MCC(SH:601618)2019-10-30 16:00Financial Performance - Operating revenue for the first nine months increased by 25.87% to CNY 228,084,956,000 compared to the same period last year[6]. - Net profit attributable to shareholders increased by 7.15% to CNY 4,034,802,000 compared to the same period last year[6]. - Basic earnings per share increased by 5.56% to CNY 0.19 compared to the same period last year[6]. - Total operating revenue for Q3 2019 reached CNY 69,067,577, a 25.4% increase from CNY 55,088,834 in Q3 2018[24]. - Net profit for Q3 2019 was CNY 1,150,262, representing a 13.6% increase compared to CNY 1,012,409 in Q3 2018[25]. - The company reported a total profit of CNY 1,606,811 for Q3 2019, which is a 32.0% increase from CNY 1,217,292 in Q3 2018[25]. - The company has not indicated any expected significant changes in net profit compared to the same period last year[14]. Assets and Liabilities - Total assets increased by 4.17% to CNY 457,220,528,000 compared to the end of the previous year[6]. - The total liabilities stood at CNY 352,057,659 thousand, compared to CNY 339,420,571 thousand at the end of 2018, indicating an increase of approximately 3.8%[16]. - Total current liabilities increased to ¥306,873,457 from ¥296,985,847, reflecting a growth of approximately 0.3%[18]. - Total non-current liabilities decreased to ¥36,536,456 from ¥39,260,552, indicating a reduction of about 6.9%[18]. - The company reported a significant increase in contract assets, which rose to CNY 77,222,445 thousand from CNY 66,719,549 thousand, marking an increase of approximately 15.5%[16]. Cash Flow - Cash flow from operating activities showed a net outflow of CNY 10,634,670,000, worsening from a net outflow of CNY 7,305,722,000 in the same period last year[6]. - The net cash flow from operating activities was CNY 463,993 thousand, a significant recovery from a loss of CNY 876,157 thousand in the previous year[31]. - Cash received from sales of goods and services in the first three quarters of 2019 was CNY 211,511,953,000, an increase from CNY 180,035,056,000 in the same period of 2018[29]. - Cash outflow for purchasing goods and services in the first three quarters of 2019 was CNY 193,772,253,000, up from CNY 159,034,917,000 in the same period of 2018[29]. - The company reported a financial expense of CNY 189,932,000 in Q3 2019, significantly reduced from CNY 377,147,000 in Q3 2018[27]. Shareholder Information - The total number of shareholders at the end of the reporting period was 420,159[8]. - The largest shareholder, Metallurgical Corporation of China Group, held 55.53% of the shares[8]. - The company's shareholding ratio decreased from 56.18% to 55.53% after subscribing to the central enterprise innovation-driven ETF fund[9]. Research and Development - Research and development expenses rose by 93.37% to RMB 5,958.4 million year-to-date[10]. - Research and development expenses for Q3 2019 amounted to CNY 2,241,632, a significant increase of 37.2% from CNY 1,633,492 in Q3 2018[24]. - Future outlook includes continued investment in R&D to drive innovation and market competitiveness[24]. Government and Financial Support - Government subsidies recognized in the current period amounted to CNY 72,015,000 for the first nine months[7]. - The company reported a total of CNY 4,898,000 in gains from changes in fair value of financial assets for the first nine months[7].