CCEG(SH:600697)2018-10-26 16:00Financial Performance - Revenue for the first nine months reached CNY 11.34 billion, a 13.73% increase compared to the same period last year[5] - Net profit attributable to shareholders decreased by 4.98% to CNY 198.78 million year-on-year[5] - Basic earnings per share decreased by 4.58% to CNY 1.25[5] - Total operating revenue for Q3 2018 reached ¥3,720,958,459.39, an increase of 13.4% compared to ¥3,282,079,136.46 in Q3 2017[22] - The net profit attributable to the parent company for the first nine months of 2018 was ¥198,784,036.08, down 5.0% from ¥209,194,373.36 in the same period last year[23] - Basic earnings per share for Q3 2018 were ¥0.44, compared to ¥0.48 in Q3 2017[23] - Total comprehensive income for Q3 2018 was ¥144,376,867.19, an increase from ¥138,105,628.39 in Q3 2017[23] Assets and Liabilities - Total assets increased by 0.62% to CNY 21.90 billion compared to the end of the previous year[5] - Total current assets decreased from CNY 6,204,062,096.93 at the beginning of the year to CNY 5,487,739,014.70, a decline of approximately 11.5%[17] - Total non-current assets increased from CNY 15,559,997,345.21 to CNY 16,411,267,493.56, an increase of approximately 5.5%[17] - Total liabilities decreased from CNY 16,617,979,154.47 to CNY 16,512,038,955.06, a reduction of about 0.6%[18] - Long-term borrowings decreased by 40.33% from CNY 1,743,000,000.00 to CNY 1,040,000,000.00, as some long-term debts were reclassified as current liabilities[10] Cash Flow - Operating cash flow increased by 43.55% to CNY 1.36 billion for the first nine months of the year[5] - Cash flow from operating activities for the first nine months of 2018 was approximately ¥1.36 billion, an increase of 43.4% from ¥947.15 million in the same period of 2017[27] - Cash flow from investing activities improved by 23.78%, with net cash outflow decreasing from CNY 1,602,635,000.07 to CNY 1,221,600,036.17[14] - Cash inflow from financing activities totaled ¥3,010,081,387.00, an increase of 6.7% from ¥2,820,000,000.00 in the previous year[31] - The net cash flow from financing activities was -¥464,920,628.28, an improvement from -¥867,155,194.38 year-over-year[31] Shareholder Information - The total number of shareholders reached 15,900 by the end of the reporting period[8] - The largest shareholder, Changchun Automotive City Commercial Company, holds 24.52% of the shares[8] Expenses - Sales expenses rose by 44.27% from CNY 355,498,942.38 to CNY 512,865,760.71, driven by new store openings and increased personnel costs[12] - The company incurred financial expenses of approximately ¥221.03 million in the first nine months of 2018, compared to ¥187.18 million in the same period of 2017, reflecting a rise of 18.1%[24] - The company reported a financial expense of ¥113,196,112.69 in Q3 2018, which is a 16.4% increase from ¥97,237,698.23 in Q3 2017[22] Investment and Equity - Long-term equity investments decreased by 49.91% from CNY 664,679,518.71 to CNY 332,913,996.81 due to the transfer of equity stakes in a joint venture and changes in accounting methods[10] - Investment income surged by 224.92% from a loss of CNY 7,125,843.74 to a gain of CNY 8,901,846.16, mainly due to the sale of equity stakes in a joint venture[12] Other Information - The company has not disclosed any new product or technology developments in this report[5] - Research and development expenses were not explicitly detailed in the provided data, indicating a potential area for further inquiry[24]