2020-10-22 16:00Financial Performance - Operating revenue for the reporting period was CNY 823,336,475.02, down 7.24% year-on-year, and CNY 2,302,366,568.05 for the year-to-date, down 10.67%[8] - Net profit attributable to shareholders was CNY 68,867,618.71, a decrease of 13.50% year-on-year, and CNY 229,409,573.93 for the year-to-date, down 30.91%[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 36,877,821.96, down 42.47% year-on-year[8] - Basic earnings per share for the reporting period were CNY 0.08, down 11.11% year-on-year, and CNY 0.26 for the year-to-date, down 31.58%[8] - The net profit excluding non-recurring items decreased by 42.47% to 36,877,821.96 from 64,106,861.86, influenced by rising collection prices and declining disposal prices in resource recovery business[16] - The net profit for the third quarter was CNY 79,181,037.39, down from CNY 93,306,813.00 year-over-year, representing a decline of approximately 15.1%[40] - The profit before tax totaled CNY 101,577,672.86, compared to CNY 111,269,879.80 in the same quarter last year, indicating a decrease of about 8.3%[40] - The total comprehensive income for the third quarter was CNY 79,017,843.41, compared to CNY 93,066,372.81 in the prior year, reflecting a decline of approximately 15.1%[40] - The company reported a total operating cost of CNY 91,475,415.17 for the third quarter, down from CNY 131,916,592.74 in the previous period[42] Assets and Liabilities - Total assets at the end of the reporting period were CNY 10,271,069,793.09, a decrease of 1.20% compared to the end of the previous year[8] - The total number of shareholders at the end of the reporting period was 45,405[12] - Cash and cash equivalents decreased by 371.56% to -504,806,833.67 from 185,889,976.81 due to repayment of bank loans[16] - Other receivables decreased by 44.35% to 115,110,791.95 from 206,849,864.62, primarily due to the termination of a specific project funding[16] - Non-current assets increased by 46.89% to 168,569,523.41 from 114,756,634.20, mainly due to increased prepayments for equipment and project costs[16] - Short-term borrowings increased by 14.66% to 2,000,342,256.66 from 1,744,166,400.00, indicating a rise in financing needs[29] - The total assets decreased slightly by 1.2% to 10,271,069,793.09 from 10,395,432,084.42, reflecting overall financial adjustments[29] - The company’s accounts receivable increased by 6.77% to 901,008,355.39 from 843,722,663.17, indicating growth in sales or credit terms[28] - Total liabilities decreased to CNY 4,718,583,173.53 from CNY 4,707,057,018.49[35] Cash Flow - The net cash flow from operating activities was CNY 227,349,987.26, a decrease of 23.49% compared to the same period last year[8] - The net cash flow from financing activities decreased by 170.54% to -389,813,052.81 from -144,086,057.00, reflecting repayment of maturing bonds and bank loans[16] - The net cash flow from operating activities was 626,425,189.13 CNY, a decrease from 880,570,099.85 CNY in the previous quarter, indicating a decline of approximately 29%[55] - Total cash inflow from operating activities amounted to 2,684,305,080.23 CNY, while cash outflow was 2,057,879,891.10 CNY, resulting in a net inflow of 626,425,189.13 CNY[55] - Cash inflow from financing activities totaled 2,374,307,180.77 CNY, while cash outflow was 2,764,120,233.58 CNY, leading to a net cash outflow of 389,813,052.81 CNY[56] - The ending balance of cash and cash equivalents was 591,936,911.45 CNY, down from 1,214,881,269.28 CNY in the previous quarter, indicating a decrease of approximately 51%[56] Investment and Expenses - The company reported a significant increase in asset disposal gains by 4634.10% to 17,553,490.97 from 370,788.18 due to property sales[16] - The company reported a decrease in investment income to CNY 10,124,271.71 from CNY 12,686,603.12 year-over-year[47] - Research and development expenses increased to CNY 7,189,654.24, up from CNY 5,573,185.12 in the previous year, reflecting a focus on innovation[51] - The company experienced a significant reduction in credit impairment losses, reporting CNY -5,095,397.63 compared to CNY -82,175,186.79 in the previous year[47] Shareholder Information - The top shareholder, HKSCC NOMINEES LIMITED, held 22.76% of the shares, totaling 200,095,962 shares[12] - The total equity attributable to shareholders increased to CNY 4,441,947,862.00 from CNY 4,344,631,763.32[31] Market Outlook - The company aims to enhance market expansion and product development strategies moving forward, although specific figures were not disclosed in the report[47]