Hexing(SH:603556)2019-10-28 16:00Financial Performance - Operating revenue for the first nine months was ¥1,990,138,272.10, representing an increase of 8.18% compared to the same period last year[5]. - Net profit attributable to shareholders of the listed company was ¥370,968,737.11, a significant increase of 32.99% year-on-year[5]. - The company's net profit for the reporting period was 370,021,955.64 RMB, representing a 33.73% increase compared to the previous year[12]. - The company's operating profit increased by 38.01% to 437,684,223.52 RMB due to increased revenue and decreased operating costs[12]. - Basic and diluted earnings per share were both ¥0.76, an increase of 20.63% from the previous year[6]. - The weighted average return on equity increased by 1.74 percentage points to 7.57%[5]. - The company reported a 68.13% increase in advance receipts, totaling 157,967,059.90 RMB, reflecting increased customer orders[12]. - The company's operating revenue for Q3 2019 was approximately ¥470.08 million, a decrease of 7.25% compared to ¥506.79 million in Q3 2018[26]. - The net profit attributable to shareholders for Q3 2019 was approximately ¥90.28 million, down from ¥116.37 million in Q3 2018, representing a decline of 22.49%[25]. - The basic earnings per share for Q3 2019 was ¥0.18, compared to ¥0.24 in the same period last year, reflecting a decrease of 25%[25]. - The total comprehensive income attributable to the parent company for Q3 2019 was approximately ¥86.49 million, compared to ¥87.15 million in Q3 2018, showing a slight decline of 0.76%[25]. Cash Flow - Net cash flow from operating activities reached ¥208,632,936.19, up 272.81% compared to the previous year[5]. - The net cash flow from operating activities for the first nine months of 2019 was approximately ¥1.44 billion, compared to ¥1.31 billion in the same period of 2018, indicating a growth of 9.9%[26]. - Net cash flow from operating activities for Q3 2019 was ¥208.63 million, significantly higher than ¥55.96 million in Q3 2018[30]. - Cash inflow from operating activities for the first three quarters of 2019 was approximately ¥2.08 billion, an increase of 20.8% from ¥1.73 billion in the same period of 2018[29]. - Cash inflow from investment activities for the first three quarters of 2019 was approximately ¥5.97 billion, compared to ¥3.22 billion in the same period of 2018, representing an increase of 85.7%[30]. - Net cash flow from investment activities for Q3 2019 was ¥249.09 million, a turnaround from a negative cash flow of ¥552.27 million in Q3 2018[30]. - The net increase in cash and cash equivalents for Q3 2019 was approximately ¥284.81 million, a recovery from a decrease of ¥685.75 million in Q3 2018[31]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥6,690,069,299.78, an increase of 4.39% compared to the end of the previous year[5]. - Current assets totaled ¥5,255,802,165.56, compared to ¥5,038,537,622.07, indicating an increase of about 4.3%[15]. - Total liabilities reached ¥1,595,624,079.90, up from ¥1,510,393,490.71, which is an increase of approximately 5.6%[16]. - Current liabilities totaled ¥1,382,918,247.13, compared to ¥1,299,456,985.43, marking an increase of about 6.4%[16]. - The company's inventory increased by 49.23% to 523,203,173.24 RMB, indicating a rise in stock levels[11]. - The company reported a decrease in other receivables to ¥91,835,409.19 from ¥62,432,371.61, which is an increase of about 47.2%[15]. - The company's long-term equity investments decreased to ¥29,145,524.99 from ¥29,963,998.36, reflecting a decline of approximately 2.7%[15]. - Total current assets were reported at $5.04 billion, with significant components including cash and cash equivalents, accounts receivable, and inventory[34]. - Non-current assets totaled approximately $1.37 billion, with notable investments in fixed assets and intangible assets[34]. - Total liabilities reached $1.51 billion, with current liabilities accounting for approximately $1.3 billion[35]. Shareholder Information - The total number of shareholders at the end of the reporting period was 23,593, with Zhejiang Haixing Holding Group holding 48.81% of shares[9]. - The total number of shares held by the top ten shareholders accounted for a significant portion of the company's equity, with the largest shareholder holding over 64 million shares[9]. - The company's equity attributable to shareholders was approximately $4.89 billion, reflecting a slight increase in retained earnings[35]. Government and Other Income - Government subsidies recognized in the current period amounted to ¥900,838.54, totaling ¥6,294,419.08 for the year-to-date[7]. - Other operating income and expenses totaled ¥933,597.63 for the current period, with a year-to-date total of ¥1,907,168.33[8]. - The company reported a total of ¥3,134,684.56 in non-recurring gains and losses for the current period, with a year-to-date total of ¥40,385,328.40[8]. Strategic Focus - The company plans to continue focusing on market expansion and new product development in the upcoming quarters[21]. - The company is focusing on expanding its market presence and developing new technologies to enhance its competitive edge[36].