Henan Zhongfu Industrial (SH:600595)2017-10-30 16:00Financial Performance - Net profit attributable to shareholders was CNY 137,424,557.13, representing a decline of 20.81% year-on-year [5]. - Operating revenue for the first nine months was CNY 9,298,529,413.03, down 12.91% from the same period last year [5]. - Basic and diluted earnings per share were both CNY 0.08, a decrease of 20.00% compared to the previous year [5]. - The company reported a significant decrease in net profit after deducting non-recurring gains and losses, which was CNY 6,881,240.81, down 93.34% year-on-year [5]. - Total operating revenue for the period was CNY 3,497,420,832.31, a decrease of 1.3% compared to CNY 3,543,705,676.47 in the same period last year [24]. - Net profit for the period reached CNY 94,725,918.90, up 13.5% from CNY 83,354,005.07 in the same period last year [25]. - The total profit for the period was CNY 114,800,994.08, an increase of 6.5% from CNY 108,240,791.21 in the same period last year [25]. - The company reported a significant increase in investment income, reaching CNY 28,689,514.95 compared to a loss of CNY 2,963,322.69 in the previous year [24]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 26,171,233,618.57, a decrease of 0.71% compared to the end of the previous year [5]. - Current liabilities totaled CNY 11,331,900,404.21, down from CNY 15,726,100,274.78, indicating a reduction of about 28.00% [17]. - Non-current liabilities increased to CNY 8,917,716,646.73 from CNY 4,769,455,919.69, representing a significant rise of approximately 87.00% [18]. - The company's total liabilities reached CNY 20,249,617,050.94, slightly down from CNY 20,495,556,194.47, a decrease of about 1.20% [18]. - Owner's equity totaled CNY 5,921,616,567.63, an increase from CNY 5,862,754,321.19, reflecting a growth of approximately 1.00% [18]. Cash Flow - Net cash flow from operating activities for the first nine months was CNY 1,297,527,511.97, a decrease of 1.41% year-on-year [5]. - Cash and cash equivalents decreased to CNY 1,424,074,969.05 from CNY 2,013,787,708.05, a decline of about 29.00% [21]. - The company’s cash and cash equivalents at the end of the period were ¥622,601,687.85, down from ¥1,720,188,084.23 at the end of the previous year [35]. - Operating cash inflow for the period reached ¥12,049,093,084.40, an increase of 8.25% compared to ¥11,130,348,358.67 in the previous year [38]. - Net cash flow from operating activities was ¥2,351,591,968.54, up from ¥1,998,779,394.44, reflecting a growth of 17.65% [38]. Shareholder Information - The total number of shareholders at the end of the reporting period was 105,725 [7]. - The largest shareholder, Henan Yulian Energy Group, held 53.86% of the shares, with 938,060,083 shares pledged [8]. Legal and Regulatory Matters - The company is involved in a legal dispute with Zhuhai Hongfan Nonferrous Metal Chemical Co., Ltd. regarding a claim for CNY 51 million in payment [12]. - The company is preparing for a non-public stock issuance approved by the China Securities Regulatory Commission on August 21, 2017 [13]. - The company plans to issue up to CNY 2 billion in non-public corporate bonds to repay loans and supplement working capital [14]. Operational Costs - Total operating costs amounted to CNY 3,514,351,725.04, an increase of 2.2% from CNY 3,439,604,091.00 in the previous year [24]. - Sales expenses increased to CNY 18,632,372.82, up 42.5% from CNY 13,092,990.73 in the same period last year [24]. - Management expenses decreased to CNY 68,135,142.12, down 5.3% from CNY 72,062,530.66 in the previous year [24]. - The company recorded a tax expense of CNY 20,075,075.18, a decrease of 19.5% from CNY 24,886,786.14 in the previous year [25].