XACIG(600596)2017-10-30 16:00Financial Performance - Net profit attributable to shareholders was CNY 231,665,732.55, a significant recovery from a loss of CNY 12,621,185.46 in the same period last year[6]. - Operating revenue for the first nine months rose by 9.68% to CNY 5,476,002,350.73 compared to the same period last year[6]. - The company's basic earnings per share improved to CNY 0.3368 from a loss of CNY 0.0186 in the same period last year[6]. - The net profit margin for the period improved, with net profit reaching ¥168,615,000, compared to ¥134,000,000 in the previous period, indicating a growth of approximately 25.8%[30]. - The total profit for the first nine months of 2017 reached approximately ¥277.44 million, up from ¥59.39 million in the same period of 2016, marking a growth of 367.5%[35]. - The company's net profit for Q3 2017 was approximately ¥23.35 million, compared to ¥7.08 million in Q3 2016, reflecting a significant increase of 200.5%[32]. Assets and Liabilities - Total assets increased by 8.42% to CNY 8,667,771,912.55 compared to the end of the previous year[6]. - The company reported a total current liability of approximately CNY 3.56 billion, up from CNY 3.23 billion at the beginning of the year[26]. - Total liabilities rose to ¥2,028,982,766.35 from ¥1,917,751,864.84, reflecting an increase of about 5.54%[29]. - The total owner's equity increased to ¥3,728,761,661.58 from ¥3,584,745,929.53, reflecting a growth of approximately 4.02%[30]. Cash Flow - The net cash flow from operating activities decreased by 32.39% to CNY 236,347,996.30 compared to the same period last year[6]. - Operating cash inflow for the first nine months of 2017 was CNY 6,379,102,876.88, an increase of 11.5% compared to CNY 5,719,198,088.80 in the same period last year[40]. - Total cash outflow from investing activities was CNY 1,008,917,227.18, up from CNY 380,378,976.28 in the previous year, indicating a significant increase in investment spending[41]. - Net cash flow from investing activities was negative CNY 495,500,983.56, compared to negative CNY 134,437,509.62 in the same period last year[41]. - Cash inflow from financing activities totaled CNY 1,417,013,427.68, an increase from CNY 997,670,799.84 year-on-year[41]. Shareholder Information - The number of shareholders reached 54,462, with the top ten shareholders holding a total of 192,000,000 shares, accounting for 27.51% of total shares[10]. - The company signed a share transfer agreement with Hangzhou Baida Group, transferring 6.2625% of its stake in Hangzhou Industrial Trust for ¥320 million[14]. Investments and Projects - The company reported a significant increase in prepaid accounts by 167.11% to CNY 204,453,533.01, mainly due to increased advance payments for raw materials[12]. - The new project for organic silicon at Xin'an Maitou has commenced trial production as of October 25, 2017, with an additional capacity of 100,000 tons per year[15]. - The company is in the process of transferring its equity in Hangzhou Industrial Trust, which is expected to contribute significantly to profit growth in the fourth quarter[21]. Other Financial Metrics - The weighted average return on equity increased by 5.90 percentage points to 5.58%[6]. - Non-recurring gains and losses totaled CNY 13,938,854.27 for the reporting period, reflecting various income sources[9]. - The company has recognized a provision for environmental remediation costs amounting to ¥22,740,000.00 due to a court ruling related to pollution[15]. - The company reported a foreign exchange loss of approximately ¥9.44 million in Q3 2017, compared to a gain of ¥1.42 million in Q3 2016, highlighting a significant negative shift[32].