长春燃气(600333) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months was ¥948,221,322.43, a decrease of 12.70% year-on-year[6] - Net profit attributable to shareholders was a loss of ¥90,351,316.70, compared to a loss of ¥84,939,097.78 in the same period last year[6] - The weighted average return on net assets decreased by 0.23 percentage points to -4.38%[6] - Basic and diluted earnings per share were both -¥0.15, compared to -¥0.14 in the same period last year[7] - The company's net profit for Q3 2020 was CNY 10,533,578.72, a significant decrease compared to a net loss of CNY 23,769,836.35 in Q3 2019[27] - Total revenue for Q3 2020 reached CNY 238,517,054.25, up from CNY 200,208,922.95 in Q3 2019, representing an increase of approximately 19%[30] - The net profit for the first three quarters of 2020 was RMB 609,113.92, compared to RMB 530,729.25 in the same period of 2019, indicating an increase of about 14.66%[26] - Total revenue for the first three quarters of 2020 was CNY 955,476,769.53, a decrease of 16.5% compared to CNY 1,144,553,285.05 in the same period of 2019[34] Assets and Liabilities - Total assets at the end of the reporting period reached ¥5,727,696,463.93, an increase of 2.86% compared to the previous year[6] - The total liabilities rose to ¥3,677,808,303.82 from ¥3,434,369,860.61, indicating increased financial obligations[19] - The company's equity attributable to shareholders decreased to ¥2,018,859,301.79 from ¥2,104,452,464.43, reflecting a decline in retained earnings[19] - Current assets totaled RMB 668,621,326.26, up from RMB 450,150,771.28 in the previous year, indicating a significant increase of about 48.7%[22] - Total liabilities reached RMB 3,328,443,465.27, compared to RMB 3,083,891,144.65 in the previous year, reflecting an increase of approximately 7.95%[23] - Long-term borrowings rose significantly to RMB 401,300,000.00 from RMB 147,400,000.00, indicating an increase of approximately 172.5%[23] - Current liabilities totaled CNY 2,607,873,025.55, while non-current liabilities were CNY 826,496,835.06, leading to total liabilities of CNY 3,434,369,860.61[41] Cash Flow - Cash flow from operating activities showed a net outflow of ¥139,563,203.57 for the first nine months, compared to a net outflow of ¥8,171,083.76 in the previous year[6] - Operating cash flow for the first three quarters of 2020 showed a net outflow of CNY -139,563,203.57, compared to a net outflow of CNY -8,171,083.76 in the previous year[35] - The company raised CNY 2,652,160,000.00 through borrowings in the first three quarters of 2020, up from CNY 1,353,000,000.00 in the same period of 2019[37] - The net cash flow from financing activities for the first three quarters of 2020 was CNY 351,527,247.29, compared to CNY 49,809,086.04 in the previous year[38] - The company reported a cash outflow of CNY 1,155,257,984.50 from operating activities in the first three quarters of 2020, compared to CNY 1,174,406,567.52 in the same period of 2019[35] Shareholder Information - The total number of shareholders at the end of the reporting period was 38,256[10] - The largest shareholder, Changchun Changgang Gas Co., Ltd., held 58.75% of the shares[10] Government Subsidies and Other Income - The company received government subsidies amounting to ¥46,606,089.59 during the first nine months[8] - Other income surged by 657.42% to ¥46,606,089.59 from ¥6,153,303.53, primarily due to increased government subsidies received[12] - Other income for Q3 2020 was CNY 20,968,177.45, significantly higher than CNY 1,145,176.53 in Q3 2019[30] Expenses - Sales expenses decreased by 3.98% to ¥231,417,496.89 from ¥241,002,328.60, mainly due to reduced wages and related costs[12] - Management expenses fell by 6.44% to ¥86,067,925.11 from ¥91,987,601.88, also driven by lower wage expenses[12] - Financial expenses decreased by 6.79% to ¥75,652,929.43 from ¥81,163,110.97, reflecting a reduction in loan interest costs[12] - Operating costs for Q3 2020 were CNY 140,786,668.69, an increase from CNY 121,604,363.20 in Q3 2019[30] Accounting Standards - The company is undergoing adjustments in accounting standards effective from January 1, 2020, which may impact revenue recognition[41] - The company implemented new revenue recognition standards starting January 1, 2020, which may impact future financial reporting[46]