建投能源(000600) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter was CNY 3,259,560,000, a decrease of 7.44% compared to CNY 3,521,633,000 in the same period last year[3]. - The net profit attributable to shareholders was CNY -880,789,070, a decline of 370.86% from CNY 325,184,755 in the previous year[5]. - The net profit after deducting non-recurring gains and losses was CNY -909,923,647, a decrease of 390.98% compared to CNY 312,710,989 in the same period last year[5]. - The basic earnings per share were CNY -0.492, down 370.33% from CNY 0.182 in the previous year[5]. - Total revenue for the third quarter was approximately ¥10.73 billion, a slight increase from ¥10.69 billion in the previous year, representing a growth of 0.4%[31]. - Operating profit turned negative at approximately -¥1.02 billion, compared to a profit of ¥1.35 billion in the same period last year[34]. - Net profit for the quarter was approximately -¥983.36 million, a decline from a profit of ¥1.09 billion in the previous year[34]. - The total comprehensive income attributable to the parent company was -739,987,553.46 yuan, compared to 853,784,710.59 yuan in the previous period, indicating a significant decline[37]. - Basic and diluted earnings per share were both -0.413 yuan, down from 0.477 yuan in the previous period[37]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 36,683,527,142.28, an increase of 2.60% from CNY 35,752,622,712.62 at the end of the previous year[5]. - Non-current assets totaled approximately ¥30.02 billion, an increase from ¥28.72 billion, reflecting a growth of 4.5%[30]. - Total current assets as of September 30, 2021, were approximately RMB 6.67 billion, down from RMB 7.03 billion at the end of 2020[25]. - Total liabilities rose to approximately ¥22.77 billion from ¥20.20 billion, indicating an increase of 12.7%[31]. - Total current liabilities are approximately $10.57 billion, with short-term borrowings at $5.04 billion[51]. - Total non-current liabilities amount to approximately $9.63 billion, with long-term borrowings at about $7.77 billion[51]. - Total equity attributable to shareholders is approximately $12.53 billion, with retained earnings at about $5.14 billion[51]. Cash Flow - The net cash flow from operating activities was CNY 880,564,224.07, a decrease of 53.67% compared to CNY 1,900,663,739.64 in the same period last year[5]. - Cash inflow from operating activities totaled 13,191,216,132.34 yuan, an increase from 11,751,087,895.43 yuan year-over-year[41]. - Cash outflow from investing activities was 1,800,057,632.48 yuan, compared to 1,033,789,245.21 yuan in the previous period, reflecting increased investment expenditures[41]. - Net cash flow from financing activities was 655,446,658.90 yuan, a recovery from a net outflow of -1,126,047,844.43 yuan in the previous period[44]. - The cash and cash equivalents at the end of the period amounted to 2,006,557,091.07 yuan, slightly down from 2,026,039,723.55 yuan at the end of the previous period[44]. - The company received 12,597,460,237.93 yuan in cash from borrowings, significantly up from 7,346,157,782.18 yuan in the previous period[41]. - The company paid 10,912,884,144.04 yuan in cash for debt repayment, compared to 7,505,578,024.66 yuan in the previous period[41]. - The company reported a cash inflow of 27,166,686.18 yuan from tax refunds, up from 20,085,899.36 yuan in the previous period[41]. Investments and Acquisitions - The company completed the acquisition of a 40% stake in Qinhuangdao Qinre Power Generation Co., Ltd. for RMB 314.85 million, enhancing its energy portfolio[22]. - The acquisition of a 51% stake in Hebei Construction Guorong Energy Service Co., Ltd. was completed for RMB 101.78 million, further expanding its service capabilities[22]. - The company experienced a substantial decrease in investment income, which fell by 160.28% to CNY -137,779,451.04 due to a decline in the net profit of its invested power generation companies[12]. - The company reported a significant decline in investment income, with a loss of approximately -¥137.78 million compared to a gain of ¥228.58 million in the previous year[34]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 68,068, with the largest shareholder, Hebei Construction Investment Group, holding 65.63% of shares[17]. - The company has not disclosed any known relationships or concerted actions among its top shareholders[20]. Other Financial Metrics - The weighted average return on equity decreased by 10.07 percentage points to -7.45% from 2.62% in the previous year[5]. - The company reported a significant increase in other operating income, which rose by 424.45% to CNY 49,198,126.70 due to the sale of carbon emission quotas[12]. - The company’s prepayments increased by 44.93% to CNY 1,581,704,912.54, primarily due to increased coal prepayments to its controlling power generation companies[10]. - Accounts receivable decreased to approximately RMB 1.59 billion from RMB 2.24 billion year-over-year, indicating improved collection efficiency[25]. - Inventory increased to approximately RMB 656.15 million from RMB 603.29 million, reflecting a strategic buildup in anticipation of future demand[25]. - Research and development expenses were approximately ¥20.59 million, up from ¥18.86 million, indicating a focus on innovation[34]. Regulatory and Audit Information - The third-quarter report has not been audited[54]. - The company has implemented new leasing standards since January 1, 2021, affecting the financial statements[53].