2018-10-29 16:00Financial Performance - Operating revenue decreased by 15.98% to CNY 16.18 billion for the first nine months compared to the same period last year[5] - Net profit attributable to shareholders decreased by 41.62% to CNY 3.59 billion for the first nine months compared to the same period last year[5] - Basic earnings per share decreased by 41.51% to CNY 0.31 per share[5] - Net profit for Q3 2018 was RMB 633.06 million, a decline of 73.8% compared to RMB 2.42 billion in Q3 2017[24] - Net income from commission and fees was RMB 1.67 billion, a decrease of 30.4% from RMB 2.41 billion in Q3 2017[24] - Investment income for the period was RMB 1.36 billion, down 38.7% from RMB 2.22 billion in the same quarter last year[24] - Net profit for the first nine months of 2018 reached CNY 3,875,342,588.34, a decline of 22.0% from CNY 4,963,981,241.63 in the same period last year[29] - Basic earnings per share for Q3 2018 were CNY 0.05, down from CNY 0.18 in Q3 2017[29] - Total comprehensive income for Q3 2018 was CNY 1,128,076,132.19, compared to CNY 2,079,009,240.41 in Q3 2017, indicating a decrease of 45.8%[31] Asset and Liability Changes - Total assets increased by 4.07% to CNY 556.49 billion compared to the end of the previous year[5] - Total liabilities increased to CNY 426.25 billion from CNY 405.01 billion year-over-year[17] - The company's equity attributable to shareholders was CNY 117.74 billion, slightly down from CNY 117.76 billion at the end of the previous year[17] - The total assets of Haitong Securities amounted to RMB 301.83 billion, a decrease of 2.3% from RMB 308.28 billion at the end of the previous year[21] - The company's total liabilities decreased to RMB 194.02 billion, down 3.5% from RMB 201.42 billion at the end of the previous year[21] - The total equity of the company reached RMB 107.81 billion, an increase of 0.9% from RMB 106.86 billion at the end of the previous year[21] Cash Flow Analysis - Cash flow from operating activities showed a significant improvement, with a net cash flow of CNY -2.86 billion for the first nine months, compared to CNY -34.67 billion in the same period last year[5] - The net cash flow from operating activities was negative at CNY -2.86 billion, mainly due to an increase in repurchase business funding[14] - The net cash flow from investing activities decreased by 118% to CNY -4.50 billion, primarily due to a reduction in cash received from investments[14] - The net cash flow from financing activities increased to CNY 6.00 billion, mainly from new borrowings and bond issuances[14] - The net cash flow from operating activities for the first nine months was -2.86 billion RMB, an improvement from -34.67 billion RMB in the same period last year[35] - The net cash flow from investment activities was -4.50 billion RMB, a decline from a positive 25.54 billion RMB in the same period last year[35] - The net cash flow from financing activities was 6.00 billion RMB, a recovery from -13.79 billion RMB in the same period last year[37] Investment and Income Changes - Investment properties increased by 1484% to CNY 267.10 million due to new acquisitions[12] - Net interest income increased by 38% to CNY 3.47 billion, primarily due to higher interest income from repurchase agreements[14] - Investment income decreased by 48% to CNY 3.71 billion, mainly due to reduced returns from financial instruments[14] - Other business income rose by 31% to CNY 4.26 billion, driven by increased sales from subsidiaries[14] - The company reported a significant increase in interest expenses, which rose to RMB 8.57 billion, compared to RMB 7.05 billion in the same period last year[24] - The company reported a significant decrease in impairment losses, with asset impairment losses down by 99% to CNY 12.19 million[14] - The company reported an investment income of CNY 422,574,440.49 for Q3 2018, down 42.1% from CNY 730,902,228.98 in Q3 2017[29] Shareholder Information - The number of shareholders reached 268,014, with the top ten shareholders holding a combined 66.15% of shares[10]