cqrb(SH:600106)2020-10-29 16:00Financial Performance - Net profit attributable to shareholders of the listed company was CNY 201,230,468.90, down 12.68% year-on-year[18]. - Operating income for the period was CNY 158,899,835.33, representing a decrease of 10.70% compared to the same period last year[18]. - Basic earnings per share were CNY 0.15, a decrease of 11.76% compared to the same period last year[20]. - The net profit after deducting non-recurring gains and losses was CNY 192,082,754.69, an increase of 12.06% year-on-year[18]. - Operating revenue decreased by 10.70% to CNY 15,889.98 million, primarily due to the government's repurchase of the Changshou Lake Tourism Expressway, resulting in reduced operating income[35]. - Net profit for the first three quarters of 2020 was CNY 158,899,835.33, down 10.7% from CNY 177,946,397.95 in the same period of 2019[60]. - Net profit for Q3 2020 was CNY 77,512,404.38, an increase from CNY 55,270,160.37 in Q3 2019, representing a growth of 40.3%[66]. - The company reported a total profit of CNY 80,401,955.50 for Q3 2020, compared to CNY 59,930,333.11 in Q3 2019, an increase of 34.3%[66]. Cash Flow - Net cash flow from operating activities increased significantly to CNY 638,317,920.22, up 118.35% year-on-year[18]. - Cash flow from operating activities for the first three quarters of 2020 was approximately ¥695.93 million, up from ¥371.73 million in the same period of 2019, indicating a growth of 87%[76]. - The net cash flow from financing activities improved significantly, reaching CNY 21,273.73 million, compared to a negative CNY 40,825.47 million in the previous period, due to a decrease in restricted funds[38]. - The net cash flow from financing activities was approximately ¥212.74 million, a turnaround from a net outflow of approximately ¥408.25 million in the same period last year[78]. - Net cash flow from operating activities was CNY 638,327,929.37, up from CNY 292,319,740.50, marking a growth of 118% year-over-year[83]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,222,352,850.05, a decrease of 3.67% compared to the end of the previous year[18]. - Total liabilities decreased by 55.81% to ¥10,979.84 million from ¥24,844.80 million due to reclassification of long-term borrowings[34]. - The company's total liabilities decreased to CNY 2,449,158,082.82 from CNY 2,710,262,165.45 year-over-year[47]. - Total current assets increased to CNY 1,795,422,154.58 from CNY 1,433,655,384.42, marking an increase of about 25.25%[55]. - Long-term receivables decreased to CNY 1,434,189,803.21 from CNY 1,947,871,349.90, a decline of approximately 26.4%[55]. Investment and Financial Expenses - Investment income fell by 23.30% to CNY 12,928.97 million, mainly due to the impact of the COVID-19 pandemic on the operating income of invested enterprises[35]. - Financial expenses decreased significantly by 40.39% to CNY 5,128.23 million, attributed to a reduction in interest-bearing debt and lower financing costs[35]. - Financial expenses for Q3 2020 were CNY 19,639,069.81, down 27.7% from CNY 27,184,150.36 in Q3 2019[60]. - Investment income for Q3 2020 was CNY 64,153,365.64, an increase of 29.1% compared to CNY 49,661,496.50 in Q3 2019[60]. Government Subsidies and Non-Recurring Items - The company received government subsidies amounting to CNY 175,829.83, closely related to its normal business operations[21]. - The company reported a total of CNY 8,899,243.61 in non-recurring gains and losses for the period[23]. - Other operating income and expenses amounted to CNY 2,103,244.34, with a net impact of CNY -1,611,337.40 from other non-recurring gains and losses[23].