HZIS(SH:600126)2018-10-29 16:00Financial Performance - Net profit attributable to shareholders rose by 35.01% to CNY 1.61 billion for the first nine months of the year[6]. - Basic earnings per share increased by 37.14% to CNY 0.48[6]. - The company reported a net asset return of 9.25%, an increase of 1.73 percentage points from the previous year[6]. - Total revenue for the third quarter was approximately ¥6.57 billion, a decrease of 13.4% compared to ¥7.68 billion in the same period last year[27]. - Net profit for the quarter was approximately ¥455.94 million, a decline of 45.5% from ¥837.76 million in the previous year[28]. - Total comprehensive income for the third quarter was approximately CNY 455.94 million, a decrease from CNY 837.76 million in the previous quarter[29]. - Net profit for the third quarter was CNY 23.33 million, down from CNY 29.26 million in the same period last year, representing a decline of about 20.5%[31]. - Operating revenue for the first nine months reached CNY 4.88 billion, with a consistent operating cost of CNY 4.88 billion, indicating no gross profit[30]. Cash Flow - Operating cash flow increased by 131.90% to CNY 3.39 billion year-to-date[6]. - Net cash flow from operating activities surged by 131.90% to ¥3,388,729,102.15, reflecting enhanced profitability and abundant cash flow[14]. - The net cash flow from operating activities for the first nine months was CNY 3.39 billion, an increase of approximately 132.5% compared to CNY 1.46 billion in the previous year[34]. - The net cash flow from financing activities was -146,463,380.21 CNY, compared to -2,683,218,545.57 CNY in the previous year[35]. - The net cash flow from operating activities was -20,747,166.52 CNY, an improvement from -160,810,108.27 CNY year-over-year[37]. - Cash inflow from operating activities was 37,301,623.29 CNY, while cash outflow was 58,048,789.81 CNY, resulting in a negative cash flow[37]. Assets and Liabilities - Total assets increased by 11.55% to CNY 27.28 billion compared to the end of the previous year[6]. - The total number of shareholders reached 42,690 by the end of the reporting period[9]. - The total liabilities increased to ¥8,917,815,820.08 from ¥7,716,474,788.98, indicating a rise in financial obligations[22]. - The total assets at the end of the period amounted to ¥14.53 billion, an increase from ¥14.47 billion at the beginning of the year[25]. - The total equity increased to approximately ¥14.52 billion from ¥14.44 billion at the beginning of the year, reflecting a growth of 0.5%[26]. Investment and Income - Long-term equity investments increased by 113.95% to CNY 18.27 million compared to the end of the previous year[11]. - Investment income increased by 57.59% to ¥42,260,530.06, driven by higher financial management returns and gains from the disposal of long-term equity investments[14]. - Investment income for the first nine months was CNY 33.82 million, a decrease from CNY 54.47 million in the previous year[30]. - The company received government subsidies totaling CNY 26.41 million year-to-date, contributing to non-operating income[7]. - The company received CNY 74.56 million in tax refunds during the first nine months, compared to CNY 33.49 million in the same period last year[34]. Expenses - Sales expenses increased by 47.03% to ¥16,748,087.53 compared to the same period last year, primarily due to increased warehousing and transportation costs of the subsidiary Hangang E-commerce[14]. - R&D expenses rose by 38.10% to ¥248,163,705.67, primarily due to increased product development investments by the subsidiary Ningbo Steel[17]. - Management expenses for the third quarter were CNY 3.07 million, an increase from CNY 1.56 million in the same period last year[30]. - Financial expenses decreased significantly, mainly due to increased interest income from self-owned funds deposited in banks[15]. - Tax and additional charges rose by 50.24% to ¥144,149,295.84, attributed to improved gross profit of the company's subsidiaries[15].