JHEC(SH:600273)2020-10-27 16:00Financial Performance - Operating income for the first nine months was ¥3,918,334,296.51, a decrease of 3.56% compared to the same period last year[18]. - Net profit attributable to shareholders of the listed company was ¥851,140,017.13, down 9.67% year-on-year[18]. - Basic earnings per share decreased by 8.81% to ¥0.6115 compared to ¥0.6706 in the same period last year[18]. - The weighted average return on equity decreased by 2.5 percentage points to 11.63%[18]. - Total revenue for Q3 2020 reached ¥1,405,882,030.84, an increase of 6.5% compared to ¥1,319,974,282.41 in Q3 2019[50]. - The net profit for Q3 2020 was approximately ¥221.84 million, down 17.43% from ¥268.77 million in Q3 2019[61]. - The total profit for Q3 2020 was approximately ¥261.20 million, a decrease of 17.29% from ¥315.80 million in Q3 2019[61]. - Total comprehensive income for the first three quarters of 2020 was CNY 919,928,967.45, compared to CNY 722,439,693.40 in the same period of 2019, representing a year-over-year increase of approximately 27.3%[63]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥9,150,331,520.88, an increase of 2.92% compared to the end of the previous year[18]. - Total liabilities decreased to ¥1,542,278,944.71 from ¥1,906,002,387.64, a decline of about 19.09%[44]. - Current assets totaled ¥2,365,919,871.12, down from ¥2,717,618,967.87, indicating a decrease of about 12.92%[39]. - Non-current assets totaled ¥6,111,895,174.95, an increase of 9.0% from ¥5,602,955,891.01 year-over-year[50]. - The company’s total liabilities amounted to approximately $1.58 billion, with non-current liabilities at about $25.47 million[81]. Cash Flow - Net cash flow from operating activities for the first nine months was ¥1,061,785,650.98, down 8.78% year-on-year[18]. - Cash inflow from operating activities for the first three quarters of 2020 was CNY 3,003,727,776.99, down from CNY 3,414,764,625.08 in 2019, indicating a decrease of about 12.0%[66]. - Cash inflow from sales of goods and services for the first three quarters of 2020 was CNY 2,913,972,903.77, down from CNY 3,357,647,709.24 in 2019, representing a decrease of approximately 13.2%[66]. - Net cash flow from financing activities for Q3 2020 was -CNY 446,689,311.18, an improvement from -CNY 770,749,581.42 in Q3 2019, indicating a reduction in cash outflow by about 42.0%[68]. Shareholder Information - Net assets attributable to shareholders of the listed company amounted to ¥7,586,677,379.30, reflecting an increase of 8.93% year-on-year[18]. - The total number of shareholders at the end of the reporting period was 30,789, with the largest shareholder holding 31.23% of the shares[22]. - The company’s equity attributable to shareholders reached 6,964,744,453.61 RMB, with total equity at 6,984,592,686.00 RMB[76]. Investments and Projects - The company plans to issue convertible bonds to raise up to RMB 180,000,000.00 to enhance sustainable development capabilities[33]. - The company is investing up to RMB 80,000,000.00 in a new desalination project with a capacity of 1000t/h, expected to be completed by the end of 2021[33]. - The company has completed the permanent replenishment of working capital with RMB 5,267.40 million from surplus funds raised in previous projects[35]. Accounting and Standards - The company reported a 100% reclassification of advance receipts to contract liabilities due to the implementation of new revenue standards[29]. - The company is adapting to new accounting standards, which may impact future financial reporting and performance metrics[85].