节能环境(300140) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue decreased by 38.95% to CNY 249,195,308.18 year-on-year, and by 22.92% to CNY 829,981,568.47 for the year-to-date[7] - Net profit attributable to shareholders decreased by 79.36% to CNY 1,405,287.67 for the quarter, and showed a loss of CNY 26,153,092.30 for the year-to-date, a decline of 194.17%[7] - Basic earnings per share fell by 79.19% to CNY 0.0041, with diluted earnings per share reflecting the same figure[7] - The company reported a net profit attributable to shareholders of CNY -26,153,092.30, a decline of 194.17% compared to the previous year[19] - The company’s investment income decreased by 179.36% to CNY -3,514,974.50 due to increased losses from associated companies[19] - The net profit for the year-to-date period was CNY -22,827,573.86, compared to a profit of CNY 25,370,408.48 in the same period last year, indicating a significant decline[50] - The company reported a total comprehensive income of CNY -22,827,573.86 for the year-to-date period, down from CNY 25,370,408.48 in the previous year[51] - The net profit for the third quarter was -50,085,762.43 CNY, compared to -14,561,659.96 CNY in the same period last year, indicating a significant increase in losses[54] - Basic and diluted earnings per share were both -0.1451 CNY, compared to -0.0422 CNY in the previous year[55] Assets and Liabilities - Total assets increased by 14.21% to CNY 4,167,159,910.09 compared to the end of the previous year[7] - Current assets totaled CNY 3,274,859,554.38, up from CNY 2,820,573,593.81, indicating an increase of about 16.1%[32] - Total liabilities reached CNY 2,704,335,050.71, compared to CNY 2,143,436,508.80 at the beginning of the period, marking an increase of around 26.1%[34] - The company's total liabilities increased significantly, with long-term borrowings rising by 93.96% to CNY 58,188,000.00[18] - Short-term borrowings increased significantly to CNY 700,905,837.14 from CNY 520,000,000.00, an increase of approximately 34.7%[34] Cash Flow - The company reported a net cash flow from operating activities of CNY -164,074,034.49, a decrease of 40.75% year-on-year[7] - The net cash flow from operating activities improved by 40.75%, reaching CNY -164,074,034.49 compared to CNY -276,908,598.28 in the previous year[20] - Total cash inflow from operating activities was 1,281,359,201.50 CNY, while cash outflow was 1,445,433,235.99 CNY, resulting in a net cash flow from operating activities of -164,074,034.49 CNY[58] - The company’s cash flow from investment activities was -106,728,025.28 CNY, worsening from -90,570,332.91 CNY year-over-year[58] - The net cash flow from investment activities was -61,352,901.00, compared to -145,292,681.66 in the previous period, indicating an improvement[62] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 26,184[11] - The largest shareholder, China Energy Conservation and Environmental Protection Group, holds 17.50% of shares, totaling 60,397,858 shares[11] - There were no significant changes in the number of restricted shares during the reporting period[14] Research and Development - R&D expenses increased by 62.46% to CNY 40,304,304.15, reflecting heightened investment in new product development[19] - Research and development expenses for the year-to-date period were CNY 40,304,304.15, an increase from CNY 24,808,285.40 in the previous year, indicating a focus on innovation despite financial losses[49] - Research and development expenses for Q3 2018 were ¥14,145,035.74, which is a 81% increase from ¥7,795,290.93 in the previous year[41] Government Support - The company received government subsidies amounting to CNY 6,500,850.80 during the reporting period[8] - Deferred income increased by 43.61% to CNY 21,522,333.07, attributed to rewards from local government and increased leasing activities[18] Operational Performance - Total operating revenue for Q3 2018 was ¥249,195,308.18, a decrease of 39% compared to ¥408,170,914.14 in the same period last year[40] - Total operating costs for Q3 2018 were ¥238,811,411.07, down from ¥408,098,943.17, indicating a significant reduction in costs[40] - The total operating costs for the year-to-date period were CNY 849,653,611.30, leading to a year-to-date operating loss of CNY -16,735,301.39, contrasting with a profit of CNY 29,723,241.91 in the previous year[49] Audit and Compliance - The company did not undergo an audit for the third quarter report[63]