CNCEC(SH:601117)2019-10-30 16:00Financial Performance - Net profit attributable to shareholders rose by 50.43% to CNY 2.45 billion for the year-to-date period[4] - Operating revenue for the year-to-date period increased by 17.36% to CNY 62.93 billion[4] - Basic earnings per share increased by 51.52% to CNY 0.50[4] - The weighted average return on equity improved by 1.64 percentage points to 7.25%[4] - Total operating revenue for Q3 2019 reached ¥24.41 billion, a 24.5% increase from ¥19.61 billion in Q3 2018[22] - Net profit for Q3 2019 was ¥894.83 million, up 45.3% from ¥615.25 million in Q3 2018[23] - Operating profit for Q3 2019 was ¥1.00 billion, representing a 38.3% increase from ¥724.23 million in Q3 2018[23] - The company reported a total comprehensive income of ¥911.91 million for Q3 2019, compared to ¥619.21 million in Q3 2018, marking a 47.2% increase[24] Asset and Liability Changes - Total assets increased by 11.67% to CNY 108.35 billion compared to the end of the previous year[4] - Total liabilities increased to ¥71.52 billion as of September 30, 2019, up from ¥62.00 billion at the end of 2018, representing a growth of approximately 15.5%[17] - Current liabilities rose to ¥7.08 billion, up from ¥5.52 billion, reflecting a significant increase of approximately 28.3%[19] - Non-current liabilities totaled ¥4.45 billion, compared to ¥2.86 billion, indicating a growth of around 55.5%[19] - Total assets as of September 30, 2019, amounted to CNY 108,348,025,499.67, up from CNY 97,022,670,769.61 at the end of 2018[16] - The company's total liabilities reached ¥62,004,175,341.01, with non-current liabilities accounting for ¥6,973,504,943.80[34] Cash Flow and Investments - Net cash flow from operating activities for the year-to-date period was CNY 1.66 billion, up 9.38% year-on-year[4] - The net cash flow from operating activities for the first three quarters of 2019 was approximately ¥1.66 billion, compared to ¥1.52 billion in the same period of 2018, indicating a growth of 9.4%[27] - The net cash flow from investment activities was -CNY 626,501,131.36 in 2019, a decline from a positive cash flow of CNY 615,956,233.95 in 2018[30] - Investment cash outflow in the first three quarters of 2019 reached CNY 4,186,426,016.36, compared to CNY 1,754,305,267.69 in 2018, indicating a substantial increase of about 138%[30] - Financing cash inflow for the first three quarters of 2019 was CNY 1,384,180,079.17, up from CNY 691,455,253.61 in 2018, marking an increase of approximately 100%[31] Shareholder Information - The total number of shareholders at the end of the reporting period was 91,699[6] - The largest shareholder, China Chemical Engineering Group Co., Ltd., holds 37.08% of the shares[8] - Shareholders' equity increased to ¥36.83 billion from ¥35.02 billion, showing a growth of about 5%[17] - The total equity attributable to shareholders reached ¥34.65 billion, up from ¥32.84 billion, marking an increase of about 5.5%[17] Other Financial Metrics - The company reported non-recurring gains and losses totaling CNY 124.05 million for the year-to-date period[5] - The company reported a 40.35% decrease in taxes and surcharges to CNY 197,529,974.92, mainly due to a reduction in land value-added tax provisions[11] - Research and development expenses for Q3 2019 amounted to ¥802.86 million, a 28.2% increase compared to ¥626.01 million in Q3 2018[22] - Other income for Q3 2019 was ¥7.97 million, down 71.3% from ¥27.78 million in Q3 2018[23] - The company reported a comprehensive loss of $28.29 million[38]