Financial Position - As of September 30, 2024, the total assets of China Datang Corporation Renewable Power Co., Limited amounted to RMB 108.48 billion, an increase from RMB 101.60 billion as of December 31, 2023, representing a growth of approximately 6.8%[4] - The company's current assets totaled RMB 24.99 billion, up from RMB 22.51 billion at the end of 2023, indicating an increase of about 11%[4] - The total liabilities of the company reached RMB 71.10 billion, compared to RMB 65.64 billion at the end of 2023, marking an increase of around 8.5%[6] - The company's long-term borrowings slightly decreased to RMB 43.22 billion from RMB 43.70 billion, a reduction of about 1.1%[6] - The total equity of the company is not explicitly stated in the provided documents, but the increase in total assets and liabilities suggests a potential change in equity position[4][6] - As of September 30, 2024, total assets of China Datang Group New Energy Co., Ltd. reached approximately RMB 49.15 billion, an increase from RMB 46.84 billion as of December 31, 2023, representing a growth of about 6.9%[9][10] - The company's total equity increased to approximately RMB 37.37 billion from RMB 35.96 billion, reflecting a growth of about 3.9%[8] - The total liabilities of the company reached approximately RMB 18.06 billion, an increase from RMB 16.64 billion, which is a rise of about 8.5%[10] Revenue and Profitability - The company's operating revenue for the first nine months of 2024 was CNY 9,086,035,630.63, a decrease of 4.1% compared to CNY 9,474,676,662.49 in the same period last year[11] - Operating profit for the same period was CNY 2,461,960,916.06, down 16.2% from CNY 2,939,009,900.60 year-over-year[11] - Net profit attributable to the parent company was CNY 1,870,194,345.78, a decline of 16.9% from CNY 2,254,455,822.80 in the previous year[11] - The total profit for the period was CNY 2,457,029,360.78, down 16.7% from CNY 2,951,066,097.88 year-over-year[11] - The basic earnings per share decreased to CNY 0.2097 from CNY 0.2409, reflecting a decline of 12.5%[11] Cash Flow - The net cash flow from operating activities for the first nine months of 2024 was CNY 5,111,791,236.79, a decrease of 4.8% compared to CNY 5,370,323,502.42 in the same period last year[15] - Cash inflow from operating activities totaled CNY 8,708,966,076.65, down 5.9% from CNY 9,259,671,706.08 year-on-year[15] - Cash outflow from operating activities was CNY 3,597,174,839.86, a decrease of 7.5% compared to CNY 3,889,348,203.66 in the previous year[15] - The net cash flow from investing activities was -CNY 8,768,473,133.19, worsening from -CNY 3,541,453,035.14 in the same period last year[15] - The net cash flow from financing activities was CNY 3,356,949,871.61, a turnaround from -CNY 1,306,826,831.48 in the same period last year[15] Expenses - Research and development expenses significantly decreased to CNY 3,375,044.16 from CNY 13,816,743.67, reflecting a reduction of 75.6%[11] - Financial expenses were CNY 1,228,480,362.14, slightly down from CNY 1,286,987,404.34, indicating a decrease of 4.5%[11] Investments - The company's long-term equity investments increased to approximately RMB 29.95 billion, compared to RMB 28.47 billion, marking a growth of about 5.2%[9] - The company reported an investment income of CNY 36,791,044.21, a substantial increase from CNY 3,221,195.79 in the previous year[11] Other Financial Metrics - The company's other comprehensive income improved, with a reduction in losses from RMB -6.42 million to RMB -6.89 million, indicating a positive trend[8] - The company experienced a net foreign exchange loss of CNY 2,486,309.83, compared to a loss of CNY 12,839,171.26 in the previous year[11] - Other income increased to CNY 270,775,236.24 from CNY 241,144,212.56, marking an increase of 12.3%[11] Borrowings - Short-term borrowings rose significantly to RMB 3.52 billion from RMB 1.15 billion, reflecting an increase of approximately 207%[6] - The company's short-term borrowings decreased significantly to approximately RMB 200.13 million from RMB 400.34 million, a reduction of about 50.0%[10] - The company reported an increase in long-term borrowings to approximately RMB 12.48 billion from RMB 12.34 billion, which is an increase of about 1.2%[10] Assets and Inventory - Accounts receivable increased to RMB 20.40 billion from RMB 17.78 billion, showing a growth of approximately 15.0%[4] - The company reported a total non-current asset value of RMB 83.48 billion, up from RMB 79.09 billion, which is an increase of about 5.0%[4] - The company's inventory increased to RMB 126.17 million from RMB 110.84 million, reflecting a growth of about 13.8%[4] - The cash and cash equivalents decreased to RMB 2.80 billion from RMB 3.12 billion, a decline of approximately 10.2%[4] - The cash and cash equivalents decreased to approximately RMB 178.97 million from RMB 275.88 million, a decline of about 35.0%[9] - The ending cash and cash equivalents balance was CNY 2,735,427,211.38, down from CNY 2,962,957,730.24 at the end of the previous year[15]
大唐新能源(01798) - 2024 Q3 - 季度业绩