2019-10-29 16:00Financial Performance - Net profit attributable to shareholders was CNY 1.04 billion, an increase of 13.54% year-on-year[5]. - Operating revenue for the first nine months reached CNY 22.99 billion, up 3.50% from the same period last year[5]. - Basic earnings per share were CNY 0.34, reflecting a growth of 13.33% year-on-year[6]. - Total operating revenue for Q3 2019 reached ¥7,148,105,321.23, a 26.8% increase from ¥5,634,497,724.51 in Q3 2018[25]. - Net profit for Q3 2019 was ¥324,243,169.41, compared to ¥382,915,929.44 in Q3 2018, reflecting a decrease of 15.3%[26]. - Total comprehensive income for Q3 2019 was ¥340,470,922.99, compared to ¥399,008,131.87 in Q3 2018, indicating a decline of 14.7%[27]. - The company reported a total profit of approximately ¥378,890,014.08 in Q3 2019, a decrease from ¥407,889,062.22 in Q3 2018[26]. Cash Flow - The company generated a net cash flow from operating activities of -CNY 2.67 billion, a decline of 186.80% compared to the previous year[5]. - Operating cash flow for the first three quarters was negative at -¥2,672,494,976.80, a significant decline from positive cash flow of ¥3,079,050,848.90 in the previous year, representing a decrease of 186.80%[41]. - The net cash flow from investment activities was -¥114,896,454.66, compared to a positive cash flow of ¥828,107,149.87 in the same period last year[33]. - The net cash flow from financing activities was -¥340,800,360.95, down from -¥942,336,415.78 in the previous year[34]. - Cash inflow from operating activities totaled 20,283,254,632.97 RMB, down from 27,032,610,488.28 RMB year-over-year, reflecting a decrease of approximately 25.2%[66]. - The net cash flow from operating activities for Q3 2019 was -2,084,557,782.90 RMB, an improvement from -2,905,112,590.41 RMB in Q3 2018[69]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 89.12 billion, a decrease of 2.41% compared to the end of the previous year[5]. - Total liabilities decreased from 60.63 billion to 57.65 billion, a reduction of approximately 4.9%[19]. - Current liabilities decreased from 52.70 billion to 49.47 billion, a decline of about 6.8%[19]. - Total assets decreased to ¥89,118,646,878.66 from ¥91,323,329,417.78 year-on-year[18]. - Cash and cash equivalents decreased to ¥25,927,208,995.70 from ¥29,346,448,438.05 year-on-year[17]. - The total current assets amounted to ¥69.96 billion, down from ¥73.56 billion, reflecting a decrease of about 4.06%[53]. Research and Development - R&D expenses surged by 85.67% to ¥1,207,632,425.38, reflecting increased investment in research and development[13]. - Research and development expenses increased to ¥421,699,668.11 in Q3 2019, up 92.5% from ¥218,883,224.67 in Q3 2018[25]. - The company plans to continue investing in R&D to enhance product offerings and market competitiveness[61]. Orders and Production - New orders amounted to CNY 26.12 billion, representing a growth of 14.4% year-on-year, with clean and efficient energy equipment accounting for 28% of new orders[11]. - The company produced 15.03 million kilowatts of power generation equipment, a decrease of 17.6% compared to the same period last year[11]. - The company added 14 hydroelectric units with a capacity of 293.62 MW during the first three quarters, contributing to its production capabilities[47]. Shareholder Information - The total number of shareholders at the end of the reporting period was 126,662[8]. - The net assets attributable to shareholders increased by 2.53% to ¥29,305,855,020.71 from ¥28,584,050,995.80 year-on-year[41]. - The largest shareholder held 55.91% of the shares[44].