CFC(SH:600977)2018-10-26 16:00Financial Performance - Net profit attributable to shareholders rose by 83.37% to CNY 1.30 billion, compared to CNY 708 million in the same period last year[4] - Operating income increased by 3.62% to CNY 6.92 billion, compared to CNY 6.68 billion in the same period last year[4] - Basic earnings per share increased by 83.38% to CNY 0.695, compared to CNY 0.379 in the same period last year[4] - The weighted average return on equity increased by 4.93 percentage points to 11.97%[4] - Total operating revenue for Q3 2018 reached ¥2,302,771,424.87, an increase of 8.2% compared to ¥2,128,301,962.61 in Q3 2017[25] - Net profit for Q3 2018 was ¥669,970,158.36, a significant increase of 304.5% compared to ¥165,002,100.56 in Q3 2017[26] - Total profit for Q3 2018 amounted to ¥750,846,275.81, compared to ¥217,942,033.29 in Q3 2017, marking a growth of 244.5%[26] - Total operating revenue for the first nine months of 2018 was ¥6,922,188,284.14, an increase of 3.6% from ¥6,680,272,898.80 in the same period last year[25] - Total comprehensive income for the first nine months of 2018 was ¥624.95 million, compared to ¥394.58 million in the same period last year[32] Asset and Liability Changes - Total assets increased by 16.43% to CNY 17.82 billion compared to the end of the previous year[4] - Total liabilities rose to CNY 5.95 billion, compared to CNY 4.29 billion in the previous year, marking an increase of about 38.8%[19] - Current liabilities totaled CNY 5.04 billion, up from CNY 3.87 billion, reflecting a growth of approximately 30.2%[19] - The company's total equity reached CNY 11.87 billion, compared to CNY 11.01 billion, reflecting an increase of approximately 7.8%[19] - Other receivables increased by 109.15% to CNY 270,395,102.41 due to an increase in inter-company transactions[9] - Inventory rose by 42.27% to CNY 1,768,688,991.53 primarily due to increased investment in film production[9] - Deferred income increased significantly to CNY 797.78 million from CNY 388.39 million, representing a growth of approximately 105.5%[19] Cash Flow and Investment Activities - Net cash flow from operating activities decreased by 40.51% to CNY 1.85 billion, compared to CNY 3.11 billion in the same period last year[4] - The company's cash and cash equivalents decreased to CNY 2.67 billion from CNY 4.81 billion, a decline of about 44.5%[22] - Cash flow from operating activities for the first nine months of 2018 was ¥1.85 billion, down from ¥3.11 billion in the previous year[35] - The company reported a significant increase in cash inflow from investment activities, totaling ¥2.90 billion in the first nine months of 2018, compared to ¥268.35 million in the previous year[35] - The cash outflow for investment activities reached ¥5,470,103,539.49, compared to ¥2,781,555,755.20 in the same period last year, resulting in a net cash flow from investment activities of -¥2,211,467,401.91[39] Shareholder Information - The total number of shareholders reached 94,269 by the end of the reporting period[6] - The largest shareholder, China Film Group Corporation, holds 67.36% of the shares[6] Research and Development - Research and development expenses increased by 34.30% to CNY 34,159,132.92, reflecting higher spending on projection technology[11] - Research and development expenses for Q3 2018 were ¥15,717,868.43, up 19.1% from ¥13,207,394.29 in Q3 2017[25] Other Financial Metrics - Government subsidies recognized in the current period amounted to CNY 73.64 million[5] - Non-recurring gains and losses totaled CNY 472.76 million for the current period[5] - Goodwill increased to CNY 495,141,835.84 due to changes in the scope of consolidation[9] - Deferred tax liabilities rose by 3435.89% to CNY 45,936,356.56 due to asset appraisal increases from mergers[9] - The company reported a decrease in other comprehensive income, with a loss of CNY 46.19 million compared to a loss of CNY 14.18 million in the previous year[19]