HASCO(SH:600741)2019-10-29 16:00Financial Performance - The net profit attributable to shareholders for the first nine months of 2019 decreased by 22.58% compared to the same period last year, primarily due to a one-time gain from the acquisition of 50% equity in Shanghai Koito Lighting Co., Ltd. in the previous year[4]. - Revenue for the first nine months of 2019 was approximately ¥105.60 billion, representing an 11.11% decrease compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2019 was approximately ¥4.93 billion, down 22.58% from approximately ¥6.36 billion in Q3 2018[6]. - The total profit decreased by 22.01% to 7.21 billion yuan compared to the same period last year[14]. - The total profit for the first three quarters of 2019 was ¥3,143,298,658.95, down from ¥3,808,382,048.77 in the same period of 2018, reflecting a decline of about 17%[29]. - The total profit attributable to the parent company's shareholders for the current period was ¥4,926,772,146.04, reflecting a decrease of 22.58% compared to the previous year[57]. Cash Flow - The net cash flow from operating activities for the first nine months of 2019 increased by 49.90% to approximately ¥6.63 billion compared to the same period last year[5]. - The total cash inflow from operating activities for the first three quarters of 2019 was ¥94.36 billion, a decrease of 13.5% compared to ¥109.07 billion in the same period of 2018[31]. - The cash inflow from operating activities for the first three quarters of 2019 was CNY 6,625,028,628.23, an increase from CNY 4,419,603,154.11 in the same period of 2018, showing a growth of approximately 50%[74]. - The net cash flow from investment activities was -¥2.32 billion, improving from -¥5.00 billion in 2018[32]. - The net cash flow from financing activities was -¥3.21 billion, worsening from -¥2.76 billion in 2018[32]. Assets and Liabilities - Total assets as of the end of the reporting period increased by 3.32% to approximately ¥138.13 billion compared to the end of the previous year[5]. - Current liabilities totaled ¥68,649,299,966.10, slightly increasing from ¥68,078,251,886.83, representing a rise of approximately 0.8%[20]. - Total liabilities amounted to ¥80,591,716,160.70, compared to ¥79,059,086,883.78, showing a growth of about 1.9%[20]. - The company's cash and cash equivalents decreased to ¥1,917,678,955.33 from ¥2,715,519,038.35, a decline of approximately 29.4%[20]. - Total liabilities increased to ¥80,591,716,160.70 from ¥79,059,086,883.78, representing a growth of approximately 1.93% year-over-year[63]. Shareholder Information - The total number of shareholders at the end of the reporting period was 47,075, with Shanghai Automotive Group Co., Ltd. holding 58.32% of the shares[8]. - The net assets attributable to shareholders at the end of the reporting period were ¥48.11 billion, reflecting a growth of 6.05% compared to the previous year-end[48]. - The company's equity attributable to shareholders was ¥45,364,483,948.07, indicating a strong capital position[38]. Research and Development - R&D expenses for Q3 2019 amounted to ¥1,307,894,500.69, an increase of 19.2% compared to ¥1,097,000,777.94 in Q3 2018[24]. - Research and development expenses for the first three quarters of 2019 totaled CNY 43,494,031.70, compared to CNY 45,958,774.72 in the same period of 2018, reflecting a decrease of about 5%[71]. Comprehensive Income - The total comprehensive income for Q3 2019 was ¥2,766,770,018.59, compared to ¥2,253,253,797.19 in Q3 2018, showing an increase of 22.7%[25]. - The total comprehensive income for Q3 2019 was CNY 322,513,864.87, compared to CNY 946,101,483.90 in Q3 2018, indicating a decrease of approximately 66%[73].