ZZEPC(SH:600023)2019-10-29 16:00Financial Performance - Operating revenue for the first nine months decreased by 7.86% to CNY 39,655,555,222.64 compared to the same period last year[5]. - Net profit attributable to shareholders decreased by 3.39% to CNY 3,626,867,660.70 compared to the same period last year[5]. - The company's operating revenue for the reporting period was CNY 39.66 billion, a decrease of 7.86% compared to CNY 43.04 billion in the previous year, primarily due to a decline in power generation[10]. - The basic earnings per share decreased by 3.57% to CNY 0.27 compared to the same period last year[5]. - Total operating revenue for Q3 2019 was approximately ¥13.76 billion, a decrease of 9.87% compared to ¥15.27 billion in Q3 2018[21]. - Net profit for Q3 2019 was approximately ¥1.34 billion, a decrease of 13.46% compared to ¥1.55 billion in Q3 2018[22]. - The total profit for Q3 2019 was approximately ¥1.67 billion, a decrease of 5.83% compared to ¥1.78 billion in Q3 2018[22]. - The total comprehensive income for Q3 2019 was approximately ¥1.21 billion, a decrease of 46.06% compared to ¥2.25 billion in Q3 2018[23]. Cash Flow - The net cash flow from operating activities increased by 17.63% to CNY 8,115,981,138.53 compared to the same period last year[5]. - The net cash flow from operating activities for the first three quarters of 2019 was CNY 121,700,837.88, a decrease of 55.2% compared to CNY 271,955,714.27 in the same period of 2018[30]. - The total cash inflow from investment activities was CNY 4,318,330,125.93, an increase from CNY 3,106,148,618.83 year-over-year[32]. - The net cash flow from financing activities was -CNY 2,419,353,798.63, compared to -CNY 2,373,295,375.86 in the previous year, indicating a worsening cash outflow situation[32]. - The cash flow from investment activities showed a net inflow of CNY 2,792,426,250.77, a significant increase from CNY 849,750,893.61 year-over-year[32]. Assets and Liabilities - The company's net assets attributable to shareholders increased by 3.06% to CNY 63,070,540,073.32 compared to the end of the previous year[5]. - The total assets amounted to CNY 109.82 billion, a slight increase from CNY 109.70 billion at the end of the previous year[14]. - Total liabilities decreased from CNY 40,543,777,787.30 to CNY 38,583,917,178.05, a reduction of approximately 4.5%[15]. - The total equity attributable to shareholders increased from CNY 61,195,455,409.35 to CNY 63,070,540,073.32, reflecting a growth of about 3.1%[16]. - The company's inventory increased from CNY 56,743,563.11 to CNY 81,036,537.01, a rise of approximately 42.9%[17]. - Total liabilities reached approximately ¥40.54 billion, with current liabilities at ¥16.42 billion and non-current liabilities at ¥24.13 billion[35]. Shareholder Information - The number of shareholders at the end of the reporting period was 183,739[8]. - The largest shareholder, Zhejiang Energy Group Co., Ltd., holds 68.48% of the shares, amounting to 9,312,667,001 shares[8]. Other Income and Expenses - The company recorded non-operating income of CNY 36,160,829.97 for the reporting period[7]. - The company reported a total of CNY 201,434,416.13 in government subsidies recognized during the first nine months[6]. - R&D expenses for Q3 2019 were approximately ¥19.79 million, a significant decrease of 62.05% from ¥52.19 million in Q3 2018[21]. - The company's tax expenses for Q3 2019 were approximately ¥329.53 million, an increase of 47.00% compared to ¥224.29 million in Q3 2018[22].