2016-10-30 16:00Financial Performance - Operating revenue for the first nine months decreased by 0.82% to RMB 54,711,739,000 compared to the same period last year[6]. - Net profit attributable to shareholders decreased by 6.84% to RMB 1,768,712,000 year-on-year[6]. - The company reported a basic earnings per share of RMB 0.1317, down 11.01% from the previous year[7]. - Operating revenue for the third quarter was CNY 17,845,137 thousand, slightly down from CNY 18,036,859 thousand in the same period last year, a decrease of about 1.1%[29]. - Net profit attributable to shareholders of the parent company for the first nine months was CNY 1,768,712 thousand, down from CNY 1,898,507 thousand, indicating a decrease of approximately 6.8%[30]. - The company reported a gross profit margin of approximately 12.5% for the first nine months, compared to 12.5% in the previous year, indicating stability in profitability[30]. - Operating profit for Q3 2016 was CNY 844,368 thousand, significantly higher than CNY 253,888 thousand in Q3 2015, marking an increase of 232.5%[31]. - Net profit for the first nine months of 2016 was CNY 1,711,909 thousand, compared to CNY 1,029,817 thousand in the same period of 2015, reflecting a growth of 66.3%[31]. Assets and Liabilities - Total assets increased by 3.30% year-on-year to RMB 170,935,464,000[6]. - Net assets attributable to shareholders rose by 13.37% to RMB 44,520,626,000 compared to the end of the previous year[6]. - The total liabilities of the company were CNY 113,172,872 thousand, showing a slight decrease from CNY 113,479,820 thousand at the beginning of the year[24]. - Total liabilities increased to CNY 56,610,733 thousand from CNY 53,037,430 thousand, marking an increase of approximately 9.7%[27]. - The total equity attributable to shareholders of the parent company increased to CNY 34,582,986 thousand from CNY 27,932,158 thousand, reflecting a growth of approximately 23.9%[27]. Cash Flow - Cash flow from operating activities showed a net outflow of RMB 505,131,000, compared to an outflow of RMB 718,637,000 in the previous year[6]. - The net cash flow from operating activities for the first nine months of 2016 was CNY 2,347,674, compared to CNY 476,157 in the same period last year, indicating a significant improvement[36]. - The total cash inflow from operating activities for the first nine months of 2016 was CNY 57,995,584 thousand, slightly down from CNY 58,513,714 thousand in the same period of 2015, a decrease of 0.9%[34]. - The net cash flow from financing activities was negative at CNY -400,762, a decline from CNY 4,074,191 in the previous year, primarily due to increased debt repayments[36]. - The total cash and cash equivalents at the end of the period stood at CNY 23,525,382, compared to CNY 18,298,841 at the end of the previous year, showing a healthy liquidity position[37]. Orders and Backlog - New orders amounted to RMB 62.5 billion, a year-on-year increase of 24.98%[7]. - The backlog of orders at the end of the reporting period was RMB 224.44 billion, a decrease of 16.09% year-on-year[7]. - Wind power equipment orders stood at RMB 11.49 billion, a decrease of 1.88% year-on-year[7]. - Coal-fired power generation equipment orders increased by 4.64% year-on-year to RMB 99.6 billion[7]. Investments and Intangible Assets - The company reported a significant increase in intangible assets, primarily due to the acquisition of 14 land use rights for approximately RMB 2.6 billion[13]. - The capital reserve increased by nearly RMB 2.5 billion as a result of the share issuance for asset acquisition[13]. - Investment income decreased by 46% to RMB 1,073,720,000, primarily due to a previous year's gain of approximately RMB 850 million from the disposal of a subsidiary[14]. - The net cash flow from investment activities decreased by RMB 2,381,428,000 compared to the previous year, mainly due to the recovery of long-term deposits of nearly RMB 2.3 billion last year[15]. - Intangible assets at the end of the period reached RMB 5,172,533,000, reflecting a 93% increase from the beginning of the period[15]. Shareholder Commitments - The company has commitments from its controlling shareholder to avoid competition and ensure operational independence in various aspects[18]. - The company has committed to not providing financing guarantees to its controlling shareholder and related parties[18]. - The company has committed to a lock-up period for shares acquired through asset swaps and share issuance for 36 months post-transaction completion[21].