ST花王(603007) - 2019 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 21.63% to CNY 76,935,860.82 for the period from January to September[9] - Operating revenue decreased by 14.30% to CNY 793,811,209.57 for the same period[9] - The weighted average return on net assets decreased by 2.49 percentage points to 6.95%[9] - Basic earnings per share decreased by 12.00% to CNY 0.22[9] - Operating profit decreased by 35.22% compared to the same period last year, mainly due to a decline in revenue from the subsidiary Zhengzhou Water and rising material prices[15] - Total operating revenue for Q3 2019 was ¥220,492,941.10, a decrease of 34.2% compared to ¥334,927,089.41 in Q3 2018[27] - Net profit for Q3 2019 was ¥13,151,644.05, a decline of 54.7% from ¥29,070,219.28 in Q3 2018[28] - Operating profit for Q3 2019 was ¥18,583,372.93, a decrease of 50.3% compared to ¥37,402,945.05 in Q3 2018[28] - The company reported a total profit of CNY 8,680,439.98 for the third quarter of 2019, down 11.4% from CNY 9,805,598.95 in the third quarter of 2018[31] Cash Flow and Liquidity - Cash flow from operating activities showed an improvement, with a net cash outflow of CNY -215,972,279.85 compared to CNY -309,872,447.84 in the previous year[9] - Net cash flow from operating activities increased by 30.30% compared to the same period last year, driven by the recovery of project payments and a decrease in VAT paid by subsidiaries[17] - The net cash flow from operating activities for the first three quarters of 2019 was -CNY 215,972,279.85, an improvement from -CNY 309,872,447.84 in the same period of 2018[33] - In Q3 2019, the company reported a net cash flow from operating activities of -151,803,292.01 RMB, compared to -284,901,540.04 RMB in Q3 2018, indicating an improvement of approximately 46.7% year-over-year[37] - The company’s total cash inflow from operating activities in Q3 2019 was 629,028,776.52 RMB, while total cash outflow was 780,832,068.53 RMB, leading to a net cash flow of -151,803,292.01 RMB[37] Assets and Liabilities - Total assets increased by 6.37% to CNY 3,655,424,514.99 compared to the end of the previous year[9] - Total liabilities increased to ¥2,411,979,883.61 from ¥2,263,199,582.75, representing a growth of approximately 6.5% year-over-year[21] - Current assets totaled ¥1,301,138,654.78, up from ¥1,228,190,225.07, indicating an increase of about 5.9%[23] - Total assets amounted to ¥3,106,514,185.63, compared to ¥2,889,026,418.36, indicating a growth of about 7.5%[24] - Total liabilities reached ¥2,263,199,582.75, with current liabilities at ¥1,850,681,934.35[41] - Total assets amounted to ¥3,436,678,032.65, with non-current assets at ¥1,699,848,769.05[40] Shareholder Information - The number of shareholders reached 18,999 by the end of the reporting period[11] - The largest shareholder, Huawang International Construction Group Co., Ltd., holds 41.23% of the shares, with 139,013,000 shares pledged[11] - Total equity attributable to shareholders reached ¥1,141,683,434.35, up from ¥1,072,426,193.41, which is an increase of approximately 6.5%[21] Inventory and Expenses - Inventory increased to approximately CNY 810.33 million, up from CNY 706.13 million at the end of the previous year[19] - Sales expenses decreased by 219.72% compared to the same period last year, attributed to strategic adjustments and enhanced cost control measures[15] - Total operating costs for Q3 2019 were ¥208,591,772.99, down 29.7% from ¥296,517,327.40 in Q3 2018[27] - Research and development expenses for Q3 2019 were ¥8,778,552.57, a reduction of 35.9% from ¥13,667,886.45 in Q3 2018[27] Investment and Capital Expenditures - Long-term equity investments grew by 167.01% compared to the end of the previous year, mainly due to increased investments in subsidiaries during the reporting period[13] - The company invested 304,728,720.00 RMB in capital expenditures during the first nine months of 2019, up from 148,000,000.00 RMB in the same period of 2018[37]