OPG(SH:600637)2019-10-29 16:00Financial Performance - Operating revenue for the first nine months was CNY 8,537,039,083.50, down 8.01% year-on-year[4] - Net profit attributable to shareholders for the first nine months was CNY 1,310,591,488.08, a decrease of 13.26% compared to the same period last year[4] - Basic earnings per share for the reporting period were CNY 0.3838, a decrease of 13.27% compared to the previous year[4] - The weighted average return on equity decreased by 0.8350 percentage points to 4.5801%[4] - The company reported a net profit of CNY 968,992,863.17 after deducting non-recurring gains and losses, an increase of 8.81% year-on-year[4] - Total operating revenue for Q3 2019 was approximately ¥2.83 billion, a decrease from ¥3.25 billion in Q3 2018, representing a year-over-year decline of about 13.1%[20] - Net profit for Q3 2019 was approximately ¥267.45 million, compared to ¥305.34 million in Q3 2018, reflecting a decline of about 12.4%[21] - The total equity attributable to shareholders was approximately ¥25.12 billion, down from ¥25.68 billion in Q3 2018, reflecting a decrease of about 2.2%[18] Cash Flow - Net cash flow from operating activities for the first nine months was CNY 1,088,121,338.96, down 44.17% year-on-year[4] - The net cash flow from investing activities was RMB 442,542,523.83, a decrease of 134.78% year-on-year, primarily due to increased redemptions of low-risk principal-protected financial products[10] - The net cash flow from financing activities was -RMB 2,506,116,148.95, an increase of 167.23% compared to the previous year, mainly due to net repayments of bank loans[10] - Operating cash inflow for the first three quarters of 2019 was CNY 11,041,120,712.31, a decrease of 20.7% compared to CNY 13,921,959,826.05 in the same period of 2018[26] - Net cash flow from financing activities for the first three quarters of 2019 was -CNY 2,506,116,148.95, compared to -CNY 937,808,252.68 in 2018, indicating increased cash outflows[27] Assets and Liabilities - Total assets at the end of the reporting period were CNY 36,377,500,754.37, a decrease of 4.17% compared to the end of the previous year[4] - Current assets decreased from ¥23,123,266,607.16 to ¥21,783,122,902.71, a decline of about 5.80%[12] - Total liabilities decreased from ¥7,404,923,560.90 to ¥5,457,941,326.97, a decline of about 26.30%[14] - Current liabilities decreased from ¥7,192,192,838.64 to ¥5,282,517,155.23, a decrease of approximately 26.52%[13] - Non-current assets decreased from ¥14,836,211,604.95 to ¥14,594,377,851.66, a decline of about 1.63%[13] Shareholder Information - The total number of shareholders at the end of the reporting period was 156,410[6] - The largest shareholder, Shanghai Cultural Broadcasting Film and Television Group Co., Ltd., held 1,549,911,529 shares, accounting for 45.15%[6] Other Financial Metrics - Non-recurring gains and losses totaled CNY -5,168,371.76 for the reporting period[5] - The company's other comprehensive income attributable to owners of the parent decreased by 98.11% to -RMB 3,712,154.48, due to changes in accounting standards[10] - The company reported a 34.36% decrease in investment income to RMB 553,585,130.80, primarily due to reduced gains from external investments[9] - The company reported a significant increase in other income, totaling approximately ¥26.93 million in Q3 2019, compared to ¥29.76 million in Q3 2018[21] - The company incurred financial expenses of -¥38,800,924.76 in Q3 2019, compared to -¥6,753,111.42 in Q3 2018, indicating an increase in financial costs[23] Changes in Accounting Standards - The company has implemented new financial accounting standards effective January 1, 2019, impacting the reporting of financial instruments[33] - The company adopted new financial accounting standards effective January 1, 2019, impacting the reporting of financial instruments[38]