大唐发电(601991) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was CNY 32,417,548, representing a 2.42% increase compared to CNY 31,651,517 in the same period last year[3]. - Net profit attributable to shareholders for Q3 2023 was CNY 1,318,126, a significant increase of 307.39% from a loss of CNY 635,584 in the previous year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was CNY 918,565, up 209.09% from a loss of CNY 842,013 in the same period last year[4]. - Basic earnings per share for Q3 2023 were CNY 0.0478, a 193.91% increase from a loss of CNY 0.0509 in the previous year[4]. - The weighted average return on equity for Q3 2023 was 3.04%, an increase of 6.20 percentage points compared to -3.14% in the same period last year[4]. - Total operating revenue for the first three quarters of 2023 reached CNY 90,619,383, an increase from CNY 87,249,372 in the same period of 2022, reflecting a growth of approximately 2.7%[21]. - Net profit for the third quarter of 2023 was CNY 4,096,335, a significant increase compared to CNY 573,734 in the same quarter of 2022, representing a growth of approximately 615%[22]. - The total equity attributable to shareholders increased to CNY 78,888,273 in Q3 2023 from CNY 62,609,195 in Q3 2022, marking an increase of approximately 25.9%[21]. - Basic and diluted earnings per share for Q3 2023 were CNY 0.0876, compared to a loss of CNY 0.0149 per share in Q3 2022[23]. Assets and Liabilities - Total assets at the end of Q3 2023 were CNY 301,012,271, reflecting a decrease of 1.35% from the previous year[4]. - The equity attributable to shareholders at the end of Q3 2023 was CNY 78,888,273, an increase of 26.00% from CNY 62,616,466 in the previous year[4]. - The company reported a decrease in cash and cash equivalents to 11,116,137,000 RMB from 10,141,563,000 RMB at the end of 2022[14]. - The company's total liabilities decreased to CNY 207,512,078 in Q3 2023 from CNY 228,827,927 in Q3 2022, a reduction of about 9.3%[21]. - Total assets amounted to CNY 305,052,475 thousand, with a slight increase from CNY 305,132,264 thousand in the previous year[30]. - Total liabilities were CNY 228,740,784 thousand, reflecting a minor increase from CNY 228,827,927 thousand year-over-year[30]. Cash Flow - The company reported a cash flow from operating activities of CNY 17,390,633 for the year-to-date, down 8.01% from CNY 18,905,412 in the previous year[4]. - Cash inflow from operating activities for the first three quarters of 2023 was CNY 103,619,117, slightly down from CNY 104,456,989 in the same period of 2022[25]. - Net cash flow from operating activities was CNY 17,390,633 thousand, a decrease of 8.0% compared to CNY 18,905,412 thousand in the previous year[26]. - Total cash inflow from investment activities increased to CNY 3,850,968 thousand, compared to CNY 1,457,861 thousand in the previous year[26]. - Cash outflow from investment activities totaled CNY 14,074,117 thousand, up from CNY 12,287,605 thousand year-over-year[27]. - Net cash flow from financing activities was negative CNY 5,976,975 thousand, an improvement from negative CNY 8,768,608 thousand in the previous year[27]. - The ending balance of cash and cash equivalents increased to CNY 10,720,009 thousand, compared to CNY 10,428,386 thousand in the previous year[27]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 186,967[12]. - The largest shareholder, China Datang Corporation, holds 6,540,706,520 shares, accounting for 35.34% of total shares[12]. - HKSCC NOMINEES LIMITED, the second largest shareholder, holds 6,084,704,247 shares, representing 32.88% of total shares, with 3,275,623,820 shares pledged[12]. - The company has a total of 9,824,568,940 shares issued, with China Datang Corporation and its subsidiaries holding approximately 53.09% of the total shares[13]. Non-Recurring Gains and Other Income - Non-recurring gains for Q3 2023 totaled CNY 399,561, with significant contributions from asset disposals and government subsidies[8]. - The company attributed the increase in net profit to a decrease in unit fuel costs and an increase in power generation volume[9]. - The company reported an investment income of CNY 1,782,616 for the first three quarters of 2023, up from CNY 1,472,474 in 2022, reflecting an increase of approximately 21%[21]. - The company’s financial expenses decreased to CNY 4,343,016 in the first three quarters of 2023 from CNY 5,011,115 in 2022, a reduction of about 13.3%[21]. - Other comprehensive income after tax for the first three quarters of 2023 was CNY 306,300, compared to CNY 181,709 in the same period of 2022, indicating an increase of approximately 68.5%[22]. Accounting Standards - The company is implementing new accounting standards, which may affect future financial reporting and performance metrics[27].