嘉泽新能(601619) - 2019 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 4.89% to CNY 234,684,148.93 for the year-to-date period[17] - Operating income for the year-to-date period increased by 0.85% to CNY 839,062,392.21 compared to the same period last year[17] - The weighted average return on equity decreased by 1.02 percentage points to 8.64%[17] - Total operating revenue for Q3 2019 was CNY 277,378,454.88, a decrease of 5.5% compared to CNY 292,399,937.85 in Q3 2018[51] - Net profit for Q3 2019 was CNY 80,083,727.04, a decrease of 10.0% from CNY 89,324,583.66 in Q3 2018[55] - Total profit for Q3 2019 was CNY 85,081,347.27, down from CNY 92,495,260.59 in Q3 2018, representing a decrease of 8.5%[55] - Earnings per share for Q3 2019 was CNY 0.0414, compared to CNY 0.0462 in Q3 2018, reflecting a decline of 17.4%[60] - The total comprehensive income for Q3 2019 was CNY 80,083,727.04, compared to CNY 89,324,583.66 in Q3 2018, showing a decline of 10.0%[60] Cash Flow - Net cash flow from operating activities decreased by 26.06% to CNY 399,673,438.93 year-to-date[17] - Cash flow from operating activities for the first three quarters of 2019 was CNY 478,046,687.47, down from CNY 575,893,727.23 in the same period of 2018[66] - The net cash flow from operating activities was 399,673,438.93, a decrease from 540,549,447.15 in the previous period[69] - Cash outflow from operating activities totaled 80,516,907.63, significantly higher than 36,637,146.97 in the prior period[69] - The net cash flow from investing activities was -108,449,494.44, compared to -33,924,277.79 previously, indicating increased investment outflows[69] - Cash inflow from financing activities amounted to 147,880,000.00, up from 110,610,000.00 in the previous period[69] - The net cash flow from financing activities was -526,690,357.49, worsening from -459,328,940.80 in the prior period[69] - The ending balance of cash and cash equivalents was 29,853,172.99, down from 265,319,586.00 at the beginning of the period[71] Assets and Liabilities - Total assets increased by 1.03% to CNY 8,879,279,595.00 compared to the end of the previous year[17] - Total current liabilities increased to ¥1,214,336,161.36 from ¥1,076,461,027.76, reflecting a growth of approximately 12.8%[41] - Long-term borrowings decreased to ¥4,065,540,000.00 from ¥4,358,200,000.00, a reduction of about 6.7%[41] - Total liabilities decreased slightly to ¥6,082,977,215.90 from ¥6,141,239,478.39, indicating a decline of approximately 0.9%[41] - Total equity attributable to shareholders increased to ¥2,796,302,450.23 from ¥2,647,499,629.99, representing a growth of around 5.6%[41] - Total assets amounted to ¥8,879,279,595.00, a slight increase from ¥8,788,739,108.38[39] - Total liabilities reached approximately ¥6.14 billion, with current liabilities at approximately ¥1.08 billion[80] - Total liabilities and equity increased to ¥8,879,279,595.00 from ¥8,788,739,108.38, a rise of about 1.0%[41] Shareholder Information - The number of shareholders at the end of the reporting period was 60,795[19] - The top ten shareholders hold a combined 99.77% of the shares, with the largest shareholder holding 32.37%[19] - Unappropriated profits rose to ¥639,415,643.19 from ¥496,608,747.09, an increase of approximately 28.7%[41] Government Subsidies and Other Income - The company received government subsidies amounting to CNY 20,875.50 related to stable employment support[19] - The company received government subsidies for employment stabilization, contributing to an increase in non-operating income to ¥30,775.50 from ¥9,153.00[26] - Other income for Q3 2019 was CNY 30,084.70, compared to CNY 9,153.00 in Q3 2018, showing a significant increase[64] Investment and Project Activities - Cash flow from investment activities showed a net outflow of ¥108,449,494.44, compared to a net outflow of ¥33,924,277.79, indicating increased project investment[26] - Construction in progress increased significantly to ¥119,981,055.75 from ¥17,505,552.66, attributed to new project investments[26] - Accounts receivable increased by 35.30% to CNY 1,507,621,097.77, mainly due to an increase in renewable energy price subsidies[23] Tax and Financial Expenses - Tax expenses increased to ¥13,096,218.75 from ¥9,551,144.23, primarily due to the loss of certain tax incentives[26] - The company reported a tax expense of CNY 3,197,711.01 for Q3 2019, compared to CNY 2,363,120.98 in Q3 2018, reflecting an increase of 35.2%[64] - The company reported a financial expense of CNY 72,775,427.89 in Q3 2019, a reduction from CNY 77,992,812.99 in Q3 2018, indicating improved cost management[51] - Financial expenses for Q3 2019 were CNY 23,014,531.39, a decrease of 9.7% from CNY 25,479,617.56 in Q3 2018[61] Research and Development - Research and development expenses for Q3 2019 were not explicitly stated but management indicated a focus on innovation and technology development[51] - Research and development expenses were not explicitly detailed in the provided data, indicating a focus on operational costs[61]