节能环境(300140) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 381,808,728.20, a decline of 32.24% year-on-year[3] - Net profit attributable to shareholders of the listed company was a loss of CNY 198,363,844.18, representing a decrease of 2,314.14% compared to the same period last year[3] - The net cash flow from operating activities was a negative CNY 117,026,927.81, a decrease of 20.19% year-on-year[3] - Basic earnings per share were -CNY 0.4643, a decline of 2,310.95% compared to the same period last year[3] - The net loss for Q3 2020 was CNY 202,454,720.03, compared to a net profit of CNY 15,217,839.93 in Q3 2019, indicating a significant decline in profitability[26] - The company's total operating revenue for the current period is CNY 1,229,025,921.63, a decrease of 24.8% compared to CNY 1,634,581,968.66 in the previous period[31] - The net profit for the current period is a loss of CNY 232,143,033.35, compared to a profit of CNY 80,738,669.52 in the previous period, indicating a significant decline[32] - The total comprehensive income for the current period is a loss of CNY 104,943,503.49, compared to a loss of CNY 32,484,770.20 in the previous period[30] Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,996,853,611.66, a decrease of 7.00% compared to the end of the previous year[3] - Current assets totaled CNY 4,461,754,630.09, down from CNY 4,962,175,928.27, indicating a decrease of about 10.08% year-over-year[18] - Total liabilities decreased to CNY 3,822,629,057.21 from CNY 4,044,511,777.82, a reduction of about 5.48%[19] - The company's equity attributable to shareholders decreased to CNY 1,977,329,782.99 from CNY 2,204,592,293.34, a decline of about 10.27%[20] - Long-term borrowings increased to CNY 561,008,200.00 from CNY 323,008,200.00, showing an increase of approximately 74.00%[19] Cash Flow - The cash flow from financing activities decreased by 94.49% to CNY 67,127,196.95, primarily due to the use of loans for the project[13] - The company's cash and cash equivalents decreased by 59.09% to CNY 343,563,163.89 due to operational expenditures[12] - The cash inflow from investment activities includes ¥433,889,788.77 from the disposal of subsidiaries and other business units[39] - The net cash flow from operating activities shows a net outflow of CNY -498,781,885.60, compared to CNY -413,556,709.87 in the same period last year[37] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 26,218[6] - The largest shareholder, China Energy Conservation and Environmental Protection Group Co., Ltd., held 22.97% of the shares[6] Expenses - Financial expenses increased by 45.21% to CNY 87,963,899.57, mainly due to increased loans from financial institutions[12] - Research and development expenses for the current period are CNY 62,914,084.10, an increase from CNY 54,402,634.91 in the previous period, showing a growth of 15.5%[31] - The company reported a significant increase in financial expenses, totaling CNY 35,138,598.56, compared to CNY 22,579,610.30 in the previous year, an increase of 55.5%[25] Other Financial Metrics - The weighted average return on net assets was -9.55%, compared to -9.94% in the previous year[3] - The company reported a significant drop in undistributed profits, which fell to CNY 161,273,243.43 from CNY 387,771,441.28, a decrease of approximately 58.49%[20] - The company incurred a credit impairment loss of CNY 96,070,392.40, compared to CNY 8,923,665.58 in the previous period, indicating a significant increase in credit risk[32]