2021-10-26 16:00Financial Performance - Operating revenue for Q3 2021 was CNY 49,889,865,731, representing a 16.82% increase compared to CNY 42,705,812,476 in the same period last year[5] - Net profit attributable to shareholders was a loss of CNY 3,499,249,295, a decrease of 203.05% from a profit of CNY 3,395,663,635 in the previous year[5] - The net profit after deducting non-recurring gains and losses was a loss of CNY 3,656,942,803, reflecting a significant decline of 97.61% compared to CNY 8,851,504,370 in the same period last year[5] - Basic earnings per share were -CNY 0.26, a decrease of 244.44% from CNY 0.18 in the previous year[5] - The net profit attributable to the parent company's shareholders for Q3 2021 was ¥782,886,659, compared to ¥9,127,930,870 in the same period of 2020, indicating a significant decline[21] - The total comprehensive income for Q3 2021 was ¥774,180,332, down from ¥11,024,936,370 in Q3 2020[21] Cash Flow - Cash flow from operating activities was not applicable, with a year-to-date net cash flow of CNY 22,794,446,279, down 16.40% from CNY 27,267,650,082 last year[5] - The net cash flow from operating activities for Q3 2021 was ¥22,794,446,279, down from ¥27,267,650,082 in Q3 2020[23] - Cash inflow from operating activities for the first three quarters of 2021 was ¥163,010,668,144, an increase from ¥130,596,312,102 in the same period of 2020[23] - Cash inflow from financing activities in Q3 2021 totaled ¥170,199,893,489, compared to ¥153,363,053,881 in Q3 2020[24] - The net cash flow from financing activities for Q3 2021 was ¥5,441,478,302, a significant increase from ¥83,255,199 in Q3 2020[24] - The company reported a cash outflow from investment activities of ¥27,101,622,134 for Q3 2021, compared to a cash outflow of ¥26,136,193,874 in the same period of 2020[23] - The company received cash from the issuance of bonds amounting to ¥41,800,000,000 in Q3 2021, compared to ¥12,188,307,452 in the same period of 2020[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 453,462,575,652, an increase of 3.48% from CNY 438,205,752,374 at the end of the previous year[5] - Current assets totaled CNY 71,544,638,556 as of September 30, 2021, compared to CNY 66,137,631,313 in the previous year, reflecting an increase of approximately 8.0%[18] - The total liabilities of the company as of September 30, 2021, were CNY 315,615,919,972, compared to CNY 296,730,398,479 at the end of 2020[19] - The company's short-term borrowings rose by 11.17%, with an increase of 7.84 billion RMB in credit borrowings[10] - The company's short-term borrowings increased to CNY 73,718,402,459 from CNY 66,311,160,062, marking an increase of about 6.5%[19] Operating Costs and Revenue - The company's operating revenue increased by 19.00% due to a rise in domestic electricity sales[10] - The company reported a 36.53% increase in operating costs, attributed to rising fuel prices and increased power generation[10] - Total operating revenue for the first three quarters of 2021 reached CNY 145,005,454,078, an increase from CNY 121,854,667,793 in the same period of 2020, representing a growth of approximately 19.0%[20] - Total operating costs for the first three quarters of 2021 were CNY 145,530,938,087, compared to CNY 109,535,824,256 in 2020, indicating an increase of about 32.8%[20] Research and Development - Research and development expenses surged by 83.80%, reflecting increased investment in core business initiatives[10] - Research and development expenses for the first three quarters of 2021 were CNY 301,035,184, up from CNY 163,783,720 in the same period of 2020, indicating an increase of approximately 83.8%[20] Equity and Shareholder Information - Shareholders' equity attributable to the parent company decreased by 4.04% to CNY 121,698,538,280 from CNY 116,779,970,398 last year[5] - The number of common shareholders reached 105,214 by the end of the reporting period[11] Other Financial Metrics - The company experienced a significant decrease in weighted average return on equity, dropping by 11.44 percentage points to -1.14% from 10.30% in the previous year[5] - Non-recurring gains and losses totaled CNY 157,693,508 for the current period, compared to CNY 571,479,195 for the year-to-date[7] - The company reported government subsidies of CNY 143,263,936, which are closely related to normal business operations[7] - The fair value of derivative financial assets increased by 635.64%, driven by significant price increases in HSFO[9] - The company's inventory rose by 14.38% due to a substantial increase in coal prices[9] - Long-term equity investments increased by 4.50%, with additional investments totaling 580 million RMB in joint ventures[9]