航发控制(000738) - 2019 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders increased by 10.67% to CNY 73,282,090.53 for the reporting period[3] - Operating revenue for the reporting period reached CNY 709,151,516.98, representing a growth of 21.93% year-on-year[3] - Basic earnings per share rose by 10.73% to CNY 0.0640[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 4.36% to CNY 60,922,481.70[3] - The weighted average return on equity was 1.32%, an increase of 0.07% compared to the previous year[3] - The company reported a net profit margin improvement, although specific figures were not disclosed in the provided data[25] - The net profit for the third quarter of 2019 was CNY 70,528,568.30, an increase of 8.8% compared to CNY 65,093,960.29 in the same period last year[26] - The total profit for the quarter was CNY 78,045,334.26, up from CNY 76,935,701.43, reflecting a growth of 1.4% year-over-year[26] - The operating profit for the quarter was CNY 78,523,682.89, compared to CNY 76,399,803.84 in the previous year, indicating an increase of 2.8%[26] - The basic and diluted earnings per share for the quarter were both CNY 0.0640, up from CNY 0.0578 in the same quarter last year, representing a growth of 4.0%[28] - The investment income for the quarter was CNY 407,809.22, an increase from CNY 296,128.14 in the previous year, showing a growth of 37.7%[29] - The total profit for the period was ¥286,829,126.03, an increase of 6.2% from ¥268,109,797.85 in the prior year[32] Assets and Liabilities - Total assets increased by 7.80% to CNY 7,824,258,458.73 compared to the end of the previous year[3] - The company's total liabilities as of September 30, 2019, amounted to ¥1,939,054,364.39, up from ¥1,590,935,176.80, indicating a growth of 21.8%[22] - The total assets of the company reached ¥4,437,072,411.76, compared to ¥4,328,262,683.42 at the end of 2018, reflecting an increase of 2.5%[24] - The company's total assets were valued at CNY 7,257,984,571.94, reflecting a solid asset base[47] - Total current assets amounted to CNY 4,330,510,675.60, with cash and cash equivalents at CNY 1,137,940,307.56[45] - The company has a long-term equity investment valued at approximately CNY 3.93 billion[48] - The company reported a long-term payable of CNY -370,025,243.80, indicating a potential asset management strategy[46] - Deferred income was recorded at CNY 294,261,782.13, which may impact future revenue recognition[47] Cash Flow - Net cash flow from operating activities improved significantly to CNY 6,848.66 million, an increase of CNY 29,136 million compared to the same period last year[9] - The company reported a 502.82% increase in net cash flow from financing activities to CNY 13,066.73 million, primarily due to a net increase in borrowings[9] - Operating cash inflow for the current period was CNY 1,582,767,542.32, an increase from CNY 1,291,410,497.69 in the previous period, representing a growth of approximately 22.5%[38] - Net cash flow from operating activities for the current period was CNY 68,486,550.12, a significant recovery from a negative cash flow of CNY -298,149,804.68 in the previous period[39] - Cash inflow from financing activities was CNY 587,254,350.06, up from CNY 400,344,449.60 in the previous period, marking a rise of approximately 46.7%[40] - The ending cash and cash equivalents balance was CNY 983,685,490.91, down from CNY 1,375,197,309.98 in the previous period, reflecting a decrease of about 28.5%[40] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 79,812[6] - The largest shareholder, China Aviation Engine Control Co., Ltd., held 22.70% of the shares[6] - No repurchase agreements were conducted by the top ten shareholders during the reporting period[7] - The company plans to reduce shares by up to 19.42 million shares, representing 1.70% of total share capital[11] - The total equity attributable to shareholders was CNY 5,357,043,681.48, indicating robust shareholder value[47] Expenses - Development expenses increased by 48.52% to CNY 313.35 million, reflecting higher R&D spending[9] - Total operating costs for Q3 2019 were ¥637,898,080.63, up from ¥506,986,370.56, reflecting a year-over-year increase of 25.7%[25] - Research and development expenses increased to ¥45,777,940.08, compared to ¥34,465,342.70 in the previous year, marking a rise of 32.9%[25] - The management expenses for the quarter were CNY 3,451,561.05, slightly up from CNY 3,411,425.20, reflecting an increase of 1.2%[29] - The company incurred a financial expense of CNY -498,927.07, a significant decrease from CNY -2,408,163.05 in the previous year, showing an improvement of 79.2%[29] Other Income - The company received government subsidies amounting to CNY 44,388,359.04 during the reporting period[4] - Other income surged by 331.82% to CNY 4,438.84 million, driven by increased government subsidies[9] - Other income for the period was ¥44,388,359.04, significantly higher than ¥10,279,447.17 in the previous period[31]