东江环保(002672) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 887,564,909.39, representing a year-on-year increase of 9.42%[8] - Net profit attributable to shareholders decreased by 25.35% to CNY 79,619,996.54 compared to the same period last year[8] - Basic earnings per share decreased by 30.77% to CNY 0.09[8] - The company reported a net profit attributable to shareholders after deducting non-recurring gains and losses of CNY 64,106,861.86, a decrease of 37.41% compared to the same period last year[8] - The company's third-quarter revenue reached approximately 887.56 million yuan, representing a year-on-year growth of about 9.42%[17] - The net profit attributable to shareholders for the third quarter was approximately 79.62 million yuan, a year-on-year decrease of about 25.35% due to credit loss provisions[17] - The total operating revenue for Q3 2019 was CNY 887,564,909.39, an increase of 9.4% compared to CNY 811,125,151.25 in the same period last year[36] - The net profit for the third quarter was CNY 93,306,813.00, down 22.0% from CNY 119,546,302.35 year-over-year[38] - The company's total profit for the third quarter was CNY 111,269,879.80, compared to CNY 131,589,957.74 in the previous year, reflecting a decline of 15.4%[38] - The total comprehensive income for the third quarter was CNY 93,066,372.81, compared to CNY 119,150,566.38 in the previous year, indicating a decrease of 21.9%[38] Assets and Liabilities - Total assets increased by 5.60% to CNY 10,289,702,984.41 compared to the end of the previous year[8] - The company's total assets amounted to approximately 10.29 billion yuan, up from 9.74 billion yuan at the beginning of the year[28] - The total liabilities increased to CNY 5,335,487,498.73 from CNY 5,058,297,101.89, indicating a rise of 5.5%[30] - The total current liabilities reached CNY 4,506,159,489.67, up from CNY 3,524,008,760.87, indicating a year-over-year increase of 27.8%[30] Cash Flow - Net cash flow from operating activities increased by 23.50% to CNY 297,132,012.01 during the reporting period[8] - The total cash flow from operating activities increased by 63.28% to approximately 880.57 million yuan, driven by enhanced industrial waste treatment business[16] - The net cash flow from operating activities for Q3 2019 was ¥880,570,099.85, an increase from ¥539,307,205.67 in Q3 2018, reflecting a significant improvement in operational efficiency[52] - Total cash inflow from operating activities was ¥2,964,514,056.74, while cash outflow was ¥2,083,943,956.89, resulting in a net cash inflow of ¥880,570,099.85[52] Shareholder Information - The total number of shareholders at the end of the reporting period was 35,136[12] - The largest shareholder, HKSCC NOMINEES LIMITED, held 22.76% of the shares[12] Government Support - The company received government subsidies amounting to CNY 33,813,348.19 during the reporting period[9] Investment and Expenses - Research and development expenses for Q3 2019 were CNY 28,171,970.94, compared to CNY 24,344,456.21 in Q3 2018, showing a growth of 15.1%[36] - The company reported a significant increase in other income to CNY 47,643,096.40 from CNY 36,850,168.08, representing a rise of 29.1%[36] - The company incurred a credit impairment loss of CNY -74,030,955.17 in the third quarter, compared to CNY -628,785.92 in the previous year[38] - The company recorded a credit impairment loss of CNY 82,175,186.79, compared to CNY 2,975,648.83 in the same period last year, indicating increased credit risk[44] Inventory and Receivables - Other receivables decreased by 43.26% to approximately 189.87 million yuan, primarily due to the provision for bad debts and recovery of government subsidies[16] - Contract assets increased by 35.14% to approximately 129.34 million yuan, mainly from revenue recognition of public engineering projects[16] - The inventory decreased to approximately 267.21 million yuan, down from 299.71 million yuan, indicating improved inventory management[27]