万年青(000789) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥2,920,395,961.33, a decrease of 0.22% year-on-year[8]. - Net profit attributable to shareholders of the listed company was ¥305,687,369.02, down 14.62% compared to the same period last year[8]. - Basic earnings per share decreased by 14.61% to ¥0.3834[8]. - The weighted average return on net assets was 7.66%, a decrease of 3.48% compared to the previous year[8]. - Total operating revenue for Q3 2019 was CNY 2,920,395,961.33, a slight decrease of 0.8% compared to CNY 2,926,942,876.89 in the same period last year[41]. - Net profit for Q3 2019 was CNY 463,446,481.62, down 15.9% from CNY 551,038,106.24 in the previous year[42]. - The total profit for the current period is CNY 680.34 million, an increase of 34.7% from CNY 504.85 million in the previous period[55]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥10,063,655,880.12, an increase of 0.10% compared to the end of the previous year[8]. - The company’s total liabilities decreased by 56.16% to ¥210,988,790.92, due to actual tax payments made[16]. - Total current assets decreased to CNY 4,122,916,991.82 from CNY 4,386,892,061.87, a decline of approximately 6%[32]. - Total liabilities decreased to CNY 3,369,109,169.84 from CNY 3,959,561,855.51, a reduction of about 15%[33]. - The total liabilities of Jiangxi Wannianqing Cement Co., Ltd. amounted to CNY 3,959,561,855.51 as of the third quarter of 2019[66]. Equity - Net assets attributable to shareholders of the listed company increased by 9.73% to ¥4,422,268,704.74[8]. - The company’s total equity increased by 30.00% to ¥797,373,678.00, resulting from the transfer of capital reserves to share capital[16]. - Total equity increased to CNY 6,694,546,710.28 from CNY 6,094,044,991.38, representing a growth of approximately 10%[34]. - The total equity attributable to the parent company was CNY 4,030,163,925.57, reflecting a decrease of CNY 26,153,824.28 compared to the previous period[66]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥1,001,984,633.94, down 29.04% year-on-year[8]. - Cash flow from financing activities decreased by 117.60% to -¥1,529,167,952.22, mainly due to debt repayment and dividend distribution[17]. - The company's cash and cash equivalents net balance dropped by 187.77% to -¥788,325,947.23, resulting from the aforementioned financing activities[17]. - Cash flow from operating activities generated a net amount of CNY 1.00 billion, down 29.0% from CNY 1.41 billion in the previous period[57]. - Cash flow from financing activities showed a net outflow of CNY 1.53 billion, worsening from a net outflow of CNY 702.74 million in the previous period[58]. Research and Development - Research and development expenses rose by 99.23% to ¥3,543,903.20, mainly due to increased investment by subsidiaries compared to the same period last year[16]. - Research and development expenses were CNY 983,291.12, up from CNY 709,232.43 year-on-year, indicating a focus on innovation[41]. - Research and development expenses were ¥3,543,903.20, significantly higher than ¥1,778,829.29 in the previous period, indicating a focus on innovation[50]. Investment Income - Investment income surged by 113.00% to ¥60,607,880.35, attributed to higher dividends from associated companies[16]. - The company achieved investment income of CNY 304.76 million, significantly higher than CNY 179.40 million in the previous period, marking a 69.9% increase[54]. Shareholder Information - The top shareholder, Jiangxi Cement Co., Ltd., holds 42.58% of the shares, totaling 339,553,321 shares[12]. - The company did not engage in any repurchase transactions during the reporting period[13].