建投能源(000600) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥4,330,202,181.13, a decrease of 13.20% compared to the same period last year[4]. - Net profit attributable to shareholders was ¥142,357,050.77, down 58.67% year-on-year[4]. - The net profit after deducting non-recurring gains and losses was ¥125,967,209.84, reflecting a decline of 63.09% compared to the previous year[4]. - The basic earnings per share for the period was ¥0.079, a decrease of 58.85% year-on-year[5]. - The weighted average return on equity was 1.44%, down 2.11 percentage points from the previous year[5]. - The total comprehensive income for the period was ¥203,009,529.70, significantly lower than ¥444,946,263.94 in the same period last year[19]. - The net profit for the period reached ¥203,009,529.70, a decrease from ¥444,946,263.94 in the previous period, representing a decline of approximately 54.4%[58]. - The total profit amounted to ¥262,327,548.71, down from ¥528,704,716.79, indicating a decrease of about 50.3%[58]. Cash Flow and Assets - The company's cash flow from operating activities showed a net amount of ¥699,477,569.82, down 61.73% year-on-year[4]. - The net cash flow from operating activities decreased by 61.73% to ¥699,477,569.82 compared to ¥1,827,930,917.60 in the previous period[32]. - The company reported a decrease in cash and cash equivalents to ¥1,764,477,885.07 from ¥3,625,679,681.22 at the beginning of the year[21]. - The company reported cash and cash equivalents of ¥1,777,129,604.64 as of September 30, 2023, an increase from ¥1,273,252,480.18 at the beginning of the year, marking a growth of about 39.5%[63]. - The total current assets reached ¥6,818,685,313.80, compared to ¥6,577,994,158.90 at the start of the year, showing an increase of approximately 3.7%[63]. - Total assets at the end of the period amounted to ¥37,879,422,188.21, an increase of 3.66% from the end of the previous year[5]. - Total assets rose to ¥37,879,422,188.21 from ¥36,542,174,169.68[37]. Liabilities and Equity - The company's total liabilities increased to ¥25,266,616,670.18, up from ¥24,148,562,729.42 in the previous period[56]. - Non-current liabilities rose to ¥18,862,238,899.03, compared to ¥15,915,727,831.85 previously[56]. - The company's equity capital remained stable at ¥1,791,626,376.00, with capital reserves slightly increasing to ¥4,467,392,080.26 from ¥4,447,816,862.29[56]. - The company incurred a credit impairment loss of ¥57,514,988.10, compared to ¥9,846,422.52 in the previous period, indicating a significant increase in credit risk[58]. Revenue and Costs - Total revenue for the period was ¥13,269,183,379.00, a decrease from ¥13,834,066,770.93 in the previous period[39]. - Total operating costs decreased to ¥13,427,453,607.14 from ¥13,557,736,885.61, with operating costs specifically down to ¥11,795,286,482.63 from ¥12,217,116,472.78[39]. - The company reported a decrease in cash received from sales and tax refunds, while tax payments increased year-on-year[32]. Investments and Expenses - Long-term equity investments increased to ¥4,323,181,404.12 from ¥4,288,883,332.96[37]. - R&D expenses surged by ¥360,466,474.45, marking a 168.67% increase from ¥213,712,302.83 to ¥574,178,777.28 due to heightened investment in research and development[49]. - Investment income rose by ¥106,133,212.15, a 76.21% increase from ¥139,261,922.38 to ¥245,395,134.53, driven by higher profits from associated companies[49]. - Sales expenses increased by ¥25,806,351.04, representing a 37.57% rise from ¥68,688,703.10 to ¥94,495,054.14, attributed to the expansion of the subsidiary's sales operations[49]. Operational Metrics - The total power generation for the first three quarters reached 30.625 billion kWh, reflecting a year-on-year growth of 4.70%[53]. - The average on-grid settlement price decreased by ¥30.60 per MWh to ¥400.27, primarily due to last year's extreme weather affecting power supply and demand[53]. - The average standard coal price dropped by 3.36% to ¥926.06 per ton, benefiting from favorable market conditions and optimized procurement strategies[53]. Financing Activities - The net cash flow from financing activities increased by 228.93% to ¥1,053,073,102.51, driven by an increase in cash received from borrowings[32]. - The net cash flow from financing activities was ¥1,053,073,102.51, contrasting with a negative cash flow of ¥816,789,412.76 in the previous period, indicating a recovery in financing[60]. Other Information - The company has not disclosed any new product developments or market expansion strategies in the current report[34].