BHAS(SH:600960)2016-10-30 16:00Financial Performance - Net profit attributable to shareholders increased by 46.56% to CNY 37,457,459.68 for the first nine months of the year[6] - Operating revenue for the first nine months reached CNY 921,371,976.90, a 19.59% increase year-on-year[6] - The net profit after deducting non-recurring gains and losses increased by 342.51% to CNY 47,109,093.15 for the first nine months[6] - Basic and diluted earnings per share rose by 40% to CNY 0.07[7] - The net profit for the period was RMB 46,474,737.91, representing a 76.58% increase compared to RMB 26,319,213.20 in the same period last year[15] - Total revenue for the first nine months reached ¥921,371,976.90, an increase of 19.6% compared to ¥770,466,038.84 in the same period last year[26] - Operating profit for the first nine months was ¥62,013,209.49, significantly up from ¥20,366,644.54 in the previous year, marking a growth of 204.5%[26] - The total profit for the first nine months of 2016 was approximately ¥44.85 million, up from ¥28.35 million in the same period last year, marking a growth of 58%[30] - The basic earnings per share for Q3 2016 was ¥0.07, compared to ¥0.05 in Q3 2015, indicating a 40% increase[28] Cash Flow - Net cash flow from operating activities surged by 120.85% to CNY 284,760,626.96 compared to the same period last year[6] - Cash inflow from operating activities totaled CNY 1,231,385,094.92, an increase of 26.8% compared to CNY 970,718,753.95 in the previous year[32] - Cash received from other operating activities surged to CNY 165,736,923.71, a significant increase from CNY 28,341,521.37 year-over-year[32] - Cash paid for purchasing goods and services was CNY 589,647,036.82, a slight increase from CNY 559,768,587.32 in the previous year[32] - Cash flow from operating activities showed a net increase of 120.85%, reaching RMB 284,760,626.96, driven by higher cash receipts from sales[15] - Cash inflow from financing activities amounted to CNY 725,000,000.00, an increase of 47.5% from CNY 492,000,000.00 in the previous year[33] - Net cash flow from financing activities improved to CNY 155,126,776.11, compared to a negative CNY -62,071,793.01 in the previous year[33] Assets and Liabilities - Total assets increased by 10.11% to CNY 3,306,141,796.35 compared to the end of the previous year[6] - The company reported a net asset increase of 1.58% to CNY 2,068,380,180.52 compared to the end of the previous year[6] - The company's total liabilities amounted to RMB 987,600,204.52, up from RMB 657,041,444.86 at the start of the year, reflecting a significant increase in short-term borrowings[19] - Total liabilities increased to ¥1,137,537,382.83 from ¥872,064,002.63, representing a rise of 30.5%[24] - Non-current assets totaled ¥1,505,944,211.73, up from ¥949,872,083.18, indicating a growth of 58.5%[23] Shareholder Information - The total number of shareholders reached 43,414 by the end of the reporting period[12] - The largest shareholder, Beijing Automotive Group Co., Ltd., holds 32.95% of the shares[12] Investment Activities - The company reported a 35498.67% increase in available-for-sale financial assets, totaling RMB 533,980,000.00 due to the subscription of 6.5% shares in BAIC New Energy[14] - The cash flow from investing activities showed a net outflow of RMB 450,900,572.78, primarily due to the investment in BAIC New Energy shares[15] - Cash outflow from investment activities was CNY 1,675,362,287.57, a decrease of 29.5% compared to CNY 2,381,416,144.09 in the previous year[33] - Net cash flow from investment activities was negative at CNY -450,900,572.78, worsening from CNY -167,932,732.10 year-over-year[33] Operational Efficiency - The company's net profit margin improvement, with operating costs rising at a slower rate than revenue growth, indicating enhanced operational efficiency[26] - The company's operating costs for Q3 2016 were approximately ¥237.44 million, which is an increase of 16.8% from ¥203.28 million in the same period last year[29] - The financial expenses for the first nine months of 2016 totaled approximately ¥29.99 million, an increase of 41.5% compared to ¥21.21 million in the same period last year[29] - The company's sales expenses for Q3 2016 were approximately ¥12.95 million, a decrease of 14.2% from ¥15.09 million in the same period last year[29]