HJHS(SH:603616)2016-10-27 16:00Financial Performance - Revenue for the first nine months decreased by 2.48% to CNY 381,798,006.27 compared to the same period last year[6]. - Net profit attributable to shareholders was a loss of CNY 6,650,037.56, a decrease of 229.44% compared to the same period last year[6]. - Basic earnings per share decreased by 154.05% to -CNY 0.0227 compared to the same period last year[7]. - Total operating revenue for the third quarter reached ¥235,495,007.96, a significant increase of 130.6% compared to ¥101,937,396.78 in the same period last year[29]. - For the first nine months of the year, total operating revenue was ¥381,798,006.27, slightly down from ¥391,503,588.85 in the previous year[29]. - Net profit attributable to the parent company was ¥24,822,885.45, compared to a net loss of ¥5,002,440.97 in the same quarter last year, marking a turnaround[31]. - The total comprehensive income for the third quarter was ¥24,822,885.45, a significant improvement from a loss of ¥5,002,440.97 in the previous year[31]. - Operating profit for the third quarter was ¥27,939,168.44, a recovery from a loss of ¥6,860,611.41 in the same quarter last year[30]. Cash Flow - Net cash flow from operating activities improved by 144.21% to CNY 98,687,274.42 compared to the same period last year[6]. - Operating cash flow for the first nine months of 2016 was CNY 98,687,274.42, a turnaround from a negative cash flow of CNY 223,246,102.96 in the previous year[35]. - The company reported a total cash inflow from operating activities of CNY 698,009,381.66 for the first nine months of 2016, compared to CNY 396,051,129.96 in the same period last year[35]. - Cash flow from operating activities net amount was $97,302,251.17, a significant improvement compared to a negative cash flow of $217,937,113.62 in the same quarter last year[38]. - The net increase in cash and cash equivalents was $50,414,205.61, contrasting with a decrease of $24,356,625.29 in the previous year[38]. - Cash and cash equivalents at the end of Q3 2016 totaled CNY 189,948,986.63, an increase from CNY 63,445,335.82 at the end of the previous year[36]. Assets and Liabilities - Total assets increased by 21.10% to CNY 1,800,731,893.92 compared to the end of the previous year[6]. - Total current assets increased to ¥1,124,689,352.60 from ¥973,886,777.36, representing a growth of approximately 15.5%[23]. - Total non-current assets increased to ¥676,042,541.32 from ¥513,120,361.61, reflecting a growth of about 31.8%[24]. - Total liabilities amounted to ¥976,278,557.71, up from ¥649,633,149.82, representing an increase of around 50.2%[25]. - Total current liabilities rose to ¥964,471,243.95 from ¥643,124,867.19, an increase of about 50.0%[24]. - Short-term borrowings increased to ¥280,000,000.00 from ¥220,200,000.00, a rise of approximately 27.2%[24]. Shareholder Information - The total number of shareholders at the end of the reporting period was 27,173[10]. - The largest shareholder, Beijing Hanjian Group, holds 47.82% of the shares[10]. - Shareholders' equity decreased to ¥824,453,336.21 from ¥837,373,989.15, a decline of approximately 1.5%[25]. Operational Highlights - The company secured three large PCCP projects in Hubei, Liaoning, and Jilin, with a total contract value of approximately RMB 1.475 billion[12]. - The company reported a non-operating income of CNY 846,423.08 related to government subsidies for the first nine months[8]. - Sales expenses increased by 41.93% to approximately RMB 32.20 million due to rising freight costs[12]. - Management expenses increased to ¥23,130,730.35 from ¥17,183,538.16, reflecting investments in operational capabilities[30]. - The company has not disclosed any new product developments or market expansion strategies in this report[6]. Investment Activities - The net cash flow from investment activities was negative at RMB -155.03 million, a 137.34% decline, due to increased investments in production bases[12]. - Investment activities resulted in a net cash outflow of CNY 155,025,126.91 for the first nine months of 2016, compared to a net outflow of CNY 65,318,052.64 in the same period last year[36]. - Cash outflow for the acquisition of fixed assets was $83,121,834.71, compared to $61,215,812.64 in the previous year, indicating increased investment in long-term assets[38].