HFM(SH:603011)2018-10-29 16:00Financial Performance - Operating revenue for the first nine months reached CNY 570,885,106.28, a 6.54% increase year-on-year[6] - Net profit attributable to shareholders was CNY 38,182,801.81, reflecting a 2.81% increase compared to the same period last year[6] - Basic earnings per share increased by 12.5% to CNY 0.09[6] - The weighted average return on equity rose by 0.03 percentage points to 2.22%[6] - Total operating revenue for Q3 2018 reached ¥209,191,311.32, an increase of 18.06% compared to ¥177,180,243.14 in Q3 2017[25] - Net profit for Q3 2018 was ¥9,282,750.21, a slight decrease of 1.92% from ¥9,464,689.51 in Q3 2017[26] - The net profit attributable to the parent company for the first nine months of 2018 was ¥38,182,801.81, up from ¥37,139,714.84 in the same period last year, representing a growth of 2.8%[28] - The total comprehensive income attributable to the parent company for Q3 2018 was ¥9,381,765.11, consistent with the previous quarter's figure of ¥9,464,689.51[28] Assets and Liabilities - Total assets increased by 4.14% to CNY 2,291,119,109.41 compared to the end of the previous year[6] - Total assets amounted to ¥2,291,119,109.41, an increase from ¥2,200,013,144.73[19] - Total liabilities increased to ¥543,062,088.13 from ¥502,532,805.34, reflecting a rise in short-term borrowings and other liabilities[19] - Total assets as of Q3 2018 amounted to ¥1,983,678,351.56, compared to ¥1,947,274,216.12 at the end of Q3 2017, reflecting a growth of 1.87%[23] - Total liabilities for Q3 2018 were ¥379,590,691.16, an increase of 6.38% from ¥355,436,487.23 in Q3 2017[23] - Owner's equity totaled ¥1,604,087,660.40 in Q3 2018, up from ¥1,591,837,728.89 in Q3 2017, indicating a growth of 0.77%[23] Cash Flow - Cash flow from operating activities showed a negative net amount of CNY -81,254,125.35, a decline of 51.52% year-on-year[6] - Cash inflow from sales of goods and services increased to ¥549.31 million, up from ¥533.62 million, representing a growth of 2.5% year-over-year[33] - Net cash flow from operating activities was negative at -¥81.25 million, worsening from -¥53.63 million in the previous year[33] - Cash inflow from investment activities totaled ¥428.33 million, slightly up from ¥427.28 million, while net cash flow from investment activities improved to ¥24.50 million from -¥34.62 million[34] - Cash inflow from financing activities reached ¥295.72 million, significantly higher than ¥106.50 million in the previous year, with net cash flow from financing activities increasing to ¥72.50 million from ¥56.35 million[34] Shareholder Information - The total number of shareholders reached 24,487[9] - The largest shareholder, Yan Jianwen, holds 32.76% of the shares, amounting to 148,438,422 shares[9] Expenses - Sales expenses increased by 34.07% to ¥76,149,570.48 from ¥56,796,988.94, driven by increased promotional expenses due to market competition[12] - Financial expenses increased by 36.47% to ¥2,992,556.90 from ¥2,192,853.85, primarily due to higher borrowings compared to the same period last year[12] - Research and development expenses for Q3 2018 were ¥11,286,540.58, a decrease of 36.24% compared to ¥17,652,390.06 in Q3 2017[26] - The company's financial expenses for the first nine months of 2018 were ¥4,018,034.45, up from ¥2,049,132.41 in the same period last year, reflecting a 96.4% increase[30] Other Income - Government subsidies recognized in the current period amounted to CNY 1,004,079.51, contributing to a total of CNY 6,698,440.54 year-to-date[10] - Non-operating income for the first nine months totaled CNY 9,694,661.98[10] - Other income increased by 67.09% to ¥13,412,952.21 from ¥8,027,343.21, mainly due to increased government subsidies received[12] - The company reported a total of ¥3,347,357.96 in other income for Q3 2018, compared to ¥3,893,673.28 in Q3 2017[26] - The company recorded other income of ¥925,347.51 in Q3 2018, down from ¥1,027,875.06 in the same quarter last year, representing a decrease of 9.9%[30]