CQGAS(SH:600917)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥1,646,358,686.46, representing a year-on-year increase of 5.06%[7] - The net profit attributable to shareholders for the same period was ¥90,578,555.69, showing a decrease of 38.31% compared to the previous year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥92,497,664.85, down 31.88% year-on-year[7] - The basic earnings per share for Q3 2021 was ¥0.06, a decrease of 40.00% compared to the same period last year[10] - Net profit for the third quarter of 2021 was ¥320,842,469.48, representing a 8.9% increase from ¥294,710,908.63 in the same quarter of 2020[34] - Total operating revenue for the first three quarters of 2021 reached ¥5,399,642,882.33, an increase of 15.3% compared to ¥4,681,361,108.94 in the same period of 2020[31] - Total operating costs for the first three quarters of 2021 were ¥5,133,388,058.89, up 16.8% from ¥4,396,689,572.31 in 2020[31] - Total comprehensive income amounted to CNY 320,941,008.00, an increase from CNY 294,351,165.72 in the previous year[36] - Basic and diluted earnings per share were both CNY 0.20, up from CNY 0.19 year-over-year[36] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥9,275,940,201.16, an increase of 2.13% from the end of the previous year[10] - The total liabilities as of the latest report were ¥4,293,426,210.54, slightly up from ¥4,270,870,093.47 in the previous period[28] - The total equity attributable to shareholders increased to ¥4,619,464,471.75 from ¥4,447,526,830.42, showing a growth of 3.9%[28] - Total non-current assets reached RMB 7,090,307,570.30, an increase of 5.4% compared to RMB 6,729,668,498.17 as of December 31, 2020[25] - The total assets of the company were RMB 9,275,940,201.16, reflecting a growth of 2.1% from RMB 9,082,647,449.05[25] Cash Flow - Cash flow from operating activities for the year-to-date was ¥605,204,756.14, reflecting a decrease of 28.47% compared to the previous year[10] - Cash inflow from operating activities totaled CNY 6,383,039,512.03, compared to CNY 5,607,833,575.74 in the same period last year, representing an increase of approximately 13.76%[40] - Cash outflow from operating activities was CNY 5,777,834,755.89, up from CNY 4,761,738,194.73, indicating a rise of about 21.26%[40] - Net cash flow from operating activities decreased to CNY 605,204,756.14 from CNY 846,095,381.01, a decline of approximately 28.48%[40] - Net cash flow from investing activities was negative CNY 465,710,987.17, worsening from negative CNY 376,996,895.19 year-over-year[40] - Net cash flow from financing activities was negative CNY 311,636,048.46, compared to a positive CNY 130,449,048.22 in the previous year[40] - The ending balance of cash and cash equivalents was CNY 1,346,309,518.45, down from CNY 1,960,801,630.51 at the end of the previous year[42] Shareholder Information - The company reported a total of 38,738 common shareholders at the end of the reporting period[17] - The company has a significant shareholder structure, with Chongqing Energy Investment Group holding 41.07% of shares[17] - The acquisition of shares from Huaren Assets and Huaren Yikang is in progress, which may impact future performance[20] Expenses and Subsidies - The company received government subsidies amounting to ¥10,669,855.62 year-to-date, which is a decrease compared to the previous year[12] - Research and development expenses increased significantly to ¥1,536,193.27 in 2021 from ¥327,338.08 in 2020, reflecting a growth of 369.5%[31] - The company reported a financial expense of -¥18,959,169.71, which improved from -¥10,442,930.54 in the previous year[31] - The company’s tax expenses for the third quarter were ¥50,084,528.31, down from ¥60,880,741.56 in the same quarter of 2020, indicating a decrease of 17.5%[34] Inventory and Receivables - Accounts receivable increased by 37.00% due to the growth in gas fees[13] - Inventory rose by 48.16% as a result of gas injection into storage facilities[13] - Accounts receivable increased to RMB 204,651,701.50, up 37% from RMB 149,381,728.81 in the previous year[21] - Contract liabilities increased to RMB 1,695,548,122.77, up 31.3% from RMB 1,292,112,081.55[25] Borrowings - Short-term borrowings decreased significantly to RMB 162,179,833.34 from RMB 348,800,000.00, a reduction of 53.5%[25]