嘉泽新能(601619) - 2022 Q3 - 季度财报

Important Content Disclaimer This section provides standard declarations, affirming the report's truthfulness and completeness by management, and states the quarterly financial statements are unaudited - Company management guarantees the truthfulness, accuracy, and completeness of the financial information in this quarterly report, free from false records, misleading statements, or major omissions[3][23][24] - The company's third-quarter financial statements are unaudited[4][30][41] Key Financial Data and Shareholder Information This section outlines the company's core financial performance and shareholder structure, noting asset and revenue growth from business combinations despite a decline in net profit Key Accounting Data and Financial Indicators In Q3 2022, operating revenue grew 38.07% and total assets increased 55.25% YTD due to business combinations, despite a decline in net profit attributable to shareholders Key Financial Indicators for Q3 and YTD 2022 | Indicator | Current Period (Q3) (CNY) | Year-to-Date (Jan-Sep) (CNY) | YTD YoY Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 517,173,115.87 | 1,270,907,604.96 | +16.97% | | Net Profit Attributable to Shareholders of Listed Company | 152,442,682.84 | 374,785,693.33 | -8.12% | | Net Cash Flow from Operating Activities | 284,444,624.02 | 435,556,572.08 | +11.09% | | Basic Earnings Per Share (CNY/share) | 0.0637 | 0.1566 | -17.23% | | Total Assets (Period-end) | 18,677,242,604.45 | 18,677,242,604.45 | +55.25% | | Shareholders' Equity Attributable to Listed Company (Period-end) | 5,759,256,834.75 | 5,759,256,834.75 | +10.02% | - Significant growth in operating revenue, operating cash flow, and total assets is primarily attributed to non-common control business combinations this year, expanding the consolidation scope, increasing installed capacity, and boosting power generation revenue[7] Non-recurring Gains and Losses Items and Amounts Year-to-date, the company's net non-recurring gains and losses totaled CNY 31.94 million, primarily from a CNY 41.81 million gain due to non-common control business combinations Key Non-recurring Gains and Losses Items YTD | Item | Amount (CNY) | Description | | :--- | :--- | :--- | | Gain from acquisition of subsidiaries where investment cost is less than fair value of identifiable net assets | 41,810,801.04 | Primarily from non-common control business combinations | | Other non-operating income and expenses | -5,462,435.34 | - | | Total | 31,937,049.52 | - | Shareholder Information As of the reporting period end, the company had 75,612 common shareholders, with high concentration among the top ten, and actual controller Chen Bo forming a concerted action relationship - As of the end of the reporting period, the company had 75,612 common shareholders[29] Top Three Shareholders' Holdings | Shareholder Name | Shareholding Percentage (%) | Nature of Shares | | :--- | :--- | :--- | | Beijing Jiashi Longbo Investment Management Co., Ltd. | 16.15 | Domestic Non-State-Owned Legal Person | | Jinyuan Rongtai Investment Management (Ningxia) Co., Ltd. | 13.70 | Domestic Non-State-Owned Legal Person | | GLP Renewable Energy Investment I Limited | 10.34 | Overseas Legal Person | - The company's actual controller, Chen Bo, controls Jinyuan Rongtai Investment Management (Ningxia) Co., Ltd. and Beijing Jiashi Longbo Investment Management Co., Ltd., forming a concerted action relationship[30] Quarterly Financial Statements This section provides unaudited consolidated financial statements, showing significant asset expansion and stable revenue growth, but also highlighting pressures on profitability and cash flow Consolidated Balance Sheet As of September 30, 2022, total assets reached CNY 18.68 billion, a 55.25% increase from year-end, driven by non-current assets, with total liabilities rising to CNY 12.89 billion Key Items from Consolidated Balance Sheet (CNY) | Item | September 30, 2022 | December 31, 2021 | | :--- | :--- | :--- | | Total Assets | 18,677,242,604.45 | 12,030,529,644.12 | | Total Current Assets | 3,721,272,090.51 | 2,653,741,842.83 | | Total Non-current Assets | 14,955,970,513.94 | 9,376,787,801.29 | | Total Liabilities | 12,893,294,595.93 | 6,782,882,806.18 | | Total Current Liabilities | 3,060,521,734.30 | 1,498,422,048.32 | | Total Non-current Liabilities | 9,832,772,861.63 | 5,284,460,757.86 | | Equity Attributable to Parent Company Owners | 5,759,256,834.75 | 5,234,882,966.88 | Consolidated Income Statement In Q1-Q3 2022, total operating revenue grew 16.97% to CNY 1.27 billion, but increased costs and expenses led to a decline in net profit attributable to parent company shareholders by 8.12% Key Items from Consolidated Income Statement (Jan-Sep 2022) | Item | Jan-Sep 2022 (CNY) | Jan-Sep 2021 (CNY) | YoY Change | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 1,270,907,604.96 | 1,086,548,108.63 | +16.97% | | Total Operating Costs | 891,075,610.11 | 749,340,707.97 | +18.91% | | Operating Profit | 371,205,209.71 | 438,751,440.10 | -15.39% | | Total Profit | 407,660,300.78 | 438,464,232.73 | -7.03% | | Net Profit | 384,294,051.22 | 407,747,619.53 | -5.75% | | Net Profit Attributable to Parent Company Shareholders | 374,785,693.33 | 407,919,833.38 | -8.12% | Consolidated Cash Flow Statement In Q1-Q3 2022, net cash flow from operating activities was CNY 436 million, while investing activities resulted in a net outflow of CNY 681 million, and financing activities generated a net inflow of CNY 187 million Key Items from Consolidated Cash Flow Statement (Jan-Sep 2022) | Item | Jan-Sep 2022 (CNY) | Jan-Sep 2021 (CNY) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 435,556,572.08 | 392,091,433.15 | | Net Cash Flow from Investing Activities | -681,301,287.30 | 202,879,720.14 | | Net Cash Flow from Financing Activities | 186,647,754.67 | -414,002,179.85 | | Net Increase in Cash and Cash Equivalents | -57,648,264.44 | 180,968,973.44 | Other Significant Matters This section discloses significant matters impacting financial statements, primarily the company's first-time adoption of 'Interpretation No. 15 of Accounting Standards for Business Enterprises' from 2022, requiring retrospective adjustments Explanation of Accounting Standard Changes The company adopted 'Interpretation No. 15 of Accounting Standards for Business Enterprises' from 2022, adjusting opening financial statements and affecting fixed assets, construction in progress, surplus reserves, and retained earnings - The company first adopted 'Interpretation No. 15 of Accounting Standards for Business Enterprises' issued by the Ministry of Finance from 2022, adjusting the opening financial statements for the year of first adoption[46] - The accounting standard change resulted in an increase of CNY 19,398,970.90 in opening retained earnings and a total increase of CNY 19,595,713.35 in equity attributable to parent company owners[49]