天壕能源(300332) - 2018 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was -¥6,638,771.07, representing a decline of 123.16% year-on-year[8] - Operating revenue for the reporting period was ¥421,694,754.35, down 8.61% compared to the same period last year[8] - Basic earnings per share were -¥0.0075, a decrease of 123.29% year-on-year[8] - The weighted average return on net assets was -0.19%, down 122.41% compared to the previous year[8] - The net profit attributable to shareholders decreased by 31.20% to ¥31,078,730.32 compared to the same period last year[22] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 161.71% to -¥21,362,272.54 compared to the same period last year[22] - Basic and diluted earnings per share both decreased by 30.91% to ¥0.0351 compared to the same period last year[22] - Operating profit for the current period was -$13.24 million, compared to a profit of $7.54 million in the previous period, indicating a significant decline[50] - Net profit for the current period was -$13.63 million, down from a profit of $5.35 million in the previous period, reflecting a negative shift in profitability[50] - The total revenue from sales of goods and services was approximately ¥988.49 million, a decrease from ¥1,102.52 million in the previous period, representing a decline of about 10.3%[59] - The net profit for the period was approximately ¥20.19 million, compared to ¥30.61 million in the same period last year, indicating a decrease of about 34%[58] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥160,684,626.32, an increase of 91.63%[8] - Operating cash flow net increased by 91.63% to CNY 160,684,626.32, driven by the recovery of operating funds[21] - The net cash flow from investment activities was negative at approximately -¥202.08 million, an improvement from -¥795.64 million in the previous period[61] - The net cash flow from financing activities was negative at approximately -¥170.61 million, compared to a positive cash flow of ¥395.15 million in the same period last year[61] - The cash and cash equivalents at the end of the period were approximately ¥166.87 million, down from ¥348.05 million in the previous year, a decrease of about 52%[62] - The company paid approximately ¥1,044.73 million in debt repayment, significantly higher than ¥515.01 million in the previous period, indicating an increase of about 103%[61] - The company's cash and cash equivalents decreased from 550.71 million yuan at the beginning of the period to 243.19 million yuan at the end of the period[37] - The company's cash and cash equivalents at the end of the period stood at ¥30.73 million, a decrease from ¥106.43 million year-over-year[65] - The net increase in cash and cash equivalents was negative at ¥64.21 million, compared to a decrease of ¥450.73 million in the same quarter last year[65] Shareholder Information - The company had a total of 31,569 common shareholders at the end of the reporting period[12] - The largest shareholder, Tianhao Investment Group Co., Ltd., held 19.44% of the shares, with 171,126,166 shares[12] - The company did not conduct any repurchase transactions among the top 10 shareholders during the reporting period[13] - The company has no violations regarding external guarantees during the reporting period[31] - There were no overdue commitments from major shareholders or related parties during the reporting period[30] Assets and Liabilities - Total assets at the end of the reporting period were ¥7,864,068,687.39, a decrease of 5.82% compared to the end of the previous year[8] - Cash and cash equivalents decreased by 55.84% from the beginning of the year to CNY 243,193,907.20, primarily due to debt repayment[18] - Long-term equity investments increased by 43.01% to CNY 77,288,529.64, attributed to a capital increase in a subsidiary[18] - Short-term borrowings rose by 61.46% to CNY 918,296,479.00, reflecting increased financing needs[18] - Prepayments increased by 107.08% to CNY 224,349,259.98, mainly due to advance payments for projects[18] - The total assets of the company decreased from 8.35 billion yuan to 7.86 billion yuan[38] - The total liabilities decreased from 4.68 billion yuan to 4.29 billion yuan, reflecting a reduction in financial obligations[39] - The company's equity attributable to shareholders decreased from 3.49 billion yuan to 3.44 billion yuan[39] - Current liabilities increased to CNY 1,083,417,271.21, up from CNY 808,404,051.59 at the beginning of the period[42] - The total equity of the company decreased to CNY 3,210,723,012.88 from CNY 3,267,993,795.10 at the beginning of the period[43] Expenses - Management expenses increased by 31.42% to CNY 127,543,269.32, mainly due to higher employee compensation and depreciation[19] - Financial expenses rose by 52.10% to CNY 123,635,972.84, attributed to expanded financing scale[19] - Research and development expenses rose to CNY 10,055,191.36, an increase of 44.5% compared to CNY 6,944,618.22 in the previous period[44] - The company experienced an increase in management expenses to $11.51 million from $9.09 million in the previous period, indicating rising operational costs[49] Investments and Projects - The company signed a cooperation framework agreement with CNOOC to establish a joint venture for the Shenmu-Anping coalbed methane pipeline project, with a total investment of approximately ¥4.6 billion[24] - The Shenmu-Anping pipeline project aims to connect coalbed methane resources with the Beijing-Tianjin-Hebei market, enhancing the company's market position[24] - The company signed a cooperation contract for the East Mountain Economic and Technological Development Zone Marine Biotechnology Park Smart Energy Project, with a total planned investment of ¥2 billion[25] - The project is expected to enhance the company's experience in investment, construction, and operation of distributed energy supply projects[25] - The company reported a total of 2 new EPC orders with a total value of 79.13 million yuan during the reporting period[29] - The company confirmed revenue from 3 orders amounting to 94.42 million yuan, with a total of 22 orders on hand valued at 308.25 million yuan[29] - The company has signed a cooperation framework agreement with Zhonglian Coalbed Methane Co., Ltd. to expand its business operations[29] Other Financial Metrics - Non-recurring gains and losses totaled ¥52,441,002.86, with significant contributions from government subsidies and other income[9] - Non-operating income surged by 449.42% to CNY 57,909,922.78, due to performance compensation income recognition[19] - Total operating costs increased to CNY 449,117,479.17, up 3.5% from CNY 435,080,889.81 in the previous period[44] - Total comprehensive income for the current period was -$14.10 million, compared to $616.90 thousand in the previous period, indicating a substantial decline in overall financial health[51] - The company reported a basic and diluted earnings per share of 0.0351, down from 0.0508 in the previous period, reflecting reduced profitability[55] - Other income decreased to $9.04 million from $9.30 million in the previous period, indicating a slight decline in additional revenue sources[50] - Investment losses amounted to -$405.74 thousand, compared to a gain of $167.86 thousand in the previous period, highlighting challenges in investment performance[50]