xinsteel(SH:600782)2015-10-30 16:00Financial Performance - Operating revenue for the period was CNY 1,807,940.87 million, down 32.28% year-on-year[7]. - Net profit attributable to shareholders of the listed company was CNY -29,692.20 million, compared to CNY 11,329.59 million in the same period last year[7]. - The basic earnings per share were CNY -0.18, compared to CNY 0.10 in the same period last year[7]. - The weighted average return on equity was -3.09%, down from 1.76% in the previous year[7]. - Total revenue for Q3 2015 was approximately ¥5.79 billion, a decrease of 44.5% compared to ¥10.37 billion in Q3 2014[31]. - The net loss attributable to the parent company for Q3 2015 was approximately ¥110.44 million, compared to a profit of ¥162.16 million in Q3 2014[32]. - The total comprehensive income attributable to the parent company for the first nine months of 2015 was a loss of ¥275,649,975.45, compared to a profit of ¥57,930,483.40 in the same period last year[37]. - The company's operating revenue for Q3 2015 was ¥5,269,423,396.02, a decrease of 27.3% compared to ¥7,250,705,185.32 in the same period last year[36]. Cash Flow - The net cash flow from operating activities was CNY -9,463.97 million, compared to CNY 56,709.48 million in the same period last year[6]. - Cash inflow from operating activities for the first nine months was CNY 11,472,675,876.89, a decrease from CNY 14,126,895,236.85 in the previous year, representing a decline of approximately 19%[40]. - Net cash flow from operating activities was negative CNY 94,639,722.33, compared to a positive CNY 567,094,825.47 in the same period last year[40]. - Cash outflow from investing activities totaled CNY 1,855,371,822.86, significantly higher than CNY 217,036,085.08 in the previous year, indicating increased investment activity[41]. - Cash inflow from financing activities was CNY 8,617,939,273.76, up from CNY 7,503,032,347.71 year-over-year, reflecting stronger financing efforts[41]. - The ending cash and cash equivalents balance was CNY 2,764,735,827.30, compared to CNY 2,170,723,557.82 at the end of the previous year, showing an increase of approximately 27%[41]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,044,659.15 million, a decrease of 0.16% compared to the end of the previous year[6]. - The total number of shareholders at the end of the reporting period was 33,965[10]. - The largest shareholder, Xinyu Steel Group Co., Ltd., held 75.96% of the shares[10]. - The net assets attributable to shareholders of the listed company decreased by 3.01% to CNY 779,664.71 million[6]. - Total liabilities increased to CNY 22.15 billion, compared to CNY 21.95 billion at the beginning of the year, reflecting a rise of 1.0%[25]. - The company's equity attributable to shareholders decreased to CNY 7.80 billion, down from CNY 8.04 billion at the beginning of the year, a decline of 3.0%[25]. - Current liabilities totaled approximately ¥17.32 billion, an increase of 7.2% from ¥16.16 billion in Q2 2015[28]. Inventory and Receivables - As of September 30, 2015, accounts receivable decreased by 59.86% to ¥890,003,822.60 from ¥2,217,326,401.69[12]. - Prepayments increased by 101.99% to ¥371,675,037.52 from ¥184,007,954.87[12]. - Inventory decreased by 27.47% to ¥2,557,559,834.87 from ¥3,526,397,927.78[12]. - The company reported a significant increase in inventory, totaling approximately ¥2.16 billion, compared to ¥2.91 billion in Q2 2015[28]. Strategic Focus - The company has committed to enhancing shareholder returns and improving corporate governance practices[20]. - The company plans to focus on market expansion and new product development to improve future performance[31].