上海电力(600021) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter was ¥11,679,245,336.67, a decrease of 6.15% compared to the same period last year[5]. - Total profit for the quarter reached ¥2,229,226,403.23, reflecting an increase of 7.85% year-on-year[5]. - The net profit attributable to shareholders was ¥1,140,541,197.69, showing a slight increase of 0.80% compared to the previous year[5]. - The basic earnings per share for the quarter was ¥0.3776, which is a decrease of 0.85% year-on-year[6]. - The weighted average return on equity was 5.18%, a decrease of 0.24 percentage points compared to the previous year[6]. - Total operating revenue for the first three quarters of 2025 was CNY 32,154,106,273.03, a decrease of 1.26% compared to CNY 32,565,921,071.98 in the same period of 2024[21]. - Net profit for the first three quarters of 2025 reached CNY 5,160,992,139.28, an increase of 17.66% compared to CNY 4,385,395,646.43 in 2024[22]. - Operating profit improved to CNY 6,261,169,549.91, up from CNY 5,287,752,702.32 in the previous year, reflecting a growth of 18.43%[22]. - The company reported a total comprehensive income of CNY 5,040,529,274.03 for the first three quarters of 2025, compared to CNY 4,345,549,143.77 in 2024, indicating an increase of 16.01%[23]. Assets and Liabilities - Total assets at the end of the quarter amounted to ¥200,857,324,066.35, representing a 6.06% increase from the end of the previous year[6]. - The company's total assets increased to CNY 200,857,324,066.35, compared to CNY 189,377,708,919.86 at the end of the previous year, marking a growth of 6.93%[19]. - Total liabilities rose to CNY 140,203,236,733.26, up from CNY 136,157,030,712.59, indicating a growth of 2.26%[19]. - The total liabilities increased to CNY 38,371,421,942.78 in 2025 from CNY 36,742,630,066.15 in 2024, reflecting a growth of 4.44%[30]. - The total equity decreased slightly to CNY 23,018,729,689.71 in 2025 from CNY 23,037,068,127.82 in 2024, indicating a marginal decline of 0.08%[30]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥12,428,628,141.43, an increase of 65.52% compared to the same period last year[6]. - Cash flow from operating activities for the first three quarters of 2025 reached CNY 12.43 billion, a significant increase of 65.5% compared to CNY 7.51 billion in the same period of 2024[25]. - Total cash inflow from operating activities was CNY 35.02 billion, up from CNY 33.38 billion year-over-year, reflecting a growth of 4.9%[26]. - Cash outflow from operating activities decreased to CNY 22.59 billion from CNY 25.87 billion, indicating a reduction of 12.5%[26]. - The company's cash and cash equivalents at the end of September 2025 totaled CNY 8.98 billion, up from CNY 7.63 billion at the end of 2024, representing a growth of 17.8%[27]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 189,539[13]. - The largest shareholder, State Power Investment Corporation, holds 1,251,588,074 shares, representing 44.36% of total shares[13]. - The top ten shareholders hold a significant portion of shares, with the top two alone accounting for 57.24%[14]. - No changes in the shareholding structure due to securities lending activities were reported[14]. Investment Activities - Investment activities generated a net cash outflow of CNY 9.47 billion, worsening from a net outflow of CNY 7.64 billion in the previous year[27]. - The investment activities generated a net cash outflow of CNY 15,412,430.17 in 2025, an improvement from a net outflow of CNY 345,554,170.63 in 2024[35].