BHWI(SZ:000605)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 305,859,038, representing a 2.69% increase compared to CNY 297,861,000 in the same period last year[5]. - Net profit attributable to shareholders for Q3 2023 was CNY 1,980,257, an increase of 61.58% from CNY 5,214,935 in the previous year[5]. - Basic earnings per share for Q3 2023 was -0.0056, improving by 61.64% from -0.0148 in the previous year[5]. - The net profit for the third quarter of 2023 was CNY 19,097,494.33, compared to CNY 16,969,568.85 in the previous year, indicating an increase of about 12.5%[20]. - The total comprehensive income for the third quarter was CNY 19,097,494.33, an increase from CNY 16,969,568.85 in the previous year[21]. - The net profit attributable to the parent company was CNY 10,033,662.80, down from CNY 10,857,683.74 year-on-year[21]. - The basic and diluted earnings per share were both CNY 0.0285, compared to CNY 0.0308 in the same period last year[21]. Cash Flow - The net cash flow from operating activities decreased by 68.13% to CNY 23,802,514 from CNY 74,677,480 in the same period last year[5]. - Cash inflows from operating activities totaled CNY 1,039,553,502.05, a decrease from CNY 1,158,528,512.81 in the previous year[23]. - The net cash flow from operating activities was CNY 23,802,514.94, significantly lower than CNY 74,677,487.19 in the previous year[23]. - The net cash flow from investing activities increased by 65.57% to ¥87,020,543.11, attributed to reduced cash outflows for fixed asset purchases[11]. - The net cash flow from financing activities fell by 89.51% to ¥15,170,643.64 from ¥144,644,605.74, primarily due to decreased cash inflows from financing activities[11]. - The company received CNY 20,898,576.89 in tax refunds, down from CNY 37,048,050.56 in the previous year[23]. Assets and Liabilities - Total assets at the end of Q3 2023 were CNY 7,847,339,816.44, a decrease of 3.18% from CNY 8,077,794,714.94 at the end of the previous year[5]. - The total liabilities decreased to CNY 5,219,333,870.04 from CNY 5,479,181,799.17 year-on-year[18]. - Long-term borrowings increased by 60.68% to CNY 1,061,506,487.16, attributed to increased long-term financing by subsidiaries[10]. - The long-term borrowings increased to CNY 1,061,506,487.16 from CNY 660,639,225.76, indicating a strategy to leverage debt for growth[18]. - The company reported a decrease in short-term borrowings to CNY 1,232,812,594.00 from CNY 1,502,523,796.04, suggesting improved liquidity management[18]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,253, with no preferred shareholders[13]. - The largest shareholder, Tianjin Xingjin Enterprise Management Co., Ltd., holds 22.46% of shares, totaling 79,200,321 shares[13]. - The second-largest shareholder, Tianjin Water Group Co., Ltd., owns 13.01% of shares, amounting to 45,868,731 shares[13]. Government Support and Other Income - The company received government subsidies amounting to CNY 3,418,546.05 during the reporting period[8]. - Non-recurring gains and losses totaled CNY 4,540,016.93 for the current period, with a cumulative amount of CNY 8,302,609.52 year-to-date[8]. - Investment income decreased by 30.02% to ¥18,846,588.51 compared to ¥26,930,021.08 in the previous year, primarily due to reduced investment income from associated companies[11]. Research and Development - Research and development expenses for the third quarter of 2023 were CNY 7,891,227.46, up from CNY 6,947,809.01 in the previous year, reflecting a focus on innovation[20]. Accounting Changes - The company has implemented new accounting standards starting January 1, 2023, affecting deferred tax assets and liabilities[25].