HHI(SH:601226)2018-10-29 16:00Financial Performance - Net profit attributable to shareholders was CNY 46,922,075.23, a significant increase from CNY 773,374.91 in the same period last year[10] - Operating revenue for the first nine months reached CNY 4,264,693,015.22, up 27.25% year-on-year from CNY 3,351,516,979.27[8] - The company reported a basic earnings per share of CNY 0.04, up from CNY 0.0007 in the same period last year[10] - The weighted average return on net assets increased by 1.31 percentage points to 1.33%[10] - The company reported a revenue of 4,264.69 million RMB for the first nine months of 2018, representing a year-on-year growth of 27.25%[18] - The net profit attributable to shareholders for the same period was 46.92 million RMB, a significant increase of 5,967.18% compared to the previous year[18] - Net profit for Q3 2018 was ¥38,077,479.11, compared to ¥40,387,266.37 in Q3 2017, indicating a decrease of 5.1%[29] - The company's operating revenue for Q3 2018 reached ¥1,440,828,054.93, a 53.5% increase compared to ¥940,307,847.25 in Q3 2017[31] - The net profit for Q3 2018 was ¥24,800,211.25, compared to ¥28,272,957.99 in the same period last year, reflecting a decrease of 5.3%[31] Assets and Liabilities - Total assets increased by 4.26% to CNY 8,193,326,314.80 compared to the end of the previous year[8] - The total assets of the company reached 8,193.33 million RMB, up from 7,858.21 million RMB at the beginning of the year[22] - The total assets as of September 30, 2018, amounted to ¥6,507,267,269.76, an increase from ¥6,420,607,831.29 at the beginning of the year[25] - The company's total liabilities reached ¥3,069,922,824.43, compared to ¥2,982,047,684.33 at the start of the year, marking a 2.9% increase[26] Cash Flow and Equivalents - Cash flow from operating activities improved by 7.90%, with a net cash flow of CNY -245,839,697.99 compared to CNY -266,918,032.27 in the previous year[8] - The company experienced a 44.42% decrease in cash and cash equivalents, primarily due to cash payments related to business operations[13] - The company's cash and cash equivalents decreased to 575.26 million RMB from 1,035.11 million RMB at the beginning of the year[22] - The cash and cash equivalents decreased to ¥465,022,082.21 from ¥820,579,680.15 at the beginning of the year, a decline of 43.3%[25] - Cash flow from operating activities increased significantly, with cash paid for purchasing goods and services rising by 39.62% to 3,685.63 million RMB[15] - The company reported a net cash flow from operating activities of -¥245,839,697.99 for the first nine months of 2018, slightly improved from -¥266,918,032.27 in the same period last year[35] - Cash and cash equivalents at the end of Q3 2018 stood at ¥575,261,467.30, down from ¥598,861,424.93 at the end of Q3 2017[35] Accounts Receivable and Prepayments - Accounts receivable increased by 45.65% to CNY 3,192,015,112.39, primarily due to increased project settlements[13] - Prepayments rose by 31.33% to CNY 457,916,087.46, mainly for new project prepayments[13] - The accounts receivable increased to ¥2,814,367,432.67 from ¥2,095,420,124.03, representing a growth of 34.3%[25] Investment and Financing Activities - Investment income rose by 42.65% to 13.99 million RMB, driven by higher returns from financial products[14] - The total cash inflow from investment activities for the first nine months of 2018 was ¥1,315,004,545.37, compared to ¥1,111,618,398.69 in the previous year, showing a growth of 18.3%[35] - The company raised ¥780,000,000.00 through financing activities in the first nine months of 2018, an increase from ¥576,000,000.00 in the same period last year[35] Research and Development - Research and development expenses for the first nine months of 2018 were ¥87,291,778.27, up from ¥78,702,187.31 in the same period last year, reflecting an increase of 10.1%[28] - Research and development expenses for the first nine months of 2018 totaled ¥27,796,673.47, an increase from ¥25,393,616.85 in the previous year, reflecting a commitment to innovation[31] Market Strategy - The company plans to stabilize its stock price through share buybacks if the stock price falls significantly[16] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[31] Operating Costs - Total operating costs for Q3 2018 were ¥1,750,115,596.26, up from ¥1,080,622,752.31 in Q3 2017, reflecting a 62.0% increase[28] - The total operating costs for the first nine months of 2018 were ¥3,293,760,150.31, up from ¥2,682,322,852.34 in the previous year, indicating a year-over-year increase of 22.7%[31] Gross Profit Margin - The company achieved a gross profit margin of approximately 5.5% in Q3 2018, down from 10.5% in Q3 2017, indicating increased cost pressures[31] Shareholder Information - The number of shareholders reached 40,993, with the largest shareholder holding 63.13% of the shares[11]