OIE(SH:600278)2017-10-27 16:00Financial Performance - Net profit attributable to shareholders decreased by 39.85% to CNY 35,979,805.20 year-on-year[9] - Operating revenue increased by 2.85% to CNY 11,418,900,157.84 for the first nine months[8] - Total operating revenue for Q3 was approximately ¥4.04 billion, a decrease of 8.5% compared to ¥4.41 billion in the same period last year[30] - Net profit for Q3 was approximately ¥29.55 million, a decrease of 24.7% from ¥39.22 million in the same period last year[31] - The net profit for the first nine months of 2017 reached ¥156.83 million, compared to ¥74.47 million in the same period last year, indicating a growth of 110.7%[35] Cash Flow - Net cash flow from operating activities decreased by 152.96% to CNY -220,810,683.41 compared to the same period last year[9] - Cash flow from operating activities for the first nine months of 2017 was negative at approximately -¥220.81 million, a decline from a positive cash flow of ¥416.97 million in the same period last year[37] - Operating cash inflow totaled $1,788,745,884.27, a decrease from $2,368,079,969.07 in the previous year, reflecting a decline of approximately 24.4%[41] - Net cash flow from operating activities was negative at -$69,445,791.58, compared to -$43,421,802.32 in the same quarter last year[41] Assets and Liabilities - Total assets increased by 22.08% to CNY 8,880,195,861.48 compared to the end of the previous year[8] - The total liabilities amounted to CNY 4,193,291,819.71, compared to CNY 3,792,164,571.19, showing an increase of approximately 10.6%[25] - Owner's equity attributable to shareholders reached CNY 4,390,186,771.08, up from CNY 3,178,914,074.49, reflecting a growth of around 38.1%[26] - The company’s total equity increased to CNY 4,686,904,041.77 from CNY 3,481,795,884.22, reflecting a growth of approximately 34.5%[26] Shareholder Information - The number of shareholders reached 28,060 at the end of the reporting period[13] - The top shareholder, Dongfang International (Group) Co., Ltd., holds 70.16% of the shares[14] Financial Expenses and Income - Financial expenses increased by 553.16% to CNY 20,633,155.39 compared to the same period last year[16] - The company reported a government subsidy of CNY 2,975,463.75 related to its main business operations[11] - The company experienced a significant increase in fair value gains of 191.34% to CNY 1,862,869.28 compared to the previous year[16] - The fair value change income increased by 191.34% year-on-year, driven by the rise in the fair value of financial assets held by the company[17] Inventory and Receivables - Accounts receivable increased by 36.11% compared to the beginning of the year, mainly due to an increase in bank notes held by a subsidiary[18] - Inventory increased by 34.86% compared to the beginning of the year, attributed to the import-export business cycle[18] Cash and Cash Equivalents - The company reported a significant increase in cash and cash equivalents, with a balance of CNY 301,549,595.28, down from CNY 385,529,180.39, a decrease of about 21.8%[27] - The total cash and cash equivalents at the end of the period stood at $168,549,595.28, a decrease from $169,807,363.80 year-over-year[41] Investment Activities - Cash inflow from investment activities totaled approximately ¥4.18 billion, compared to ¥2.09 billion in the previous year, marking an increase of 99.8%[38] - The company’s investment cash outflow for the first nine months of 2017 was approximately ¥4.17 billion, compared to ¥2.05 billion in the previous year, representing an increase of 103.4%[38]