中国卫星(600118) - 2014 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months was CNY 2,988,109,453.11, a slight increase of 0.07% year-on-year[12]. - Net profit attributable to shareholders decreased by 1.89% to CNY 214,160,108.89 compared to the same period last year[8]. - Total profit decreased by 2.30% to $264.26 million compared to the previous year[13]. - Net profit attributable to shareholders decreased by 1.89% to $214.16 million[13]. - Basic and diluted earnings per share both decreased by CNY 0.02 to CNY 0.18[8]. - The company reported a net profit margin of approximately 9.0% for the year-to-date period, down from 8.6% in the previous year[38]. - Operating profit for the year-to-date period (January to September 2014) was CNY 250,086,237.90, a decrease of 3% compared to CNY 257,684,671.17 in the same period last year[38]. - Total revenue for Q3 2014 was CNY 781,677,144.30, a decrease of 14.1% compared to CNY 909,596,438.18 in Q3 2013[38]. - Total operating costs for Q3 2014 were CNY 711,265,159.45, down 13.5% from CNY 821,915,939.40 in Q3 2013[38]. - Investment income for the first nine months of 2014 was CNY 172,030,124.97, up from CNY 94,379,816.80 in the same period last year[43]. Assets and Liabilities - Total assets increased by 19.33% to CNY 9,444,634,355.58 compared to the end of the previous year[8]. - Total liabilities rose to CNY 4,663,070,599.60, compared to CNY 3,343,198,200.41 at the start of the year, reflecting an increase of 39.5%[31]. - Cash and cash equivalents decreased by 13.51% to $3.33 billion[13]. - Cash and cash equivalents at the end of Q3 2014 totaled CNY 3,327,668,165.23, down from CNY 3,483,074,846.09 at the end of Q3 2013[48]. - The ending cash and cash equivalents balance was 977,427,909.10 RMB, down from 1,474,203,255.90 RMB year-on-year[50]. Cash Flow - The net cash flow from operating activities for the first nine months was negative at CNY -426,652,463.14, worsening from CNY -407,588,508.80 in the previous year[8]. - Operating cash flow for the first nine months of 2014 was CNY -426,652,463.14, slightly worse than CNY -407,588,508.80 in the same period last year[47]. - Total cash inflow from operating activities was 33,671,350.32 RMB, down from 76,004,673.29 RMB year-on-year[49]. - Cash outflow from operating activities totaled 44,917,367.47 RMB, compared to 133,572,102.83 RMB in the previous year[49]. - Investment activities generated a net cash flow of -210,229,568.41 RMB, a significant decline from 94,622,301.60 RMB in the same quarter last year[50]. - Financing activities resulted in a net cash flow of -76,781,598.00 RMB, a decrease from 1,353,764,554.65 RMB in the same quarter last year[50]. Shareholder Information - The company reported a total of 83,295 shareholders at the end of the reporting period[10]. - The company has committed to not engaging in competitive business activities with China Satellite and Aerospace Dongfanghong Satellite Co., Ltd. since October 17, 2002[20]. - The company guarantees that it will not develop or apply small satellites under 1000 kg that utilize proprietary technology from the CAST968 platform, ensuring no competition with Dongfanghong Satellite[20]. - The company has not engaged in competitive activities with China Satellite since September 25, 2012[20]. - The commitments made by the company will remain effective until certain conditions are met, such as owning less than 30% of China Satellite's equity[20]. Operational Costs - The company experienced a decrease in operating costs by 0.23% to CNY 2,583,333,189.28 compared to the previous year[12]. - Sales expenses increased by 15.56% to CNY 25,678,717.09 compared to the same period last year[12]. - Total operating expenses for Q3 2014 were CNY 1,247,910,234.28, compared to CNY 1,301,520,076.92 in Q3 2013[47].