吉电股份(000875) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the third quarter was ¥2,148,387,589.24, representing a year-on-year growth of 5.31%[10] - Net profit attributable to shareholders was a loss of ¥34,358,270.40, a decrease of 139.09% compared to the same period last year[10] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥17,615,968.03, an increase of 73.98% in losses year-on-year[10] - Basic earnings per share were -¥0.0160, a decrease of 139.02% compared to the previous year[10] - Operating profit increased by 71.43% year-on-year, driven by profit growth in the new energy sector and cost reduction efforts[30] - Total profit increased by 32.66% year-on-year, attributed to profit growth in the new energy sector and cost reduction[30] - Net profit attributable to shareholders of the parent company increased by 36.79% year-on-year, mainly due to profit growth in the new energy sector[30] - Total operating revenue for the current period was ¥912,539,726.56, a decrease of 12.5% compared to ¥1,042,935,890.76 in the previous period[92] - Net profit for the current period was ¥24,772,370.65, compared to a net profit of ¥155,376,228.86 in the previous period, indicating a significant decline[87] - The company reported a loss attributable to the parent company of ¥34,358,270.40, contrasting with a profit of ¥87,895,796.06 in the previous period[87] - The total profit for the current period was ¥53,723,640.66, a decrease from ¥167,927,844.59 in the previous period[87] - The company reported a net profit of CNY 14,063,715.65, recovering from a loss of CNY 414,597,895.28 in the previous year[72] Assets and Liabilities - Total assets at the end of the reporting period reached ¥50,470,327,282.89, an increase of 17.95% compared to the previous year[10] - The company's current assets totaled CNY 8.18 billion, up from CNY 7.15 billion in December 2019, indicating a growth of about 14.4%[63] - The total liabilities increased to CNY 39,181,155,652.04, up from CNY 31,963,950,802.50, reflecting a growth of approximately 22.4%[72] - Non-current liabilities totaled CNY 25,241,290,560.82, compared to CNY 19,139,915,816.59, marking an increase of about 32%[72] - Current liabilities rose to CNY 13,939,865,091.22, up from CNY 12,824,034,985.91, representing an increase of approximately 8.7%[72] - The total liabilities increased to CNY 8.99 billion from CNY 8.23 billion, indicating a rise of about 9.2%[66] - Long-term borrowings increased by 31.82% compared to the beginning of the period, primarily due to the increase in new energy projects[29] - Long-term borrowings increased to CNY 21,845,544,729.57 from CNY 16,571,843,445.23, showing a growth of about 31.5%[72] - The company’s total liabilities reflect a robust financial structure, with a significant portion attributed to long-term obligations[133] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥1,692,820,594.07, an increase of 10.29% compared to the previous year[10] - Cash received from operating activities increased by 240.16% year-on-year, primarily due to the recovery of receivables from Tonghua Thermal Power and Baishan Thermal Power[32] - Cash flow from financing activities generated a net inflow of approximately ¥5.82 billion, compared to a net outflow of ¥15.99 million in the prior year[119] - Cash inflow from operating activities totaled approximately ¥6.22 billion, up from ¥4.98 billion year-over-year, reflecting a growth of about 25%[116] - Cash outflow from operating activities was approximately ¥4.52 billion, compared to ¥3.45 billion in the previous period, indicating an increase of about 31%[116] - The net cash flow from financing activities was 1,678,892,080.38, compared to a negative cash flow of -714,627,693.61 in the previous period, indicating a significant improvement[126] Shareholder Information - The total number of shareholders at the end of the reporting period was 168,641, with the largest shareholder holding 19.61% of the shares[17] - The equity attributable to shareholders of the parent company increased to CNY 7,791,307,132.30 from CNY 7,567,897,033.81, reflecting a growth of approximately 2.9%[72] - The company has committed to reducing related party transactions and avoiding competition in the same industry over the next 5 to 8 years[44] Investment and Expenses - The company received government subsidies totaling ¥17,152,040.00 during the reporting period[14] - The company recorded investment income of ¥32,433,539.97, down from ¥47,203,719.09 in the previous period[92] - Financial expenses for the current period amounted to ¥173,996,578.80, an increase from ¥151,819,271.56 in the previous period[92] - The company experienced a significant increase in tax expenses, with current period taxes at ¥28,951,270.01 compared to ¥12,551,615.73 in the previous period[87] - Tax expenses rose to ¥139,798,443.21 from ¥77,449,128.00, reflecting an increase of 80.5%[102] Other Financial Metrics - The weighted average return on net assets was -0.45%, down from 1.16% in the same period last year[10] - The company has not undergone an audit for the third quarter report, which may affect stakeholder confidence[145] - The company adjusted its financial statements in accordance with new revenue and leasing standards, impacting the beginning balance of the asset-liability statement[127]