先河环保(300137) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 234,126,956.65, down 18.19% year-on-year, and CNY 713,094,648.37 for the year-to-date, a decrease of 25.44%[7] - Net profit attributable to shareholders was CNY 45,772,241.29, a decline of 43.02% compared to the same period last year, and CNY 114,862,880.96 year-to-date, down 34.87%[7] - Basic earnings per share for the reporting period were CNY 0.08, a decrease of 46.67% year-on-year[7] - The company's net profit for the first three quarters of 2020 was CNY 118,078,420.35, a decrease of 32.59% compared to CNY 175,155,719.55 in the same period of 2019[18] - The company's operating profit for Q3 2020 was CNY 48.55 million, a decrease of 43.2% compared to CNY 85.44 million in the same period last year[40] - Net profit for Q3 2020 was CNY 48.32 million, a decline of 38.3% compared to CNY 78.18 million in Q3 2019[40] - The net profit attributable to the parent company was CNY 114.86 million, down 34.8% from CNY 176.37 million year-on-year[49] - The total profit for the third quarter was CNY 135.57 million, a decrease of 34.0% from CNY 205.28 million in the same quarter of the previous year[49] Cash Flow - The net cash flow from operating activities was CNY 26,751,705.92, down 42.65% compared to the same period last year[7] - The company's cash flow from operating activities showed a net outflow of CNY 75,528,643.09, a decline of 248.23% compared to a net inflow of CNY 50,954,704.36 in the previous year[18] - The net cash flow from operating activities was -75,528,643.09 CNY, a decrease from 50,954,704.36 CNY in the previous period[56] - Total cash inflow from operating activities was 834,156,964.85 CNY, down from 1,001,495,579.58 CNY year-over-year[56] - Cash outflow from operating activities totaled 909,685,607.94 CNY, compared to 950,540,875.22 CNY in the previous period[56] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,387,406,140.42, a decrease of 5.72% compared to the end of the previous year[7] - The company's total assets decreased to CNY 2,387,406,140.42 from CNY 2,532,378,571.10 at the end of 2019, reflecting a decline of 5.73%[30] - The total liabilities decreased to CNY 240,251,165.58 from CNY 265,028,204.80[36] - Total liabilities were CNY 432,394,907.51, with current liabilities at CNY 424,042,852.18 and non-current liabilities at CNY 8,352,055.33[64] - The total liabilities to assets ratio is approximately 17.1%, indicating a relatively low leverage position[64] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 45,448[11] - The largest shareholder, Li Yuguo, held 14.86% of the shares, with 61,423,807 shares pledged[11] - The company did not conduct any repurchase transactions among the top 10 shareholders during the reporting period[12] - The company distributed a cash dividend of CNY 1.00 per 10 shares, totaling CNY 54,537,401.00, which was implemented on June 5, 2020[21] Inventory and Receivables - Accounts receivable increased to CNY 702,832,532.84, up 12.52% from CNY 624,662,873.37 at the end of 2019[30] - The company's inventory increased to CNY 420,420,897.72, up 5.77% from CNY 399,314,981.07 at the end of 2019[30] - Inventory stood at CNY 399,314,981.07, indicating a significant asset base for operational activities[63] Financial Expenses and Income - The company's financial expenses increased significantly by 531.58% to CNY -8,410,621.65 due to increased interest income from bank deposits[18] - The company reported a financial income of CNY 1,869,580.59, down from CNY 2,344,940.97 in the previous period[39] - The company's financial expenses showed a significant improvement, with a net financial expense of CNY -8.41 million compared to CNY -1.33 million in the previous year[48] Research and Development - Research and development expenses for Q3 2020 were CNY 10.34 million, a decrease of 16.1% from CNY 12.33 million in the same period last year[43] - Research and development expenses increased to CNY 31.05 million, up 12.6% from CNY 27.50 million year-on-year, indicating a focus on innovation[51] Future Plans - The company plans to continue its stock repurchase program within the approved budget of CNY 50 million to CNY 70 million[20] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[51]