京能热力(002893) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 7,130,288.09, down 45.17% year-on-year[8] - Net profit attributable to shareholders was a loss of CNY 39,048,050.92, a decrease of 20.40% compared to the same period last year[8] - Basic earnings per share were -CNY 0.24, reflecting an increase of 11.11% compared to the previous year[8] - The weighted average return on equity was -6.11%, a decrease of 0.80% year-on-year[8] - Total operating revenue for Q3 2019 was CNY 7,130,288.09, a decrease of 45% compared to CNY 13,004,432.04 in the same period last year[41] - Net profit for Q3 2019 was a loss of CNY 39,048,050.92, compared to a loss of CNY 34,511,763.13 in Q3 2018, reflecting a decline in profitability[42] - The total comprehensive income for the period was CNY -39,048,050.92, compared to CNY -32,431,066.89 in the previous year[43] - The net loss for Q3 2019 was CNY 37,469,299.44, compared to a net loss of CNY 31,656,634.74 in Q3 2018, reflecting a deterioration of 18.4%[46] - The company's total revenue from January to the end of the reporting period was CNY 576,715,584.21, a slight decrease from CNY 590,099,139.21 in the previous year[47] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,680,801,145.92, a decrease of 9.02% compared to the end of the previous year[8] - Current assets decreased to CNY 712,250,890.78 from CNY 995,568,333.24, indicating a decline of approximately 28.5%[32] - Total liabilities decreased to CNY 1,059,905,861.05 from CNY 1,209,688,011.40, a reduction of about 12.4%[33] - Non-current assets increased to CNY 968,550,255.14 from CNY 851,953,848.27, an increase of about 13.7%[32] - Total assets as of September 30, 2019, were CNY 1,677,647,865.98, down from CNY 1,822,203,314.17 at the end of 2018[39] - Total liabilities decreased to CNY 1,184,833,528.51 from CNY 1,328,078,060.11, showing a reduction in financial obligations[38] - The company's equity attributable to shareholders was CNY 620,895,284.87, slightly down from CNY 625,627,271.89 at the end of 2018[39] Cash Flow - The net cash flow from operating activities was CNY 165,205,596.03, an increase of 5.41% year-on-year[8] - Cash and cash equivalents decreased by 66.60% to ¥173,872,113.38 from ¥520,523,784.53 due to seasonal collection of heating fees[16] - The net cash flow from operating activities was -173,448,122.70 CNY, compared to 156,343,002.23 CNY in the previous period, indicating a significant decline in operational cash generation[61] - Cash inflow from financing activities was 326,485,285.00 CNY, compared to 10,000,000.00 CNY in the previous period, reflecting a strong increase in financing[62] - The ending cash and cash equivalents balance was 331,732,044.63 CNY, down from 391,242,579.02 CNY year-over-year[62] Shareholder Information - The total number of shareholders at the end of the reporting period was 20,888[12] - The largest shareholder, Zhao Yibo, holds 27.69% of the shares, amounting to 44,050,266 shares, with 32,717,000 shares pledged[12] Government Subsidies and Other Income - The company received government subsidies amounting to CNY 1,724,119.48 during the reporting period[9] - The company reported a significant increase in other income by 94.61% to ¥22,625,538.82 from ¥11,626,382.53 due to government subsidies[17] - The company reported other income of CNY 21,786,354.12, which is an increase from CNY 10,540,669.26 in the previous period, indicating a growth of about 106.0%[53] Expenses - Management expenses increased by 30.49% to ¥55,739,183.17 from ¥42,714,833.35 mainly due to the recognition of stock option expenses[17] - Financial expenses rose by 45.01% to ¥23,500,454.89 from ¥16,206,585.52 due to increased interest expenses from the asset-backed securities issuance[17] - The company reported a financial expense of CNY 10,004,436.69 in Q3 2019, significantly higher than CNY 5,332,784.18 in Q3 2018, marking an increase of 87.5%[44] Investment Activities - The company plans to acquire 70% of HeRan Energy Co., Ltd. through its subsidiary, with a transaction price of ¥47,600,000[19][20] - The company received a restructuring inquiry from the Shenzhen Stock Exchange, requesting additional information regarding the acquisition[21] - The company reported a total investment payment of 849,565,507.47 CNY, significantly higher than 173,200,000.00 CNY in the previous period[61]