CEA(600115)2023-10-27 16:00Revenue and Profit Performance - Revenue for the reporting period increased by 118.92% year-on-year to RMB 36,113 million[4] - Cumulative revenue from the beginning of the year to the reporting period increased by 138.60% year-on-year to RMB 85,538 million[4] - Net profit attributable to shareholders of the listed company for the reporting period was RMB 3,642 million[4] - Net profit attributable to shareholders of the listed company from the beginning of the year to the reporting period was a loss of RMB 2,607 million[4] - Total revenue for the first three quarters of 2023 reached RMB 85,538 million, a significant increase from RMB 35,850 million in the same period of 2022[14] - Net profit for the first three quarters of 2023 was a loss of RMB 2,570 million, improving from a loss of RMB 29,934 million in the same period of 2022[15] Asset and Liability Changes - Total assets at the end of the reporting period decreased by 1.29% compared to the end of the previous year to RMB 282,069 million[5] - Equity attributable to shareholders of the listed company at the end of the reporting period decreased by 9.21% compared to the end of the previous year to RMB 26,401 million[5] - Total assets as of September 30, 2023, were RMB 282,069 million, slightly down from RMB 285,742 million at the end of 2022[12] - Short-term borrowings decreased to RMB 29,816 million as of September 30, 2023, from RMB 49,229 million at the end of 2022[12] - Total liabilities as of September 30, 2023, were RMB 254,610 million, slightly down from RMB 255,641 million at the end of 2022[12] - The company's total equity as of September 30, 2023, was RMB 27,459 million, down from RMB 30,101 million at the end of 2022[13] Return on Equity (ROE) - Weighted average return on equity (ROE) for the reporting period increased by 48.24 percentage points[6] - Weighted average ROE from the beginning of the year to the reporting period increased by 65.80 percentage points[6] Shareholding and Investment Plans - The company plans to increase its shareholding in A-shares and H-shares by no less than RMB 500 million and no more than RMB 1 billion within 12 months starting from September 12, 2023[9] - The company's controlling shareholder, China Eastern Air Holding Co., Ltd., and its wholly-owned subsidiary, China Eastern Air Holding (Hong Kong) Limited, plan to increase their shareholding in the company[9] - The company plans to purchase 100 C919 aircraft from COMAC, with the agreement signed on September 28, 2023[10] Cash Flow and Financing Activities - Cash and cash equivalents stood at RMB 13,327 million as of September 30, 2023, down from RMB 17,553 million at the end of 2022[11] - The company received RMB 63,500 million from borrowings in the first nine months of 2023, compared to RMB 110,102 million in the same period of 2022[18] - Cash received from sales of goods and services was 93,025 million, a significant increase from 37,258 million in the previous period[19] - Net cash flow from operating activities was 26,294 million, compared to -260 million in the previous period[19] - Cash paid for employee compensation was 17,742 million, up from 15,570 million[19] - Cash paid for taxes was 2,061 million, compared to 707 million in the previous period[19] - Net cash flow from investing activities was -10,443 million, compared to -4,185 million[19] - Net cash flow from financing activities was -20,082 million, compared to 15,045 million[19] - Total cash outflow for financing activities was 83,582 million, down from 95,057 million[19] - Net increase in cash and cash equivalents was -4,228 million, compared to 10,611 million in the previous period[20] - Ending cash and cash equivalents balance was 13,313 million, down from 23,561 million[20] Operating Costs - Operating costs for the first three quarters of 2023 amounted to RMB 92,563 million, compared to RMB 68,218 million in the same period of 2022[14]