SMC(SH:600823)2019-10-29 16:00Financial Performance - Operating revenue for the first nine months was CNY 15.07 billion, representing a year-on-year increase of 4.81%[7] - Net profit attributable to shareholders of the listed company was CNY 1.55 billion, up 4.40% from the same period last year[7] - Basic earnings per share increased to CNY 0.41, a rise of 5.13% compared to the previous year[8] - Total operating revenue for Q3 2019 was CNY 2,250,143,134.40, a slight increase from CNY 2,232,032,598.42 in Q3 2018[29] - Net profit for Q3 2019 was CNY 181,030,705.98, up from CNY 28,068,726.09 in Q3 2018[31] - The company reported a total profit of CNY 292,987,213.43 for Q3 2019, compared to CNY 34,334,480.26 in Q3 2018[31] - The net profit for the first three quarters of 2019 reached ¥626,234,795.57, compared to a net loss of ¥357,108,543.91 in the same period of 2018, indicating a turnaround in profitability[35] - The company's total comprehensive income for Q3 2019 was ¥268,906,799.16, recovering from a loss of ¥50,024,082.92 in Q3 2018[35] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 115.45 billion, an increase of 6.58% compared to the end of the previous year[7] - Current assets totaled CNY 76.65 billion, an increase from CNY 71.77 billion, reflecting a growth of about 6.5%[20] - Total liabilities reached CNY 69.31 billion, up from CNY 63.53 billion, marking an increase of around 9.3%[21] - Long-term borrowings increased to CNY 11.85 billion from CNY 6.74 billion, representing a significant rise of approximately 76.5%[21] - Total current liabilities amounted to approximately ¥17.5 billion, with accounts payable at ¥156.65 million and other payables at ¥12.47 billion[49] - Total non-current liabilities reached approximately ¥10.59 billion, including long-term borrowings of ¥2.61 billion and bonds payable of ¥7.77 billion[49] Cash Flow - The net cash flow from operating activities for the first nine months was negative CNY 3.32 billion, a decline of 18.94% year-on-year[7] - Operating cash inflow for the first three quarters of 2019 was CNY 16.50 billion, down 14.8% from CNY 19.38 billion in the same period of 2018[37] - Net cash outflow from operating activities was CNY -3.32 billion, compared to CNY -2.79 billion in the first three quarters of 2018[37] - Cash inflow from financing activities totaled CNY 29.19 billion, up 63.5% from CNY 17.89 billion in the same period of 2018[38] - The ending cash and cash equivalents balance was CNY 6.92 billion, down from CNY 15.01 billion at the end of the same period in 2018[38] Shareholder Information - Net assets attributable to shareholders of the listed company amounted to CNY 24.25 billion, reflecting a growth of 2.41% year-on-year[7] - The total number of shareholders at the end of the reporting period was 51,436[11] - The largest shareholder, Peak Win International Limited, holds 43.73% of the shares[11] Inventory and Costs - Operating costs rose to RMB 10,179,306,983.11, reflecting a 12.43% increase from RMB 9,053,731,198.78 year-on-year[14] - Inventory increased by 11.85% to RMB 60,640,380,445.93, driven by the company's expansion of land reserves[16] - The company’s accounts payable rose by 26.50% to RMB 12,796,984,909.32, reflecting an increase in payable engineering costs[16] Financial Ratios - The weighted average return on net assets decreased by 0.25 percentage points to 6.32%[8] - Shareholders' equity rose to CNY 46.14 billion, compared to CNY 44.79 billion, reflecting an increase of about 3%[22]