HTGF(SH:600864)2023-10-27 16:00Financial Performance - Total revenue for the reporting period was ¥303,988,613.62, an increase of 2.33% compared to ¥297,081,382.18 in the same period last year[1] - Operating income decreased by 10.08% to ¥62,485,262.87 from ¥69,492,569.46 year-over-year[1] - Net profit attributable to shareholders was a loss of ¥71,140,763.41, improving from a loss of ¥306,047,251.31 in the previous year[1] - Basic earnings per share were -¥0.03, an improvement from -¥0.15 in the same period last year[1] - The company reported a total comprehensive income of ¥177,925,601.10, compared to a loss of ¥935,786,619.28 in the previous year[4] - Total operating revenue for the first three quarters of 2023 reached CNY 1,836,686,576.98, an increase from CNY 1,700,285,380.09 in the same period of 2022, representing a growth of approximately 8.0%[28] - Operating income for the first three quarters of 2023 was CNY 1,056,248,208.97, compared to CNY 991,106,703.80 in 2022, reflecting an increase of about 6.6%[28] - The company reported a net profit of CNY 271,910,942.42 for the first three quarters of 2023, a significant improvement from a loss of CNY 148,670,028.09 in the same period of 2022[34] - Basic earnings per share for the first three quarters of 2023 were CNY 0.02, compared to a loss of CNY 0.31 per share in the same period of 2022[30] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was ¥798,510,800.80, compared to a loss of ¥1,137,560,633.95 in the same period last year[1] - The net cash flow from operating activities for the first three quarters of 2023 was ¥798,510,800.80, compared to a negative cash flow of ¥1,000,860,870.67 in the same period of 2022[57] - Total cash inflow from operating activities reached ¥5,093,956,795.15, an increase from ¥2,910,820,395.13 in the previous year[57] - Cash outflow from operating activities totaled ¥4,295,445,994.35, up from ¥3,911,681,265.80 in the prior year[57] - The net cash flow from investment activities was negative at ¥162,313,328.28, slightly worse than the negative ¥154,956,064.19 recorded in the same period last year[58] - Cash inflow from investment activities amounted to ¥2,178,309,488.55, compared to ¥1,381,203,308.64 in the previous year[58] - Cash outflow from financing activities was ¥4,429,283,654.34, compared to ¥4,023,450,073.63 in the same period of 2022[58] - The net cash flow from financing activities was negative at ¥1,079,193,654.34, contrasting with a positive cash flow of ¥570,289,926.37 in the previous year[58] - The total cash and cash equivalents at the end of the period stood at ¥7,787,638,161.09, down from ¥7,659,691,941.79 at the end of the previous year[58] Assets and Liabilities - Total assets at the end of the reporting period were ¥34,743,754,802.69, a slight increase of 0.21% from ¥34,672,360,728.39 at the end of the previous year[1] - Total liabilities as of September 30, 2023, were CNY 22,592,136,386.54, compared to CNY 22,619,371,893.36 at the end of 2022, indicating a decrease of approximately 0.1%[28] - The total assets as of January 1, 2023, reached RMB 14,369,459,329.77[37] - The total liabilities amounted to approximately ¥1,446.27 billion, with current liabilities at ¥646.73 billion and non-current liabilities at ¥799.54 billion[70] - The total equity attributable to shareholders was approximately ¥12,923.19 billion, showing a slight decrease of ¥223.97 million compared to the previous period[70] - The total liabilities for the company included short-term borrowings of 1,356,596,699.50 RMB, down from 1,932,993,107.91 RMB[80] Strategic Developments - The company completed the acquisition of 100% equity in Harbin Zhengye Thermal Power Co., Ltd. in May 2023, which has been included in the financial statements for this reporting period[10] - The company’s management indicated a focus on market expansion and new product development as part of its future strategy[10] - The company plans to continue expanding its market presence and developing new products and technologies in the upcoming quarters[29] Accounting and Reporting Changes - The company has implemented new accounting standards effective January 1, 2023, which may impact future financial reporting[23] - The company has not made significant changes to its accounting policies that would impact its financial condition or operating results[50] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 64,522, with the largest shareholder holding 36.96% of the shares[46]