HACL(SH:600598)2016-10-27 16:00Financial Performance - Revenue decreased by 11.25% to CNY 2,370,904,341.02 for the period from January to September compared to the same period last year[6] - Net profit attributable to shareholders decreased by 4.58% to CNY 796,531,528.10 for the period from January to September[6] - Basic and diluted earnings per share decreased by 4.68% to CNY 0.448[7] - Total operating revenue for Q3 2016 was approximately ¥689.73 million, a decrease of 12.0% compared to ¥783.40 million in Q3 2015[33] - Total profit for the first nine months of 2016 reached approximately ¥780.46 million, down 4.8% from ¥819.22 million in the same period last year[34] - The net profit for Q3 2016 was CNY 218,028,255.76, an increase from CNY 207,934,291.84 in the same period last year, representing a growth of approximately 0.45%[38] - The total comprehensive income for Q3 2016 was CNY 218,028,255.76, slightly higher than CNY 211,171,378.84 in the previous year, indicating a growth of approximately 3.9%[39] Assets and Liabilities - Total assets increased by 9.71% to CNY 7,937,249,202.10 compared to the end of the previous year[6] - Total liabilities increased to CNY 2,153,534,862.60 from CNY 1,708,259,899.28, representing a rise of 25.9%[25] - Current liabilities totaled CNY 2,130,434,920.99, up from CNY 1,687,101,953.30, indicating a growth of 26.2%[25] - Non-current liabilities amounted to CNY 23,099,941.61, compared to CNY 21,157,945.98, showing an increase of 9.2%[25] - The company's equity attributable to shareholders rose to CNY 5,904,355,903.76 from CNY 5,630,570,789.44, an increase of 4.8%[25] Cash Flow - Operating cash flow increased by 33.10% to CNY 1,633,052,451.40 for the period from January to September[6] - Net cash flow from operating activities increased by 40.61 million yuan, a growth of 33.10%, mainly due to increased land contract fee collections[17] - The net cash flow from operating activities for the first nine months was CNY 1,633,052,451.40, up from CNY 1,226,979,698.19 in the same period last year, reflecting a significant increase of approximately 33%[42] - Cash flow from investment activities improved by 811.82 million yuan, mainly due to reduced net investments in structured deposits and government bonds[17] - The company reported a total cash inflow from investment activities of CNY 2,901,283,855.70, compared to CNY 1,062,191,138.09 in the previous year, marking an increase of about 173%[42] - Cash inflow from financing activities was ¥25,499,000.00, a significant increase from ¥3,358,278.33 in the previous year[46] Inventory and Receivables - Accounts receivable decreased by 34.08 million yuan, a decline of 36.50%, primarily due to the recovery of debts from subsidiaries[12] - Inventory decreased significantly to CNY 59,479,463.76 from CNY 281,506,688.87, a decline of 78.8%[28] Operating Costs and Expenses - Operating costs decreased by 272.63 million yuan, a decline of 32.83%, attributed to reduced sales scale and lower raw material prices[15] - Management expenses for Q3 2016 were approximately ¥414.45 million, an increase of 4.0% compared to ¥396.04 million in Q3 2015[37] - Financial expenses for Q3 2016 showed a net income of approximately -¥12.45 million, compared to -¥7.62 million in Q3 2015, indicating an increase in financial costs[37] Other Financial Metrics - Non-operating income increased by 3.84 million yuan, a growth of 57.49%, mainly from gains on fixed asset disposals and government subsidies[16] - The company recorded a total operating profit of CNY 218,075,414.61 for Q3 2016, compared to CNY 207,991,222.17 in the previous year, reflecting an increase of approximately 5.2%[38] - The investment income for Q3 2016 was CNY 7,911,367.85, a recovery from a loss of CNY 19,744,521.08 in the same period last year[38]