长源电力(000966) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥1,835,134,133.83, representing a 14.05% increase compared to the same period last year[8]. - Net profit attributable to shareholders of the listed company was ¥145,493,554.25, a decrease of 1.62% year-on-year[8]. - Net profit attributable to shareholders after deducting non-recurring gains and losses was ¥139,375,182.27, up 47.38% year-on-year[8]. - Basic earnings per share for the reporting period were ¥0.1313, down 1.57% compared to the same period last year[8]. - The weighted average return on equity was 4.35%, a decrease of 0.06% year-on-year[8]. - Net profit for the first nine months of 2018 was ¥175,039,535.32, an increase of 154.52% compared to the previous period, driven by enhanced profitability[18]. - Operating profit for the same period rose by 903.84% to ¥240,824,643.89, attributed to increased operating revenue[18]. - The company’s total profit for the first nine months was ¥247,174,818.53, an increase of 171.21% compared to the previous period[18]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥9,515,171,058.22, an increase of 1.69% compared to the end of the previous year[8]. - Net assets attributable to shareholders of the listed company amounted to ¥3,417,096,451.30, reflecting a growth of 5.36% year-on-year[8]. - As of September 30, 2018, accounts receivable decreased by 35.62% to ¥39,079,341.45 due to a reduction in bank acceptance bills received from State Grid Corporation[16]. - Prepaid accounts increased by 481.40% to ¥300,005,441.01, primarily due to increased coal procurement prepayments[16]. - The company’s deferred income tax assets decreased by 57.86% to ¥6,296,326.06, due to a reduction in deductible temporary differences[16]. Cash Flow - The company reported a net cash flow from operating activities of ¥572,846,218.45, which decreased by 1.79% compared to the same period last year[8]. - Cash and cash equivalents net increase was ¥47,972,047.54, a decrease of 82.10% due to reduced cash flow from financing activities[20]. - The company’s cash flow from operating activities increased by 186.06% to ¥418,525,187.09, mainly due to increased inter-company receivables[19]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 50,684[12]. - The largest shareholder, China Guodian Corporation, held 37.39% of the shares, totaling 414,441,332 shares[12]. Investments and Subsidies - Investment income for the first nine months increased by 163.63% to ¥2,824,139.92, reflecting higher returns from equity method investments[18]. - The company received a total of RMB 41.0777 million in renewable energy price subsidies from the State Grid Corporation for the period from 2015 to January 2017[25]. - The company's subsidiary, Zhonghua Mountain Wind Power Plant, was included in the renewable energy generation project list, qualifying for additional funding[24]. Mergers and Acquisitions - The company completed a merger with China Guodian Corporation, changing its controlling shareholder to State Energy Investment Group[23]. Power Generation - The company completed a total power generation of 48.58 billion kWh in the reporting period, with a cumulative total of 124.6 billion kWh for the first nine months[21].