Financial Performance - The company's operating revenue for Q3 2022 was ¥1,984,233,524.59, a decrease of 7.04% compared to the same period last year[4]. - The net profit attributable to shareholders for Q3 2022 was ¥749,100,057.37, down 20.27% year-on-year[4]. - The basic earnings per share for Q3 2022 was ¥0.16, reflecting a decrease of 20.00% compared to the same period last year[5]. - The weighted average return on equity for Q3 2022 was 4.55%, a decrease of 1.33 percentage points year-on-year[5]. - Net profit for Q3 2022 was ¥1,686,886,973.68, a decrease from ¥1,995,347,555.88 in Q3 2021, reflecting a decline of approximately 15.5%[19]. - The total comprehensive income for Q3 2022 was approximately CNY 1.64 billion, a decrease from CNY 1.84 billion in Q3 2021, representing a decline of about 10.8%[20]. - Basic and diluted earnings per share for Q3 2022 were CNY 0.35, down from CNY 0.42 in Q3 2021, reflecting a decrease of 16.7%[20]. - The total profit for Q3 2022 was ¥2,030,002,880.83, down from ¥2,379,077,543.46 in Q3 2021, reflecting a decrease of about 14.6%[19]. Assets and Liabilities - Total assets at the end of Q3 2022 amounted to ¥29,760,436,454.77, an increase of 1.76% from the end of the previous year[5]. - The company's total assets reached ¥29,760,436,454.77, compared to ¥29,244,789,287.61 in the previous period, indicating a growth of approximately 1.8%[17]. - The company's current assets reached RMB 6,437,699,352.65, compared to RMB 6,047,405,536.95 at the end of 2021, reflecting an increase of approximately 6.43%[15]. - The company's total liabilities amounted to ¥12,830,043,137.23, slightly up from ¥12,741,061,706.14 in the previous period[17]. - Non-current liabilities increased to ¥7,248,259,395.67 from ¥6,541,310,255.16, marking a rise of about 10.8%[17]. - The total equity attributable to shareholders reached ¥16,841,564,093.51, compared to ¥16,434,352,469.36 in the previous year, showing an increase of approximately 2.5%[17]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥2,044,372,645.33, an increase of 6.89% compared to the same period last year[5]. - Net cash flow from operating activities for the first three quarters of 2022 was CNY 2.04 billion, an increase of 6.9% compared to CNY 1.91 billion in the same period of 2021[21]. - Cash inflow from operating activities totaled CNY 6.33 billion, compared to CNY 6.17 billion in the previous year, indicating a growth of 2.5%[21]. - Cash outflow from operating activities was CNY 4.28 billion, slightly higher than CNY 4.26 billion in the same period last year, resulting in a net cash flow from operating activities of CNY 2.04 billion[21]. - The net cash flow from investing activities was negative CNY 896.79 million, an improvement from negative CNY 2.03 billion in the same period of 2021[22]. - Cash inflow from financing activities was CNY 1.41 billion, down from CNY 2.59 billion in Q3 2021, a decrease of approximately 45.5%[22]. - The company reported a net increase in cash and cash equivalents of CNY 471.38 million, compared to CNY 588.50 million in the previous year[22]. - The ending balance of cash and cash equivalents was CNY 3.10 billion, down from CNY 3.36 billion at the end of Q3 2021[22]. Operational Highlights - The company experienced a decrease in sewage treatment volume due to high temperatures and drought conditions, impacting revenue[6]. - The company received a total of ¥248,493,973.74 in government subsidies related to sewage treatment services, which are closely tied to its business operations[9]. - The company plans to invest RMB 34,326,800 in the capital increase of Zhongzhou Water Holdings to maintain a 20% stake[12]. - The company completed the optimization of equity in its sludge treatment business, transferring 100% equity of several subsidiaries to enhance operational efficiency[12]. - The company has paid RMB 91,392,450 for the capital of the Anning Comprehensive Water Conservancy Project, which is currently under construction[12]. - The pricing for wastewater treatment services at three plants has been set at RMB 5.66, RMB 3.49, and RMB 3.58 per cubic meter, effective from January 1, 2021, to December 31, 2023[12]. Research and Development - Research and development expenses for the first three quarters were ¥1,785,098.14, up from ¥1,455,020.59 in the same period last year, indicating an increase of about 22.6%[18]. Accounting and Standards - The company did not apply new accounting standards or interpretations that would affect the financial statements for the year[23].
重庆水务(601158) - 2022 Q3 - 季度财报