HFM(SH:603011)2017-10-30 16:00Financial Performance - Operating revenue for the first nine months reached CNY 535,863,389.52, a growth of 9.31% year-on-year[7] - Net profit attributable to shareholders decreased by 4.94% to CNY 37,139,714.84 compared to the same period last year[7] - Basic and diluted earnings per share both decreased by 20.00% to CNY 0.08[8] - Net profit for the first nine months of 2017 reached CNY 43,753,070.70, compared to CNY 25,791,275.09 for the same period in 2016, representing a growth of 69.5%[25] - The net profit for Q3 2017 was CNY 9,464,689.52, a decrease of 41.5% from CNY 16,084,029.78 in the same period last year[27] - The operating profit for the first nine months of 2017 was CNY 677,417.14, compared to a loss of CNY 8,535,812.27 in the same period last year[28] - The gross profit margin for the first nine months of 2017 was approximately 21.5%, compared to 22.3% in the same period last year[28] Cash Flow - Cash flow from operating activities showed a significant decline of 279.70%, resulting in a net outflow of CNY 53,627,386.01[7] - Operating cash flow net amount decreased by 279.70% to -¥53,627,386.01 from ¥29,843,403.45, mainly due to increased cash payments for goods and services[11] - The total cash flow from operating activities for the first nine months of 2017 was CNY -53,627,386.01, a decline from CNY 29,843,403.45 in the previous year[31] - The total cash outflow for operating activities was 408,610,817.42 RMB, compared to 367,119,280.20 RMB in the previous year[35] - The net cash flow from operating activities for the first nine months of 2017 was -63,308,176.16 RMB, compared to 8,612,853.04 RMB in the same period last year[35] Assets and Liabilities - Total assets increased by 5.18% to CNY 2,119,324,888.71 compared to the end of the previous year[7] - Total liabilities increased to ¥392,030,301.49 from ¥299,254,282.29, driven by higher short-term borrowings and accounts payable[17] - Current liabilities increased to CNY 265,272,696.33 from CNY 184,675,423.21, marking a rise of 43.6%[22] - The company’s total assets as of September 30, 2017, amounted to CNY 1,903,334,391.33, an increase from CNY 1,845,438,576.74 at the beginning of the year[22] Shareholder Information - The total number of shareholders reached 18,550 by the end of the reporting period[8] - The largest shareholder, Yan Jianwen, holds 33.01% of the shares, with 147,300,000 shares pledged[9] Investment and Income - Investment income rose significantly by 599.63% to ¥5,500,922.68 from ¥786,263.01, attributed to increased interest from matured financial products[10] - Government subsidies recognized in the current period amounted to CNY 2,423,957.22, contributing to other income[8] - Other income was reported at ¥8,027,343.21, reflecting a reclassification of government subsidies from "non-operating income" to "other income"[11] - The company received CNY 421,500,000.00 from investment recoveries in the first nine months of 2017, compared to CNY 80,000,000.00 in the previous year[31] - The company reported a cash inflow of 5,303,510.32 RMB from investment income, up from 786,263.01 RMB year-over-year[35] Borrowings and Financing - Short-term borrowings surged by 543.31% to ¥96,496,865.00 from ¥15,000,000.00, mainly due to an increase in bank loans at the end of the period[10] - Financing cash flow net amount decreased by 91.07% to ¥56,347,416.78 from ¥631,294,547.04, primarily due to a reduction in cash received from investments[11] - Cash inflow from financing activities totaled 106,496,865.00 RMB, down from 974,899,984.32 RMB in the previous year[35] - The net cash flow from financing activities was 56,347,416.78 RMB, compared to 643,849,794.35 last year[35]