QJSL(SH:600283)2020-10-29 16:00Financial Performance - Operating revenue for the first nine months reached CNY 918,812,546.86, a 7.24% increase year-on-year[7] - Net profit attributable to shareholders surged by 388.29% to CNY 89,925,201.27 compared to the same period last year[7] - Basic and diluted earnings per share increased by 400.00% to CNY 0.25[8] - Total operating revenue for Q3 2020 reached ¥336,890,350.86, an increase of 9.4% compared to ¥307,545,433.26 in Q3 2019[24] - Net profit attributable to shareholders for the first three quarters of 2020 was ¥358,760,003.21, compared to ¥268,834,801.94 in the same period of 2019, marking a significant increase[20] - Net profit for Q3 2020 reached CNY 64,354,430.20, a significant increase from CNY 44,044,353.79 in Q3 2019, representing a growth of 46%[26] - Total profit for Q3 2020 was ¥8,508,835.23, compared to ¥3,045,220.37 in Q3 2019, marking an increase of approximately 179.5%[30] Assets and Liabilities - Total assets increased by 10.54% to CNY 5,716,467,154.85 compared to the end of the previous year[7] - Total liabilities as of September 30, 2020, amounted to ¥3,217,220,551.93, an increase from ¥2,819,202,699.51 at the end of 2019[22] - Non-current liabilities totaled ¥1,499,896,209.74 as of September 30, 2020, compared to ¥1,280,380,756.74 at the end of 2019, indicating a rise of 17.2%[22] - The company's total equity increased to ¥2,499,246,602.92 as of September 30, 2020, compared to ¥2,352,199,642.20 at the end of 2019, showing a growth of 6.3%[20] - Total liabilities amounted to CNY 2,819,202,699.51, an increase from CNY 2,778,551,717.41, indicating a change of CNY 40,650,982.10[39] Cash Flow - Cash flow from operating activities decreased by 11.61% to CNY 246,071,473.85 compared to the same period last year[7] - Net cash flow from financing activities increased by 243.97% to ¥261,972,371.94, mainly due to higher cash received from loans compared to the previous year[14] - The cash flow from operating activities for the first three quarters of 2020 was ¥246,071,473.85, slightly down from ¥278,403,727.25 in the first three quarters of 2019[32] - The company experienced a cash outflow of 519,079,829.95 RMB related to operating activities, compared to 396,762,384.43 RMB in Q3 2019[35] Shareholder Information - The total number of shareholders reached 31,968 by the end of the reporting period[9] - The largest shareholder, China Water Investment Co., Ltd., holds 33.55% of the shares[9] Research and Development - Research and development expenses amounted to ¥6,345,409.35, indicating a focus on water treatment technology development[13] - Research and development expenses amounted to CNY 2,464,348.64 for Q3 2020, indicating a continued investment in innovation[25] Government Subsidies and Other Income - Government subsidies closely related to the company's operations amounted to CNY 41,122,911.52 for the first nine months[8] - Non-operating income for the first nine months totaled CNY 5,585,003.97[9] - Other income increased by 49.26% to ¥44,748,213.74, primarily due to higher government subsidies received by subsidiaries[13] - Other income for Q3 2020 was CNY 26,441,347.68, significantly higher than CNY 8,607,437.12 in Q3 2019, representing a growth of 208%[25] Investment Income - Investment income improved by 133.05% to ¥12,452,285.86, resulting from increased equity method investment returns[13] - The company's investment income for Q3 2020 was CNY 12,174,532.29, compared to CNY 14,095,746.26 in Q3 2019, indicating a slight decrease of 13%[25] - The company reported investment income of ¥92,498,419.23 for the first three quarters of 2020, a significant increase from ¥35,200,534.70 in the same period of 2019[30]