WENERGY CO.,LTD.(SZ:000543)2017-10-30 16:00Financial Performance - Net profit attributable to shareholders decreased by 38.89% year-on-year to ¥155,247,723.83, while net profit for the year-to-date period dropped by 86.99% to ¥100,550,906.69[6]. - Basic earnings per share decreased by 38.83% to ¥0.0868, with diluted earnings per share showing the same decline[6]. - The total profit decreased by 92.04% year-on-year, mainly due to losses in the main business of thermal power caused by rising coal prices[16]. - Net profit attributable to the parent company decreased by 86.99% year-on-year, primarily due to losses in the main business of thermal power[16]. - The net cash flow from operating activities decreased by 56.99% year-on-year, as cash outflows increased more than cash inflows due to rising coal prices[16]. Revenue and Costs - Operating revenue for the reporting period was ¥3,159,770,057.09, reflecting a year-on-year increase of 4.64%, with year-to-date revenue up by 17.48% to ¥8,521,957,069.50[6]. - Operating costs increased by 34.10% year-on-year, primarily due to a significant rise in coal prices compared to the same period last year[15]. Assets and Shareholder Information - Total assets at the end of the reporting period reached ¥27,102,094,190.96, a slight increase of 0.06% compared to the end of the previous year[6]. - The total number of shareholders at the end of the reporting period was 73,741, with the top ten shareholders holding a combined 42.69% of the shares[10]. - Anhui Energy Group Co., Ltd. was the largest shareholder, holding 42.69% of the shares, equivalent to 764,326,919 shares[10]. Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥612,138,588.56, representing a significant decrease of 56.99%[6]. - The net cash flow from financing activities increased by CNY 1,363,399,783.08 year-on-year, due to an 8.16% increase in cash inflows from financing activities[17]. Changes in Assets - The balance of accounts receivable increased by 209.46% compared to the beginning of the period, mainly due to an increase in bill settlement amounts[14]. - The balance of prepayments increased by 214.56% compared to the beginning of the period, primarily due to increased prepayments for coal procurement by subsidiaries[14]. - The balance of inventories decreased by 50.70% compared to the beginning of the period, mainly due to a reduction in coal inventory[14]. - The balance of other current assets increased by 219.00% compared to the beginning of the period, mainly due to an increase in deductible VAT[14]. - The balance of other non-current assets increased by 995.79% compared to the beginning of the period, primarily due to prepayments for engineering projects[14]. Non-Operating Income and Donations - The company reported non-operating income of ¥12,544,472.00 from government subsidies during the year-to-date period[7]. - The company donated CNY 160,000 to build a 60 kW solar photovoltaic power generation project in Gao Feng Village, Qianqiao Town, Zongyang County during Q3 2017[29]. - The company provided CNY 100,000 in funding for a tourism poverty alleviation project in Wuli Village, Xianzhong Town, Hanshan County during Q3 2017[29]. - The total amount allocated for poverty alleviation efforts in Q3 2017 was CNY 260,000[30]. - The company is expected to continue poverty alleviation efforts in Q4 2017, with an estimated funding requirement of CNY 10,000 for visits and support in Wuli Village[31]. Corporate Governance and Strategy - There were no significant changes in the company's strategy or new product developments mentioned in the report[13]. - The company completed the appointment of a new general manager in March 2017[24]. - The company has successfully completed its non-public offering of shares[24]. - The company has not indicated any significant changes in net profit compared to the previous year[23]. - The company has no derivative investments during the reporting period[25]. - There were no violations regarding external guarantees during the reporting period[27]. - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[28].