CSCEC(SH:601668)2018-10-30 16:00Financial Performance - Net profit attributable to shareholders rose by 5.9% to CNY 27,299,468, up from CNY 25,782,179 in the same period last year[6]. - Operating revenue for the period reached CNY 840,510,102, reflecting a 9.0% increase from CNY 770,899,430 year-on-year[6]. - Basic earnings per share increased by 5.1% to CNY 0.62, compared to CNY 0.59 in the previous year[6]. - The total profit for the current period was RMB 49,160,226 thousand, representing a 4.7% increase from RMB 45,034,639 thousand in the previous period[34]. - The company reported a net cash outflow from operating activities of RMB -64,957,000 thousand, an improvement from RMB -75,254,501 thousand in the previous period[39]. - Operating cash flow for the period reached RMB 5,460,481 thousand, a significant increase from RMB 1,326,834 thousand in the previous period, representing a growth of approximately 311%[41]. Assets and Liabilities - Total assets increased by 17.3% year-on-year to CNY 1,819,755,791, compared to CNY 1,550,983,306 at the end of the previous year[6]. - Total liabilities reached CNY 1,430,944,079, reflecting an increase of 18.3% from CNY 1,209,254,113[28]. - Shareholders' equity totaled CNY 388,811,712, up from CNY 341,729,193, indicating a growth of 13.8%[28]. - The company’s asset-liability ratio was 78.6%, a decrease of 0.8 percentage points from the same period last year[16]. - Current assets totaled CNY 1,326,445,327, an increase of 16.4% from CNY 1,140,150,736 at the start of the year[27]. - Inventory rose significantly to CNY 676,481,527, up 26.2% from CNY 535,887,230[27]. Shareholder Information - The total number of shareholders reached 569,368, indicating a broad base of ownership[10]. - The largest shareholder, China State Construction Engineering Corporation, holds 56.28% of shares, totaling 23,630,695,997 shares[10]. - The total number of preferred shareholders at the end of the reporting period was 10, with the largest shareholder holding 35,000,000 shares, representing 23.33% of the total[12]. - The top ten unrestricted shareholders held a total of 23,630,695,997 shares, with the largest shareholder being China State Construction Engineering Corporation[11]. - The company has no known relationships or agreements among the top ten shareholders, ensuring independent decision-making[13]. Market and Economic Context - The national GDP for the first three quarters of 2018 was 65.1 trillion RMB, showing a year-on-year growth of 6.7%[14]. - Nationwide fixed asset investment reached 48.3 trillion RMB, with a year-on-year growth of 5.4%[14]. - The total sales area of commercial housing nationwide was 1.19 billion square meters, reflecting a year-on-year increase of 2.9%[14]. - The total sales revenue of commercial housing nationwide was 10.4 trillion RMB, which is a year-on-year growth of 13.3%[14]. - The infrastructure investment growth rate was 3.3%, which is a slight decline of 0.9 percentage points compared to the previous months[14]. Research and Development - The company’s R&D expenses increased by 22.5% to 1.26 billion RMB, reflecting a commitment to technological innovation[21]. - Research and development expenses increased to RMB 1,261,894 thousand, up from RMB 1,029,848 thousand in the previous period, reflecting a focus on innovation[34]. Cash Flow and Investments - Total cash inflow from operating activities amounted to RMB 72,918,735 thousand, compared to RMB 57,777,132 thousand in the prior period, reflecting an increase of about 26%[41]. - Cash received from sales of goods and services was RMB 65,577,435 thousand, up from RMB 54,286,811 thousand, representing an increase of about 21%[41]. - The company paid RMB 62,220,011 thousand for goods and services, which is an increase from RMB 47,513,448 thousand in the previous period, reflecting a growth of approximately 31%[41]. - The company received RMB 10,000,000 thousand from bond issuance, which is a significant increase from RMB 4,993,500 thousand in the prior period[42]. - The company reported a total cash inflow from investment activities of RMB 12,685,047 thousand, compared to RMB 10,911,039 thousand in the previous period, marking an increase of approximately 17%[41].