CCS(SH:600180)2019-10-28 16:00Financial Performance - Operating revenue for the period was ¥25,905,132,727.45, a decrease of 8.34% compared to the same period last year[18]. - Net profit attributable to shareholders of the listed company was ¥362,249,749.45, down 4.11% year-on-year[18]. - Basic earnings per share for the period were ¥0.3564, a decrease of 4.12% compared to the previous year[21]. - The weighted average return on net assets was 6.17%, down 0.83 percentage points from the previous year[21]. - Total operating revenue for Q3 2019 was approximately ¥9.38 billion, an increase from ¥8.10 billion in Q3 2018, representing a growth of 15.8%[60]. - Net profit for Q3 2019 reached ¥40.82 million, up from ¥28.04 million in Q3 2018, indicating a growth of 45.5%[63]. - The company reported a total profit of approximately ¥33.74 million for Q3 2019, compared to ¥23.06 million in Q3 2018, which is an increase of 46.2%[60]. - The total comprehensive income for Q3 2019 was approximately ¥82.78 million, slightly up from ¥80.76 million in Q3 2018, indicating a growth of 2.5%[66]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥21,387,796,887.03, an increase of 3.83% compared to the end of the previous year[18]. - Non-current assets totaled ¥4,903,522,932.16, compared to ¥2,114,380,522.48, indicating a significant increase of about 131.77%[46]. - Current liabilities rose to ¥15,315,181,051.21 from ¥13,914,928,446.57, reflecting an increase of approximately 10.00%[47]. - Total liabilities reached ¥15,315,832,675.07, up from ¥14,887,585,870.92, marking a growth of around 2.87%[47]. - Owner's equity increased to ¥6,071,964,211.96 from ¥5,711,734,249.69, showing an increase of about 6.31%[47]. - The company reported a significant increase in accounts payable, which rose to ¥3,903,841,626.63 from ¥3,475,919,780.62, reflecting an increase of approximately 12.29%[45]. Cash Flow - Net cash flow from operating activities for the year-to-date was ¥5,262,955,332.10, representing a significant increase of 72.06% compared to the same period last year[18]. - Cash inflow from operating activities for the first three quarters of 2019 was CNY 36,333,348,640.54, down from CNY 38,743,147,229.17 in the same period of 2018[73]. - The net cash flow from operating activities for the first nine months of 2019 was ¥1,859,652,877.75, a decrease of 30% compared to ¥2,660,811,855.93 in the same period of 2018[78]. - The net cash flow from investing activities was -¥639,000,000.00, compared to a positive cash flow of ¥34,203,042.16 in the same period of 2018[78]. - The total cash and cash equivalents at the end of the period was ¥52,718,513.33, a decrease from ¥146,848,809.84 at the end of the same period in 2018[81]. Shareholder Information - The total number of shareholders at the end of the reporting period was 19,634[25]. - The largest shareholder, Zhengzhou Ruimaotong Supply Chain Co., Ltd., held 51.67% of the shares, with 521,000,000 shares pledged[25]. Expenses - Sales expenses rose by 89.19% from CNY 731,940,951.01 to CNY 1,384,751,486.14[30]. - Management expenses increased by 33.42% from CNY 182,709,264.67 to CNY 243,762,580.94[30]. - The company incurred a management expense of CNY 3,264,827.88 in Q3 2019, down from CNY 3,837,689.61 in Q3 2018[68]. Investments - Long-term equity investments surged by 155.61% from CNY 1,796,956,168.03 to CNY 4,593,187,554.06[29]. - The company reported a significant investment in long-term equity investments, amounting to approximately $1.80 billion[84]. - The company has a long-term investment strategy, as indicated by its substantial long-term equity investments and ongoing development expenditures of approximately $16.63 million[84].