Datang Power(SH:601991)2021-10-28 16:00Financial Performance - The company's operating revenue for Q3 2021 was RMB 24,754,081 thousand, representing a year-on-year increase of 1.21%[4] - The net profit attributable to shareholders of the listed company was a loss of RMB 1,622,792 thousand, a decrease of 281.86% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of RMB 1,673,379 thousand, down 253.41% year-on-year[4] - The basic earnings per share for Q3 2021 was -0.1070 yuan, a decrease of 432.30% compared to the same period last year[5] - The diluted earnings per share for Q3 2021 was also -0.1070 yuan, reflecting the same percentage decrease of 432.30%[5] - The weighted average return on equity was -4.96%, a decrease of 6.37 percentage points year-on-year[5] - The net profit attributable to shareholders for the first three quarters of 2021 was negative at RMB -2,335,727 thousand, compared to a profit of RMB 405,069 thousand in the same period of 2020[18] - Net profit for Q3 2021 was reported at -¥102,532, compared to a net profit of ¥4,420,471 in Q3 2020, indicating a significant decline[22] - Operating profit for Q3 2021 was ¥497,377, down from ¥5,772,738 in Q3 2020, reflecting a decrease of approximately 91.4%[21] - Total comprehensive income for Q3 2021 was -¥101,297, compared to ¥4,357,045 in Q3 2020, showing a substantial decrease[22] - Basic earnings per share for Q3 2021 were -¥0.0571, compared to ¥0.0989 in Q3 2020, indicating a negative performance[22] Revenue and Costs - Total operating revenue for the first three quarters of 2021 reached RMB 75,148,326 thousand, an increase from RMB 68,936,667 thousand in the same period of 2020, representing a growth of approximately 17.5%[19] - Total operating costs for the first three quarters of 2021 were RMB 76,024,129 thousand, compared to RMB 63,533,738 thousand in 2020, indicating an increase of about 19.6%[19] - The company reported a significant increase in operating costs due to rising coal prices, impacting profitability[8] - The company reported a significant increase in operating costs due to rising coal prices, impacting net profit margins[34] Assets and Liabilities - Total assets at the end of the reporting period were RMB 281,290,560 thousand, an increase of 0.34% compared to the end of the previous year[5] - The total assets as of September 30, 2021, amounted to RMB 281,290,560 thousand, slightly up from RMB 280,333,508 thousand at the end of 2020[18] - The company's total liabilities reached RMB 192,551,910 thousand as of September 30, 2021, compared to RMB 188,940,952 thousand at the end of 2020, marking an increase of about 1.6%[18] - The company's total liabilities increased to ¥88,286,169 in Q3 2021, compared to ¥88,455,394 in Q3 2020, indicating a slight decrease[25] - The company's equity attributable to shareholders was RMB 71,857,789 thousand as of September 30, 2021, down from RMB 73,024,030 thousand at the end of 2020, indicating a decrease of about 1.6%[18] Cash Flow - The net cash flow from operating activities for the year-to-date was RMB 16,195,064 thousand, down 24.74% year-on-year[4] - The company reported a net cash flow from operating activities of ¥16,195,064 for the first nine months of 2021, down from ¥21,519,492 in the same period of 2020[24] - The company's operating cash flow for the first nine months of 2021 was 16,195,064 thousand RMB, down from 21,519,492 thousand RMB in the same period of 2020, indicating a decline of about 25%[51] - The investment activities generated a net cash outflow of -7,397,367 thousand RMB in the first nine months of 2021, compared to -7,178,948 thousand RMB in the same period of 2020[51] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 200,117[9] - The top ten shareholders held a total of 6,540,706,520 shares, accounting for 35.34% of the total shares[36] Other Financial Metrics - The company's cash and cash equivalents stood at RMB 10,593,118 thousand as of September 30, 2021, up from RMB 8,274,612 thousand at the end of 2020, representing an increase of approximately 28%[16] - Cash and cash equivalents at the end of Q3 2021 totaled ¥10,407,067, up from ¥9,524,632 at the end of Q3 2020[25] - The company incurred financial expenses of 4,866,136 thousand RMB in Q3 2021, down from 5,057,032 thousand RMB in Q3 2020[47] - The company received government subsidies amounting to 32,343 thousand RMB during the quarter, totaling 136,704 thousand RMB for the year-to-date[32] - The company's inventory as of September 30, 2021, was RMB 3,204,215 thousand, slightly up from RMB 3,145,945 thousand at the end of 2020[42] - The company’s long-term borrowings as of September 30, 2021, were RMB 94,532,923 thousand, an increase from RMB 92,151,095 thousand at the end of 2020[44] - The company reported a decrease in accounts receivable from RMB 15,147,362 thousand in 2020 to RMB 16,283,046 thousand in 2021, reflecting an increase of approximately 7.5%[16] - The company’s other income increased to 276,918 thousand RMB in Q3 2021, compared to 137,518 thousand RMB in Q3 2020[47] - The company's cash and cash equivalents as of September 30, 2021, amounted to RMB 10,593,118 thousand, up from RMB 8,274,612 thousand at the end of 2020, reflecting a growth of approximately 28%[42]