XIIC(SZ:000159)2015-10-27 16:00Financial Performance - Operating revenue for the reporting period was CNY 71,609,710.65, representing a decline of 86.29% compared to the same period last year[7]. - Net profit attributable to shareholders of the listed company was a loss of CNY 91,921,355.31, a decrease of 258.96% year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 14,869,455.36, down 232.30% compared to the same period last year[7]. - The basic earnings per share were -CNY 0.1910, a decrease of 258.90% year-on-year[7]. - The weighted average return on net assets was -4.27%, compared to -7.02% in the previous year[7]. - The net cash flow from operating activities for the year-to-date was -CNY 158,402,426.76, a decline of 237.82%[7]. - Net profit for the first three quarters of 2015 was -37.52 million, a decline of 154.66% compared to a profit of 68.65 million in the same period of 2014[15]. Assets and Shareholder Information - Total assets at the end of the reporting period were CNY 2,895,140,158.30, a decrease of 2.46% compared to the end of the previous year[7]. - Net assets attributable to shareholders of the listed company were CNY 2,090,133,536.86, down 3.47% year-on-year[7]. - The total number of ordinary shareholders at the end of the reporting period was 68,113[11]. - The largest shareholder, Qiantai Zhongsheng Equity Investment Co., Ltd., held 29.64% of the shares, totaling 142,605,016 shares[11]. Revenue and Costs - Total operating revenue for the first three quarters of 2015 was 378.99 million, a decrease of 60.99% compared to 971.52 million in the same period of 2014[15]. - Operating costs for the same period were 330.15 million, down 61.05% from 847.60 million year-on-year, primarily due to reduced sales[15]. - The company reported an increase in investment income of 87.84 million, up 85.98% from 47.23 million year-on-year, mainly due to gains from the sale of securities[15]. Investments and Projects - The company plans to repurchase shares at a price not exceeding 7 yuan per share, with the repurchase deadline set for December 31, 2015[16]. - The company is advancing the construction of a biodiesel project, which has entered the commissioning phase, with initial production meeting most regulatory standards[17]. - The oil refining project in Kyrgyzstan is nearing completion, with storage tanks ready and testing completed, although some installations are still ongoing[18]. - The company reported a total investment in Beijing Bank of CNY 235.73 million, with a year-end holding of 42.42 million shares, representing 0.33% of total shares[22]. - The investment in China Coal Energy was CNY 129.22 million, with no shares held at the end of the reporting period, indicating a 0.00% holding[22]. - The total value of securities held at the end of the reporting period was CNY 365.25 million, with a loss of CNY 12.30 million during the reporting period[22]. Financial Management and Compliance - The company’s prepayments increased by 62.56% to 186.45 million, primarily due to increased advance payments for purchases by subsidiaries[15]. - Other receivables decreased by 94.80% to 2.45 million, mainly due to the recovery of receivables and impairment provisions[15]. - The company’s cash flow from investment activities increased by 232.47% to 140.44 million, primarily due to cash recovered from the sale of securities[15]. - The company did not hold any other listed company shares during the reporting period[24]. - There were no derivative investments during the reporting period[25]. - The company had no violations regarding external guarantees during the reporting period[27]. - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[28]. Operational Insights - The company conducted an on-site research meeting on July 22, 2015, discussing its basic operations and production status[26]. - The company has issued a warning regarding potential significant changes in cumulative net profit for the year, although specifics were not provided[23]. - The company did not provide any forecasts for the next reporting period's cumulative net profit[23].