常铝股份(002160) - 2017 Q3 - 季度财报

Financial Performance - Operating revenue for the period reached CNY 1,006,606,603.37, a 34.13% increase year-on-year[8] - Net profit attributable to shareholders rose by 41.92% to CNY 45,856,396.34 for the period[8] - The net profit after deducting non-recurring gains and losses increased by 32.50% to CNY 43,082,196.45[8] - As of September 30, 2017, the operating revenue increased by 40.03%, up by 82,281 million, primarily due to increased production and sales scale[25] - The net profit attributable to shareholders for 2017 is expected to range from 140 million to 170 million, representing a change of -10.64% to 8.51% compared to the previous year[44] Assets and Liabilities - Total assets increased by 9.10% to CNY 6,222,527,170.66 compared to the end of the previous year[8] - Short-term borrowings increased by 58.9%, amounting to CNY 691,200,000 due to additional borrowings during the period[20] - Long-term equity investments grew by 390.92%, increasing by CNY 78,250,000 due to investments in Suzhou Youshi and Suzhou Aorui[19] - Prepaid accounts increased by 111.46%, rising by CNY 59,320,000 primarily due to advance payments for aluminum liquid[17] - Other current assets increased by 31.17%, up by CNY 26,220,000, attributed to increased financial products and tax credits[18] - Construction in progress rose by 62.36%, increasing by CNY 49,310,000 due to new equipment projects[19] - As of September 30, 2017, the prepayments increased by 102.55%, up by 40,220 million, mainly due to advance payments for unfinished projects[21] - As of September 30, 2017, the tax payable decreased by 72.36%, down by 27,760 million, primarily due to the payment of annual income tax[22] - As of September 30, 2017, the long-term payables decreased by 80.1%, down by 42,220 million, mainly due to the reclassification of financing leases[24] Cash Flow - Cash flow from operating activities showed a negative net amount of CNY -181,237,055.75, a 32.72% decrease compared to the previous year[8] - As of September 30, 2017, the cash received from sales of goods and services increased by 39.47%, up by 81,217 million, attributed to increased production and sales volume[30] - As of September 30, 2017, the cash paid for purchasing goods and services increased by 48.16%, up by 102,037 million, mainly due to increased production and material purchases[32] Investment and Future Plans - The company plans to continue expanding its aluminum processing capacity and improve cost control measures to mitigate operational pressures[44] - The total initial investment cost for futures was $6,283,957, with a purchase amount during the reporting period of $11,665,785.16 and a sale amount of $17,650,292[46] - The cumulative investment income reached $5,086,250, resulting in a final amount of $12,268,464[46] Compliance and Communication - There were no instances of non-compliance with external guarantees during the reporting period[47] - The company did not experience any non-operational fund occupation by controlling shareholders or related parties[48] - The company engaged in multiple investor communications, including site visits and inquiries about aluminum applications in electric vehicles and Tesla[50]