航天发展(000547) - 2018 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders rose by 10.34% to CNY 69,041,858.33 for the reporting period[8] - Operating revenue for the period was CNY 592,325,357.90, reflecting a growth of 6.19% year-on-year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 20.98% to CNY 67,780,634.43[8] - Basic earnings per share increased by 25.00% to CNY 0.05 for the reporting period[8] - The net profit for the year-to-date period increased by 32.75% to CNY 236,832,195.63[8] - The weighted average return on equity rose by 0.12 percentage points to 1.25%[8] Assets and Liabilities - Total assets increased by 3.77% to CNY 7,909,739,242.41 compared to the end of the previous year[8] - Cash and cash equivalents decreased by 32% to ¥1,435,857,326.87 due to increased operational investments during the period[16] - Prepayments increased by 59% to ¥478,911,910.24 primarily due to rising procurement in shipbuilding[16] - Inventory rose by 52% to ¥799,044,867.89 as production tasks are ongoing[16] - Short-term borrowings increased by 63% to ¥193,536,534.00 due to subsidiaries needing additional financing[16] Cash Flow - Cash flow from operating activities showed a significant decline of 58.91%, totaling CNY -608,434,482.74[8] - Operating cash flow net amount decreased by 58.91% to -¥608,434,482.74, attributed to expanded business scale and concentrated military product payments[17] - Investment cash flow net amount improved by 75% to -¥75,588,429.46, as there were no similar investments as in the previous year[17] - Financing cash flow net amount increased by 125% to ¥52,571,734.96 due to new borrowings received during the period[17] Shareholder Information - The total number of shareholders at the end of the reporting period was 107,866[12] - The largest shareholder, China Aerospace Science and Industry Corporation, holds 8.12% of the shares[12] Other Financial Metrics - Financial expenses surged by 268% to ¥12,576,515.72 mainly from increased interest expenses on short-term borrowings[17] - Other income grew by 253% to ¥18,889,396.99 due to higher government subsidies received[17] Future Outlook - The company anticipates significant changes in net profit compared to the previous year, indicating potential losses[19]