HTGF(SH:600864)2022-10-26 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥69,492,569.46, a decrease of 12.68% compared to the same period last year[6] - The net profit attributable to shareholders was -¥306,047,251.31, representing a decline of 484.17% year-on-year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥316,626,393.73, down 580.24% from the previous year[6] - The basic earnings per share for the reporting period was -¥0.15, a decrease of 475.00% year-on-year[6] - The diluted earnings per share also stood at -¥0.15, reflecting a similar decline of 475.00%[6] - Net profit for the third quarter of 2022 was a loss of CNY 704,082,516.92, compared to a profit of CNY 185,455,710.66 in the same quarter of 2021[32] - The net profit attributable to the parent company was -642.76 million, compared to a profit of 208.30 million in the previous period[34] - The total comprehensive income amounted to -935.34 million, a significant decrease from -237.86 million in the prior period[34] - Basic and diluted earnings per share were both -0.31, down from 0.10 in the previous period[34] Assets and Liabilities - The total assets at the end of the reporting period were ¥35,710,186,972.55, a decrease of 3.68% from the end of the previous year[9] - The equity attributable to shareholders decreased by 7.14% to ¥12,315,898,891.74 compared to the end of the previous year[9] - Total liabilities amounted to CNY 23,351,228,670.62, a slight decrease from CNY 23,709,289,543.16 year-over-year[28] - Non-current liabilities totaled CNY 4,641,783,204.15, showing a marginal increase from CNY 4,609,681,983.32[28] - The company's total assets were CNY 35,710,186,972.55, down from CNY 37,076,409,824.35 in the previous year[28] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥1,137,560,633.95, a decrease of 316.87% compared to the previous year[6] - Cash inflow from operating activities was 2.77 billion, compared to 1.16 billion in the same period last year[40] - Cash outflow from operating activities totaled 3.91 billion, leading to a net cash flow from operating activities of -1.14 billion[40] - Cash inflow from financing activities was 4.58 billion, a substantial increase from 827.89 million in the previous year[42] - The net cash flow from financing activities was 696.99 million, contrasting with a negative flow of -1.92 billion in the same period last year[42] - The company reported a cash and cash equivalents balance of 7.65 billion at the end of the period, down from 7.87 billion a year earlier[42] - The company received 1.35 billion in cash from investment recoveries, an increase from 1.15 billion in the previous year[40] - The company incurred a net cash outflow from investment activities of -143.09 million, an improvement from -230.96 million in the prior period[40] Shareholder Information - The total number of common shareholders at the end of the reporting period was 56,971[14] - The largest shareholder, Harbin Investment Group Co., Ltd., holds 768,891,438 shares, accounting for 36.96% of total shares[14] - The second-largest shareholder, Heilongjiang Dazheng Investment Group Co., Ltd., holds 226,615,280 shares, representing 10.89%[14] Operational Highlights - The total revenue for the subsidiary Jianghai Securities in the reporting period was ¥22,832.28 million, with a net profit of -¥23,680.62 million attributable to the parent company[13] - The company reported a significant decrease in net profit due to market fluctuations affecting the fair value changes of financial assets and increased costs in the thermal power business due to rising coal prices[12] - The company's total current assets as of September 30, 2022, amounted to 29,287,222,140.79 RMB, slightly down from 29,305,046,138.33 RMB at the end of 2021[23] - Cash and cash equivalents decreased from 6,868,788,568.53 RMB at the end of 2021 to 6,088,578,402.88 RMB by September 30, 2022[23] - The company has a total of 515,000,000 RMB in guarantees, primarily for Heilongjiang Suibao Thermal Power Co., Ltd.[19] - The company has issued short-term loans totaling 30,000,000 RMB, with an annualized return rate of 3.70%[18] - The company reported a decrease in receivables from 422,631,667.51 RMB to 111,255,361.76 RMB in other receivables[23] - The company has a significant investment in trading financial assets, which increased from 13,965,028,890.63 RMB to 14,693,339,469.31 RMB[23] - The company has not completed the obligations for several guarantees, indicating ongoing financial commitments[19] Quarterly Performance - Total operating revenue for the first three quarters of 2022 was CNY 1,700,285,380.09, a decrease of 14.4% compared to CNY 1,986,153,695.64 in the same period of 2021[32] - Operating income for the first three quarters of 2022 was CNY 991,106,703.80, down from CNY 1,059,510,237.95, reflecting a decline of 6.4%[32] - The total operating costs for the first three quarters of 2022 were CNY 2,110,186,043.05, nearly unchanged from CNY 2,111,352,911.45 in the previous year[32] - The company recorded an investment income of CNY 223,755,955.93, a recovery from a loss of CNY 82,229,052.94 in the same period of 2021[32] - Deferred income tax assets increased to CNY 627,945,007.20 from CNY 489,520,078.50, indicating a growth of 28.4%[28] - The company reported a significant increase in short-term borrowings, rising to CNY 1,820,224,330.19 from CNY 610,860,143.39[28]