CECWPC(601016)2024-10-30 09:31Financial Performance - The company's operating revenue for Q3 2024 was ¥1,167,502,172.19, representing a 1.06% increase compared to ¥1,155,286,912.58 in the same period last year[3]. - The net profit attributable to shareholders for Q3 2024 was ¥306,564,617.14, a slight increase of 0.06% from ¥306,546,672.69 in the previous year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥296,977,657.44, showing a decrease of 0.84% compared to ¥296,785,243.75 in the same period last year[3]. - Total operating revenue for the first three quarters of 2024 was CNY 3,810,530,099.06, a slight decrease of 0.4% compared to CNY 3,825,510,057.02 in the same period of 2023[14]. - The total profit for Q3 2024 is approximately CNY 1.42 billion, a slight decrease from CNY 1.44 billion in Q3 2023, representing a decline of about 4.4%[18]. - The net profit for Q3 2024 is approximately CNY 1.22 billion, compared to CNY 1.26 billion in Q3 2023, indicating a decrease of around 3.2%[18]. - The company reported a net profit margin of approximately 36.3% based on operating profit and total revenue figures[16]. Cash Flow and Assets - The net cash flow from operating activities for the year-to-date period was ¥2,551,618,665.03, reflecting a 6.09% increase from ¥2,408,225,512.68 in the previous year[3]. - The cash flow from operating activities for the first nine months of 2024 is approximately CNY 2.55 billion, an increase from CNY 2.41 billion in the same period of 2023, reflecting a growth of about 6.1%[21]. - The cash inflow from investment activities in Q3 2024 is approximately CNY 23.65 million, significantly lower than CNY 4.20 billion in Q3 2023, showing a decrease of approximately 99.4%[23]. - The cash flow from financing activities in Q3 2024 is approximately CNY 97.99 million, a recovery from a negative cash flow of CNY 3.66 billion in Q3 2023[23]. - The total current assets as of September 30, 2024, amounted to RMB 10,469,700,807.72, an increase from RMB 9,409,942,110.05 at the end of 2023, reflecting a growth of approximately 11.23%[11]. - Cash and cash equivalents increased to RMB 2,509,182,060.52 from RMB 2,191,960,564.73, representing a growth of about 14.43%[11]. - The cash and cash equivalents at the end of Q3 2024 amount to approximately CNY 2.48 billion, an increase from CNY 1.59 billion at the end of Q3 2023, indicating a growth of about 55.8%[23]. Shareholder Information - The company reported a total of 216,980 common shareholders at the end of the reporting period[6]. - The top ten shareholders hold a total of 21,258,095 shares in the China Agricultural Bank - CSI 500 ETF, representing 0.33% of the total shares[8]. - The company has returned all borrowed shares in the margin trading business by the end of the third quarter, indicating a stable shareholder structure[8]. Assets and Liabilities - The total assets at the end of the reporting period were ¥43,896,658,124.88, which is a 3.91% increase from ¥42,086,510,528.17 at the end of the previous year[4]. - Non-current assets totaled CNY 33,426,957,317.16, an increase of 1.8% from CNY 32,833,050,191.25[12]. - Long-term borrowings rose to CNY 15,382,631,738.50, an increase of 6.2% from CNY 14,491,362,312.02[13]. - Total liabilities amounted to CNY 25,649,761,621.53, up 4.7% from CNY 24,509,756,933.74[13]. Operational Capacity and Development - As of September 30, 2024, the company's cumulative installed capacity reached 6.06576 million kW, with an operational capacity of 5.93636 million kW, adding 0.23166 million kW during the reporting period[9]. - The company has newly registered and obtained construction project capacity of 1.5195 million kW in 2024, accounting for approximately 28.38% of the operational capacity at the end of the previous year[10]. - The operational capacity of the company increased by 23,166 kW during the reporting period, reflecting ongoing growth in its operational capabilities[9]. - The company has maintained a strong focus on expanding its wind power resource reserves, which is a key part of its strategic development[10]. Expenses and Costs - Total operating costs increased to CNY 2,515,703,141.62, up 1.1% from CNY 2,488,154,626.88 year-on-year[16]. - Research and development expenses decreased to CNY 18,755,191.64 from CNY 23,153,535.91, a reduction of 19.5%[16]. - The tax expense of approximately CNY 199.44 million in Q3 2024, up from CNY 180.18 million in Q3 2023, representing an increase of about 10.7%[18]. Earnings Per Share - The basic earnings per share for Q3 2024 remained at ¥0.047, unchanged from the same period last year[3]. - The diluted earnings per share for Q3 2024 was ¥0.046, also unchanged from the previous year[3]. - The basic earnings per share for Q3 2024 is CNY 0.182, a decrease from CNY 0.185 in Q3 2023, reflecting a decline of about 1.6%[20]. - The weighted average return on equity for the year-to-date period decreased to 6.81%, down 0.48 percentage points from 7.36% in the previous year[3].