ELHT(SH:600133)2020-10-30 16:00Financial Performance - Net profit attributable to shareholders was CNY 302,175,991.17, an increase of 82.84% year-on-year [20]. - Operating revenue for the first nine months reached CNY 7,220,621,253.69, up 8.36% from the same period last year [18]. - Basic earnings per share increased by 87.07% to CNY 0.3820 [20]. - The company confirmed the transfer of equity investment income from its wholly-owned subsidiary, contributing to the profit increase [20]. - The company predicts a significant increase in cumulative net profit compared to the same period last year, mainly due to growth in the engineering construction sector [40]. - Total operating revenue for Q3 2020 reached ¥2,362,616,357.31, an increase of 5.9% compared to ¥2,230,227,335.09 in Q3 2019 [59]. - Net profit for Q3 2020 was ¥130,342,589.91, compared to ¥68,316,068.71 in Q3 2019, representing an increase of 90.9% [70]. - The company reported a net profit attributable to the parent company of ¥107,929,692.98 for Q3 2020, up from ¥58,881,513.65 in Q3 2019 [70]. Cash Flow - The net cash flow from operating activities for the first nine months was CNY 1,163,993,554.45, compared to a negative cash flow of CNY -779,386,536.71 in the previous year [18]. - Cash inflow from operating activities for the first three quarters of 2020 was CNY 8,511,664,461.1, an increase of 30.4% compared to CNY 6,526,749,593 in the same period of 2019 [97]. - Cash received from sales of goods and services was CNY 8,075,896,157.1, up from CNY 6,130,760,013 in the previous year [97]. - Cash paid for purchasing goods and services was CNY 6,331,040,459.6, compared to CNY 5,878,394,897.50 in the previous year [97]. - Cash inflow from financing activities totaled CNY 4,959,032,682.71, compared to CNY 6,208,620,000 in the previous year, leading to a net cash flow from financing activities of CNY -1,003,848,659.08 [100]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 25,500,553,527.80, a decrease of 4.29% compared to the end of the previous year [18]. - Total current assets decreased from CNY 18.04 billion to CNY 17.27 billion, a decline of approximately 4.27% [44]. - Total liabilities decreased from CNY 20.70 billion to CNY 19.10 billion, a reduction of about 7.73% [50]. - Current liabilities decreased from CNY 12.71 billion to CNY 9.80 billion, a reduction of approximately 22.73% [48]. - The total liabilities as of the reporting date amounted to ¥4,856,035,062.07, compared to ¥4,650,441,797.40 from the previous period [55]. - The company’s total liabilities and equity matched the total assets, confirming the balance sheet integrity at RMB 7,962,493,281.06 [124]. Shareholder Information - The total number of shareholders at the end of the reporting period was 68,751 [23]. - The largest shareholder, Hubei United Development Investment Group, held 21.20% of the shares [23]. - Shareholders' equity increased from CNY 5.94 billion to CNY 6.40 billion, an increase of approximately 7.67% [50]. Research and Development - Research and development expenses decreased by 67.62% from CNY 20.18 million to CNY 6.53 million due to reduced spending in subsidiaries [36]. - The company reported a significant increase in research and development expenses, although specific figures were not disclosed [85]. Future Plans - The company initiated a convertible bond issuance plan to raise up to CNY 1.9 billion for project development and debt repayment [39]. - The company plans to expand its market presence and invest in new product development to drive future growth [55]. - The company plans to focus on market expansion and new product development in the upcoming quarters, although specific strategies were not detailed in the report [85].