CECWPC(SH:601016)2019-10-28 16:00Financial Performance - Net profit attributable to shareholders was CNY 424.50 million, down 8.42% year-on-year[8]. - Operating revenue for the first nine months was CNY 1.79 billion, a slight decrease of 0.11% compared to the same period last year[8]. - The basic earnings per share for the reporting period was CNY 0.102, down 8.93% from the previous year[8]. - Total revenue for Q3 2019 was ¥568,236,560.26, a decrease of 2.58% compared to ¥583,742,859.14 in Q3 2018[27]. - Net profit for Q3 2019 was ¥128,608,963, down from ¥148,436,544 in Q3 2018, reflecting a decrease of about 13.5%[28]. - The total profit for Q3 2019 was ¥145,561,320, compared to ¥180,003,056 in Q3 2018, indicating a decline of approximately 19.1%[28]. - The company reported a net profit attributable to shareholders of ¥115,208,745 for Q3 2019, down from ¥125,667,588 in Q3 2018, a decrease of about 8.8%[29]. - Comprehensive income for Q3 2019 totaled ¥120,108,189, compared to ¥154,437,441 in Q3 2018, a decline of approximately 22.2%[30]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 22.67 billion, an increase of 5.52% compared to the end of the previous year[8]. - Total current assets reached approximately CNY 4.92 billion, an increase from CNY 4.24 billion in the previous year, representing a growth of about 16.0%[21]. - Total non-current assets amounted to CNY 17.75 billion, compared to CNY 17.24 billion, indicating a growth of about 3.0%[22]. - Total liabilities increased to CNY 14.79 billion from CNY 13.79 billion, indicating a growth of about 7.2%[23]. - The company's equity attributable to shareholders rose to CNY 7.17 billion, compared to CNY 6.97 billion, representing an increase of approximately 3.0%[23]. - Total liabilities reached $12,505,278,894.95, with current liabilities at $2,530,313,779.83 and non-current liabilities at $9,974,965,115.12[42]. - The total liabilities and equity combined were approximately ¥21.48 billion[43]. Cash Flow - The net cash flow from operating activities for the first nine months was CNY 964.47 million, showing a decrease of 0.07% year-on-year[8]. - Cash flow from operating activities for the first nine months of 2019 was 964,470,683.47 CNY, slightly down from 965,115,515.86 CNY in the same period of 2018[36]. - Cash inflow from operating activities totaled 1,460,439,403.27 CNY for the first nine months of 2019, compared to 1,412,041,615.79 CNY in 2018[36]. - Cash outflow from operating activities was 495,968,719.80 CNY in the first nine months of 2019, up from 446,926,099.93 CNY in 2018[36]. - The company reported cash flow from investing activities of -1,321,622,463.30 CNY for the first nine months of 2019, compared to -1,062,873,519.86 CNY in 2018[37]. - Cash inflow from financing activities was 2,099,056,000.00 CNY in the first nine months of 2019, an increase from 1,271,188,606.97 CNY in 2018[37]. - The ending cash and cash equivalents balance was 1,896,805,549.77 CNY as of September 2019, up from 1,764,303,101.43 CNY in the previous year[37]. Shareholder Information - The number of shareholders at the end of the reporting period was 103,965[10]. - The largest shareholder, China Energy Conservation and Environmental Protection Group, holds 1.90 billion shares, accounting for 45.63% of total shares[10]. Research and Development - R&D expenses rose by 49.37% year-on-year, reflecting the company's commitment to enhancing technological innovation and increasing investment in R&D[17]. - The company reported a research and development expense of ¥812,767.44 for Q3 2019, compared to ¥421,043.76 in Q3 2018, indicating an increase of 93.06%[27]. - Research and development expenses for Q3 2019 were ¥543,573, an increase from ¥421,044 in Q3 2018, representing a growth of about 29.1%[32]. Operational Metrics - In Q3 2019, total electricity generation was 140,822 million kWh, a year-on-year increase of 0.85% compared to 139,146 million kWh in Q3 2018[13]. - The average on-grid electricity price for the first nine months of 2019 was 0.4619 RMB/kWh, reflecting a slight increase in pricing dynamics[13]. - The total on-grid electricity volume for the first nine months of 2019 was 452,383 million kWh, a 0.75% increase from 448,583 million kWh in the same period of 2018[14]. - The total electricity generation in Hebei for Q3 2019 was 23,985 million kWh, a decrease of 15.18% compared to the same period last year[12]. - The company sold 356,495 carbon reduction certificates in Australia at an average price of 0.2185 RMB/kWh during the first nine months of 2019[13].