CPEP(SZ:000544)2020-10-28 16:00Financial Performance - Operating revenue for the period reached CNY 557.13 million, representing a year-on-year increase of 29.51%[10] - Net profit attributable to shareholders was CNY 173.31 million, up 73.79% from the same period last year[10] - Total profit increased by 80.92% to ¥537,267,160.94 compared to ¥296,968,501.74, driven by increased revenue and the reversal of bad debt provisions[23] - Net profit for the period was CNY 176,501,450.25, compared to CNY 85,412,845.93 in the previous period, reflecting a substantial growth in profitability[66] - Net profit for the current period was ¥118,307,884.42, compared to ¥78,762,373.49 in the previous period, reflecting a growth of approximately 50.3%[74] - The net profit for the current period was ¥365,699,278.84, representing a growth of 61.3% from ¥226,860,619.65 in the previous period[90] Assets and Liabilities - Total assets increased by 34.16% to CNY 14.60 billion compared to the end of the previous year[10] - The total liabilities of the company amounted to CNY 7.87 billion, up from CNY 4.45 billion, which is an increase of approximately 77.5%[48] - The company's total assets increased to CNY 8,931,850,435.55 from CNY 8,169,257,632.75, showing a growth of approximately 9.35%[58] - Total liabilities rose to CNY 2,973,148,141.92, compared to CNY 2,313,057,797.88, indicating an increase of about 28.5%[58] - The total current assets amounted to CNY 3,172,197,650.44, with cash and cash equivalents at CNY 1,606,909,276.24[104] Cash Flow - The net cash flow from operating activities decreased by 33.43% to CNY 209.79 million[10] - The company reported a decrease in operating cash flow by 33.43% to ¥410,566,867.83 from ¥616,773,690.37 due to the absence of prior year's wastewater treatment fee collections[23] - Net cash flow from financing activities surged by 145.83% to ¥2,434,438,356.52 from ¥990,282,212.02, primarily due to increased bank borrowings[23] - Cash inflow from financing activities reached CNY 4,583,420,675.00, significantly higher than CNY 2,207,042,213.50 in the previous period[97] Shareholder Information - The total number of shareholders at the end of the reporting period was 33,971, with the largest shareholder holding 68.73%[14] - The largest shareholder, Zhengzhou Public Utilities Investment Development Group, held 669,855,147 shares[14] Earnings Per Share - Basic and diluted earnings per share were both CNY 0.18, a decrease of 76.92% compared to the previous year[10] - Basic and diluted earnings per share both increased to ¥0.18 from ¥0.09, marking a 100% increase[74] Investments and Expenses - Research and development expenses for the period were CNY 8,169,909.46, slightly down from CNY 9,205,289.11 in the previous period[63] - The company reported a financial expense of CNY 22,074,186.57, which decreased from CNY 25,638,388.45, indicating improved cost management[63] - The company’s investment income for the period was CNY 371,030.38, compared to CNY 163,726.47 in the previous period, showing an increase in returns from investments[63] Other Financial Metrics - The weighted average return on net assets was 2.82%, an increase of 2.90% from the previous year[10] - Other comprehensive income after tax was CNY 11,367,226.12, a recovery from a loss of CNY 13,778,455.80 in the previous period[66] - The company reported a total comprehensive income of ¥129,675,110.54, up from ¥64,983,917.69, indicating a growth of approximately 99.5%[76] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[75]