SOFE(SZ:000852)2018-10-25 16:00Financial Performance - Operating revenue for the reporting period reached ¥1,296,241,443.01, a 55.33% increase year-on-year[8] - Net profit attributable to shareholders was ¥46,370,751.20, up 40.61% compared to the same period last year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥45,151,682.54, reflecting a 63.44% increase year-on-year[8] - Basic earnings per share rose by 40.65% to ¥0.0775[8] - The weighted average return on equity improved to 2.72%, an increase of 5.45% compared to the previous year[8] - The company reported a net loss of ¥52,226,635.88, a significant increase in losses of 232.47% compared to the previous year[17] - The company reported a total comprehensive income of ¥55,921,477.89 for the current period, compared to ¥45,937,353.93 in the previous period, indicating a growth of around 21.5%[45] - The net profit for the third quarter was a loss of approximately ¥23.08 billion, compared to a loss of ¥109.45 billion in the same period last year, showing a significant improvement[49] Revenue and Costs - The company's operating revenue reached ¥3,146,866,826.54, an increase of 44.36% compared to the same period last year, driven by rising international oil prices and the initiation of major pipeline construction projects[17] - Total operating revenue for the current period reached ¥1,296,241,443.01, a significant increase from ¥834,525,918.24 in the previous period, representing a growth of approximately 55.5%[38] - Total operating costs amounted to ¥1,241,955,493.32, up from ¥794,417,413.41, indicating an increase of about 56.3%[38] - Total operating costs for the year-to-date period were ¥3,218,962,382.31, up from ¥2,296,771,185.10, indicating an increase of about 40.1%[47] Assets and Liabilities - Total assets increased by 16.15% to ¥8,127,020,121.37 compared to the end of the previous year[8] - The company's inventory increased by 51.37% to ¥3,522,029,568.73, attributed to higher production and stockpiling of raw materials and products[17] - Total liabilities increased to ¥6,256,516,520.22 from ¥5,098,330,344.57, marking a rise of about 22.8%[33] - Short-term borrowings rose to ¥2,049,520,667.29 from ¥1,569,483,029.02, an increase of approximately 30.5%[33] - The company's total equity decreased to ¥1,870,503,601.15 from ¥1,898,660,403.17, a decline of approximately 1.5%[33] Cash Flow - The net cash flow from operating activities for the year-to-date was negative at -¥316,117,769.52, a decrease of 38.15%[8] - Cash received from sales of goods and services was ¥3,480,694,840.78, representing a 69.76% increase year-on-year, indicating strong sales performance[18] - The cash flow from operating activities totaled ¥2,244,248,681.43, significantly higher than ¥1,101,848,523.60 in the previous year, reflecting strong operational performance[58] - The company experienced a cash outflow of ¥3,972,850,434.18 from operating activities, compared to ¥2,436,522,801.90 in the same period last year[55] Research and Development - Research and development expenses amounted to ¥146,659,143.32, up 48.86% year-on-year, primarily due to increased material and inspection costs for ongoing projects[18] - The company incurred research and development expenses of approximately ¥53.04 million, an increase from ¥29.35 million in the previous period[51] Shareholder Information - The total number of shareholders at the end of the reporting period was 45,008[12] - The largest shareholder, China Petroleum & Chemical Corporation, holds 58.74% of the shares[12]