中国卫星(600118) - 2017 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months was ¥3,998,387,921.52, representing a year-on-year growth of 22.34%[5] - Net profit attributable to shareholders was ¥255,730,053.17, up 9.65% from the same period last year[5] - Basic earnings per share increased to ¥0.22, reflecting a growth of 10.00% year-on-year[5] - The company reported an operating profit of ¥310,224,342.85 for the first nine months, an increase of 17.6% from ¥263,702,246.36 year-on-year[30] - Net profit for the first nine months of 2017 was CNY 282,603,404.41, up CNY 17,443,387.41 or 6.58% from the previous year[11] - Total operating revenue for the first nine months reached ¥3,998,387,921.52, an increase of 22.3% compared to ¥3,268,229,625.02 in the same period last year[30] - The company's gross profit margin for the first nine months was approximately 13.5%, compared to 16.0% in the same period last year[30] Cash Flow - The net cash flow from operating activities was -¥995,940,920.42, a decrease of 27.01% compared to the previous year[5] - Cash flow from operating activities showed a net outflow of CNY 995,940,920.42, a decrease of CNY 211,813,120.31 or 27.01% compared to the same period in 2016[12] - Operating cash flow for the first nine months was CNY -995,940,920.42, worsening from CNY -784,127,800.11 in the previous year[35] - The company incurred management expenses of CNY 4,861,440.42, a decrease from CNY 6,644,595.89 in the previous year[32] - The company’s financing activities resulted in a net cash outflow of CNY -230,698,994.05, compared to a net inflow of CNY 62,471,640.02 in the previous year[35] Assets and Liabilities - Total assets at the end of the reporting period reached ¥11,473,195,042.55, an increase of 5.67% compared to the end of the previous year[5] - The total assets as of September 30, 2017, amounted to ¥3,038,153,641.26, slightly up from ¥3,024,813,909.68 at the beginning of the year[28] - The company’s total assets decreased by CNY 1,493,734,933.14 or 39.42% in cash and cash equivalents compared to the end of 2016[12] - The total liabilities as of September 30, 2017, were CNY 5.53 billion, compared to CNY 5.11 billion at the beginning of the year[24] - The company's total equity increased to CNY 5.94 billion as of September 30, 2017, from CNY 5.75 billion at the beginning of the year[24] Shareholder Information - The total number of shareholders reached 150,096 by the end of the reporting period[8] - The largest shareholder, China Academy of Space Technology, holds 51.46% of the shares, totaling 608,541,176 shares[8] Investments and Future Plans - The company plans to continue expanding its satellite application and development business, which has driven revenue growth[14] - The company plans to invest CNY 118 million in Xi'an Tianhui to acquire 78 acres of research land for a geographic information data production base, with a total project investment of CNY 424 million over four years[20] - The company completed a total investment of $225 million in the Laos satellite joint venture, with the last contribution of $90 million made in July 2017[19] Other Financial Metrics - The weighted average return on net assets increased by 0.10 percentage points to 5.10%[5] - The company reported non-recurring gains and losses totaling ¥25,920,331.33 for the current period[7] - The company reported a decrease in financial expenses by CNY 11,464,409.80 or 77.88% due to increased interest income from higher average deposits[13] - Long-term equity investments increased by CNY 5,687,013.03 to CNY 23,090,960.39, a rise of 32.68% year-over-year[15] - Accounts receivable rose to CNY 4,375,899,307.50, an increase of CNY 1,680,274,730.25 or 62.33% compared to the end of 2016[12] - Inventory increased by CNY 763,324,259.43 to CNY 1,651,157,570.92, representing an 85.98% rise year-over-year[12]