HAGG(SH:601177)2014-11-04 16:00Financial Performance - Operating income decreased by 0.51% to CNY 1,347,386,675.81 year-to-date[7] - Net profit attributable to shareholders decreased by 15.80% to CNY 22,911,484.23 year-to-date[7] - Basic and diluted earnings per share decreased by 15.74% to CNY 0.0573[8] - Total operating revenue for Q3 2023 was CNY 383,765,821.60, a decrease of 2.2% compared to CNY 393,644,680.90 in Q3 2022[32] - Net profit for Q3 2023 was CNY 946,825.16, down 91.9% from CNY 11,690,110.74 in Q3 2022[33] - Total profit for the first nine months of 2023 was CNY 29,004,911.12, compared to CNY 31,191,943.26 in the same period of 2022, reflecting a decline of 7.0%[33] - Operating income for the first nine months of 2023 was CNY 1,095,581,606.39, down from CNY 1,174,014,908.87 in the same period of 2022[35] Cash Flow - Net cash flow from operating activities increased by 81.62% to CNY 79,509,208.60 year-to-date[7] - Cash inflow from operating activities totaled CNY 1,362,610,037.35, slightly up from CNY 1,358,035,603.54 in the previous year, indicating a growth of 0.2%[39] - Cash outflow for purchasing goods and services was CNY 893,474,808.80, down from CNY 941,228,320.26, reflecting a decrease of 5.0%[39] - The company reported a net cash flow from investment activities of CNY -124,396,453.51, an improvement from CNY -228,417,087.54 in the previous year[40] Assets and Liabilities - Total assets increased by 1.95% to CNY 3,836,006,506.83 compared to the end of the previous year[7] - Current liabilities decreased to CNY 1,360,284,971.20 from CNY 1,693,580,547.47, a reduction of about 19.6%[26] - Non-current liabilities increased significantly to CNY 612,994,859.76 from CNY 220,371,050.94, representing an increase of approximately 177.5%[26] - Total liabilities rose to CNY 1,973,279,830.96, compared to CNY 1,913,951,598.41, marking an increase of about 3.1%[26] - Owner's equity totaled CNY 1,862,726,675.87, up from CNY 1,848,604,502.03, indicating a growth of approximately 0.76%[26] Shareholder Information - The total number of shareholders reached 18,727[11] - The major shareholder committed to lock up 180,056,250 shares for one year post-unlock, ensuring stability in shareholding[15] Investment and Expenses - Financial expenses increased by 79.04% to ¥45,563,499.63 due to higher interest from increased debt compared to the same period last year[14] - Investment income turned positive at ¥34,409,372.15, a significant recovery from a loss of ¥3,670,146.93 in the previous year, attributed to equity accounting for a stake in Xiaoshan Rural Commercial Bank[14] - The company reported a significant increase in financial expenses, which rose to CNY 45,563,499.63 for the first nine months of 2023, compared to CNY 25,448,074.68 in the same period of 2022[32] - The company experienced a decrease in management expenses, which were CNY 58,355,718.58 in Q3 2023, compared to CNY 52,170,241.84 in Q3 2022[32] Future Outlook - The company plans to focus on market expansion and new product development to improve future performance[32]