黔源电力(002039) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥740,382,657.56, down 40.89% year-on-year[8] - Net profit attributable to shareholders of the listed company decreased by 48.72% to ¥152,773,121.98[8] - Basic earnings per share were ¥0.5002, a decline of 48.72% compared to the same period last year[8] - The net cash flow from operating activities was ¥556,163,006.98, down 15.70% year-on-year[8] - The weighted average return on net assets was 6.16%, a decrease of 7.19% compared to the previous year[8] - The company expects net profit attributable to shareholders for 2018 to range between ¥24,026.24 million and ¥33,636.74 million, reflecting a decrease of 25.00% to an increase of 5.00% compared to the previous year[20] - The company’s operating income from non-operating activities fell by 98.70% to ¥199,857.66, largely due to a decrease in VAT refunds[16] - The company anticipates a decline in water inflow compared to the previous year, impacting power generation and revenue[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥16,772,496,105.57, a decrease of 2.11% compared to the end of the previous year[8] - Net assets attributable to shareholders of the listed company increased by 8.54% to ¥2,557,771,994.56[8] - Cash and cash equivalents increased by 1,604.78% to ¥103,339,763.06 from a negative balance of ¥6,867,429.30[16] - Accounts receivable rose by 64.09% to ¥181,319,158.10, attributed to an increase in settled electricity volume[16] - Deferred income tax assets increased by 30.65% to ¥2,093,074.77 due to a rise in accounts receivable and bad debt provisions[16] - The company reported a significant decrease in asset impairment losses by 81.91% to ¥3,896,441.54 due to a reduction in receivables[16] - Other receivables surged by 738.83% to ¥5,104,692.64, primarily from unrecovered compensation for water electricity losses and rental fees[16] - The company’s long-term debt due within one year increased by 49.32% to ¥1,216,316,909.83, reflecting an increase in borrowings[16] - Other current liabilities decreased by 44.20% to ¥93,773,706.04, mainly due to a reduction in dividends payable[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,696[12] - The top shareholder, China Huadian Corporation, held 13.58% of the shares, totaling 41,486,520 shares[12] Non-Recurring Items - The company reported non-recurring gains and losses totaling ¥5,660,822.44 for the year-to-date[9]