LNCD(SH:600739)2015-10-30 16:00Financial Performance - Net profit attributable to shareholders increased by 114.26% to CNY 1,470,236,779.68 for the first nine months compared to the same period last year[5] - Basic earnings per share rose by 97.45% to CNY 0.9825 for the first nine months compared to the same period last year[5] - Total operating revenue for Q3 was approximately ¥2.51 billion, an increase of 19.3% compared to ¥2.10 billion in the same period last year[24] - Total operating costs for Q3 rose to approximately ¥2.57 billion, up 29.6% from ¥1.98 billion year-over-year[24] - Net profit for Q3 was approximately ¥238.38 million, a decrease of 37.1% from ¥378.46 million in the same quarter last year[25] - Earnings per share for Q3 were ¥0.1553, down from ¥0.2274 in the same period last year[25] - Total profit for Q3 was approximately ¥275.38 million, a decrease of 32.8% from ¥410.41 million in the same period last year[24] - Total comprehensive income for the period reached CNY 1,866,434,678.56, a significant increase compared to CNY 935,608,927.40 from the previous year[30] Assets and Liabilities - Total assets increased by 23.56% to CNY 25,059,794,730.06 compared to the end of the previous year[5] - Non-current assets totaled ¥19,309,774,153.77, compared to ¥15,757,443,296.91, indicating a year-over-year increase of about 22.5%[16] - Current liabilities rose to ¥4,083,084,289.24 from ¥2,534,665,647.12, reflecting a significant increase of approximately 60.9%[16] - Total liabilities amounted to ¥5,583,436,089.35, compared to ¥5,391,491,170.64, showing a slight increase of about 3.6%[17] - Owner's equity reached ¥19,476,358,640.71, up from ¥14,889,880,901.33, marking an increase of approximately 30.5%[17] - The total liabilities and owner's equity reached ¥25,059,794,730.06, consistent with total assets, indicating a balanced financial position[17] Cash Flow - Net cash flow from operating activities was negative at CNY -161,068,402.59 for the first nine months, a decrease of 287.75% compared to the same period last year[5] - Cash inflow from operating activities totaled CNY 6,534,208,081.86, while cash outflow was CNY 6,695,276,484.45, indicating a cash outflow of CNY 161,068,402.59[34] - Investment activities generated a net cash outflow of CNY -355,026,867.69, compared to CNY -465,664,566.70 in the previous year[34] - Financing activities produced a net cash inflow of CNY 1,246,258,801.34, an increase from CNY 357,427,922.05 in the same period last year[34] - The ending cash and cash equivalents balance was CNY 1,610,558,002.03, compared to CNY 634,045,825.67 at the end of the previous year[34] Shareholder Information - The total number of shareholders reached 97,993 by the end of the reporting period[6] - The largest shareholder, Liaoning Chengda Group Co., Ltd., holds 11.11% of the shares[6] Investments and Restructuring - The company is actively pursuing a major asset restructuring involving the acquisition of photovoltaic power stations, with ongoing due diligence and negotiations[11] - The company signed a framework agreement with China Minsheng Investment Co., Ltd. on October 19, 2015, for the asset purchase[11] - The company reported a significant increase in short-term borrowings by 122.45% to ¥616,608,800.00, primarily for business needs[10] - Long-term equity investments increased by 42.46% to ¥12,118,696,042.36, mainly from the share of profits from the associate Guangfa Securities[10] - Investment income rose by 163.50% to ¥1,692,537,961.48, reflecting a substantial increase in performance from Guangfa Securities[10] Other Financial Metrics - Financial expenses surged by 160.14% to ¥156,782,903.55, attributed to significant interest expenses from the subsidiary Baoming Mining entering production[10] - The company reported a significant increase in asset impairment losses, which reached approximately ¥110.24 million in Q3, compared to ¥25.16 million in the same quarter last year[24] - Other comprehensive income for Q3 was negative at approximately -¥203.19 million, compared to positive ¥76.90 million in the same period last year[25] - The total comprehensive income for Q3 was approximately ¥35.20 million, a decrease of 92.3% from ¥455.36 million in the same quarter last year[25]