DTCIC(SH:601001)2016-10-30 16:00Financial Performance - Net profit attributable to shareholders reached CNY 257.75 million, a 122.62% increase from a net loss of CNY 1.14 billion in the same period last year[6]. - Operating revenue for the first nine months was CNY 4.64 billion, down 18.52% from CNY 5.69 billion year-on-year[6]. - The company reported a basic earnings per share of CNY 0.15, a 122.06% increase from a loss of CNY 0.68 per share in the previous year[7]. - The net profit after deducting non-recurring gains and losses was CNY -468.01 million, an improvement of 59.19% from the previous year's loss of CNY 1.15 billion[6]. - The company expects a significant increase in net profit for the year due to non-recurring gains from the sale of the Yanzishan mine[20]. - The company reported a net loss of CNY 947,971,967.46 for the period, an improvement from a loss of CNY 1,116,522,277.32 in the previous year[29]. - The net profit for Q3 2016 was a loss of approximately $63.65 million, compared to a loss of $388 million in Q3 2015, indicating an improvement in financial performance[33]. - The company’s total comprehensive income loss of approximately $63.65 million for Q3 2016, compared to a loss of $388 million in the same quarter of the previous year[35]. Cash Flow and Liquidity - Net cash flow from operating activities improved significantly to CNY 595.79 million, a 141.32% increase from a negative cash flow of CNY 1.44 billion in the same period last year[6]. - The company’s cash received related to operating activities decreased by 56.12% to RMB 175,495,886.07, reflecting lower safety deposits and project guarantees received[14]. - Cash inflow from financing activities for the first nine months of 2016 was 1,367,550,000.00 RMB, significantly lower than 4,775,150,000.00 RMB in the same period last year[45]. - The net cash flow from operating activities for the first nine months of 2016 was 370,306,439.12 RMB, a recovery from the negative cash flow of -1,650,646,463.05 RMB in the previous year[44]. - The total cash inflow from operating activities of 1,602,260,686.78 RMB for the first nine months of 2016, compared to 1,312,324,959.71 RMB in the same period last year[44]. - The net cash flow from financing activities was -340,386,008.17 RMB, a decrease from the positive cash flow of 3,992,916,141.94 RMB in the previous year[41]. Assets and Liabilities - Total assets increased by 1.54% to CNY 26.85 billion compared to the end of the previous year[6]. - The company’s total current assets increased to ¥11,715,258,313.09 from ¥10,231,145,383.59[23]. - Current liabilities totaled CNY 7,673,387,059.29, an increase of 4.7% from CNY 7,329,235,040.17 at the start of the year[25]. - Non-current liabilities decreased to CNY 9,149,550,303.15 from CNY 9,436,742,301.07, a reduction of 3.1%[25]. - The company’s total liabilities decreased from $5.69 billion in Q3 2015 to $4.93 billion in Q3 2016, a decline of approximately 13.4%[32]. Operational Metrics - The company produced 15.97 million tons of raw coal and sold 13.36 million tons, generating sales revenue of CNY 433.18 million[10]. - The company reported a significant increase in operating income from non-operating activities, reaching RMB 725,688,559.16, a 3,844.14% increase compared to the previous year[14]. - Total revenue for Q3 2016 was CNY 1,927,982,610.97, an increase of 9.6% compared to CNY 1,758,427,344.32 in Q3 2015[31]. - The total operating income for the first nine months of 2016 was approximately $4.63 billion, compared to $5.69 billion in the same period of 2015, a decline of about 18.6%[32]. Shareholder Information - The number of shareholders reached 101,775, with the largest shareholder holding 57.46% of the shares[11]. - The company has pledged 200 million shares held by the largest shareholder, indicating potential liquidity concerns[11]. Expenses and Costs - Financial expenses rose by 86.67% to RMB 399,099,716.37, primarily due to increased interest expenses[14]. - Employee compensation decreased by 60.11% to ¥630,894,417.02 from ¥1,581,546,367.00[15]. - Tax payments reduced by 33.36% to ¥752,629,439.24 from ¥1,129,477,123.47 due to the sale of subsidiaries[15]. - Cash paid for investments dropped by 77.95% to ¥146,263,700.00 from ¥663,433,500.00[15]. - Sales expenses for the first nine months of 2016 were ¥142,727,595.07, down from ¥660,334,001.37 in the same period of 2015, a reduction of about 78.4%[37].