龙源电力(00916) - 2022 Q3 - 季度财报

Revenue and Profit - The group reported a revenue of RMB 30.21 billion for the nine months ended September 30, 2022, representing a year-on-year increase of 9.41%[2] - The net profit attributable to equity holders of the company was RMB 5.36 billion, a decrease of 9.33% compared to the same period last year[2] - The company reported a net financial expense of RMB 2.93 billion, compared to RMB 2.60 billion in the previous year[2] - Other income amounted to RMB 851.14 million, slightly up from RMB 811.25 million in the previous year[2] Power Generation - The total electricity generation was 51,453,461 MWh, an increase of 11.84% from the previous year[1] - The total power generation for the nine months ending September 30, 2022, was 51,453,461 MWh, representing an increase of 11.84% compared to 46,008,125 MWh in the same period of 2021[8] - The renewable energy segment saw a significant increase in generation, with 1,347,376 MWh generated, up 87.16% from 719,923 MWh in the previous year[8] - The wind power business generated 42,078,307 MWh, an increase of 13.63% from 37,030,861 MWh in the same period last year[7] - The company’s coal-fired power generation remained stable at 8,027,779 MWh, a slight decrease of 2.78% from 8,257,341 MWh in the previous year[8] Segment Performance - Wind power segment revenue (excluding concession service income) was RMB 20.15 billion, up 6.50% compared to the same period last year[4] - The thermal power segment revenue reached RMB 9.44 billion, reflecting a growth of 15.37% year-on-year[4] - The company reported a total generation capacity of 28,862.25 TWh, which is a 15.95% increase from 24,891.79 TWh year-over-year[6] - The installed capacity for wind power as of September 30, 2022, was 25,711.44 MW, an increase of 14.71% from the previous year[5] Regional Performance - The company experienced a remarkable growth in the Guangxi region, with a generation increase of 305.20%, reaching 1,335,751 MWh compared to 329,649 MWh in the previous year[8] - The Hebei region maintained stable generation at 1,770.10 TWh, showing no change from the previous year[6] - The company reported a 54.82% increase in generation from the Tianjin and Shanxi regions, totaling 1,239.75 TWh compared to 1,041.75 TWh in the previous year[6] - The company’s total generation from other renewable energy sources increased by 111.65%, reaching 1,275.81 TWh compared to 602.80 TWh in the previous year[6] Future Plans - The company plans to continue expanding its renewable energy capacity and exploring new technologies to enhance operational efficiency[3] - The company’s overall performance indicates a strong upward trend in renewable energy generation, aligning with market expansion strategies[8]