ELHT(SH:600133)2019-10-30 16:00Financial Performance - Operating revenue for the first nine months was ¥6,663,733,461.20, reflecting an increase of 11.81% year-on-year[11]. - Net profit attributable to shareholders was ¥165,264,826.45, a decrease of 11.57% compared to the same period last year[11]. - Basic earnings per share decreased by 15.30% to ¥0.2042 compared to the same period last year[13]. - The company reported a significant increase in tax expenses due to its wholly-owned subsidiary, impacting net profit[13]. - Total revenue for Q3 2019 reached ¥2,230,227,335.09, a slight increase from ¥2,218,738,436.47 in Q3 2018, representing a year-over-year growth of approximately 0.04%[54]. - Net profit for Q3 2019 was ¥68,316,068.71, a decrease from ¥72,629,833.95 in Q3 2018, reflecting a decline of approximately 4.5%[58]. - The company reported a total profit of ¥88,080,778.11 for Q3 2019, down from ¥124,747,865.23 in Q3 2018, reflecting a decrease of approximately 29.3%[58]. - Net profit attributable to shareholders of the parent company for the current period is CNY 58,881,513.65, compared to CNY 49,626,180.94 in the same period last year, representing an increase of approximately 18.5%[63]. - Total comprehensive income attributable to shareholders of the parent company is CNY 58,881,513.65 for the current period, up from CNY 49,626,180.94 year-over-year, indicating a growth of about 18.5%[63]. Cash Flow - The net cash flow from operating activities for the first nine months was -¥779,386,536.71, indicating a worsening cash flow situation[11]. - Cash inflow from operating activities totaled ¥6,526,749,593.21, an increase from ¥6,412,370,150.97 in the previous period[73]. - Cash outflow from operating activities amounted to ¥7,306,136,129.92, compared to ¥6,994,435,343.95 previously, resulting in a net cash flow from operating activities of -¥779,386,536.71, worsening from -¥582,065,192.98[73]. - The net cash flow from financing activities was 2,190.10 million RMB, up 103.70% from 1,075.15 million RMB, indicating strong financing performance[24]. - Cash inflow from financing activities reached ¥6,208,620,000.00, significantly higher than ¥4,677,615,206.94 in the previous period, with a net cash flow from financing activities of ¥2,190,100,312.65, up from ¥1,075,151,879.26[75]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥27,000,203,794.57, an increase of 14.19% compared to the end of the previous year[11]. - Total liabilities reached ¥21,361,130,408.19, up from ¥18,542,408,690.54, marking an increase of around 9.8%[43]. - Current liabilities amounted to ¥12,536,563,605.12, a slight decrease from ¥12,934,222,187.80, showing a decline of about 3.1%[43]. - Long-term borrowings increased to ¥6,296,984,558.41 from ¥5,346,754,924.31, representing a growth of approximately 17.7%[43]. - The company's equity attributable to shareholders reached ¥4,544,595,995.87, up from ¥4,124,244,823.11, representing an increase of about 10.2%[43]. - Total current assets increased to ¥2,481,961,241.14 from ¥2,000,209,617.85, indicating a growth of approximately 24.0%[48]. - Total non-current assets totaled ¥8,316,186,644.02, compared to ¥7,209,918,893.54, reflecting an increase of about 15.4%[43]. Investments and Acquisitions - The company completed the acquisition of 70% equity in Tai Xin Environment, resulting in goodwill of 38,492.55 million RMB, an increase of 546.29%[32]. - The company reported a significant increase in trading financial assets, with a year-end balance of 60.66 million RMB, up from 0, marking a 100% increase due to the acquisition of 70% equity in Taixin Environment[23]. - The company reported a significant increase in goodwill, rising to ¥384,925,450.74 from ¥59,559,148.75, indicating a growth of approximately 545.5%[42]. Research and Development - Research and development expenses surged to 201.76 million RMB, a staggering increase of 1,189.43% from 15.65 million RMB[24]. - The company’s R&D expenses for the reporting period were 20,175.85 million RMB, an increase of 1,189.43% year-on-year, attributed to separate accounting for R&D expenses[32]. - Research and development expenses surged to ¥82,393,909.92 in Q3 2019, compared to ¥6,203,062.04 in Q3 2018, marking a significant increase of over 1230%[54]. Shareholder Information - The total number of shareholders at the end of the reporting period was 77,611, with the largest shareholder holding 22.37% of the shares[16]. - The company reported a decrease in undistributed profits by approximately ¥22.25 million compared to the previous period[87]. Financial Standards and Adjustments - The company has implemented new financial instrument standards effective January 1, 2019, impacting the classification and measurement of financial instruments[87]. - The company adjusted its holdings in Hankou Bank from "available-for-sale financial assets" to "financial assets measured at fair value with changes recognized in profit or loss" under the new standards[97].