上海电力(600021) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months reached CNY 16.53 billion, a 12.99% increase from the previous year[8] - Net profit attributable to shareholders increased by 29.16% to CNY 713.75 million compared to the same period last year[8] - Net profit excluding non-recurring gains and losses increased by 105.96% year-on-year, primarily due to the merger with Jiangsu Electric Power[8] - The company reported a basic earnings per share of CNY 0.2934, up 27.95% from the previous year[8] - Total revenue for Q3 2018 reached ¥5,669,133,785.08, an increase of 3.2% compared to ¥5,491,518,768.13 in Q3 2017[29] - Year-to-date revenue for the first nine months of 2018 was ¥16,530,350,703.21, up 12.99% from ¥14,630,333,343.05 in the same period last year[29] - Operating profit for Q3 2018 was ¥803,636,579.64, a significant increase of 72.1% from ¥466,422,671.82 in Q3 2017[31] - Net profit for Q3 2018 was ¥638,823,568.63, representing a 62.3% increase compared to ¥393,854,380.53 in Q3 2017[31] Assets and Liabilities - Total assets increased by 7.74% to CNY 88.34 billion compared to the end of the previous year[7] - Current liabilities totaled ¥31.81 billion, slightly up from ¥31.51 billion, indicating a 0.9% increase[22] - Long-term borrowings rose to ¥19.13 billion, compared to ¥16.02 billion, reflecting a 13.2% increase[22] - The company's total liabilities increased to ¥67.70 billion from ¥62.75 billion, reflecting an 8.5% rise[22] - The total equity attributable to shareholders rose to ¥13.82 billion, compared to ¥12.77 billion, an increase of 8.3%[22] Cash Flow - Net cash flow from operating activities surged by 60.16% to CNY 3.74 billion year-to-date[8] - The total cash inflow from operating activities for the first nine months of 2018 was CNY 19,766,369,891.81, an increase of 23.4% compared to CNY 15,974,895,566.56 in the same period last year[41] - The net cash flow from operating activities was CNY 3,737,437,045.42, up from CNY 2,333,610,697.93, representing a growth of 60.2% year-over-year[42] - The total cash outflow from investing activities was CNY 6,649,068,369.90, compared to CNY 5,468,897,852.64 in the previous year, indicating an increase of 21.5%[42] - The total cash and cash equivalents at the end of the period amounted to CNY 4,297,154,445.46, compared to CNY 3,712,684,287.31 at the end of the previous year, reflecting an increase of 15.7%[43] Shareholder Information - The total number of shareholders reached 115,790, with the largest shareholder holding 45.49% of the shares[13] - The company is under the control of the State Power Investment Corporation, which is its major shareholder[15] Acquisitions and Investments - The company completed the acquisition of 100% equity of Jiangsu Electric, which became a wholly-owned subsidiary, and raised matching funds through a share issuance[16] - The company plans to acquire 66.40% of KE Company in Pakistan for a cash consideration of $1.77 billion, with potential additional rewards of up to $27 million based on the company's performance[16] Government Support - The company received government subsidies amounting to CNY 62.09 million related to its normal business operations[10] - Non-recurring gains and losses for the period totaled CNY 52.10 million, reflecting various adjustments and government support[13]