CRRC(SH:601766)2018-10-30 16:00Financial Performance - Net profit attributable to shareholders increased by 10.61% to CNY 7,531,756 for the period from January to September[6] - Operating revenue decreased by 3.77% to CNY 135,365,775 for the period from January to September[6] - Basic earnings per share rose by 8.33% to CNY 0.26[6] - The total operating revenue for the first nine months of 2018 was approximately RMB 135.37 billion, a decrease of 3.77% compared to the same period last year[24] - Net profit attributable to shareholders for the first three quarters of 2018 was CNY 7,531,756 thousand, up 10.6% from CNY 6,809,208 thousand year-on-year[41] - Operating profit for Q3 2018 was CNY 4,167,994 thousand, an increase of 5.3% compared to CNY 3,955,965 thousand in Q3 2017[41] - The company reported a total profit of CNY 10,428,508 thousand for the first three quarters of 2018, an increase of 4.5% from CNY 9,984,028 thousand in the previous year[41] Assets and Liabilities - Total assets increased by 6.12% to CNY 398,130,210 compared to the end of the previous year[6] - The total liabilities of the company were approximately RMB 252.26 billion, up from RMB 233.30 billion at the beginning of the year[34] - The total liabilities as of the end of Q3 2018 amounted to CNY 55,880,525 thousand, a decrease from CNY 59,011,431 thousand at the end of the previous year[39] - The total equity attributable to shareholders at the end of Q3 2018 was CNY 96,080,865 thousand, down from CNY 100,086,376 thousand at the end of the previous year[39] Cash Flow - The company reported a net cash flow from operating activities of CNY -731,088 for the period from January to September[6] - Cash flow from operating activities showed a net outflow of 731 million RMB, an improvement from a net outflow of 9.49 billion RMB in the same period last year[21] - Cash flow from investing activities resulted in a net outflow of 12.343 billion RMB, compared to a net inflow of 1.185 billion RMB in the previous year[22] - Cash flow from financing activities recorded a net outflow of 2.951 billion RMB, a decrease from a net inflow of 7.757 billion RMB year-on-year[23] - The company experienced a net decrease in cash and cash equivalents of RMB (15,829,051) thousand, compared to a decrease of RMB (790,173) thousand in the same period last year[47] Revenue Breakdown - The railway equipment business accounted for 52.98% of total operating revenue, while urban rail and infrastructure, new industries, and modern services contributed 15.41%, 23.22%, and 8.39% respectively[23] - The railway equipment segment generated revenue of RMB 71.72 billion, down 1.13% year-on-year, primarily due to a decline in sales of freight cars and locomotives[24] - The urban rail and infrastructure segment reported revenue of RMB 20.86 billion, a decrease of 2.02% year-on-year, attributed to the different types of urban rail products delivered during the period[25] - The new industries segment saw revenue decline by 6.13% to RMB 31.44 billion, mainly due to a drop in income from general accessories and new energy vehicles[25] - The modern services segment experienced a significant revenue drop of 14.95%, totaling RMB 11.36 billion, primarily due to a reduction in logistics business scale[26] Shareholder Information - The total number of shareholders reached 839,601 by the end of the reporting period[8] - The largest shareholder, China CNR Corporation Limited, holds 51.38% of the shares[8] Other Income and Expenses - Government subsidies recognized in the current period amounted to CNY 304,706[9] - Non-operating income for the period totaled CNY 1,143,086[9] - Research and development expenses for the first three quarters of 2018 were CNY 6,379,466 thousand, a decrease of 4.4% compared to CNY 6,673,406 thousand in the same period last year[39] - The company paid RMB 19,575,551 thousand to employees, slightly up from RMB 19,112,214 thousand in the previous year[46] Comprehensive Income - Other comprehensive income decreased by 308.65%, primarily due to reduced fair value changes in financial instruments[18] - Other comprehensive income after tax for the first three quarters of 2018 was CNY (264,575) thousand, compared to CNY 53,261 thousand in the same period last year[41]