晋控电力(000767) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥3,720,209,814.28, an increase of 23.16% compared to the same period last year[3]. - The net profit attributable to shareholders was -¥8,342,268.86, a decrease of 113.91% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥25,280,806.23, a decrease of 148.42% compared to the previous year[3]. - Total operating revenue for the third quarter was CNY 9,618,720,953.40, an increase of 14.66% from CNY 8,387,275,159.85 in the previous year[27]. - The net profit for the period was a loss of CNY 93,085,346.33, compared to a profit of CNY 181,353,453.92 in the same period last year[30]. - The total comprehensive income attributable to the parent company was 4,942,679.10, compared to 175,423,410.20 in the previous period[33]. - Basic and diluted earnings per share were both 0.0016, down from 0.0570 in the previous period[33]. Assets and Liabilities - The total assets at the end of the reporting period were ¥60,698,643,880.34, reflecting a 6.76% increase from the end of the previous year[3]. - Total assets increased to CNY 60,698,643,880.34 from CNY 56,853,939,284.09, representing an increase of 6.45%[25]. - Total liabilities rose to CNY 51,573,394,875.34, up from CNY 48,232,416,253.51, indicating a growth of 4.82%[25]. - Non-current liabilities totaled CNY 22,944,072,698.60, compared to CNY 20,063,955,941.67, marking an increase of 14.24%[25]. - Current liabilities totaled approximately ¥28.17 billion, including short-term borrowings of ¥7.05 billion and accounts payable of ¥5.18 billion[47]. - Non-current liabilities reached approximately ¥20.06 billion, with long-term borrowings at ¥10.95 billion and long-term payables at ¥8.17 billion[47]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥553,824,616.95, representing a 200.37% increase[3]. - The net cash flow from operating activities was 553,824,616.95, an increase from 184,382,024.55 in the previous period[34]. - Cash received from sales of goods and services amounted to 8,555,223,334.57, up from 7,307,575,400.02 in the previous period, reflecting a growth of approximately 17.1%[34]. - The net cash flow from investing activities was -1,400,262,095.12, an improvement from -2,669,320,266.94 in the previous period[40]. - Cash flow from financing activities generated a net amount of 1,779,662,171.01, compared to 1,902,056,749.91 in the previous period[40]. - The ending cash and cash equivalents balance was 2,576,765,575.86, compared to 1,193,784,143.46 in the previous period, indicating a significant increase[40]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 134,029[12]. - The largest shareholder, Jinneng Holding Coal Industry Group Co., Ltd., holds 29.43% of shares, totaling 905,653,810 shares[12]. - The top ten shareholders collectively hold a significant portion of the company's equity, indicating concentrated ownership[12]. Inventory and Receivables - Accounts receivable increased by 31.02% to ¥6,527,232,961.26, primarily due to an increase in renewable energy subsidy receivables[6]. - Inventory increased by 88.02% to ¥1,973,351,327.02, mainly due to an increase in fuel stock[6]. - Accounts receivable increased to CNY 6.53 billion from CNY 4.98 billion year-over-year[19]. - Inventory as of September 30, 2021, was CNY 1.97 billion, up from CNY 1.05 billion in the previous year[19]. Investments and Equity - The company’s investment income for the period was ¥47,752,141.69, a decrease of 48.94% year-on-year due to reduced net profits from associated companies[7]. - Long-term equity investments stood at CNY 2.91 billion, slightly up from CNY 2.86 billion year-over-year[19]. - The company’s equity attributable to shareholders increased to CNY 8,840,012,782.68 from CNY 8,237,058,782.83, reflecting a growth of 7.33%[25]. Operational Insights - The company is exploring market expansion strategies and new product development to enhance its competitive position[12]. - The company has ongoing investments in fixed assets, which decreased from CNY 28,750,723,363.18 to CNY 15,687,751,839.50, indicating a potential shift in capital allocation strategy[25]. - The company has implemented new leasing standards effective from January 1, 2021, impacting financial reporting[49]. - The third quarter report for 2021 was not audited, indicating preliminary financial results[51].