Huada(SH:603358)2019-10-28 16:00Financial Performance - Operating revenue for the period from January to September was CNY 2,641,537,697.76, down 3.11% year-on-year[18]. - Net profit attributable to shareholders of the listed company was CNY 121,834,691.87, a decline of 32.91% compared to the same period last year[18]. - The net profit after deducting non-recurring gains and losses was CNY 76,987,083.93, down 56.47% year-on-year[20]. - Basic earnings per share were CNY 0.39, a decrease of 32.76% compared to the same period last year[20]. - Total operating revenue for Q3 2019 was ¥772,216,223.57, a decrease of 7.44% from ¥834,304,618.81 in Q3 2018[48]. - Net profit for Q3 2019 reached ¥76,873,685.23, an increase of 100.00% compared to ¥38,379,209.93 in Q3 2018[52]. - The total profit for Q3 2019 was ¥99,114,622.60, compared to ¥46,201,994.37 in Q3 2018, reflecting a significant increase[52]. - The total operating revenue for the first three quarters of 2019 was ¥2,641,537,697.76, down from ¥2,726,191,500.78 in the same period of 2018[48]. - The total profit for the first three quarters of 2019 was approximately ¥102.88 million, a decrease of 40.2% from ¥171.77 million in the same period of 2018[63]. Cash Flow - The net cash flow from operating activities for the period was CNY 167,479,904.00, a decrease of 14.11% year-on-year[18]. - The cash flow from operating activities for the first three quarters of 2019 was approximately ¥2.94 billion, an increase of 3.7% from ¥2.84 billion in the same period of 2018[66]. - The net cash flow from operating activities was 126,627,691.86 RMB, a significant improvement compared to a net outflow of -14,894,047.26 RMB in the same period last year[71]. - Total cash inflow from operating activities was 2,668,316,232.73 RMB, while cash outflow was 2,541,688,540.87 RMB, resulting in a net inflow of 126,627,691.86 RMB[71]. - The company reported a net cash flow from investing activities of approximately -¥294.99 million in Q3 2019, an improvement from -¥486.18 million in Q3 2018[69]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,393,852,458.29, a decrease of 6.56% compared to the end of the previous year[18]. - The company's total current assets amounted to ¥2,567,867,870.24, a decrease from ¥2,788,217,786.79 in the previous year[33]. - The company's cash and cash equivalents were reported at ¥400,225,093.34, down from ¥661,433,096.56 year-over-year[33]. - Total liabilities amounted to RMB 1,520,386,987.81, up from RMB 1,408,881,076.50, indicating an increase of about 7.91%[45]. - The total current liabilities increased to RMB 1,517,142,389.32 from RMB 1,405,221,315.57, indicating a rise of approximately 7.99%[45]. - The total assets of the company amounted to 4,702,454,020.76 RMB, with current assets totaling 2,788,217,786.79 RMB[76]. - Total liabilities amount to 1,408,881,076.50, with non-current liabilities at 3,659,760.93[87]. Shareholder Information - The total number of shareholders at the end of the reporting period was 14,591[22]. - The company's retained earnings as of September 30, 2019, were RMB 649,376,256.66, down from RMB 652,509,993.92, a decrease of about 0.51%[47]. - The total equity attributable to shareholders reached ¥2,590,466,864.99, contributing to a total equity of ¥2,743,375,925.40[82]. Government Subsidies and Non-Operating Income - Government subsidies recognized in the current period amounted to CNY 4,528,950.50, compared to CNY 6,659,759.31 in the previous year[20]. - Non-operating income and expenses included a loss of CNY 123,373.23 in the current period[21]. Research and Development - Research and development expenses for Q3 2019 were ¥35,875,941.43, a decrease of 25.00% from ¥47,827,513.34 in Q3 2018[48]. - Research and development expenses in Q3 2019 were approximately ¥31.89 million, a decrease of 29.5% compared to ¥45.20 million in Q3 2018[60].