2018-10-26 16:00Financial Performance - Operating revenue decreased by 7.88% to CNY 3.29 billion for the current period compared to the same period last year[5] - Net profit attributable to shareholders decreased by 18.77% to CNY 1.25 billion for the current period compared to the same period last year[5] - Basic earnings per share decreased by 25.00% to CNY 0.06 for the current period compared to the same period last year[5] - The weighted average return on equity decreased by 1.05 percentage points to 1.82% for the current period[5] - Cash flow from operating activities was negative at CNY 29.41 billion for the year-to-date period[5] - Other comprehensive income after tax decreased by 129.06% to CNY (160,220,951.77) due to a decline in the fair value of financial assets[17] Asset and Equity Changes - Total assets increased by 16.32% to CNY 348.88 billion compared to the end of the previous year[5] - Net assets attributable to shareholders increased by 25.23% to CNY 69.12 billion compared to the end of the previous year[5] - Other assets increased by 38.35% to CNY 3,057,357,997.73 due to an increase in inventory held by subsidiaries[17] - Short-term borrowings decreased by 30.68% to CNY 1,460,125,000.00 as a result of reduced pledged borrowings by subsidiaries[17] Income and Investment - Investment income rose by 40.09% to CNY 3,682,633,525.18, driven by increased earnings from financial instruments[17] - Other income increased by 145.35% to CNY 122,033,770.03, attributed to higher government subsidies[17] - The company reported non-operating income of CNY 77.95 million for the year-to-date period[9] Derivative Investments - The company’s derivative investment in interest rate derivatives amounted to RMB 5,988,287.88 million, accounting for 86.64% of the net assets at the end of the reporting period[30] - The total amount of equity derivative contracts held was RMB 1,559,199.61 million, representing 22.56% of the company's net assets[30] - The total investment in derivative products at the end of the reporting period was RMB 7,674,813.70 million, with a net asset ratio of 111.04%[30] - The total amount of other derivative tools held was RMB 127,326.21 million, accounting for 1.84% of the company's net assets[30] - The fair value net profit of non-hedged government bond futures contracts held by the company's subsidiaries was RMB 5,637.84 million, while the net loss for interest rate swap contracts was RMB 2,390.90 million[28] - The company reported a net loss of RMB 1,887.07 million from non-hedged stock index futures contracts[28] - The fair value of commodity futures contracts resulted in a net loss of RMB 62.51 million during the reporting period[28] - The company has maintained compliance with regulatory requirements regarding derivative investments, ensuring risk control measures are in place[28] - The company’s subsidiaries are fully compliant with the requirements of the China Securities Regulatory Commission and other regulatory bodies in their derivative trading operations[30] - The company has not experienced any illegal or non-compliant operations in its derivative investment activities[28] Shareholder Information - The total number of shareholders at the end of the reporting period was 293,578[11] - The top shareholder, China Jianyin Investment, holds 29.27% of the shares, totaling 6.60 billion shares[11] Corporate Bonds and Financial Standards - The company issued corporate bonds totaling CNY 7 billion, with a fixed interest rate of 4.40% for a 5-year term and 4.80% for another 5-year term[20] - The implementation of new financial instrument accounting standards led to a 100% decrease in asset impairment losses[17] Future Outlook - The company anticipates that its 2018 operating performance cannot be accurately predicted due to the significant impact of market conditions on its securities business[22] - The company has committed to fulfilling all promises made by its actual controllers and shareholders during the reporting period[21]