HDPI(SH:600027)2015-10-27 16:00Financial Performance - Total revenue for the first three quarters was RMB 51.45 billion, a decrease of approximately 9.97% compared to the same period last year, primarily due to a decline in power generation and a reduction in on-grid electricity prices[13]. - Net profit attributable to shareholders of the listed company reached RMB 6.07 billion, an increase of 28.13% compared to the same period last year[7]. - In the first three quarters, the company's total profit, net profit, and net profit attributable to shareholders increased by approximately 28.45%, 24.95%, and 28.13% year-on-year, reaching RMB 10.355 billion, RMB 8.040 billion, and RMB 6.069 billion respectively, mainly due to the decline in fuel prices[15]. - Basic earnings per share for the reporting period was RMB 0.679, representing an increase of 11.13% compared to the previous year[8]. - Operating profit for the third quarter was CNY 3,906,578, compared to CNY 3,064,043 in the previous quarter, indicating an increase of about 27.5%[31]. - Net profit for Q3 2015 reached 684,509 thousand RMB, up 21.7% from 562,705 thousand RMB in Q3 2014[38]. - Total profit for the first nine months of 2015 was 4,987,845 thousand RMB, significantly higher than 2,762,982 thousand RMB in the same period of 2014, marking an increase of 80.5%[37]. Revenue and Costs - Operating costs for the first three quarters amounted to RMB 34.78 billion, a decrease of approximately 18.53% year-on-year, mainly due to falling fuel prices and reduced fuel consumption[13]. - The company reported a decrease in total operating costs to CNY 41,575,551 from CNY 49,696,658, a reduction of approximately 16.4%[31]. - The company recorded a decrease in operating costs to 1,530,526 thousand RMB in Q3 2015 from 1,877,661 thousand RMB in Q3 2014, a reduction of 18.5%[37]. Assets and Liabilities - The company's total assets at the end of the reporting period were RMB 205.63 billion, an increase of 1.17% from the end of the previous year[7]. - The company's inventory decreased by 35.28% year-on-year to RMB 2.457 billion, primarily due to reduced fuel stock and a decline in the average purchase price of coal[15]. - The company's accounts receivable decreased by 30.91% year-on-year to RMB 1.203 billion, mainly due to an increase in bills paid by power plants during the period[15]. - The company's non-current liabilities due within one year decreased by 33.20% year-on-year to RMB 11.089 billion, primarily due to the repayment of bonds due within one year[15]. - Current liabilities decreased to CNY 29,642,721 from CNY 34,708,876, a reduction of about 14.5%[27]. Cash Flow - The net cash flow from operating activities for the first three quarters was RMB 24.00 billion, an increase of 17.04% year-on-year[7]. - The net cash flow from operating activities for the period from January to September was CNY 24,002,503, an increase of 16.3% compared to CNY 20,508,526 in the same period last year[41]. - Cash inflow from operating activities amounted to CNY 60,993,049, down 10.5% from CNY 67,927,586 year-on-year[41]. - Cash outflow from operating activities totaled CNY 36,990,546, a decrease of 22% compared to CNY 47,419,060 in the previous year[41]. - The ending balance of cash and cash equivalents was CNY 13,470,900, an increase from CNY 8,097,706 year-on-year[42]. Shareholder Information - The total number of shareholders at the end of the reporting period was 181,878[10]. - The largest shareholder, China Huadian Corporation, held 4,620,061,224 shares, accounting for 46.84% of the total shares[11]. Investments and Financing - The company completed a private placement of A-shares at a price of RMB 6.77 per share, raising a total of RMB 7,146,999,994.81, with a net amount of RMB 7,050,111,729.72 after expenses[15]. - The company received CNY 7,056,999 from investment contributions, an increase from CNY 4,411,870 year-on-year[44]. - The company’s financial expenses for the first three quarters were RMB 4.625 billion, a decrease of approximately 8.95% year-on-year, attributed to lower loan rates and reduced borrowings[15]. - The company reported a tax expense of 863,887 thousand RMB for the first nine months of 2015, compared to 1,626,587 thousand RMB in the same period of 2014[37]. Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to enhance operational efficiency and profitability[31].