HT-SAAE(SH:600151)2016-10-28 16:00Financial Performance - Operating revenue for the first nine months reached CNY 3.55 billion, a 59.67% increase from the same period last year[7] - Net profit attributable to shareholders was CNY 93.47 million, a significant recovery from a loss of CNY 12.47 million in the previous year[7] - The company's total profit for the first three quarters was CNY 98,499,746.77, a significant recovery from a total loss of CNY 16,729,727.22 in the previous year[42] - The net profit attributable to shareholders of the parent company for the first three quarters was CNY 93,470,235.97, compared to a net loss of CNY 12,466,454.69 in the same period last year[42] - The company reported a net profit of CNY 31,625,917.20 for the year-to-date, compared to a net profit of CNY 143,293,065.06 in the previous year, reflecting a decrease of about 77.9%[36] Assets and Liabilities - Total assets increased by 28.21% to CNY 13.85 billion compared to the end of the previous year[7] - The total current liabilities stood at CNY 4.99 billion, compared to CNY 4.30 billion at the beginning of the year, reflecting an increase of about 16%[31] - Total liabilities increased significantly, with accounts payable rising by 41.51% to CNY 2,106,975,250.74, largely due to the consolidation of Shanghai Aisida Company[19] - The company's total assets as of September 30, 2016, amounted to CNY 8,767,253,835.19, compared to CNY 6,312,516,782.95 at the beginning of the year, reflecting a growth of approximately 38.9%[36] Cash Flow - Cash flow from operating activities turned positive with a net amount of CNY 58.18 million, compared to a negative cash flow of CNY 33.43 million last year[7] - The net cash flow from operating activities improved by 274.04% to CNY 58,176,210.17, primarily due to increased recovery of EPC payments[22] - The company reported a total cash inflow from financing activities of CNY 4,017,317,944.98, significantly higher than CNY 1,875,744,898.59 in the previous year[48] - The cash outflow from investment activities was CNY 1,873,309,745.87, compared to CNY 1,725,491,378.03 in the same period last year, indicating an increase in investment spending[48] Shareholder Information - The total number of shareholders reached 132,823 by the end of the reporting period[10] - The largest shareholder, Shanghai Aerospace Industry Group, holds 28.34% of the shares, totaling 406,499,855 shares[10] Expenses - Operating costs increased by 51.31% to ¥2,875,574,200.17 from ¥1,900,511,604.89, in line with the rise in operating revenue[15] - The company's sales expenses rose by 76.57% to ¥108,780,605.52, attributed to increased shipping costs due to higher sales volume and the inclusion of Shanghai Aisida in the consolidated financial statements[15] - Management expenses increased by 51.74% to ¥364,334,368.05, driven by the consolidation of Shanghai Aisida and increased costs at the parent company[15] Investments - Investment income decreased by 35.64% to ¥87,577,006.89 from ¥136,064,091.25, as there were no gains from the transfer of power stations during the period[15] - Long-term equity investments decreased by 80.26% to CNY 65,876,366.34, due to the consolidation of Shanghai Aisida Company[19] - The company reported a significant decrease in accounts receivable, with a decline of 82.67% in the balance due to changes in subsidiaries' operations[17] Future Plans - The company plans to continue expanding its market presence and product offerings, focusing on renewable energy solutions and strategic acquisitions[24] - The company plans to increase its shareholding in the market within the next six months, with a total investment not exceeding CNY 1 billion[25] - The company has committed to maintaining its operational independence post-transaction, ensuring no misuse of funds or assets[25]