晋控电力(000767) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was ¥59,987,493.47, representing a significant increase of 197.49% year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses reached ¥52,206,906.80, up 612.07% year-on-year[7]. - Basic earnings per share were ¥0.0195, reflecting a growth of 195.45% compared to the previous year[7]. - The weighted average return on net assets was 0.77%, an increase of 1.52% compared to the previous year[7]. - Cash flow from operating activities was ¥150,974,533.38, an increase of 107.06% compared to the previous period[7]. - The company reported a total profit of CNY 304,938,331.04, compared to CNY 40,496,815.15 in the previous year, marking a significant improvement[55]. - Net profit for Q3 2020 was CNY 59,879,681.09, compared to a net profit of CNY 3,755,045.37 in Q3 2019, indicating a significant increase[49]. - Net profit for the current period is -¥142,348,261.39, an improvement from -¥224,114,856.19 in the previous period, indicating a reduction in losses[60]. Revenue and Costs - Operating revenue for the reporting period was ¥3,020,564,561.48, showing a slight increase of 0.13% compared to the same period last year[7]. - Total operating revenue for Q3 2020 was CNY 3,020,564,561.48, a slight increase from CNY 3,016,712,610.00 in Q3 2019, representing a growth of 0.1%[47]. - Total operating costs decreased to CNY 2,949,445,314.98 from CNY 3,081,485,351.57 in the previous year, reflecting a reduction of approximately 4.3%[48]. - Operating costs decreased to ¥2,103,336,009.93, down 9.48% from ¥2,324,929,254.88[58]. Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥54,406,878,427.79, a decrease of 6.81% compared to the end of the previous year[7]. - The total assets of the company reached CNY 28,728,513,619.83, up from CNY 26,969,340,058.68, indicating an increase of about 6.5%[45]. - Total liabilities rose to ¥45,838,269,892.95 from ¥42,947,291,778.44, marking an increase of about 6.7%[41]. - Current liabilities decreased to ¥22,467,120,256.59 from ¥24,960,465,223.58, a reduction of about 10%[41]. - Non-current liabilities increased to ¥23,371,149,636.36 from ¥17,986,826,554.86, showing a significant rise of approximately 30%[41]. - Long-term borrowings increased by 37.21% to RMB 12,704,504,468.18, reflecting an increase in long-term financing[20]. Shareholder Information - The total number of shareholders at the end of the reporting period was 120,695[12]. - The largest shareholder, Datong Coal Mine Group Co., Ltd., held 29.43% of the shares[12]. Cash Flow - Cash flow from tax refunds decreased by 80.28% to RMB 1,849,669.28, primarily due to a reduction in VAT refunds[24]. - Cash flow from financing activities generated a net cash inflow of ¥1,902,056,749.91, contrasting with a net outflow of -¥1,557,647,150.69 in the previous period[65]. - Cash flow from investing activities resulted in a net outflow of -¥2,669,320,266.94, compared to a net inflow of ¥339,930,221.98 in the previous period[62]. Investment and Income - Investment income for the period was RMB 93,518,426.60, an increase of 87.12% compared to the previous year, attributed to higher net profits from associated companies[23]. - The company reported non-recurring gains and losses totaling ¥37,401,010.33 for the reporting period[9]. - Other comprehensive income attributable to the parent company was CNY 175,423,410.20, compared to CNY 57,538,990.12 in the previous year[57]. Financial Challenges - The company reported a net loss of CNY 53,271,184.11 in retained earnings, reflecting ongoing financial challenges[75]. - The company incurred tax expenses of CNY 123,584,877.12, compared to CNY 12,186,961.15 in the previous year, reflecting increased profitability[55].