CECO(SH:603698)2015-10-27 16:00Financial Performance - Operating revenue for the first nine months rose by 24.06% to CNY 1,009,112,569.51 compared to the same period last year[4] - Net profit attributable to shareholders decreased by 16.58% to CNY 137,759,051.21 year-on-year[4] - Basic earnings per share fell by 32.00% to CNY 0.34 compared to the same period last year[4] - Total operating revenue for Q3 was CNY 209,018,293.90, a decrease of 9.2% from CNY 230,100,096.81 in the same period last year[42] - Net profit for the first nine months was CNY 137,759,051.21, down 16.6% from CNY 165,138,032.91 in the previous year[44] - The total profit (loss) for the third quarter was -20,315,019.95 RMB, compared to a profit of 15,688,735.41 RMB in the same period last year[49] - The net profit (loss) for the third quarter was -17,267,766.96 RMB, a decrease from a profit of 14,094,339.90 RMB year-over-year[50] Assets and Liabilities - Total assets increased by 52.68% to CNY 4,044,139,818.22 compared to the end of the previous year[4] - Total current assets increased to ¥3,079,114,409.75 from ¥1,865,706,720.02, representing a growth of approximately 64.8%[34] - Total non-current assets reached ¥965,025,408.47, up from ¥783,105,146.45, marking an increase of about 23.2%[35] - Total liabilities increased to ¥1,936,376,137.02 from ¥1,635,899,949.01, representing a rise of about 18.4%[36] - Total current liabilities increased to ¥1,864,841,439.68 from ¥1,565,987,191.14, reflecting a growth of approximately 19.1%[35] Cash Flow - Net cash flow from operating activities showed a significant decline of 202.06%, resulting in a negative CNY 257,706,224.37[4] - Cash flow from operating activities for the first nine months was -257,706,224.37 RMB, down from 252,506,833.37 RMB in the previous year[51] - Cash inflow from investment activities totaled 1,692,576,539.07 RMB, while cash outflow was 2,371,382,267.30 RMB, resulting in a net cash flow of -678,805,728.23 RMB[52] - Cash flow from financing activities generated a net inflow of 957,983,625.02 RMB, compared to 829,050.00 RMB in the previous year[52] - The net increase in cash and cash equivalents for the period was 12,445,564.26 RMB, down from 172,363,956.20 RMB in the same period last year[56] Shareholder Information - The total number of shareholders reached 31,908 by the end of the reporting period[9] - The largest shareholder, China Academy of Launch Vehicle Technology, holds 45.98% of the shares[10] - The company reported a commitment not to engage in any business that competes with aerospace engineering, ensuring no conflicts of interest with its investments[18] - The lock-up period for shares held by major shareholders is set for 36 months post-IPO, with an automatic extension of 6 months if share prices fall below the issue price[20] - Major shareholders are committed to not transferring or managing shares for 36 months after the IPO, ensuring stability in shareholding[20] Investment and Capital Management - The company raised RMB 990,876,000.00 from public stock issuance during the period[14] - The company plans to invest RMB 30 million to increase its shareholding through the Shanghai Stock Exchange trading system within the next 2 months[29] - The controlling shareholder will increase its shareholding at a price not exceeding the company's audited net asset value per share, with a minimum investment of RMB 500,000[28] - The company will ensure that the shareholding distribution complies with listing conditions after the repurchase and increase of shares[28] Operational Costs - Operating costs for the period were RMB 730,372,982.47, representing a year-on-year increase of 45.92, primarily due to the implementation of major contract projects with relatively low gross margins[13] - Cash paid for purchasing goods and services was RMB 427,168,448.60, up 56.54% year-on-year, driven by increased payments for timely project deliveries[13] - Sales expenses for Q3 were CNY 5,702,023.59, an increase of 96.1% from CNY 2,907,869.75 in the same period last year[48] - Management expenses for the first nine months rose to CNY 82,442,419.43, up 7.7% from CNY 76,958,547.31 year-over-year[48]