CYPC(SH:600900)2018-10-30 16:00Financial Performance - Revenue for the first nine months was CNY 39.07 billion, up 4.92% from the same period last year[6] - Net profit attributable to shareholders was CNY 17.92 billion, a 0.94% increase compared to the previous year[6] - Basic earnings per share for the period was CNY 0.8147, representing a 0.94% increase year-on-year[7] - Operating revenue for the first nine months reached CNY 39.07 billion, compared to CNY 37.23 billion in the same period last year, indicating a year-over-year growth of about 4.9%[22] - The company reported an investment income of CNY 2.43 billion for the first nine months, up from CNY 2.02 billion, indicating a growth of about 20.8%[22] - Net profit for Q3 2018 reached CNY 4,819,462,690.29, up 1.7% from CNY 4,736,546,964.67 in the same period last year[27] - The total profit for Q3 2018 was CNY 6,368,232,327.83, representing an increase of 2.6% compared to CNY 6,206,975,194.40 in Q3 2017[27] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 300.47 billion, a 0.36% increase compared to the end of the previous year[6] - Total liabilities as of September 30, 2018, were CNY 162.538 billion, a slight decrease from CNY 163.879 billion at the beginning of the year[18] - Total liabilities increased to CNY 73.78 billion from CNY 64.68 billion, representing a growth of approximately 14.5%[21] - The company's total equity as of September 30, 2018, was CNY 137.932 billion, compared to CNY 135.519 billion at the beginning of the year[18] - The total equity decreased to CNY 110.08 billion from CNY 115.43 billion, a decline of approximately 4.6%[21] Cash Flow - Operating cash flow for the first nine months was CNY 28.09 billion, reflecting a 1.54% increase year-on-year[6] - Net cash flow from operating activities for the first nine months was CNY 28,090,292,854.70, up from CNY 27,664,833,478.86 year-on-year[31] - Cash and cash equivalents increased significantly to CNY 4.92 billion from CNY 2.61 billion, a growth of approximately 88.9%[20] - Cash flow from financing activities resulted in a net outflow of -CNY 21,374,522,687.01, compared to -CNY 16,156,913,641.29 in the same period last year[32] - Net cash flow from investment activities was -CNY 4,958,750,231.40, improving from -CNY 8,687,718,617.88 year-on-year[31] Shareholder Information - The total number of shareholders at the end of the reporting period was 96,388[10] - The largest shareholder, China Three Gorges Corporation, holds 57.92% of the shares[10] Expenses and Costs - Operating costs for the same period were CNY 20.41 billion, slightly up from CNY 20.01 billion, reflecting a marginal increase of about 2%[22] - Research and development expenses for the first nine months totaled CNY 18.63 million, compared to CNY 16.78 million last year, showing an increase of approximately 11%[22] - Operating costs for Q3 2018 were CNY 2,733,825,194.37, which is a 30.9% increase from CNY 2,086,725,183.48 in Q3 2017[27] - The company reported a financial expense of CNY 771,824,954.82 in Q3 2018, compared to CNY 718,294,601.61 in Q3 2017[27] Other Financial Metrics - The weighted average return on equity decreased to 12.91%, down 0.55 percentage points from the previous year[7] - The company reported non-recurring gains and losses totaling CNY -22.54 million for the period[8] - Other income decreased by CNY 1.255 billion, a decline of 63.66%, due to the expiration of VAT refund policies for large hydropower enterprises[12] - Other comprehensive income after tax for Q3 2018 was CNY 32,342,803.88, compared to CNY 10,366,006.02 in Q3 2017[27]