BNMC(SH:601011)2015-10-21 16:00Financial Performance - Operating revenue decreased by 15.86% to CNY 1,158,960,580.61 for the first nine months compared to the same period last year[8] - Net profit attributable to shareholders increased by 66.55% to CNY 90,630,724.54 for the first nine months compared to the same period last year[8] - Basic earnings per share increased by 16.67% to CNY 0.07 per share compared to the same period last year[8] - Revenue decreased by 15.86% year-on-year, primarily due to a decline in product prices[17] - Net profit attributable to the parent company increased by 66.55%, mainly due to the inclusion of Shuangyashan Longmei Tiantai Coal Chemical Co., Ltd. in the consolidated financial statements[17] - The company's operating revenue for Q3 2015 was approximately ¥338.64 million, a decrease of 10.3% compared to ¥377.58 million in Q3 2014[35] - The net profit attributable to the parent company for Q3 2015 was approximately ¥5.93 million, down from ¥19.93 million in the same period last year, representing a decline of 70.3%[35] - The total comprehensive income for Q3 2015 was approximately ¥5.06 million, compared to ¥18.65 million in Q3 2014, reflecting a decrease of 72.9%[35] - The company's operating profit for the first nine months of 2015 was approximately ¥115.37 thousand, a significant recovery from a loss of ¥26.24 million in the same period last year[35] Cash Flow - Net cash flow from operating activities decreased by 92.54% to CNY 10,011,815.07 for the first nine months compared to the same period last year[8] - Cash flow from operating activities decreased by 92.54%, primarily due to reduced sales revenue leading to lower cash collections[18] - The net cash flow from operating activities for the first nine months of 2015 was approximately ¥10.01 million, a decrease of 92.6% compared to ¥134.24 million in the same period last year[39] - Operating cash flow for the first nine months of 2015 was negative at -42,914,613.51, compared to a positive cash flow of 42,101,322.52 in the same period last year[43] - Total cash inflow from operating activities was 1,007,472,984.71, down from 1,117,763,583.05 in the previous year[43] Assets and Liabilities - Total assets increased by 39.01% to CNY 7,877,780,812.74 compared to the end of the previous year[8] - Net assets attributable to shareholders increased by 46.70% to CNY 4,249,141,117.55 compared to the end of the previous year[8] - Total liabilities amounted to CNY 2,892,336,910.86, compared to CNY 2,681,946,326.47 at the beginning of the year, marking an increase of approximately 7.9%[26] - The company’s short-term borrowings increased by 27.52% due to additional bank loans[16] - The company’s total non-current assets increased to CNY 6,059,143,118.32 from CNY 4,082,029,346.79, indicating a growth of approximately 48.5%[25] - The company’s long-term investments decreased significantly from CNY 501,939,042.30 to CNY 31,934,511.76, a decline of approximately 93.7%[24] Shareholder Information - The total number of shareholders reached 27,234 at the end of the reporting period[12] - The largest shareholder, Heilongjiang Baotailong Coal Chemical Group Co., Ltd., holds 36.36% of the shares[12] Investments and Subsidiaries - The company plans to invest RMB 100 million to establish a wholly-owned subsidiary, Qitaihe Baotailong Graphene New Materials Co., Ltd., to advance a 100 tons/year graphene production project[19] - The company recognized government subsidies of CNY 14,629,550.31 during the reporting period[8] - Financial assets measured at fair value increased by RMB 50 million, primarily due to the purchase of wealth management products[15] - Prepaid accounts increased by 245.40%, mainly due to increased advance payments to the newly consolidated subsidiary, Shuangyashan Longmei Tiantai Coal Chemical Co., Ltd.[15] Inventory and Receivables - Accounts receivable increased by 35.05% compared to the beginning of the year, attributed to extended payment terms for customers due to a sluggish coke market[15] - The company's inventory decreased to CNY 757,691,958.17 from CNY 825,708,518.68, showing a decline of about 8.2%[24] - Inventory decreased to CNY 687,724,123.16 from CNY 734,921,898.02, a decline of about 6.4%[28]