衢州发展(600208) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue decreased by 24.05% to CNY 7.08 billion for the first nine months compared to the same period last year[7]. - Net profit attributable to shareholders increased by 2.31% to CNY 1.77 billion year-on-year[7]. - The net profit after deducting non-recurring gains and losses increased by 39.63% to CNY 1.80 billion compared to the same period last year[7]. - The company reported a net profit of CNY 7,082,217,748.79 for the first nine months of 2018, down from CNY 9,324,876,869.22 in the same period last year[30]. - The net profit attributable to the parent company for Q3 2018 was ¥313,007,232.09, compared to ¥1,255,484,353.73 in the previous year, indicating a significant decrease of about 75.1%[32]. - The total profit for Q3 2018 was ¥424,806,557.63, down from ¥1,402,002,579.98 in the same quarter last year, reflecting a decline of approximately 69.7%[31]. - Total comprehensive income for Q3 2018 reached CNY 1,443,115,545.83, a decrease from CNY 2,026,595,080.91 in the same period last year[36]. Cash Flow - Net cash flow from operating activities showed a significant decline of 413.35%, resulting in a negative cash flow of CNY 5.44 billion[7]. - Cash inflow from operating activities totaled CNY 13,743,795,373.66, down from CNY 16,397,875,278.78 year-on-year[39]. - Cash outflow from operating activities increased to CNY 19,180,779,613.30, compared to CNY 14,662,738,088.34 in the previous year[39]. - Net cash flow from operating activities for the first nine months of 2018 was CNY -5,436,984,239.64, compared to CNY 1,735,137,190.44 in the previous year[39]. - Cash received from borrowings was $3.37 billion, while cash received from bond issuance was $3.88 billion, indicating strong financing activity despite cash outflows[43]. - The ending balance of cash and cash equivalents was CNY 12,177,284,134.25, down from CNY 15,303,624,941.26 at the end of the previous year[40]. - The company experienced a significant increase in cash paid for other financing activities, totaling $15.81 billion compared to $5.50 billion previously, suggesting strategic investments or expenditures[43]. Assets and Liabilities - Total assets increased by 10.58% to CNY 137.75 billion compared to the end of the previous year[7]. - The company's total liabilities increased by 35.79% to ¥41,372,194,877.30 due to new borrowings[16]. - Total liabilities reached CNY 31,855,717,772.45, up from CNY 27,945,443,030.34 at the start of the year[28]. - The total current liabilities rose to CNY 16,353,153,119.58, compared to CNY 9,218,081,116.25 at the start of the year[27]. - The total non-current liabilities were CNY 15,502,564,652.87, a decrease from CNY 18,727,361,914.09 at the beginning of the year[28]. - The company's equity attributable to shareholders was CNY 21,548,009,697.35, compared to CNY 20,362,994,861.40 at the beginning of the year[28]. Shareholder Information - The number of shareholders reached 99,586 by the end of the reporting period[12]. - Zhejiang Xinhuh Group Co., Ltd. held 32.41% of the shares, with 1.85 billion shares pledged[13]. Earnings and Expenses - The basic earnings per share increased by 2.49% to CNY 0.206[11]. - The basic earnings per share for Q3 2018 was ¥0.036, down from ¥0.146 in the same period last year, reflecting a decrease of approximately 75.0%[32]. - Management expenses fell by 30.45% to ¥307,698,016.63, as a result of the disposal of a subsidiary[16]. - The company's financial expenses for Q3 2018 amounted to ¥399,434,322.65, slightly up from ¥394,520,018.57 in the previous year, showing an increase of about 0.2%[31]. - The company's tax expenses for Q3 2018 were ¥114,228,476.18, compared to ¥129,422,183.09 in the previous year, indicating a decrease of about 11.7%[31]. Government Support - The company received government subsidies amounting to CNY 1.87 million during the reporting period[10].