CNECC(SH:601611)2022-10-27 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥24,479,109,821.22, representing a year-on-year increase of 12.75%[4] - The net profit attributable to shareholders for Q3 2022 was ¥458,529,923.04, showing a decrease of 5.24% compared to the same period last year[4] - The basic earnings per share for Q3 2022 was ¥0.20, an increase of 11.11% year-on-year[5] - Total operating revenue for the first three quarters of 2022 reached ¥77,279,263,831.25, an increase from ¥64,254,778,192.75 in the same period of 2021, representing a growth of approximately 20.5%[22] - Net profit attributable to shareholders for the first three quarters of 2022 was ¥8,464,262,631.42, compared to ¥7,504,243,818.54 in 2021, showing an increase of about 12.8%[20] - The net profit for Q3 2022 was approximately ¥1.79 billion, an increase of 20.9% compared to ¥1.48 billion in Q3 2021[23] - The total profit for Q3 2022 reached approximately ¥2.22 billion, up from ¥1.84 billion in the same period last year, representing a growth of 20.9%[23] - The operating profit for Q3 2022 was approximately ¥2.22 billion, compared to ¥1.82 billion in Q3 2021, marking an increase of 21.6%[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥193,663,281,063.48, reflecting a year-on-year increase of 12.76%[5] - Total assets as of the end of Q3 2022 were ¥193,663,281,063.48, up from ¥171,743,054,622.33 at the end of Q3 2021, representing a growth of approximately 12.8%[21] - Total liabilities reached ¥163,002,508,305.45 in Q3 2022, compared to ¥141,820,930,336.17 in Q3 2021, indicating an increase of about 14.8%[20] - The total equity attributable to shareholders was ¥20,672,773,134.10 in Q3 2022, compared to ¥20,395,610,388.46 in Q3 2021, reflecting a growth of approximately 1.4%[21] Cash Flow - The net cash flow from operating activities for the year-to-date was negative at -¥14,372,291,808.54, highlighting potential liquidity challenges[5] - The cash inflow from operating activities for the first three quarters of 2022 was approximately ¥61.54 billion, compared to ¥57.72 billion in the same period of 2021, reflecting a growth of 6.5%[26] - The cash outflow from operating activities for Q3 2022 was approximately ¥75.91 billion, an increase from ¥60.63 billion in Q3 2021[26] - The net cash flow from operating activities for Q3 2022 was approximately -¥14.37 billion, compared to -¥2.91 billion in Q3 2021, indicating a significant decline[26] - Cash and cash equivalents increased by ¥65,411,205.25 compared to a decrease of ¥4,271,406,769.92 in the previous year[27] - Total cash and cash equivalents at the end of the period amounted to ¥13,390,796,596.66, compared to ¥9,236,591,289.53 in the previous year[27] Investments and R&D - The company's R&D expenses increased by 37.98% year-to-date, indicating a focus on innovation and development[9] - Research and development expenses amounted to ¥1,086,382,009.27 in 2022, up from ¥787,374,572.01 in 2021, reflecting a growth of approximately 37.9%[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 90,643[11] - The largest shareholder, China National Nuclear Corporation, holds 1,621,620,000 shares, representing 61.22% of total shares[11] Other Financial Metrics - The weighted average return on equity for Q3 2022 was 3.72%, a decrease of 0.21 percentage points compared to the previous year[5] - The company experienced a 61.28% increase in payable dividends, reflecting a commitment to returning value to shareholders[9] - Government subsidies recognized during the year-to-date amounted to ¥27,348,342.01, contributing positively to the financial results[6] - The company reported a significant increase of 116.20% in short-term borrowings, driven by financing needs for production and operations[9] - The company reported a net gain from asset disposal of CNY 325.48 million, an increase compared to the previous period[10] - The company received tax refunds totaling CNY 252.70 million due to VAT tax incentives[10] - Cash received from investment income amounted to CNY 80.29 million, reflecting an increase in dividends from associated companies[10]