创业环保(600874) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months rose by 12.15% to CNY 194,069.0 million year-on-year[17] - Net profit attributable to shareholders decreased by 7.07% to CNY 38,766.8 million compared to the same period last year[17] - The company reported a decrease of 20.21% in net profit after deducting non-recurring gains and losses, totaling CNY 31,297.0 million[17] - The diluted earnings per share decreased by 6.9% to CNY 0.27[19] - Total revenue for Q3 2019 reached 715,974 thousand RMB, an increase from 622,690 thousand RMB in Q3 2018, representing a growth of approximately 15%[53] - Net profit for the first three quarters of 2019 was 2,636,823 thousand RMB, compared to 2,444,111 thousand RMB in the same period of 2018, reflecting an increase of approximately 7.9%[52] - Net profit for Q3 2019 reached CNY 239,831 thousand, compared to CNY 178,582 thousand in Q3 2018, reflecting a year-over-year increase of about 34.3%[61] - The total profit for Q3 2019 was CNY 249,901 thousand, up from CNY 195,826 thousand in the same period last year, indicating a growth of approximately 27.6%[61] - Basic and diluted earnings per share for the first three quarters of 2019 were both CNY 0.17, an increase from CNY 0.13 in the same period of 2018, reflecting a growth of 30.8%[63] Cash Flow and Liquidity - Net cash flow from operating activities increased by 36.35% to CNY 85,305.7 million year-to-date[17] - Cash inflow from operating activities for the first three quarters of 2019 was CNY 2,404,821,000, up from CNY 2,051,759,000 in 2018, indicating an increase of 17.1%[67] - Net cash flow from operating activities for the first three quarters of 2019 was CNY 853,057,000, compared to CNY 625,617,000 in 2018, showing a growth of 36.3%[69] - Cash and cash equivalents at the end of the third quarter of 2019 were CNY 1,640,741,000, compared to CNY 1,930,915,000 at the end of the same period in 2018, representing a decrease of 15.0%[69] - The company received CNY 2,032,415,000 in cash from sales of goods and services in the third quarter of 2019, an increase from CNY 1,709,396,000 in the same quarter of 2018, reflecting a growth of 18.9%[67] - The company paid CNY 860,090,000 in cash for purchasing goods and services in the third quarter of 2019, compared to CNY 646,291,000 in the same quarter of 2018, indicating an increase of 33.0%[67] Assets and Liabilities - Total assets increased by 8.35% to CNY 1,699,722.0 million compared to the end of the previous year[17] - The total liabilities increased to RMB 999,186 million, up RMB 91,937 million, or 10.13% from the end of the previous year[26] - The company's prepayments increased significantly by RMB 2,770.80 million, or 117.75%, mainly due to the increase in prepaid material costs during the period[26] - Other receivables rose by RMB 1,374.40 million, or 38.01%, mainly due to the increase in project bid deposits and receivables for tax refunds[26] - The investment property decreased by RMB 6,366.80 million, or 75.75%, primarily due to a reduction in the leasing business of the parent company's office building[26] - The construction in progress increased by RMB 20,536.40 million, or 136.06%, mainly due to investments in non-franchised projects during the period[29] - The company reported a significant increase in non-current liabilities due within one year, which rose by RMB 48,665.70 million, or 199.97%[29] Shareholder Information - The number of shareholders reached 83,979, with the largest shareholder holding 50.14% of the shares[22] Government Subsidies - The company received government subsidies amounting to CNY 4,772.1 million year-to-date, which are closely related to its normal business operations[19] Research and Development - Research and development expenses for Q3 2019 were 1,960 thousand RMB, a marginal increase from 1,929 thousand RMB in Q3 2018, indicating a focus on innovation[53]