西昌电力(600505) - 2024 Q3 - 季度财报

Financial Performance - Operating revenue for Q3 2024 was CNY 374,125,604.59, an increase of 3.01% year-on-year[2] - Net profit attributable to shareholders was CNY 30,473,265.02, a decrease of 16.55% compared to the same period last year[2] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 32,588,518.41, down 15.46% year-on-year[2] - Basic earnings per share for the period was CNY 0.0836, a decrease of 16.48% year-on-year[3] - Total operating revenue for the first three quarters of 2024 reached CNY 1,052,025,338.35, compared to CNY 1,032,740,412.05 in the same period of 2023, indicating a growth of approximately 1.3%[13] - The total operating revenue for Q3 2024 was CNY 1,052,025,338.35, compared to CNY 1,032,740,412.05 in Q3 2023, reflecting a slight increase[15] - The net profit for Q3 2024 was CNY -7,361,199.00, an improvement from a net loss of CNY -48,962,603.46 in Q3 2023[16] - The profit attributable to shareholders of the parent company was CNY 4,950,432.45, compared to a loss of CNY -32,540,904.49 in the same period last year[16] - Net profit for the first three quarters of 2024 was ¥59,357,665.55, representing a significant increase of 403.0% compared to ¥11,799,115.12 in 2023[23] - Basic earnings per share rose to ¥0.1630, up from ¥0.0547 in the same period last year[24] Assets and Liabilities - Total assets at the end of the period were CNY 4,339,529,011.22, a decrease of 1.18% from the end of the previous year[3] - As of September 30, 2024, total current assets amounted to CNY 622,659,443.17, an increase from CNY 511,931,097.58 at the end of 2023, reflecting a growth of about 21.7%[10] - Total non-current assets decreased to CNY 3,716,869,568.05 from CNY 3,879,627,018.02, a decline of approximately 4.2%[11] - Total liabilities as of September 30, 2024, were CNY 2,971,598,028.67, down from CNY 3,010,510,375.09, indicating a decrease of about 1.3%[12] - The company's total equity amounted to CNY 1,367,930,982.55, slightly down from CNY 1,381,047,740.51, reflecting a decrease of approximately 0.9%[12] - Short-term borrowings increased significantly to CNY 65,043,333.30 from CNY 35,020,083.34, representing an increase of about 85.6%[11] - The total current assets increased to 512,062,841.60 RMB from 351,678,742.61 RMB, representing a growth of approximately 45.6%[20] - The total liabilities increased to 1,232,247,190.68 RMB from 1,182,464,581.36 RMB, reflecting a rise of approximately 4.2%[21] - The company's equity increased to 1,448,645,595.56 RMB from 1,392,264,853.03 RMB, showing a growth of about 4.1%[21] Cash Flow - The company's net cash flow from operating activities for the year-to-date was CNY 205,839,882.87, an increase of 2.49% year-on-year[2] - The cash flow from operating activities for the first three quarters of 2024 was CNY 205,839,882.87, slightly up from CNY 200,841,554.55 in the previous year[17] - The cash inflow from operating activities totaled CNY 1,220,716,778.19, compared to CNY 1,163,282,858.00 in the prior year, showing an increase of about 4.9%[17] - The cash outflow for operating activities was CNY 1,014,876,895.32, up from CNY 962,441,303.45, indicating a rise of approximately 5.4%[17] - The net cash flow from investment activities was -15,014,448.20 RMB, a decrease from -102,487,730.45 RMB year-over-year[18] - The net cash flow from financing activities was -135,894,094.41 RMB, compared to -107,210,236.09 RMB in the previous year[18] - Cash flow from operating activities totaled ¥171,396,565.54, a decrease of 13.2% from ¥197,499,055.58 in the previous year[25] - Cash inflow from investment activities was ¥7,990,286.92, compared to ¥4,656,247.42 in the same period of 2023[26] - Cash outflow for investment activities decreased to ¥95,904,329.83 from ¥149,696,444.27 in the previous year[26] - Cash flow from financing activities resulted in a net outflow of ¥10,610,116.13, slightly improved from a net outflow of ¥11,451,843.17 in 2023[26] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 40,807[7] - The weighted average return on equity was 2.54%, a decrease of 0.46 percentage points compared to the previous year[3] - The tax expenses for Q3 2024 were CNY 16,882,867.57, compared to CNY 6,279,560.47 in Q3 2023, reflecting an increase of approximately 168.5%[15] Other Information - The increase in net profit for the year-to-date was primarily driven by an 8.56% increase in direct electricity sales and a 29.91% increase in self-owned power station electricity generation[3] - The company recognized non-recurring losses totaling CNY -2,115,253.39 for the current period[4] - The company has not indicated any new product developments or market expansion strategies in the current report[9] - The company's long-term investments remained stable at approximately 699,530,807.65 RMB, with a slight decrease from 699,702,570.72 RMB[20] - The ending balance of cash and cash equivalents was ¥128,713,999.25, down from ¥139,502,692.97 at the end of the previous year[26]