富春环保(002479) - 2022 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2022 was CNY 1,172,558,207.92, representing a 4.02% increase year-over-year, while the year-to-date revenue reached CNY 3,488,983,349.12, up 14.61% compared to the same period last year[3] - Net profit attributable to shareholders for Q3 2022 was CNY 40,567,231.28, a decrease of 34.12% year-over-year, and year-to-date net profit was CNY 132,121,426.62, down 55.19% compared to the previous year[3] - The basic earnings per share for Q3 2022 was CNY 0.0469, reflecting a decline of 34.13% year-over-year, with a year-to-date earnings per share of CNY 0.15, down 55.88%[3] - The weighted average return on equity for Q3 2022 was 1.08%, down 34.55% year-over-year, with a year-to-date return on equity of 3.39%, down 55.42%[3] - The company reported non-recurring gains of CNY 17,138,645.24 for the current period, down from CNY 25,276,497.29 year-to-date[6] - Net profit for the current period was ¥199,380,432.53, a decrease of 40.5% from ¥335,568,472.25 in the previous period[22] - Operating profit decreased to ¥258,281,312.19, down 26.4% from ¥351,124,474.10 in the previous period[22] - Basic earnings per share decreased to ¥0.15 from ¥0.34 in the previous period, reflecting a decline of 55.9%[23] Assets and Liabilities - The total assets at the end of Q3 2022 were CNY 8,890,792,849.97, a decrease of 1.94% from the end of the previous year[4] - The total equity attributable to shareholders at the end of Q3 2022 was CNY 3,871,111,567.55, a decrease of 1.04% from the end of the previous year[4] - As of September 30, 2022, the company's total assets amounted to 8,890.79 million CNY, a decrease from 9,066.75 million CNY at the beginning of the year[19] - The company's current assets decreased to 2,806.14 million CNY from 2,991.05 million CNY at the beginning of the year, reflecting a decline of approximately 6.2%[17] - The company's total liabilities decreased to 4,607.40 million CNY from 4,772.90 million CNY, a decline of approximately 3.5%[19] - The company’s equity attributable to shareholders decreased to 3,871.11 million CNY from 3,911.93 million CNY, a decrease of about 1.0%[19] Cash Flow - The net cash flow from operating activities for the year-to-date period was CNY 529,206,608.78, an increase of 11.98% compared to the previous year[3] - Cash flow from operating activities generated a net amount of ¥529,206,608.78, an increase of 12.0% compared to ¥472,600,762.67 in the previous period[25] - The net cash flow from investment activities was -341,705,629.86 CNY, compared to a net cash flow of 1,010,539,252.87 CNY in the previous period[26] - The total cash inflow from financing activities was 1,748,526,455.28 CNY, while the total cash outflow was 2,046,302,843.43 CNY, resulting in a net cash flow of -297,776,388.15 CNY[26] - The cash and cash equivalents at the end of the period amounted to 853,253,560.79 CNY, down from 963,528,970.02 CNY at the beginning of the period[26] - The net increase in cash and cash equivalents for the quarter was -110,275,409.23 CNY[26] Operational Metrics - The decline in net profit was primarily due to lower average raw material prices and reduced demand from downstream customers affected by the pandemic[9] - The company received a total of 2,212.49 million CNY in demolition compensation, with 1,504.27 million CNY from the parent company and 600.63 million CNY from its subsidiary Qingyuan Ecology[13] - The company reported an increase in accounts receivable to 413.33 million CNY from 244.16 million CNY, representing a growth of approximately 69.2%[17] - The company’s fixed assets increased to 3,352.88 million CNY from 3,218.95 million CNY, indicating a growth of about 4.1%[18] - The company’s inventory increased to 580.26 million CNY from 518.73 million CNY, representing an increase of about 11.9%[17] - Research and development expenses were ¥109,579,288.99, up 7.4% from ¥102,313,417.88 in the previous period[21] - Other income decreased to ¥37,788,727.15 from ¥54,532,927.58 in the previous period, a decline of 30.6%[21] - Investment income decreased significantly to ¥9,434,541.35 from ¥58,428,910.78 in the previous period, a drop of 83.9%[21] - Tax expenses for the current period were ¥59,233,263.59, down 52.1% from ¥123,645,581.69 in the previous period[22] Shareholder Information - The company has a total of 46,796 common shareholders as of the end of the reporting period[11] Other Information - The report for the third quarter was not audited[27] - The company did not engage in any cash investments during the period, with investment payments recorded as 0.00 CNY[26] - The company paid 1,703,127,914.74 CNY in debt repayments during the quarter[26] - The company’s total cash inflow from borrowing was 1,748,526,455.28 CNY, compared to 2,285,519,220.00 CNY in the previous period[26]