ECH(SH:603200)2021-10-26 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥141,687,962.50, a decrease of 6.98% compared to the same period last year[5] - The net profit attributable to shareholders was ¥15,086,293.37, an increase of 44.38% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥14,566,393.37, up 37.92% from the previous year[5] - Basic earnings per share for the period were ¥0.12, a decrease of 32.50% compared to the same period last year[6] - Net profit for the third quarter of 2021 was CNY 31,404,660.42, down 36.1% from CNY 49,178,379.15 in the same quarter of 2020[24] - Earnings per share for the third quarter of 2021 were CNY 0.27, compared to CNY 0.40 in the same quarter of 2020[25] - The company reported a decrease in comprehensive income for the third quarter of 2021, totaling CNY 31,389,587.80, down from CNY 49,175,049.94 in the same quarter of 2020[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,181,860,069.08, reflecting a 1.34% increase from the end of the previous year[6] - As of September 30, 2021, total assets amounted to RMB 1,181,860,069.08, an increase from RMB 1,166,248,646.38 at the end of 2020[19] - The company’s total liabilities decreased to RMB 1,181,860,069.08 from RMB 1,166,248,646.38[20] - Total liabilities as of the end of the third quarter of 2021 were CNY 324,579,171.24, a slight decrease from CNY 330,588,188.93 at the end of 2020[22] - Total current liabilities were recorded at 329,020,034.11, highlighting the company's short-term financial obligations[31] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥25,864,586.98, showing a positive turnaround from a negative cash flow in the previous year[12] - Cash flow from operating activities for the first three quarters of 2021 was CNY 330,168,504.76, an increase from CNY 310,094,256.19 in 2020[26] - The net cash flow from operating activities was ¥25,864,586.98, a significant improvement compared to a net outflow of ¥20,268,921.11 in the previous year[27] - Total cash inflow from financing activities was ¥77,679,657.37, while cash outflow was ¥105,817,474.09, resulting in a net cash flow of -¥28,137,816.72[28] - The total cash and cash equivalents at the end of the period stood at ¥225,676,904.79, down from ¥265,896,492.93 at the beginning of the period[28] Investments and Subsidiaries - The company reported a significant increase in intangible assets by 638.51%, attributed to the acquisition of land use rights[12] - The company established a new subsidiary, Guangdong Qingfan Environmental Technology Co., Ltd., with a registered capital of RMB 20 million[17] - Long-term equity investments increased to RMB 59,559,557.78 from RMB 56,536,489.79[20] Equity and Reserves - Total equity attributable to shareholders was CNY 826,385,492.65, up from CNY 804,131,096.91 in the previous year[22] - The capital reserve stood at 369,782,154.81, reflecting the company's strong equity position[31] - The company has an undistributed profit of 295,920,413.87, which can be utilized for future investments[31] Expenses - Total operating costs for the first three quarters of 2021 were CNY 356,409,552.06, slightly up from CNY 353,430,595.19 in 2020[23] - Research and development expenses for the first three quarters of 2021 were CNY 26,166,580.07, compared to CNY 21,868,014.95 in 2020, reflecting a 19.5% increase[23]