HZIS(SH:600126)2017-10-27 16:00Financial Performance - Operating revenue for the first nine months reached CNY 20.45 billion, a 45.91% increase year-on-year[7] - Net profit attributable to shareholders for the third quarter was CNY 1.19 billion, up 124.92% compared to the same period last year[8] - Basic earnings per share increased by 64.29% to CNY 0.46 per share[8] - The company's operating revenue for Q3 2017 was CNY 20,454,313,406.72, representing a 45.91% increase compared to CNY 14,018,616,433.10 in the same period last year[15] - The net profit attributable to the parent company reached CNY 1,189,056,427.48, a significant increase of 124.92% from CNY 528,656,859.94 in the previous year[15] - Total operating revenue for Q3 2017 reached ¥7,675,244,116.08, a 64.3% increase from ¥4,665,588,271.78 in Q3 2016[29] - Net profit for Q3 2017 was ¥837,757,083.37, compared to ¥193,623,261.36 in Q3 2016, representing a significant increase of 333.5%[30] - The total profit for the first nine months of 2017 was ¥1,233,110,692.93, compared to ¥552,660,588.37 for the same period in 2016, reflecting a 123.5% increase[30] Cash Flow - Cash flow from operating activities for the first nine months was CNY 2.07 billion, a decrease of 2.50% year-on-year[7] - Cash flow from operating activities for the first nine months of 2017 was ¥23.81 billion, up from ¥16.07 billion in the same period last year, indicating a growth of 48.5%[37] - The company reported a net cash outflow from investing activities of CNY -351,623,056.09, a decrease of 118.25% compared to CNY 1,927,074,844.51 in the previous year[15] - Cash flow from investing activities for the first nine months of 2017 resulted in a net outflow of approximately ¥351.62 million, compared to a net inflow of ¥1.93 billion in the previous year[38] - Cash flow from financing activities for the first nine months of 2017 showed a net outflow of approximately ¥3.18 billion, compared to a net outflow of ¥978.64 million in the previous year[38] Assets and Liabilities - Total assets decreased by 4.82% to CNY 24.77 billion compared to the end of the previous year[7] - Current liabilities decreased from CNY 9.72 billion to CNY 7.82 billion, a reduction of about 19.5%[22] - Total liabilities decreased from CNY 10.52 billion to CNY 8.64 billion, a decline of approximately 17.9%[23] - Owner's equity increased from CNY 15.50 billion to CNY 16.13 billion, reflecting a growth of about 4.1%[23] - The total non-current assets decreased from CNY 10.14 billion to CNY 10.12 billion, a slight decline of about 0.2%[26] Shareholder Information - The company had a total of 45,320 shareholders at the end of the reporting period[9] - The top shareholder, Hangzhou Steel Group, holds 44.69% of the shares[9] Expenses - Operating cost increased to CNY 18,645,669,026.77, up 45.63% from CNY 12,803,126,727.82 year-on-year[15] - Financial expenses decreased by 61.55% to CNY 54,428,373.12 from CNY 141,568,496.41 in the previous year[15] - The company’s management expenses for Q3 2017 were ¥166,677,168.70, slightly up from ¥150,920,508.05 in Q3 2016[29] - The financial expenses decreased to ¥14,864,322.21 in Q3 2017 from ¥26,684,007.54 in the same period last year, indicating improved cost management[29] Other Financial Metrics - The weighted average return on equity increased by 4.04 percentage points to 7.52%[8] - Non-operating income for the first nine months totaled CNY 30.04 million, with significant contributions from government subsidies[8] - The company reported an investment income of ¥15,117,578.23 in Q3 2017, a significant recovery from a loss of ¥1,180,243.02 in the same quarter last year[29] - The total comprehensive income for Q3 2017 was ¥29.26 million, consistent with the net profit figure[35]