CHALCO(SH:601600)2016-10-20 16:00Financial Performance - Net profit attributable to shareholders decreased by 5.30% to CNY 37,744 million from CNY 39,854 million at the end of the previous year[5]. - Revenue for the period was CNY 91,372 million, down 4.32% from CNY 95,498 million year-on-year[5]. - The company reported a basic earnings per share of CNY 0.002, recovering from a loss of CNY 0.065 in the same period last year[5]. - Total operating revenue for the third quarter reached CNY 41,641,099, a significant increase from CNY 29,340,830 in the same period last year, representing an increase of 42%[23]. - Operating profit for the third quarter was CNY 87,045, a recovery from a loss of CNY 1,693,507 in the previous year[23]. - Net profit for the third quarter was CNY 153,189, compared to a net loss of CNY 943,434 in the same period last year, marking a turnaround[23]. - The total profit for the first nine months was CNY 800,181, a significant improvement from a loss of CNY 1,029,578 in the same period last year[23]. - Investment income for the third quarter was CNY 23,874, a recovery from a loss of CNY 199,823 in the previous year[23]. - The company recorded a total comprehensive income of CNY 144,347 in the third quarter, compared to a loss of CNY 668,342 in the same period last year[24]. - Earnings per share for the third quarter were CNY 0.002, recovering from a loss of CNY 0.065 in the previous year[24]. Cash Flow and Liquidity - Operating cash flow for the period increased significantly by 139.61% to CNY 7,399 million compared to CNY 3,088 million in the same period last year[5]. - Cash flow from operating activities for the first nine months was CNY 7,398,773, up from CNY 3,087,892 in the previous year[30]. - The company reported a decrease in total operating costs to CNY 41,585,566 in the third quarter from CNY 30,768,958 in the same period last year[23]. - The net cash flow from operating activities was ¥344,380, a significant decrease from ¥6,065,611 in the same period last year[34]. - The total cash inflow from operating activities was significantly impacted by a decrease in sales revenue, which was ¥12,622,814 compared to ¥24,092,538 in the previous year[34]. - The company reported a cash balance of ¥14,073,770 at the end of the period, up from ¥7,451,863 in the previous year[35]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 191,079 million, a slight increase of 0.11% compared to the previous year-end[5]. - Total liabilities reached 140,903,573 thousand RMB, compared to 139,164,724 thousand RMB at the beginning of the year[17]. - Total equity attributable to shareholders of the parent company decreased to 37,743,735 thousand RMB from 39,854,007 thousand RMB at the beginning of the year[17]. - Accounts receivable increased by 31%, primarily due to outstanding payments for aluminum products not yet due[12]. - The company experienced a 43% increase in notes receivable, attributed to an increase in the use of notes in sales transactions[12]. - The company’s liquidity available-for-sale financial assets decreased by 99%, mainly due to the maturity of financial products[12]. - Available-for-sale financial assets increased by 48%, primarily due to the reclassification of the equity stake in Jiaozuo Wanfang from long-term equity investment to available-for-sale financial assets[14]. Tax and Other Liabilities - Tax payable increased by 51%, driven by the rise in gross profit of the company's main products, leading to higher turnover tax liabilities[14]. - Other current liabilities increased by 121%, primarily due to the issuance of short-term financing bonds by the company[14]. - Income tax expenses increased by 215%, primarily due to profit growth in the electrolytic aluminum segment[14]. Strategic Outlook - The company expects cumulative net profit for the year to potentially show significant changes compared to the previous year[13]. - The company plans to continue focusing on market expansion and new product development to drive future growth[23].