HACL(SH:600598)2014-10-30 16:00Financial Performance - Net profit attributable to shareholders increased by 1114.67% to CNY 1,207,583,239.03 for the first nine months of the year[8] - Basic earnings per share rose by 1112.50% to CNY 0.679[8] - The company reported a net profit of CNY 741,642,397.93, compared to a loss of CNY 464,910,942.53 at the beginning of the year, indicating a turnaround in profitability[37] - Net profit attributable to shareholders was CNY 216,248,107.09, up from CNY 52,438,649.27 in the previous year, reflecting a growth of approximately 312.5%[44] - The company reported a total profit of CNY 205,232,604.26, compared to CNY 27,781,713.36 in Q3 2013, an increase of approximately 639.5%[44] - The total comprehensive income for the period was CNY 205,800,660.00, compared to CNY 27,742,499.31 in the previous year, reflecting an increase of approximately 641.5%[44] Revenue and Costs - Operating revenue decreased by 40.86% to CNY 4,015,020,746.30 for the first nine months compared to the same period last year[8] - Total operating revenue for Q3 2014 was CNY 850,836,006.24, a decrease from CNY 1,858,969,973.69 in the same period last year, representing a decline of approximately 54.4%[43] - Total operating costs for the period were CNY 685,752,859.27, down from CNY 1,790,797,199.30 in Q3 2013, a decrease of approximately 61.7%[43] - Cash inflow from financing activities was CNY 212,644,425.90, significantly lower than CNY 4,388,074,784.75 in the same period last year[51] Cash Flow - Net cash flow from operating activities increased by 28.79% to CNY 1,861,209,371.96 for the first nine months[8] - The net cash flow from operating activities for the first nine months was CNY 1,861,209,371.96, an increase of 29% compared to CNY 1,445,182,999.00 in the same period last year[50] - The net cash flow from investing activities decreased by ¥27,615.06 million, primarily due to cash payments for the acquisition of Heilongjiang Baoquanling Agricultural Reclamation Sifangshan Graphite Industry Co., Ltd.[22] - The net cash flow from financing activities increased by ¥14,058.36 million, mainly due to a decrease in net repayment of bank loans and a reduction in interest payments year-on-year[23] - The net cash flow from investment activities was -CNY 380,764,340.19, worsening from -CNY 104,613,704.56 year-on-year[51] - The net cash flow from financing activities was -CNY 1,628,599,647.61, compared to -CNY 1,769,183,234.64 in the previous year[51] Assets and Liabilities - Total assets decreased by 35.08% to CNY 8,993,913,637.14 compared to the end of the previous year[8] - The total current assets decreased from CNY 7,717,164,063.61 at the beginning of the year to CNY 4,003,378,762.38, a decline of approximately 48.3%[35] - The total non-current assets decreased from CNY 6,135,791,119.06 to CNY 4,990,534,874.76, representing a decrease of about 18.7%[36] - The total current liabilities decreased from CNY 8,532,712,082.37 to CNY 2,759,422,278.93, a decline of about 67.6%[37] - The total liabilities decreased from CNY 8,861,386,208.88 to CNY 2,916,375,544.06, a reduction of approximately 67.1%[37] - The total equity attributable to shareholders increased from CNY 4,884,568,553.90 to CNY 6,078,789,982.32, an increase of about 24.4%[37] Shareholder Information - The total number of shareholders reached 104,393 by the end of the reporting period[10] - The largest shareholder, Heilongjiang Beidahuang Agricultural Group, holds 64.14% of the shares[10] Other Financial Metrics - The weighted average return on net assets increased to 22.00%, up by 20.12 percentage points from the previous year[8] - The company reported a total of CNY 39,992,482.33 in non-recurring gains and losses for the current period[9] - Investment income increased by 68.62 million yuan, up 62989.3%, mainly due to the negative net assets of the rice company after its disposal[20] - Other non-current assets increased by 301.90 million yuan, up 712.8%, mainly due to the acquisition of exploration rights for a graphite industry company[16]