2017-10-30 16:00Financial Performance - Operating revenue for the first nine months decreased by 1.41% to CNY 11.89 billion compared to the same period last year[7]. - Net profit attributable to shareholders increased by 139.69% to CNY 1.14 billion compared to the same period last year[7]. - Basic earnings per share increased by 139.56% to CNY 0.0975 compared to the same period last year[8]. - Net profit increased by 132.59% year-on-year, mainly due to an increase in operating profit[16]. - Total profit increased by 126.6% year-on-year, primarily driven by increased operating profit[16]. - The company reported a net profit of CNY 250,895,092.23 for the first nine months of 2017, compared to CNY 205,320,956.87 in the same period last year, representing an increase of about 22.1%[31]. - The total profit for the first nine months of 2017 was CNY 1,190,750,733.66, compared to CNY 511,951,120.80 in the same period of 2016, indicating a year-over-year increase of 132.3%[34]. Assets and Liabilities - Total assets decreased by 1.67% to CNY 123.35 billion compared to the end of the previous year[7]. - The company's total liabilities increased to CNY 33,515,771,744.23 from CNY 29,331,641,807.30, marking an increase of about 14.9%[28]. - The total equity attributable to shareholders of the parent company was CNY 27,294,032,947.59, down from CNY 28,068,947,463.56, indicating a decrease of approximately 2.8%[29]. - Total assets as of September 30, 2017, amounted to CNY 60,809,804,691.82, up from CNY 57,400,589,270.86 at the beginning of the year, reflecting a growth of approximately 4.2%[28]. Cash Flow - Net cash flow from operating activities decreased by 29.65% to CNY 4.40 billion compared to the same period last year[7]. - Cash inflow from operating activities for the first nine months of 2017 was ¥4,404,596,779.95, down from ¥6,260,745,658.38 in the same period last year, representing a decrease of approximately 29.6%[42]. - Cash flow from operating activities was significantly impacted by a decrease in cash inflow, which totaled ¥12,938,795,502.87 for the first nine months of 2017, down from ¥23,486,208,332.24 in the previous year, reflecting a decline of approximately 44.2%[41]. - Cash inflow from financing activities decreased to $14.05 billion from $8.77 billion in the same period last year[46]. - Cash inflow from investment activities totaled $1.18 billion, compared to $4.97 billion in the prior year[45]. Shareholder Information - The total number of shareholders reached 392,661 by the end of the reporting period[10]. - The largest shareholder, China Ocean Shipping (Group) Company, holds 37.75% of the shares[10]. Government Support - The company received government subsidies amounting to CNY 29.86 million during the reporting period[9]. - Other income increased by 100% year-on-year, primarily due to adjustments of government subsidies under new accounting standards[15]. Financial Expenses - Financial expenses increased by 78.74% year-on-year, primarily due to increased interest expenses[15]. - Interest, fees, and commissions paid increased by 104.51% year-on-year due to higher interest expenses from the financial company[17]. Inventory and Receivables - Accounts receivable increased by 40.97% compared to the beginning of the period, mainly due to the increase in container manufacturing business[14]. - Prepayments increased by 43.59% compared to the beginning of the period, primarily due to increased advance payments for steel materials[14]. - Inventory increased by 31.28% compared to the beginning of the period, mainly due to an increase in raw materials for container manufacturing[14]. - The company’s other receivables increased to CNY 975,456,328.78 from CNY 146,086,298.87, showing a significant rise of approximately 570.5%[27]. Comprehensive Income - The total comprehensive income attributable to shareholders for Q3 2017 was CNY 152,447,005.59, down from CNY 640,548,199.96 in Q3 2016, a decline of 76.2%[36]. - The company reported a significant increase in management expenses, which rose to CNY 68,469,754.15 in Q3 2017 from CNY 32,823,356.20 in Q3 2016, an increase of 108.3%[37]. - The company incurred financial expenses of CNY 275,166,104.93 in Q3 2017, compared to CNY 100,684,158.34 in Q3 2016, an increase of 173.5%[37]. Investment Activities - Cash inflow from investment activities increased by 127.5% year-on-year, driven by the recovery of financial asset investments[17]. - Cash outflow from investment activities increased by 61.75% year-on-year, mainly due to increased financial asset investments[17].