碧水源(300070) - 2017 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period reached CNY 2.51 billion, a significant increase of 192.70% year-on-year[8] - Net profit attributable to shareholders was CNY 207.25 million, up 22.32% compared to the same period last year[8] - The net profit after deducting non-recurring gains and losses was CNY 211.04 million, reflecting a 24.08% increase year-on-year[8] - Basic earnings per share rose by 32.00% to CNY 0.066 per share[8] - The weighted average return on equity improved to 1.28%, an increase of 6.67% compared to the previous year[8] - Total operating revenue for the period reached ¥2,510,819,324.60, a significant increase from ¥857,814,056.13 in the previous period, representing a growth of approximately 192.5%[43] - Net profit for the period was ¥232,742,734.93, up from ¥163,809,175.12, reflecting a growth of approximately 42.1%[44] - Net profit for the period was ¥761,961,089.97, compared to ¥424,376,906.62 in the previous period, indicating a year-over-year increase of about 79.7%[52] - Operating profit for the current period was ¥934,489,534.71, up from ¥519,309,959.50 in the same period last year, reflecting a growth of approximately 79.9%[52] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 2.21 billion, a decrease of 65.91% year-on-year[8] - Cash inflows from operating activities totaled CNY 4.79 billion, an increase of 27.00% from CNY 3.77 billion in the same period last year[59] - Cash outflows from operating activities were CNY 6.99 billion, up from CNY 5.10 billion, resulting in a net cash flow from operating activities of -CNY 2.21 billion, worsening from -CNY 1.33 billion year-over-year[59] - Investment activities resulted in a net cash outflow of CNY 4.66 billion, compared to a net outflow of CNY 2.21 billion in the same period last year[60] - Financing activities generated a net cash inflow of CNY 3.93 billion, an increase from CNY 2.53 billion year-over-year[60] - The net increase in cash and cash equivalents was a decrease of CNY 1.96 billion, compared to a decrease of CNY 783.06 million in the previous year[62] Assets and Liabilities - Total assets increased by 14.25% to CNY 36.34 billion compared to the end of the previous year[8] - The company's total assets increased to ¥36,337,632,256.22, up from ¥31,806,430,085.04 at the beginning of the period[36] - The total liabilities increased to ¥18,592,405,250.87 from ¥15,472,364,630.59, indicating a rise in financial obligations[37] - The company's equity attributable to shareholders rose to ¥16,259,720,720.55, compared to ¥15,521,078,887.45 at the beginning of the period[38] - Long-term borrowings increased by 70.18% to ¥2,496,440,192.56, reflecting additional financing for PPP projects[22] Shareholder Information - The total number of shareholders at the end of the reporting period was 105,105[12] - Major shareholder Wen Jianping holds 22.90% of the shares, with 717.47 million shares pledged[12] Inventory and Receivables - Accounts receivable decreased by 51.67% to ¥14,340,377.95, mainly due to the maturity of certain notes during the reporting period[17] - Inventory increased by 250.31% to ¥1,508,964,062.02, driven by increased unfinished projects and production needs[18] - The company reported a significant increase in inventory, which rose to ¥1,508,964,062.02 from ¥430,751,350.25[35] Non-Recurring Gains and Other Income - The company reported non-recurring gains of CNY 225.24 million, primarily from the disposal of shares in a Hong Kong-listed company[9] - Investment income rose by 183.11% to ¥284,564,110.31, driven by the disposal of shares and the acquisition of Beijing Liangye Environmental Technology Co., Ltd.[24] Comprehensive Income and Expenses - The company reported a total comprehensive income of ¥750,241,350.37 for the period, compared to ¥471,452,620.33 in the previous period, reflecting an increase of about 59.0%[53] - The total tax expense for the period was ¥188,723,926.22, compared to ¥98,696,075.58 in the previous period, indicating an increase of approximately 91.3%[52] - Financial expenses surged by 324.72% to ¥234,508,516.88, primarily due to new borrowings and issuance fees[24] Future Outlook - The company plans to continue focusing on investment in new technologies and market expansion to drive future growth[56] Third Quarter Performance - The total revenue for the third quarter was approximately CNY 236.74 million, a decrease of 9.47% compared to CNY 261.51 million in the same period last year[56] - The net profit for the third quarter was CNY 204.27 million, down from CNY 227.80 million, reflecting a decline of 10.34% year-over-year[56] - The total comprehensive income for the quarter was CNY 141.39 million, significantly lower than CNY 274.87 million in the previous year, indicating a decrease of 48.66%[56] - The third quarter report was not audited, which may affect the reliability of the financial data presented[63]