SOPO(SH:600746)2016-10-28 16:00Financial Performance - Operating income for the first nine months reached CNY 450,097,454.23, representing a growth of 6.3% year-on-year[7] - Net profit attributable to shareholders was CNY 23,068,659.92, a significant recovery from a loss of CNY 21,290,379.99 in the previous year[7] - Basic earnings per share improved to CNY 0.07524 from a loss of CNY 0.0695 per share[8] - Net profit for the period was CNY 9,450,363.90, compared to a net loss of CNY 9,635,454.03 in the same period last year[26] - Operating revenue for the first nine months reached CNY 450,097,454.23, up from CNY 423,412,242.07, reflecting a growth of approximately 6.3%[25] - Operating costs decreased to CNY 392,054,625.28 from CNY 431,245,433.56, resulting in a reduction of about 9.1%[25] - The company reported a total equity of CNY 442,163,292.60, an increase from CNY 417,223,168.39, indicating a growth of approximately 6%[23] - Earnings per share improved to CNY 0.0308 from a loss of CNY 0.0314 in the previous year[27] Cash Flow and Liquidity - Net cash flow from operating activities surged by 591.66% to CNY 49,709,385.20 compared to the same period last year[7] - Operating cash flow net amount increased significantly to ¥49,709,385.20 from ¥7,186,946.81 year-on-year, representing a growth of approximately 590%[28] - Cash inflow from operating activities totaled ¥415,829,480.47, compared to ¥402,070,891.63 in the previous year, indicating a year-on-year increase of about 3.4%[28] - Cash outflow from operating activities decreased to ¥366,120,095.27 from ¥394,883,944.82, reflecting a reduction of approximately 7.3%[28] - The cash and cash equivalents at the end of the period reached ¥83,612,834.21, a significant rise from ¥21,597,652.29 in the previous year, representing an increase of approximately 287%[29] - The company maintained a strong liquidity position with a net increase in cash and cash equivalents of ¥49,806,853.77 compared to ¥7,218,407.66 in the previous year, reflecting robust operational performance[29] Assets and Liabilities - Total assets increased by 16.19% to CNY 599,225,911.99 compared to the end of the previous year[7] - Current assets rose significantly to CNY 214,317,738.88 from CNY 94,096,399.84, marking an increase of about 127.7%[22] - The total liabilities increased to CNY 157,062,619.39 from CNY 98,506,231.00, which is an increase of about 59.4%[23] - Deferred tax assets decreased by 33.8% compared to the beginning of the period, mainly due to last year's losses being partially offset this year[16] Shareholder Information - The total number of shareholders at the end of the reporting period was not specified, but the report includes details on the top ten shareholders[12] - Total number of shareholders is 16,019[13] - Jiangsu Sop (Group) Co., Ltd. holds 167,954,942 shares, accounting for 54.81% of total shares[14] Other Financial Metrics - The weighted average return on equity increased by 10.3674 percentage points to 5.3772%[8] - The company reported a 190.6% increase in undistributed profits compared to the beginning of the period, reflecting current period profits being transferred[16] - The company’s financial expenses showed significant changes, with interest income exceeding the previous year[16] - Deferred income rose slightly to CNY 10,634,000.00 from CNY 10,544,000.00, showing a marginal increase of 0.85%[23] - The company recorded a financial expense of CNY -366,353.23, compared to CNY -145,496.84 in the previous period, indicating a worsening of financial costs[26] Operational Changes - The company plans to gradually shut down its chlor-alkali products as part of environmental governance efforts[17] - Other payables increased by 375.88% compared to the beginning of the period, primarily due to accrued maintenance costs[16]