HSGC(SH:600774)2016-10-27 16:00Financial Performance - Operating income for the first nine months was ¥666,955,678.37, a decrease of 6.03% year-on-year[6]. - Net profit attributable to shareholders was ¥6,874,624.77, reflecting a year-on-year increase of 3.20%[6]. - Total operating revenue for Q3 2016 was ¥189,906,625.81, a decrease of 10% compared to ¥210,930,207.20 in the same period last year[27]. - Net profit for Q3 2016 was ¥572,682.75, compared to a net loss of ¥1,097,366.60 in Q3 2015, indicating a significant turnaround[29]. - The gross profit margin for the first nine months of 2016 was approximately 31.5%, down from 34.5% in the same period last year, indicating pressure on profitability[28]. - Net profit for the first nine months of 2016 reached CNY 7.14 million, down 19.1% from CNY 8.84 million in the same period last year[32]. - The company reported a total profit of CNY 1.51 billion for Q3 2016, recovering from a loss of CNY 757.42 million in Q3 2015[32]. Cash Flow - Net cash flow from operating activities increased by 67.64% to ¥52,910,484.21 for the first nine months[6]. - Cash received from operating activities increased dramatically by 1,109.71% to 742,459.69 million RMB[14]. - Cash inflow from operating activities for the first nine months of 2016 was CNY 759.41 million, down from CNY 810.75 million in the same period last year[35]. - Operating cash flow net amount for Q3 2016 was CNY 52,910,484.21, an increase of 67.5% compared to CNY 31,562,763.95 in Q3 2015[36]. - The net cash flow from financing activities for the first nine months of 2016 was CNY 46,131,057.80, an increase of 73.6% from CNY 26,625,353.05 in the same period last year[39]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,681,062,928.92, an increase of 1.39% compared to the end of the previous year[6]. - The company reported a total asset increase to 1,681,062,928.92 million RMB, up from 1,657,947,823.13 million RMB[21]. - The total liabilities increased to 994,375,319.98 million RMB, compared to 968,404,220.77 million RMB in the previous period[21]. - Current liabilities rose to ¥288,525,404.92 from ¥246,757,205.93, primarily due to an increase in short-term borrowings[25]. - Long-term borrowings decreased to ¥101,565,140.00 from ¥119,206,180.88, indicating a reduction in long-term debt obligations[25]. Shareholder Information - The number of shareholders totaled 13,173, with the largest shareholder holding 29.99% of the shares[9]. - The company distributed dividends amounting to 17,585,159.64 million RMB, an increase of 36.78% from the previous period[14]. - The company paid CNY 17,585,159.64 in dividends and interest in Q3 2016, compared to CNY 12,856,192.35 in Q3 2015, reflecting a 37.1% increase[39]. Investment and Other Income - The company received government subsidies amounting to ¥707,400.00 related to unemployment insurance, contributing to other income[12]. - Investment income rose to 3,959,426.07 million RMB, marking a 71.96% increase from the prior period[14]. - Other operating income surged to 797,055.62 million RMB, reflecting a substantial increase of 5,013.80%[14]. - The company reported an investment income of ¥1,746,521.50 in Q3 2016, a recovery from a loss of ¥24,458.51 in the same quarter last year[28]. Operational Efficiency - The company reported a decrease in accounts receivable by 66.50%, down to ¥2,074,337.07[11]. - Accounts receivable decreased to 2,074,337.07 million RMB, down from 6,191,505.70 million RMB, indicating effective collection of prior receivables[19]. - Total operating costs for Q3 2016 were ¥191,372,211.49, down from ¥212,246,102.59 year-over-year, reflecting a cost reduction strategy[28]. - Total operating costs for Q3 2016 were CNY 118.78 million, a decrease of 17.9% from CNY 144.64 million in Q3 2015[31].