HDAA(SH:600316)2015-10-27 16:00Financial Performance - Net profit attributable to shareholders decreased by 29.99% to CNY 11,013,767.07 for the first nine months compared to the same period last year[7]. - Operating revenue for the first nine months decreased by 5.21% to CNY 1,569,928,367.32 compared to the same period last year[7]. - Basic earnings per share decreased by 29.68% to CNY 0.0154 compared to the same period last year[7]. - The company reported a total comprehensive loss of -¥149,512,514.64 for Q3 2015, contrasting with a comprehensive income of ¥66,696,686.75 in Q3 2014[30]. - Net profit for Q3 2015 was -¥3,717,958.09, compared to a profit of ¥2,195,192.36 in Q3 2014, indicating a significant decline[29]. - The company’s net profit for the first nine months of 2015 was ¥11,762,258.56, down 29.6% from ¥16,669,966.26 in the same period of 2014[29]. Assets and Liabilities - Total assets increased by 11.08% to CNY 9,898,992,244.92 compared to the end of the previous year[7]. - Total liabilities rose to CNY 4,887,670,551.70 from CNY 3,972,618,437.95, which is an increase of approximately 22.9%[21]. - Total assets decreased by 38.24% to RMB 359,433,879.93 from RMB 581,977,984.47 due to payments to suppliers[14]. - Current assets rose to CNY 5,821,566,770.22, up from CNY 5,249,822,955.57, indicating an increase of about 10.9%[20]. - Non-current assets totaled CNY 4,077,425,474.70, up from CNY 3,661,391,020.96, indicating an increase of approximately 11.4%[20]. - The total liabilities as of Q3 2015 amounted to ¥4,829,402,901.04, an increase from ¥3,887,286,815.31 in the previous year[28]. Cash Flow - The net cash flow from operating activities for the first nine months was CNY -589,533,531.36, an improvement from CNY -620,484,723.86 in the same period last year[7]. - Cash received from sales and services increased by 30.04% to RMB 1,484,745,962.03 from RMB 1,141,754,415.69, indicating improved cash flow[16]. - Cash inflow from investment activities was CNY 60,771,343.85, compared to CNY 17,124,327.34 in the previous year, indicating a significant increase[38]. - Cash outflow from investment activities totaled CNY 343,125,032.70, down from CNY 538,147,490.60 in the previous year[38]. - Cash inflow from financing activities was CNY 1,409,202,000.00, a substantial increase from CNY 485,000,000.00 in the same period last year[38]. - The net cash flow from operating activities was -¥588,113,894.43, slightly improved from -¥614,152,927.10 in the same period last year[42]. Shareholder Information - The total number of shareholders at the end of the reporting period was 61,844[11]. - The largest shareholder, China Aviation Technology Industry Company, holds 43.77% of the shares[11]. Operational Efficiency - The company is focusing on improving its operational efficiency and exploring new market opportunities[9]. - Management expenses rose by 37.89% to RMB 123,210,010.20 from RMB 89,352,331.01, due to increased research and development costs[15]. - Financial expenses surged by 777.57% to RMB 32,986,894.46 from RMB 3,758,910.96, primarily due to increased interest payments[15]. - The company reported a significant increase in cash payments to employees by 10.07% to RMB 545,909,371.87 from RMB 495,969,955.12, reflecting rising labor costs[16].