SGC(SH:601139)2016-10-21 16:00Financial Performance - Net profit attributable to shareholders rose by 45.79% to CNY 748,474,635.39, driven by increased natural gas sales and improved performance in LPG business[8] - Operating revenue for the period was CNY 6,032,860,272.47, a growth of 4.52% year-on-year[8] - Basic earnings per share rose by 36.00% to CNY 0.34[8] - The weighted average return on net assets increased by 2.1 percentage points to 10.07%[8] - Total revenue for Q3 2016 was CNY 1,848,667,594.54, a decrease of 3.14% compared to CNY 1,908,080,815.14 in Q3 2015[31] - Year-to-date revenue reached CNY 6,032,860,272.47, an increase of 4.53% from CNY 5,771,814,308.31 in the same period last year[31] - Net profit for Q3 2016 reached CNY 211.44 million, representing a 106.8% increase from CNY 102.19 million in Q3 2015[33] - Total profit for Q3 2016 was CNY 282.97 million, an increase of 67.0% compared to CNY 169.40 million in Q3 2015[33] - Net profit for the first nine months of 2016 reached CNY 634,385,346.61, representing a year-on-year increase of 18.1% from CNY 537,332,508.75[38] - Total profit for the first nine months of 2016 was CNY 803,607,042.66, an increase of 22.9% compared to CNY 653,331,871.29 in the same period last year[38] Asset and Liability Management - Total assets increased by 7.60% to CNY 16,428,272,675.93 compared to the end of the previous year[7] - The company’s net assets attributable to shareholders increased by 9.67% to CNY 7,817,476,728.23[7] - Total liabilities rose to CNY 8,234,246,915.12, compared to CNY 7,817,530,018.91, marking an increase of 5.30%[25] - Current liabilities totaled CNY 6,547,130,966.89, down 7.99% from CNY 7,117,304,028.56[25] - Non-current liabilities increased significantly to CNY 1,687,115,948.23 from CNY 700,225,990.35, a rise of 141.41%[25] - Owner's equity reached CNY 8,194,025,760.81, up from CNY 7,450,577,330.85, reflecting an increase of 9.95%[25] Cash Flow and Investment - Cash flow from operating activities increased by 70.59% to CNY 1,233,809,629.97[7] - Cash received from investment increased by 218.81% to ¥175,405,408.10, mainly from restricted stock contributions[17] - Cash flow from operating activities for the first nine months of 2016 was CNY 6,781,378,771.27, an increase from CNY 6,472,926,019.84 in the same period last year[41] - Net cash flow from operating activities for the first nine months of 2016 was CNY 715,230,996.83, compared to CNY 109,705,438.21 in the same period last year, representing a significant increase[45] - Cash outflow from investing activities totaled CNY 1,367,758,700.87 in Q3 2016, compared to CNY 659,401,588.77 in Q3 2015, indicating increased investment activity[46] - The net cash flow from investing activities for the first nine months of 2016 was -CNY 1,245,932,726.84, compared to -CNY 497,648,909.12 in the same period last year, reflecting increased capital expenditures[46] Sales and Revenue Growth - Natural gas sales volume increased by 17.70% to 1.31 billion cubic meters, with power plant sales up by 38.40%[12] - LPG wholesale sales revenue grew by 17.67% to CNY 105,135,000[12] - Operating income from non-operating activities increased by 87.36% to ¥28,702,089.32, primarily from government subsidies[15] Shareholder Information - The number of shareholders reached 24,193 by the end of the reporting period[9] Cost Management - Operating tax and additional charges decreased by 33.73% to ¥26,949,052.67 due to the implementation of tax reforms[15] - Total operating costs for Q3 2016 were approximately CNY 1.59 billion, down 10.0% from CNY 1.76 billion in Q3 2015[32] - The company's management expenses for the first nine months of 2016 were CNY 76,084,549.68, down from CNY 80,571,063.10 in the same period last year[37] Future Outlook - Future outlook includes continued focus on operational efficiency and potential market expansion strategies[32]