RHI(SZ:002483)2019-10-28 16:00Financial Performance - Operating revenue decreased by 9.39% to CNY 470,520,197.03 for the current period, and by 17.07% to CNY 1,223,148,407.31 year-to-date[7] - Net profit attributable to shareholders decreased by 59.95% to CNY 13,303,938.84 for the current period, and by 11.98% to CNY 57,883,412.00 year-to-date[7] - Basic earnings per share decreased by 59.18% to CNY 0.020 for the current period[7] - Net profit for Q3 2019 was CNY 3,953,136.94, down 90.31% from CNY 40,785,858.14 in Q3 2018[43] - Total operating revenue for Q3 2019 was CNY 470,520,197.03, a decrease of 9.36% compared to CNY 519,281,608.45 in Q3 2018[42] - Total operating revenue for the year-to-date period was CNY 1,223,148,407.31, a decrease of 17.0% from CNY 1,474,998,275.47 in the previous year[49] - Net profit for the third quarter was CNY 3,271,765.88, a decline of 46.0% compared to CNY 6,071,420.92 in the previous year[48] Assets and Liabilities - Total assets increased by 14.54% to CNY 5,206,335,380.47 compared to the end of the previous year[7] - The company's total assets as of September 30, 2019, were CNY 3,057,203,299.30, an increase from CNY 2,886,996,067.16 at the end of 2018[40] - The company's total liabilities increased to ¥2,265,644,817.77 from ¥1,584,470,991.22, marking a rise of about 43.0%[34] - The total liabilities decreased to CNY 162,723,875.32 from CNY 178,312,112.03 year-over-year[39] - The company's equity attributable to shareholders was CNY 2,521,478,597.47, a decrease of CNY 390,044.82 compared to the previous period[69] Cash Flow - Net cash flow from operating activities increased by 420.94% to CNY 138,232,098.35 for the current period[7] - Operating cash flow improved by 272.52% to ¥333,594,539.60, primarily due to increased sales collections[16] - The net cash flow from operating activities was CNY 333,594,539.60, a significant improvement compared to a net outflow of CNY 193,365,662.53 in the same period last year[59] - Cash inflow from operating activities totaled CNY 2,083,171,717.84, an increase from CNY 1,221,562,635.00 in the previous year[59] - The net cash flow from financing activities was negative at CNY -250,949,863.80, contrasting with a positive inflow of CNY 152,753,899.69 in the prior year[60] Shareholder Information - The total number of shareholders at the end of the reporting period was 25,124[11] - The largest shareholder, Nantong Weiwang Industrial Co., Ltd., holds 43.47% of the shares[11] - The company did not engage in any repurchase transactions during the reporting period[12] Investments and Acquisitions - The company is planning to issue shares to acquire 73.36% of Hubei Zhongyou Youyi Environmental Technology Co., Ltd.[21] - The company has received a total of ¥3,100,000 in performance compensation related to the acquisition of Jiangsu Greenway Environmental Technology Co., Ltd.[21] - The company reported an investment income of CNY 187,815.43 for the third quarter, compared to a loss of CNY 7,589.75 in the previous year[46] Expenses - The company reported a 382.44% increase in financial expenses to ¥16,950,811.66, mainly due to reduced foreign exchange gains[15] - Research and development expenses for Q3 2019 were CNY 49,607,256.09, up from CNY 46,770,375.52 in Q3 2018[42] - Research and development expenses increased significantly to ¥2,928,652.58 from ¥578,523.49, reflecting a growth of approximately 406.5%[55] Other Financial Metrics - The weighted average return on net assets was 0.53%, down by 0.81% compared to the previous year[7] - The company reported non-recurring gains and losses totaling CNY 17,933,889.05 for the current period[9] - The company reported a gross profit margin of approximately 2.83% for Q3 2019, compared to a significantly higher margin in Q3 2018[42]