shareholder[11] - Cash paid for operating activities decreased by 32.05% to RMB 293,058,456.94, mainly due to the previous year's financial support from the controlling shareholder[11] - Cash flow from operating activities for the first nine months of 2016 was 240,533,055.25 RMB, an increase from 109,752,341.63 RMB in the same period last year, representing a growth of approximately 119%[33] - Cash flow from investing activities for the first nine months of 2016 was -626,471,536.93 RMB, worsening from -175,946,561.41 RMB in the same period last year[33] - Cash flow from financing activities for the first nine months of 2016 was 257,578,091.64 RMB, compared to 144,112,354.38 RMB in the same period last year, an increase of approximately 79%[33] - Operating cash inflow for the year-to-date period reached $639.01 million, a decrease of 26.3% compared to $867.66 million in the same period last year[36] - Net cash flow from operating activities was $33.55 million, significantly up from $495,918.25 in the previous year[36] - Cash outflow from investment activities totaled $618.53 million, compared to $247.10 million last year, resulting in a net cash flow from investment activities of -$323.50 million[36] - Cash inflow from financing activities was $789.75 million, down 52.5% from $1.66 billion in the same period last year[37] Assets and Liabilities - Total assets at the end of the reporting period were CNY 9,912,779,830.71, a decrease of 5.08% compared to the end of the previous year[5] - Other receivables increased by 52.92% to RMB 590,202,077.19, primarily due to the increase in receivables from equity transfer payments[10] - Construction in progress rose by 164.80% to RMB 178,983,223.38, mainly due to the impact of new factory construction[10] - Other non-current assets surged by 20,493.88% to RMB 432,152,280.00, primarily due to prepayments for office building purchases[10] - Total liabilities due within one year decreased by 33.27% to RMB 120,327,270.00, primarily due to loan repayments during the period[10] - Long-term borrowings increased by 48.14% to RMB 182,992,553.14, mainly due to new loans obtained during the period[10] - Minority interests increased by 621.64% to RMB 53,074,377.89, primarily due to external investment absorption[10] - The company's total liabilities as of September 30, 2016, were 6,200,826,979.84 RMB, a decrease from 6,904,195,145.23 RMB at the beginning of the year, indicating a reduction of about 10.1%[17] - The total assets of the company as of September 30, 2016, were 9,912,779,830.71 RMB, down from 10,443,767,624.66 RMB at the beginning of the year, reflecting a decline of approximately 5.1%[17] Shareholder Information - The total number of shareholders at the end of the reporting period was 137,148[7] - The largest shareholder, Jinggong Holding Group, held 24.17% of the shares, with 36,506,960 shares pledged[7] Future Outlook - The company plans to focus on market expansion and new product development in the upcoming quarters to drive growth[20]