Sun Cable(SZ:002300)2016-10-27 16:00Financial Performance - Operating revenue for the reporting period was ¥898,370,486.29, a decrease of 7.47% year-on-year[8] - Net profit attributable to shareholders was ¥43,237,075.06, down 19.03% compared to the same period last year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥40,107,956.81, an increase of 6.05% year-on-year[8] - Basic earnings per share were ¥0.08, a decrease of 11.11% compared to the same period last year[8] - The weighted average return on equity was 3.15%, down 0.84% year-on-year[8] - Investment income decreased by 1,550,100 CNY, a decline of 45.70%, primarily due to losses from futures hedging[18] - Cash received from operating activities decreased by 39,112,300 CNY, a decline of 67.12%, mainly due to reduced government subsidies[19] - The net profit attributable to shareholders for 2016 is expected to range from 12,676.99 million to 19,920.99 million RMB, reflecting a change of -30.00% to 10.00% compared to 2015's net profit of 18,109.99 million RMB[26] - The company anticipates a positive net profit for 2016, indicating no turnaround from a loss situation[25] Assets and Liabilities - Total assets at the end of the reporting period reached ¥3,240,232,705.31, an increase of 6.29% compared to the previous year[8] - Financial assets measured at fair value decreased by 657,400 CNY, a decline of 100%, mainly due to the closing of futures contracts during the reporting period[16] - Accounts receivable increased by 272,200,700 CNY, a growth of 41.28%, reflecting the company's sales revenue increase[16] - Prepayments rose by 23,249,300 CNY, an increase of 92.54%, primarily due to advance payments for materials purchased during the National Day holiday[16] - Long-term borrowings increased by 10,000,000 CNY, a growth of 100%, mainly due to new long-term borrowings by the company[16] - Other receivables increased by 8,009,300 CNY, a growth of 36.32%, mainly due to an increase in bid guarantees[16] - Long-term prepaid expenses increased by 1,122,600 CNY, a growth of 83.85%, mainly due to new lighting project expenses and office renovation costs[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 35,190[12] - The top three shareholders held a combined 59.97% of the shares, with Fuzhou Taishun Industrial Co., Ltd. holding 22.31%[12] - The company has a commitment to not transfer shares held by directors and senior management within one year of listing, ensuring stability in shareholding[23] Government and Regulatory Matters - The company received government subsidies amounting to ¥17,563,290.05 during the reporting period[9] - There are no reported violations regarding external guarantees during the reporting period[29] - The company has not experienced any non-operating fund occupation by controlling shareholders or related parties during the reporting period[30] Operational Insights - The company maintains stable overall operations and actively expands its market presence, ensuring normal production and business activities[26] - The company has committed to a dividend plan for the years 2015-2017, ensuring returns to shareholders during the investment period[24] - The company is committed to fulfilling its promises regarding the use of raised funds and ensuring they are not used for non-operational purposes[24] - The company has not engaged in any research, communication, or interview activities during the reporting period[31]