涪陵电力(600452) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥935,224,068.38, a decrease of 8.20% compared to ¥1,018,773,576.20 in the same period last year[2] - Net profit attributable to shareholders for Q3 2024 was ¥224,008,514.07, an increase of 19.31% from ¥187,747,033.28 in the previous year[2] - Basic earnings per share for Q3 2024 was ¥0.15, a decrease of 6.90% from ¥0.17 in the same period last year[3] - The company's operating revenue for the first three quarters of 2024 was CNY 2,408,402,297.08, a decrease of 11.98% compared to CNY 2,736,123,286.65 in the same period of 2023[13] - The net profit for the first three quarters of 2024 was CNY 420,134,081.71, down 5.91% from CNY 446,487,166.18 in the first three quarters of 2023[14] - The basic earnings per share for Q3 2024 was CNY 0.27, down from CNY 0.29 in Q3 2023, indicating a decrease of 6.90%[14] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period reached ¥1,254,600,890.69, a significant increase of 95.62% compared to ¥641,345,045.58 last year[3] - The net cash flow from operating activities for Q3 2024 was CNY 1,254,600,890.69, a significant increase from CNY 641,345,045.58 in Q3 2023, reflecting a growth of approximately 95.6%[16] - Cash inflow from operating activities for the first three quarters of 2024 was CNY 2,873,532,338.27, an increase of 21.43% compared to CNY 2,366,599,730.40 in the same period of 2023[15] - The company's cash received from sales and services was CNY 2,722,522,472.63, up from CNY 2,261,890,275.71 in the first three quarters of 2023, marking a growth of 20.36%[15] - The cash and cash equivalents at the end of Q3 2024 amounted to CNY 3,059,991,211.95, up from CNY 2,047,287,164.68 in Q3 2023, representing an increase of approximately 49.4%[16] - The company reported a significant increase in cash and cash equivalents, with a net increase of CNY 786,284,924.64 compared to a decrease of CNY 165,099,659.40 in Q3 2023[16] Assets and Liabilities - Total assets as of the report date were ¥7,085,035,551.17, reflecting a 6.50% increase from ¥6,652,311,565.67 at the end of the previous year[3] - The total assets increased to CNY 7,085,035,551.17 in Q3 2024, compared to CNY 6,652,311,565.67 in Q3 2023, reflecting a growth of 6.49%[12] - The total liabilities rose to CNY 1,813,587,616.00 in Q3 2024, up from CNY 1,669,419,131.11 in Q3 2023, indicating an increase of 8.63%[12] - The company's long-term liabilities, specifically lease liabilities, increased to CNY 7,600,791.62 in Q3 2024 from CNY 4,152,692.87 in Q3 2023, representing an increase of 83.66%[12] - The company's total current assets amounted to CNY 3.85 billion, an increase from CNY 3.17 billion at the end of 2023, reflecting a growth of 21.4%[10] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 24,235, with no preferred shareholders[8] - The largest shareholder, Chongqing Chuan Dong Power Group Co., Ltd., holds 639,942,063 shares, accounting for 41.65% of total shares[9] Investment and R&D - The company's R&D investment for the period was ¥96,248.14, representing 0.0103% of operating revenue[3] - Research and development expenses for the first three quarters of 2024 were CNY 96,248.14, with no comparable figure provided for 2023[13] Other Financial Metrics - Non-recurring gains and losses for the year-to-date period totaled ¥3,490,197.35, down from ¥8,924,829.57 in the previous year[5] - The weighted average return on equity for the year-to-date period was 8.18%, down 1.15 percentage points from 9.33% last year[3] - The company reported a decrease in investment income by CNY 60.18 million, attributed to a decline in market prices and production volumes of its associate company[7] - Deferred tax liabilities increased by CNY 136.49 million due to the recognition of corresponding deferred tax liabilities for the right-of-use assets[7] Cash Flow from Activities - The total cash outflow from investing activities was CNY 301,296,302.11, compared to CNY 347,759,342.28 in the previous year, indicating a decrease of about 13.4%[16] - The net cash flow from investing activities was -CNY 295,959,232.11, slightly improved from -CNY 344,564,992.28 in Q3 2023[16] - The net cash flow from financing activities was -CNY 172,356,733.94, showing an improvement from -CNY 461,879,712.70 in the same quarter last year[16] - The total cash outflow for operating activities was CNY 1,618,931,447.58, down from CNY 1,725,254,684.82 in the previous year, a decrease of about 6.2%[16] - The company paid CNY 159,141,820.10 in dividends and interest during the quarter, compared to CNY 168,252,213.04 in Q3 2023, reflecting a decrease of approximately 5.3%[16] - The cash inflow from investment activities was CNY 5,337,070.00, an increase from CNY 3,194,350.00 in the previous year, marking a growth of about 67.1%[16] Accounting Changes - The company has adopted new accounting standards starting from 2024, which may impact future financial reporting[16]