NCPC(SH:600812)2017-10-20 16:00Financial Performance - Operating revenue decreased by 4.66% to CNY 5.70 billion for the first nine months compared to the same period last year[7]. - Net profit attributable to shareholders decreased by 66.47% to CNY 21.71 million for the first nine months compared to the same period last year[7]. - Basic and diluted earnings per share decreased by 67.50% to CNY 0.013[8]. - Total revenue for Q3 2017 was CNY 1,694,958,574.30, a decrease of 16.0% compared to CNY 2,017,662,336.87 in Q3 2016[25]. - Year-to-date revenue for 2017 reached CNY 5,698,274,107.14, down 4.7% from CNY 5,976,724,189.46 in the same period of 2016[25]. - Net profit for Q3 2017 was CNY -9.68 million, representing a significant decline compared to a net profit of CNY 34.50 million in the same period last year[27]. - The company reported a total comprehensive income for Q3 2017 of CNY -11.22 million, a decrease from CNY 34.87 million in the previous quarter[29]. - The company reported a total comprehensive income of ¥39,942,811.90 for Q3 2017, down 71.8% from ¥142,028,427.76 in the same period last year[33]. Assets and Liabilities - Total assets increased by 5.24% to CNY 17.34 billion compared to the end of the previous year[7]. - Total liabilities rose to CNY 12,053,579,260.66, up from CNY 11,184,974,852.19, indicating an increase of 7.8%[20]. - Current liabilities totaled CNY 9,444,889,677.19, compared to CNY 9,106,781,229.00, marking a rise of 3.7%[20]. - Non-current liabilities amounted to CNY 2,608,689,583.47, an increase from CNY 2,078,193,623.19, representing a growth of 25.5%[20]. - Cash and cash equivalents were CNY 657,268,956.93, up from CNY 610,232,254.40, showing an increase of 7.7%[21]. - Accounts receivable decreased by 33.91% to ¥162,392,942.75 from ¥245,715,246.13 due to changes in bank acceptance bills received and endorsed[13]. - Accounts receivable increased to CNY 1,766,289,690.74 from CNY 1,567,026,611.55, reflecting a growth of 12.7%[21]. - Inventory rose to CNY 385,795,369.14, compared to CNY 305,346,280.48, indicating an increase of 26.3%[22]. Cash Flow - The net cash flow from operating activities improved significantly to CNY 81.95 million, compared to a negative cash flow of CNY 396.39 million in the same period last year[7]. - Cash inflow from operating activities for the first nine months of 2017 was ¥4,635,600,992.75, a decrease of 3.1% from ¥4,785,040,954.15 in the previous year[36]. - The total cash outflow from operating activities was ¥3,028,809,842.14, compared to ¥4,097,550,548.94 in the previous year, indicating a reduction in cash outflow[40]. - The company experienced a net cash decrease of ¥4,649,497.05 in the third quarter, compared to a decrease of ¥200,928,928.11 in the same quarter last year[37]. Shareholder Information - The total number of shareholders reached 85,045 by the end of the reporting period[11]. - The largest shareholder, Jizhong Energy Group, holds 21.60% of the shares, with 352.23 million shares pledged[11]. Expenses and Provisions - The company reported a provision for expected liabilities of CNY 40.32 million due to litigation related to factoring business[8]. - Sales expenses rose by 42.56% to ¥840,718,914.27 from ¥589,722,820.89 due to adjustments in the sales business model[14]. - Financial expenses for the first nine months of 2017 were ¥178,107,655.26, an increase of 25.8% compared to ¥141,548,691.16 in the previous year[31]. Investments - Long-term equity investments rose by 54.81% to ¥642,646,792.05 from ¥415,121,351.86 due to a capital increase of ¥200 million in a financial company[13]. - Cash paid for investments increased by 292.76% to ¥200,000,000.00 from ¥50,922,300.00 due to the capital increase in the financial company[14]. - The company reported a total cash outflow from investing activities of ¥1,541,740,314.44, slightly down from ¥1,550,626,892.91 in the previous year[40]. Government Support - The company received government subsidies amounting to CNY 16.39 million for the year-to-date[10].