PD CONSTRUCTION(SH:600284)2018-10-29 16:00Financial Performance - Operating revenue for the first nine months rose by 14.85% to CNY 1,937,081,366.22 year-on-year[6] - Net profit attributable to shareholders decreased by 1.23% to CNY 214,868,022.53 compared to the same period last year[6] - The company reported a net profit margin improvement, with net profit for the year-to-date period reaching CNY 1,937,081,366.22 compared to CNY 1,686,599,717.74, an increase of approximately 14.8%[29] - The net profit for Q3 2018 was CNY 54,137,189.18, down from CNY 75,690,427.62 in Q3 2017, reflecting a decrease of approximately 28.5%[31] - The total profit for Q3 2018 was CNY 66,101,375.86, compared to CNY 92,287,704.30 in the same quarter last year, a decline of about 28.4%[31] - Total revenue for the first nine months of 2018 reached CNY 2,720,713,847.69, compared to CNY 2,893,183,283.93 in the same period last year, indicating a decrease of about 6%[38] Cash Flow - Net cash flow from operating activities showed a significant decline of 187.70%, resulting in a negative CNY 97,778,522.51[6] - The cash flow from operating activities showed a net outflow of CNY 97,778,522.51, contrasting with a net inflow of CNY 111,494,003.64 in the previous year[39] - Operating cash flow for the first nine months of 2018 was ¥88,567,249.22, a significant improvement from a negative cash flow of ¥254,306,308.01 in the same period last year[40] - Total cash outflow from operating activities was ¥90,687,149.76, significantly lower than ¥802,238,100.26 in the previous year[40] Assets and Liabilities - Total assets increased by 1.35% to CNY 11,328,222,517.37 compared to the end of the previous year[6] - Total liabilities rose to CNY 5,497,565,674.50 from CNY 5,398,470,378.19, an increase of about 1.84%[23] - The company's total current assets amounted to RMB 9,035,471,453.70, up from RMB 8,691,536,606.73 at the beginning of the year[21] - The total liabilities increased significantly, with bonds payable rising by 199.99% to RMB 398,599,859.55 due to the issuance of corporate bonds[15] Shareholder Information - The top shareholder, Shanghai Pudong Development (Group) Co., Ltd., holds 25.39% of the shares[12] Research and Development - The company's research and development expenses surged by 89.45% to RMB 28,034,021.74, reflecting increased R&D activities by subsidiaries[15] - Research and development expenses for Q3 2018 amounted to CNY 32,763,070.32, a significant increase from CNY 7,875,873.15 in Q3 2017, marking an increase of approximately 315.5%[34] Government Support - The company received government subsidies amounting to CNY 14,098,286.00 during the reporting period[9] Other Financial Metrics - Basic earnings per share decreased by 1.23% to CNY 0.2215[8] - The weighted average return on equity decreased by 0.22 percentage points to 3.87%[6] - The company reported a basic earnings per share of CNY 0.0542 for Q3 2018, down from CNY 0.0711 in Q3 2017, a decrease of about 23.9%[32] - The total comprehensive income for Q3 2018 was CNY 55,273,495.01, compared to CNY 72,354,487.79 in the same quarter last year, a decrease of approximately 23.6%[32] Investment Activities - Investment activities generated a net cash inflow of CNY 2,383,888,747.73, significantly higher than CNY 525,926,172.67 in the same period last year[39] - The company received CNY 8,852,000,000.00 from investment recoveries, up from CNY 6,850,000,000.00 in the previous year[39] - Cash received from investment income was ¥507,453,415.15, a notable increase from ¥21,783,546.39 in the same period last year[40] Dividends and Interest - The company paid CNY 196,109,190.63 in dividends and interest, compared to CNY 129,607,766.78 in the previous year, reflecting an increase of approximately 51%[39] Meetings and Corporate Actions - The company held its first extraordinary general meeting on September 21, 2018, to elect new board members and approve capital reduction for a subsidiary[17]