Haohua Energy(SH:601101)2015-10-25 16:00Financial Performance - Net profit attributable to shareholders decreased by 72.43% to CNY 40,648,021.09 year-on-year[7] - Operating income for the first nine months decreased by 1.66% to CNY 4,270,720,511.51 compared to the same period last year[7] - Basic and diluted earnings per share dropped by 75.00% to CNY 0.03[7] - The total profit for the period was CNY 33,676,532.45, a decrease of 76.3% compared to CNY 142,079,022.94 in the same period last year[13] - The company expects a decline in net profit for the full year 2015, with a decrease of over 50% compared to 2014, primarily due to weak coal market demand and falling prices[15] - The total net profit attributable to the parent company for the first nine months of 2015 was CNY 40,648,021.09, down from CNY 147,433,899.60 in the same period last year[29] - The net profit for Q3 2015 was CNY 17,186,744.47, a decrease from CNY 50,173,893.87 in the same period last year, representing a decline of approximately 65.8%[33] Assets and Liabilities - Total assets increased by 23.77% to CNY 17,643,260,594.92 compared to the end of the previous year[7] - The company's total liabilities increased significantly, with a notable rise in accounts payable by 183.34% to RMB 68,800,000.00 due to the use of bank acceptance bills for payments[12] - The company’s total liabilities increased to CNY 5,544,295,031.97, up from CNY 3,601,165,284.06 at the beginning of the year[20] - Total liabilities increased to CNY 7,514,114,985.23 from CNY 4,160,225,775.85, marking a rise of about 80.00%[25] - The company’s total assets reached CNY 17,643,260,594.92, compared to CNY 14,254,345,653.53 at the beginning of the year[20] Cash Flow - Net cash flow from operating activities turned negative at CNY -89,619,050.6, a decrease of 132.03% compared to the previous year[7] - The operating cash flow for the first nine months of 2015 was negative at CNY -89,619,050.6, compared to a positive CNY 279,763,989.08 in the same period last year[36] - The financing activities generated a net cash inflow of CNY 3,132,940,346.59 in the first nine months of 2015, significantly higher than CNY 384,692,316.97 in the previous year[37] - Cash inflow from financing activities was $4.91 billion, a substantial increase from $760.1 million in the previous year, leading to a net cash flow from financing activities of $3.15 billion[40] Investments - The company reported a significant increase in asset impairment losses, totaling CNY 20,160,136.30, which is a 247.09% increase from CNY 5,808,358.48 year-on-year[13] - Cash received from tax refunds decreased by 59.93% to CNY 20,898,938.02 from CNY 52,160,989.86 in the previous year[13] - The company incurred a total operating expenses of CNY 3,886,242,656.66 for the first nine months of 2015, compared to CNY 4,385,769,084.44 in the same period last year, showing a reduction of about 11.4%[36] - The company reported an investment cash outflow of CNY 2,306,220,308.22 for the first nine months of 2015, compared to CNY 1,123,387,051.23 in the same period last year, indicating an increase of approximately 105.5%[37] Shareholder Information - The total number of shareholders reached 52,079 at the end of the reporting period[10] - The largest shareholder, Beijing Jingmei Group Co., Ltd., holds 62.30% of the shares[10] Revenue and Sales - Total sales of coal products amounted to 1,263.97 million tons, generating revenue of CNY 411,380.04 million[14] - Total operating revenue for Q3 2015 was CNY 1,767,451,379.78, an increase from CNY 1,474,340,490.35 in Q3 2014, representing a growth of approximately 19.88%[27] - Year-to-date revenue as of September 30, 2015, was CNY 4,270,720,511.51, slightly down from CNY 4,342,829,381.06 in the same period last year, indicating a decrease of about 1.66%[27]