和远气体(002971) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the period was CNY 243,541,028.65, representing a 48.96% increase year-on-year[9] - Net profit attributable to shareholders was CNY 24,663,173.88, a slight increase of 0.82% year-on-year[9] - Basic earnings per share decreased by 25.00% to CNY 0.15[9] - Diluted earnings per share also decreased by 25.00% to CNY 0.15[9] - The weighted average return on equity was 2.34%, down by 1.88% year-on-year[9] - Total operating revenue for the third quarter reached CNY 243,541,028.65, compared to CNY 163,498,214.25 in the same period last year, indicating a significant increase[52] - The company's operating revenue for Q3 2020 was CNY 111,958,254.06, an increase of 30.6% compared to CNY 85,779,365.77 in the same period last year[57] - Total operating revenue for the current period reached ¥610,861,379.31, a significant increase from ¥482,417,813.57 in the previous period, representing a growth of approximately 26.6%[61] - Net profit for the current period was ¥60,908,794.04, down from ¥64,059,890.49, which is a decline of about 4.5%[63] Assets and Liabilities - Total assets increased by 36.51% to CNY 1,672,243,751.82 compared to the end of the previous year[9] - Net assets attributable to shareholders increased by 74.36% to CNY 1,066,657,288.44 compared to the end of the previous year[9] - The company's cash and cash equivalents increased by 316.94% to ¥206.39 million as of September 30, 2020, due to net fundraising of ¥391 million from its listing on the Shenzhen Stock Exchange[18] - Accounts receivable rose by 62.37% to ¥135.83 million, attributed to increased sales revenue and delayed payments from some customers affected by the pandemic[18] - Fixed assets rose to CNY 595,840,332.80 from CNY 489,053,019.96, representing an increase of approximately 21.8%[45] - Current liabilities totaled CNY 485,744,532.06, up from CNY 439,704,916.63, marking an increase of about 10.5%[46] - The total liabilities decreased slightly to CNY 605,586,463.38 from CNY 613,220,659.48, reflecting a decrease of about 1.0%[46] - Total liabilities reached CNY 613,220,659.48, with current liabilities at CNY 439,704,916.63 and non-current liabilities at CNY 173,515,742.85[81] Cash Flow - Net cash flow from operating activities was CNY 23,587,385.53, a decrease of 0.33% compared to the same period last year[9] - Operating cash inflow for the current period reached CNY 469,480,865.39, an increase from CNY 395,992,980.96 in the previous period[69] - Net cash outflow from operating activities was CNY -41,250,880.69, compared to a net inflow of CNY 63,062,954.75 in the previous period[71] - Cash flow from investing activities showed a net outflow of CNY -172,023,229.59, worsening from CNY -71,368,348.54 in the previous period[72] - Financing activities generated a net cash inflow of CNY 390,167,919.93, significantly higher than CNY 12,819,092.18 in the previous period[72] Government Subsidies and Other Income - The company received government subsidies amounting to CNY 7,266,924.68 during the reporting period[10] - The company’s other income rose by 105.15% to ¥4.31 million, driven by increased subsidies received after going public[21] - The company received a total of government subsidies amounting to ¥8,845,117 from January 1 to July 24, 2020, which positively impacted the net profit for the year[4] Investments and Projects - The company established a new subsidiary for the electronic specialty gas industry park project with an investment of ¥28 million, expected to produce high-purity ammonia and hydrogen[25] - The investment progress for the potential annual production of 70,000 tons of food liquid nitrogen project is at 56.87% completion[34] - The investment progress for the Northwest Hubei Gas Operation Center project is at 98.40% completion[34] - The company has entrusted ¥33,929,540 in bank financial products, with an unexpired balance of ¥18,561,280[37] Financial Expenses and Earnings - The company’s financial expenses decreased by 25.65% to ¥20.05 million, due to optimized financing structure and increased interest income from idle funds[21] - The company reported a credit impairment loss of CNY -660,747.26, compared to a gain of CNY 482,029.16 in the same period last year[54] - The company incurred sales expenses of CNY 27,538,406.88, which is an increase of 47.9% from CNY 18,621,321.49 in the previous year[54] - Tax expenses for the quarter were CNY 4,718,334.96, a decrease of 2.7% from CNY 4,849,519.50 in the same period last year[54] Shareholder Information - The total number of shareholders at the end of the reporting period was 15,752[13] - The company's equity attributable to shareholders increased to CNY 1,066,657,288.44 from CNY 611,744,885.05, a growth of approximately 74.2%[47]