HBYH(SZ:000422)2019-10-30 16:00Financial Performance - Operating revenue for the reporting period was ¥3,286,217,673.93, down 16.28% compared to the same period last year[9]. - Net profit attributable to shareholders of the listed company was ¥62,271,924.32, a decrease of 35.41% year-on-year[9]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥202,287,156.77, indicating a significant decline of 760.00% compared to the previous year[9]. - Basic earnings per share were ¥0.0690, down 31.00% year-on-year, while diluted earnings per share were also ¥0.0690, reflecting an 88.33% decrease compared to the same period last year[9]. - The weighted average return on net assets was 6.00%, a decrease of 46.33% year-on-year[9]. - Net profit for the current period is ¥28,256,003.92, a decrease of 79.5% compared to ¥137,654,909.22 in the previous period[58]. - The company reported a net loss of ¥-3,205,560,450.30, slightly improved from ¥-3,236,731,321.27, indicating a reduction in losses[44]. - Net profit for the period was ¥103,682,854.69, a significant decrease of 73.8% from ¥396,296,346.78 in the same period last year[75]. - The company reported a total comprehensive income of ¥103,682,854.69, down from ¥396,296,346.78, reflecting a decrease of 73.8%[79]. - The company reported a net profit of ¥212,732,260.01, a substantial recovery from a net loss of ¥2,380,742,439.09 in the previous period[83]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥24,168,811,173.62, an increase of 1.01% compared to the end of the previous year[9]. - Total liabilities increased to ¥22,121,537,497.23, up from ¥21,980,801,325.17, reflecting a growth of approximately 0.64%[41]. - Total equity rose to ¥2,047,273,676.39 from ¥1,946,552,664.67, indicating an increase of about 5.19%[44]. - Total current assets amounted to approximately 6.60 billion yuan, an increase from 5.78 billion yuan at the end of the previous year[38]. - Total assets reached approximately 24.17 billion yuan, compared to 23.93 billion yuan at the end of the previous year[38]. - Total non-current liabilities increased to ¥5,010,450,146.56 from ¥3,316,472,773.03, a rise of approximately 51.1%[41]. - The total liabilities of the company amounted to ¥18,664,328,552.14, reflecting the company's financial obligations[109]. - The total assets of the company were reported at ¥23,927,353,989.84, indicating the overall value of the company's resources[109]. Cash Flow - The net cash flow from operating activities was significantly positive at ¥1,563,980,670.36, showing an increase of 413.00% compared to the previous year[9]. - Net cash flow from operating activities increased by 413.3% compared to the same period last year, mainly due to the growth in advance receipts[21]. - The net cash flow from investing activities decreased by 90.22% compared to the same period last year, primarily due to gains from the transfer of equity in Xinjiang Yihua in the previous year[21]. - Net cash flow from financing activities increased by 1670.17% compared to the same period last year, mainly due to loan repayments during the reporting period[21]. - The net cash flow from operating activities was ¥394,329,636.81, a significant improvement from a negative cash flow of ¥572,930,837.06 in the previous period[99]. - The net cash flow from financing activities was -¥1,836,738,783.52, indicating a net outflow due to debt repayments and dividend distributions[94]. - The net cash flow from investing activities was ¥288,521,308.52, a recovery from a negative cash flow of ¥3,704,431,076.74 in the previous period[99]. - The company received cash from investment income amounting to ¥140,285,860.05, a substantial increase from ¥2,016,660.32 in the previous period[99]. Shareholder Information - Net assets attributable to shareholders of the listed company amounted to ¥1,116,214,774.40, reflecting a growth of 2.81% year-on-year[9]. - The top ten shareholders held a total of 17.08% of the shares, with Hubei Yihua Group Co., Ltd. being the largest shareholder[13]. - The total equity attributable to shareholders of the parent company was CNY 1,085,691,384.08, while total equity reached CNY 1,946,552,664.67[113]. Research and Development - R&D expenses increased by 1110.16% compared to the same period last year, reflecting increased investment in R&D projects during the reporting period[21]. - Research and development expenses increased significantly to ¥123,891,412.13 from ¥12,815,030.87, reflecting a growth of 867.5%[55]. - R&D expenses amounted to ¥127,932,897.68, reflecting a significant investment in innovation[83]. - Research and development expenses surged to ¥349,434,359.55, compared to ¥28,874,979.07 in the previous period, marking an increase of 1,115.5%[72]. Financial Ratios and Metrics - The financial expenses for the current period are ¥218,784,135.77, slightly up from ¥215,287,731.36 in the previous period[55]. - The financial expenses for the period were ¥604,206,525.81, a decrease from ¥703,071,125.46, indicating a reduction of 14.1%[72]. - The company recorded a significant asset disposal gain of ¥311,131,970.83 compared to a loss of ¥8,878,675.22 in the previous period[58]. - The company recorded a net loss from asset impairment of ¥70,460,663.97, compared to a loss of ¥131,651,474.52 in the previous period[75]. - Tax expenses for the period were ¥15,758,939.69, slightly up from ¥14,557,642.54, representing an increase of 8.2%[75].