HZIS(SH:600126)2014-10-24 16:00Financial Performance - Operating revenue for the first nine months was CNY 11,498,137,329.38, a decline of 9.52% year-on-year[8] - Net profit attributable to shareholders of the listed company was CNY 5,057,751.62, a turnaround from a loss of CNY 31,293,494.78 in the previous year[8] - Basic earnings per share improved to CNY 0.01 from a loss of CNY 0.04 per share in the same period last year[9] - The weighted average return on net assets was 0.15%, compared to -0.96% in the previous year[9] - The net profit after deducting non-recurring gains and losses was CNY 468,172.57, recovering from a loss of CNY 35,446,890.74 in the previous year[8] - The company's operating profit for the current period is 30,606,609.16 RMB, a significant improvement from a loss of 6,336,751.90 RMB in the same period last year[16] - Net profit attributable to the parent company is 5,057,751.62 RMB, recovering from a loss of 31,293,494.78 RMB year-on-year[16] - Net profit for Q3 2014 was ¥450,267.22, significantly lower than ¥44,702,491.43 in Q3 2013, indicating a decline of over 99%[40] - The total equity attributable to shareholders was ¥2,763,933,976.24 in Q3 2014, down from ¥2,814,785,759.97 in Q3 2013, a decrease of approximately 1.8%[37] Cash Flow and Financing - Net cash flow from operating activities increased significantly by 2,988.85% to CNY 770,692,177.26 compared to the same period last year[8] - Cash flow from operating activities has increased significantly to 770,692,177.26 RMB, up 2,988.85% compared to 24,950,757.04 RMB in the previous year[21] - The company's net cash flow from financing activities has decreased to -809,844,391.58 RMB from -57,275,625.88 RMB year-on-year[19] - The company reported a net cash outflow from financing activities of -809,844,391.58 RMB, compared to -57,275,625.88 RMB in the same period last year, indicating increased financial strain[47] - The company received 1,638,000,000.00 RMB in borrowings during the first nine months of 2014, an increase from 1,005,000,000.00 RMB in the same period last year, indicating a reliance on debt financing[47] Assets and Liabilities - Total assets decreased by 8.51% to CNY 7,836,616,103.51 compared to the end of the previous year[8] - The company's total assets decreased from CNY 8,565,571,624.24 at the beginning of the period to CNY 7,836,616,103.51[33] - The company's total liabilities decreased from CNY 4,944,503,541.34 to CNY 4,213,128,693.95[33] - The company's net assets attributable to shareholders decreased slightly by 0.10% to CNY 3,301,822,539.12 compared to the end of the previous year[8] - The company's equity attributable to shareholders decreased slightly from CNY 3,305,154,175.00 to CNY 3,301,822,539.12[33] Shareholder Information - Total number of shareholders at the end of the reporting period is 38,412[13] - The largest shareholder, Hangzhou Steel Group, holds 545,892,750 shares, accounting for 65.07% of total shares[13] Operational Efficiency - The company reported a significant decrease in other current assets due to the absence of deductible VAT input tax at the end of the reporting period[23] - Total operating revenue for Q3 2014 was ¥3,655,567,135.29, a decrease of 20% compared to ¥4,570,098,670.80 in Q3 2013[38] - Total operating costs for Q3 2014 were ¥3,650,746,419.11, down from ¥4,566,830,524.70 in the same period last year, reflecting a 20% reduction[38] - The inventory level decreased to ¥1,594,327,963.13 in Q3 2014 from ¥1,966,129,704.72 in Q3 2013, a reduction of about 19%[36] - The company recorded an operating profit of ¥4,726,973.75 in Q3 2014, a significant drop from ¥44,372,160.62 in Q3 2013[40] Investment Performance - The company reported a total of CNY 688,649.80 in non-recurring gains for the current period[12] - Investment income cash received increased by 80.01% to 74,127,225.00 RMB from 41,180,000.00 RMB year-on-year[21] - The company reported an increase in cash received from investment income to 89,364,790.60 RMB, up from 48,680,000.00 RMB year-over-year, reflecting improved investment performance[50]