金开新能(600821) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥505,334,788.97, representing a year-over-year increase of 40.94%[6] - The net profit attributable to shareholders for Q3 2021 was ¥113,619,704.26, showing a significant increase of 221.84% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥108,871,452.54, up 291.51% year-over-year[10] - The basic earnings per share for Q3 2021 was ¥0.07, reflecting a 40.00% increase compared to the previous year[10] - The company's net profit attributable to shareholders increased to CNY 1,087.09 million, reflecting a significant rise due to the completion of a major asset restructuring in 2020[19] - Basic and diluted earnings per share both rose to CNY 500.00, indicating improved profitability for common shareholders[19] - Net profit for Q3 2021 was ¥349,894,042.56, compared to ¥204,084,154.87 in Q3 2020, representing a 71% increase[42] - Total comprehensive income attributable to the parent company reached ¥332,574,096.87, a significant increase from ¥28,015,938.38 in the same period last year[44] - Basic and diluted earnings per share were both ¥0.24, compared to ¥0.04 in the previous year, indicating a substantial growth in profitability[44] Assets and Equity - The total assets at the end of the reporting period were ¥20,369,395,390.36, an increase of 42.23% from the end of the previous year[10] - The company's total assets increased to ¥20,369,395,390.36, up from ¥14,321,756,533.84, marking a 42% growth[36] - Non-current assets totaled ¥15,777,428,187.08, compared to ¥10,717,081,950.11 in the previous year, indicating a 47% increase[36] - The equity attributable to shareholders increased to ¥4,815,372,427.76, marking a 52.40% rise year-over-year[10] - The company's equity increased to ¥5,101,871,507.01, compared to ¥3,431,065,261.21, a growth of 48%[36] - The equity attributable to shareholders totaled CNY 3,159,713,133.93, remaining unchanged[55] Liabilities - Total liabilities rose to ¥15,267,523,883.35, up from ¥10,890,691,272.63, reflecting a 40% increase[36] - The total liabilities decreased to CNY 10,890,691,272.63 from CNY 11,067,463,716.13, a reduction of CNY 176,772,443.50[55] - Long-term borrowings amounted to ¥11,471,625,046.45, up from ¥8,517,234,831.42, representing a 35% increase[36] - Long-term borrowings increased to CNY 8,517,234,831.42 from CNY 8,215,801,661.68, an increase of CNY 301,433,169.74[55] Cash Flow - The cash flow from operating activities for the year-to-date was ¥329,427,529.59, down 14.13% compared to the previous year[10] - Cash inflow from operating activities totaled ¥851,238,430.20, up from ¥628,713,941.54 year-over-year, reflecting improved operational efficiency[48] - Net cash flow from operating activities was ¥329,427,529.59, a decrease from ¥383,614,401.79 in the previous year, suggesting increased cash outflows[48] - Cash outflow from investing activities amounted to ¥6,596,942,226.36, compared to ¥4,963,111,472.28 in the same period last year, indicating higher investment expenditures[48] - Net cash flow from financing activities was ¥2,561,697,424.70, an increase from ¥1,405,639,877.68, reflecting stronger financing activities[51] - The total cash and cash equivalents at the end of the period were ¥573,105,110.20, down from ¥813,154,647.01, indicating a decrease in liquidity[51] - The company experienced a net decrease in cash and cash equivalents of ¥418,534,745.34 during the period, contrasting with an increase of ¥186,311,835.28 in the same period last year[51] Investments and Market Strategy - The company reported a significant increase in accounts receivable by 46.09%, attributed to increased power generation and subsidies[16] - The company’s long-term equity investments surged by 577.56%, indicating increased investments in joint ventures[16] - The company plans to continue expanding its market presence and investing in new projects to sustain growth[16] - Cash flow from investing activities netted CNY 106.47 million, reflecting increased investments in long-term assets[19] - Cash received from sales of goods and services was ¥841,096,417.49, compared to ¥609,826,429.16 in the previous year, showing a growth in revenue generation[44] Cost Management - Operating costs increased by 32.14%, correlating with the rise in power generation capacity[19] - Total operating costs for Q3 2021 were ¥1,002,001,020.04, up from ¥835,335,769.95 year-over-year, reflecting a 20% increase[39] - The company reported a decrease in sales and R&D expenses, both at 100% reduction for the reporting period[19] Accounting and Financial Reporting - The company recognized right-of-use assets and lease liabilities of CNY 65,231.35 million and CNY 53,322.20 million respectively as of January 1, 2021[59] - The weighted average interest rate used for discounting lease payments was 4.79%[59] - The company has implemented a unified accounting model for leases, affecting the recognition of right-of-use assets and liabilities[57]