JSNE(SH:603693)2023-10-27 16:00Financial Performance - Q3 2023 revenue was CNY 365,827,152.01, a decrease of 14.92% year-over-year[14] - Net profit attributable to shareholders was CNY 41,615,365.06, down 45.37% compared to the same period last year[14] - Net profit excluding non-recurring items was CNY 37,137,927.81, reflecting a 50.24% decline year-over-year[14] - Basic earnings per share decreased to CNY 0.05, a drop of 44.44% from the previous year[14] - The company's net profit attributable to shareholders for Q3 2023 was RMB 380,102,281.72, a slight decrease of 0.33% compared to RMB 381,372,252.27 in Q3 2022[33] - The total comprehensive income for Q3 2023 was RMB 443,400,414.12, down from RMB 476,537,162.10 in the same period last year, reflecting a decrease of approximately 6.95%[33] - The company's net profit for the first nine months of 2023 was CNY 385,381,280.86, up from CNY 235,017,515.44, indicating a significant increase of approximately 64%[38] - Net profit for the first three quarters of 2023 was approximately ¥442.71 million, down 6.9% from ¥475.46 million in 2022[62] Assets and Liabilities - Total liabilities amounted to CNY 8,662,262,693.65, slightly down from CNY 8,850,419,202.53[1] - Total equity increased to CNY 7,272,536,392.47 from CNY 6,999,957,841.78[1] - The total non-current liabilities rose to CNY 6,256,590,601.74, compared to CNY 4,251,523,440.80 last year[1] - The company's total assets as of September 30, 2023, were RMB 15,934,799,086.12, a slight increase from RMB 15,850,377,044.31 at the end of 2022, reflecting a growth of about 0.53%[30] - Total assets increased to CNY 5,400,478,645.37 from CNY 4,846,364,277.47, reflecting a growth of about 11.4%[36] - The total liabilities increased to CNY 9,985,970.07 from CNY 7,609,089.21, representing a rise of about 31.2%[36] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 741,430,507.27, up 6.27%[14] - Cash inflow from operating activities totaled CNY 1,273,786,848.66, an increase from CNY 1,235,816,807.74 in the previous period, representing a growth of approximately 3.1%[34] - Net cash outflow from investment activities was CNY -382,206,099.04, an improvement compared to CNY -566,433,742.66 in the previous period[34] - Cash flow from operating activities showed a net outflow of ¥22,082,852.59, an improvement from a net outflow of ¥28,897,983.42 in the previous year[59] - Cash flow from investing activities resulted in a net outflow of ¥440,722,282.32, compared to a net inflow of ¥48,323,188.86 in the previous year[59] - Cash flow from financing activities showed a net outflow of approximately ¥766.01 million in 2023, compared to a net outflow of ¥53.61 million in 2022[64] Shareholder Information - The number of common shareholders at the end of the reporting period was 33,044[23] - The weighted average return on equity decreased to 0.66% from 0.64% at the end of the previous year, reflecting a decline of 0.42 percentage points[42] - The total equity attributable to shareholders increased to ¥5,090,492,675.30, up 4.17% from ¥4,838,755,188.26[56] Operational Highlights - The company reported government subsidies of CNY 4,365,000.00 for the current period[20] - The company reported a total heat supply of 426,700 tons from January to September 2023, which is an increase of 27.11% year-on-year[27] - Total electricity generation for the first three quarters of 2023 was 22.97 billion kWh, a decrease of 5.34% year-on-year[47] - Wind power generation in the first three quarters was 21.84 billion kWh, down 3.20% year-on-year, with onshore wind power at 15.83 billion kWh, down 0.93%[47] - The photovoltaic segment saw an increase in generation to 1.09 billion kWh, up 15.76% year-on-year[47] Expenses and Investments - Total operating revenue for the first three quarters of 2023 was approximately ¥1.46 billion, a decrease of 3.9% compared to ¥1.52 billion in the same period of 2022[62] - Total operating costs decreased by 4.8% to approximately ¥995.55 million in 2023 from ¥1.05 billion in 2022[62] - Research and development expenses significantly decreased by 56.1% to ¥188,207.54 in 2023 from ¥428,082.90 in 2022[62] - Financial expenses decreased by 16% to approximately ¥184.75 million in 2023 from ¥219.80 million in 2022[62] - Investment income for the first three quarters of 2023 was approximately ¥82.20 million, a decrease of 5.4% from ¥87.25 million in 2022[62] - The company reported a significant increase in investment income to approximately ¥412.89 million in 2023 from ¥261.51 million in 2022[67] - The company’s management expenses increased to approximately ¥28.95 million in 2023 from ¥26.77 million in 2022[67]