CC GAS(SH:600333)2017-10-30 16:00Financial Performance - Operating revenue for the first nine months reached CNY 932,512,739.45, a 13.30% increase year-on-year[6] - Net profit attributable to shareholders was a loss of CNY 13,606,425.31, a decrease of 148.00% compared to the same period last year[6] - Basic and diluted earnings per share were both CNY -0.02, a decrease of 140.00% compared to the previous year[6] - The company reported a net loss of CNY 22,730,049.80 for Q3 2017, compared to a profit of CNY 20,222,922.71 in Q3 2016[26] - The net profit for Q3 2017 was a loss of ¥5.42 million, compared to a profit of ¥25.52 million in Q3 2016, indicating a significant decline in profitability[30] - The total profit for Q3 2017 was a loss of ¥1.76 million, compared to a profit of ¥19.81 million in Q3 2016, indicating a substantial decline[30] Assets and Liabilities - Total assets increased by 4.76% to CNY 5,373,052,073.01 compared to the end of the previous year[6] - Total liabilities as of September 30, 2017, were CNY 3,055,282,918.78, a decrease from CNY 3,334,567,964.23 at the start of the year[24] - Cash and cash equivalents rose to CNY 115,386,770.32 from CNY 69,196,155.38 at the start of the year, reflecting a growth of 66.7%[22] - Inventory increased to CNY 188,054,234.73 from CNY 148,495,737.09, representing a growth of 26.7% year-to-date[23] - Other current assets increased by 215.90% to ¥39,556,154.66, primarily due to expected tax deductions[14] - Short-term borrowings rose by 109.22% to ¥1,464,950,000.00, mainly from increased short-term bank loans[14] - Long-term borrowings decreased by 59.96% to ¥232,800,000.00, mainly due to repayments of long-term bank loans[14] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 60,462,078.94, a decline of 151.85% year-on-year[6] - Cash inflow from operating activities for the year-to-date period reached ¥1,100,753,047.18, an increase of 12.3% compared to ¥980,044,863.07 in the same period last year[32] - Cash outflow from operating activities totaled ¥1,161,215,126.12, up 34.5% from ¥863,436,167.60 year-on-year[32] - Net cash flow from operating activities was negative at ¥60,462,078.94, a decline from a positive ¥116,608,695.47 in the previous year[32] - Cash inflow from financing activities reached ¥1,961,580,000.00, significantly higher than ¥753,496,000.00 in the same period last year[33] - Cash outflow from financing activities totaled ¥1,617,013,243.53, an increase from ¥676,232,031.61 year-on-year[33] - Net cash flow from financing activities was positive at ¥344,566,756.47, compared to ¥77,263,968.39 in the previous year[33] Shareholder Information - The total number of shareholders at the end of the reporting period was 43,992[12] - The largest shareholder, Changchun Changgang Gas Co., Ltd., held 58.75% of the shares[12] Government Subsidies - Government subsidies recognized in the first nine months amounted to CNY 7,623,549.97[8] Operating Costs - Total operating costs for Q3 2017 were CNY 292,904,985.55, a rise of 19.9% from CNY 244,157,281.16 in Q3 2016[26] - Year-to-date total operating costs amounted to CNY 968,736,012.07, increasing by 17% from CNY 828,762,276.34 year-on-year[26] - Operating costs for Q3 2017 were ¥115.40 million, up from ¥111.22 million in Q3 2016, reflecting an increase of approximately 3.06%[29]