HDECL(SH:600726)2017-10-30 16:00Financial Performance - Operating revenue for the first nine months increased by 5.10% to CNY 6,228,705,126.07 compared to the same period last year[7]. - Net profit attributable to shareholders of the listed company was a loss of CNY 397,073,978.53, a decrease of 256.06% year-on-year[7]. - Total profit decreased by 222.61% to -¥392,334,544.74, attributed to a significant rise in coal prices and reduced investment income[14]. - Net profit attributable to shareholders decreased by 256.06% to -¥397,073,978.53, due to similar reasons as total profit[14]. - The company expects a net loss for 2017, primarily due to coal shortages and rising coal prices impacting power generation[15]. - Total revenue for the first nine months of 2017 was CNY 5,727,538,592.09, a decrease from CNY 6,618,283,140.38 in the same period last year, representing a decline of approximately 13.4%[36]. - Net profit for the first nine months of 2017 was CNY -278,175,523.60, a significant decline from CNY 180,820,409.66 in the same period last year[34]. - The company reported a total comprehensive income of CNY -278,175,523.60 for Q3 2017, compared to CNY 180,820,409.66 in Q3 2016, indicating a significant decline in overall financial health[34]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 25,379,717,517.71, a decrease of 0.29% compared to the end of the previous year[7]. - Net assets attributable to shareholders of the listed company decreased by 11.18% to CNY 3,012,557,843.90[7]. - Current liabilities totaled CNY 14,403,110,354.25, compared to CNY 14,386,832,615.53 at the start of the year, indicating a marginal increase[20]. - Short-term borrowings increased significantly to CNY 9,226,972,923.63 from CNY 5,622,025,969.75, reflecting a rise of approximately 64%[20]. - Non-current liabilities rose to CNY 7,296,731,597.60 from CNY 6,968,209,513.40, marking an increase of about 4.7%[21]. - The total liabilities reached CNY 21,699,841,951.85, up from CNY 21,355,042,128.93, representing an increase of approximately 1.6%[21]. - The company's equity attributable to shareholders decreased to CNY 3,012,557,843.90 from CNY 3,391,825,445.18, a decline of about 11.2%[21]. Cash Flow - Cash flow from operating activities showed a net outflow of CNY 126,215,363.35, a decline of 111.81% compared to the previous year[7]. - The company’s cash inflow from operating activities totaled CNY 5,817,045,382.72 for the first nine months of 2017, down from CNY 6,749,691,053.76 in the same period last year[36]. - Cash flow from investing activities showed a net outflow of CNY -1,422,622,539.17 for the first nine months of 2017, compared to CNY -1,485,819,922.48 in the previous year[37]. - Cash flow from financing activities generated a net inflow of CNY 1,521,126,929.26 in 2017, up from CNY 79,600,250.26 in the same period last year[37]. - The ending cash and cash equivalents balance as of September 30, 2017, was CNY 1,066,749,036.67, slightly down from CNY 1,070,021,082.70 at the end of the previous year[37]. Shareholder Information - The total number of shareholders at the end of the reporting period was 198,812, with 131,201 A-share holders and 67,611 B-share holders[10]. Inventory and Receivables - Accounts receivable increased by 35.37% to CNY 1,325,903,240.76 compared to the beginning of the year[11]. - Inventory increased by 55.06% to CNY 498,923,576.04 compared to the beginning of the year[11]. - Accounts receivable grew by 35.37%, mainly due to an increase in electricity and heating fees receivable[12]. - Inventory rose by 55.06% to ¥498,923,576.04, as the company increased coal stock to ensure winter heating[12]. Operating Costs and Expenses - Total operating costs increased to approximately $2.28 billion in Q3, up from $1.84 billion in the previous year, marking a year-over-year increase of 23.8%[29]. - Management expenses rose by 51.44% to ¥75,360,874.62, due to reclassification of employee compensation and utility costs[13]. - The company incurred tax expenses of approximately $5.2 million in Q3, compared to a tax benefit of $3.1 million in the same period last year[30]. Other Comprehensive Income - Other comprehensive income increased by 404.03%, influenced by changes in benefit plans of associated enterprises[12]. - The company reported other comprehensive income after tax of approximately $1.26 million for the year-to-date period[31].