Baosight(SH:600845)2016-10-24 16:00Financial Performance - Net profit attributable to shareholders increased by 12.91% to CNY 256,371,659.12 year-to-date[6] - Operating revenue decreased by 6.48% to CNY 2,561,615,324.71 year-to-date[6] - Basic earnings per share rose by 4.81% to CNY 0.327 per share[6] - The weighted average return on equity decreased by 2.26 percentage points to 6.41%[6] - The company reported a net profit margin decline, with net profit for the year-to-date period at CNY 260,488,347.50, down from CNY 195,000,000.00 in the previous year[27] - The net profit for Q3 2016 was CNY 64,382,679.62, a decrease from CNY 69,428,215.64 in Q3 2015, representing a decline of approximately 1.5% year-over-year[33] - The net profit attributable to shareholders for Q3 2016 was ¥63,387,412.88, a decrease of 13.5% compared to ¥72,799,521.98 in Q3 2015[29] - The total profit for Q3 2016 was ¥80,291,655.31, down 6.8% from ¥86,170,008.25 in Q3 2015[29] Assets and Liabilities - Total assets increased by 4.03% to CNY 6,633,887,786.40 compared to the end of the previous year[6] - Total liabilities reached CNY 2,499,191,188.85, compared to CNY 2,403,166,462.54 at the start of the year, reflecting a rise of 4%[21] - Owner's equity totaled CNY 4,134,696,597.55, up from CNY 3,973,854,750.55 at the beginning of the year, indicating an increase of 4%[21] - The total current assets amounted to ¥4,984,578,962.71, down from ¥5,097,577,135.36, showing a decrease of about 2.2%[19] - Non-current assets totaled CNY 1,736,568,164.91, an increase from CNY 1,360,525,661.90 at the beginning of the year[24] Cash Flow - Net cash flow from operating activities increased by 35.03% to CNY 623,735,267.51 year-to-date[6] - Cash and cash equivalents were CNY 1,660,005,541.68, an increase from CNY 1,554,298,112.70 at the beginning of the year[23] - The cash flow from operating activities for the first nine months of 2016 was CNY 623,735,267.51, an increase from CNY 461,916,103.71 in the previous year, reflecting a growth of approximately 35%[36] - The company reported a net cash outflow from investing activities of CNY -385,190,077.39 for the first nine months of 2016, compared to CNY -193,837,439.71 in the previous year, indicating increased investment activities[37] - The company's cash flow from financing activities showed a net outflow of CNY -161,470,799.50 for the first nine months of 2016, compared to CNY -104,834,096.78 in the previous year, indicating increased financing costs[37] Shareholder Information - The total number of shareholders reached 38,019[8] - The largest shareholder, Baoshan Iron & Steel Co., Ltd., holds 55.50% of the shares[8] Inventory and Receivables - Accounts receivable decreased by 32.16% to ¥251.62 million due to the maturity of notes receivable[11] - Inventory levels decreased to ¥740,649,125.91 from ¥819,357,307.60, representing a decline of approximately 9.6%[19] - Other receivables rose by 45.44% to ¥91.50 million, mainly due to an increase in bid and performance guarantees[11] Investments and Capital - The company’s total equity increased by 100% to ¥783.25 million due to capital reserves being converted into share capital[11] - Long-term equity investments decreased to ¥51,060,901.79 from ¥61,932,536.84, reflecting a decline of approximately 17.5%[19] Operational Metrics - Total revenue for Q3 2016 was CNY 844,639,829.34, a decrease of 24.8% compared to CNY 1,123,102,258.15 in Q3 2015[27] - Total operating costs for Q3 2016 were CNY 774,105,792.86, down 26.3% from CNY 1,051,694,824.53 in Q3 2015[27] - The company's management expenses for Q3 2016 were ¥123,837,679.45, a decrease of 15.1% from ¥145,883,082.41 in Q3 2015[32]