WEIMING(SH:603568)2021-10-27 16:00Financial Performance - The company's operating revenue for Q3 2021 was RMB 1,235,816,586, representing a year-on-year increase of 25.19%[4] - The net profit attributable to shareholders for Q3 2021 was RMB 419,513,545, with a year-on-year increase of 3.37%[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses for the year-to-date was RMB 416,237,527.55, reflecting a year-on-year increase of 3.28%[4] - The basic earnings per share for the year-to-date was RMB 0.95, which is an increase of 32.29% compared to the same period last year[5] - Total revenue for the first three quarters of 2021 reached CNY 3,325,806,741.94, a significant increase of 56.05% compared to CNY 2,132,149,631.89 in the same period of 2020[17] - Net profit for the third quarter of 2021 was CNY 1,204,114,576.90, representing a 32.83% increase from CNY 906,617,912.21 in the previous year[19] - The total comprehensive income for Q3 2021 was ¥1,204,114,576.90, compared to ¥906,617,912.21 in Q3 2020, reflecting an increase of about 33%[20] Cash Flow and Assets - The cash flow from operating activities for the year-to-date was RMB 867,746,211.63, showing a significant increase of 62.83%[5] - The net cash flow from operating activities for the first three quarters of 2021 was ¥867,746,211.63, compared to ¥532,927,084.77 in the same period of 2020, indicating a year-over-year increase of approximately 63%[22] - Cash and cash equivalents at the end of Q3 2021 amounted to ¥513,056,658.09, compared to ¥383,624,138.80 at the end of Q3 2020, showing an increase of approximately 34%[23] - The company's cash and cash equivalents decreased from RMB 964.73 million at the end of 2020 to RMB 527.25 million by September 30, 2021[15] - Total assets at the end of the reporting period were RMB 12,545,239,936.49, an increase of 19.78% from the end of the previous year[5] - Non-current assets totaled CNY 9,970,780,373.04, an increase of 28.56% compared to CNY 7,735,927,013.43 in the previous year[16] - Total liabilities reached CNY 6,149,742,867.69, a rise of 24.83% from CNY 4,924,529,413.23 year-over-year[17] Shareholder Information - The equity attributable to shareholders at the end of the reporting period was RMB 6,292,237,810.58, reflecting a year-on-year increase of 14.62%[5] - The total number of ordinary shareholders at the end of the reporting period was 23,165[9] - The company's equity attributable to shareholders rose to CNY 6,292,237,810.58, an increase of 14.61% from CNY 5,489,485,167.52 in the previous year[17] Operational Highlights - The company reported a year-to-date increase in operating revenue of 55.98%, primarily due to increased income from project operations, equipment, EPC, and waste collection services[8] - The company achieved a total waste input of 5.0425 million tons in the first three quarters, a year-on-year increase of 26.52%[12] - The company completed an electricity generation of 1.506 billion kWh, representing a year-on-year growth of 33.27%[12] - The company has 32 operational waste incineration projects as of the end of the reporting period[12] - The company signed an investment agreement for the Changli County Waste Treatment Project with a total investment of RMB 441 million[12] - The company plans to invest up to RMB 700 million in the restructuring of Shengyun Environmental Protection Group, acquiring 51% of its shares[12] Expenses and Liabilities - Operating costs for the same period were CNY 2,024,651,547.22, up 81.92% from CNY 1,111,606,135.74 year-over-year[17] - Research and development expenses increased to CNY 58,870,735.88, up 107.06% from CNY 28,357,874.97 in the same quarter of 2020[19] - Long-term borrowings increased to CNY 2,012,980,223.24, compared to CNY 1,093,924,818.93 in the same period last year, reflecting a growth of 83.83%[17] - The company reported a financial expense of CNY 81,509,387.08, which is an increase of 51.73% compared to CNY 53,784,576.38 in the same quarter of 2020[19] Recognition and Awards - The company was recognized as one of the "Top 50 Environmental Enterprises in China" at the 2021 China Ecological Environment Industry Summit Forum[12]