金科环境(688466) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the third quarter reached CNY 274,898,119.02, a 24.09% increase from CNY 221,528,265.14 in the same period last year[7]. - Net profit attributable to shareholders was CNY 34,790,609.70, reflecting a 4.41% increase year-on-year[7]. - Basic earnings per share decreased by 11.63% to CNY 0.38 from CNY 0.43 in the previous year[7]. - Total revenue for Q3 2020 was CNY 61,007,459.48, a decrease of 7.5% compared to CNY 65,670,728.31 in Q3 2019[32]. - Total profit for Q3 2020 was CNY 5,681,915.42, compared to CNY 8,045,452.66 in Q3 2019, reflecting a decrease of 29.5%[35]. - The net profit attributable to shareholders was CNY 4,548,421.01, down from CNY 6,819,072.23 in the same quarter last year, representing a decline of 33.3%[37]. - The total comprehensive income attributable to the parent company was CNY 4,548,421.01, compared to CNY 6,782,717.01 in Q3 2019, indicating a decrease of 33.0%[37]. - The company's total assets as of Q3 2020 were CNY 869,189.10, compared to CNY 714,233.70 in the previous quarter, showing an increase of 21.7%[34]. Assets and Liabilities - Total assets increased by 69.99% year-on-year to CNY 1,260,674,369.75[6]. - Total liabilities decreased to CNY 299,259,773.75 from CNY 384,405,340.91 year-over-year[29]. - The company's total equity remained stable at 342,765,491.44 RMB, with no significant changes reported[50]. - The total assets as of September 30, 2020, amounted to 1,260,674,369.75 RMB, compared to 741,618,261.05 RMB at the end of 2019, reflecting a significant growth[24]. - The company's cash and cash equivalents increased to 445,040,194.28 RMB as of September 30, 2020, up from 194,747,262.99 RMB at the end of 2019[24]. - The total liabilities increased from 372,482,419.66 RMB to 398,852,769.61 RMB, reflecting a rise of 26,370,349.95 RMB[49]. Cash Flow - The net cash flow from operating activities was negative at CNY -148,426,519.07, compared to CNY -78,514,196.43 in the same period last year[6]. - Cash flow from operating activities for the first three quarters of 2020 was negative CNY 148,426,519.07, worsening from negative CNY 78,514,196.43 in the same period of 2019[41]. - The company reported a net cash inflow from financing activities of CNY 553,867,923.27 in Q3 2020, compared to CNY 2,376,293.46 in Q3 2019[42]. - The company's cash flow from investing activities was negative CNY 157,907,828.24 in the first three quarters of 2020, compared to negative CNY 2,132,195.82 in the same period of 2019[41]. Shareholder Information - The total number of shareholders at the end of the reporting period was 6,587[11]. - The top shareholder, Zhang Huichun, holds 25,892,250 shares, representing 25.20% of the total shares[11]. Research and Development - Research and development expenses accounted for 4.21% of operating revenue, up from 3.88%[7]. - The company's R&D expenses for Q3 2020 were CNY 3,609,241.75, an increase of 67.5% from CNY 2,155,404.70 in Q3 2019[38]. Government Subsidies - The company reported a government subsidy of CNY 1,945,717.81 for the year-to-date period[8]. - The company received government subsidies amounting to ¥394,771.54, contributing to other income[16]. Inventory and Prepayments - Inventory decreased by 89.44% to ¥25,492,287.15 due to the implementation of new revenue recognition accounting policies[14]. - Prepayments surged by 186.69% to ¥10,798,457.98 as a result of increased payments to suppliers[14]. Future Plans - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[32]. - The company is in the process of establishing a joint venture, Beijing Beikong Jinke Desalination Technology Co., Ltd., with Beikong Water Investment Co., Ltd., to enhance its market presence in desalination technology[21].