XEMC(SH:600416)2017-10-30 16:00Financial Performance - Operating revenue decreased by 18.87% to CNY 6,659,592,015.71 for the first nine months compared to the same period last year[6] - Net profit attributable to shareholders decreased by 42.02% to CNY 54,252,899.39 for the first nine months compared to the same period last year[6] - Basic earnings per share decreased by 53.85% to CNY 0.06 compared to the same period last year[7] - Total operating revenue for Q3 2017 was CNY 1,890,920,199.09, a decrease of 40.3% compared to CNY 3,164,267,424.27 in Q3 2016[28] - Total operating expenses for Q3 2017 were CNY 1,865,088,764.90, down 40.3% from CNY 3,133,504,394.75 in Q3 2016[28] - Net profit for Q3 2017 reached 32,449,480.44, compared to 19,692,050.55 in the previous quarter, reflecting a growth of approximately 64.5%[30] - Total profit for the first nine months of 2017 was ¥221,470,487.61, a decrease of 11.6% compared to ¥250,520,737.31 in the same period last year[33] Cash Flow - Net cash flow from operating activities improved by 9.8% to CNY -790,952,775.99 for the first nine months compared to the same period last year[6] - The company reported a net cash flow from operating activities of CNY -790,952,775.99, showing an improvement from CNY -868,832,072.23 in the previous year[15] - Cash flow from operating activities for the first nine months of 2017 was -¥790,952,775.99, slightly improved from -¥868,832,072.23 in the same period last year[35] - The net cash flow from operating activities for Q3 2017 was -388,781,011.64 RMB, compared to 236,202,078.90 RMB in the same period last year[39] - Cash flow from investing activities decreased by 30.06% to CNY 97,317,495.44, due to reduced special financial management of raised funds[15] - The net cash flow from financing activities was 652,554,302.70 RMB, down from 1,895,312,944.38 RMB in the previous year[39] Assets and Liabilities - Total assets increased by 9.18% to CNY 22,043,127,084.95 compared to the end of the previous year[6] - Total assets increased to CNY 22,043,127,084.95 from CNY 20,190,593,459.81, reflecting a growth of 9.18% year-over-year[19] - Total liabilities reached CNY 6,960,156,795.08, compared to CNY 6,398,491,756.80 at the start of the year, reflecting an increase of 8.7%[26] - Current liabilities totaled CNY 6,432,613,679.32, up from CNY 6,001,807,990.70 at the beginning of the year[25] - Non-current assets increased to CNY 8,364,214,971.22 from CNY 6,244,138,206.10, indicating a growth of 34.0%[25] Shareholder Information - The total number of shareholders reached 37,858 at the end of the reporting period[9] - The largest shareholder, Xiangdian Group Co., Ltd., holds 33.54% of the shares, with 158,590,000 shares pledged[9] Development and Investments - Development expenditures rose by 71.62% to CNY 854,055,259.72, attributed to increased investment in ship comprehensive power system R&D projects[14] - The company reported a non-operating income of CNY 10,509,092.59 for the first nine months[8] - The company has not disclosed any new product or technology developments in this report[5] - There are no significant mergers or acquisitions reported in this quarter[5] Other Financial Metrics - Operating tax and additional charges surged by 118.83% to CNY 30,000,937.75, mainly due to reclassification of certain taxes[13] - Non-operating income dropped by 78.61% to CNY 17,925,602.46, as government subsidies were reclassified and decreased compared to the previous year[13] - Cash and cash equivalents rose to CNY 1,628,245,223.96 from CNY 1,299,135,445.57, marking a growth of 25.4%[24] - The company's equity attributable to shareholders decreased to CNY 6,446,157,284.61 from CNY 6,664,046,834.28, a decline of 3.3%[22] - The company reported a decrease in inventory from CNY 1,099,752,656.86 to CNY 441,955,008.79, a reduction of 59.9%[24]