福能股份(600483) - 2017 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months rose by 1.99% to CNY 4.64 billion year-on-year[7] - Net profit attributable to shareholders decreased by 29.32% to CNY 495.27 million compared to the same period last year[7] - Cash flow from operating activities fell by 33.98% to CNY 918.06 million year-to-date[7] - Basic earnings per share dropped by 30.43% to CNY 0.32[7] - The company's net profit for the reporting period was RMB 48,391.18 million, a decrease of 33.65% compared to the same period last year[15] - The total profit decreased by 34.78% to RMB 60,670.90 million, attributed to rising coal and gas prices leading to increased unit power generation costs[15][18] - The company's net profit for the first nine months was CNY 695,670,343.60, a decrease from CNY 789,176,783.40 in the same period last year, representing a decline of approximately 11.87%[39] - Total comprehensive income for the first nine months was CNY 674,152,352.98, compared to CNY 770,937,648.96 in the previous year, reflecting a decline of approximately 12.5%[41] Assets and Liabilities - Total assets increased by 7.69% to CNY 19.33 billion compared to the end of the previous year[7] - Current assets totaled CNY 5.14 billion, slightly up from CNY 5.13 billion at the start of the year, indicating a marginal increase of 0.03%[25] - Non-current assets rose significantly to CNY 14.19 billion, compared to CNY 12.81 billion at the beginning of the year, reflecting an increase of about 10.7%[25] - Total liabilities reached CNY 8.58 billion, up from CNY 7.38 billion, marking an increase of approximately 16.2%[26] - Total current liabilities increased to CNY 2.61 billion from CNY 1.53 billion, showing a substantial rise of about 70.8%[26] Cash Flow - Cash flow from operating activities decreased by RMB 47,250.41 million to RMB 91,806.37 million, primarily due to reduced cash inflow from electricity sales[21] - The total cash inflow from operating activities was CNY 4,629,464,515.65, compared to CNY 4,993,983,871.96 in the previous year, showing a decline of approximately 7.3%[43] - Cash and cash equivalents at the end of the period amounted to CNY 2,537,489,674.10, a decrease from CNY 2,720,451,427.71 year-on-year, representing a decline of about 6.7%[44] - The net cash flow from financing activities was CNY 254,572,056.67, a decrease from CNY 1,884,495,417.10 year-on-year, reflecting a decline of about 86.5%[44] Shareholder Information - The total number of shareholders reached 28,808 by the end of the reporting period[9] - The largest shareholder, Fujian Energy Group, holds 62.50% of the shares[9] Investment Activities - Investment income increased significantly to RMB 8,699.57 million, up 763.75% year-on-year, primarily due to gains from the sale of listed company stocks[15][18] - The company reported an investment income of ¥21,099,611.59 for Q3 2017, significantly higher than ¥3,924,000.30 in Q3 2016[33] - The company received CNY 891,418,427.75 from investment recoveries, significantly up from CNY 490,000,000.00 in the same period last year, marking an increase of approximately 81.9%[44] Operational Costs - Total operating costs for Q3 2017 were ¥1,931,810,137.95, up 31.3% from ¥1,470,009,769.47 in Q3 2016[32] - The company incurred management expenses of CNY 9,697,567.30 for the first nine months, compared to CNY 10,330,807.22 in the previous year, indicating a reduction of approximately 6.1%[39] Other Financial Metrics - The weighted average return on equity decreased by 2.77 percentage points to 4.87%[7] - Financial expenses showed a significant improvement, with a net gain of CNY 1,473,617.97 compared to a loss of CNY 3,734,236.63 in the previous year[39] - The company did not issue preferred shares during the reporting period, and there were no recoverable voting rights for preferred shareholders[11]