HASCO(SH:600741)2021-10-28 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥33,723,570,144.23, a decrease of 11.50% compared to the same period last year[4]. - The net profit attributable to shareholders for Q3 2021 was ¥1,971,414,402.28, an increase of 9.80% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,445,406,788.88, a decrease of 16.74% compared to the same period last year[4]. - Total operating revenue for the first three quarters of 2021 reached ¥100,334,247,776.03, an increase of 9.0% compared to ¥91,725,655,468.21 in the same period of 2020[19]. - Total operating costs for the third quarter amounted to ¥97,004,766,320.00, up from ¥89,422,786,017.67 in the previous year, reflecting a year-on-year increase of 8.8%[20]. - Operating profit for the third quarter was ¥6,852,710,204.88, compared to ¥4,358,398,544.07 in the same quarter of 2020, representing a growth of 57.3%[20]. - The total comprehensive income for Q3 2021 was approximately ¥6.23 billion, compared to ¥3.95 billion in Q3 2020, indicating a growth of 57.9%[22]. - The net profit for Q3 2021 reached approximately ¥5.99 billion, up from ¥4.01 billion in the same quarter last year, marking a growth of 49.4%[21]. - The net profit attributable to shareholders of the parent company was approximately ¥4.70 billion, compared to ¥3.10 billion in Q3 2020, reflecting an increase of 51.5%[21]. - Basic earnings per share for Q3 2021 were ¥1.491, compared to ¥0.984 in Q3 2020, representing an increase of 51.5%[22]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥8,206,619,036.25, an increase of 11.84% compared to the same period last year[4]. - Cash inflow from operating activities for the first three quarters of 2021 was approximately ¥87.18 billion, compared to ¥78.39 billion in the same period of 2020, an increase of 11.5%[23]. - The net cash flow from operating activities for Q3 2021 was approximately ¥8.21 billion, compared to ¥7.34 billion in Q3 2020, reflecting a growth of 11.9%[24]. - The net cash flow from investing activities for Q3 2021 was approximately ¥2.14 billion, compared to a negative cash flow of ¥1.31 billion in Q3 2020, indicating a significant improvement[24]. - The net cash flow from financing activities for Q3 2021 was approximately -¥10.20 billion, compared to -¥4.39 billion in Q3 2020, showing an increase in cash outflow[24]. - The ending cash and cash equivalents balance for Q3 2021 was approximately ¥35.69 billion, compared to ¥33.82 billion at the end of Q3 2020, an increase of 5.5%[24]. Assets and Liabilities - Total assets at the end of Q3 2021 were ¥149,475,392,261.97, a decrease of 0.64% from the end of the previous year[6]. - The total liabilities rose to ¥97,491,435,511.97, compared to ¥92,247,819,855.97 in the previous year, indicating an increase of 5.4%[18]. - The total assets decreased slightly to ¥149,475,392,261.97 from ¥150,435,959,594.19, a decline of 0.6%[18]. - The company's total equity decreased to ¥51,983,956,750.00 from ¥58,188,139,738.22, reflecting a decline of 10.0%[18]. - The company's long-term equity investments are valued at ¥11,928,289,079.40 as of September 30, 2021, a decrease from ¥12,739,295,457.41 in 2020[16]. - Total current assets as of September 30, 2021, are ¥91,139,305,246.83, down from ¥93,927,743,484.68 at the end of 2020[16]. - Total liabilities as of September 30, 2021, were RMB 86,807,185,907.61, an increase from RMB 84,712,579,144.04 at the end of 2020[46]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 75,161[11]. - Shanghai Automotive Group Co., Ltd. holds 1,838,663,129 shares, accounting for 58.32% of total shares[11]. - The second largest shareholder, Hong Kong Central Clearing Limited, holds 303,516,903 shares, representing 9.63%[11]. - The company has no disclosed related party transactions among the top ten shareholders[12]. - The company has not reported any significant changes in the financing and securities lending activities of the top ten shareholders[12]. Research and Development - Research and development expenses for the third quarter totaled ¥4,403,827,667.46, an increase of 22.4% from ¥3,597,356,706.08 in the previous year[20]. - Research and development expenses for the first three quarters of 2021 amounted to ¥4.40 billion, an increase of 22.4% from ¥3.60 billion in the same period of 2020[49]. Acquisitions and Investments - The company completed the acquisition of a 49.99% stake in Yanfeng Adient Seating Co., Ltd., enhancing its control over the subsidiary[14]. - The company’s net profit attributable to shareholders is expected to increase due to the acquisition of Yanfeng Adient, which will enhance operational efficiency and market presence[43].