CSICPCL(SH:600482)2018-10-29 16:00Financial Performance - Operating revenue for the first nine months reached CNY 20.15 billion, a 4.56% increase from the same period last year[6]. - Net profit attributable to shareholders increased by 22.40% to CNY 994.65 million compared to the previous year[6]. - Basic earnings per share rose by 21.28% to CNY 0.57[7]. - The company's net profit attributable to shareholders increased to CNY 6.15 billion, compared to CNY 4.87 billion at the beginning of the year, representing a growth of approximately 26.3%[19]. - Total operating revenue for Q3 2018 reached ¥6,186,924,664.94, an increase of 13.5% compared to ¥5,448,301,216.43 in Q3 2017[22]. - Net profit for Q3 2018 was ¥298,109,560.95, a decrease of 25.1% from ¥397,430,190.96 in Q3 2017[24]. - Total comprehensive income attributable to the parent company for the first nine months was CNY 994,180,534.29, up from CNY 812,590,458.74 in the previous year[25]. Assets and Liabilities - Total assets increased by 6.06% to CNY 57.90 billion compared to the end of the previous year[6]. - Current assets totaled CNY 42.33 billion, up from CNY 39.86 billion, indicating an increase of about 6.15%[17]. - The total liabilities decreased by 41.3% to ¥1,861,311,018, primarily due to the settlement of construction project accounts[13]. - The total liabilities as of September 30, 2018, were CNY 26.99 billion, slightly up from CNY 26.50 billion, reflecting an increase of about 1.85%[18]. - The total assets of the company as of the end of Q3 2018 amounted to ¥26,970,289,995.02, an increase from ¥25,180,077,156.40 at the end of Q3 2017[22]. Cash Flow - The net cash flow from operating activities was negative at CNY -2.00 billion, compared to CNY -776.59 million in the same period last year[6]. - The company reported a net cash outflow from operating activities of -¥2,001,709,243, influenced by rising raw material prices and extended collection periods[13]. - Cash flow from operating activities for the first nine months was CNY 18,631,334,342.38, compared to CNY 16,857,173,147.19 in the same period last year, reflecting a growth of approximately 10.4%[28]. - The net cash flow from operating activities for Q3 2018 was -2,001,709,243.93 RMB, compared to -776,590,536.47 RMB in the same period last year, indicating a decline in operational cash flow[29]. - The company reported a net cash flow from operating activities of -272,189,703.51 RMB for the first nine months of 2018, an improvement from -788,201,908.19 RMB year-over-year[30]. Investments and Expenses - Long-term equity investments increased by 91.76% to ¥1,071,926,142, mainly due to capital increases in subsidiaries and participation in industrial funds[13]. - Research and development expenses surged by 130.0% to ¥169,547,011.51, reflecting increased investment in R&D[13]. - The company's financial expenses decreased by 144.5% to -¥123,392,015.8, benefiting from debt-to-equity swaps that reduced interest expenses[13]. - Investment income rose by 98.02% to ¥172,217,359.17, attributed to the sale of subsidiary equity[13]. - The company incurred financial expenses of CNY -23,938,577.6 in the third quarter, compared to CNY -17,999,553.63 in the previous year[26]. Shareholder Information - The total number of shareholders at the end of the reporting period was 37,471[9]. - The largest shareholder, China Shipbuilding Industry Group, holds 30.24% of the shares[9]. - The company announced a share repurchase plan, with procedures currently in progress as of October 25, 2018[14]. Government Support - The company received government subsidies amounting to CNY 66.18 million during the reporting period[8].