Chongqing Water(SH:601158)2016-10-28 16:00Financial Performance - Operating revenue for the first nine months rose by 12.90% to CNY 3,490,711,997.67 year-on-year[7] - Net profit attributable to shareholders decreased by 7.19% to CNY 1,257,805,756.76 compared to the same period last year[7] - Basic earnings per share decreased by 7.14% to CNY 0.26[8] - Total operating revenue for Q3 2016 was CNY 1,336,591,440.26, an increase of 20.2% compared to CNY 1,112,252,761.47 in Q3 2015[30] - Net profit for the first nine months of 2016 reached CNY 1,259,165,636.64, a decrease of 7.1% from CNY 1,355,276,033.89 in the same period last year[32] - Operating profit for the first nine months of 2016 was CNY 1,160,308,320.47, down from CNY 1,267,671,558.13 in the same period last year[32] - The company's operating profit for the first nine months of 2016 was ¥1,014,426,344.17, down from ¥1,172,875,237.07 in the same period last year, a decrease of approximately 13.5%[36] - The total comprehensive income for the first nine months of 2016 was ¥1,089,452,907.32, compared to ¥1,238,725,530.68 in the same period last year, reflecting a decrease of approximately 12%[37] Assets and Liabilities - Total assets increased by 2.26% to CNY 20,030,060,748.84 compared to the end of the previous year[7] - The total liabilities increased to CNY 6,376,788,334.66 from CNY 5,983,594,026.10, representing a rise of approximately 6.59%[25] - The company's current assets totaled CNY 8,959,621,649.66, compared to CNY 8,724,016,024.05 at the start of the year, indicating an increase of about 2.69%[23] - The company's non-current assets totaled CNY 11,070,439,099.18, up from CNY 10,863,614,361.92, reflecting an increase of approximately 1.91%[24] - The company's total equity decreased to CNY 12,403,388,249.40 from CNY 12,561,935,342.08 year-over-year[28] Cash Flow - Net cash flow from operating activities decreased by 12.62% to CNY 1,630,854,912.63 year-on-year[7] - Operating cash inflow for the first nine months reached ¥4,552,187,506.35, an increase from ¥4,321,931,296.39 in the previous year, reflecting a growth of approximately 5.34%[40] - Cash inflow from investment activities totaled ¥5,509,922,907.25, compared to ¥6,300,827,362.19 in the previous year, representing a decline of approximately 12.56%[41] - The ending cash and cash equivalents balance was ¥5,227,169,696.88, a decrease from ¥5,939,163,471.80, reflecting a decline of approximately 12.00%[41] - The net increase in cash and cash equivalents for the period was -¥278,211,695.28, contrasting with an increase of ¥1,861,191,194.92 in the previous year, indicating a negative shift in liquidity[41] Shareholder Information - The total number of shareholders reached 49,280 by the end of the reporting period[10] - The largest shareholder, Chongqing Derun Environment Co., Ltd., holds 50.04% of the shares[10] - The second-largest shareholder, Chongqing Water Asset Management Co., Ltd., holds 38.52% of the shares[10] Investments and Acquisitions - The company acquired 80% of Chengdu Huikai Water Treatment Co., Ltd. for ¥31,200,000, enhancing its investment in wastewater treatment projects[16] - The first phase of the wastewater treatment project has a designed capacity of 49,500 tons per day and is currently in trial operation[16] - The company has completed the payment for the equity transfer, and the registration of the equity change has been finalized[17] Government Subsidies - The company received government subsidies amounting to CNY 11,203,234.36 during the first nine months[9] Financial Ratios - The weighted average return on net assets decreased by 1.02 percentage points to 9.20%[8] - Financial expenses surged by ¥83,740,773.33, reflecting a 141.94% increase compared to ¥58,996,862.54 from the previous year[14] - Investment income decreased by ¥74,379,722.76, a 35.40% decline from ¥210,094,669.92 in the previous year[14] Compliance and Commitments - The company will not engage in any business that competes with Chongqing Water Affairs and its subsidiaries[19] - The company will ensure that its subsidiaries comply with the commitments outlined in the document[20] - The company commits to avoiding any related party transactions that could harm the interests of Chongqing Water Affairs and its minority shareholders[20]