清水源(300437) - 2019 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 29.30% to CNY 31,566,441.76 for the reporting period[7] - Operating revenue for the period was CNY 369,577,027.32, reflecting a growth of 9.58% year-on-year[7] - Basic earnings per share fell by 29.29% to CNY 0.1446[7] - The weighted average return on equity decreased by 1.43% to 1.99% for the reporting period[7] - The net profit after deducting non-recurring gains and losses decreased by 30.32% to CNY 29,752,036.57[7] - Net profit for the current period was ¥41,601,513.33, a decrease of 23.3% from ¥54,250,581.88 in the previous period[37] - The total comprehensive income for the current period was ¥41,620,915.45, down from ¥54,267,709.50 in the previous period, a decline of 23.3%[38] - Net profit for the period was ¥137,302,980.96, a decrease of 24.1% from ¥180,995,245.08 in the previous year[44] - The net profit attributable to the parent company was ¥103,626,463.54, down 32.6% from ¥153,853,894.22 in the same period last year[45] - Basic and diluted earnings per share were both ¥0.4746, compared to ¥0.7047 in the previous year, reflecting a decline of 32.6%[45] Assets and Liabilities - Total assets increased by 19.66% to CNY 4,680,520,074.41 compared to the end of the previous year[7] - Total liabilities reached CNY 2,780,538,595.65, up from CNY 2,241,022,875.08, which is an increase of approximately 24%[28] - Owner's equity totaled CNY 1,899,981,478.76, compared to CNY 1,670,472,490.36, reflecting a growth of about 13.7%[29] - Current liabilities rose to CNY 2,012,871,604.95, compared to CNY 1,923,612,478.33, indicating an increase of approximately 4.6%[28] - Long-term borrowings increased by 32.75% to ¥386,840,580.70, reflecting additional loans taken during the period[17] - Total current assets amounted to CNY 610,208,571.02, up from CNY 258,146,231.53, indicating a growth of approximately 135.5%[32] Cash Flow - The net cash flow from operating activities decreased by 68.96% to CNY -90,933,812.65 year-to-date[7] - Cash received from operating activities increased by 126.09% to ¥339,803,192.49, mainly from the return of operating bid guarantee deposits[18] - The company reported a total cash and cash equivalents balance of 515,831,672.20 CNY at the end of the period, up from 174,556,251.32 CNY in the previous year[53] - Cash inflow from operating activities totaled 1,146,930,592.78 CNY, compared to 1,035,664,037.46 CNY in the same period last year, showing a year-over-year increase[52] - The company experienced a net increase in cash and cash equivalents of 351,841,510.00 CNY, compared to 7,917,104.00 CNY in the previous period, indicating improved liquidity[53] Shareholder Information - The total number of shareholders at the end of the reporting period was 15,752[11] - The largest shareholder, Wang Zhiqing, holds 43.64% of the shares[11] Expenses - Financial expenses increased significantly to ¥21,124,802.86, compared to ¥11,071,573.62 in the previous period, marking an increase of 90.9%[36] - Research and development expenses decreased to ¥3,798,895.55 from ¥4,694,850.12, a reduction of 19.1%[36] - Financial expenses increased significantly to ¥55,267,708.19, up 55.8% from ¥35,462,426.79 in the same period last year[42] - The company paid 72,181,795.35 CNY to employees, which is an increase from 53,111,404.43 CNY in the previous period, indicating higher labor costs[52] Investment Activities - The net cash flow from investing activities was -307,645,294.74 CNY, worsening from -230,328,018.82 CNY year-over-year, suggesting higher investment expenditures[53] Company Strategy - The company plans to focus on market expansion and new product development to drive future growth[39]