HAND(SZ:300170)2019-10-29 16:00Financial Performance - Operating revenue for the period was ¥632,861,991.39, a decrease of 20.60% compared to the same period last year[9]. - Net profit attributable to shareholders of the listed company was -¥84,339,008.07, a decline of 191.37% year-on-year[9]. - The net profit after deducting non-recurring gains and losses was -¥91,492,234.79, down 212.31% compared to the previous year[9]. - Basic earnings per share were -¥0.0952, a decrease of 189.64% year-on-year[9]. - The weighted average return on net assets was -2.80%, a decline of 6.21% compared to the previous year[9]. - The company reported a total comprehensive loss of ¥79,490,003.56 for the current period, compared to a comprehensive income of ¥97,013,383.02 in the previous period[65]. - The net profit for the current period was a loss of ¥82,461,323.24, compared to a profit of ¥93,469,876.78 in the previous period, indicating a significant decline[61]. - The net profit for the current period is approximately -¥72.16 million, a significant decline from a profit of ¥97.31 million in the previous period[72]. - Total operating revenue for the current period reached ¥2,098,132,487.09, an increase of 5.77% compared to ¥1,983,483,005.25 in the previous period[83]. - Net profit for the current period was ¥118,304,618.60, a decrease of 52.3% from ¥247,841,628.54 in the previous period[85]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥4,285,277,600.81, an increase of 12.23% compared to the previous year[9]. - Total current assets increased to ¥3,204,304,570.54 from ¥2,830,553,394.05, representing a growth of approximately 13.2% year-over-year[41]. - Total non-current assets rose to ¥1,080,973,030.27 from ¥987,909,521.37, marking an increase of about 9.4% year-over-year[41]. - Total liabilities amounted to ¥1,171,376,394.72, compared to ¥878,974,031.08, representing an increase of around 33.2% year-over-year[44]. - Total current liabilities increased to ¥1,139,558,024.12 from ¥846,789,722.97, reflecting a rise of about 34.5% year-over-year[44]. - Total liabilities increased to ¥1,393,925,279.63 from ¥1,043,870,879.93, representing a growth of about 33.6%[57]. - The company reported a total of ¥1,357,324,434.80 in total assets for the parent company, up from ¥1,278,474,264.32, reflecting a growth of about 6.1% year-over-year[51]. Cash Flow - The company reported a net cash flow from operating activities of -¥332,947,972.06, a decrease of 113.34% year-on-year[9]. - Cash flow from operating activities showed a net outflow of ¥332,947,972.06, worsening from a net outflow of ¥156,060,992.39 in the previous period[90]. - Total cash outflow from operating activities was CNY 1,980,654,446.34, up from CNY 1,747,370,882.57, indicating an increase of about 13.3%[101]. - Net cash flow from operating activities was -CNY 460,961,683.86, worsening from -CNY 248,130,508.89 in the previous period[101]. - Cash inflow from financing activities was CNY 573,172,021.68, significantly higher than CNY 402,983,200.00, representing an increase of about 42.3%[101]. - Net cash flow from financing activities improved to CNY 266,633,352.10 from CNY 170,444,412.87, an increase of approximately 56.5%[104]. Shareholder Information - Net assets attributable to shareholders of the listed company were ¥3,119,294,666.52, up by 5.97% year-on-year[9]. - The total number of ordinary shareholders at the end of the reporting period was 61,096[14]. - Shareholders' equity attributable to the parent company increased to ¥3,119,294,666.52 from ¥2,943,598,950.44, a growth of approximately 6.0% year-over-year[47]. Expenses and Investments - Total operating costs increased to ¥716,721,367.93, up from ¥694,893,305.81, reflecting a rise of about 3.8%[58]. - Research and development expenses rose to ¥60,608,444.38, compared to ¥51,524,355.31, marking an increase of approximately 17.7%[58]. - Development expenses grew by 75.10%, mainly due to increased investment in the development of proprietary software such as HZero integration platform and O2 marketing platform[23]. - The company’s investment income showed a loss of approximately ¥7.52 million, worsening from a loss of ¥4.45 million in the previous period[69]. - The financial expenses for the current period include interest expenses of approximately ¥5.02 million, an increase from ¥3.17 million in the previous period[69]. Future Outlook - The company expects a significant decline in demand from the ERP sector, while IT demand around ERP is showing notable growth, leading to increased opportunities for multi-system implementation projects[32]. - The company plans to continue increasing investment in the development of proprietary products and optimizing personnel structure in response to macroeconomic conditions and market demand changes[32]. - The company plans to focus on market expansion and new product development to improve future performance[64]. - The company is actively pursuing new strategies, including potential mergers and acquisitions, to enhance growth prospects[114].