HBYH(SZ:000422)2020-10-30 16:00Financial Performance - Operating revenue for the reporting period was CNY 3,633,092,663.34, an increase of 10.56% year-on-year[9] - Net profit attributable to shareholders was CNY 268,251,518.33, a significant increase of 330.77% compared to the same period last year[9] - Basic earnings per share reached CNY 0.2988, reflecting a 333.04% increase year-on-year[9] - The total operating revenue for the current period is CNY 3,633,092,663.34, compared to CNY 3,286,217,673.93 in the previous period, indicating a growth of approximately 10.57%[55] - The net profit for the current period is CNY 336,493,342.03, significantly higher than CNY 28,256,003.92 from the previous period, indicating a growth of over 1,100%[60] - The operating profit stands at CNY 202,702,435.87, compared to CNY 159,088,008.51, marking an increase of about 27.4%[60] - The total comprehensive income for the current period is CNY 336,493,342.03, compared to CNY 28,256,003.92 from the previous period, showing a significant improvement[64] Cash Flow - The net cash flow from operating activities was CNY 199,704,941.72, down 70.65% compared to the same period last year[9] - The company's net cash flow from operating activities decreased by 42% year-on-year, primarily due to reduced revenue impacted by the pandemic[25] - Cash inflow from operating activities totaled CNY 9.79 billion, down from CNY 11.50 billion year-over-year, reflecting a decrease of about 15%[89] - The net cash flow from operating activities was CNY 917.20 million, a decline of approximately 41% compared to CNY 1.56 billion in the previous year[89] - The cash flow from investment activities showed a net outflow of CNY 274.73 million, contrasting with a net inflow of CNY 38.98 million in the previous year[91] - The company’s cash outflow for operating activities was CNY 8.87 billion, compared to CNY 9.94 billion in the previous year, indicating a reduction of about 11%[89] Assets and Liabilities - Total assets at the end of the reporting period were CNY 21,969,606,542.34, a decrease of 5.00% compared to the end of the previous year[9] - The company's total assets decreased from CNY 23.13 billion at the end of 2019 to CNY 21.97 billion as of September 30, 2020[40] - The total liabilities amount to CNY 20,782,435,284.05, a decrease from CNY 21,981,693,273.36 in the previous period, reflecting a reduction of about 5.46%[46] - The non-current liabilities decreased to CNY 6,858,703,567.83 from CNY 7,853,280,116.83, indicating a decline of approximately 12.65%[46] - The company's liabilities, including accounts payable, decreased significantly, with accounts payable dropping from CNY 2.21 billion to CNY 1.98 billion[40] Shareholder Information - The total number of shareholders at the end of the reporting period was 897,866,712[13] - The largest shareholder, Hubei Yihua Group, holds 17.08% of the shares, totaling 153,326,189 shares[13] Government Subsidies and Non-Operating Income - The company reported non-operating income of CNY 189,655,034.65 from government subsidies[9] - The company received government subsidies, leading to a 571% increase in non-operating income compared to the same period last year[25] Research and Development - Research and development expenses decreased by 33% year-on-year, mainly due to reduced expenditures related to the pandemic[25] - Research and development expenses decreased to CNY 91,196,263.02 from CNY 123,891,412.13, a reduction of approximately 26.5%[60] Financial Standards and Reporting - The company did not apply new revenue and lease standards for the financial statements starting from 2020[100] - The third quarter report was not audited[100]