2018-10-26 16:00Financial Performance - Operating revenue for the year-to-date reached RMB 87,878 million, representing a 13.38% increase compared to the same period last year[5]. - Net profit attributable to shareholders decreased to RMB 4,490 million, down 43.27% year-on-year[5]. - Basic earnings per share decreased to RMB 0.31, down 43.64% from RMB 0.55 in the previous year[5]. - The weighted average return on equity dropped to 8.00%, a decrease of 7.45 percentage points from the previous year[5]. - Net profit for the nine months ended September 30, 2018, was RMB 4.938 billion, down 41.5% from RMB 8.496 billion in the same period of 2017[29]. - Operating profit for the nine months ended September 30, 2018, was RMB 5.759 billion, down 42.9% from RMB 9.943 billion in the same period of 2017[29]. - The total comprehensive income for the nine months ended September 30, 2018, was RMB 4.961 billion, a decrease of 42.5% from RMB 8.662 billion in the same period of 2017[31]. Assets and Liabilities - Total assets increased to RMB 239,615 million, up 5.34% from the previous year-end[5]. - The company’s total assets as of September 30, 2018, amounted to RMB 239.615 billion, up from RMB 227.464 billion at the end of 2017[20]. - Total liabilities increased to RMB 177.899 billion as of September 30, 2018, compared to RMB 170.946 billion at the end of 2017, reflecting a growth of 5.6%[23]. - Shareholders' equity rose to RMB 61.716 billion as of September 30, 2018, up from RMB 56.518 billion at the end of 2017, marking an increase of 9.5%[26]. - Long-term borrowings increased by 58.57% as the company adjusted its debt structure to reduce short-term liabilities[13]. - The company reported a significant increase in short-term borrowings, which amounted to RMB 12.935 billion as of September 30, 2018, down from RMB 24.959 billion at the end of 2017, a decrease of 48.2%[23]. Cash Flow - Net cash flow from operating activities for the year-to-date was RMB 21,072 million, an increase of 45.04% compared to the same period last year[5]. - Total cash inflow from operating activities increased to RMB 105,719 million in 2018, up from RMB 91,221 million in 2017, representing a growth of 15.5%[33]. - Cash outflow from investing activities decreased to RMB 14,948 million in 2018 from RMB 19,177 million in 2017, indicating a reduction of 22.5%[35]. - Net cash flow from investing activities was negative at RMB 13,358 million, an improvement from negative RMB 16,904 million in 2017[35]. - Cash inflow from financing activities was RMB 53,859 million, down 25.2% from RMB 71,972 million in 2017[35]. - Net cash flow from financing activities turned negative at RMB 8,625 million, contrasting with a positive RMB 5,007 million in the previous year[35]. - The ending balance of cash and cash equivalents decreased to RMB 3,750 million from RMB 4,331 million in 2017, a decline of 13.4%[35]. Shareholder Information - The total number of shareholders reached 209,255 as of the report date[9]. - The largest shareholder, China Eastern Airlines Group, holds 35.06% of the shares[9]. Other Financial Metrics - Non-operating income for the period amounted to RMB 96 million, down from RMB 260 million in the previous year[8]. - Financial expenses increased by 357.04% due to exchange losses of RMB 2.157 billion in January-September 2018, compared to exchange gains of RMB 1.298 billion in the same period last year[12]. - Investment income decreased by 91.28% primarily due to the transfer of 100% equity in Eastern Logistics to Eastern Airlines Investment, resulting in investment income of RMB 1.754 billion in 2017[12]. - The company adjusted its retained earnings and other comprehensive income, increasing total equity by RMB 1,031 million due to the implementation of revised accounting standards[11]. - Prepayments increased by 68.62% mainly due to an increase in prepayments for aircraft operating lease rentals[12]. - Other receivables increased by 72.88% primarily due to an increase in receivables for export tax rebates[12]. - The company received RMB 481 million in tax refunds, up from RMB 237 million in 2017, marking a growth of 102.5%[33]. - Cash received from the disposal of fixed assets increased to RMB 789 million, compared to RMB 224 million in 2017, reflecting a growth of 252.2%[33].