CMC(SH:600327)2017-10-26 16:00Financial Performance - Net profit attributable to shareholders for the first nine months was CNY 210,493,068.07, an increase of 21.10% year-on-year[8] - Operating revenue for the first nine months was CNY 6,451,972,569.76, slightly down by 0.04% compared to the same period last year[8] - The consolidated operating revenue for July to September was CNY 2,210 million, an increase of 4.37% year-on-year[13] - The net profit for the first nine months of 2017 was ¥276,401,068.35, up from ¥225,263,194.95 in the same period of 2016, reflecting a growth of approximately 22.7%[28] - The company's operating profit for the first nine months of 2017 was approximately ¥167.59 million, compared to ¥164.34 million in the same period last year, reflecting a growth of about 1.37%[32] - The total profit for the first nine months of 2017 was approximately ¥167.64 million, slightly down from ¥170.42 million in the same period last year[32] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 5,359,556,657.17, a decrease of 0.55% compared to the end of the previous year[8] - Total assets amounted to approximately 5.36 billion yuan, a slight decrease from 5.39 billion yuan at the beginning of the year[23] - The company's total assets as of September 30, 2017, amounted to ¥3,533,787,054.12, a decrease from ¥3,684,356,788.16 at the beginning of the year[25] - The total liabilities decreased to ¥858,805,720.55 from ¥953,817,319.96, showing a reduction of approximately 9.9%[26] - The company's cash and cash equivalents were ¥491,303,158.11, slightly down from ¥496,233,826.80 at the beginning of the year[25] Cash Flow - Cash flow from operating activities for the first nine months was CNY 104,618,622.67, a decrease of 40.24% year-on-year[8] - Operating cash flow for the first nine months of 2017 was CNY 104,618,622.67, a decrease of 40.4% compared to CNY 175,060,193.14 in the same period last year[35] - Total cash inflow from operating activities was CNY 7,288,607,501.85, slightly down from CNY 7,343,927,981.96 year-on-year[35] - Cash outflow from operating activities totaled CNY 7,183,988,879.18, compared to CNY 7,168,867,788.82 in the previous year, indicating a marginal increase[35] - Cash inflow from financing activities was CNY 767,575,513.12, down from CNY 986,961,854.84 year-on-year[37] - The net increase in cash and cash equivalents was CNY -111,249,548.49, compared to an increase of CNY 383,206,307.26 in the same period last year[37] Investments and Expenditures - The company reported an investment income of ¥36,888,543.34 for the first nine months of 2017, compared to ¥38,649,230.31 in the same period of 2016[28] - The parent company’s cash inflow from investment activities was CNY 84,652,136.34, significantly higher than CNY 38,576,256.27 in the previous year[39] - Development expenditures increased by 75.83% compared to the beginning of the year, primarily due to increased spending on the second phase of the Chechang platform and the second phase of Qianji[15] Changes in Assets - The company reported a significant increase in construction in progress, rising by 699.12% to CNY 1,241.46 million[14] - Accounts receivable increased by 97.15% compared to the beginning of the year, mainly due to an increase in bank acceptance bills received by the subsidiary New Era Automobile[15] - Prepayments increased by 45.07% compared to the beginning of the year, primarily due to increased pre-purchase payments in the automotive sector[15] - Goodwill increased by 44.37% to CNY 4,802.36 million[14] - Interest payable increased by 491.48% compared to the beginning of the year, primarily due to an increase in short-term borrowings[16] - Asset impairment losses increased by 1937.70% year-on-year, mainly due to an increase in bad debt provisions[17]