HNTY(SH:900946)2020-10-27 16:00Financial Performance - Net profit attributable to shareholders was CNY 3,412,442.12, representing a 193.20% increase year-on-year [7]. - Operating revenue for the period was CNY 438,567,573.68, reflecting a growth of 29.93% compared to the same period last year [7]. - Basic earnings per share rose to CNY 0.0032, a 166.67% increase compared to the same period last year [7]. - The company reported a net loss of CNY 10,312,783.21 from non-recurring items, which is an 81.73% increase in loss compared to the previous year [7]. - The net profit for Q3 2020 was a loss of ¥858,154.81, compared to a loss of ¥2,638,156.87 in Q3 2019, indicating an improvement in performance [26]. - The total profit for the first three quarters of 2020 was ¥3,476,709.09, compared to ¥1,188,109.23 in the same period of 2019 [26]. - The total comprehensive income for the third quarter was -89,823.99 CNY, compared to 2,158,143.47 CNY in the same quarter of the previous year [31]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 1,237,660,841.55, a 0.51% increase compared to the end of the previous year [6]. - Non-current assets totaled CNY 219,322,690.88, down from CNY 302,212,050.75 year-over-year [20]. - Current liabilities increased to CNY 439,048,397.40 from CNY 409,641,816.61, primarily due to an increase in accounts payable from CNY 143,264,066.79 to CNY 197,399,799.75 [20]. - The company's total liabilities decreased slightly to CNY 465,251,092.80 from CNY 468,438,296.51 [20]. - The equity attributable to shareholders rose to CNY 772,409,748.75 from CNY 762,938,111.01 [20]. - The company’s total current assets were reported at 929,164,356.77 RMB, while total non-current assets were 302,212,050.75 RMB [39]. Cash Flow - Net cash flow from operating activities increased by 134.99% to CNY 41,259,434.55 for the first nine months [6]. - The net cash flow from financing activities decreased by 90.56% to -¥24,766,428.70, as interest-bearing liabilities were reduced during the period [14]. - Operating cash flow for the first three quarters of 2020 was 41,259,434.55 CNY, up from 17,558,202.44 CNY in the same period of 2019, showing an increase of approximately 134.5% [34]. - The total cash outflow from operating activities was 163,728,351.12 CNY, compared to 148,874,411.22 CNY in the previous year, representing an increase of approximately 10% [34]. - The ending balance of cash and cash equivalents as of September 30, 2020, was 964,639.36 RMB, down from 1,235,151.52 RMB at the beginning of the period [37]. Shareholder Information - The total number of shareholders reached 89,112 at the end of the reporting period [11]. - The largest shareholder, China Changan Automobile Group, holds 37.40% of the shares, totaling 398,067,580 shares [11]. Expenses and Income - Sales expenses grew by 40.94% to ¥35,837,152.29, influenced by increased business volume and higher service and transportation costs due to the pandemic [14]. - Financial expenses decreased by 158.16% to -¥2,821,275.84, attributed to reduced interest-bearing liabilities and increased interest income [14]. - Other income surged by 106.18% to ¥11,874,765.77, primarily due to an increase in government subsidies received [14]. - Research and development expenses for Q3 2020 amounted to ¥7,506,463.82, an increase of 77.5% from ¥4,240,783.68 in Q3 2019 [25]. - The company paid 81,675,848.03 CNY in employee compensation during the first three quarters, slightly up from 80,003,498.56 CNY in 2019 [34]. Government Subsidies - Government subsidies recognized during the period amounted to CNY 11,874,765.77, contributing to the overall financial performance [8]. - The company reported a total of ¥11,874,765.77 in other income for the first three quarters of 2020, compared to ¥5,759,354.85 in the same period of 2019 [25]. Equity Transactions - The company completed the transfer of 0.81% equity in a financial subsidiary to China Chang'an Automobile Group, finalizing the related transaction [15].