Western Region Gold (SH:601069)2015-10-26 16:00Financial Performance - Operating income for the first nine months rose by 15.51% to CNY 724,951,673.28 compared to the same period last year[6]. - Net profit attributable to shareholders increased by 28.68% to CNY 53,133,440.10 compared to the same period last year[7]. - Basic earnings per share rose by 2.98% to CNY 0.0969 compared to the same period last year[7]. - Total operating revenue for the first nine months of 2015 reached CNY 724,951,673.28, an increase from CNY 627,611,186.50 in the same period last year, representing a growth of approximately 15.5%[34]. - Net profit attributable to the parent company for the first nine months of 2015 was CNY 60,287,006.80, up from CNY 48,010,095.67 in the same period last year, reflecting a growth of approximately 25.5%[35]. - The company reported a net profit of CNY 46,516,514.62 for Q3 2015, a significant recovery from a net loss of CNY 23,022,641.52 in Q3 2014[35]. - The company reported a total revenue from sales of goods and services of CNY 712,227,994.72 for the first nine months of 2015, an increase from CNY 619,806,931.59 in the same period last year[42]. Assets and Liabilities - Total assets increased by 10.30% to CNY 2,555,820,651.71 compared to the end of the previous year[6]. - Total liabilities decreased to CNY 968,059,841.02 from CNY 1,180,472,304.50, a reduction of about 18%[27]. - Shareholders' equity increased to CNY 1,587,760,810.69 from CNY 1,136,731,005.36, marking an increase of approximately 39.6%[28]. - Current assets rose to CNY 706,976,166.54, up from CNY 500,707,329.18, indicating a growth of about 41.1%[26]. - Cash and cash equivalents increased to ¥316,407,551.53, a 69.91% increase from the beginning of the year due to funds raised from the IPO[14]. - Accounts receivable decreased to ¥2,036,304.60, representing an 81.23% decline attributed to reduced bill settlement activities[14]. - Inventory increased significantly to CNY 325,283,712.27 from CNY 264,513,391.81, reflecting a rise of approximately 22.9%[26]. Shareholder Information - The total number of shareholders reached 52,090 by the end of the reporting period[11]. - The largest shareholder, Xinjiang Nonferrous Metals Industry Group, holds 68.18% of the shares[11]. - The top ten unrestricted shareholders held a total of 5,000,000 shares, with the largest shareholder holding 1,499,806 shares[12]. Cash Flow - Net cash flow from operating activities surged by 112.90% to CNY 73,191,212.07 compared to the same period last year[6]. - Cash inflow from operating activities totaled $1.05 billion, compared to $486.71 million in the previous year, indicating a year-over-year increase of approximately 116%[46]. - The net cash flow from financing activities was $402.04 million, a turnaround from a net outflow of $1.33 million in the previous year, showcasing improved financing strategies[47]. - The company incurred a total investment cash outflow of CNY 154,247,036.48 in the first nine months of 2015, compared to CNY 201,472,385.01 in the previous year[43]. Government and Regulatory Commitments - The company received government subsidies amounting to CNY 1,668,867.26 during the reporting period[8]. - The company commits to distributing at least 30% of the annual distributable profits in cash for the year of listing and the following two years, with a cumulative cash distribution of no less than 30% of the average annual distributable profits over three years[22]. - The company will compensate investors for losses incurred due to false statements or omissions in the IPO prospectus, with compensation amounts determined through negotiation or regulatory authority decisions[21]. - The company will actively accept supervision from society and investors regarding its commitments made during the IPO process[21]. Future Plans and Strategies - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[34]. - If the stock price falls below the audited net asset value per share for 20 consecutive trading days, the company will implement stock price stabilization measures, including a share buyback plan[19].