创业环保(600874) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was RMB 136,061.1 million, representing a year-on-year increase of 41.91%[7] - The net profit attributable to shareholders for Q3 2021 was RMB 24,019.9 million, an increase of 33.65% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 22,460.1 million, up 40.52% year-on-year[7] - The basic earnings per share for Q3 2021 was RMB 0.17, reflecting a growth of 33.65% compared to the previous year[10] - Total operating revenue for the first three quarters of 2021 reached CNY 3,264,565, an increase from CNY 2,480,166 in the same period of 2020, representing a growth of approximately 31.6%[36] - Net profit for the first three quarters of 2021 was CNY 582,783, compared to CNY 479,791 in 2020, reflecting a growth of approximately 21.5%[40] - The total comprehensive income attributable to the parent company increased to CNY 544,688 thousand from CNY 436,674 thousand, representing a growth of approximately 24.8% year-over-year[42] - Basic and diluted earnings per share rose to CNY 0.38, up from CNY 0.31, reflecting a 22.6% increase[42] Assets and Liabilities - The total assets at the end of the reporting period were RMB 2,148,083.7 million, an increase of 14.24% from the end of the previous year[10] - As of September 30, 2021, the company's total current assets reached RMB 5,903,952,000, an increase from RMB 3,795,459,000 as of December 31, 2020, representing a growth of approximately 55.6%[28] - The company's total assets increased to CNY 21,480,837 in 2021 from CNY 18,802,969 in 2020, marking a growth of about 8.9%[33] - Non-current liabilities rose to CNY 9,598,449 in 2021, compared to CNY 7,704,446 in 2020, representing an increase of approximately 24.6%[33] - The total liabilities of the company reached CNY 13,469,155 in 2021, up from CNY 11,221,326 in 2020, indicating a growth of about 20.1%[33] Cash Flow - The company's cash flow from operating activities for the year-to-date was RMB 82,611.7 million, showing a significant increase of 70.82%[10] - Cash inflow from operating activities totaled CNY 2,666,100 thousand, compared to CNY 2,183,472 thousand in the previous year, marking an increase of 22.1%[44] - Net cash flow from operating activities improved to CNY 826,117 thousand, up from CNY 483,606 thousand, indicating a growth of 71.1%[44] - Cash outflow for investing activities was CNY 1,426,407 thousand, compared to CNY 1,138,777 thousand in the previous year, showing an increase of 25.3%[44] - Net cash flow from financing activities increased significantly to CNY 1,605,716 thousand from CNY 148,866 thousand, a rise of 979.5%[44] - The ending balance of cash and cash equivalents reached CNY 2,658,287 thousand, up from CNY 1,563,945 thousand, reflecting a growth of 70.0%[44] - The company reported a significant increase in cash and cash equivalents, with a net increase of RMB 300.18 million due to combined effects from operating, investing, and financing activities[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 64,441[18] - The total number of shares held by the top ten unrestricted shareholders accounted for 8.72% of the company's total share capital[21] - The company has not identified any strategic investors among the top ten shareholders[21] Research and Development - The company's research and development expenses for Q3 2021 were RMB 54.76 million, indicating an increase compared to the same period last year[17] - Research and development expenses for the first three quarters of 2021 were CNY 6,930, up from CNY 4,478 in 2020, showing an increase of approximately 54.7%[36] Government Subsidies and Accounting Policies - The company received government subsidies amounting to RMB 1,999.0 million during the reporting period[11] - The company adjusted its accounting policies in accordance with the new revenue recognition standards, impacting various financial statement items, including a decrease in intangible assets by RMB 1,753,383,335.85[25] Other Financial Metrics - The company reported a long-term receivables balance of RMB 3,483,568,000, significantly higher than RMB 1,647,402,000 at the end of 2020, marking an increase of about 111.7%[28] - Accounts receivable increased to RMB 2,417,379,000 from RMB 1,959,083,000, reflecting a growth of approximately 23.4%[28] - The company reported a contract asset of RMB 374,433,000 as of September 30, 2021, reflecting its ongoing project engagements[28] - The company did not report any net profit from the merged entity prior to the merger, consistent with the previous period[42] - Payments to employees increased to CNY 328,146 thousand from CNY 270,243 thousand, representing a rise of 21.4%[44]