CECWPC(SH:601016)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 reached ¥1,176,585,737.25, representing a 30.69% increase compared to ¥795,920,698.41 in the same period last year[6] - Net profit attributable to shareholders was ¥302,066,027.00, up 30.67% from ¥154,606,982.32 year-on-year[6] - The net profit after deducting non-recurring gains and losses was ¥297,163,607.38, reflecting a 31.62% increase from ¥149,225,662.93 in the previous year[6] - Basic earnings per share increased to ¥0.061, a rise of 32.61% from ¥0.031 in the same quarter last year[6] - Total operating revenue for the first three quarters of 2022 reached ¥3,855,819,394.12, an increase from ¥2,930,376,226.77 in the same period of 2021, representing a growth of approximately 31.4%[27] - Net profit for the first three quarters of 2022 was ¥1,402,366,539.78, up from ¥1,042,550,131.25 in 2021, reflecting a growth of approximately 34.5%[28] - Total comprehensive income for Q3 2022 reached CNY 1,419,238,532.31, an increase from CNY 1,005,045,058.75 in Q3 2021, representing a growth of approximately 41.1%[29] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥2,403,354,029.53, a significant increase of 61.58% compared to ¥1,344,119,458.55 last year[6] - The net cash flow from operating activities was RMB 61.58 million, reflecting an increase compared to the same period last year[11] - Net cash flow from operating activities for the first nine months of 2022 was CNY 2,403,354,029.53, compared to CNY 1,487,378,783.16 in the same period of 2021, indicating a year-over-year increase of about 61.5%[31] - The company reported a net cash outflow from investing activities of CNY -1,310,656,925.62 for the first nine months of 2022, an improvement compared to CNY -5,324,619,370.90 in the same period of 2021[32] - The net cash flow from financing activities for the first nine months of 2022 was CNY -999,492,027.03, compared to CNY 4,458,317,966.09 in the same period of 2021[32] Assets and Liabilities - Total assets at the end of the reporting period were ¥40,445,186,195.64, showing a 2.61% increase from the previous year-end[6] - The total assets of the company reached ¥40,445,186,195.64 as of September 30, 2022, up from ¥39,416,074,095.57 at the end of 2021[23] - The company’s total liabilities decreased to ¥27,508,281,254.65 in Q3 2022 from ¥28,034,233,588.40 in Q3 2021, a reduction of about 1.9%[26] - The total equity attributable to shareholders increased to ¥12,116,844,472.97 in Q3 2022 from ¥10,660,179,622.26 in Q3 2021, marking a growth of approximately 13.7%[26] - Current assets totaled CNY 7.31 billion, with accounts receivable at CNY 4.74 billion[34] - Non-current liabilities reached CNY 21.87 billion, with long-term borrowings at CNY 17.74 billion[35] Operational Metrics - The total electricity generation for the first three quarters of 2022 reached 8.864 billion kWh, a year-on-year increase of 23.85%[14] - The total grid-connected electricity for the same period was 8.412 billion kWh, up 21.99% year-on-year[14] - The market-oriented electricity trading volume was 4.910 billion kWh, an increase of 61.02% compared to the previous year[14] - Total electricity traded in Q3 2022 reached 490,968 million kWh, a year-on-year increase of 61.02% compared to 304,903 million kWh in Q3 2021[18] - Total grid-connected electricity in Q3 2022 was 841,240 million kWh, up 21.99% from 689,598 million kWh in Q3 2021[18] - The proportion of market-based transactions increased to 58.36% in Q3 2022, up 14.15 percentage points from 44.21% in Q3 2021[18] Research and Development - Research and development expenses rose by 50.12%, indicating increased investment in technology and innovation[10] - Research and development expenses for the first three quarters of 2022 amounted to ¥13,634,190.75, compared to ¥9,082,345.23 in 2021, an increase of about 50.3%[27] Financial Expenses - The company reported a financial expense of ¥671,703,004.43 in Q3 2022, up from ¥514,341,473.77 in Q3 2021, indicating an increase of approximately 30.6%[27] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to enhance operational efficiency and product offerings[24]