碧水源(300070) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was ¥2,091,101,222.16, a decrease of 22.53% compared to ¥2,699,411,643.82 in the same period last year[3] - Net profit attributable to shareholders was ¥377,073,688.96, an increase of 21.08% from ¥311,415,622.89 in the previous year[3] - The net profit after deducting non-recurring gains and losses was ¥115,040,373.46, down 61.76% from ¥300,869,827.88 in the same period last year[3] - The basic earnings per share for Q3 2023 was ¥0.1040, up 21.07% from ¥0.0859 in the same period last year[3] - The weighted average return on equity was 1.40%, an increase of 0.16% compared to 1.24% in the previous year[3] - Total operating revenue for Q3 2023 was CNY 5,389,958,995.64, an increase from CNY 5,323,870,111.31 in Q3 2022, representing a growth of approximately 1.25%[25] - Net profit for Q3 2023 reached CNY 442,921,123.58, significantly higher than CNY 22,433,013.27 in the same period last year, indicating a substantial increase[26] - The total comprehensive income for Q3 2023 was CNY 446,267,262.21, compared to CNY 27,759,553.68 in the same period last year, reflecting a substantial increase[27] Assets and Liabilities - The company's total assets at the end of Q3 2023 were ¥75,707,560,562.73, reflecting a growth of 4.21% from ¥72,649,393,998.40 at the end of the previous year[4] - The total liabilities as of Q3 2023 amounted to CNY 45,730,179,506.45, up from CNY 43,204,337,995.75 in Q3 2022, reflecting a growth of about 5.83%[24] - The company's total equity increased to CNY 29,977,381,056.28 in Q3 2023, compared to CNY 29,445,753,130.71 in Q3 2022, marking an increase of approximately 1.80%[24] - The company's long-term borrowings stood at CNY 16,936,351,157.51 in Q3 2023, slightly up from CNY 16,700,512,948.98 in Q3 2022[24] - The company's total liabilities increased, with accounts payable rising to ¥11.99 billion from ¥11.04 billion, indicating an increase of approximately 8.6%[22] Cash Flow - Cash flow from operating activities showed a net outflow of ¥662,580,586.49, worsening by 23.48% compared to the previous year's outflow of ¥536,579,878.53[3] - The total cash inflow from operating activities for Q3 2023 was ¥4,857,005,091.05, a decrease of approximately 17.2% from ¥5,865,489,277.72 in Q3 2022[29] - The net cash outflow from operating activities was ¥662,580,586.49, compared to a net outflow of ¥536,579,878.53 in the same period last year[29] - The total cash inflow from investing activities was ¥27,807,997.84, significantly lower than ¥1,814,273,913.82 in Q3 2022[29] - The net cash outflow from investing activities was ¥1,249,534,892.02, contrasting with a net inflow of ¥572,992,521.44 in the previous year[29] - Cash inflow from financing activities totaled ¥13,888,996,532.07, an increase of approximately 37.3% from ¥10,123,956,581.71 in Q3 2022[30] - The net cash flow from financing activities was ¥332,387,986.02, down from ¥857,497,657.76 in the same quarter last year[30] Investments and Expenses - R&D expenses for the current year totaled ¥208,931,879.43, an increase of 46.86% compared to ¥142,265,127.69 in the same period last year[8] - Financial expenses decreased by 50.65% to ¥230,206,311.06 from ¥466,451,006.42 year-over-year, primarily due to a reduction in interest expenses[8] - Other income increased by 71.54% to ¥35,457,060.88, mainly from government subsidies received during the reporting period[8] - Investment income surged to ¥218,642,797.87 from a loss of ¥3,198,993.83, reflecting a 6934.74% increase due to the conversion of equity in an associate from long-term investment to financial instruments[8] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 84,954, with the largest shareholder, China Urban Holdings Group, holding 33.04%[10] - The company announced the resignation of its chairman, Wen Jianping, on July 18, 2023, and appointed Huang Jianglong as the new chairman[13] - A significant shareholder, Wen Jianping, and a senior executive, Liu Zhenguo, had their shares (40,868,884 each) auctioned due to a legal dispute[15] Other Information - As of September 30, 2023, the company's cash and cash equivalents decreased to ¥3.77 billion from ¥5.61 billion at the beginning of the year, representing a decline of approximately 32.7%[21] - The company reported a decrease in long-term receivables to ¥1.18 billion from ¥1.27 billion, a decline of about 6.8%[22] - The company’s long-term equity investments decreased to ¥5.87 billion from ¥6.01 billion, reflecting a decline of approximately 2.3%[22] - The company’s short-term borrowings increased to ¥6.18 billion from ¥5.45 billion, an increase of about 13.4%[22] - The report for Q3 2023 was not audited, indicating that the figures may be subject to change upon final review[32]