CATEC(SH:600879)2018-10-30 16:00Financial Performance - Operating revenue for the first nine months rose by 10.98% year-on-year, totaling CNY 9.08 billion[6]. - Net profit attributable to shareholders increased by 8.72% year-on-year, amounting to CNY 342.53 million[6]. - Basic and diluted earnings per share increased by 7.69% to CNY 0.126[8]. - The weighted average return on net assets increased by 0.14 percentage points to 2.959%[6]. - Total operating revenue for the third quarter reached ¥3,011,011,491.10, an increase of 15.8% compared to ¥2,599,944,388.00 in the same period last year[25]. - Net profit for the first nine months of the year was ¥9,081,923,440.51, compared to ¥8,183,322,731.87 in the previous year, indicating a growth of 11%[25]. - The company's operating profit for Q3 2018 was approximately ¥154.83 million, an increase from ¥122.22 million in the same period last year, representing a growth of 26.6%[26]. - The net profit attributable to the parent company was ¥118.75 million for Q3 2018, compared to ¥106.17 million in Q3 2017, reflecting a year-over-year increase of 11.8%[27]. - The total comprehensive income attributable to the parent company for Q3 2018 was ¥130.74 million, compared to ¥109.02 million in Q3 2017, representing a growth of 19.9%[27]. - The company reported a net loss of ¥53.39 million for the first nine months of 2018, compared to a loss of ¥87.67 million in the same period last year, indicating an improvement of 39.0%[30]. Assets and Liabilities - Total assets increased by 12.73% year-on-year, reaching CNY 25.21 billion at the end of the reporting period[6]. - The company's total assets reached RMB 25,206,505,520.52, up from RMB 22,360,353,538.60 at the beginning of the year, indicating a growth of approximately 8.25%[20]. - Current liabilities totaled ¥12,703,687,140.75, an increase from ¥10,131,429,646.56, representing a rise of 25.3%[23]. - The total liabilities increased to ¥12,973,788,572.46 from ¥10,768,165,511.95, marking a rise of 20.1%[23]. - Other current liabilities rose by 62.92% to RMB 544,957,381.20, primarily due to unsettled advance payments[16]. Cash Flow - Cash flow from operating activities improved by 7.01% year-on-year, with a net cash outflow of CNY 1.61 billion[6]. - Cash inflows from operating activities totaled 7,617,275,288.74 CNY, an increase from 6,393,611,785.39 CNY year-over-year[35]. - The net cash flow from operating activities was -1,605,505,411.78 CNY, improving from -1,726,550,501.90 CNY in the same period last year[35]. - Cash outflows for investing activities were 442,866,892.34 CNY, slightly up from 430,595,212.99 CNY year-over-year[35]. - The net cash flow from financing activities was 1,664,827,103.54 CNY, down from 1,888,899,791.77 CNY in the previous year[36]. - The ending cash and cash equivalents balance was 456,849,598.56 CNY, compared to 571,894,907.66 CNY at the end of the previous year[36]. - The company's cash and cash equivalents decreased to RMB 708,907,318.94 from RMB 963,887,535.54, a decline of about 26.5%[19]. - The company's cash and cash equivalents decreased to ¥86,637,842.45 from ¥143,794,654.09, a decline of 39.6%[23]. Shareholder Information - The total number of shareholders reached 155,523 by the end of the reporting period[11]. - The largest shareholder, China Aerospace Times Electronics Co., Ltd., holds 21.57% of the shares[11]. Investments and Projects - The company completed the acquisition of a 20% stake in a navigation company, enhancing its operational capabilities[17]. - The total cumulative investment in fundraising projects reached RMB 158,744.21 million out of a commitment of RMB 222,322.33 million[17]. - The balance of construction in progress increased by 36.26% to RMB 1,155,122,031.23, attributed to the expansion of fundraising project construction[15]. - The company's investment income loss decreased by 80.48%, amounting to a loss of RMB 1,355,655.32, reflecting improved performance from investments[16]. Revenue and Costs - Total operating costs for the third quarter were ¥2,858,103,946.69, up from ¥2,471,993,644.69, reflecting a year-over-year increase of 15.6%[25]. - The total revenue for the first nine months of 2018 was ¥136.04 million, down from ¥244.05 million in the same period last year, indicating a decline of 44.4%[30]. - The company's operating costs for Q3 2018 were ¥66.75 million, which is a decrease from ¥126.31 million in Q3 2017, showing a reduction of 47.3%[30]. - Research and development expenses for Q3 2018 amounted to ¥13.42 million, significantly higher than ¥0.43 million in Q3 2017, marking an increase of 3030.5%[30]. - Sales revenue from goods and services received was 6,972,454,798.86 CNY, up from 6,254,557,939.72 CNY year-over-year[34]. Government Support - Government subsidies related to normal business operations amounted to CNY 32.36 million for the first nine months[9].