龙净环保(600388) - 2018 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders rose by 12.56% to CNY 529,837,691.79 for the first nine months[8] - Operating revenue for the first nine months increased by 13.80% to CNY 5,657,464,939.20 compared to the same period last year[8] - Basic earnings per share increased by 13.64% to CNY 0.50[8] - The company reported a net profit margin improvement, with net profit for the first nine months showing a positive trend compared to the previous year[24] - Net profit for Q3 2018 reached CNY 281,218,933.43, compared to CNY 247,285,963.21 in Q3 2017, reflecting an increase of about 13.7%[26] - The total profit for Q3 2018 was CNY 321,939,866.79, up from CNY 291,726,206.42 in Q3 2017, representing an increase of about 10.3%[25] - The company’s total comprehensive income for Q3 2018 was CNY 282,874,309.71, compared to CNY 247,701,719.54 in Q3 2017, reflecting an increase of approximately 14.2%[27] - The net profit for the first nine months of 2018 reached ¥1.14 billion, compared to ¥326.3 million in the previous year, indicating a significant increase of 249.5%[29] Assets and Liabilities - Total assets increased by 23.21% to CNY 17,980,503,913.95 compared to the end of the previous year[8] - Total liabilities rose to CNY 13,079,238,965.37, compared to CNY 10,027,046,262.15, indicating a year-over-year increase of about 30.5%[19] - Current liabilities totaled CNY 12,079,875,518.76, an increase from CNY 9,583,157,222.72, reflecting a growth of approximately 26.1%[19] - The company’s total current assets reached ¥14,674,807,978.47, up from ¥12,854,815,986.85 at the beginning of the year[17] - Non-current assets totaled CNY 3,790,001,873.68, up from CNY 2,008,917,682.95, reflecting a significant increase of about 88.7%[22] - The company's equity attributable to shareholders increased to CNY 4,847,956,033.86 from CNY 4,525,100,653.76, a growth of approximately 7.1%[19] Cash Flow - The net cash flow from operating activities improved, showing a reduction in outflow from CNY -282,788,324.92 to CNY -201,227,504.85[8] - Cash flow from operating activities improved, with a net cash inflow of ¥201,227,504.85, compared to a net outflow in the previous period[14] - Operating cash inflow totaled approximately CNY 3.93 billion, an increase from CNY 3.67 billion year-over-year[36] - Net cash flow from operating activities was CNY 349.9 million, a significant improvement from a net outflow of CNY 330.7 million in the previous year[36] - The company received cash from sales of goods and services amounting to approximately ¥4.59 billion, compared to ¥4.39 billion in the previous year, marking a growth of 4.5%[32] Shareholder Information - The total number of shareholders reached 107,367 by the end of the reporting period[10] - The largest shareholder, Longjing Industrial Group Co., Ltd., holds 17.17% of the shares, with a total of 183,525,140 shares[10] - The company has not reported any changes in its controlling shareholder during the reporting period[11] Investments and Orders - The company added ¥102 billion in new orders (including tax) in the first three quarters of 2018, a 30.77% increase from ¥78 billion in the same period last year[14] - As of September 30, 2018, the total backlog of orders stood at ¥188 billion, reflecting ongoing demand despite potential fluctuations due to policy changes[15] - The company reported an investment income of ¥3,675,457.28, resulting from financial product returns[14] Expenses - Financial expenses increased by 88.47% to ¥44,408,710.52, primarily due to higher interest expenses[14] - The company reported a financial expense of CNY 22,687,375.71 in Q3 2018, which is an increase from CNY 13,033,365.81 in Q3 2017, reflecting a growth of approximately 74.5%[25] - Research and development expenses for Q3 2018 were CNY 113,420,873.94, slightly down from CNY 125,951,848.52 in Q3 2017, indicating a decrease of approximately 9.4%[28] Cash and Cash Equivalents - Cash and cash equivalents decreased to CNY 666,123,257.64 from CNY 1,072,078,081.80, a decline of approximately 37.8%[21] - The ending cash and cash equivalents balance was approximately ¥1.27 billion, compared to ¥1.18 billion at the end of the previous year, showing a year-over-year increase of 7.6%[33] - The ending cash and cash equivalents balance was CNY 448.4 million, down from CNY 501.7 million year-over-year[37]