MTL(SH:600683)2016-10-26 16:00Financial Performance - Operating revenue decreased by 28.35% to CNY 1,567,489,185.70 for the first nine months compared to the same period last year[7]. - Net profit attributable to shareholders reached CNY 98,320,510.03, a significant recovery from a loss of CNY 128,819,726.87 in the previous year[7]. - Cash flow from operating activities decreased by 30.87% to CNY 2,630,561,211.13 for the first nine months compared to the same period last year[7]. - Basic and diluted earnings per share were CNY 0.133, recovering from a loss of CNY 0.174 in the previous year[7]. - The company reported a net profit of CNY -3,354,393.00 after deducting non-recurring gains and losses, improving from a loss of CNY -182,732,570.68 in the previous year[7]. - The company recorded an operating profit of CNY 86,092,933.31 for the third quarter of 2016, compared to CNY 24,120,739.57 in the same quarter last year[30]. - The company achieved a total comprehensive income of CNY 67,821,201.64 for the third quarter of 2016, compared to a loss of CNY 94,749,352.80 in the same quarter last year[31]. - Net profit for the third quarter of 2016 was CNY 67,821,201.64, significantly higher than CNY 5,421,730.73 in the same quarter last year[30]. Assets and Liabilities - Total assets increased by 12.63% to CNY 31,059,915,559.70 compared to the end of the previous year[7]. - Total liabilities rose to CNY 28,165,797,770.09 from CNY 24,769,638,196.48, marking an increase of approximately 13.7%[23]. - The company's total equity increased to CNY 2,894,117,789.61 from CNY 2,806,810,803.97, showing a growth of about 3.1%[23]. - Long-term borrowings rose by 31.44% to CNY 10,842,417,459.52 from CNY 8,249,000,000.00, reflecting increased financing needs[13]. - Total liabilities as of the end of the reporting period were CNY 3,683,733,561.04, an increase from CNY 2,462,289,265.09 in the previous year[28]. - Total equity amounted to CNY 1,684,608,591.44, a decrease from CNY 1,750,320,578.84 year-over-year[28]. Cash Flow and Investments - Cash and cash equivalents increased by 64.66% to CNY 3,483,634,340.84 from CNY 2,115,682,861.15, due to increased bond issuance and advance property sales[13]. - The net cash flow from operating activities decreased by 30.87% to CNY 2,630,561,211.13 from CNY 3,805,313,998.69, primarily due to a reduction in advance sales of properties[13]. - The net cash flow from financing activities was -1,026,287,777.24, an improvement from -4,290,498,561.97 in the same period last year[41]. - Total cash inflow from investment activities reached CNY 1,277,501,154.96, up from CNY 698,035,850.99 year-over-year[44]. - The net cash flow from investment activities is -507,388,033.55 CNY, contrasting with a positive 174,643,951.59 CNY in the previous year[44]. Shareholder Information - Total number of shareholders reached 24,247 as of the report date[9]. - The largest shareholder, Beijing Infrastructure Investment Co., Ltd., holds 32.00% of the shares[9]. Operational Costs and Income - The company's operating costs decreased by 37.86% to CNY 1,155,448,154.86 compared to CNY 1,859,506,376.00 in the previous year due to reduced real estate project sales[13]. - Non-operating income for the first nine months totaled CNY 64,245,368.47, down from CNY 101,674,903.03 in the previous year[8]. - Financial expenses saw a significant reduction of 101.78%, from CNY 108,826,719.12 to CNY -1,942,389.85, attributed to decreased loan costs and increased recovery of funds[13]. - Investment income increased by 62.41% to CNY 10,595,716.72 from CNY 6,523,895.57, driven by sales recognition from associated companies[13]. Other Financial Metrics - The weighted average return on equity improved to 4.94% from -7.14% in the previous year[7]. - The company reported a profit margin of approximately 4.3% for the first three quarters of 2016, compared to a loss margin in the previous year[30]. - Basic earnings per share for the third quarter of 2016 was CNY 0.079, compared to a loss of CNY 0.014 in the same quarter last year[31].