中金环境(300145) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was approximately ¥1.16 billion, an increase of 17.21% year-on-year[7] - Net profit attributable to shareholders was approximately ¥71.76 million, a decrease of 22.88% compared to the same period last year[7] - Net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥65.42 million, down 28.09% year-on-year[7] - Basic earnings per share were ¥0.0364, a decrease of 24.64% year-on-year[7] - The company reported a 35.87% decrease in other income to ¥21,294,427.92, primarily due to reduced tax refunds compared to the previous year[15] - The total operating revenue for the third quarter was CNY 1,160,410,029.07, an increase from CNY 990,044,777.43 in the previous period[37] - The net profit for the third quarter was CNY 80,149,354.45, down 15.5% from CNY 94,789,341.64 in the same period last year[39] - The total operating profit for the third quarter was CNY 98,352,306.81, a decrease of 18.7% from CNY 120,962,983.71 in the previous year[39] - The company reported a decrease in comprehensive income to CNY 82,388,952.07 from CNY 93,495,373.39 in the previous year[40] - Basic and diluted earnings per share for the third quarter were both CNY 0.0364, down from CNY 0.0483 in the same period last year[40] Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥10.27 billion, a decrease of 0.58% compared to the end of the previous year[7] - Total liabilities were CNY 5,221,275,961.68, down from CNY 5,385,445,045.26[30] - Owner's equity increased to CNY 5,048,902,123.11 from CNY 4,944,238,918.08[31] - Current liabilities totaled CNY 3,310,149,583.66, a decrease from CNY 3,557,571,374.35[30] - Non-current liabilities increased to CNY 1,911,126,378.02 from CNY 1,827,873,670.91[30] - Total assets amounted to CNY 10,329,683,963.34, with current assets at CNY 3,752,429,969.76 and non-current assets at CNY 6,577,253,993.58[61] - Total liabilities reached CNY 5,385,445,045.26, with current liabilities at CNY 3,557,571,374.35 and non-current liabilities at CNY 1,827,873,670.91[63] - The company's equity totaled CNY 4,944,238,918.08, with total equity attributable to shareholders at CNY 4,825,374,098.43[63] Cash Flow - The net cash flow from operating activities was approximately ¥364.73 million, an increase of 16.50% compared to the same period last year[7] - Cash flow from investing activities improved by 33.15% to -¥455,308,858.05, mainly due to reduced payments for long-term asset construction[16] - Operating cash inflow for Q3 2020 was CNY 2,962,674,067.37, an increase from CNY 2,839,122,667.94 in Q3 2019, reflecting a growth of approximately 4.4%[54] - Net cash flow from operating activities decreased to CNY 375,711,860.34 in Q3 2020 from CNY 466,428,197.62 in Q3 2019, representing a decline of about 19.4%[54] - Cash outflow from investment activities was CNY 470,672,892.46 in Q3 2020, down from CNY 701,211,542.60 in Q3 2019, indicating a reduction of approximately 32.8%[55] - The total cash and cash equivalents at the end of Q3 2020 stood at CNY 752,591,250.83, down from CNY 1,305,336,284.74 at the end of Q3 2019, a decrease of about 42.3%[55] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 48,254[11] - The largest shareholder, Wuxi Municipal Public Utilities Group Co., Ltd., held 21.51% of the shares, totaling 413,639,291 shares[11] Operational Changes - The company received government subsidies amounting to approximately ¥18.40 million during the reporting period[8] - The company faces potential goodwill impairment risks due to the acquisition of Zhejiang Jintailai Environmental Technology Co., Ltd. and Beijing Zhongzi Huayu Environmental Technology Co., Ltd.[17] - The company’s vice chairman and general manager is under investigation for insider trading, but this does not affect the company's operations[18] - The company has implemented new revenue and leasing standards effective from January 1, 2020, impacting financial reporting[69] - The third-quarter report was not audited, indicating preliminary financial data[70] Changes in Receivables and Inventories - Accounts receivable decreased by 100% to 0 due to the use of acceptance bills for settlement[15] - Prepayments increased by 85.82% to ¥94,596,083.16, mainly due to an increase in advance payments for raw material purchases[15] - Long-term receivables decreased by 52.11% to ¥72,511,256.29, primarily due to the recovery of funds[15] - Inventory increased to CNY 39,720,684.86 from CNY 15,927,446.88[32]