CPEC(SH:600339)2017-10-30 16:00Financial Performance - Operating revenue for the first nine months reached CNY 31.29 billion, an increase of 14.03% year-on-year[6]. - Net profit attributable to shareholders was CNY 521.08 million, up 38.58% from the previous year[6]. - Basic and diluted earnings per share were CNY 0.0961, representing a year-on-year increase of 17.77%[6]. - The company reported a significant recovery in net profit after deducting non-recurring gains and losses, reaching CNY 463.04 million, compared to a loss in the previous year[6]. - Operating profit attributable to the parent company increased by 38.58% to CNY 521,075,277.70, despite a 34.97% decline in actual performance due to currency depreciation[14]. - The company reported a net profit margin improvement, with net income for the year-to-date period showing positive growth trends[26]. - Net profit for Q3 2017 was CNY -53.90 million, a significant decrease from CNY 257.02 million in Q3 2016[28]. - The company recorded investment income of CNY 1.92 billion in Q3 2017, a substantial increase from CNY 3.76 million in the previous year[30]. - The total profit for Q3 2017 was CNY 1.92 billion, compared to a loss of CNY -64.00 million in Q3 2016[30]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 88.42 billion, a decrease of 1.16% compared to the end of the previous year[6]. - Total liabilities decreased to ¥65,550,547,026.31 from ¥72,879,023,003.29 at the start of the year, reflecting a reduction of approximately 10.0%[21]. - The company's equity increased to ¥22,871,170,830.14 from ¥16,577,019,916.53, representing a growth of about 37.8%[21]. - Non-current assets totaled ¥8,853,856,238.20, down from ¥9,586,095,538.08 at the beginning of the year[21]. - Current liabilities decreased to ¥63,452,203,660.23 from ¥70,998,814,823.03, indicating a reduction of approximately 10.0%[21]. Cash Flow - The net cash flow from operating activities improved to -CNY 3.76 billion, a 16.86% increase compared to the same period last year[6]. - Cash inflow from operating activities totaled CNY 35,591,871,811.04, slightly up from CNY 35,320,898,459.88 year-on-year[33]. - Cash inflow from financing activities was CNY 6,028,695,699.84, significantly higher than CNY 4,534,544,434.02 in the previous year[34]. - Total cash outflow from financing activities was CNY 6,637,728,708.40, compared to CNY 4,073,866,795.81 in the previous year[34]. - The net cash flow from investment activities was negative at CNY -348,325,340.09, an improvement from CNY -585,342,931.85 in the previous year[33]. Shareholder Information - The total number of shareholders at the end of the reporting period was 53,290[9]. - The largest shareholder, China National Petroleum Corporation, held 72.20% of the shares[9]. Expenses and Costs - Sales expenses decreased by 73.38% to CNY 42,616,330.80, due to the divestment of chemical sales business and strict cost control[13]. - Financial expenses rose significantly by 368.19% to CNY 432,403,005.27, primarily due to increased foreign exchange losses[13]. - Total operating costs for Q3 2017 were approximately CNY 12.20 billion, an increase of 31% compared to CNY 9.31 billion in the same period last year[27]. Future Outlook - The company is focusing on expanding its market presence and investing in new technologies to enhance operational efficiency[26]. - Future guidance indicates a continued emphasis on revenue growth and cost management strategies to improve profitability[26].