SCTE(SH:600674)2016-10-19 16:00Financial Performance - Operating income decreased by 11.92% to CNY 700.19 million for the first nine months compared to the same period last year[6]. - Net profit attributable to shareholders decreased by 12.61% to CNY 2.80 billion for the first nine months compared to the same period last year[6]. - Basic and diluted earnings per share decreased by 12.61% to CNY 0.6363[7]. - Net profit attributable to the parent company decreased by 12.61% year-on-year, primarily due to a decline in investment income[14]. - The company's net profit for the third quarter was CNY 1,241,250.38, a decrease of 4.85% compared to the previous quarter's profit of CNY 1,304,557.00[21]. - Net profit for Q3 2016 reached ¥1,403,332,040.78, a decline of 16.4% from ¥1,679,904,524.07 in Q3 2015[30]. - Year-to-date net profit for 2016 was CNY 2,837,978,793.68, down 10.9% from CNY 3,183,865,633.70 in the same period last year[35]. - Total comprehensive income for Q3 2016 was CNY 1,397,743,721.53, a decrease from CNY 1,618,028,339.07 in Q3 2015[36]. Assets and Liabilities - Total assets increased by 7.12% to CNY 25.94 billion compared to the end of the previous year[6]. - Net assets attributable to shareholders increased by 8.86% to CNY 19.82 billion compared to the end of the previous year[6]. - The total liabilities stood at CNY 5,761,725,778.21, slightly up from CNY 5,642,073,640.88, representing a growth of approximately 2.11%[22]. - The total assets of the company were reported at ¥22,561,318,276.17, up from ¥20,699,689,365.53 year-over-year[25]. - The total owner's equity reached CNY 20,177,735,613.66, up from CNY 18,572,554,204.04, indicating a growth of about 8.66%[22]. - Short-term borrowings increased by 48.48% compared to the beginning of the period, attributed to new borrowings[15]. - Non-current liabilities due within one year surged by 525% year-on-year, as a long-term loan of RMB 1.1 billion from Chuan Tou Group is due by the end of June 2017[15]. Cash Flow - Net cash flow from operating activities decreased by 52.31% to CNY 267.95 million for the first nine months compared to the same period last year[6]. - Cash flow from operating activities decreased by 52.31% year-on-year, mainly due to a decline in electricity fee recoveries from Tian Wan He Company[14]. - Cash inflow from financing activities totaled ¥590,000,000.00, compared to ¥380,032,832.56 in the previous year, marking a 55.2% increase[40]. - The net cash flow from operating activities for Q3 2016 was ¥267,954,053.11, a decrease of 52.4% compared to ¥561,887,842.57 in the same period last year[39]. - The net cash flow from operating activities for the year-to-date was ¥8,362,906.75, down from ¥39,789,139.40 in the previous year[42]. Shareholder Information - The total number of shareholders reached 86,701 by the end of the reporting period[9]. - The largest shareholder, Sichuan Investment Group, holds 50.66% of the shares[10]. Investments and Subsidies - The company received government subsidies amounting to CNY 500,000 related to its normal business operations[8]. - Long-term equity investments rose by 10.54% year-on-year, mainly due to increased capital contributions to Yalong River Company and its profitability this year[15]. - Cash flow from investing activities increased by RMB 1.16 billion year-on-year, mainly due to dividends received from Yalong River Company[16]. - The company implemented a dividend payout of RMB 1.189 billion for the previous year, reducing unallocated profits[15]. Revenue and Sales - The sales revenue of Tian Wan He Company decreased by 18.45% year-on-year, with a net profit decline of 50.54%[16]. - Total operating revenue for Q3 2016 was ¥193,414,034.56, a decrease of 31.8% compared to ¥283,721,634.61 in Q3 2015[28]. - Year-to-date revenue for 2016 reached CNY 17,146,406.87, down 44.5% from CNY 30,850,333.33 in the same period last year[34].