CTGR(SH:600905)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥3,262,671,500.37, representing a year-on-year increase of 32.48%[4] - The net profit attributable to shareholders for the same period was ¥723,641,803.54, a slight decrease of 1.27% compared to the previous year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥730,598,707.08, showing a year-on-year increase of 10.63%[4] - The net profit for the first nine months of 2021 was ¥3,998,136,615.99, a year-on-year increase of 42.22%[9] - Net profit for the third quarter of 2021 was ¥4,305,585,337.44, up from ¥3,021,606,238.89 in the same quarter of 2020, reflecting a growth of approximately 42.5%[24] - Total operating revenue for the first three quarters of 2021 reached ¥11,148,009,591.46, a significant increase from ¥8,098,241,231.77 in the same period of 2020, representing a growth of approximately 37.8%[22] Assets and Liabilities - The total assets at the end of Q3 2021 reached ¥196,549,279,656.37, an increase of 37.86% from the end of the previous year[5] - The total assets as of the end of the third quarter of 2021 amounted to ¥196,549,279,656.37, compared to ¥142,576,355,736.68 at the end of the third quarter of 2020, marking an increase of about 37.8%[21] - Total liabilities reached ¥123,505,427,311.23 in the third quarter of 2021, up from ¥96,140,887,684.68 in the same period of 2020, representing an increase of approximately 28.5%[21] - The company's total current assets as of September 30, 2021, amount to approximately CNY 39.57 billion, an increase from CNY 21.04 billion in the previous year[19] - The total non-current assets as of the end of the third quarter of 2021 were ¥156,978,399,009.14, compared to ¥121,532,774,560.88 in the same period of 2020, representing an increase of about 29.2%[21] Shareholder Equity - The equity attributable to shareholders at the end of Q3 2021 was ¥67,164,889,417.86, reflecting a growth of 60.25% year-on-year[5] - The company's equity attributable to shareholders was ¥67,164,889,417.86, compared to ¥41,913,174,803.43 in the previous year, indicating a growth of around 60.5%[21] - China Three Gorges Group holds 14 billion shares, representing 49.00% of the total shares[13] Cash Flow - The net cash flow from operating activities for the first nine months of 2021 was ¥5,523,736,536.88, up 35.02% year-on-year[11] - Cash inflow from operating activities for the first three quarters of 2021 was CNY 9.05 billion, compared to CNY 6.15 billion in the same period of 2020, marking an increase of about 47.1%[26] - The net cash flow from operating activities for the first three quarters of 2021 was CNY 5.52 billion, up from CNY 4.09 billion in the same period of 2020, indicating a growth of approximately 35.0%[26] - The company reported a net cash outflow from investing activities of approximately CNY 23.28 billion in the first three quarters of 2021, compared to CNY 16.94 billion in the same period of 2020, reflecting an increase of about 37.5%[28] - Total cash inflow from financing activities for the first three quarters of 2021 was CNY 66.17 billion, significantly higher than CNY 22.83 billion in the same period of 2020, representing an increase of approximately 189.5%[28] Operational Highlights - The company attributed the increase in operating revenue to the addition of new wind and solar power projects and increased electricity sales[9] - The company completed its initial public offering, which significantly increased its capital and cash reserves, contributing to the growth in equity and total assets[11] - Research and development expenses for the third quarter of 2021 were ¥2,401,071.41, significantly higher than ¥174,437.88 in the same quarter of 2020, showing an increase of approximately 1,276.5%[24] - Financial expenses for the third quarter of 2021 totaled ¥2,095,754,810.49, compared to ¥1,513,580,881.71 in the same period of 2020, reflecting an increase of about 38.4%[24] Other Financial Metrics - The basic earnings per share for Q3 2021 was ¥0.0253, a decrease of 30.89% compared to the same period last year[11] - Basic and diluted earnings per share for Q3 2021 were CNY 0.1699, up from CNY 0.1406 in Q3 2020, reflecting a growth of approximately 20.8%[25] - The total comprehensive income for the third quarter of 2021 was approximately CNY 4.32 billion, compared to CNY 3.10 billion in the same period of 2020, representing an increase of about 39.3%[25]