上海电力(600021) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 reached ¥12,444,651,231.26, an increase of 11.13% compared to ¥11,200,896,591.68 in the same period last year[1] - Net profit attributable to shareholders was ¥1,131,503,599.91, representing a significant increase of 67.57% from ¥681,485,724.09 year-on-year[1] - The net profit after deducting non-recurring gains and losses was ¥1,040,202,500.25, up 49.53% from ¥701,893,848.31 in the previous year[1] - Basic earnings per share for Q3 2024 were ¥0.3744, a 66.10% increase from ¥0.2262 in the same quarter last year[2] - The diluted earnings per share also stood at ¥0.3744, reflecting the same growth rate of 66.10% year-on-year[2] - The weighted average return on equity increased to 5.4239%, up by 1.94 percentage points from 3.5281% in the previous year[2] - Total operating revenue for the first three quarters of 2024 reached CNY 32,565,921,071.98, an increase of 3.42% compared to CNY 31,491,929,002.59 in the same period of 2023[17] - Net profit attributable to shareholders of the parent company for the first three quarters of 2024 was CNY 2,458,603,444.02, up 66.67% from CNY 1,476,051,377.96 in the previous year[18] - The company reported an operating profit of CNY 5,287,752,702.32, significantly higher than CNY 3,876,808,398.85 in the same period last year, indicating a growth of 36.36%[18] - The total comprehensive income for the first three quarters of 2024 reached CNY 4,345,549,143.77, compared to CNY 3,141,009,490.64 in 2023, indicating an increase of about 38.3%[19] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥7,508,897,251.35, an increase of 82.85% compared to ¥4,111,601,395.12 last year[2] - The cash flow from operating activities totaled ¥3,107,680,013.99, compared to ¥6,451,226,781.66 in the first three quarters of 2023[28] - The cash flow from operating activities for the first three quarters of 2024 was CNY 7,508,897,251.35, significantly higher than CNY 4,106,655,702.52 in the same period of 2023, marking an increase of approximately 83.5%[20] - The net cash flow from financing activities for the first three quarters of 2024 was CNY 1,069,970,205.73, down from CNY 4,617,042,964.23 in the same period of 2023, showing a decrease of approximately 76.8%[21] - The net cash flow from investment activities was ¥-345,554,170.63, an improvement from ¥-472,136,855.78 in the first three quarters of 2023[29] Assets and Liabilities - Total assets at the end of the reporting period were ¥178,838,304,378.82, marking a 6.09% increase from ¥168,572,335,291.72 year-on-year[2] - Total assets increased to CNY 178,838,304,378.82, compared to CNY 168,572,335,291.72 at the end of the previous year, reflecting a growth of 6.73%[16] - Total liabilities rose to CNY 125,248,080,121.31, up from CNY 118,012,279,962.64, marking an increase of 6.43%[16] - The total liabilities to equity ratio improved to 2.34 from 2.33, indicating a stable financial structure[16] - Total liabilities rose to CNY 34,909,556,305.95, an increase of 4.6% from CNY 33,364,963,873.93[25] Shareholder Information - The total number of common shareholders at the end of the reporting period is 135,831, with no preferred shareholders having restored voting rights[7] - The largest shareholder, State Power Investment Corporation, holds 1,251,588,074 shares, representing 44.43% of total shares[7] - The top ten shareholders collectively hold a significant portion of the company's shares, with the top two shareholders alone accounting for 57.33%[7] - The company has no preferred shareholders with restored voting rights, indicating a stable ownership structure[7] Research and Development - Research and development expenses for the first three quarters of 2024 were CNY 101,070,831.28, a slight decrease from CNY 109,156,582.96 in the same period of 2023[18] - Research and development expenses for the third quarter were not explicitly stated but management expenses increased to CNY 344,460,880.74 from CNY 278,766,685.05, indicating a focus on operational efficiency[26] Investment Activities - The company reported investment income of CNY 1,907,763,019.94, an increase from CNY 1,693,990,950.52, reflecting improved performance in investment activities[26] - The company’s cash inflow from investment activities was CNY 743,182,119.34, compared to CNY 535,453,907.18 in the previous year, representing an increase of approximately 38.8%[21] Operational Efficiency - The company reported a significant increase in electricity generation and a decrease in coal power costs, contributing to the rise in profit margins[6] - The company’s cash flow management appears stable, with a focus on maintaining liquidity amid operational changes[27]