航发动力(600893) - 2016 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 41.78% to CNY 300.26 million year-to-date[6] - Operating revenue declined by 9.39% to CNY 12.60 billion for the year-to-date period[6] - Basic earnings per share fell by 42.31% to CNY 0.15 per share[8] - The weighted average return on equity decreased by 1.58 percentage points to 1.99%[8] - The net profit attributable to shareholders decreased by 41.78% to RMB 30,026 million, influenced by the absence of previous year's stock sale gains and a decline in product deliveries[19] - The company’s basic earnings per share decreased by 42.31% due to the decline in net profit[19] - The net profit for Q3 2016 was approximately ¥45.27 million, down 41.7% from ¥77.71 million in Q3 2015[37] - The total profit for Q3 2016 was approximately ¥53.30 million, down 43.7% from ¥94.55 million in Q3 2015[37] Cash Flow - Net cash flow from operating activities decreased by 69.99% to -CNY 6.52 billion year-to-date[6] - The net cash flow from operating activities was RMB -651,675 million, a decrease of 69.99% year-on-year, mainly due to reduced cash collection from sales[20] - Cash inflow from operating activities totaled CNY 9,502,454,696.22, a decrease of 26.5% compared to CNY 12,900,074,015.40 in the previous year[41] - Net cash flow from operating activities was -CNY 6,516,749,360.72, worsening from -CNY 3,833,530,619.79 in the same period last year[41] - The company reported a significant increase in cash received from sales of goods and services, totaling CNY 8,283,377,011.95, compared to CNY 11,555,144,743.71 in the previous year[40] - The company experienced a net decrease in cash and cash equivalents of -CNY 4,252,565,453.94, compared to -CNY 783,407,419.64 in the previous year[42] Assets and Liabilities - Total assets increased by 5.94% to CNY 50.45 billion compared to the end of the previous year[6] - As of the end of the reporting period, cash and cash equivalents amounted to RMB 481,895 million, a decrease of 46.55% compared to the beginning of the period, primarily due to a decline in cash collection from customers[15] - Accounts receivable increased by 92.83% to RMB 787,556 million, mainly due to an increase of RMB 371,572 million in receivables from related parties and defense-related accounts[15] - Inventory rose by 28.42% to RMB 1,445,247 million, primarily due to an increase of RMB 209,866 million in work-in-progress[15] - The company’s total liabilities increased significantly, with current liabilities rising by 124.03% to RMB 165,041 million, primarily due to an increase in long-term borrowings due within one year[17] - Total liabilities reached CNY 32,183,422,259.59, compared to CNY 29,392,688,240.93 at the beginning of the year, showing an increase of approximately 9.6%[26] Shareholder Information - The total number of shareholders reached 89,842 at the end of the reporting period[12] - The largest shareholder, Xi'an Aero Engine (Group) Co., Ltd., holds 30.62% of the shares[12] Government Support - Government subsidies recognized in the current period amounted to CNY 106.40 million year-to-date[9] Investment Income - The company reported a 76.09% decrease in investment income to RMB 5,035 million, as there were no significant stock sales this period compared to the previous year[19] - The company reported a significant increase in investment income, reaching approximately ¥12.74 million in Q3 2016, compared to ¥2.21 million in Q3 2015, marking a growth of about 476%[33]