GDG(SH:600098)2015-10-30 16:00Financial Performance - Net profit attributable to shareholders decreased by 2.30% to CNY 985,477,494.51 for the first nine months of the year[6] - Operating revenue for the first nine months decreased by 8.16% to CNY 13,460,265,167.74 compared to the same period last year[6] - Total operating revenue for Q3 2015 was CNY 5,002,384,215.11, a decrease of 9.3% compared to CNY 5,516,638,300.88 in Q3 2014[30] - Year-to-date revenue for 2015 reached CNY 13,460,265,167.74, down 8.1% from CNY 14,656,669,012.63 in the same period of 2014[30] - Total revenue from operating activities for the first nine months of 2015 was 15,272,250,225.56 RMB, down 6.67% from 16,361,226,532.54 RMB in the same period last year[39] - Total comprehensive income for Q3 2015 was ¥626.24 million, compared to ¥542.72 million in the same period last year, reflecting a growth of 15.4%[33] - The company reported a total profit of ¥790.40 million for Q3 2015, up 19.7% from ¥660.36 million in Q3 2014[32] Assets and Liabilities - Total assets increased by 3.89% to CNY 35,093,581,947.82 compared to the end of the previous year[6] - Total liabilities were CNY 12,764,368,875.20, compared to CNY 12,008,053,710.05 at the beginning of the year, representing an increase of about 6.3%[24] - Current assets totaled CNY 8,777,487,847.82, up from CNY 7,434,348,970.49 at the beginning of the year, indicating a growth of approximately 18.06%[23] - The company's total equity increased to CNY 17,959,745,113.73 from CNY 17,373,603,144.66, reflecting a growth of 3.4%[25] - Non-current liabilities totaled CNY 10,498,163,885.00, a decrease of 4.2% from CNY 10,964,238,164.37 at the beginning of the year[25] Cash Flow - Cash flow from operating activities for the first nine months decreased slightly by 0.88% to CNY 2,613,091,471.59[6] - Cash flow from investing activities showed a net outflow of -503,829,105.69 RMB for the first nine months of 2015, compared to -337,928,666.89 RMB in the previous year, indicating increased investment activity[41] - Cash flow from financing activities resulted in a net outflow of -2,065,792,669.84 RMB for the first nine months of 2015, an improvement from -2,641,592,790.65 RMB year-over-year[41] - The cash and cash equivalents at the end of Q3 2015 amounted to 4,260,696,311.79 RMB, a decrease from 4,389,356,935.83 RMB at the end of the previous year[41] Shareholder Information - The number of shareholders reached 90,629 at the end of the reporting period[9] - The company’s major shareholder, Guangzhou State-owned Assets Development Holdings Co., Ltd., committed not to reduce its shareholding from July 9, 2015, to July 8, 2016[17] - The second-largest shareholder, China Yangtze Power Co., Ltd., intends to increase its stake by purchasing 200 million shares from the secondary market[17] Investment Activities - Cash paid for investments surged by 385.61% to ¥647,221,000.00 from ¥133,281,000.00, driven by increased purchases of financial products and equity investments[15] - The company established a wholly-owned subsidiary, Guangzhou Development New Energy Investment Management Co., Ltd., to expand into the photovoltaic and wind power sectors through acquisitions and internal transfers[15] - The company plans to create an integrated industrial chain for new energy business investment operations, technology integration, and maintenance services[15] Other Income and Expenses - Non-operating income increased by 78.20% to CNY 115,285,671.67, driven by increased insurance claims and performance compensation[14] - The company reported a significant increase of 8270.17% in other comprehensive income to CNY 17,315,032.05 due to equity method accounting for its associate[13] - The company incurred tax expenses of ¥161.80 million in Q3 2015, slightly up from ¥160.68 million in Q3 2014, reflecting a marginal increase of 0.7%[32]