baonengyuan(000690)2024-10-28 10:47Revenue and Profit Performance - Revenue for the third quarter was 2,392,408,909.54 yuan, a decrease of 11.48% year-over-year[1] - Net profit attributable to shareholders was 226,245,763.12 yuan, down 31.70% compared to the same period last year[1] - Total operating income for the first nine months of 2024 was 6,105,715,132.78 yuan, a decrease of 20.71% compared to the same period last year[15] - Net profit for the first nine months of 2024 was 592,233,326.91 yuan, down 8.19% year-over-year[16] - Basic earnings per share (EPS) for the first nine months of 2024 was 0.27 yuan, compared to 0.2965 yuan in the same period last year[17] Asset and Liability Changes - Total assets increased by 3.56% to 21,548,553,850.93 yuan compared to the end of the previous year[1] - Total liabilities increased to 9,470,917,254.41 yuan, up 9.12% from the previous period[14] - The company's total equity attributable to shareholders decreased slightly by 0.41% to 12,077,636,596.52 yuan compared to the end of the previous year[1] - Guangdong Baolihua New Energy Co., Ltd.'s total assets as of September 30, 2024, amounted to RMB 21,548,553,850.93, with current assets totaling RMB 6,585,542,155.36 and non-current assets at RMB 14,963,011,695.57[11][12][13] - The company's monetary funds decreased to RMB 3,598,674,052.66 as of September 30, 2024, from RMB 4,728,136,712.57 at the beginning of the period[11] - Guangdong Baolihua New Energy Co., Ltd.'s trade receivables stood at RMB 1,022,602,429.69 as of September 30, 2024, down from RMB 1,340,551,611.31 at the beginning of the period[11] - The company's inventory increased to RMB 307,353,988.52 as of September 30, 2024, compared to RMB 298,411,429.67 at the beginning of the period[12] - Guangdong Baolihua New Energy Co., Ltd.'s fixed assets decreased to RMB 6,820,241,784.78 as of September 30, 2024, from RMB 7,286,160,358.82 at the beginning of the period[12] - The company's construction in progress increased significantly to RMB 3,760,021,484.04 as of September 30, 2024, from RMB 1,734,148,521.54 at the beginning of the period[12] - Guangdong Baolihua New Energy Co., Ltd.'s total liabilities as of September 30, 2024, included short-term borrowings of RMB 1,216,020,686.47 and accounts payable of RMB 662,519,124.87[13] - The company's other payables increased to RMB 1,075,325,841.75 as of September 30, 2024, from RMB 517,171,986.62 at the beginning of the period[13] - Guangdong Baolihua New Energy Co., Ltd.'s long-term equity investments increased to RMB 2,544,747,652.79 as of September 30, 2024, from RMB 2,472,951,807.08 at the beginning of the period[12] - The company's other non-current financial assets decreased to RMB 484,453,318.18 as of September 30, 2024, from RMB 534,870,807.18 at the beginning of the period[12] Cash Flow and Financial Activities - The company's financial expenses decreased by 53.98% to 34,078,266.93 yuan due to lower loan balances and interest rates[4] - Investment cash outflows increased significantly to 2,118,000,000.00 yuan, primarily due to increased purchases of structured deposits[6] - Cash received from investment activities surged by 3304.17% to 1,470,033,610.74 yuan, mainly due to the recovery of structured deposits[6] - Cash received from sales of goods and services was 7,291,690,026.47 yuan, a decrease of 19.47% year-over-year[18] - Net cash flow from operating activities was RMB 1,552,166,115.42, a decrease of 11% compared to RMB 1,744,006,721.51 in the previous period[19] - Total cash inflow from operating activities was RMB 7,508,533,097.47, down 18.8% from RMB 9,252,648,133.48 in the prior period[19] - Cash outflow from operating activities was RMB 5,956,366,982.05, a decrease of 20.7% compared to RMB 7,508,641,411.97[19] - Net cash flow from investing activities was negative RMB 2,667,132,476.86, a significant increase in outflow compared to negative RMB 1,387,196,894.28[20] - Cash inflow from investing activities was RMB 3,377,567,957.07, a substantial increase from RMB 64,941,003.15 in the previous period[19] - Cash outflow from investing activities was RMB 6,044,700,433.93, a 316% increase compared to RMB 1,452,137,897.43[19] - Net cash flow from financing activities was negative RMB 78,630,249.05, an improvement from negative RMB 291,489,528.03[20] - Total cash inflow from financing activities was RMB 3,793,417,958.73, up 25.3% from RMB 3,028,557,413.22[20] - Cash outflow from financing activities was RMB 3,872,048,207.78, an increase of 16.6% compared to RMB 3,320,046,941.25[20] - The ending balance of cash and cash equivalents was RMB 3,507,463,650.22, a decrease of 41.3% from RMB 5,971,034,971.41[20] Construction and Expansion Projects - The company's construction in progress increased by 116.82% to 3,760,021,484.04 yuan, mainly due to the expansion of the Lufeng Jiahuwan Power Plant[3] - Other payables increased by 107.92% to 1,075,325,841.75 yuan, driven by increased payments for the Lufeng Jiahuwan Power Plant expansion[3] Credit and Impairment - The company's credit impairment losses increased by 267.59% to -6,754,097.21 yuan[5]