Shenergy(SH:600642)2023-10-30 16:00Financial Performance - Q3 2023 operating revenue was CNY 7,986,785,542.57, a decrease of 3.10% year-on-year[3] - Net profit attributable to shareholders for Q3 2023 reached CNY 656,711,265.63, an increase of 96.87% year-on-year[3] - Net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was CNY 811,539,362.54, up 345.82% year-on-year[3] - Basic earnings per share for Q3 2023 was CNY 0.135, a rise of 95.65% year-on-year[4] - Net profit for Q3 2023 was ¥2,957,342,363.59, a significant increase of 139.5% compared to ¥1,234,133,225.34 in Q3 2022[18] - Earnings per share for Q3 2023 were ¥0.514, up from ¥0.234 in Q3 2022, reflecting a growth of 119.3%[19] - The company reported a total profit of ¥3,287,566,355.01 for Q3 2023, compared to ¥1,429,364,741.22 in Q3 2022, reflecting a growth of 130.0%[18] - Net profit for the first three quarters of 2023 reached ¥1,209,144,305.64, compared to ¥511,042,090.42 in the same period of 2022, representing an increase of approximately 136.4%[28] Cash Flow - Cash flow from operating activities for Q3 2023 was CNY 2,470,202,772.75, an increase of 76.99% year-on-year[4] - The net cash flow from operating activities for the first three quarters of 2023 was ¥6,126,334,018.90, an increase of 39.8% compared to ¥4,382,774,330.52 in the same period of 2022[21] - Total cash inflow from operating activities reached ¥25,116,009,425.61, up from ¥24,517,092,366.73, reflecting a growth of 2.4% year-over-year[21] - Cash outflow from operating activities decreased to ¥18,989,675,406.71 from ¥20,134,318,036.21, a reduction of 5.7%[21] - Cash flow from operating activities showed a net outflow of ¥79,026,370.21, an improvement from a net outflow of ¥397,041,685.37 in the previous year[29] - Cash flow from investing activities yielded a net inflow of ¥777,750,809.84, contrasting with a net outflow of ¥1,237,581,694.52 in the same period last year[29] - Cash outflow from financing activities decreased to ¥16,103,524,117.31 from ¥22,175,931,551.40, a decline of 27.4%[22] - The net cash flow from financing activities was -¥2,465,055,656.36, compared to -¥1,494,717,996.84 in the same period last year[22] Assets and Liabilities - Total assets at the end of Q3 2023 amounted to CNY 91,041,619,160.47, an increase of 1.27% compared to the end of the previous year[4] - Total current assets as of September 30, 2023, amount to ¥23,271,916,417.24, an increase from ¥22,485,237,926.18 at the end of 2022[12] - Total assets as of September 30, 2023, are ¥91,041,619,160.47, compared to ¥89,899,667,652.03 at the end of 2022[14] - Total liabilities decreased slightly to ¥50,802,648,595.65 from ¥51,738,778,588.43 year-on-year[16] - The total liabilities as of September 30, 2023, were ¥6,202,153,291.94, slightly down from ¥6,288,521,831.81[24] - Total liabilities decreased from ¥9,993,504,953.21 to ¥9,902,622,719.06, a reduction of approximately 0.91%[25] - Total equity increased to ¥40,238,970,564.82, up from ¥38,160,889,063.60 in the previous year, indicating a growth of 5.5%[16] - Total equity increased from ¥27,702,944,577.57 to ¥28,178,240,224.16, reflecting a growth of about 1.72%[25] Investment and Expenses - Investment income for the first three quarters of 2023 was ¥1,245,226,502.80, compared to ¥452,416,016.54 in the same period of 2022, marking a growth of 175.1%[17] - Research and development expenses increased to ¥6,200,921.20 in the first three quarters of 2023, up from ¥3,797,373.54 in the same period of 2022, representing a rise of 63.3%[17] - Investment income surged to ¥1,529,140,909.16, up from ¥810,479,642.24, indicating an increase of approximately 88.4%[26] Shareholder Information - Total number of common shareholders at the end of the reporting period is 98,118[9] - The largest shareholder, Sheneng Group Co., Ltd., holds 2,626,545,766 shares, accounting for 53.50% of total shares[9] Other Information - The increase in net profit for Q3 2023 was primarily due to higher profits in the power industry and a decrease in the fair value of financial assets[8] - Non-recurring gains and losses for Q3 2023 included government subsidies of CNY 53,917,328.86[5] - The weighted average return on equity for Q3 2023 was 2.04%, an increase of 0.96 percentage points year-on-year[4] - The company has not reported any significant new strategies or product developments in the current quarter[11]