HXSS(SH:600477)2019-10-30 16:00Financial Performance - Operating revenue for the first nine months was ¥4,509,531,629.02, reflecting an increase of 8.94% year-on-year[18]. - Net profit attributable to shareholders was ¥301,691,835.74, a decrease of 29.53% compared to the same period last year[18]. - Basic and diluted earnings per share were both ¥0.140, a decrease of 29.65% compared to the previous year[21]. - Total operating revenue for Q3 2019 reached ¥1,833,154,075.08, an increase of 9.66% compared to ¥1,671,988,496.92 in Q3 2018[52]. - Net profit for Q3 2019 was ¥100,541,779.93, representing a 29.73% increase from ¥77,484,777.69 in Q3 2018[55]. - The total profit for the first three quarters of 2019 was CNY 231.16 million, a decrease of 58.4% from CNY 555.74 million in the same period of 2018[63]. - Q3 2019 net profit decreased to CNY 51.80 million, down 53.8% from CNY 112.11 million in Q3 2018[63]. Cash Flow - The net cash flow from operating activities for the first nine months was ¥337,965,819.19, down 23.78% year-on-year[18]. - Cash received from operating activities rose to ¥230,339,325.41, up 270.98% from ¥62,089,210.57, attributed to an increase in receivables[28]. - Cash flow from operating activities in the first three quarters of 2019 was CNY 337.97 million, down 23.7% from CNY 443.42 million in the same period of 2018[65]. - Total cash inflow from financing activities reached CNY 779,241,305.19, up from CNY 475,450,000.00 in the previous year[72]. - Net cash flow from financing activities was -CNY 55,482,061.38, compared to CNY 41,685,560.76 in the same period last year[72]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥8,563,468,491.42, an increase of 8.32% compared to the end of the previous year[18]. - The total number of shareholders at the end of the reporting period was 75,157[24]. - The total liabilities increased significantly, with cash used for debt repayment rising to ¥947,940,134.11, a 147.85% increase from ¥382,466,508.53, indicating higher loan repayments[28]. - Current liabilities rose to approximately $5.02 billion, an increase of about 11.8% from $4.49 billion[41]. - Total liabilities increased to approximately $5.04 billion, compared to $4.51 billion, representing a growth of about 11.8%[41]. - The company’s cash and cash equivalents stood at ¥790,857,933.91 as of September 30, 2019, slightly up from ¥790,219,268.09 at the end of 2018[37]. Investments and Expenses - The company reported a significant increase in sales expenses, totaling ¥86,257,706.23, up 60.73% from ¥53,665,391.49 in the same period last year, primarily due to an increase in sales personnel for new business[28]. - Research and development expenses for Q3 2019 amounted to ¥56,060,650.57, an increase from ¥45,708,383.62 in Q3 2018[52]. - The company reported a financial loss from investments of CNY 2.19 million in Q3 2019, contrasting with a profit of CNY 50.52 million in Q3 2018[60]. - The company received tax refunds amounting to ¥84,093,325.89, a staggering increase of 992.24% from ¥7,699,146.37, mainly due to increased export tax rebates[28]. Equity and Shareholder Information - The company's equity attributable to shareholders rose to approximately $3.34 billion, compared to $3.24 billion, reflecting an increase of about 3.4%[41]. - The company reported a significant increase in minority interest profit, which rose to ¥9,554,297.68, up 1279.68% from ¥692,498.64, due to improved profitability of subsidiaries[28]. - The company has a total of $111.58 million in taxes payable[84]. - The company has a total of $42.34 million in other payables, including $501.38 thousand in dividends payable[84].