广深铁路(601333) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months was CNY 11,548,681,016, representing a decline of 26.03% compared to the same period last year[4] - Net profit attributable to shareholders of the listed company was a loss of CNY 1,116,783,823, a decrease of 227.66% year-on-year[4] - Basic earnings per share were CNY (0.158), a decrease of 228.46% compared to CNY 0.123 in the same period last year[4] - Total operating revenue for Q3 2020 was RMB 4,091,780,610, a decrease of 24.6% compared to RMB 5,426,455,233 in Q3 2019[15] - Net profit for Q3 2020 was a loss of RMB 502,966,313, compared to a profit of RMB 114,625,328 in Q3 2019[16] - Operating revenue for the first three quarters of 2020 was CNY 11.48 billion, a decrease from CNY 15.46 billion in the same period of 2019, representing a decline of approximately 25.5%[19] - Net profit for the third quarter of 2020 was a loss of CNY 475.32 million, compared to a profit of CNY 125.41 million in the same quarter of 2019, indicating a significant downturn[19] - The total profit for the third quarter of 2020 was a loss of CNY 622.59 million, compared to a profit of CNY 170.16 million in the same quarter of 2019[19] Cash Flow and Assets - Net cash flow from operating activities for the first nine months was CNY 1,063,060,722, down 51.78% year-on-year[4] - Cash flow from operating activities for the first three quarters of 2020 was CNY 1.06 billion, down from CNY 2.20 billion in the same period of 2019, reflecting a decrease of about 51.8%[21] - Total cash and cash equivalents at the end of the third quarter of 2020 stood at CNY 1.50 billion, down from CNY 1.85 billion at the end of the same period in 2019[22] - The cash and cash equivalents increased to CNY 1,724,928,013 as of September 30, 2020, from CNY 1,562,333,604 at the end of 2019[12] - The company reported a decrease in cash inflow from sales of goods and services to CNY 8.89 billion in the first three quarters of 2020, down from CNY 12.19 billion in the same period of 2019, a decline of approximately 27.5%[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 35,990,788,727, a decrease of 2.45% compared to the end of the previous year[4] - The company's total liabilities increased to CNY 8,392,397,962 as of September 30, 2020, compared to CNY 7,753,850,284 at the end of 2019[13] - The company's deferred tax assets increased by 109.91% to CNY 611,349,068 as of September 30, 2020, compared to CNY 291,249,981 at the end of 2019, attributed to an increase in deductible losses[8] - The total assets as of September 30, 2020, were CNY 35,990,788,727, a decrease from CNY 36,893,133,065 at the end of 2019[12] - Total liabilities increased to RMB 7,941,707,171 from RMB 7,348,181,765 at the end of 2019, reflecting a rise of 8.1%[15] - The company's total equity decreased to RMB 27,878,426,755 from RMB 29,343,090,720 at the end of 2019, a decline of 5.0%[15] Government Support and Other Income - The company received government subsidies amounting to CNY 12,263,065 during the first nine months[5] - Non-operating income and expenses totaled CNY (10,796,880) for the reporting period[5] Employee Compensation and Financial Expenses - The company reported a 204.60% increase in employee compensation payable, reaching CNY 758,541,589, due to deferred social insurance and housing fund payments[8] - The company’s financial expenses increased to CNY 22.56 million for the first three quarters of 2020, compared to CNY 25.27 million in the same period of 2019[19] Changes in Accounting Standards - The company implemented new revenue and lease standards starting in 2020, with retrospective adjustments to prior comparative data not applicable[23] - The audit report is not applicable for the third quarter of 2020[23]