HLC(SH:600731)2018-10-30 16:00Financial Performance - Operating revenue for the first nine months reached CNY 1,052,350,936.17, a 19.69% increase year-on-year[7] - Net profit attributable to shareholders decreased by 34.10% to CNY 11,321,096.31 compared to the same period last year[7] - Basic earnings per share decreased by 38.67% to CNY 0.0322[8] - Total revenue for Q3 2018 reached ¥424,840,166.01, a 86.8% increase compared to ¥227,485,145.56 in Q3 2017[36] - Year-to-date revenue for the first nine months of 2018 was ¥1,052,350,936.17, up 19.7% from ¥879,245,128.38 in the same period last year[36] - The company reported a net loss of ¥250,877,052.08 for the period, compared to a loss of ¥228,341,469.17 in the previous period[34] - Total profit for the first nine months of 2018 was ¥5.58 million, compared to ¥8.09 million in the same period last year, a decrease of 30.5%[37] Asset and Liability Changes - Total assets increased by 14.65% to CNY 2,158,701,696.38 compared to the end of the previous year[7] - Net assets attributable to shareholders increased by 26.69% to CNY 1,025,606,826.10 compared to the end of the previous year[7] - The company's total liabilities amounted to RMB 740.75 million as of September 30, 2018, compared to RMB 749.99 million at the beginning of the year[29] - The company's fixed assets increased to RMB 540.92 million from RMB 441.59 million at the beginning of the year[29] - The company's total assets reached RMB 2.16 billion as of September 30, 2018, up from RMB 1.88 billion at the beginning of the year[29] Cash Flow Analysis - Cash flow from operating activities decreased by 95.20% to CNY 6,300,598.95 compared to the same period last year[7] - The total cash inflow from operating activities for the first nine months of 2018 was CNY 1,095,793,170.66, an increase of 5.4% compared to CNY 1,039,614,532.63 in the same period last year[44] - The net cash flow from operating activities was CNY 6,300,598.95, a significant decrease of 95.2% from CNY 131,248,751.97 in the previous year[44] - The cash inflow from financing activities totaled CNY 647,119,026.59, up from CNY 506,747,239.75 in the previous year, reflecting a growth of 27.7%[44] - The total cash and cash equivalents at the end of the period reached CNY 263,547,666.65, an increase from CNY 195,070,807.07 at the end of the previous year[45] Shareholder Information - The total number of shareholders at the end of the reporting period was 25,130[10] - The largest shareholder, Hunan Haili High-tech Industry Group Co., Ltd., holds 23.50% of the shares[10] Impairment and Expenses - Asset impairment losses surged by 4,701.79% to CNY 41,318,423.38, primarily due to impairment provisions for assets of a subsidiary that ceased operations[16] - Income tax expenses rose by 80.41% to CNY 20,734,116.64, attributed to increased sales profits[16] - The company recognized management expenses of RMB 16.19 million related to the shutdown operations, with RMB 7.23 million in 2017 and RMB 8.96 million in the first nine months of 2018[24] Investment Activities - Cash received from capital contributions amounted to CNY 207,999,481.63, a significant increase compared to the previous period[17] - Cash paid for investments increased by 980.00% to CNY 54,000,000.00, mainly due to a subsidiary's purchase of financial products[17] - The cash inflow from investment activities was CNY 55,378,719.09, compared to CNY 22,151,608.11 in the same period last year, indicating a substantial increase[44]