KEC(SH:600997)2018-10-30 16:00Financial Performance - For the first nine months of 2018, the company achieved operating revenue of CNY 15,449,975,699.96, representing a year-on-year increase of 9.23%[7] - The net profit attributable to shareholders of the listed company for the same period was CNY 991,108,797.80, a significant increase of 202.71% compared to the previous year[7] - The company's basic earnings per share for the first nine months were CNY 0.62, up 195.24% from the previous year[7] - Operating profit for the first nine months was CNY 1,489,734,478.57, significantly higher than CNY 495,309,625.63 in the same period last year, representing a growth of 200.5%[30] - Net profit attributable to the parent company for the third quarter was CNY 408,832,143.74, up 305.5% from CNY 100,774,387.19 in the same quarter last year[31] - The total profit for the first three quarters was ¥942,638,498.52, compared to ¥578,620,316.39 in the previous year, marking an increase of approximately 62.7%[34] Production and Sales - The company produced 5.9874 million tons of raw coal and 2.1822 million tons of clean coal, with external sales of 1.4108 million tons of clean coal[12] - The production of coke reached 5.176 million tons, with external sales of 5.2644 million tons[12] - The company produced 13.40 thousand tons of methanol, with external sales of 10.78 thousand tons[12] - The company actively seized market opportunities and enhanced production management, leading to a favorable balance in market supply and demand[12] Cash Flow and Investments - The company reported a net cash flow from operating activities of CNY 2,426,638,281.23, an increase of 85.33% year-on-year[7] - Operating cash inflow for the first nine months was CNY 13,826,466,333.00, an increase of CNY 3,643,353,144.55 compared to the same period last year[20] - Investment activities resulted in a net cash outflow of CNY 881,554,788.53, an increase of CNY 612,847,768.82 compared to the previous year, mainly due to capital increase and asset construction[21] - Financing activities led to a net cash outflow of CNY 695,546,429.67, a decrease of CNY 1,578,727,091.25 year-on-year, primarily due to last year's non-public offering funds[22] Assets and Liabilities - The total assets at the end of the reporting period amounted to CNY 23,034,983,572.90, reflecting a 2.37% increase from the end of the previous year[7] - The company's current assets totaled CNY 9,599,192,947.40, up from CNY 9,076,217,966.97 at the beginning of the year, indicating an increase of about 5.76%[25] - The total liabilities decreased to CNY 10,866,943,428.38 from CNY 11,410,115,357.90, representing a reduction of approximately 4.75%[26] - The total owner's equity rose to CNY 12,168,040,144.52 from CNY 11,090,634,457.51, indicating an increase of about 9.73%[26] Research and Development - Research and development expenses for the first nine months totaled CNY 17,212,809.88, a decrease of 12.1% compared to CNY 19,586,299.07 in the same period last year[30] - Research and development expenses for the first three quarters amounted to ¥16,469,221.06, a decrease from ¥18,958,754.92 in the previous year, showing a reduction of about 13.1%[34] Other Financial Metrics - The total operating costs for the first nine months were CNY 14,017,520,785.76, an increase of 2.2% from CNY 13,710,693,829.89 in the same period last year[30] - The company’s other income for the first nine months was CNY 7,163,839.53, reflecting a positive contribution to the overall financial performance[30] - The company recorded a financial expense of ¥44,810,726.97, down from ¥105,580,614.86 in the previous year, indicating a decrease of approximately 57.5%[34]