京源环保(688096) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months was approximately CNY 204.99 million, representing a year-on-year growth of 10.96%[7] - Net profit attributable to shareholders for the first nine months was approximately CNY 31.30 million, a decrease of 6.88% compared to the same period last year[7] - Total operating revenue for Q3 2020 was CNY 74,642,016.86, an increase of 6.1% compared to CNY 70,457,278.02 in Q3 2019[52] - Net profit for Q3 2020 was CNY 12,485,013.97, a decrease of 10.9% from CNY 14,009,862.59 in Q3 2019[53] - The total comprehensive income attributable to shareholders for the first three quarters of 2020 was CNY 36,367,714.65, up from CNY 33,992,919.10 in the same period of 2019[53] Assets and Liabilities - Total assets at the end of the reporting period reached approximately CNY 978.44 million, an increase of 70.14% compared to the end of the previous year[7] - As of September 30, 2020, accounts receivable increased by 33.50% to ¥410,256,379.24 compared to ¥307,313,737.36 at the end of 2019[11] - Total current liabilities increased to CNY 224,123,110.25 from CNY 175,249,157.27, reflecting a rise of about 28%[48] - The company's equity attributable to shareholders increased significantly to CNY 748,997,538.16 from CNY 369,881,748.79, marking a growth of approximately 102.5%[48] - Total liabilities increased to CNY 220,301,412.62 in Q3 2020 from CNY 201,492,485.23 in Q3 2019, representing a rise of 9.4%[51] Cash Flow - The company reported a net cash flow from operating activities of approximately -CNY 90.96 million for the first nine months[7] - The net cash flow from operating activities was negatively impacted due to project implementation costs and slow collection of receivables due to the pandemic[41] - Cash received from sales for the first three quarters of 2020 was ¥112,396,608.07, down from ¥147,436,229.89 in the same period of 2019[60] - Total cash outflow from operating activities was CNY 237,354,934.10, compared to CNY 228,388,731.24 in the previous year, indicating an increase of about 4.7%[61] - Cash inflow from financing activities totaled CNY 450,593,910.14, significantly higher than CNY 124,739,940.46 in Q3 2019, marking an increase of approximately 261%[62] Shareholder Information - The number of shareholders at the end of the reporting period was 5,339[9] - The top shareholder, Li Wulin, held 15,930,000 shares, representing 14.85% of the total shares[9] Research and Development - The company's R&D investment accounted for 9.71% of operating revenue, an increase of 5.12 percentage points year-on-year[8] - Research and development expenses for Q3 2020 were CNY 4,306,072.05, compared to CNY 2,721,440.15 in Q3 2019, reflecting a 58.2% increase[52] - R&D expenses in Q3 2020 were ¥3,919,610.64, an increase of 50.2% compared to ¥2,609,481.69 in Q3 2019[57] Investment and Financing - The company reported a net cash flow from financing activities of CNY 357,834,693.15, compared to CNY 65,399,329.71 in the same quarter last year, reflecting a substantial increase of about 447%[62] - The company issued new shares, resulting in an increase in fundraising activities, which positively impacted cash flow from financing activities[43] - The company’s long-term equity investments reached ¥27,077,490.83, reflecting new investments made during the period[18] Other Financial Metrics - Basic and diluted earnings per share were both CNY 0.38, a decrease of 9.52% compared to the previous year[8] - The weighted average return on net assets decreased by 5.63 percentage points to 6.29%[8] - Management expenses increased by 49.14% to ¥22,923,761.95, primarily due to higher employee compensation[36]