TSPGC(SH:601000)2018-10-29 16:00Financial Performance - Operating revenue for the first nine months reached CNY 7.18 billion, a 46.07% increase year-on-year[5] - Net profit attributable to shareholders was CNY 1.11 billion, reflecting a year-on-year growth of 6.61%[5] - The company reported a total profit of CNY 1.33 billion, a year-on-year increase of 3.87%[10] - Total operating revenue for the first three quarters of 2018 reached ¥7,176,797,770.58, a significant increase of 46.1% compared to ¥4,913,272,193.41 in the same period last year[35] - The company’s total comprehensive income for the first three quarters was ¥1,063,539,953.93, slightly up from ¥1,050,403,397.90 year-on-year[38] - Total profit for the first nine months of 2018 was CNY 1.31 billion, up 11.93% from CNY 1.17 billion in the same period last year[41] Cash Flow - The company achieved a net cash flow from operating activities of CNY 1.38 billion, up 13.31% year-on-year[5] - Cash received from sales of goods and services increased by 66.74% to CNY 7,884,777,412.60 compared to the previous period[20] - Cash received from other operating activities rose by 192.52% to CNY 1,256,422,771.32, primarily due to government subsidies for a 250,000-ton channel construction project[22] - Cash inflow from operating activities totaled CNY 9.14 billion, significantly higher than CNY 5.16 billion in the same period last year[45] - The net cash flow from operating activities for the first nine months of 2018 was CNY 958,257,150.59, an increase from CNY 873,177,192.04 in the same period last year, representing a growth of approximately 9.7%[49] Assets and Liabilities - Total assets increased by 2.95% to CNY 22.72 billion compared to the end of the previous year[5] - Net assets attributable to shareholders increased by 5.12% to CNY 15.27 billion compared to the end of the previous year[5] - Current liabilities decreased to CNY 4.19 billion from CNY 4.76 billion, a reduction of approximately 12.06%[30] - The total liabilities decreased slightly from CNY 6.18 billion to CNY 6.14 billion, a reduction of about 0.7%[30] - The company's cash and cash equivalents rose to CNY 1.45 billion from CNY 1.39 billion, an increase of approximately 4.4%[32] Investments and Income - Investment income rose by 57.11% to ¥297,330,558.72, driven by increased earnings from equity investments and futures trading[18] - Other income skyrocketed by 2265.42% to ¥80,460,229.55, mainly from various government subsidies received[18] - Investment income for the third quarter was ¥114,837,686.51, an increase of 98.0% from ¥57,968,848.04 year-on-year[36] Operational Metrics - Cargo throughput for the first nine months was 178.45 million tons, a decrease of 2.76% year-on-year[10] - Coal throughput increased by 16.47% to 60.00 million tons, while iron ore throughput decreased by 14.75% to 71.69 million tons[10] - Container throughput rose by 14.76% to 1.54 million TEU[10] Costs and Expenses - Operating costs rose by 67.11% year-on-year to ¥5,736,986,225.90, in line with the increase in trade revenue[16] - Research and development expenses for the first three quarters were ¥3,065,359.71, down 40.0% from ¥5,123,497.59 in the previous year[36] - Management expenses increased to CNY 69.64 million in Q3 2018, up 45% from CNY 48.06 million in Q3 2017[41]