AVICOPTER(SH:600038)2015-10-27 16:00Financial Performance - Operating revenue for the first nine months was CNY 8,103,817,448.65, a slight increase of 0.09% year-on-year[7] - Net profit attributable to shareholders of the listed company rose by 19.35% to CNY 288,776,239.17[7] - Basic and diluted earnings per share increased by 19.34% to CNY 0.4899[9] - Total operating revenue for Q3 2015 was CNY 2,551,654,631.35, a decrease of 4.1% compared to CNY 2,660,687,321.69 in Q3 2014[32] - Operating profit for Q3 2015 increased to CNY 125,058,700.61, representing a 29.7% increase from CNY 96,433,343.55 in Q3 2014[32] - Net profit for Q3 2015 was CNY 102,078,243.25, up 14.4% from CNY 89,098,247.38 in Q3 2014[33] - The total profit for the first nine months of 2015 reached CNY 331,310,327.67, an increase of 15.6% from CNY 286,595,994.46 in the same period last year[33] - The total comprehensive income for Q3 2015 was CNY 102,078,243.25, compared to CNY 89,098,247.38 in Q3 2014, indicating a growth of 14.4%[33] Assets and Liabilities - Total assets at the end of the reporting period were CNY 20,178,902,831.97, a decrease of 1.02% compared to the end of the previous year[7] - Total liabilities decreased to CNY 13,768,440,309.67 from CNY 14,197,839,694.96, a decline of about 3.02%[25] - Non-current liabilities increased to CNY 815,958,459.58 from CNY 755,544,785.31, representing an increase of about 7.93%[25] - Current liabilities decreased to CNY 12,952,481,850.09 from CNY 13,442,294,909.65, a reduction of approximately 3.63%[24] - The company’s total current assets amounted to RMB 16,537,236,513.04, slightly down from RMB 16,646,131,822.69 at the beginning of the year[23] - The company’s estimated liabilities increased by 94.36% compared to the beginning of the year, reflecting an increase in product quality assurance deposits[17] Shareholder Information - The total number of shareholders at the end of the reporting period was 41,087[13] - The largest shareholder, Harbin Aircraft Industry (Group) Co., Ltd., held 28.21% of shares[13] Cash Flow - Net cash flow from operating activities improved by 22.76%, reaching CNY -1,315,466,272.03[7] - Cash and cash equivalents decreased by 40.32% compared to the beginning of the year, primarily due to increased procurement payments and cash dividend payments[16] - The company’s cash and cash equivalents at the end of the period were RMB 1,945,952,436.08, down from RMB 3,260,800,087.97 at the beginning of the year[23] - Cash inflow from operating activities for the first nine months of 2015 was approximately ¥5.83 billion, compared to ¥5.76 billion in the same period last year, reflecting a slight increase[38] - Net cash flow from operating activities was negative at approximately -¥1.32 billion, an improvement from -¥1.70 billion year-over-year[38] - Cash outflow from investing activities was approximately ¥79.57 million, significantly lower than ¥1.39 billion in the previous year[39] - Cash inflow from financing activities totaled approximately ¥1.26 billion, down from ¥2.01 billion in the same period last year[39] Expenses - The company reported a 32.97% increase in management expenses compared to the same period last year, driven by higher R&D expenses and depreciation[17] - Management expenses for Q3 2015 were CNY 205,133,916.55, up 26.1% from CNY 162,596,298.37 in Q3 2014[32] - The company reported a decrease in sales expenses to CNY 25,404,424.91 in Q3 2015, down from CNY 21,604,912.29 in Q3 2014[32] Government Support - The company received government subsidies amounting to CNY 2,967,000.00 during the reporting period[10]