绿能慧充(600212) - 2020 Q3 - 季度财报

Important Notice Report Authenticity and Audit Status The company's management guarantees the truthfulness, accuracy, and completeness of this quarterly report, free from false information, and assumes corresponding legal liabilities; the report has been reviewed and approved by all directors but remains unaudited - The company's board of directors, supervisory board, and all senior executives guarantee the truthfulness, accuracy, and completeness of the report content[4] - This company's Q3 2020 report is unaudited[4] Company Overview Key Financial Data As of Q3 2020, total assets increased by 8.83% year-over-year, with year-to-date operating revenue growing by 12.24%, achieving a turnaround to a net profit attributable to parent company shareholders of 7.70 million CNY, primarily due to growth in railway and thermal power businesses and the elimination of significant losses from an associate in the prior year Key Financial Indicators | Indicator | End of Current Period / Year-to-Date | End of Prior Year / Prior Year Same Period | Change (%) | | :--- | :--- | :--- | :--- | | Total Assets (CNY) | 293,708,393.63 | 269,878,547.40 | 8.83 | | Net Assets Attributable to Shareholders of Listed Company (CNY) | 240,410,191.20 | 232,360,667.10 | 3.46 | | Operating Revenue (CNY) | 211,732,477.85 | 188,644,669.75 | 12.24 | | Net Profit Attributable to Shareholders of Listed Company (CNY) | 7,701,559.08 | -228,786,825.56 | Not Applicable | | Net Cash Flow from Operating Activities (CNY) | -4,320,984.88 | -10,524,290.24 | Not Applicable | - The company's net profit turnaround is primarily due to increased revenue and profit in both railway and thermal power business segments during the reporting period, and the elimination of significant investment losses from an associate's production halt in the prior year, which was fully impaired last year[6] - From year-beginning to the end of the reporting period (Jan-Sep), total non-recurring gains and losses amounted to 0.52 million CNY, primarily from other non-operating income/expenses and government subsidies[8][10] Shareholder Ownership As of the reporting period end, the company had 26,106 shareholders, with Shenzhen Jinghong Yicheng Industrial Development Co., Ltd. as the largest shareholder holding 13.44%, having no affiliation or concerted action with other top ten shareholders - As of the reporting period end, the company had a total of 26,106 shareholders[12] Top Ten Shareholders | Shareholder Name | Number of Shares Held | Shareholding (%) | | :--- | :--- | :--- | | Shenzhen Jinghong Yicheng Industrial Development Co., Ltd. | 68,780,524 | 13.44 | | Zhu Yuwen | 8,886,500 | 1.74 | | Dazi County Xinxin Investment Co., Ltd. | 7,530,000 | 1.47 | - The company states that the largest shareholder, Shenzhen Jinghong Yicheng Industrial Development Co., Ltd., has no affiliated or concerted action relationship with other shareholders[13] Preferred Shareholder Information At the end of the reporting period, the company had no preferred shareholders - The company has no preferred share-related information[13] Significant Events Analysis of Significant Changes in Key Financial Statements and Indicators During the reporting period, several financial statement items showed significant changes, with accounts receivable, prepayments, and construction in progress substantially increasing on the asset side due to business expansion and environmental project investments; investment income turned from a significant loss to profit due to the elimination of prior period associate losses; and non-operating income surged primarily from government-exempted social security fees Balance Sheet Item Changes | Balance Sheet Item | Change (%) | Primary Reason | | :--- | :--- | :--- | | Accounts Receivable | 715.32 | Increase in receivables from electricity sales and transportation | | Prepayments | 110.44 | Increase in prepaid national railway freight | | Construction in Progress | 51.38 | Increased investment in railway freight yard dust suppression environmental projects | | Intangible Assets | -42.25 | Transfer of land use rights | Income and Cash Flow Statement Item Changes | Income and Cash Flow Statement Item | Change (%) | Primary Reason | | :--- | :--- | :--- | | Investment Income | Not Applicable | Significant loss from associate in prior period, no such impact this period | | Asset Impairment Losses | -100.00 | Impairment provision for long-term investment in associate in prior period | | Non-Operating Income | 377.68 | Increased government-exempted social security fees this period | Progress of Significant Matters The company's largest shareholder, Jinghong Yicheng, and its concerted parties have continuously increased their shareholding since July 7, 2020, planning further increases within the next 12 months, having cumulatively increased by 0.97% of total share capital as of the reporting date - Jinghong Yicheng and its concerted parties plan to increase their shareholding by no less than 10 million shares within 12 months[17] - As of the reporting date, Jinghong Yicheng and its concerted parties have cumulatively increased their shareholding by 4.95 million shares through centralized bidding transactions, representing 0.97% of the total share capital[17] Overdue Unfulfilled Commitments During the reporting period, the company had no overdue unfulfilled commitments - The company has no overdue unfulfilled commitments[19] Performance Forecast Warning The company has not issued any forecast or warning regarding cumulative net profit from year-beginning to the end of the next reporting period - The company has not issued any relevant performance forecasts or significant change warnings[20] Appendix Financial Statements This section includes the company's consolidated and parent company balance sheets, income statements, and cash flow statements as of September 30, 2020; all statements are unaudited Consolidated Balance Sheet As of September 30, 2020, the company's total assets were 294 million CNY, an 8.83% increase from year-beginning; total liabilities were 53.3 million CNY, up 42.06%; and total equity attributable to the parent company was 240 million CNY, a 3.46% increase | Item | September 30, 2020 (CNY) | December 31, 2019 (CNY) | | :--- | :--- | :--- | | Total Assets | 293,708,393.63 | 269,878,547.40 | | Total Liabilities | 53,298,202.43 | 37,517,880.30 | | Total Equity Attributable to Parent Company Owners | 240,410,191.20 | 232,360,667.10 | Parent Company Balance Sheet As of September 30, 2020, the parent company's total assets increased to 355 million CNY from 325 million CNY at year-beginning; total liabilities were 88.36 million CNY, and total owner's equity was 267 million CNY | Item | September 30, 2020 (CNY) | December 31, 2019 (CNY) | | :--- | :--- | :--- | | Total Assets | 355,464,062.37 | 324,761,123.04 | | Total Liabilities | 88,359,845.95 | 66,268,900.37 | | Total Owner's Equity | 267,104,216.42 | 258,492,222.67 | Consolidated Income Statement In the first three quarters of 2020, the company achieved total operating revenue of 212 million CNY, a 12.24% year-over-year increase, and successfully turned around to a net profit attributable to parent company shareholders of 7.70 million CNY, compared to -229 million CNY in the prior year, with basic earnings per share of 0.0151 CNY | Item | First Three Quarters of 2020 (CNY) | First Three Quarters of 2019 (CNY) | | :--- | :--- | :--- | | Total Operating Revenue | 211,732,477.85 | 188,644,669.75 | | Operating Profit | 7,194,647.66 | -228,836,793.96 | | Net Profit Attributable to Parent Company Shareholders | 7,701,559.08 | -228,786,825.56 | | Basic Earnings Per Share (CNY/Share) | 0.0151 | -0.4471 | Parent Company Income Statement In the first three quarters of 2020, the parent company achieved operating revenue of 211 million CNY and a net profit of 8.26 million CNY, a significant improvement compared to -227 million CNY in the prior year | Item | First Three Quarters of 2020 (CNY) | First Three Quarters of 2019 (CNY) | | :--- | :--- | :--- | | Operating Revenue | 211,298,817.62 | 188,177,966.16 | | Net Profit | 8,264,028.73 | -226,606,026.45 | Consolidated Cash Flow Statement In the first three quarters of 2020, the company's net cash flow from operating activities was -4.32 million CNY, and from investing activities was -8.94 million CNY; cash and cash equivalents at period-end totaled 43.80 million CNY, a 13.26 million CNY decrease from the beginning of the period | Item | First Three Quarters of 2020 (CNY) | First Three Quarters of 2019 (CNY) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -4,320,984.88 | -10,524,290.24 | | Net Cash Flow from Investing Activities | -8,941,322.77 | -15,265,716.15 | | Net Cash Flow from Financing Activities | 0.00 | 0.00 | | Net Increase in Cash and Cash Equivalents | -13,262,307.65 | -25,790,006.39 | Parent Company Cash Flow Statement In the first three quarters of 2020, the parent company's net cash flow from operating activities was -5.18 million CNY, from investing activities was -5.12 million CNY, and from financing activities was 6.40 million CNY; cash balance at period-end was 24.37 million CNY | Item | First Three Quarters of 2020 (CNY) | | :--- | :--- | | Net Cash Flow from Operating Activities | -5,179,526.71 | | Net Cash Flow from Investing Activities | -5,121,608.82 | | Net Cash Flow from Financing Activities | 6,400,000.00 | | Net Increase in Cash and Cash Equivalents | -3,901,135.53 | Explanation of New Accounting Standards Adjustments The company did not adjust its financial statements for the first-time adoption of new revenue and lease standards effective from 2020 - The company did not adjust current period opening financial statements or retrospectively adjust prior period comparative data due to the adoption of new revenue or lease standards[42][45] Audit Report This quarterly report is unaudited - This quarterly financial report is unaudited[45]