Linyang Energy(SH:601222)2016-10-27 16:00Financial Performance - Operating revenue for the first nine months rose by 8.71% to CNY 2,083,777,909.41 compared to the same period last year[5] - Net profit attributable to shareholders increased by 11.94% to CNY 354,024,116.56 compared to the same period last year[5] - The company reported a net profit excluding non-recurring gains and losses of CNY 332,121,715.73, an increase of 6.18% year-on-year[5] - Total operating revenue for Q3 2016 was approximately ¥651.62 million, a decrease of 12.4% compared to ¥743.99 million in Q3 2015[20] - The total profit for the first nine months of 2016 was approximately ¥412.97 million, an increase of 2.0% from ¥401.21 million in the same period of 2015[21] - The net profit for the first nine months of 2016 was ¥197,259,637.39, down 6.2% from ¥210,335,697.45 in the same period last year[24] Assets and Liabilities - Total assets increased by 64.69% to CNY 11,568,331,096.24 compared to the end of the previous year[5] - Total liabilities increased to CNY 3,416,749,700.39, up from CNY 1,935,671,530.86, representing a growth of approximately 76.5% year-over-year[14] - Current assets rose to CNY 6,869,799,775.96, compared to CNY 3,921,846,692.48 at the beginning of the year, marking an increase of about 75.1%[15] - The company's total assets reached CNY 11,568,331,096.24, up from CNY 7,024,135,081.81, reflecting a growth of approximately 64.3%[14] - The company's total equity increased to CNY 8,151,581,395.85 from CNY 5,088,463,550.95, representing a growth of about 60.5%[14] Cash Flow - Net cash flow from operating activities decreased by 328.05% to -CNY 597,356,449.75 compared to the same period last year[5] - Cash flow from operating activities for the first nine months was negative at -¥597,356,449.75, compared to -¥139,552,870.25 in the previous year[25] - The company reported a significant increase in cash inflow from sales, totaling ¥1,808,847,381.55 for the first nine months, up 45% from ¥1,245,861,685.43 in the same period last year[25] - Cash inflow from financing activities amounted to $3,204,146,883.36, compared to $1,825,448,556.73 last year, marking a 75.5% increase[29] Shareholder Information - The total number of shareholders at the end of the reporting period was not specified, but the report includes details on the top ten shareholders[7] - The number of shareholders reached 59,802, with the largest shareholder holding 40.25%[8] - The company plans to extend its share repurchase program, aiming to buy back shares worth between ¥50 million and ¥300 million within a specified price range[11] Investment and Income - Non-operating income for the first nine months totaled CNY 21,902,400.84, with government subsidies contributing CNY 25,852,818.00[6] - Investment income increased to ¥19,776,806.52, up from ¥10,675,879.50, primarily due to higher returns from financial products compared to the same period last year[10] - The company reported a decrease in sales expenses, which were ¥46,887,650.61 for the first nine months, down 13.5% from ¥54,281,251.11 in the same period last year[24] Changes in Financial Metrics - Basic earnings per share decreased by 75.00% to CNY 0.21 due to the second phase of non-public share issuance and capital reserve increase[5] - The weighted average return on equity decreased by 2.85 percentage points to 5.29%[5] - Financial expenses amounted to ¥19,142,269.45 compared to -¥7,904,499.68 in the previous year, primarily due to bank loan interest payments[9] - The company's cash and cash equivalents decreased to CNY 659,080,086.32 from CNY 845,495,736.24, a decline of approximately 22%[15]