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中船科技(600072) - 2018 Q3 - 季度财报
CSSC-STCCSSC-STC(SH:600072)2018-10-30 16:00

Financial Performance - Operating revenue decreased by 17.35% to CNY 2.26 billion for the first nine months compared to the same period last year[6] - Net profit attributable to shareholders decreased by 84.19% to CNY 2.63 million for the first nine months compared to the same period last year[6] - Basic earnings per share decreased by 82.61% to CNY 0.004[7] - The company reported a net profit of CNY 268,962,558.01, slightly up from CNY 266,328,610.53, indicating a growth of 1.0%[19] - Net profit for Q3 2018 was -25,215,610.98 CNY, compared to a profit of 129,306.38 CNY in Q2 2018[28] - The company reported a net profit of -¥57,768.69 for the third quarter, a significant recovery from -¥18,631,563.51 in the same quarter last year[31] Cash Flow - Net cash flow from operating activities improved to CNY -776 million, a significant reduction from CNY -1.29 billion in the same period last year[6] - The net cash flow from operating activities for the first nine months was -¥776,002,883.66, an improvement compared to -¥1,285,102,919.10 in the previous year[35] - The net cash flow from investment activities is $131,041,818.27, a substantial recovery from a net outflow of $384,558,233.25 in the prior year[37] - Cash inflow from operating activities was $139,137,546.50, down from $284,472,593.47 year-over-year, indicating a decrease in operational cash generation[37] Assets and Liabilities - Total assets increased by 3.86% to CNY 11.37 billion compared to the end of the previous year[6] - Total liabilities rose to CNY 7,334,777,715.22, up from CNY 6,882,294,060.59, indicating an increase of 6.5%[19] - Current liabilities totaled CNY 4,836,950,547.37, an increase of 10.1% from CNY 4,392,281,464.48[19] - Cash and cash equivalents balance decreased to ¥1,412,422,271.26 from ¥1,471,820,646.42[17] Shareholder Information - The total number of shareholders reached 80,569 by the end of the reporting period[8] - China Shipbuilding Industry Group Co., Ltd. holds 37.38% of the shares, making it the largest shareholder[8] Research and Development - Research and development expenses rose by 63.58% to ¥41,346,655.57 due to increased R&D projects at subsidiaries[10] - Research and development expenses increased to 21,214,832.61 CNY in Q3 2018, up from 8,899,879.55 CNY in Q2 2018, indicating a focus on innovation[27] Investment Activities - Investment income decreased by 33.85% to ¥61,026,235.91 due to reduced profits from joint ventures[10] - Cash received from investment income increased by 128.68% to ¥104,919,500.11 due to higher interest from entrusted loans[11] - The company plans to publicly transfer 21% equity of a subsidiary, which is expected to positively impact annual profits[12] Other Financial Metrics - The company incurred total operating expenses of ¥2,675,760,298.97 in the first nine months, down from ¥3,128,574,753.77 in the same period last year[35] - The company’s total comprehensive income for Q3 2018 was -24,158,474.13 CNY, compared to -3,470,768.20 CNY in Q2 2018[29] - The company’s management expenses were 43,803,852.55 CNY in Q3 2018, slightly up from 41,821,271.77 CNY in Q2 2018[27]