CNNP(SH:601985)2020-10-28 16:00Financial Performance - Operating revenue for the first nine months was ¥36.94 billion, representing a year-on-year increase of 9.02%[5] - Net profit attributable to shareholders of the listed company was ¥4.91 billion, up 33.23% from the same period last year[5] - Basic earnings per share increased by 32.91% to ¥0.315 compared to the previous year[5] - The net profit for the current period increased by 29.43% compared to the previous period, primarily due to an increase in nuclear power generation and a reduction in financial expenses[11] - The net profit attributable to shareholders increased by 33.23%, with basic earnings per share rising by 32.91%[11] - Total operating revenue for Q3 2020 reached ¥13,707,920,823.96, an increase from ¥11,897,627,943.13 in Q3 2019, representing a growth of approximately 15.1%[21] - Net profit for Q3 2020 was ¥3,522,772,726.85, compared to ¥1,955,571,145.31 in Q3 2019, indicating a significant increase of about 80.0%[22] - Total comprehensive income for Q3 2020 was CNY 3,527,096,955.04, compared to CNY 2,004,199,494.76 in Q3 2019, representing an increase of approximately 76%[24] - Net profit attributable to the parent company for Q3 2020 was CNY 1,936,140,555.99, up from CNY 1,116,612,261.44 in Q3 2019, reflecting a growth of about 73%[24] - Basic earnings per share for Q3 2020 were CNY 0.124, compared to CNY 0.070 in Q3 2019, indicating an increase of approximately 77%[24] Assets and Liabilities - Total assets at the end of the reporting period reached ¥359.84 billion, an increase of 3.51% compared to the end of the previous year[5] - The company’s total assets as of September 30, 2020, amounted to approximately CNY 48.17 billion, up from CNY 42.24 billion at the end of 2019[15] - Total assets increased to ¥359.84 billion, up from ¥347.64 billion year-over-year, representing a growth of approximately 3.45%[17] - Non-current assets totaled ¥311.67 billion, compared to ¥305.40 billion in the previous year, reflecting an increase of about 2.43%[17] - Total liabilities reached ¥260.10 billion, slightly up from ¥257.36 billion, marking an increase of approximately 1.35%[18] - Current liabilities decreased to ¥48.10 billion from ¥48.89 billion, a reduction of approximately 1.60%[17] - Long-term borrowings amounted to ¥179.83 billion, down from ¥181.03 billion, indicating a decrease of about 0.66%[18] - The company reported a significant increase in other current liabilities by 5457.21%, mainly due to the issuance of short-term financing bonds[11] - The company’s goodwill increased by 82.93% due to acquisitions in renewable energy projects[11] - Deferred income tax assets increased to ¥969.42 million from ¥572.10 million, representing a growth of about 69.49%[17] Shareholder Information - Net assets attributable to shareholders of the listed company amounted to ¥58.30 billion, reflecting a growth of 16.47% year-on-year[5] - The total number of shareholders at the end of the reporting period was 404,103[8] - The largest shareholder, China National Nuclear Corporation, holds 69.50% of the shares, totaling approximately 10.82 billion shares[9] - Shareholders' equity rose to ¥99.74 billion, compared to ¥90.28 billion, showing an increase of around 10.66%[18] - The total equity attributable to shareholders increased to ¥58.30 billion from ¥50.05 billion, indicating a growth of about 16.49%[18] Cash Flow - The net cash flow from operating activities for the first nine months was ¥22.28 billion, a decrease of 3.71% year-on-year[5] - Cash inflow from operating activities for Q3 2020 was CNY 41.26 billion, an increase from CNY 39.41 billion in Q3 2019, representing a growth of 4.7%[28] - Net cash flow from operating activities decreased to CNY 22.28 billion in Q3 2020 from CNY 23.14 billion in Q3 2019, a decline of 3.7%[28] - Cash inflow from investment activities was CNY 248.34 million in Q3 2020, compared to CNY 194.33 million in Q3 2019, an increase of 27.8%[29] - Net cash flow from investment activities showed a significant decline to -CNY 13.55 billion in Q3 2020 from -CNY 16.49 billion in Q3 2019, improving by 17.7%[29] - Cash inflow from financing activities totaled CNY 38.32 billion in Q3 2020, slightly up from CNY 37.73 billion in Q3 2019, an increase of 1.6%[29] - Net cash flow from financing activities turned negative at -CNY 8.43 billion in Q3 2020, compared to a positive CNY 1.51 billion in Q3 2019[29] - The ending balance of cash and cash equivalents was CNY 10.48 billion in Q3 2020, down from CNY 15.24 billion in Q3 2019, a decrease of 31.5%[29] Research and Development - Research and development expenses rose by 80.19% compared to the previous period, reflecting increased investment in R&D efforts[11] - Research and development expenses for Q3 2020 were ¥253,908,402.06, significantly higher than ¥123,027,176.25 in Q3 2019, marking an increase of about 106.5%[21]