CNNP(SH:601985)2018-10-25 16:00Financial Performance - Operating revenue for the first nine months reached CNY 28.16 billion, a year-on-year increase of 10.41%[8] - Net profit attributable to shareholders decreased by 6.48% to CNY 3.85 billion compared to the same period last year[8] - Basic earnings per share decreased by 6.44% to CNY 0.247[8] - Total operating revenue for Q3 reached ¥10,229,307,549.62, an increase of 11.6% compared to ¥9,167,058,648.40 in the same period last year[29] - Net profit for Q3 was ¥2,342,297,695.84, a decrease of 15.4% from ¥2,768,706,256.29 in the previous year[30] - Total profit for the first nine months was ¥8,246,290,086.79, slightly down from ¥8,331,927,728.40 year-over-year[30] - Net profit for the first nine months of 2023 was ¥3,924,194,163.88, compared to ¥4,059,932,873.96 in the previous year, indicating a decrease of about 3.3%[35] Cash Flow - Cash flow from operating activities increased by 21.38% to CNY 18.51 billion for the first nine months[7] - The net cash flow from operating activities was RMB 18.51 billion, an increase of RMB 3.26 billion, or 21.38% year-over-year, attributed to higher electricity generation and revenue[16] - Cash flow from operating activities for the first nine months of 2023 was ¥18,510,722,755.69, up from ¥15,250,410,507.67 in the same period last year, reflecting an increase of approximately 21.5%[38] - Total cash inflow from operating activities was 42,910,304.29 RMB, down from 76,876,785.93 RMB year-on-year, highlighting a decline in operational cash generation[41] Assets and Liabilities - Total assets increased by 5.30% to CNY 319.60 billion compared to the end of the previous year[7] - Non-current liabilities rose to CNY 197.86 billion, up from CNY 186.99 billion, indicating an increase of about 5.0%[22] - Current liabilities totaled CNY 39.57 billion, compared to CNY 38.58 billion, reflecting a growth of approximately 2.6%[22] - The total liability of CNY 237.43 billion, up from CNY 225.58 billion, indicating an increase of about 5.3%[22] - Total current assets decreased to CNY 1.88 billion from CNY 2.21 billion, a decline of approximately 15.0%[25] Shareholder Information - The total number of shareholders reached 471,857 by the end of the reporting period[12] - The largest shareholder, China National Nuclear Corporation, holds 70.40% of the shares[12] Investment and Expenditures - The company reported a non-recurring gain of CNY 3.20 million from the disposal of non-current assets[10] - Fixed assets increased to RMB 172.75 billion, up RMB 41.76 billion, or 31.88% from the beginning of the period, due to the commissioning of new nuclear power units[14] - The company’s development expenditures rose to CNY 410.87 million from CNY 291.37 million, an increase of about 41.0%[22] - The company reported a significant increase in investment income, totaling ¥4,050,434,981.24 for the first nine months of 2023, compared to ¥4,109,436,417.56 in the previous year[34] Financial Ratios and Returns - The weighted average return on equity decreased by 1.22 percentage points to 8.55%[8] - The company expects to see a 1.31% increase in net profit after adjusting for the impact of electricity price changes[8] Costs and Expenses - Total operating costs for Q3 were ¥7,703,785,773.43, up 15.9% from ¥6,644,106,933.78 year-over-year[29] - Financial expenses for Q3 increased to ¥1,539,406,599.55, up 54.3% from ¥997,374,141.21 year-over-year[29] - Management expenses for Q3 2023 were ¥51,988,896.18, up from ¥25,964,845.02 in the same period last year, indicating an increase of approximately 100.5%[34] - The company’s financial expenses for the first nine months of 2023 were ¥33,225,819.52, compared to a negative expense of -¥14,152,008.32 in the previous year, reflecting a significant change in financial performance[34]