JEP(SZ:000875)2023-10-30 16:00Revenue and Profit - Revenue for the current period reached ¥3,387,455,145.45, representing a 0.57% increase compared to ¥3,368,368,518.05 in the same period last year[1] - Net profit attributable to shareholders was ¥188,678,102.94, a significant increase of 173.91% from ¥68,095,289.62 in the previous year[1] - Net profit attributable to shareholders after deducting non-recurring gains and losses was ¥182,522,151.23, up 133.14% from ¥77,499,785.91 year-on-year[1] - Basic earnings per share increased to ¥0.0676, a 173.68% rise compared to ¥0.0244 in the same period last year[1] - Net profit for the current period is approximately $1.65 billion, an increase of about 38.7% compared to $1.19 billion in the previous period[20] - Basic earnings per share increased to $0.3891 from $0.2953, marking an increase of approximately 31.7%[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥74,894,825,311.25, reflecting a 4.44% increase from ¥71,519,003,610.53 at the end of the previous year[1] - The company's total liabilities grew to CNY 53.54 billion from CNY 51.77 billion, marking an increase of around 3.23%[15] - Shareholders' equity attributable to the parent company increased to ¥12,020,312,226.01, a 7.53% increase from ¥11,172,487,063.46 at the end of the previous year[1] - The equity attributable to shareholders rose to CNY 12.02 billion from CNY 11.18 billion, showing an increase of approximately 7.55%[15] Cash Flow - Cash flow from operating activities for the year-to-date was ¥3,379,436,709.52, down 41.67% from ¥5,793,806,387.34 in the previous year[1] - Cash flow from operating activities generated approximately $3.38 billion, down from $5.79 billion, indicating a decrease of about 41.6%[22] - The net cash inflow from financing activities was approximately ¥899.45 million, compared to ¥655.61 million in the previous period, indicating a significant increase[24] - The total cash and cash equivalents at the end of the period amounted to ¥1,079.08 million, down from ¥1,225.63 million in the previous period, reflecting a decrease of about 11.93%[24] Investments and Expenses - Research and development expenses increased by 48.74% to ¥24,806,493.56 as a result of increased investment in technology research[7] - Management expenses rose to approximately $99.89 million from $78.59 million, reflecting an increase of about 27%[19] - Tax expenses increased to approximately $292.04 million from $197.77 million, indicating an increase of about 47.6%[20] - Other income increased to approximately $73.98 million from $56.95 million, marking an increase of about 29.9%[19] Shareholder Information - Total number of ordinary shareholders at the end of the reporting period was 171,606[8] - The largest shareholder, State Power Investment Group Jilin Energy Investment Co., Ltd., holds 26.19% of shares, totaling 730,872,327 shares[8] Accounting Adjustments - The company made retrospective adjustments to its financial statements due to changes in accounting policies, impacting deferred tax assets and liabilities significantly[3] - Deferred tax assets increased from ¥89.83 million to ¥282.81 million, reflecting an impact of ¥192.98 million due to accounting adjustments[24] - Deferred tax liabilities rose from ¥153.83 million to ¥340.89 million, with an impact of ¥187.05 million due to the same accounting adjustments[24] Other Financial Metrics - The company received government subsidies amounting to ¥7,071,337.20 during the current period, contributing positively to the financial results[4] - Non-recurring gains and losses totaled ¥6,155,951.71 for the current period, with a year-to-date total of ¥36,119,006.59[4] - The company reported a significant increase in unallocated profits, which rose to CNY 2.02 billion from CNY 1.24 billion, reflecting a growth of approximately 62.5%[15] - Cash flow from investing activities resulted in a net outflow of approximately $4.33 billion, compared to a net outflow of $6.10 billion in the previous period, showing an improvement of about 29%[22] Shareholder Profit - Minority shareholders' profit increased by 54.14% to ¥567,917,626.94, attributed to the rise in net profit attributable to minority shareholders[7] Other Observations - The third quarter report was not audited, which may affect the reliability of the financial data presented[26]