SCMF(SZ:000731)2018-10-29 16:00Financial Performance - Operating revenue for the reporting period was CNY 769,248,250.48, representing a year-on-year increase of 27.22%[8] - Net profit attributable to shareholders of the listed company was CNY 90,322,743.54, up 79.99% year-on-year[8] - Basic earnings per share increased by 80.07% to CNY 0.1527[8] - The company reported a net profit of CNY 213,025,605.65 for the year-to-date, which is a 57.21% increase compared to the previous year[8] - The estimated cumulative net profit for the year is projected to be between CNY 236 million and CNY 276 million, representing a growth of 51.67% to 77.37% compared to the previous year[21] Asset and Shareholder Information - Total assets at the end of the reporting period were CNY 4,163,858,273.65, a decrease of 4.79% compared to the end of the previous year[8] - Net assets attributable to shareholders of the listed company increased by 6.59% to CNY 2,795,694,517.46[8] - The number of ordinary shareholders at the end of the reporting period was 55,824[11] - The largest shareholder, Chengdu Huachuan Petroleum and Natural Gas Exploration and Development Co., Ltd., held 12.18% of the shares[11] Cash Flow and Receivables - Cash flow from operating activities for the year-to-date was CNY 391,729,754.94, an increase of 46.33%[8] - Net cash flow from operating activities increased by CNY 124 million, up 46%, mainly due to increased cash receipts from sales and higher product prices[16] - Accounts receivable decreased by CNY 139 million, down 83%, mainly due to the use of acceptance bills for raw material payments and bill collections[16] - Other receivables increased by CNY 4.89 million, up 61%, mainly due to an increase in deposits[16] Expenses and Liabilities - Short-term borrowings decreased by CNY 271 million, down 47%, as the company reduced its loan scale and repaid part of the bank's short-term loans[16] - The company’s tax and additional charges increased by CNY 5.38 million, up 31%, mainly due to rising sales prices leading to higher VAT payable[16] Profitability and Investment - Operating profit increased by CNY 99.55 million, up 76%, driven by higher sales prices of key products such as urea and compound fertilizers[16] - Investment income increased by CNY 12.15 million, up 136%, due to higher profits from joint ventures and associates[16] - The weighted average return on net assets was 3.33%, an increase of 1.98 percentage points compared to the same period last year[8] - The company’s interest income increased by CNY 2.84 million, up 84%, attributed to improved cash flow[16] Prepayments - Prepayments increased by CNY 89.6 million, up 184%, primarily due to prepayments for gas and raw materials[16]