HUAXIN CEMENT(SH:600801)2017-10-26 16:00Financial Performance - Net profit attributable to shareholders surged by 552.79% to CNY 1.05 billion for the first nine months of the year[6]. - Operating revenue for the first nine months reached CNY 14.35 billion, reflecting a 56.6% increase year-on-year[6]. - Basic earnings per share rose to CNY 0.70, a 536.36% increase from CNY 0.11 in the previous year[7]. - Operating profit for the first nine months was CNY 1,374,648,162, compared to CNY 225,801,194 in the previous year, representing a growth of approximately 508%[25]. - Net profit for the first nine months was CNY 1,626,477,945, compared to CNY 331,620,301 in the previous year, representing a significant increase[28]. - The company reported a total comprehensive income of CNY 1,631,501,115 for the first nine months, compared to CNY 330,079,774 in the previous year[28]. Assets and Liabilities - Total assets increased by 7.02% to CNY 29.35 billion compared to the end of the previous year[6]. - The total liabilities increased to CNY 9,276,112,883 from CNY 8,816,845,724, reflecting a rise of about 5.2%[22]. - The total liabilities increased to ¥17,238,907,572, up from ¥16,053,051,983, reflecting the impact of acquisitions and operational expansion[19]. - Current assets totaled CNY 9,381,789,177, up from CNY 8,923,151,023, indicating an increase of approximately 5.1%[21]. - The company’s long-term debt increased by 65% to ¥3,295,133,742 from ¥1,992,645,597, reflecting the transfer of bonds to long-term liabilities[11]. Cash Flow - The net cash flow from operating activities increased by 16.89% to CNY 2.00 billion compared to the same period last year[6]. - Cash flow from operating activities generated a net amount of CNY 2,001,015,721, up from CNY 1,711,880,475 year-on-year[29]. - The company reported a decrease in cash flow from investing activities, with a net cash outflow of CNY 905,098,045 for the first nine months[29]. - Cash inflow from financing activities totaled $5.60 billion, an increase from $4.39 billion year-over-year[32]. - The company incurred financial expenses of CNY 133,128,756 for the first nine months, compared to CNY 115,448,780 in the previous year[27]. Shareholder Information - The total number of shareholders reached 65,841 by the end of the reporting period[8]. - The largest shareholder, HOLCHIN B.V., holds 39.85% of the shares, totaling 596,817,018 shares[8]. Operational Highlights - The company reported a total of CNY 48.82 million in non-operating income for the first nine months[7]. - The company has not disclosed any significant new product developments or market expansion strategies in this report[10]. - The company completed the acquisition of six companies from Lafarge China Cement for ¥1.375 billion, enhancing its market position[14]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[23]. Inventory and Receivables - Accounts receivable increased by 138% to ¥1,196,605,454 from ¥502,371,725, driven by business acquisitions and expanded operations[11]. - Inventory levels rose by 35% to ¥1,581,300,871 from ¥1,174,261,964, indicating increased operational scale[11]. - The company reported a significant increase in prepayments, which rose by 465% to ¥375,024,943 from ¥66,412,138, due to increased fuel prepayments[11].