华电B股(900937) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue increased by 8.01% to CNY 7,363,522,463.93 for the period from January to September[6] - Net profit attributable to shareholders was a loss of CNY 212,105,531.50, an improvement from a loss of CNY 523,302,923.51 in the same period last year[6] - The weighted average return on equity improved by 11.19 percentage points to -14.38%[6] - Basic and diluted earnings per share were both CNY -0.11, compared to CNY -0.27 in the same period last year[6] - The total profit (loss) for the first three quarters of 2019 was a loss of CNY 572,417,900.87, compared to a loss of CNY 586,229,217.27 in the same period last year, indicating a slight improvement[30] - The net profit for Q3 2019 was -136,865,763.74 RMB, showing a significant loss compared to -309,943,558.81 RMB in the same period last year[33] - The total profit (loss) for Q3 2019 was a loss of CNY 259,680,407.57, compared to a loss of CNY 529,866,551.72 in the same period last year, indicating an improvement of about 51%[30] - The net profit (loss) attributable to the parent company for Q3 2019 was a loss of CNY 224,646,463.32, which is a reduction from a loss of CNY 477,362,172.43 in Q3 2018, showing a decrease in losses by approximately 53%[31] Assets and Liabilities - Total assets decreased by 4.39% to CNY 24,029,292,820.37 compared to the end of the previous year[6] - Total assets as of September 30, 2019, amounted to ¥19,808,314,079.25, down from ¥20,556,606,553.24 at the end of Q3 2018[28] - Total liabilities decreased from ¥20,926,932,489.73 to ¥19,910,095,141.89[21] - Total liabilities reached CNY 18,709,093,868.39, with current liabilities accounting for CNY 11,728,033,095.96[52] - The company reported current assets totaling CNY 3,349,085,058.31, with cash and cash equivalents at CNY 1,245,452,490.18[51] - The company’s total liabilities included long-term borrowings of CNY 6,420,837,981.52[52] Cash Flow - Cash flow from operating activities decreased by 1.32% to CNY 1,204,905,387.46 for the period from January to September[6] - The cash flow from operating activities for the first three quarters of 2019 was 1,204,905,387.46 RMB, slightly down from 1,220,997,651.76 RMB in the same period of 2018[38] - Net cash flow from operating activities decreased to CNY 706,971,128.47, down 38.76% from CNY 1,155,122,880.96 in the previous year[41] - Cash inflow from financing activities was CNY 8,782,395,686.70, slightly down from CNY 8,844,344,361.80 in the previous year[42] - The cash flow from financing activities in Q3 2019 resulted in a net outflow of -433,414,365.40 RMB, compared to -448,798,113.46 RMB in Q3 2018[39] Shareholder Information - The total number of shareholders was 168,864, with 108,336 holding A shares and 60,528 holding B shares[11] - The largest shareholder, China Huadian Group, holds 44.80% of the shares[10] Income and Expenses - Non-operating income for the period was CNY 18,368,876.22, with total non-recurring gains and losses amounting to CNY 31,934,972.58 from January to September[8] - The company's total expenses for Q3 2019 were CNY 1,739,349,765.53, up from CNY 1,510,369,499.58 in Q3 2018, representing an increase of approximately 15.2%[32] - Financial expenses for Q3 2019 amounted to CNY 178,932,354.86, compared to CNY 173,058,450.28 in Q3 2018, showing a slight increase of about 3.4%[32] Investment and Other Financial Metrics - Investment income rose by 166.91% to ¥56,067,467.52, attributed to increased profits from associated enterprises[14] - The company's investment income for Q3 2019 was CNY 76,709,951.46, compared to CNY 52,023,242.42 in Q3 2018, reflecting an increase of approximately 47.5%[32] - The company reported an investment income of ¥22,702,529.38 in Q3 2019, recovering from a loss of ¥44,969,884.36 in Q3 2018[28] Changes in Assets - Prepayments increased by 369.69% to ¥117,860,668.48, primarily due to prepayment of financing lease fees[13] - Other current assets decreased by 41.60% to ¥124,437,513.73, mainly due to a reduction in input tax credits[13] - Accounts payable decreased by 36.35% to ¥1,735,096,832.57, primarily due to reduced payments for coal and engineering costs[13] - Deferred income (current portion) decreased by 67.15% to ¥3,687,661,736.48, mainly due to the recognition of previously received heating fees as revenue[13] - Other payables decreased by 39.52% to ¥262,254,117.93, primarily due to a reduction in warranty payments[13] - Non-current liabilities due within one year increased by 168.14% to ¥3,687,661,736.48, mainly due to an increase in long-term borrowings due within one year[13] Taxation - Income tax expenses increased by 64.63% to ¥22,737,625.16, primarily due to an increase in total profit[14]