TBEA(SH:600089)2020-10-30 16:00Financial Performance - Operating revenue for the first nine months reached CNY 29.48 billion, a 15.83% increase year-on-year[4] - Net profit attributable to shareholders decreased by 6.71% to CNY 1.56 billion for the first nine months[4] - The company reported a basic earnings per share of CNY 0.4188, down 6.73% from the previous year[4] - Total operating revenue for Q3 2020 reached ¥11.53 billion, a 37.5% increase from ¥8.40 billion in Q3 2019[33] - Net profit attributable to shareholders for Q3 2020 was ¥635.68 million, up from ¥619.77 million in Q3 2019, representing a 2.9% increase[38] - The company’s net profit for the first three quarters of 2020 was ¥1.82 billion, down from ¥1.92 billion in the same period of 2019, a decrease of 6.4%[36] - The total comprehensive income for Q3 2020 was CNY 950.03 million, an increase from CNY 680.14 million in Q3 2019[39] - The total comprehensive income for the first three quarters of 2020 was CNY 1.95 billion, slightly down from CNY 1.97 billion in the same period of 2019[39] Assets and Liabilities - Total assets increased by 9.69% to CNY 112.13 billion compared to the end of the previous year[4] - The company's financial assets decreased by 34.43% to ¥936,748,071.25 compared to the end of 2019, primarily due to a reduction in structured deposits[11] - The total liabilities due within one year increased by 89.36% to ¥3,821,577,405.95, mainly due to the reclassification of long-term borrowings[12] - Total liabilities increased to CNY 67,230,860,646.39 from CNY 59,196,982,203.89, reflecting a growth of approximately 11.5% year-over-year[27] - The company's equity attributable to shareholders rose to CNY 36,294,446,284.58, up from CNY 34,883,633,769.77, indicating an increase of about 4%[27] - The total liabilities and equity reached CNY 112,133,572,052.47, up from CNY 102,224,702,781.57, indicating an increase of about 9.5%[27] Cash Flow - Net cash flow from operating activities was CNY 1.96 billion, a significant recovery from a negative cash flow of CNY -387.82 million in the same period last year[4] - The net cash flow from operating activities for the first three quarters of 2020 was ¥1,958,218,407.30, a significant increase of ¥2,346,037,497.02 compared to the same period in 2019[16] - Cash received from sales of goods and services was CNY 30,976,471,489.76, an increase from CNY 29,505,854,979.08 in the previous year[44] - Total cash inflow from operating activities for the first three quarters of 2020 was CNY 32,285,467,136.59, an increase from CNY 30,701,251,723.92 in the same period of 2019[44] - Cash inflow from investment activities totaled CNY 2,213,370,333.24, compared to CNY 498,774,261.77 in the previous year, indicating a substantial increase[46] - Total cash inflow from financing activities was CNY 14,936,151,495.01, down from CNY 18,996,030,765.51 in the previous year[47] Shareholder Information - The total number of shareholders reached 230,699 by the end of the reporting period[6] - Xinjiang TBEA Group Co., Ltd. holds 12.03% of the shares, making it the largest shareholder[6] Research and Development - R&D expenses rose by 68.47% to ¥555,849,686.53, driven by multiple projects aimed at improving coal extraction and power generation efficiency[13] - Research and development expenses for Q3 2020 were ¥311.05 million, significantly higher than ¥109.58 million in Q3 2019, marking a 184.5% increase[35] Financial Expenses - Financial expenses doubled to ¥896,607,243.14, mainly due to interest capitalization from ongoing construction projects[13] - Financial expenses for Q3 2020 were ¥375.44 million, significantly higher than ¥67.80 million in Q3 2019, representing a 453.5% increase[35] Government Support - The company received government subsidies amounting to CNY 178.42 million during the first nine months[5]