BNMC(SH:601011)2019-10-28 16:00Financial Performance - Net profit attributable to shareholders decreased by 75.27% to CNY 68,320,081.29 for the first nine months of the year[5]. - Operating revenue for the first nine months decreased by 18.06% to CNY 2,133,829,897.24 compared to the same period last year[5]. - Basic earnings per share dropped by 76.47% to CNY 0.04 per share[5]. - The weighted average return on equity decreased by 3.62 percentage points to 1.12%[5]. - Operating cash flow decreased by 33.87% compared to the same period last year, primarily due to reduced sales revenue and prepayments[13]. - Total operating revenue for Q3 2019 was ¥580,713,642.15, a decrease of 39.0% compared to ¥952,874,788.03 in Q3 2018[23]. - Net profit for Q3 2019 was a loss of ¥21,388,213.00, compared to a profit of ¥122,196,558.36 in Q3 2018[24]. - The gross profit margin for Q3 2019 was approximately -5.6%, compared to 14.4% in Q3 2018[23]. - The company's revenue for Q3 2019 was approximately ¥529.49 million, a decrease of 40.5% compared to ¥889.90 million in Q3 2018[27]. - The net profit for Q3 2019 was ¥1.89 million, down from ¥120.49 million in Q3 2018, representing a decrease of 98.43%[27]. Cash Flow - Net cash flow from operating activities decreased by 33.87% to CNY 353,254,110.12 for the first nine months[5]. - Cash inflow from investment activities totaled CNY 81,406,238.45, a significant decline of 55.2% from CNY 181,882,667.68 in the previous year[31]. - Net cash flow from investment activities was -CNY 124,397,692.59, improving from -CNY 230,898,490.88 in the same period of 2018[31]. - Cash inflow from financing activities was CNY 883,000,000.00, an increase of 14.5% compared to CNY 771,305,000.00 in 2018[31]. - The ending cash and cash equivalents balance for the first three quarters of 2019 was CNY 331,329,135.02, down from CNY 616,193,934.35 in 2018[31]. - Operating cash inflow for the first three quarters of 2019 was CNY 2,206,591,681.70, a decrease of 19.2% compared to CNY 2,732,698,386.64 in the same period of 2018[30]. Assets and Liabilities - Total assets increased by 1.41% to CNY 11,073,144,701.89 compared to the end of the previous year[5]. - Cash and cash equivalents decreased by 41.80% compared to the end of the previous year, primarily due to the repayment of bank acceptance bills and reduced construction payments for 300,000 tons of stable light hydrocarbons[11]. - Accounts receivable decreased by 32.32% compared to the end of the previous year, mainly due to the discounting of bank acceptance bills and payment of goods[11]. - Total liabilities amounted to ¥4,187,094,058.73, slightly up from ¥4,128,787,608.26, showing a growth of around 1.4%[19]. - Current liabilities rose to ¥3,255,184,033.37 from ¥3,095,142,185.48, indicating an increase of approximately 5.2%[19]. - Long-term payables increased by 1018.52% compared to the end of the previous year, mainly due to loans received from the Shitaihe City Urban Construction Investment Development Co., Ltd.[11]. - The total non-current liabilities decreased to ¥931,910,025.36 from ¥1,033,645,422.78, indicating a reduction of approximately 9.8%[19]. Shareholder Information - The total number of shareholders reached 111,854 by the end of the reporting period[9]. - The largest shareholder, Heilongjiang Baotailong Group Co., Ltd., holds 28.38% of the shares[9]. - Shareholders' equity reached ¥6,886,050,643.16, compared to ¥6,790,483,022.89, marking an increase of about 1.4%[19]. Other Income and Expenses - The company reported a non-operating income of CNY 2,878,621.00 for the first nine months[7]. - Other income increased by 126.34% compared to the same period last year, mainly due to government subsidies received from provincial technology centers and industry authorities[11]. - Tax expenses decreased by 81.83% compared to the same period last year, primarily due to a decrease in total profit[11]. - Other income from non-operating activities increased by 2879.50% compared to the same period last year, mainly due to rewards received for eliminating backward production capacity and gains from the acquisition of Baqing County Jianlong Dayan Coal Industry Co., Ltd.[11].