ZMNY(SH:600163)2023-10-30 16:00Financial Performance - The company's net profit attributable to shareholders increased due to higher electricity sales and operating revenue[12] - Basic earnings per share increased as a result of the rise in net profit attributable to the parent company[12] - Revenue for the current reporting period reached ¥274,019,942.50, representing a 7.41% increase compared to ¥255,118,295.05 in the same period last year[22] - Net profit attributable to shareholders was ¥58,317,647.95, a significant increase of 78.87% from ¥32,284,796.78 year-over-year[22] - The net profit after deducting non-recurring gains and losses was ¥52,286,815.99, reflecting a 61.97% increase compared to ¥31,963,869.69 in the previous year[22] - The basic earnings per share rose to ¥0.0306, up 78.95% from ¥0.0170 in the same period last year[22] - The weighted average return on equity increased to 0.9830%, up 0.3858 percentage points from 0.5914% year-over-year[22] - The net profit attributable to shareholders for the first three quarters of 2023 was ¥384,721,676.85, down from ¥452,846,777.07 in 2022, indicating a decrease of about 15%[39] - The total profit for the first three quarters of 2023 was ¥485,625,860.00, compared to ¥557,959,539.44 in 2022, reflecting a decline of approximately 13%[39] - The company's net profit for the first three quarters of 2023 was ¥167,027,868.48, compared to ¥240,220,418.21 in the previous year, indicating a decrease of about 30.5%[69] Assets and Liabilities - Total assets increased from ¥11,653,776,212.74 to ¥11,686,154,456.74, an increase of ¥32,378,244.00[8] - Non-current assets rose from ¥7,984,647,145.67 to ¥8,017,025,389.67, reflecting an increase of ¥32,378,244.00[8] - Total liabilities increased from ¥5,721,514,515.12 to ¥5,750,653,254.76, an increase of ¥29,138,739.64[8] - The total equity attributable to shareholders rose from ¥5,754,381,654.63 to ¥5,757,617,020.87, an increase of ¥3,235,366.24[8] - The company’s non-current liabilities increased from ¥3,563,407,554.01 to ¥3,872,150,155.03, reflecting an increase of ¥29,138,739.64[17] - Total assets at the end of the reporting period were ¥11,653,776,212.74, a decrease of 4.31% from the previous year's end[22] - Shareholders' equity attributable to the parent company was ¥5,754,381,654.63, showing a 3.57% increase compared to the previous year[22] - The company's total assets as of September 30, 2023, were ¥7,478,389,258.08, up from ¥7,387,935,481.62 at the end of 2022, indicating a growth of about 1.2%[44] - The company's total liabilities as of September 30, 2023, were ¥2,190,637,050.74, compared to ¥2,077,156,140.49 at the end of 2022, reflecting an increase of about 5.5%[44] - Total assets decreased to CNY 11,181,897,626.51 from CNY 11,686,154,456.74, reflecting a decline of approximately 4.32%[58] - Total liabilities increased to CNY 2,190,637,050.74, up from CNY 2,077,156,140.49, indicating a rise of about 5.45%[66] Cash Flow and Liquidity - The company's cash and cash equivalents decreased from ¥1,490,342,704.19 to ¥1,878,503,099.73, indicating a significant change in liquidity[17] - The net cash flow from operating activities for the year-to-date was ¥620,375,506.48, an increase of 17.37% from ¥528,549,808.04 in the previous year[22] - The company's operating cash inflow for the first three quarters of 2023 reached ¥1,018,081,566.15, an increase from ¥883,211,210.95 in the same period of 2022, representing a growth of approximately 15.3%[39] - Cash and cash equivalents at the end of the period were $149.69 million, a decrease from $610.17 million at the beginning of the period, indicating liquidity challenges[47] - The company's cash outflow for operating activities was $2.06 billion, significantly higher than the previous year’s $846.61 million, indicating increased operational costs[47] - Cash flow from investment activities showed a net outflow of CNY 657,731,653.06, compared to a smaller outflow of CNY 105,571,121.32 in the same period last year[63] Operational Efficiency - The company's financial expenses for the first three quarters of 2023 amounted to ¥81,096,292.78, a decrease from ¥106,140,378.94 in the previous year, showing a reduction of about 23.6%[39] - The financial expenses increased to ¥7,788,178.74 in 2023 from ¥2,170,703.24 in 2022, marking an increase of approximately 259.5%[67] - The company's management expenses rose to ¥17,395,989.84 in 2023, compared to ¥3,245,237.18 in 2022, which is an increase of approximately 436.5%[67] - The company incurred interest expenses of ¥10,439,766.81 in 2023, significantly higher than ¥2,984,323.06 in 2022, representing an increase of approximately 250.5%[67] Investment and Market Activity - The company reported a total of 19,868,963 shares held by Yunnan Energy Investment Co., Ltd. in its ordinary securities account[14] - The company did not report any new product developments or market expansion strategies during the conference call[72]