Haohua Energy(SH:601101)2016-10-20 16:00Financial Performance - Net profit attributable to shareholders decreased by 384.77% to CNY -115,754,856.03 for the first nine months compared to the same period last year[8] - Operating revenue for the first nine months decreased by 29.74% to CNY 3,000,518,644.27 compared to the previous year[8] - Basic earnings per share decreased by 420% to CNY -0.096 compared to the previous year[8] - The weighted average return on equity decreased by 2.37 percentage points to -1.77% compared to the previous year[8] - Total operating revenue for Q3 2016 was CNY 1,093,834,134.44, a decrease of 38.0% compared to CNY 1,767,451,379.78 in Q3 2015[26] - Net profit attributable to the parent company for Q3 2016 was CNY 27,075,408.47, compared to CNY 9,372,489.19 in Q3 2015, marking an increase of 189.5%[28] - The comprehensive income total for Q3 2016 was CNY 35,065,044.03, compared to CNY 21,271,390.19 in Q3 2015, an increase of 64.9%[29] - The company reported a total profit of CNY 47,769,199.55 for Q3 2016, compared to CNY 4,119,663.59 in Q3 2015, an increase of 1,058.5%[27] Assets and Liabilities - Total assets increased by 4.42% to CNY 20,687,324,586.14 compared to the end of the previous year[8] - The company's cash and cash equivalents increased by 39.27% from the beginning of the year, reaching approximately RMB 1.18 billion, primarily due to higher domestic coal prices and the commencement of operations at its subsidiary Guotai Chemical[14] - The company's fixed assets increased by 125.70% to approximately RMB 5.85 billion, mainly due to the transfer of construction in progress at its subsidiary Guotai Trading[14] - Total liabilities reached CNY 9.93 billion, compared to CNY 9.01 billion at the beginning of the year, marking an increase of around 10.2%[21] - The company's equity attributable to shareholders was CNY 6.49 billion, slightly down from CNY 6.55 billion, a decrease of approximately 0.9%[21] - The total liabilities increased to CNY 8,340,398,542.69 in Q3 2016 from CNY 7,260,781,147.20 in Q3 2015, reflecting a growth of 14.8%[24] - The total equity decreased slightly to CNY 6,771,159,346.64 in Q3 2016 from CNY 6,799,963,907.18 in Q3 2015, a decline of 0.4%[24] Cash Flow - Net cash flow from operating activities increased by 807.71% to CNY 634,245,643.09 compared to the same period last year[8] - The company's cash flow from financing activities decreased by 31.04% to approximately CNY 3.49 billion, as short-term financing decreased compared to the previous year[16] - The company incurred financial expenses of CNY 33,049,007.95 in the first three quarters, down 40.4% from CNY 55,388,894.43 in the same period last year[30] - The company’s total comprehensive income for the first three quarters was CNY 14,641,691.85, a decrease from CNY 103,774,015.53 in the same period last year[31] - Operating cash inflow for the year-to-date period reached ¥2,779,932,546.20, an increase of 34% compared to ¥2,075,388,691.52 in the previous year[37] - Net cash flow from operating activities was ¥904,116,708.14, a significant improvement from a negative cash flow of ¥26,196,206.57 in the same period last year[38] Shareholder Information - The total number of shareholders reached 45,954 at the end of the reporting period[12] - Beijing Jingmei Group Co., Ltd. held 62.30% of the shares, making it the largest shareholder[12] Inventory and Sales - The company's main business revenue decreased by 32.57% year-on-year to approximately RMB 2.81 billion, attributed to lower coal prices and reduced sales volume from its subsidiary Chenghe[15] - The company's inventory decreased by 44.28% to approximately RMB 335.81 million, due to significant sales of coal inventory during the period[14] - Sales expenses increased to CNY 79,780,896.28 for the first three quarters, up 24.6% from CNY 64,015,564.63 in the previous year[30] - The company reported a significant increase in other operating income, which rose by 580.88% to approximately RMB 9.73 million, due to various compensations received during the period[15]