嘉澳环保(603822) - 2018 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders rose by 34.76% to CNY 40,352,080.06 for the first nine months of the year[6] - Operating revenue for the first nine months increased by 23.55% to CNY 772,465,710.74 compared to the same period last year[6] - Total revenue for Q3 2018 reached ¥302,519,991.75, an increase of 26.8% compared to ¥238,486,858.38 in Q3 2017[29] - Year-to-date revenue for 2018 was ¥772,465,710.74, up 23.6% from ¥625,217,979.19 in the same period last year[29] - Operating profit for the first nine months of 2018 was ¥24,790,080.09, a decrease of 21.3% from ¥31,451,877.11 in the same period last year[32] - The company reported a total profit of ¥25,014,792.11 for the first nine months of 2018, a decrease of 21.5% from ¥31,859,488.40 in the same period last year[32] - Net profit for Q3 2018 was ¥3,118,675.34, down 63.3% from ¥8,480,013.03 in Q3 2017[33] - The company reported a total profit of ¥3,704,803.78 for Q3 2018, a decrease of 63.2% compared to ¥10,055,716.93 in Q3 2017[32] Assets and Liabilities - Total assets increased by 5.51% to CNY 1,404,256,027.21 compared to the end of the previous year[6] - Accounts receivable increased by 107.24% to CNY 84,247,567.89 compared to the end of last year[10] - Inventory rose by 67.13% to CNY 263,326,434.07 compared to the end of last year[10] - Total liabilities increased to ¥629,352,684.97, up from ¥589,058,321.59, marking a 6.8% rise[24] Cash Flow - Cash flow from operating activities showed a significant decline of 114.53%, resulting in a net outflow of CNY 2,354,643.93[6] - Net cash flow from operating activities decreased by 114.53%, mainly due to increases in accounts receivable and inventory[14] - Cash flow from operating activities for the first nine months of 2018 was negative at -¥2,354,643.93, compared to a positive cash flow of ¥16,204,946.36 in the same period last year[35] - The net cash flow from operating activities for the first nine months of 2018 was CNY 25,845,741.04, compared to a negative cash flow of CNY 14,012,678.74 in the same period last year[39] - Total cash inflow from operating activities reached CNY 681,808,472.48, an increase from CNY 499,084,201.95 year-on-year[39] - Cash outflow for purchasing goods and services was CNY 595,649,402.50, up from CNY 449,455,785.56 in the previous year[39] Investments and Financial Activities - The net cash flow from investment activities was negative CNY 296,475,686.15, compared to a negative CNY 23,331,598.61 in the same period last year[39] - Cash inflow from investment activities totaled CNY 606,387,093.71, significantly higher than CNY 95,120,000.00 in the previous year[39] - Cash outflow for investment activities was CNY 902,862,779.86, compared to CNY 118,451,598.61 in the same period last year[39] - The net cash flow from financing activities was negative CNY 10,062,665.67, a decrease from a positive cash flow of CNY 136,722,935.69 in the previous year[39] - Total cash inflow from financing activities was CNY 280,937,590.00, down from CNY 484,945,000.00 year-on-year[39] Shareholder Information - The number of shareholders reached 11,717, indicating a stable shareholder base[9] Research and Development - Research and development expenses for the year-to-date period were ¥18,702,900.30, significantly higher than ¥10,547,737.43 in the previous year, indicating a focus on innovation[29] - Research and development expenses for the first nine months of 2018 totaled ¥16,520,120.03, an increase of 91.1% from ¥8,641,732.88 in the same period last year[32] Other Significant Events - The company terminated a major asset restructuring project involving Jiangyin Huachang Food Additives Co., Ltd., with a transaction value of 480 million yuan, leading to potential legal disputes[18] - The company’s subsidiary, Dongjiang Energy, consumed 56,843.56 tons of waste cooking oil and generated sales revenue of 249.80 million yuan from biomass energy[16] - The company’s subsidiary, Fujian Mingzhou Environmental Protection Development Co., Ltd., has entered trial production of an environmentally friendly plasticizer with an annual capacity of 50,000 tons[17]