HEC(SZ:000886)2019-10-29 16:00Financial Performance - Operating revenue for the reporting period was CNY 35,555,882.32, down 67.97% year-on-year[7] - Net profit attributable to shareholders was CNY 9,928,468.41, representing an 87.79% decrease compared to the same period last year[7] - Basic earnings per share were CNY 0.010, down 87.80% year-on-year[7] - The weighted average return on net assets was 0.44%, a decrease of 2.54% compared to the previous year[7] - The net cash flow from operating activities for the year-to-date was CNY -32,367,229.73, a decline of 115.10%[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 4,025,256.87, down 86.15% year-on-year[7] - Total profit for the period was CNY 75,050,605.55, down 61.29% from CNY 193,885,988.52, primarily due to reduced profits from real estate projects[15] - Total operating revenue for Q3 2019 was CNY 35,555,882.32, a decrease of 68.0% compared to CNY 111,011,654.15 in the same period last year[42] - Net profit for Q3 2019 was CNY 9,928,000.67, a decline of 87.8% compared to CNY 81,288,541.67 in Q3 2018[43] - Total comprehensive income attributable to the parent company was CNY 9,928,468.41, compared to CNY 81,283,655.17 in the previous year[47] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,214,858,670, a decrease of 2.13% compared to the end of the previous year[7] - The company's total assets amounted to CNY 3,284,946,767.34, with current assets contributing CNY 2,278,786,874.85[65] - The total liabilities decreased to CNY 429,190,961.56 from CNY 504,296,876.80, a reduction of approximately 15%[34] - Total current liabilities decreased to CNY 367,493,947.65 from CNY 441,782,977.37, reflecting a decline of about 16.8%[34] - The company's equity attributable to shareholders reached CNY 2,561,392,036.66, slightly up from CNY 2,555,863,800.91 year-over-year[39] Cash Flow - The net cash flow from operating activities decreased by 115.10% to -CNY 32,367,229.73, mainly due to reduced cash receipts from real estate sales[16] - Cash and cash equivalents increased by 96.12% to CNY 598,400,649.72 from CNY 305,115,286.72, reflecting an increase in time deposits[15] - The total cash and cash equivalents at the end of the period decreased to CNY 78,270,550.51 from CNY 853,074,421.13, reflecting a decline of 91.8%[61] Shareholder Information - The company reported a total of 84,661 common shareholders at the end of the reporting period[11] - The largest shareholder, Hainan Provincial Transportation Investment Holding Co., Ltd., held 25.31% of the shares[11] - The company did not engage in any repurchase transactions during the reporting period[12] Investment and Expenses - Investment income increased by 10.19% to CNY 50,262,577.16 from CNY 45,614,220.51, attributed to better bank wealth management returns[15] - The company reported a financial income of CNY 6,083,738.24, significantly higher than CNY 1,152,419.35 in the previous year[42] - The company’s investment income for Q3 2019 was CNY 9,240,542.66, down from CNY 15,015,246.14 in Q3 2018[42] - The company reported a credit impairment loss of CNY -2,857,795.96 for the quarter, with no prior year comparison available[46] - The company experienced a credit impairment loss of $10.91 million, with no comparable figure in the previous period[53] Other Financial Activities - The company has no overdue commitments from actual controllers, shareholders, or related parties during the reporting period[17] - The company has not engaged in any securities investments during the reporting period[18] - The company has not engaged in any research, communication, or interview activities during the reporting period[26] - The company has no derivative investments reported during the period[25] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[28]