中绿电(000537) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥3,010,462,476.87, a decrease of 17.48% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2021 was -¥1,883,404,917.15, representing a decline of 454.05% year-on-year[3]. - The basic and diluted earnings per share for Q3 2021 were both -¥1.01, a decrease of 448.28% year-on-year[4]. - Net profit for the period was a loss of CNY 937,774,640.86, compared to a profit of CNY 1,910,302,787.28 in the previous period[27]. - The total equity attributable to shareholders of the parent company decreased to CNY 13,957,804,423.40, down 9.1% from CNY 15,356,722,044.39 in the previous period[25]. - The company's financial expenses rose significantly to CNY 803,785,313.09, compared to CNY 340,488,414.09 in the previous period[26]. - The company reported an operating profit loss of CNY -978,398,962.55, compared to an operating profit of CNY 2,501,239,679.03 in the previous period[26]. - The total comprehensive income for the period was a loss of CNY 937,774,640.86, compared to a comprehensive income of CNY 1,910,302,787.28 in the previous period[27]. Cash Flow and Assets - The net cash flow from operating activities for the year-to-date was ¥633,059,728.85, an increase of 126.08% compared to the same period last year[4]. - Cash inflow from operating activities reached CNY 17.14 billion, up from CNY 13.69 billion in the previous period, representing a 25.5% increase[28]. - Net cash flow from operating activities was CNY 633.06 million, a significant recovery from a net outflow of CNY 2.43 billion in the same period last year[28]. - The company's total current assets stood at CNY 66.98 billion, reflecting stable asset management[32]. - The company's cash and cash equivalents decreased to approximately ¥6.38 billion from ¥6.70 billion, a decline of about 4.77% year-over-year[23]. - The ending cash and cash equivalents balance was CNY 5.80 billion, down from CNY 4.89 billion in the previous year[29]. - The company reported a total current assets of approximately ¥69.50 billion as of September 30, 2021, an increase from ¥66.98 billion as of December 31, 2020, representing a growth of about 3.77%[23]. Liabilities and Equity - The company's total liabilities reached CNY 64,739,336,961.39, an increase of 8.5% from CNY 59,478,267,600.88 in the previous period[25]. - The company's total liabilities included a contract liability of approximately ¥13.95 billion, which increased from ¥11.40 billion, representing a growth of about 22.25%[24]. - The company's long-term equity investments were reported at approximately ¥296.28 million, reflecting a decrease from the previous period[24]. - The total non-current liabilities amounted to CNY 31,616,254,489.93[34]. - The company's equity attributable to shareholders was CNY 15,356,722,044.39, including retained earnings of CNY 11,105,250,095.50[34]. Business Operations and Expansion - The company has been actively expanding its business scale, with new projects still in the early development stage, affecting revenue recognition[8]. - In the first three quarters of 2021, the company commenced construction on 2.1738 million square meters, a 494.5% increase year-over-year[13]. - The company achieved a sales amount of RMB 17.882 billion, an increase of RMB 9.088 billion or 103.4% year-over-year[13]. - The total area under property service contracts reached 12.5279 million square meters, a year-over-year growth of 22.53%[13]. - The company completed a capital increase of RMB 600 million for its subsidiary Chongqing Runneng, raising its registered capital from RMB 1 billion to RMB 1.6 billion[16]. - The company also increased capital for Nanjing Runneng Silicon Valley by RMB 600 million and for Suzhou Runneng Guangyu by RMB 1.3 billion[16]. - A total of RMB 1 billion was injected into Yibin Runneng's subsidiary Yibin Mountain Water Original Property[17]. - The company established a wholly-owned subsidiary in Jiangjin District, Chongqing, with a registered capital of RMB 500,000[17]. Impairment and Provisions - The company recognized an impairment provision of ¥238,048,340.00, which reduced the net profit attributable to shareholders by ¥199,748,730.00[8]. Management and Shareholder Information - The top shareholder, Luneng Group Co., Ltd., holds 76.13% of the shares, indicating strong control over the company[10]. - The company signed management contracts with its controlling shareholder, with management fees set at ¥100 million per year for various subsidiaries, totaling approximately ¥1.00 million in actual fees for the reporting period[18]. Audit and Reporting - The report for the third quarter was not audited[36].