乐山电力(600644) - 2024 Q3 - 季度财报

Financial Performance - Operating revenue for Q3 2024 increased by 3.85% year-on-year, totaling RMB 2,323,390,306.55[2] - Net profit attributable to shareholders increased by 2.21% in Q3 2024, amounting to RMB 68,568,750.78, while year-to-date net profit decreased by 3.98%[2][6] - Basic earnings per share for Q3 2024 were RMB 0.1274, reflecting a decrease of 3.98% year-on-year[2][6] - Total operating revenue for the first three quarters of 2024 reached ¥2,323,390,306.55, an increase of 5.7% compared to ¥2,198,006,947.66 in the same period of 2023[12] - Net profit for the first three quarters of 2024 was ¥73,091,199.93, a decrease of 3% from ¥75,344,676.97 in the same period of 2023[15] - The net profit attributable to shareholders of the parent company was ¥68,568,750.78, down from ¥71,412,993.80 year-on-year[15] - Earnings per share for the first three quarters of 2024 were ¥0.1274, compared to ¥0.1326 in the same period of 2023[15] - The company reported a total profit of ¥87,033,975.47 for the first three quarters, an increase from ¥84,308,511.42 in the previous year, marking a growth of 3.2%[14] Cash Flow - Cash flow from operating activities for the year-to-date period increased by 23.44%, reaching RMB 133,998,373.97[2][6] - The total cash inflow from operating activities for the first three quarters of 2024 was CNY 2,833,835,465.23, an increase of 9.26% compared to CNY 2,593,091,330.09 in the same period of 2023[16] - The net cash flow from operating activities was CNY 133,998,373.97, up from CNY 108,550,635.18 in the previous year, reflecting a growth of 23.5%[16] - Cash outflow for purchasing goods and services was CNY 1,784,584,831.15, which is an increase of 11.97% from CNY 1,593,866,653.79 in 2023[16] - The net cash flow from investing activities was -CNY 83,296,551.41, worsening from -CNY 49,619,257.27 in the same period last year[17] - Cash inflow from financing activities totaled CNY 174,000,000.00, significantly lower than CNY 746,500,000.00 in the previous year[17] - The net cash flow from financing activities was -CNY 10,655,748.67, compared to a positive net flow of CNY 17,741,959.28 in 2023[17] - The ending balance of cash and cash equivalents increased to CNY 301,186,624.13 from CNY 178,342,114.68 in the previous year, marking a growth of 68.67%[17] - The company received CNY 4,759,250.25 in cash from investment income, down from CNY 9,076,697.92 in the same period last year[17] - Cash outflow for fixed assets and other long-term assets was CNY 103,074,315.61, an increase from CNY 87,912,622.59 in 2023[17] - The company reported a cash return from tax refunds of CNY 14,119.72, slightly lower than CNY 18,000.00 in the previous year[16] Assets and Liabilities - Total assets as of the end of the reporting period were RMB 4,257,664,936.58, representing a 2.87% increase from the end of the previous year[3] - Current assets totaled CNY 738,587,465.10, up from CNY 601,947,622.66, indicating a growth of about 22.66%[10] - Cash and cash equivalents increased to CNY 374,439,624.13 from CNY 278,056,137.24, representing a rise of approximately 34.66%[10] - Accounts receivable rose to CNY 160,835,342.19 from CNY 123,491,020.33, marking an increase of about 30.25%[10] - Inventory increased to CNY 58,980,353.37 from CNY 43,407,106.13, showing a growth of approximately 35.91%[10] - Total liabilities amounted to CNY 1,173,268,369.84, compared to CNY 1,046,632,508.39, reflecting an increase of about 12.14%[11] - Short-term borrowings rose significantly to CNY 221,000,000.00 from CNY 127,200,000.00, indicating an increase of approximately 73.66%[11] - Long-term borrowings decreased to CNY 585,660,000.00 from CNY 675,500,000.00, a reduction of about 13.27%[11] - The company reported a total of CNY 3,519,077,471.48 in non-current assets, down from CNY 3,536,965,605.72, reflecting a decrease of approximately 0.50%[11] - Total liabilities as of the end of the reporting period were ¥2,125,245,656.34, compared to ¥2,086,868,540.30 at the end of the previous year, indicating a slight increase[12] - Total equity reached ¥2,132,419,280.24, up from ¥2,052,044,688.08 year-on-year, reflecting a growth of 3.9%[12] - Deferred income increased to ¥64,555,873.32 from ¥62,829,786.33, showing a growth of 2.8%[12] Operational Insights - The increase in net profit for Q3 2024 was primarily due to seasonal trading characteristics of the business segment[6] - The increase in cash flow from operating activities was attributed to an increase in electricity sales volume[6] - The company did not receive government operational contribution awards in the current year, which impacted year-to-date net profit[6] - The company has not reported any significant new strategies or product developments during this quarter[9] - Total operating costs amounted to ¥2,258,123,117.47, up from ¥1,936,253,216.03 in the previous year, reflecting a year-on-year increase of 16.6%[14] - Research and development expenses were reported at ¥747,490.20, indicating ongoing investment in innovation[14]