格林美(002340) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥3.03 billion, down 16.49% compared to the same period last year[3]. - Net profit attributable to shareholders of the listed company was ¥111.55 million, a decrease of 41.29% year-on-year[3]. - The net profit after deducting non-recurring gains and losses was ¥63.06 million, down 62.64% compared to the same period last year[3]. - Basic earnings per share were ¥0.02, down 60.00% compared to the same period last year[3]. - The total operating revenue for the third quarter of 2020 was CNY 3,030,025,019, a decrease of approximately 16.5% compared to CNY 3,628,554,011.80 in the same period last year[34]. - The net profit for the third quarter was CNY 113,061,314.44, down from CNY 203,874,146.59 year-over-year, indicating a decrease of about 44.5%[36]. - Net profit for the current period is ¥337,715,426.65, a decline of 46.9% from ¥634,780,180.93 in the previous period[43]. - The total comprehensive income for the quarter was CNY 102,545,465.80, compared to CNY 209,838,201.85 in the previous year, indicating a decline of approximately 51.0%[37]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥29.87 billion, an increase of 11.29% compared to the end of the previous year[3]. - The total liabilities increased to RMB 29,871,177,047.73 as of September 30, 2020, from RMB 26,841,031,825.26 at the end of 2019[29]. - The total assets as of September 30, 2020, amounted to CNY 18,193,923,837.43, an increase from CNY 15,834,267,086.31 at the end of 2019[33]. - Current liabilities totaled approximately ¥12.00 billion, with short-term borrowings accounting for ¥6.22 billion[58]. - Non-current liabilities amounted to approximately ¥3.77 billion, with long-term borrowings at ¥1.38 billion[59]. - The total liabilities of the company were approximately ¥15.77 billion[59]. Cash Flow - The net cash flow from operating activities was ¥96.62 million, a decline of 71.70% year-on-year[3]. - Cash and cash equivalents increased by 226.64% year-on-year, mainly due to cash received from the issuance of non-public shares[13]. - Cash flow from operating activities for Q3 2020 was 117,346,330.56 CNY, a decrease of 74.5% compared to 458,221,930.87 CNY in the previous year[50]. - The net cash flow from financing activities was CNY 2,020,634,454.95, compared to a negative cash flow of CNY -1,662,151,894.08 in the same period last year[54]. - The total cash inflow from financing activities was 10,872,439,509.72 CNY, an increase from 9,143,790,823.03 CNY in the same period last year[51]. Shareholder Information - Net assets attributable to shareholders of the listed company amounted to ¥13.03 billion, reflecting a growth of 24.26% year-on-year[3]. - The total number of shareholders at the end of the reporting period was 236,660[7]. - The largest shareholder, Shenzhen Huifengyuan, held 9.92% of the shares, amounting to 474,529,720 shares[7]. Investments and Projects - Construction in progress increased by 71.74% compared to the beginning of the period, mainly due to the implementation of the power battery recycling and re-manufacturing project for ternary materials (30,000 tons/year) and other fundraising projects[12]. - The company plans to split its electronic waste business into a subsidiary for domestic listing, aiming to strengthen its core businesses in urban mining and new energy materials[14]. - The company has ongoing contracts for nickel-cobalt-manganese hydroxide precursor materials with a recognized sales revenue of RMB 2,532.02 million out of a total contract amount of RMB 3,924.02 million[25]. Expenses - Research and development expenses decreased to CNY 114,807,330.00 from CNY 161,968,248.13, reflecting a reduction of approximately 29.1%[36]. - The company's total operating costs were CNY 2,947,405,670.48, compared to CNY 3,447,614,039.90 in the previous year, showing a decrease of about 14.5%[36]. - Financial expenses for the current period are ¥375,226,976.02, a decrease from ¥463,347,373.54 in the previous period[42]. Equity and Reserves - The equity attributable to shareholders of the parent company rose to CNY 13,028,434,892.51, compared to CNY 10,484,525,214.58 in the previous year[31]. - The capital reserve stood at CNY 3,725,327,703.10, indicating a stable financial position[63]. - The company's capital reserve increased to CNY 5,477,047,430.11 from CNY 3,725,327,703.10, reflecting a growth of approximately 47.0%[34].