CTGR(SH:600905)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 reached ¥5,277,014,628.02, representing a 55.45% increase compared to the same period last year[4] - Net profit attributable to shareholders was ¥1,132,975,039.01, a 36.10% increase year-over-year[4] - The net profit after deducting non-recurring gains and losses was ¥1,170,287,342.61, reflecting a 39.42% increase compared to the previous year[4] - The basic earnings per share (EPS) for the quarter was ¥0.0396, up 36.08% from ¥0.0291 in the same quarter last year[4] - In Q3 2022, the company achieved operating revenue of 5.277 billion RMB, a year-on-year increase of 55.45% due to the addition of new wind and solar power units and increased electricity sales[8] - For the first nine months of 2022, the company reported operating revenue of 17.406 billion RMB, reflecting a year-on-year growth of 48.27% driven by the same factors[8] - The net profit attributable to shareholders for Q3 2022 was 1.133 billion RMB, up 36.10% year-on-year, supported by the revenue growth and stable gross margin[8] - The net profit attributable to shareholders for the first nine months of 2022 reached 6.170 billion RMB, marking a 36.53% increase compared to the previous year[8] - The net profit excluding non-recurring gains and losses for Q3 2022 was 1.170 billion RMB, a 39.42% increase year-on-year, attributed to revenue and net profit growth[8] - The net profit excluding non-recurring gains and losses for the first nine months of 2022 was 6.157 billion RMB, reflecting a year-on-year growth of 35.45%[8] Assets and Liabilities - The total assets of the company as of the end of the reporting period were ¥254,158,819,072.48, an increase of 17.02% from the previous year[5] - The total number of ordinary shareholders at the end of the reporting period was 765,862, with the largest shareholder holding 48.92% of the shares[11] - As of September 30, 2022, the total current assets amounted to CNY 47.70 billion, an increase of 36.8% from CNY 34.88 billion on December 31, 2021[14] - The total non-current assets reached CNY 206.46 billion, representing a growth of 13.2% compared to CNY 182.32 billion at the end of 2021[16] - The total liabilities of the company were CNY 167.61 billion, up 19.2% from CNY 140.60 billion at the end of 2021[17] - The equity attributable to shareholders reached CNY 75.82 billion, an increase of 10.5% from CNY 68.83 billion year-over-year[17] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥9,580,583,262.18, a significant increase of 73.44% compared to the same period last year[4] - The net cash flow from operating activities for the first nine months of 2022 was 9.581 billion RMB, a significant increase of 73.44% year-on-year due to the ramp-up of new wind and solar projects[10] - Operating cash inflow totaled CNY 14.68 billion, up from CNY 9.05 billion year-over-year, reflecting a growth of 62.5%[22] - The net cash flow from operating activities reached CNY 9.58 billion, compared to CNY 5.52 billion last year, marking a growth of 73.5%[22] Research and Development - Research and development expenses for Q3 2022 were ¥3.70 million, up 54.0% from ¥2.40 million in Q3 2021[18] - Research and development expenses for the first three quarters amounted to ¥2,403,775.29, indicating a focus on innovation[28] Investment and Financing Activities - The company recognized government subsidies amounting to ¥38,371,881.30 during the quarter, contributing to its financial performance[6] - The company completed acquisitions of 51% stakes in two subsidiaries, which required retrospective adjustments to previous financial data[5] - The company reported a net cash outflow from operating activities of -¥39,296,827.91, contrasting with a net inflow of ¥62,192,503.49 in the previous year[31] - The cash inflow from financing activities was approximately ¥27.66 billion, down 43.7% from ¥49.25 billion in the previous year[32] - The company paid CNY 27.59 billion in debt repayments, compared to CNY 21.58 billion in the previous year, an increase of 28%[22] Other Financial Metrics - The company reported a significant increase in inventory, which rose to CNY 227.06 million from CNY 130.96 million, marking a growth of 73.3%[14] - The company’s cash and cash equivalents decreased slightly to CNY 12.84 billion from CNY 13.08 billion, a decline of 1.8%[14] - The company recorded a net increase in cash received from operating activities of ¥1.46 billion from tax refunds, compared to ¥131.21 million in the same period last year[21] - The company reported a total profit of ¥7.49 billion for Q3 2022, an increase of 41.5% compared to ¥5.30 billion in Q3 2021[19]