中孚实业(600595) - 2020 Q3 - 季度财报

Financial Performance - Operating income for the period from January to September was CNY 5,214,985,460.26, an increase of 1.76% year-on-year[18]. - Net profit attributable to shareholders of the listed company was a loss of CNY 245,449,168.50, compared to a loss of CNY 203,054,008.90 in the previous year[18]. - The company reported a net loss of approximately $2.86 billion, worsening from a loss of $2.62 billion year-over-year[44]. - The total profit for Q3 2020 was ¥32,989,165.44, a recovery from a loss of ¥15,315,811.13 in Q3 2019[55]. - The company reported a total comprehensive income of -¥65,254,313.81 for Q3 2020, compared to ¥8,820,937.67 in Q3 2019, showing a significant decline[63]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 21,330,285,003.92, a decrease of 4.66% compared to the end of the previous year[18]. - Total liabilities decreased from approximately $19.90 billion to $19.26 billion, a decline of about 3.2%[44]. - Current liabilities decreased from approximately $14.83 billion to $12.53 billion, a reduction of about 15.5%[41]. - Long-term borrowings increased significantly from approximately $2.40 billion to $4.06 billion, an increase of about 69.8%[41]. - The total liabilities were reported at ¥19,902,841,154.25, with non-current liabilities at ¥5,068,139,181.05[85]. Cash Flow - Net cash flow from operating activities for the period was CNY 283,524,094.61, a decrease of 59.69% compared to the previous year[18]. - The cash inflow from operating activities for the first nine months of 2020 was ¥5,119,717,936.89, down from ¥5,924,344,569.93 in the same period of 2019[67]. - The total cash inflow from operating activities was 6,421,682,919.32 RMB, down from 9,073,961,401.83 RMB year-on-year[73]. - The net cash flow from investing activities was -12,286,211.84 RMB, indicating a decline in investment returns[74]. - The ending balance of cash and cash equivalents was 500,287.65 RMB, a significant decrease from 6,558,311.47 RMB at the end of the previous period[76]. Shareholder Information - Net assets attributable to shareholders of the listed company were CNY 3,170,986,889.09, down 6.89% from the previous year[18]. - The total number of shareholders at the end of the reporting period was 82,412[21]. - The largest shareholder, Henan Yulian Energy Group Co., Ltd., held 41.36% of the shares[21]. Expenses - Sales expenses increased by 69.45% to ¥96,379,928.85 from ¥56,878,449.00[29]. - Financial expenses rose by 36.33% to ¥835,923,632.54 from ¥613,168,978.30[29]. - Research and development expenses surged to ¥134,762,179.15 in Q3 2020, up 187% from ¥46,846,752.90 in Q3 2019[52]. - The financial expenses for Q3 2020 were ¥74,519,498.56, an increase from ¥49,936,756.78 in Q3 2019, marking a rise of approximately 49.3%[61]. Government Support - The company received government subsidies amounting to CNY 33,492,860.26 from January to September[21]. Judicial Status - The company is currently undergoing judicial reorganization as of August 20, 2020, with stable production and project construction ongoing[34].