HHI(SH:601226)2019-10-29 16:00Financial Performance - Net profit attributable to shareholders of the listed company was ¥56,780,219.91, representing a year-on-year increase of 21.01%[18] - Operating income for the period was ¥4,729,607,973.29, up 10.90% from the same period last year[18] - The net profit after deducting non-recurring gains and losses was ¥40,074,910.12, an increase of 38.56% year-on-year[18] - The company reported a total of ¥7,273,740.23 in non-recurring gains for the period, contributing positively to the overall financial performance[19] - The company's net profit attributable to shareholders for Q3 2019 was CNY 32,269,050.94, compared to CNY 24,800,211.25 in Q3 2018, representing a year-over-year increase of approximately 30%[54] - The total comprehensive income for Q3 2019 was CNY 32,269,050.94, compared to CNY 24,800,211.25 in Q3 2018, showing a growth of around 30%[56] - The company reported a total profit of CNY 32,059,820.44 for Q3 2019, compared to CNY 25,605,035.05 in Q3 2018, marking an increase of approximately 25%[54] Cash Flow - Net cash flow from operating activities was ¥144,732,465.79, a significant improvement from a negative cash flow of ¥245,839,697.99 in the previous year, marking an increase of 158.87%[18] - The net cash flow generated from operating activities for the first three quarters of 2019 was CNY 144,732,465.79, a significant improvement from a negative cash flow of CNY -245,839,697.99 in the same period of 2018[56] - The net cash flow from financing activities was -56,014,562.57 RMB, an improvement from -120,002,583.28 RMB in the previous year, showing a reduction in cash outflow[58] - The total cash and cash equivalents at the end of the period reached 1,330,765,694.23 RMB, compared to 575,261,467.30 RMB at the end of the same period last year, marking a 131.3% increase[58] - The net cash flow from investment activities was 58,479,715.20 RMB, compared to a negative cash flow of -85,388,482.75 RMB in the previous year, indicating a turnaround in investment performance[61] Assets and Liabilities - Total assets at the end of the reporting period reached ¥8,803,175,868.56, an increase of 9.02% compared to the end of the previous year[18] - The company's total assets as of September 30, 2019, amounted to CNY 88.03 billion, compared to CNY 80.75 billion at the end of 2018[35] - Total liabilities increased to ¥3,194,111,128.88 in Q3 2019 from ¥2,878,517,215.59 in Q3 2018[41] - The total liabilities of the company stood at 4,485,497,930.87 RMB, unchanged from the previous year, indicating stable financial leverage[62] - Total assets amounted to approximately $6.36 billion, with current assets at $5.55 billion and non-current assets at $803.22 million[66] Shareholder Information - The number of shareholders at the end of the reporting period was 40,877, with the largest shareholder holding 63.13% of the shares[22] - Shareholders' equity totaled approximately $3.48 billion, consisting of paid-in capital of $1.16 billion and retained earnings of $953.81 million[66] Research and Development - The company reported R&D expenses of ¥39,319,137.35 for Q3 2019, compared to ¥33,744,217.63 in Q3 2018[47] - Research and development expenses for Q3 2019 amounted to CNY 47,404,141.51, slightly up from CNY 45,226,350.56 in Q3 2018, indicating a focus on innovation[54] Business Expansion and Strategy - The company plans to expand into emerging businesses such as offshore wind power and intelligent transportation systems to adapt to national energy development trends[32] - The company has signed a letter of intent for the acquisition of 100% equity in Huadian Zhengzhou Mechanical Design Institute, pending necessary approvals[30] Other Financial Metrics - Basic earnings per share rose to ¥0.05, reflecting a 25.00% increase compared to the previous year[21] - Cash received from tax refunds increased significantly to CNY 35.22 million, up 541.64% year-on-year[35] - The company's cash and cash equivalents stood at CNY 1.45 billion, an increase from CNY 1.39 billion in the previous year[35] - The company's short-term borrowings increased to CNY 444.93 million, up from CNY 407 million in the previous year[35] - The company's investment income for Q3 2019 was CNY 3,834,530.88, down from CNY 5,028,301.88 in Q3 2018, indicating a decrease of about 24%[54]