甘肃能源(000791) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was CNY 585,358,506.64, a decrease of 26.18% compared to the same period last year[5] - The net profit attributable to shareholders for the first nine months of 2021 was CNY 308,918,086.13, down 35.94% year-on-year[9] - The basic earnings per share for the first nine months of 2021 was CNY 0.2272, reflecting a decrease of 35.94% compared to the same period last year[12] - Total operating revenue for the current period is ¥1,514,024,778.05, a decrease of 12.74% compared to ¥1,735,692,043.24 in the previous period[29] - Net profit for the current period is ¥355,193,711.89, down 34.38% from ¥541,480,313.55 in the previous period[32] - The total comprehensive income for the current period is ¥354,884,109.24, down from ¥541,494,054.83, indicating a decline in overall profitability[32] - The total comprehensive income attributable to the parent company was 308,608,483.48 CNY, down from 482,283,335.74 CNY, representing a decrease of approximately 36.1%[35] - Basic and diluted earnings per share decreased to 0.2272 CNY from 0.3547 CNY, reflecting a decline of about 36%[35] Assets and Liabilities - Total assets at the end of Q3 2021 were CNY 17,804,602,503.26, a decrease of 6.47% from the end of the previous year[5] - The company's total current assets decreased from CNY 3,090,242,769.63 at the end of 2020 to CNY 2,265,025,089.63 by September 30, 2021, a reduction of about 26.7%[23] - The company's total assets decreased to ¥17,804,602,503.26 from ¥19,037,088,967.14, reflecting a reduction of 6.46%[29] - Total liabilities decreased to ¥9,682,385,697.58 from ¥11,542,566,016.97, a reduction of 16.14%[29] - The company has a long-term loan liability of approximately 7.42 billion and bonds payable of about 2.01 billion[45] - The company has a total of approximately 126.36 million in accounts payable, indicating ongoing operational commitments[45] Cash Flow - Cash flow from operating activities for the first nine months of 2021 was CNY 914,690,208.21, down 20.72% year-on-year[5] - Cash inflow from operating activities totaled 1,450,787,475.11 CNY, a decrease of 12.6% compared to 1,659,196,007.97 CNY in the previous period[35] - Net cash flow from operating activities was 914,690,208.21 CNY, down 20.7% from 1,153,688,367.80 CNY[35] - Cash inflow from financing activities was 500,593,255.62 CNY, significantly lower than 1,033,488,900.00 CNY in the previous period[38] - The net cash flow from financing activities was -1,891,355,436.52 CNY, compared to -1,387,808,491.92 CNY in the previous period, indicating increased cash outflows[38] Investments and Subsidies - The company received government subsidies amounting to CNY 5,809,281.28 in the first nine months of 2021, which is a significant contribution to its non-operating income[7] - The company's long-term equity investments increased from CNY 12,997,029.00 at the end of 2020 to CNY 17,057,184.00 by September 30, 2021, an increase of approximately 31.6%[23] - Investment income for the current period is ¥105,404,620.76, up from ¥92,587,430.91, indicating a positive trend in investment performance[32] Shareholder Information - The total number of common shareholders at the end of the reporting period is 66,932, with the largest shareholder, Gansu Electric Power Investment Group Co., Ltd., holding 62.54% of the shares[13] - Gansu Electric Power Investment Group Co., Ltd. holds 850,331,727 shares, representing 10.44% of the total share capital, which has been pledged for the issuance of exchangeable bonds[20] - The company has a total of 14,200,000 shares pledged, which is 10.44% of the total share capital, to secure the issuance of exchangeable bonds[20] Operational Performance - The company's electricity generation decreased to 6.044 billion kWh in the first nine months of 2021, down from 7.231 billion kWh in the same period last year, a reduction of 11.87 billion kWh[12] - The company plans to focus on expanding its renewable energy projects to mitigate the impact of reduced water flow on electricity generation[12] - The company successfully completed the grid connection and commercial operation of the first unit of the Shenshu Hydropower Station on October 3, 2021[20] Inventory and Other Assets - The company's inventory increased from CNY 5,281,865.55 at the end of 2020 to CNY 7,446,143.13 by September 30, 2021, an increase of approximately 40.8%[23] - The company's cash and cash equivalents decreased from CNY 1,443,631,173.63 at the end of 2020 to CNY 391,527,328.80 by September 30, 2021, a decline of approximately 72.8%[23] - The company's cash and cash equivalents decreased by 239.74% to a net decrease of CNY 1,052,517,026.86 in the first nine months of 2021[12]