银星能源(000862) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders increased by 126.28% to CNY 4,241,270.33 for the reporting period[9]. - Operating revenue for the reporting period was CNY 316,852,446.25, a slight decrease of 0.33% year-on-year[9]. - Total profit increased by 42.09% year-on-year, attributed to a robust order book in the tower business[18]. - Net profit increased by 46.44% year-on-year, driven by the same factors as total profit[18]. - Basic earnings per share rose by 126.28% to CNY 0.0060[9]. - The net profit for Q3 2020 was CNY 7,772,020.74, a significant improvement compared to a net loss of CNY 17,447,434.29 in the same period last year[44]. - The company recorded a total comprehensive income of ¥32,836,242.96, up from ¥22,423,571.49, marking a growth of 46.5%[53]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 9,220,152,104.04, a decrease of 1.42% compared to the end of the previous year[9]. - Total liabilities decreased to CNY 6,527,240,529.60 from CNY 6,698,277,082.03, a reduction of approximately 2.55%[35]. - Current assets increased to ¥2,304,558,164.64 from ¥2,058,749,890.48, representing a growth of about 11.93% year-over-year[33]. - Short-term borrowings increased significantly to ¥971,000,000.00 from ¥610,000,000.00, marking a rise of about 59.02%[34]. - The total liabilities to equity ratio is approximately 2.52, indicating a leveraged capital structure[67]. Cash Flow - The net cash flow from operating activities was CNY 213,136,683.52, down by 0.43% compared to the same period last year[9]. - Cash received from tax refunds decreased by 59.19% year-on-year, mainly due to delays in VAT refund payments[19]. - Cash inflow from operating activities totaled 728,606,722.32, down from 751,643,606.00, reflecting a decline of 3.1%[58]. - The net cash flow from investment activities was -11,738,334.59, an improvement from -212,572,700.29 in the previous period[59]. - The ending balance of cash and cash equivalents was 246,157,551.36, compared to 176,023,715.52, showing an increase of 39.8%[59]. Shareholder Information - The total number of shareholders at the end of the reporting period was 54,571[13]. - The largest shareholder, Chalco Ningxia Energy Group Co., Ltd., held 40.23% of the shares[13]. - There were no significant changes in the shareholding structure or any repurchase agreements during the reporting period[14]. Government Support and Investments - The company received government subsidies amounting to CNY 9,396,575.32 during the reporting period[10]. - The company plans to inject 49% equity of the Alashan Zuoqi Helan Mountain Wind Power Project and Shaanxi Province's 200MW Electric Power Company into Ningxia Yinxing Energy within 24 months at a fair price determined by assessment[21]. Compliance and Governance - The company has committed to maintaining operational independence to protect the legal rights of other shareholders, ensuring personnel, assets, and business independence[21]. - The company has not reported any violations regarding external guarantees during the reporting period[29]. - The company is focused on compliance with updated accounting standards to enhance financial transparency and accuracy[72].