Yuancheng gold(SH:600766)2016-10-27 16:00Financial Performance - Net profit attributable to shareholders decreased by 85.13% to CNY 3,631,655.97 for the first nine months of the year[6]. - Operating revenue for the first nine months decreased by 6.75% to CNY 8,231,007.83 compared to the same period last year[6]. - The weighted average return on net assets dropped by 85.78 percentage points to 7.38%[6]. - Operating revenue for the period (July-September) was CNY 2,678,053.91, compared to CNY 2,837,900.00 in the same period last year, a decline of about 5.61%[21]. - Year-to-date operating revenue reached CNY 8,231,007.83, down from CNY 8,827,200.00, reflecting a decrease of approximately 6.73%[21]. - Net profit for Q3 2016 was ¥1,033,534.30, compared to ¥22,551,607.02 in the same period last year, indicating a significant decline[22]. - Total comprehensive income for Q3 2016 was ¥2,003,628.94, down from ¥20,968,605.71 in Q3 2015[23]. - Earnings per share for Q3 2016 were ¥0.02, compared to ¥0.11 in Q3 2015[23]. - Total comprehensive income for the third quarter was CNY 2,061,607.24, compared to CNY 21,029,394.88 in the same period last year[27]. Cash Flow - Net cash flow from operating activities turned negative at CNY -459,486.49, a decrease of 103.83% compared to the previous year[11]. - Cash inflow from operating activities totaled CNY 8,233,747.63, down from CNY 16,262,173.71 year-over-year[30]. - Cash outflow from operating activities increased to CNY 8,693,234.12, compared to CNY 4,273,893.01 in the same period last year[30]. - Cash and cash equivalents decreased to CNY 1,157,924.56 from CNY 3,130,220.73, a significant decline of about 63.06%[14]. - Cash flow from financing activities was negative CNY 1,510,929.34, compared to negative CNY 11,607,972.61 in the previous year[31]. - The company reported a decrease in cash received from sales of goods and services to CNY 5,481,007.83 from CNY 6,077,200.00 year-over-year[33]. - The net cash flow from investing activities was negative CNY 1,880.34, indicating no significant investment activity during the period[34]. Assets and Liabilities - Total assets increased by 1.44% to CNY 167,809,907.09 compared to the end of the previous year[6]. - Total assets increased to CNY 168,693,525.61 from CNY 166,014,231.91, reflecting a growth of approximately 1.01%[19]. - Current assets totaled CNY 108,690,984.20, up from CNY 107,685,153.87, indicating an increase of about 0.93%[18]. - Non-current assets rose to CNY 60,002,541.41 from CNY 58,329,078.04, representing a growth of approximately 2.87%[18]. - Total liabilities decreased to CNY 114,408,294.08 from CNY 117,917,026.71, a reduction of about 3.77%[19]. - Owner's equity increased to CNY 54,285,231.53 from CNY 48,097,205.20, showing a growth of approximately 12.67%[19]. Shareholder Information - The total number of shareholders reached 23,056 by the end of the reporting period[8]. - The largest shareholder, Xu Chengdong, holds 28.83% of the shares, with a total of 64,640,000 shares[8]. Management and Expenses - Management expenses decreased by 30.40% to CNY 2,359,145.37 due to reductions in labor and travel expenses[11]. - The company experienced a decrease in management expenses to ¥962,349.59 in Q3 2016 from ¥1,058,281.45 in Q3 2015[26]. - The company reported zero operating income and expenses from non-operating activities, a significant drop from the previous year[11]. - Total operating costs for Q3 2016 were ¥1,618,014.62, a decrease of 16% from ¥1,925,153.28 in Q3 2015[22]. Strategic Developments - The company has not reported any significant new strategies or product developments during this period[10].