ycec(SH:600248)2019-10-29 16:00Financial Performance - Net profit attributable to shareholders was CNY 217,185,499.42, representing an increase of 34.73% year-on-year [20]. - Operating revenue for the period reached CNY 5,374,950,010.93, reflecting a growth of 2.65% compared to the same period last year [18]. - The company reported a net profit excluding non-recurring gains and losses of CNY 210,029,395.85, a significant increase of 124.69% compared to the same period last year [20]. - Basic earnings per share were CNY 0.2366, an increase of 14.69% year-on-year [20]. - Net profit for Q3 2019 was CNY 60,280,094.49, an increase from CNY 43,365,896.65 in Q3 2018, representing a growth of 39.5% [51]. - Total profit for Q3 2019 reached CNY 71,392,170.83, compared to CNY 50,987,756.05 in Q3 2018, marking a 40.0% increase [51]. - The total comprehensive income attributable to the parent company for Q3 2019 was CNY 60,280,094.49, compared to CNY 39,638,416.23 in Q3 2018, showing a 52.0% increase [53]. Cash Flow - Net cash flow from operating activities was negative CNY 817,885,442.88, a decline of 788.47% compared to the previous year [18]. - Operating cash flow for the first three quarters of 2019 was -817,885,442.88 RMB, a decrease from 118,797,362.72 RMB in the same period of 2018 [63]. - Cash inflow from operating activities totaled 4,396,521,184.59 RMB, down 14.2% from 5,127,925,544.58 RMB year-over-year [63]. - Cash outflow from operating activities increased to 5,214,406,627.47 RMB, compared to 5,009,128,181.86 RMB in the previous year, marking a rise of 4.1% [63]. - Cash flow from investment activities showed a net outflow of -47,914,613.14 RMB, compared to -13,612,748.76 RMB in the same period last year [65]. - Cash flow from financing activities resulted in a net outflow of -95,429,663.10 RMB, a decrease from -144,586,427.70 RMB year-over-year [65]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 8,076,710,851.88, a decrease of 2.61% compared to the end of the previous year [18]. - Total liabilities decreased to CNY 5,207,001,748.86 from CNY 5,549,744,288.61, a reduction of approximately 6.2% [37]. - Cash and cash equivalents decreased by 64.86% to ¥520,143,169.93 from ¥1,480,159,366.72 due to repayment of debts owed to private small and medium enterprises [26]. - Other current liabilities increased by 32.49% to ¥336,136,520.03 from ¥253,704,998.60, reflecting an increase in confirmed tax payable [26]. - Accounts payable increased to ¥4,026,479,040.46 from ¥3,950,399,916.43, indicating a rise in outstanding payments [35]. Shareholder Information - The total number of shareholders at the end of the reporting period was 25,228 [20]. - The largest shareholder, Shaanxi Yanchang Petroleum (Group) Co., Ltd., held 53.61% of the shares [23]. - The total equity attributable to shareholders increased to ¥2,869,709,103.02 from ¥2,743,624,808.85, representing a growth of about 4.6% [37]. Other Financial Metrics - The weighted average return on equity increased to 7.72%, up by 0.62 percentage points from the previous year [20]. - Non-operating income for the period amounted to CNY 5,380,286.52, with a total of CNY 7,156,103.57 for the year-to-date [20]. - Other income surged by 2,124.28% to ¥5,345,945.95 from ¥240,345.23, due to debt write-offs [26]. - The company reported research and development expenses of ¥1,080,971.04 for Q3 2019, compared to ¥955,999.01 in Q3 2018, reflecting an increase of approximately 13.1% [47]. - The company recorded an asset impairment loss of CNY -89,962,690.60 for the first nine months of 2019, compared to CNY -42,656,076.02 for the same period in 2018 [51].