Hangzhou Cogeneration (SH:605011)2023-10-26 16:00Financial Performance - The company's operating revenue for Q3 2023 was RMB 763,558,308.03, a decrease of 9.89% compared to the same period last year[10]. - The net profit attributable to shareholders for Q3 2023 was RMB 54,871,570.08, reflecting a decrease of 2.08% year-on-year[10]. - The basic earnings per share for Q3 2023 was RMB 0.14, unchanged from the previous quarter[6]. - The net profit after deducting non-recurring gains and losses for Q3 2023 was RMB 51,675,099.33, an increase of 18.4% year-on-year[10]. - Total operating revenue for the first three quarters of 2023 was CNY 2,283,976,432.61, a decrease of 14.3% compared to CNY 2,664,455,649.52 in the same period of 2022[26]. - Net profit for the first three quarters of 2023 was CNY 260,380,586.80, up from CNY 240,056,934.86 in the same period last year, indicating a growth of 8.5%[26]. - Net profit for the third quarter of 2023 was CNY 214.49 million, an increase from CNY 205.77 million in the same period last year, representing a growth of approximately 3.5%[28]. - The net profit attributable to shareholders of the parent company was CNY 161.88 million, a slight decrease from CNY 165.31 million year-over-year, reflecting a decline of about 2.6%[28]. - The total comprehensive income for the third quarter was CNY 214.49 million, compared to CNY 205.77 million in the previous year, indicating an increase of approximately 4.0%[28]. Assets and Liabilities - The total assets at the end of Q3 2023 amounted to RMB 3,771,034,344.88, a decrease of 5.41% from the end of the previous year[6]. - The total current assets as of September 30, 2023, were CNY 1,329,478,542.35, a decrease of 11.0% from CNY 1,494,367,307.95 at the end of 2022[22]. - The total non-current assets as of September 30, 2023, were CNY 2,441,555,802.53, down from CNY 2,492,271,561.25 at the end of 2022, reflecting a decline of 2.0%[22]. - Total liabilities as of September 30, 2023, were CNY 1,168,333,773.94, a decrease of 22.5% from CNY 1,507,535,650.35 at the end of 2022[24]. Cash Flow - The net cash flow from operating activities for Q3 2023 was RMB 355,933,835.59, showing a decline of 2.55%[6]. - Cash flow from operating activities for the first three quarters of 2023 was CNY 355.93 million, slightly down from CNY 365.26 million in the previous year, a decrease of about 2.9%[33]. - Cash inflow from investment activities was CNY 380.43 million, significantly higher than CNY 210.43 million in the same period last year, representing an increase of approximately 80.7%[33]. - Cash outflow from investment activities totaled CNY 291.19 million, compared to CNY 303.32 million in the previous year, showing a decrease of about 4.0%[35]. - Net cash flow from financing activities was negative CNY 480.33 million, worsening from negative CNY 292.40 million in the same period last year[35]. - The ending cash and cash equivalents balance was CNY 756.73 million, up from CNY 682.69 million year-over-year, reflecting an increase of approximately 10.8%[35]. Shareholder Information - The total equity attributable to shareholders at the end of Q3 2023 was RMB 2,134,046,855.74, an increase of 4.83% compared to the end of the previous year[6]. - The total number of ordinary shareholders at the end of the reporting period was 28,240[15]. Government Subsidies - The company received government subsidies amounting to RMB 2,506,436.55 during Q3 2023, contributing to its financial performance[12]. Inventory and Receivables - The company reported a decrease in accounts receivable to CNY 221,581,190.05 as of September 30, 2023, down 15.4% from CNY 261,823,178.84 at the end of 2022[22]. - The company’s inventory as of September 30, 2023, was CNY 118,142,641.97, a decrease of 8.6% compared to CNY 129,375,895.65 at the end of 2022[22].