Huada(SH:603358)2017-10-24 16:00Financial Performance - Operating revenue for the first nine months reached CNY 2,231,279,146.57, a 20.47% increase from the same period last year[6] - Net profit attributable to shareholders decreased by 11.70% to CNY 177,373,092.60 compared to the previous year[6] - The weighted average return on equity fell by 10.53 percentage points to 7.58%[7] - Basic and diluted earnings per share were both CNY 1.14, down from CNY 1.67 in the previous year[7] - Year-to-date operating revenue for 2017 (January to September) was ¥2,231,279,146.57, compared to ¥1,852,155,661.61 for the same period in 2016, reflecting a growth of 20.5%[22] - Year-to-date net profit for 2017 (January to September) was ¥177,373,092.60, down from ¥200,877,647.59 in 2016, indicating a decline of 11.7%[23] - Total operating revenue for Q3 2017 reached ¥825,236,642.89, a 35.1% increase from ¥610,863,782.96 in Q3 2016[22] - Net profit for Q3 2017 was ¥45,009,846.07, a decrease of 40.7% compared to ¥75,783,125.38 in Q3 2016[23] - Total comprehensive income for Q3 2017 was ¥45,009,846.07, a decrease of 40.7% from ¥75,783,125.38 in Q3 2016[24] Assets and Liabilities - Total assets increased by 48.34% to CNY 3,714,973,136.87 compared to the end of the previous year[6] - Total current assets increased to ¥2,614,043,035.69 from ¥1,526,568,572.97, representing a growth of 71.3%[14] - Total non-current assets reached ¥1,100,930,101.18, up from ¥977,791,971.26, marking a rise of 12.5%[15] - Total current liabilities decreased slightly to ¥1,224,832,759.42 from ¥1,237,828,841.29, a decline of 1.1%[15] - Total liabilities decreased to ¥1,231,404,998.27 from ¥1,244,424,112.63, a reduction of 1.0%[16] - Shareholders' equity increased significantly to ¥2,483,568,138.60 from ¥1,259,936,431.60, reflecting a growth of 97.0%[16] Cash Flow - The company reported a net cash flow from operating activities of -CNY 67,595,936.95 for the first nine months, compared to CNY 242,320,011.92 in the same period last year[6] - Cash flow from operating activities for the first nine months of 2017 was negative at -¥67,595,936.95, a significant drop from a positive cash flow of ¥242,320,011.92 in the same period last year[29] - The company reported a total operating cash inflow of ¥2,041,104,763.59 for the first nine months of 2017, compared to ¥1,799,436,958.61 in the same period last year[29] - Total cash outflow for operating activities was approximately $2.38 billion, an increase from $1.63 billion in the previous year, indicating higher operational costs[32] Shareholder Information - The total number of shareholders at the end of the reporting period was 23,534[10] - The top shareholder, Chen Jinghong, holds 56.09% of the shares, totaling 89,744,100 shares[10] Investment Activities - Investment activities resulted in a net cash outflow of -¥899,889,151.52 for the first nine months of 2017, compared to -¥109,239,036.71 in the previous year[30] - The company received approximately $1.17 billion from investment activities, primarily from new investments, reflecting a strategic focus on growth[33] Operating Costs - Total operating costs for Q3 2017 were ¥780,054,830.45, up 52.5% from ¥511,083,512.19 in Q3 2016[22] - Total operating costs for the first nine months of 2017 were ¥2,038,034,587.02, an increase of 28.1% from ¥1,591,330,827.04 in the same period of 2016[22] - Management expenses for the first nine months of 2017 were ¥137,525,822.85, up from ¥104,201,840.25 in the previous year, indicating an increase of about 31.93%[26] Tax and Refunds - The company received tax refunds amounting to ¥4,105,530.79 during the first nine months of 2017, compared to ¥416,741.21 in the same period last year, showing a significant increase[29]