TDTEC(600582)2016-10-27 16:00Financial Performance - Operating revenue decreased by 26.87% to CNY 6,998,067,225.57 year-to-date[7] - Net profit attributable to shareholders decreased by 48.29% to CNY 364,636,805.00 year-to-date[7] - Basic earnings per share decreased by 48.24% to CNY 0.088[8] - Total revenue for Q3 2016 was approximately ¥2.42 billion, a decrease of 21.3% compared to ¥3.07 billion in Q3 2015[31] - The company reported a net profit margin decline, with net income for the first nine months of 2016 at ¥6.99 billion, down from ¥9.57 billion in the same period last year, a decrease of 26.7%[31] - Net profit attributable to shareholders of the parent company for Q3 2016 was CNY 75.56 million, down from CNY 171.35 million in Q3 2015, a decrease of 56.1%[33] - The company reported a total profit of CNY 176.58 million for Q3 2016, down from CNY 244.72 million in Q3 2015, a decrease of 28.0%[32] - The total operating costs for the first nine months of 2016 were CNY 6.68 billion, compared to CNY 8.68 billion in the same period of 2015, reflecting a reduction of 23.0%[32] Cash Flow - Cash flow from operating activities showed a negative net amount of CNY -597,457,730.36 year-to-date[7] - The net cash flow from operating activities decreased significantly to RMB -597.46 million, attributed to reduced cash inflows from sales and services due to reliance on bill endorsements for settlements[15] - Net cash flow from operating activities was negative at CNY -597,457,730, a decline from CNY -58,868,738 in the same period last year[38] - Cash inflow from operating activities totaled CNY 6,427,680,691, down 15.8% from CNY 7,632,703,234 in the previous year[38] - Cash outflow from operating activities was CNY 7,025,138,422, a decrease of 8.7% compared to CNY 7,691,571,972 last year[39] - The company reported a net increase in cash and cash equivalents of CNY 754,234,757, compared to CNY 475,317,688 in the previous year[39] - Total cash and cash equivalents at the end of the period stood at CNY 4,422,311,386, up from CNY 3,180,404,687 last year[39] Assets and Liabilities - Total assets increased by 4.22% to CNY 34,626,473,685.23 compared to the end of the previous year[7] - The company's accounts receivable decreased by 31.30% to RMB 1.776 billion, primarily due to the maturity of bills and transfers[14] - The company's tax payable decreased by 57.28% to RMB 194.34 million, mainly due to the payment of last year's corporate income tax[14] - The total current liabilities decreased to RMB 11.53 billion from RMB 11.86 billion, a reduction of about 2.80%[26] - The company's total liabilities increased to ¥5.74 billion, compared to ¥3.82 billion at the beginning of the year, representing a rise of 50.4%[30] - The company's equity attributable to shareholders reached ¥13.54 billion, up from ¥13.30 billion, showing an increase of 1.8%[30] Investments and Financing - The company issued bonds worth RMB 1 billion with a maturity of 5 years at a coupon rate of 4.68%, aimed at supplementing working capital[15][16] - Long-term borrowings rose by 43.37% to RMB 1.473 billion, mainly due to increased loans from the company's headquarters[15] - The company reported cash inflow from investment income of 90.72 million in the previous quarter, indicating better investment performance[42] Shareholder Information - The total number of shareholders reached 77,451[10] - The largest shareholder, China Coal Technology & Engineering Group, holds 69.27% of shares[10] Other Key Points - Government subsidies recognized in the current period amounted to CNY 11,820,253.24[9] - Non-recurring gains and losses totaled CNY 19,839,807.79 for the current period[9] - The company has completed the transfer and renewal of certain operational qualifications, ensuring compliance and operational continuity[19] - The company is committed to avoiding and resolving any potential industry competition, ensuring that its main business remains unaffected[19] - The company has successfully obtained property ownership certificates for certain assets, mitigating potential disputes[18]