HTGF(SH:600864)2017-10-24 16:00Financial Performance - Net profit attributable to shareholders rose by 20.08% to CNY 321.87 million year-on-year[7] - Operating revenue increased by 7.76% to CNY 768.59 million compared to the same period last year[7] - The company reported a 100.17% increase in net profit after deducting non-recurring gains and losses, reaching CNY 312.03 million[7] - Net profit attributable to the parent company increased by 20.08% to approximately RMB 321.87 million, influenced by changes in equity control of merged entities[18] - Net profit for the first nine months reached CNY 274,311,465.22, compared to CNY 107,316,440.68 in the previous year, reflecting an increase of 155.61%[38] - Net profit for the third quarter was ¥52,794,890.59, a decrease of 43.5% compared to ¥94,032,099.36 in the same quarter last year[36] Assets and Liabilities - Total assets increased by 43.45% to CNY 42.39 billion compared to the end of the previous year[7] - The total liabilities for the company increased significantly, with long-term payables rising by 2,236.99% to RMB 4,690,201,318.08, primarily due to the issuance of subordinated debt by Jianghai Securities[15] - Total liabilities rose to ¥28.36 billion, compared to ¥15.80 billion in the previous year, indicating an increase of about 79.3%[30] - Current liabilities reached ¥21.62 billion, a significant rise from ¥13.53 billion, reflecting a growth of approximately 60%[30] - The company's equity attributable to shareholders increased to ¥13.85 billion, compared to ¥13.56 billion, showing a growth of about 2.1%[31] Cash Flow - The net cash flow from operating activities was negative at CNY -5.90 billion, worsening from CNY -3.46 billion in the previous year[7] - Net cash flow from operating activities decreased by approximately RMB 2.44 billion, primarily due to increased net cash outflow from repurchase activities by Jianghai Securities[19] - The company reported a net cash outflow from operating activities of CNY -5,902,228,100.54 for the first nine months, worsening from CNY -3,460,738,698.65 in the previous year[42] - Cash and cash equivalents at the end of the period stood at CNY 6,590,987,674.29, down from CNY 12,330,950,852.41 a year earlier[43] - Cash inflow from financing activities was ¥32,000,000.00, a decrease from ¥5,054,999,994.99 in the previous year[45] Revenue and Expenses - The total operating costs rose by 37.00% to RMB 1,844,941,898.73, primarily due to rising coal prices and increased financing costs from Jianghai Securities[17] - The company's commission and fee income decreased by 26.33% to RMB 469,736,729.99, impacted by reduced trading volumes in the securities market[17] - Total operating revenue for the third quarter reached ¥440,922,058.02, an increase of 10.9% compared to ¥397,603,521.05 in the same period last year[35] - Total operating expenses for the first nine months were CNY 272,127,201.36, an increase from CNY 257,127,146.52 in the previous year[38] Investments - Interest income increased by 40.67% to RMB 491,695,881.78, driven by increased interest from equity pledge repurchase by the wholly-owned subsidiary Jianghai Securities[17] - Investment income increased by 275.07% to approximately RMB 526.36 million, driven by reduced losses from financial asset disposals and increased dividends and interest from held financial assets[18] - The company reported a fair value change gain of CNY 43,404.21, contrasting with a loss of CNY -17,450.00 in the previous year[38] Shareholder Information - The total number of shareholders reached 35,142 by the end of the reporting period[10] - The largest shareholder, Harbin Investment Group, holds 36.44% of the shares, with 768,371,233 shares pledged[10] Strategic Initiatives - The company plans to focus on expanding its market presence and enhancing its product offerings in the upcoming quarters[35]