WHKG(SH:600168)2014-10-30 16:00Financial Performance - Operating revenue increased by 12.63% to CNY 887,069,242.47 year-to-date[7] - Net profit attributable to shareholders increased by 31.67% to CNY 311,516,681.80 year-to-date[7] - Net profit attributable to shareholders after deducting non-recurring gains and losses surged by 322.50% to CNY 290,217,675.82 year-to-date[7] - Basic earnings per share rose by 7.32% to CNY 0.44[7] - Total operating revenue for Q3 2014 was CNY 322,447,630.49, an increase of 14.7% compared to CNY 281,059,481.86 in Q3 2013[32] - Operating profit for Q3 2014 reached CNY 103,706,147.29, up 69.9% from CNY 61,126,356.77 in the same period last year[33] - Net profit attributable to shareholders for Q3 2014 was CNY 112,825,400.32, representing a 20.2% increase from CNY 93,951,582.18 in Q3 2013[33] - The company reported a total profit of CNY 148,119,542.87 for Q3 2014, an increase of 36.7% compared to CNY 108,411,341.62 in Q3 2013[33] Assets and Liabilities - Total assets decreased by 2.14% to CNY 7,033,946,404.67 compared to the end of the previous year[7] - Cash and cash equivalents decreased by 57.40% to CNY 429,830,945.02 due to loan repayments and project payments[14] - Accounts receivable increased by 138.53% to CNY 596,400,088.30, primarily due to an increase in sewage treatment fees receivable[14] - Inventory rose by 81.44% to CNY 4,586,177.43, attributed to an increase in spare parts[14] - The company's total liabilities decreased to CNY 2,738,320,627.32 from CNY 3,178,436,668.34, a reduction of about 13.9%[25] - The equity attributable to shareholders increased to CNY 4,128,252,284.58 from CNY 3,849,276,643.12, reflecting an increase of approximately 7.3%[25] - The company's long-term equity investments amounted to CNY 28,840,252.27, a slight increase from CNY 28,094,584.41 at the beginning of the year[24] - The construction in progress increased to CNY 771,502,363.24 from CNY 516,423,638.14, indicating a growth of approximately 49.2%[24] - The company reported a total current liabilities of CNY 1,250,453,766.66, down from CNY 1,396,796,599.07, a decrease of about 10.4%[25] - The company's non-current assets totaled CNY 5,907,841,927.69, an increase from CNY 5,825,055,889.40 at the beginning of the year[24] Cash Flow - Cash flow from operating activities decreased by 47.36% to CNY 210,461,155.70 year-to-date[7] - Operating cash inflow for the first nine months of 2014 was CNY 630,830,995.89, a decrease of 30.8% compared to CNY 911,381,194.81 in the same period last year[38] - Net cash flow from operating activities was CNY 210,461,155.70, down 47.3% from CNY 399,780,600.33 year-on-year[39] - Total cash outflow from investing activities was CNY 201,781,482.61, significantly lower than CNY 496,324,294.90 in the previous year, resulting in a net cash flow from investing activities of -CNY 200,771,792.61[39] - Cash inflow from financing activities totaled CNY 302,350,000.00, compared to CNY 375,000,000.00 in the same period last year, while cash outflow increased to CNY 886,190,229.98 from CNY 506,973,712.50[40] - The ending cash and cash equivalents balance was CNY 429,830,945.02, a decrease from CNY 358,615,742.87 year-on-year[40] - The company reported a net increase in cash and cash equivalents of -CNY 574,150,866.89 for the period, compared to -CNY 222,517,407.07 last year[40] Shareholder Information - The total number of shareholders reached 28,600[11] - The largest shareholder, Wuhan Water Group, holds 55.17% of the shares[11] - The company committed to distributing at least 30% of the average distributable profit over the last three years in cash dividends, contingent on profitability and positive retained earnings[17] Other Information - The company signed a joint venture agreement with Beijing Beishuiyuan Technology Co., Ltd. to establish "Wuhan Water Environment Technology Co., Ltd." on July 9, 2014[16] - The company received approval from the China Securities Regulatory Commission for its bond issuance application on September 19, 2014[16] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[32] - The company reported a significant reduction in management expenses to CNY 11,539,970.77 in Q3 2014 from CNY 16,076,989.43 in Q3 2013, a decrease of 28.5%[32]