SCC(600740)2017-10-23 16:00Financial Performance - Operating revenue for the first nine months was CNY 4,301,096,314.73, representing a significant increase of 75.76% year-on-year[6] - Net profit attributable to shareholders was CNY 51,984,783.88, a turnaround from a loss of CNY 30,869,912.18 in the same period last year[6] - Basic earnings per share for the period was CNY 0.0679, compared to a loss of CNY 0.0403 in the previous year[7] - The company reported a significant improvement in operational efficiency, optimizing coal procurement and increasing product sales[22] - The company's operating revenue for Q3 2017 was ¥1,626,842,811.52, a 60.5% increase compared to ¥1,012,911,797.73 in the same period last year[40] - The net profit attributable to the parent company was ¥32,094,481.68, down 42.3% from ¥55,504,749.90 in Q3 2016[37] - The total profit for Q3 2017 was ¥31,057,640.36, down 43.9% from ¥55,324,641.74 in Q3 2016[41] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 11,273,897,645.11, an increase of 5.28% compared to the end of the previous year[6] - Total liabilities at the end of the reporting period amounted to 860,123.01 million yuan, an increase of 51,333.74 million yuan from the beginning of the year[12] - The company's total assets as of Q3 2017 amounted to ¥9,758,039,903.98, an increase from ¥9,299,775,011.21 in the previous year[32] - The company's total liabilities for Q3 2017 were ¥7,678,166,444.08, compared to ¥7,270,851,214.41 in Q3 2016, representing an increase of 5.6%[32] - The company's total equity as of Q3 2017 was ¥2,079,873,459.90, compared to ¥2,028,923,796.80 in the previous year, showing a slight increase of 2.5%[32] Cash Flow - Net cash flow from operating activities for the first nine months was CNY 116,782,482.29, up 89.90% compared to the previous year[6] - Cash inflow from sales of goods and services reached ¥4,019,213,825.76, a significant increase from ¥2,824,719,360.74 in the same period last year, representing a growth of approximately 42.3%[44] - The net cash flow from operating activities amounted to ¥116,782,482.29, up from ¥61,497,943.46, indicating a year-over-year increase of about 90%[45] - Total cash inflow from financing activities was ¥2,557,538,203.75, compared to ¥1,498,400,000.00 in the previous year, reflecting a growth of approximately 71%[46] - The cash flow from investment activities showed a net outflow of ¥37,769,281.59, an improvement from a net outflow of ¥146,516,705.02 in the previous year[46] Shareholder Information - The total number of shareholders reached 77,214, indicating a broadening of the shareholder base[9] - The company's net assets attributable to shareholders rose to CNY 2,092,035,886.51, a 2.51% increase from the previous year[6] - The company's equity attributable to shareholders increased to RMB 2.09 billion from RMB 2.04 billion at the beginning of the year[28] Operational Changes - The company is actively implementing a flue gas desulfurization and denitrification project to reduce emissions, with a design target for sulfur dioxide at ≤30mg/m3 and nitrogen oxides at ≤150mg/m3[16] - The company has continued to pursue a major asset restructuring plan, with the latest proposal submitted for review by the China Securities Regulatory Commission[15] - The company is actively expanding its raw material procurement channels and optimizing its coal blending ratio[22] Other Financial Metrics - The company incurred financial expenses of ¥61,582,902.59 in Q3 2017, an increase of 24.0% from ¥49,658,734.88 in the same period last year[40] - Total operating expenses for Q3 2017 were ¥1,597,901,946.65, up from ¥959,506,795.40 in the same period last year, reflecting a 66.5% increase[34] - The total operating costs for Q3 2017 were ¥1,482,002,531.48, a 70.5% increase from ¥868,733,847.65 in Q3 2016[40]