TYHI(SH:600169)2018-11-14 16:00Financial Performance - Operating revenue decreased by 9.35% to CNY 4,154,798,130.11 for the period from January to September[7] - Net profit attributable to shareholders decreased by 62.35% to CNY 6,525,329.63 for the same period[7] - The basic earnings per share decreased by 63.24% to CNY 0.0025[10] - The net profit for Q3 2018 was 5,518,734.62, representing a decline of 16.15% year-over-year[25] - The company reported a total comprehensive income of 4,932,608.73 for Q3 2018, down 16.23% year-over-year[26] - The company reported a total comprehensive loss of approximately ¥27.25 million for Q3 2018, compared to a loss of ¥8.64 million in Q3 2017[29] Cash Flow - Cash flow from operating activities showed a significant decline of 96.46%, amounting to CNY 19,182,584.65[7] - Cash flow from operating activities for the first nine months of 2018 was approximately ¥19.18 million, a significant decrease from ¥541.62 million in the same period last year[30] - The net cash flow from operating activities for the first nine months of 2018 was -694,339,701.55 RMB, compared to 1,912,546,615.12 RMB in the same period last year[32] - Total cash inflow from operating activities was 6,030,473,720.40 RMB, an increase from 5,537,166,032.47 RMB year-on-year[32] - Cash outflow from operating activities increased significantly to 6,724,813,421.95 RMB, compared to 3,624,619,417.35 RMB in the previous year[32] - The net cash flow from financing activities was 731,032,472.64 RMB, a recovery from -1,601,856,718.20 RMB in the previous year[33] Assets and Liabilities - Total assets increased by 7.30% to CNY 32,626,722,605.44 compared to the end of the previous year[7] - Current liabilities rose to ¥23,866,224,446.90, compared to ¥21,061,618,278.27, marking an increase of 13.39%[19] - Total liabilities increased to ¥28,456,918,484.40 from ¥26,241,722,938.08, representing an increase of 8.45%[19] - The total assets as of September 30, 2018, amounted to CNY 24,469,154,221.18, up from CNY 24,284,253,689.55 at the beginning of the year[21] - The total liabilities as of September 30, 2018, were CNY 20,433,236,725.75, an increase from CNY 20,201,955,998.88 at the beginning of the year[21] Shareholder Information - The number of shareholders reached 147,263 at the end of the reporting period[10] - The largest shareholder, Taiyuan Heavy Machinery (Group) Manufacturing Co., Ltd., holds 25.84% of the shares[10] Income and Expenses - Non-operating income for the first nine months totaled CNY 34,559,493.07, with government subsidies contributing CNY 34,368,860.73[9] - The company reported a debt restructuring loss of CNY 2,148,765.55 during the period[9] - The company reported a decrease in other income to ¥34,368,860.73 from ¥50,868,780.04, a drop of 32.44%[18] - Research and development expenses amounted to 66,475,290.24, down 16.41% from the previous year[24] - The financial expenses for the quarter were 563,445,128.47, an increase of 11.57% compared to the previous year[24] - The company’s tax expenses for Q3 2018 were 19,556,135.12, an increase of 14.43% year-over-year[25] Inventory and Investments - Inventory levels rose to ¥9,229,473,843.68, up from ¥8,230,794,190.42, indicating an increase of 12.14%[18] - Long-term investments in equity reached CNY 3,240,469,504.18, a slight increase from CNY 3,237,469,504.18 at the beginning of the year[21] - The company reported a decrease in accounts receivable to CNY 6,173,162,870.82 from CNY 7,130,623,572.96, a decline of approximately 13.4%[21]