CECWPC(SH:601016)2020-10-30 16:00Financial Performance - Operating revenue attributable to the listed company rose by 11.98% to CNY 2,009,976,519.95 for the period from January to September[3] - Net profit attributable to shareholders increased by 26.22% to CNY 535,800,192.48 for the period from January to September[3] - Net profit excluding non-recurring gains and losses increased by 31.78% to CNY 530,737,019.24 for the period from January to September[3] - Basic earnings per share increased by 23.53% to CNY 0.126[3] - The weighted average return on net assets increased by 0.93 percentage points to 6.93%[3] Assets and Liabilities - Total assets increased by 37.37% to CNY 32,295,729,049.33 compared to the end of the previous year[3] - Net assets attributable to shareholders increased by 32.24% to CNY 9,724,309,381.59 compared to the end of the previous year[3] - Accounts receivable increased by 32.17% compared to the beginning of the year, mainly due to an increase in unpaid renewable energy price subsidies[8] - Long-term equity investments increased by 190.99% compared to the beginning of the year, primarily due to additional investment in Zhangbei Ertai Wind Power Co., Ltd.[9] - The balance of construction in progress increased by 85.65% compared to the beginning of the year, mainly due to increased investment in ongoing projects[9] - Other non-current assets increased by 193.04% compared to the beginning of the year, primarily due to an increase in prepaid engineering and equipment payments[9] - Long-term borrowings increased by 44.16% compared to the beginning of the year, mainly due to increased borrowings from financial institutions[9] - Other current liabilities increased by 165.69% compared to the beginning of the year, primarily due to an increase in expected turnover tax credits[9] Cash Flow - Cash flow from operating activities decreased by 2.07% to CNY 944,497,250.81 for the period from January to September[3] - Net cash flow from investing activities decreased by 344.80%, amounting to -¥5,878,518,011.46, due to increased cash payments for fixed asset purchases[12] - Net cash flow from financing activities increased by 1454.68%, totaling ¥6,648,534,644.90, driven by increased cash from borrowings and financing leases[13] Shareholder Information - The number of shareholders at the end of the reporting period was 118,485, with the largest shareholder holding 48.18% of the shares[5] - The total equity attributable to the parent company increased by 32.24% compared to the beginning of the year, mainly due to the net proceeds from a private placement of shares[9] Research and Development - R&D expenses increased by 272.02% year-on-year, amounting to ¥6,951,883.05 compared to ¥1,868,681.57 in the same period last year[10] Non-Operating Income and Expenses - Non-operating income decreased by 79.82%, totaling ¥2,501,250.96, primarily due to reduced insurance claims and compensation income[10] - Non-operating expenses increased by 101.03%, reaching ¥8,411,555.28, mainly due to donations for COVID-19 relief and poverty alleviation[10] Other Financial Metrics - Government subsidies recognized in the current period amounted to CNY 5,593,061.86 for the third quarter[4] - Non-recurring gains and losses totaled CNY 1,471,154.94 for the period from July to September[4] - Other comprehensive income after tax increased by 71.87%, attributed to cash flow hedging effects[11] - The total cash balance at the end of the period increased by 120.36% compared to the beginning of the year, primarily due to the net proceeds from a private placement of shares amounting to 2.057 billion RMB[6] - Other receivables increased by 3456.26% compared to the beginning of the year, primarily due to unpaid financing lease principal[8] - Credit impairment losses decreased by 100.00%, with no bad debt recovery this period compared to ¥9,286,356.81 last year[10] - The company successfully issued 831,112,000 new shares at ¥2.49 per share, raising a total of ¥2,069,468,880.00[14]