Hexing(SH:603556)2017-10-29 16:00Financial Performance - Operating revenue for the first nine months reached CNY 2,060,534,357.87, a growth of 46.56% year-on-year[7] - Net profit attributable to shareholders increased by 12.82% to CNY 391,380,594.64 compared to the same period last year[7] - Basic earnings per share decreased by 15.50% to CNY 1.09 compared to the previous year[8] - The company reported a significant increase in other non-current assets by 260.53% to 48,098,778.78 RMB, mainly due to prepayments for equipment purchases[16] - The company reported a total comprehensive income of ¥357,809,569.35 for the first three quarters, compared to ¥281,076,470.23 in the previous year, reflecting a growth of 27.3%[33] Assets and Liabilities - Total assets increased by 8.50% to CNY 5,721,269,870.77 compared to the end of the previous year[7] - Total liabilities amounted to ¥1,182,981,742.89, compared to ¥1,090,007,417.15, showing an increase of about 8.5%[20] - Current assets totaled ¥5,023,516,077.52, up from ¥4,659,999,570.09, indicating an increase of about 7.8%[21] - Total non-current assets increased to ¥697,753,793.25 from ¥612,819,001.52, reflecting a growth of about 13.9%[21] Cash Flow - Net cash flow from operating activities decreased by 27.49% to CNY 176,272,932.20 year-to-date[7] - Cash flow from operating activities for the first nine months was ¥176,272,932.20, down 27.5% from ¥243,104,553.95 in the previous year[36] - The company reported a net cash outflow from investing activities of CNY 388,466,446.70, slightly improved from CNY 392,945,629.43 in the previous year[39] - Cash and cash equivalents at the end of the period stood at CNY 1,136,060,463.60, down from CNY 1,505,927,675.77 at the beginning of the period[39] Expenses - Operating costs rose by 43.69% to 1,077,662,410.70 RMB, driven by the increase in operating revenue[17] - Sales expenses increased by 49.81% to 182,421,093.87 RMB, mainly due to rising labor and logistics costs[17] - Management expenses surged by 64.77% to 266,849,392.89 RMB, influenced by increased R&D investment and stock compensation[17] - Financial expenses showed a significant increase of 175.49% to 39,423,002.40 RMB, primarily due to exchange rate losses[17] Shareholder Information - The total number of shareholders reached 33,455 at the end of the reporting period[12] - Zhejiang Haixing Holding Group Co., Ltd. holds 48.5% of the shares, making it the largest shareholder[12] Market Strategy - The company has not disclosed any new product developments or market expansion strategies in this report[5] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[26] - The company plans to expand its market presence and invest in new technologies to drive future growth[32]