HACL(SH:600598)2015-10-26 16:00Financial Performance - Operating revenue for the year-to-date was CNY 2,671,362,872.67, down 33.47% year-on-year[7] - Net profit attributable to shareholders of the listed company decreased by 30.87% to CNY 834,806,798.36[7] - Basic earnings per share were CNY 0.470, down 30.78% from CNY 0.679[7] - Total revenue for the period was RMB 267,136.29 million, a decrease of 33.47% compared to the previous period[15] - Net profit from investment decreased by RMB 66,983.21 million, down 97.46% year-on-year[16] - The company's cumulative net profit is expected to decrease significantly compared to the same period last year, primarily due to the disposal of a subsidiary and its negative net assets[23] - Total operating revenue for Q3 2015 was ¥748,181,222.22, a decrease of 2.0% compared to ¥769,698,238.40 in Q3 2014[37] - Net profit for Q3 2015 reached ¥207,934,291.84, up 23.0% from ¥169,101,398.64 in Q3 2014[38] - Operating profit for the first nine months of 2015 was ¥855,805,473.61, significantly higher than ¥227,293,449.69 in the same period last year[37] Assets and Liabilities - Total assets at the end of the reporting period were CNY 8,107,592,037.80, a decrease of 1.48% compared to the end of the previous year[7] - Net assets attributable to shareholders of the listed company increased by 2.46% to CNY 5,816,386,411.89[7] - Total assets as of September 30, 2015, amounted to approximately ¥8.21 billion, a slight increase from ¥8.18 billion at the beginning of the year[32] - Total liabilities as of September 30, 2015, amounted to 23.79 billion yuan, down from 25.90 billion yuan at the beginning of the year[28] - Current assets totaled approximately ¥4.12 billion, an increase of 6.6% from ¥3.86 billion at the beginning of the year[31] Cash Flow - Net cash flow from operating activities was CNY 1,226,979,698.19, a decline of 34.08% compared to the same period last year[7] - Cash inflow from operating activities totaled ¥3,117,268,646.64 for the first nine months of 2015, down from ¥5,165,681,808.61 in the previous year[41] - Cash outflow from operating activities totaled CNY 1,764,432,488.54, an increase from CNY 1,714,339,909.54 in the previous year[44] - The ending cash and cash equivalents balance was CNY 385,791,170.92, down from CNY 1,174,824,939.43 in the previous year[45] - Cash inflow from sales of goods and services reached CNY 2,509,313,963.98, an increase from CNY 2,345,233,957.13 in the previous year[44] Shareholder Information - The total number of shareholders at the end of the reporting period was 86,024[8] - The largest shareholder, Heilongjiang Beidahuang Agricultural Group, held 64.14% of the shares[9] Investment Activities - Long-term equity investments rose by RMB 5,672.23 million, an increase of 151.66%, due to the disposal of a 25.09% stake in a subsidiary[13] - Investment income for the first nine months of 2015 was a loss of ¥16,505,358.93, compared to a loss of ¥563,997,500.52 in the same period last year[37] - The company recorded a net cash outflow from investing activities of ¥1,194,066,243.37 for the first nine months of 2015, compared to a net outflow of ¥380,764,340.19 in the same period last year[41] Operating Costs and Expenses - Operating costs decreased by RMB 135,204.74 million, down 61.95%, primarily due to changes in the scope of consolidation[17] - Sales expenses decreased by RMB 2,736.76 million, a decline of 39.21%, mainly due to changes in the scope of consolidation[17] - The company reported a significant reduction in commission income, down 82.09% to RMB 62.30 million, due to cautious lending practices[15] - Financial expenses decreased by 60.73 million yuan, a decline of 115.18%, mainly due to changes in the scope of consolidation and the absence of bank loans at the headquarters[18] - Asset impairment losses decreased by 79.19 million yuan, a decline of 92.46%, primarily due to a reduction in the provision for bad debts[18]