CDGAS(SH:603053)2020-10-29 16:00Financial Performance - Operating income for the first nine months decreased by 17.45% to CNY 2,947,077,076.75 compared to the same period last year[19]. - Net profit attributable to shareholders of the listed company decreased by 10.24% to CNY 371,438,152.56 compared to the same period last year[19]. - The company's operating revenue and net profit decreased by 17.45% and 13.82% year-on-year, respectively, primarily due to the COVID-19 pandemic impacting production and consumption[34]. - Total operating revenue for Q3 2020 was ¥909,437,945.03, a decrease of 10.8% compared to ¥1,019,598,500.46 in Q3 2019[52]. - The net profit attributable to shareholders for Q3 2020 was ¥119,626,869.56, down from ¥124,817,605.07 in Q3 2019, representing a decline of 1.6%[59]. - The total profit for Q3 2020 was ¥142,700,659.14, compared to ¥160,570,421.75 in Q3 2019, reflecting a decrease of 11.1%[59]. - The company reported a total investment income of ¥27,443,791.46 for Q3 2020, an increase from ¥9,583,516.16 in Q3 2019[62]. - The total revenue for the period reached 10,116,300.33, with a significant increase compared to the previous period[65]. - The net profit for the period was 146,334,098.78, reflecting a growth from 104,332,712.84 in the same period last year[66]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 6,704,095,195.63, a slight increase of 0.13% compared to the end of the previous year[19]. - Total assets as of September 30, 2020, were RMB 6,704,095,195.63, compared to RMB 6,695,067,911.28 at the end of 2019[43]. - Total liabilities reached approximately ¥3.10 billion, with current liabilities at ¥2.73 billion and non-current liabilities at ¥370.44 million[79]. - Total liabilities decreased to ¥2,838,413,102.60 in Q3 2020 from ¥2,620,542,883.49 in Q3 2019, a reduction of 8.3%[51]. - The company has a total of ¥844.47 million in contract liabilities, indicating a significant amount of pre-revenue commitments[78]. - The company has long-term investments amounting to approximately $456.12 million and fixed assets valued at approximately $2.41 billion[84]. Shareholder Information - Net assets attributable to shareholders of the listed company increased by 4.64% to CNY 3,598,789,817.64 compared to the end of the previous year[19]. - The total number of shareholders at the end of the reporting period was 29,160, with the largest shareholder holding 36.90% of the shares[28]. - Shareholders' equity totaled approximately ¥3.59 billion, including paid-in capital of ¥888.89 million and retained earnings of ¥1.06 billion[79]. Cash Flow - Net cash flow from operating activities increased by 7.97% to CNY 557,978,639.61 for the first nine months compared to the same period last year[19]. - The cash flow from operating activities generated a net amount of 557,978,639.61, compared to 516,784,804.05 in the prior year[71]. - The company reported a net cash flow from investing activities of (¥155,209,267.31), compared to (¥109,153,902.52) in the previous year, indicating increased investment outflows[75]. - The ending cash and cash equivalents balance as of the end of the reporting period was ¥1,143,609,666.66, up from ¥834,797,076.49 at the end of the same period last year[75]. Operational Adjustments - The company is actively supporting the resumption of production and has adjusted prices for certain non-residential customers[34]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[62]. Research and Development - The company’s R&D expenses for Q3 2020 were ¥171,549.52, a significant decrease from ¥6,595,087.89 in Q3 2019, indicating a reduction of 97.4%[52]. - The company's R&D expenses for Q3 2020 amounted to ¥171,549.52, indicating a commitment to innovation[62].