东华能源(002221) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was ¥338,859,537.52, a decrease of 10.21% year-on-year[3]. - Operating revenue for the period was ¥7,279,886,196.50, down 35.81% compared to the same period last year[3]. - The basic earnings per share were ¥0.2150, reflecting a decline of 9.97% year-on-year[3]. - The weighted average return on equity was 3.40%, down 0.76% from the previous year[3]. - The company reported a net profit excluding non-recurring gains and losses of ¥310,152,201.46, an increase of 20.24% year-on-year[3]. - The company's revenue for the reporting period was 23.729 billion yuan, a decrease of 36.14% compared to the same period last year, primarily due to the divestment of the LPG domestic distribution business[16]. - The net profit attributable to the parent company was 1.029 billion yuan, an increase of 1.88% year-on-year, demonstrating resilience despite the pandemic's impact[16]. - Total operating revenue for Q3 2020 was CNY 7,279,886,196.50, a decrease of approximately 35.5% compared to CNY 11,340,387,917.45 in the same period last year[36]. - Net profit for Q3 2020 was CNY 339,713,788, compared to CNY 378,235,864 in Q3 2019, reflecting a decrease of about 10.2%[38]. - The total profit for Q3 2020 was CNY 412,093,531.33, down from CNY 507,737,771.10 in the previous year, a decline of approximately 18.8%[38]. - The company reported a total comprehensive income of CNY 986,542,833.80, down from CNY 1,046,303,091.06 in the previous period[46]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥28,918,710,345, an increase of 2.98% compared to the end of the previous year[3]. - The total liabilities amounted to CNY 18,925,303,988.46, slightly up from CNY 18,741,061,586.55 year-over-year[33]. - The total equity attributable to shareholders of the parent company was CNY 9,977,168,650.41, up from CNY 9,326,855,706.79, marking an increase of about 6.9%[33]. - The company reported a total of 9,563,721,051.08 CNY in short-term loans, remaining unchanged from the previous period[58]. - The total liabilities reached 16,187,383,791.56 CNY, with current liabilities comprising a significant portion of this total[58]. - The company has a total of 1,735,016,779.29 CNY in long-term loans, indicating a stable long-term financing structure[58]. - The total assets amounted to 28,081,435,717.57 CNY, with current assets totaling 16,833,801,557.36 CNY[57]. - The company has maintained a strong liquidity position with a cash balance increase of 43,556,448.83 CNY during the quarter[55]. Cash Flow - The net cash flow from operating activities was ¥26,741,988.85, a significant decrease of 97.64%[3]. - The company reported a decrease in operating cash flow of 2.141 billion yuan, a decline of 143.42%, mainly due to increased accounts receivable[15]. - The net cash flow from operating activities for the third quarter was -648,216,881.92 CNY, a decrease from 1,492,848,941.04 CNY in the previous year[50]. - Cash received from the sale of goods and services was 24,916,414,005.01 CNY, down from 38,881,513,081.57 CNY year-over-year, representing a decline of approximately 36%[50]. - The total cash inflow from operating activities was 25,370,630,450.91 CNY, compared to 39,029,873,523.90 CNY in the previous year, indicating a decrease of about 35%[51]. - The net cash flow from investing activities was -1,327,129,740.76 CNY, worsening from -407,693,186.69 CNY in the same period last year[52]. - The net cash flow from financing activities was 632,492,741.16 CNY, a significant improvement from -2,646,568,749.41 CNY in the previous year[52]. Shareholder Information - The total number of shareholders at the end of the reporting period was 42,626[6]. - The largest shareholder, Donghua Petroleum (Yangtze) Co., Ltd., held 19.73% of the shares[6]. - The company did not engage in any repurchase transactions during the reporting period[9]. Investment and Development - The company achieved hydrogen sales revenue of 54.1468 million yuan during the reporting period, with total sales revenue of 95.1436 million yuan for the first three quarters[16]. - The construction of the Maoming Phase I and Ningbo Phase II and III projects is progressing as planned, with significant milestones achieved[17]. - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[36]. - Research and development expenses increased to CNY 5,553,965.77 in Q3 2020, up from CNY 1,922,841.72 in Q3 2019, indicating a significant investment in innovation[37]. - Research and development expenses increased to CNY 7,822,206.57 from CNY 6,944,008.33, reflecting a growth of 12.6%[43]. Other Financial Metrics - The gross profit margin increased to 7.51%, up 2.05% year-on-year, indicating improved profitability post-LPG business divestment[16]. - The company’s derivative financial assets increased by 19.699 million yuan, a growth of 59.94%, attributed to gains from futures fair value changes[12]. - The company’s other comprehensive income decreased by 44.4691 million yuan, a decline of 75.83%, primarily due to foreign currency translation adjustments[14]. - The company has no securities or derivative investments during the reporting period[21][22]. - The company has not undergone an audit for the third quarter report[64]. - The implementation of new revenue and leasing standards began on January 1, 2020, affecting financial reporting[63].