CECWPC(SH:601016)2014-10-27 16:00Financial Performance - Operating revenue for the first nine months rose by 9.91% to CNY 813,415,981.10 year-on-year[8] - Net profit attributable to shareholders decreased by 30.79% to CNY 73,643,202.89 compared to the same period last year[8] - Basic earnings per share fell by 24.00% to CNY 0.057[9] - The net profit attributable to shareholders for the first nine months was CNY 91,888,058.53, a decrease of 22.92% year-on-year[8] - The operating profit for the period was ¥86,308,976.65, a decrease of 35.82% compared to the same period last year, attributed to a decline in average wind speed and utilization hours[18] - Total operating revenue for Q3 2023 was ¥222,919,399.28, an increase of 10.9% compared to ¥201,132,606.41 in Q3 2022[38] - Operating profit for Q3 2023 was a loss of ¥27,553,458.47, compared to a profit of ¥4,972,488.26 in Q3 2022[39] - Net profit for Q3 2023 was a loss of ¥15,092,825.20, down from a profit of ¥14,695,841.72 in Q3 2022[39] - Earnings per share for Q3 2023 was -0.008, compared to 0.009 in Q3 2022[39] - Total comprehensive income for Q3 2023 was a loss of ¥15,092,825.20, compared to a profit of ¥14,695,841.72 in Q3 2022[39] Cash Flow and Liquidity - Cash flow from operating activities increased by 5.49% to CNY 832,574,808.63 year-to-date[8] - The company's cash and cash equivalents at the end of the period amounted to ¥847,772,577.07, representing a 133.73% increase compared to the beginning of the year, primarily due to the proceeds from the initial public offering of A-shares[16] - Cash flow from operating activities for the first nine months of 2023 was ¥1,010,417,257.29, an increase from ¥972,687,768.12 in the same period last year[47] - The net cash flow from operating activities for Q3 2014 was ¥832,574,808.63, an increase from ¥789,230,578.32 in the same period last year, reflecting a growth of approximately 5.4%[48] - The cash inflow from financing activities totaled ¥1,263,790,100.00, compared to ¥1,167,089,288.40 in the previous year, marking an increase of about 8.2%[49] - The cash outflow for debt repayment was ¥252,750,000.00, down from ¥913,700,000.00 in the previous year, indicating a reduction of approximately 72.3%[49] - The company reported a total cash and cash equivalents balance of ¥847,772,577.07 at the end of Q3 2014, up from ¥332,836,444.47 at the end of the same quarter last year, representing a growth of approximately 154%[49] Shareholder Information - The total number of shareholders reached 152,417 by the end of the reporting period[14] - The largest shareholder, China Energy Conservation and Environmental Protection Group, holds 53.33% of shares[14] - The company is under the control of China Energy Conservation and Environmental Protection Group, which has made commitments regarding shareholding stability[23] - The company’s stock lock-up period is set for two years, with specific reduction limits on shareholdings during this period[23] Government Support and Subsidies - The company received government subsidies amounting to CNY 15,853,806.06 during the reporting period[11] Asset and Liability Management - Total assets increased by 8.18% to CNY 13,149,055,140.97 compared to the end of the previous year[8] - Current assets increased to ¥1,629,102,266.75 from ¥1,195,958,663.08, representing a growth of approximately 36.3%[29] - Total liabilities increased to ¥9,447,602,866.19 from ¥8,758,198,953.32, reflecting a growth of about 7.9%[31] - Long-term borrowings rose to ¥6,540,546,788.40 from ¥6,009,874,288.40, an increase of approximately 8.8%[31] - Total equity increased to ¥3,701,452,274.78 from ¥3,396,890,358.73, representing a growth of about 8.9%[31] Investment and Future Outlook - The company is focusing on expanding its market presence and enhancing its product offerings through new technology developments[30] - Future guidance indicates a commitment to maintaining growth in both revenue and market share through strategic investments and potential acquisitions[30] - The company achieved a net cash flow from investment activities of ¥109,219,823.87, a decrease from ¥351,879,464.38 year-over-year, reflecting a decline of about 69%[51] Accounting and Financial Reporting - The company has adjusted its accounting treatment for long-term equity investments, resulting in a decrease of 12,112,800.00 RMB in long-term equity investments and an increase of the same amount in available-for-sale financial assets[25] - The company’s total assets and liabilities remain unaffected by the accounting standard changes[26] - The company’s financial statements as of September 30, 2014, are unaudited[28]