国网英大(600517) - 2017 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 70.42% to CNY 81,111,130.12 for the first nine months of the year[6] - Operating revenue for the first nine months was CNY 3,905,719,495.83, a decrease of 12.81% year-on-year[6] - Basic earnings per share decreased by 70.00% to CNY 0.06[6] - The company's total operating costs for the first nine months of 2017 reached CNY 4,175,635,585.08, compared to CNY 3,826,720,775.95 in the same period of 2016, reflecting an increase of approximately 9.1%[26] - The total profit for the first nine months of 2017 was CNY 140,617,982.50, compared to CNY 100,865,079.78 in the same period of 2016, an increase of approximately 39.4%[29] - Net profit for Q3 2017 was CNY 13,606,940.14, down from CNY 80,315,004.33 in Q3 2016, indicating a decrease of about 83.0%[27] - Earnings per share for Q3 2017 were CNY 0.01, down from CNY 0.05 in Q3 2016, a decline of 80%[27] Cash Flow - The net cash flow from operating activities was negative CNY 1,370,595,037.99, compared to negative CNY 311,939,078.84 in the same period last year[6] - Operating cash inflow for the period (January to September) was CNY 3,461,905,406.01, down 21.4% from CNY 4,404,368,312.96 in the previous year[31] - Cash inflow from sales of goods and services was CNY 3,205,296,867.25, down from CNY 4,208,399,105.41 in the previous year[31] - Total cash outflow from operating activities was CNY 4,832,500,444.00, slightly up from CNY 4,716,307,391.80 year-on-year[31] - Cash inflow from investment activities totaled CNY 78,957,659.70, significantly up from CNY 10,622,639.95 year-on-year[32] - Net cash flow from investment activities was CNY 21,942,557.13, a recovery from CNY -86,251,485.79 in the previous year[32] - Cash inflow from financing activities was CNY 1,733,471,496.98, down 27.3% from CNY 2,383,720,204.50 year-on-year[32] - Net cash flow from financing activities improved to CNY 536,953,327.93 from CNY -416,125,214.07 in the previous year[32] - The ending cash and cash equivalents balance was CNY 680,393,238.94, an increase from CNY 572,079,728.63 at the end of the previous year[32] Assets and Liabilities - Total assets increased by 3.37% to CNY 9,260,994,508.91 compared to the end of the previous year[6] - Total liabilities as of September 30, 2017, amounted to CNY 5,653,329,356.86, an increase from CNY 5,237,401,034.88 at the beginning of the year[20] - Current assets totaled CNY 1,193,663,935.61, down from CNY 1,771,793,916.53 at the start of the year, indicating a significant reduction in liquidity[23] - Cash and cash equivalents decreased to CNY 91,833,796.97 from CNY 785,470,983.59, reflecting a decline of approximately 88.3%[22] - The company's total equity as of September 30, 2017, was CNY 3,607,665,152.05, down from CNY 3,721,944,475.71 at the beginning of the year[20] - Short-term borrowings increased by 173.02% to 1,720,000,000 yuan compared to the beginning of the year, due to repayment of due notes and long-term loans[12] Shareholder Information - The total number of shareholders was 55,406 at the end of the reporting period[10] - The largest shareholder, State Grid Electric Power Research Institute, holds 31.57% of the shares[10] Expenses and Impairments - The company's tax expenses for the first nine months amounted to 48,811,021.48 yuan, a decrease of 39.86% compared to the same period last year, primarily due to a reduction in total profit[15] - The company's financial expenses for the first nine months decreased by 33.79% to 28,087,621.56 yuan compared to the same period last year, attributed to a decline in average borrowings[13] - The company's asset impairment losses for the first nine months increased by 44.37% to 25,531,701.94 yuan compared to the same period last year, due to reduced receivables and increased bad debt provisions[13] Other Financial Metrics - The weighted average return on net assets decreased by 6.04 percentage points to 2.33%[6] - The balance of accounts receivable increased by 30.61% to CNY 3,863,343,629.41 compared to the beginning of the year[11] - The balance of prepayments increased by 85.63% to CNY 531,705,106.97 compared to the beginning of the year[11] - Development expenditure balance rose by 76.36% to 23,787,230.61 yuan compared to the beginning of the year, as R&D projects have not yet met the conditions for capitalization[12] - The company's other income for the first nine months was 27,089,718.41 yuan, an increase attributed to changes in accounting policies[14]