闽东电力(000993) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 192,419,675.47, a decline of 11.73% year-on-year, and CNY 395,194,314.37 for the year-to-date, down 46.67%[8] - Net profit attributable to shareholders of the listed company was CNY 11,086,596.27, a decrease of 74.93% year-on-year, and CNY -82,266,924.48 for the year-to-date, down 180.40%[8] - Basic earnings per share for the reporting period were CNY 0.0242, down 79.58% year-on-year, and CNY -0.1796 for the year-to-date, down 165.48%[8] - The net profit attributable to the parent company decreased by 180.40% compared to the same period last year, driven by lower profits in both the hydropower and real estate sectors[18] - Basic earnings per share decreased by 164.05% compared to the same period last year, reflecting the significant decline in net profit attributable to the parent company[18] - Cash received from sales and services decreased by 43.03% compared to the same period last year, mainly due to reduced income in the hydropower and real estate sectors[20] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,143,427,051.13, a decrease of 6.96% compared to the end of the previous year[8] - Net assets attributable to shareholders of the listed company were CNY 2,152,903,899.58, down 3.68% from the previous year[8] - The company's cash and cash equivalents decreased by 55.54% compared to the beginning of the year, primarily due to loan repayments and increased capital expenditures for wind power projects[15] - Accounts receivable increased by 90.80% compared to the beginning of the year, mainly due to increased receivables from hydropower and wind power electricity sales[15] - Long-term payables decreased by 39.66% compared to the beginning of the year, mainly due to the repayment of financing lease principal[15] - The company's undistributed profits decreased by 79.91% compared to the beginning of the year, primarily due to a reduction in net profit during the reporting period[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 33,009[11] - The largest shareholder, Ningde State-owned Assets Investment Management Co., Ltd., held 47.31% of the shares[11] Operational Insights - Operating revenue decreased by 46.67% compared to the same period last year, attributed to significantly reduced rainfall and lower hydropower generation, as well as decreased sales area for the real estate project[17] - Operating costs decreased by 46.94% compared to the same period last year, primarily due to reduced power generation and corresponding cost reductions[17] - The company reported a net cash flow from operating activities of CNY -5,687,189.11 for the year-to-date, a decline of 102.11%[8] Tax and Refunds - The company reported a 186.63% increase in tax refunds received, primarily due to increased VAT refunds in the wind power sector[20] Other Activities - There were no significant new product developments or market expansions reported during the period[14] - No entrusted financial management occurred during the reporting period[23] - No derivative investments were made during the reporting period[24] - No research, communication, or interview activities were conducted during the reporting period[25] - No violations of external guarantees were reported during the reporting period[26] - No non-operating fund occupation by controlling shareholders or related parties occurred during the reporting period[27]