Huati Tech(SH:603679)2018-10-29 16:00Financial Performance - Operating revenue for the first nine months reached CNY 375,071,860.01, a growth of 29.32% year-on-year[6] - Net profit attributable to shareholders increased by 57.34% to CNY 47,226,683.50 for the first nine months[6] - Basic earnings per share rose by 29.96% to CNY 0.4681[7] - The weighted average return on net assets increased by 0.07 percentage points to 8.80%[7] - Operating revenue for the third quarter was CNY 101,675,241.79, down from CNY 122,852,614.76 in the same period last year, a decline of about 17.2%[27] - The net profit attributable to the parent company for Q3 2018 was ¥15,332,147.78, an increase of 8.6% from ¥14,113,706.17 in Q3 2017[29] - The basic earnings per share for Q3 2018 was ¥0.1518, compared to ¥0.1411 in Q3 2017, reflecting a growth of 4.9%[30] - The total profit for Q3 2018 was ¥18,093,497.29, slightly down from ¥18,378,865.65 in Q3 2017[31] Cash Flow - The net cash flow from operating activities showed a significant decline, with a net outflow of CNY 69,395,663.88, worsening by 360.14% compared to the same period last year[6] - The net cash flow from operating activities was negative at -¥69,395,663.88, compared to -¥15,081,456.66 in the previous year, mainly due to decreased sales receipts[16] - The net cash flow from financing activities decreased by 92.37% to ¥13,844,341.21 from ¥181,455,700.23, primarily due to funds received from the IPO in the previous period[16] - Cash inflow from operating activities totaled ¥286,567,345.22, down from ¥314,461,111.51 in the previous year[37] - The net cash flow from investing activities was -¥56,984,756.06, an improvement from -¥167,892,522.48 in the same period last year[38] - Cash inflow from financing activities was ¥39,293,275.00, down from ¥245,060,377.36 in the previous year[38] - The company experienced a net decrease in cash and cash equivalents of $115.02 million during the period[40] Assets and Liabilities - Total assets increased by 5.51% to CNY 779,469,213.79 compared to the end of the previous year[6] - Total equity attributable to shareholders rose to CNY 558,716,511.80 from CNY 517,360,142.53, marking an increase of approximately 8.0%[21] - Current liabilities decreased slightly to CNY 220,752,701.99 from CNY 221,383,806.53, a reduction of about 0.3%[20] - Cash and cash equivalents decreased by 41.84% to ¥159,227,915.91 from ¥273,796,907.28 due to the purchase of financial institution wealth management products[15] - Accounts receivable increased by 30.63% to ¥326,502,175.40 from ¥249,946,397.22, primarily due to increased revenue[15] - Inventory decreased to CNY 40,171,910.89 from CNY 52,399,490.07, a reduction of about 23.3%[23] Investments and R&D - R&D expenses rose by 120.50% to ¥11,260,655.65 from ¥5,106,875.31, indicating a significant increase in investment in research and development[15] - Long-term investments rose to CNY 78,776,407.35 from CNY 57,576,407.35, indicating an increase of approximately 36.8%[24] - The company reported a significant increase in investment income from wealth management products, contributing to overall financial performance improvements[15] Shareholder Information - The total number of shareholders reached 4,254 by the end of the reporting period[11] - The top shareholder, Liang Xi, holds 17.17% of the shares, with 16,993,945 shares pledged[11] - The company received government subsidies amounting to CNY 1,379,587.47 during the first nine months[9] - Non-recurring gains and losses totaled CNY 2,441,048.34 for the first nine months[11]