巴安水务(300262) - 2017 Q3 - 季度财报

Financial Performance - Operating revenue decreased by 41.45% to CNY 225,425,797.22 for the reporting period, but increased by 11.33% to CNY 1,022,978,947.63 year-to-date[8] - Net profit attributable to shareholders increased by 3.93% to CNY 84,948,718.75 for the reporting period, and by 25.24% to CNY 204,814,371.58 year-to-date[8] - Basic earnings per share decreased by 13.16% to CNY 0.1267 for the reporting period, and by 16.75% to CNY 0.3047 year-to-date[8] - The weighted average return on equity decreased by 34.00% to 3.94% for the reporting period, and by 18.58% to 9.73% year-to-date[8] - Total operating revenue for the third quarter was CNY 225,425,797.22, a decrease from CNY 384,992,261.36 in the previous period[49] - Total operating costs amounted to CNY 119,475,176.99, down from CNY 291,360,117.05 year-on-year[49] - Net profit for the quarter was CNY 81,570,091.86, slightly up from CNY 81,201,711.51 in the same period last year[50] - The net profit attributable to shareholders of the parent company was CNY 84,948,718.75, compared to CNY 81,733,816.57 previously[50] - The total profit for the period was CNY 258,350,597.14, an increase of 33.5% compared to CNY 193,626,190.08 in the same period last year[58] Assets and Liabilities - Total assets increased by 28.51% to CNY 4,580,132,819.09 compared to the end of the previous year[8] - Current assets rose significantly from CNY 1,976,496,215.42 to CNY 3,031,774,501.74, marking an increase of about 53.4%[41] - Total liabilities increased from CNY 1,545,788,336.41 to CNY 2,373,258,451.68, indicating a rise of approximately 53.5%[43] - The company's cash and cash equivalents decreased from CNY 466,077,680.02 to CNY 330,788,860.71, a decline of approximately 29%[41] - Total assets reached CNY 3,872,855,608.79, an increase from CNY 3,586,304,005.11 year-on-year[50] - Total liabilities were CNY 1,852,206,409.97, compared to CNY 1,605,084,427.43 in the previous period[50] Shareholder Information - The total number of shareholders at the end of the reporting period was 29,073[12] - The largest shareholder, Zhang Chunlin, holds 41.67% of the shares, amounting to 279,401,094 shares[12] - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[14] Cash Flow - Cash flow from investment activities increased by 81.58% to ¥55,359,617.42 mainly due to the recovery of financial products[23] - Cash flow from financing activities decreased by 96.11% to ¥58,327,823.16 due to the absence of last year's private placement fundraising[23] - The cash flow from operating activities showed a net outflow of CNY 290,189,490.40, compared to a net outflow of CNY 268,447,546.51 in the same period last year[65] - The company reported a significant increase in cash received from operating activities, totaling CNY 824,006,338.25, compared to CNY 268,206,379.72 in the previous year[65] - The ending balance of cash and cash equivalents was CNY 107,733,659.73, down from CNY 938,586,545.10 at the end of the previous period[68] Investments and Acquisitions - Long-term equity investments reached CNY 59,864,277.57, a 100% increase, due to investments in Swiss water services[20] - The company acquired 100% equity of Doosan Hydro Technology LLC for $7,362,691.15, completing the transaction on July 7, 2017[26] - The company is participating in the establishment of an environmental industry fund with a target size of ¥1.501 billion, contributing ¥50 million as a limited partner[31] Expenses - Management expenses increased by 77.79% to ¥104,197,976.74 primarily due to the acquisition of two overseas companies[21] - The company's financial expenses decreased to CNY 15,549,831.10 from CNY 22,220,040.61 in the previous year, reflecting a reduction of 30.1%[61] - The company's management expenses increased to CNY 47,359,088.87 from CNY 34,876,978.95, representing a rise of 35.6%[61] Taxation - The company reported a 49.91% increase in taxes payable, rising from CNY 78,238,941.61 to CNY 117,286,620.11, due to increased profits[20] - Operating tax and additional fees decreased by 43.51% to ¥3,011,716.69 due to the transition from business tax to value-added tax[21] Other Financial Metrics - The company received government subsidies amounting to CNY 651,633.36, with a net impact of CNY 488,725.02 after tax[9] - The company reported a comprehensive income total of CNY 86,187,357.07 for the quarter, compared to CNY 81,201,711.51 last year[51] - The company distributed cash dividends of ¥4,469,575.33 based on a distribution of ¥0.1 per share for the 2016 fiscal year[35]