2016-10-25 16:00Financial Performance - Operating revenue decreased by 6.38% to CNY 57.29 billion for the period from January to September[7] - Net profit attributable to shareholders decreased by 36.77% to CNY 1.06 billion compared to the same period last year[8] - Basic earnings per share decreased by 15.38% to CNY 0.066[8] - Cash flow from operating activities decreased by 1.65% to CNY 5.31 billion for the period from January to September[7] - Total operating revenue for the third quarter was ¥18,401,440,306, a decrease of 17.5% compared to ¥22,365,431,889 in the same period last year[46] - Total operating costs amounted to ¥17,472,070,080, down 20.9% from ¥22,097,170,841 year-over-year[46] - Net profit for the quarter reached ¥875,351,267, compared to ¥268,770,458 in the previous year, representing a significant increase of 226.5%[47] - The total profit for the period was ¥1,043,529,282, an increase of 138.4% from ¥439,316,965 in the same quarter last year[47] - Basic earnings per share for the quarter were ¥0.041, up from ¥0.016 in the same period last year, reflecting a growth of 156.3%[48] - The company reported a significant decline in investment income, with a loss of CNY 856,537,500 for the first nine months compared to a profit of CNY 545,875,778 in the previous year[50] Assets and Liabilities - Total assets increased by 3.66% to CNY 86.99 billion compared to the end of the previous year[7] - Non-current liabilities rose to ¥25,436,111,990 from ¥20,459,389,980, marking an increase of about 24.3%[40] - Current liabilities decreased slightly to ¥31,144,124,104 from ¥31,526,388,423, a reduction of approximately 1.2%[39] - Total equity decreased to ¥30,407,702,874 from ¥31,928,255,252, a drop of approximately 4.8%[40] - The total liabilities increased to ¥56,580,236,094 from ¥51,985,778,403, reflecting a growth of about 8.2%[40] - The company’s total non-current assets increased to ¥34,480,720,406 from ¥28,435,582,477, an increase of about 21.3%[43] Cash Flow - Cash flow from operating activities for the first nine months was CNY 5,309,439,603, slightly down from CNY 5,398,246,005 in the same period last year[54] - Net cash flow from financing activities decreased by 76.75% to ¥458,892,689 from ¥1,973,933,269 in the same period last year, due to reduced gold leasing and increased loan repayments[29][30] - Cash inflow from financing activities was 19,917,229,916, more than double the previous year's inflow of 9,388,612,704, marking an increase of about 112%[59] - Cash outflow for purchasing goods and services was 1,162,109,946, down from 12,781,497,585, indicating a decrease of approximately 91%[58] - The company paid 10,981,833,316 in debt repayments, which is more than double the previous year's payment of 4,563,067,505, reflecting an increase of approximately 141.9%[59] Shareholder Information - The total number of shareholders reached 959,084 by the end of the reporting period[12] - The largest shareholder, Hong Kong Central Clearing Limited, holds 26.70% of the shares[12] Investment and Financing Activities - The company plans to raise up to ¥4.8 billion through a non-public offering of A-shares, with a minimum issue price of ¥3.03 per share[31] - The company approved the issuance of perpetual corporate bonds with a maximum scale of ¥5 billion, with a term of 5+N years[32] - The company issued a total of ¥3 billion in short-term financing bonds in August 2016, with interest rates of 2.78% and 2.87% for different tranches[33] Other Financial Metrics - The weighted average return on net assets decreased by 0.75 percentage points to 5.21%[8] - Government subsidies recognized in the current period amounted to CNY 42.90 million[9] - Financial expenses rose by 1.29% year-on-year to 712.46 million yuan, primarily due to increased financing scale[21] - Asset impairment losses decreased by 43.79% to ¥59,759,874 compared to ¥106,319,963 in the same period last year[25] - Fair value changes in profit and loss increased by 382.71% to ¥562,548,822 from ¥116,540,009 year-on-year[25] - Income tax expenses decreased by 68.78% to ¥208,301,363 from ¥667,219,519 year-on-year, attributed to a significant reduction in taxable income[25]