HAI TIAN(SH:603288)2015-10-21 16:00Financial Performance - Operating revenue increased by 11.61% to CNY 8,122,389,141.21 for the first nine months of the year[7] - Net profit attributable to shareholders increased by 20.12% to CNY 1,841,171,295.92 year-on-year[7] - Basic earnings per share rose by 19.30% to CNY 0.68[7] - Operating profit for the first three quarters was ¥2,211,302,856.44, up 22.2% from ¥1,809,571,239.65 year-on-year[27] - The company reported a net profit of ¥613,821,395.84 for the third quarter, compared to ¥533,606,521.65 in the same quarter last year, reflecting a growth of 15.4%[27] - The total profit for Q3 2015 reached ¥617.60 million, an increase of 15.2% compared to ¥535.87 million in Q3 2014[28] - Net profit attributable to shareholders was ¥505.96 million, up 15.7% from ¥437.12 million in the same period last year[28] - The company reported a year-to-date net profit of ¥1.84 billion, up 20.2% from ¥1.53 billion in the same period last year[28] Asset and Liability Changes - Total assets decreased by 10.71% to CNY 9,822,166,941.68 compared to the end of the previous year[7] - Cash and cash equivalents decreased by 38.63% to CNY 3,140,571,666.30 primarily due to cash dividends paid during the period[11] - Total current liabilities decreased significantly from CNY 3,348,733,839.85 to CNY 1,591,371,524.04, a reduction of about 52.5%[20] - The total liabilities decreased from CNY 3,512,682,410.78 to CNY 1,750,068,224.04, a reduction of about 50.1%[20] - The company's equity attributable to shareholders increased to CNY 8,072,098,717.64 from CNY 7,487,912,155.39, reflecting an increase of approximately 7.8%[20] - The company's cash and cash equivalents decreased to CNY 3,140,571,666.30 from CNY 5,117,565,091.95 at the beginning of the year, representing a decline of approximately 38.7%[18] Cash Flow Analysis - Cash flow from operating activities increased by 2.33% to CNY 647,295,237.14 for the first nine months[7] - Cash paid for operating activities increased by 36.83% to CNY 689,111,377.91, mainly due to higher sales expenses[13] - Cash received from investment activities amounted to CNY 1,800,000,000.00, primarily from the maturity of time deposits and recovery of financial principal[13] - The cash inflow from operating activities for the first nine months reached ¥7,767,485,240.94, an increase of 9.2% compared to ¥7,112,464,432.41 in the previous year[35] - The net cash flow from operating activities was ¥647,295,237.14, slightly up from ¥632,529,668.18 year-on-year[35] - The company reported a net cash outflow from operating activities of -¥1,938,402,774.80, worsening from -¥341,263,785.73 year-on-year[37] Shareholder Information - The total number of shareholders reached 31,999 as of the report date[9] - The largest shareholder, Guangdong Haitian Group, holds 58.13% of the shares[9] Government Support and Subsidies - Government subsidies received decreased by 43.57% to CNY 8,544,412.00, indicating a reduction in government support[13] - The company received government subsidies totaling ¥8,544,412.00, a decrease from ¥15,141,482.54 year-on-year[35] Inventory and Other Assets - Inventory levels decreased from CNY 1,154,208,319.45 to CNY 846,600,953.53, a reduction of about 26.6%[18] - Other current assets increased by 121.91% to CNY 1,602,941,393.48 due to the purchase of available-for-sale financial assets with a maturity of one year[12] - The company's prepayments increased to CNY 25,732,741.70 from CNY 21,882,548.01, reflecting an increase of approximately 17.5%[18] Future Outlook - The company plans to continue expanding its market presence and invest in new product development to drive future growth[27] - The company plans to continue expanding its market presence and invest in new product development to sustain growth[34]