FEIDA ENVIRO(SH:600526)2023-10-30 16:00Financial Performance - Q3 2023 operating revenue was CNY 932,509,019.04, a decrease of 9.14% year-on-year[5] - Net profit attributable to shareholders was CNY 47,707,211.72, down 26.23% compared to the same period last year[5] - Net profit excluding non-recurring gains and losses was CNY 29,980,501.08, a decline of 39.22% year-on-year[5] - Basic earnings per share for Q3 2023 was CNY 0.05, down 37.50% year-on-year[6] - The company reported a decrease in diluted earnings per share to -37.50, primarily due to a decline in net profit compared to the same period last year[10] - The net profit for Q3 2023 was CNY 143,827,849.31, an increase of 32.7% compared to CNY 108,443,931.53 in Q3 2022[23] - The net profit for the first three quarters of 2023 was CNY 27,871,546.30, compared to CNY 15,338,786.86 in the same period of 2022, representing an increase of 81.67%[34] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 431,401,776.62, an increase of 531.40%[5] - The net cash flow from operating activities for the year-to-date period was 531.40 million, reflecting improved cash collection compared to the previous year[10] - The net cash flow from operating activities for the first nine months of 2023 was CNY 431,401,776.62, a significant recovery from a negative cash flow of CNY -100,000,179.86 in the previous year[28] - The company's cash flow from operating activities showed a positive trend, indicating improved operational efficiency[36] Assets and Liabilities - Total assets at the end of the reporting period were CNY 10,333,504,066.53, an increase of 6.37% from the end of the previous year[6] - Current assets as of September 30, 2023, totaled CNY 6,438,201,536.07, an increase of 14.12% from CNY 5,641,535,800.65 at the end of 2022[18] - Total liabilities as of September 30, 2023, were CNY 6,098,550,930.11, an increase from CNY 5,685,054,853.58 at the end of 2022, reflecting increased borrowing[19] - The company's total assets reached CNY 10,333,504,066.53 as of September 30, 2023, compared to CNY 9,714,802,945.11 at the end of 2022, indicating overall growth[20] - The total current liabilities as of September 30, 2023, were CNY 3,785,455,304.94, compared to CNY 3,465,326,466.56 at the end of 2022, marking an increase of 9.23%[32] Research and Development - R&D expenses increased by 47.22% year-to-date, reflecting higher investment in research and development[9] - Research and development expenses increased to CNY 97,082,369.44 in the first three quarters of 2023, up from CNY 65,943,600.41 in the same period of 2022, indicating a focus on innovation[22] - Research and development expenses for the third quarter of 2023 totaled CNY 81,053,971.75, significantly higher than CNY 51,465,737.21 in the previous year, indicating a year-over-year increase of 57.5%[34] Financing Activities - The company issued CNY 200 million in green medium-term notes during the reporting period, contributing to a 100% increase in bonds payable[9] - The financing activities resulted in a net cash outflow of -136.04 million, due to repayment of bank loans totaling 500 million and reduced fundraising activities compared to the previous year[10] - Cash inflow from financing activities was CNY 387,732,900.00, down from CNY 1,785,616,008.86 in the previous year[37] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 50,711, with the top ten shareholders holding significant stakes[12][13] - The company plans to implement a stock incentive plan, granting 23.21 million restricted shares at a price of 2.49 per share to 267 recipients[15] Growth Strategy - The company is focusing on enhancing its market presence and exploring potential mergers and acquisitions as part of its growth strategy[10] - The company plans to continue focusing on investment activities to enhance growth despite the current negative cash flow from investing activities[37]