富春环保(002479) - 2017 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥769,407,165.48, representing a year-on-year increase of 38.63%[9] - Net profit attributable to shareholders was ¥49,837,467.57, a decrease of 13.99% compared to the same period last year[9] - Basic earnings per share were ¥0.0626, down 14.01% year-on-year[9] - The company reported a net profit attributable to shareholders after deducting non-recurring gains and losses of ¥49,449,251.31, a decrease of 5.90%[9] - The company expects a net profit attributable to shareholders for 2017 to increase by 30.00% to 60.00%, estimated between 318.41 million and 391.88 million[22] Cash Flow - The net cash flow from operating activities was ¥334,998,279.51, showing a significant increase of 60.09%[9] - The net cash flow from operating activities decreased by 8.72% year-on-year, amounting to approximately 490.82 million, primarily due to increased cash payments for raw materials[17] - The net cash flow from investment activities increased by 207.14% year-on-year, reaching approximately -771.41 million, mainly due to the acquisition of Chang'an Energy and minority stakes in Xin Qian Thermal Power[17] Assets and Liabilities - Total assets at the end of the reporting period reached ¥5,161,512,668.40, an increase of 0.22% compared to the previous year[9] - The company’s short-term borrowings increased by 61.70% compared to the beginning of the period, totaling approximately 1.31 billion[17] - The company’s prepayments increased by 198.71% compared to the beginning of the period, amounting to approximately 140.96 million, mainly due to increases in prepayments by subsidiaries[17] - The company’s accounts payable increased by 140.65% compared to the beginning of the period, totaling approximately 149.94 million, primarily due to an increase in accounts payable by the parent company[17] Shareholder Information - The total number of shareholders at the end of the reporting period was 40,482[13] - The largest shareholder, Zhejiang Fuchunjiang Communication Group Co., Ltd., held 38.00% of the shares[13] - The company did not engage in any repurchase transactions during the reporting period[14] Operational Insights - Operating costs rose by 36.86% year-on-year, totaling approximately 1.99 billion, mainly due to rising raw material prices[17] - The company implemented a new coal-heat price linkage mechanism, which has been fully implemented at the Fuyang base, leading to an increase in supply heat prices[22]