DTPC(SH:600719)2016-10-25 16:00Financial Performance - Net profit attributable to shareholders decreased by 10.79% to CNY -18,245,863.81 for the year-to-date period[6] - Operating revenue for the year-to-date period decreased by 4.19% to CNY 436,537,072.44 compared to the same period last year[6] - The net profit after deducting non-recurring gains and losses decreased by 21.54% to CNY -15,663,598.52 for the year-to-date period[6] - The net profit for the period was -18.25 million RMB, with a significant decrease in cash flow from operating activities by 159.63%[15] - Year-to-date net profit from January to September was -18,245,863.81, compared to -16,468,440.25 in the previous year, indicating a worsening of losses[30] - The net profit for Q3 was -45,218,433.39, slightly improved from -45,601,284.88 in the same quarter last year, indicating a reduction in losses[30] - The company reported a total profit loss of -52,878,478.11 for Q3, slightly better than -55,324,654.22 in the previous year, indicating a reduction in overall losses[29] Assets and Liabilities - Total assets decreased by 14.81% to CNY 1,249,221,940.57 compared to the end of the previous year[6] - Current liabilities decreased from CNY 724,424,304.26 to CNY 531,779,546.97, a reduction of about 26.6%[22] - Non-current liabilities decreased from CNY 23,546,435.26 to CNY 21,331,308.40, a decline of approximately 9.4%[22] - Total equity decreased from CNY 718,402,945.01 to CNY 696,111,085.20, a decrease of about 3.1%[23] - Total liabilities decreased from CNY 747,970,739.52 to CNY 553,110,855.37, a reduction of about 26%[26] Cash Flow - Net cash flow from operating activities decreased by 159.65% to CNY -100,533,687.64 for the year-to-date period[6] - Cash inflows from operating activities totaled 379,624,291.17 RMB, an increase from 346,628,551.44 RMB year-over-year[36] - Cash outflows from operating activities amounted to 480,157,978.81 RMB, compared to 385,346,767.96 RMB in the same period last year, resulting in a net cash flow from operating activities of -100,533,687.64 RMB[36] - The net increase in cash and cash equivalents was -108,455,176.17 RMB, compared to -37,645,754.42 RMB in the previous year[37] - The ending balance of cash and cash equivalents was 46,369,268.66 RMB, down from 71,714,948.13 RMB year-over-year[37] Shareholder Information - The total number of shareholders is 27,183[11] - The top shareholder, Dalian Thermal Power Group Co., Ltd., holds 133,133,784 shares, representing 32.91% of total shares, with 16,000,000 shares frozen[11] Operational Metrics - In Q3 2016, the total electricity generation was 4,428,000 MWh, an increase of 402,000 MWh or 9.1% year-on-year[12] - The total electricity sold was 3,417,000 MWh, up by 302,000 MWh or 8.8% compared to the same period last year[12] - Steam sales volume reached 30,940 tons in Q3 2016, reflecting a year-on-year increase of 6,031 tons or 24.2%[13] - The heating area served increased to 11.17 million square meters, a growth of 27,000 square meters or 2.4% year-on-year[13] Changes in Financial Position - Cash and cash equivalents decreased by 63.61% from the beginning of the year, totaling 9,762,000 RMB[15] - Cash and cash equivalents decreased from CNY 217,483,070.44 to CNY 86,645,996.83, a decline of approximately 60.2%[24] - Accounts receivable decreased from CNY 82,880,683.94 to CNY 40,750,804.61, a reduction of about 50.9%[24] - Inventory decreased from CNY 75,428,268.93 to CNY 18,239,839.10, a decline of approximately 75.8%[24] - Unappropriated profits decreased from CNY 48,962,061.15 to CNY 26,670,201.34, a decline of approximately 45.5%[23] Revenue and Costs - Total operating revenue for Q3 was 42,542,264.47, a significant increase from 18,426,867.96 in the same period last year, representing a growth of approximately 131.5%[28] - Total operating costs for Q3 amounted to 93,399,401.68, compared to 73,218,879.11 in the previous year, reflecting an increase of about 27.6%[28] - Year-to-date operating revenue from January to September was 436,537,072.44, down from 455,643,009.93 in the same period last year, a decrease of approximately 4.8%[28] - The company incurred financial expenses of -2,792,873.18 in Q3, compared to 1,753,288.04 in the same period last year, reflecting a significant change in financial costs[29]