SPC(SH:600688)2018-10-25 16:00Financial Performance - Operating revenue for the first nine months reached CNY 80,820,403,000, an increase of 18.58% year-on-year[4] - Net profit attributable to shareholders rose by 13.63% to CNY 4,660,414,000 compared to the same period last year[4] - Basic earnings per share increased by 13.12% to CNY 0.431 per share[6] - Operating profit for the first nine months of 2018 was CNY 5,941,169 thousand, an increase of 14.5% compared to CNY 5,188,020 thousand in the same period of 2017[21] - Total operating revenue for Q3 2018 reached CNY 20,422,494 thousand, an increase of 12.9% compared to CNY 18,094,113 thousand in Q3 2017[21] - Net profit for Q3 2018 was CNY 1,133,689 thousand, down 26.0% from CNY 1,530,841 thousand in Q3 2017[21] Cash Flow - Cash flow from operating activities decreased by 34.20% to CNY 3,335,224,000 compared to the previous year[4] - Cash flow from operating activities for the first nine months of 2018 was CNY 3,335,224 thousand, down 34.2% from CNY 5,068,803 thousand in the same period of 2017[23] - Net cash flow from operating activities decreased to CNY 3,501,359 thousand, down 31.2% from CNY 5,085,537 thousand year-on-year[25] - Cash inflow from investment activities totaled CNY 4,044,973 thousand, significantly higher than CNY 1,074,613 thousand in the previous year[25] - Net cash flow from investment activities improved to CNY 660,456 thousand, compared to a negative CNY 1,196,616 thousand in the same period last year[25] - Cash inflow from financing activities was CNY 2,458,261 thousand, a decrease from CNY 72,580 thousand year-on-year[25] - Net cash flow from financing activities was negative at CNY 2,016,836 thousand, slightly improved from negative CNY 2,708,244 thousand in the previous year[25] Assets and Liabilities - Total assets increased by 6.66% to CNY 42,247,772,000 compared to the end of the previous year[4] - Current assets totaled CNY 23,349,925 thousand as of September 30, 2018, compared to CNY 19,866,051 thousand at the beginning of the year[13] - The company's total liabilities were CNY 12,229,857 thousand, up from CNY 11,067,923 thousand at the start of the year[14] - The equity attributable to shareholders reached CNY 29,734,305 thousand, compared to CNY 28,256,306 thousand at the beginning of the year[14] - The company’s total liabilities increased to CNY 123,456,789 thousand as of Q3 2018, reflecting a growth of 10.5% year-over-year[21] Operating Costs and Expenses - Operating costs rose to CNY 64,033,755 thousand, reflecting an increase of CNY 12,419,616 thousand or 24.06%, primarily due to rising raw material prices[11] - The company reported a total operating cost of CNY 27,465,116 thousand in Q3 2018, an increase of 17.9% from CNY 23,364,990 thousand in Q3 2017[21] - Financial expenses netted at CNY (208,631) thousand, an increase of 51.21% due to a significant rise in interest income during the reporting period[11] Shareholder Information - The number of shareholders reached 90,001, with the largest shareholder holding 50.44% of the shares[6] - The company reported a significant increase of 178.47% in employee compensation payable, amounting to CNY 345,192,000[10] Investment Income - Investment income reached CNY 933,950 thousand, up by CNY 85,672 thousand or 10.10%, attributed to increased profits from a subsidiary[11] - Investment income for Q3 2018 was CNY 297,992 thousand, slightly up from CNY 288,210 thousand in Q3 2017[21]