赣能股份(000899) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥636,971,253.35, a decrease of 8.92% compared to the same period last year[3]. - The net profit attributable to shareholders was -¥84,969,843.17, representing a decline of 170.83% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥89,895,240.09, down 175.70% from the previous year[3]. - Operating profit for the current period was a loss of ¥12,193,748.53, compared to a profit of ¥360,100,249.24 in the previous period[32]. - Net profit for the current period was a loss of ¥7,882,387.18, down from a profit of ¥283,547,075.08 in the previous period[35]. - Basic and diluted earnings per share for the current period were both -0.0088, compared to 0.2902 in the previous period[35]. Assets and Liabilities - The total assets at the end of the reporting period were ¥9,242,060,668.47, an increase of 15.69% compared to the end of the previous year[3]. - The company's total assets reached RMB 9,242,060,668.47, compared to RMB 7,988,556,189.10 in the previous period, indicating a growth of approximately 15.7%[23]. - The total liabilities increased to RMB 4,295,428,599.77 from RMB 2,953,223,957.22, reflecting a rise of about 45.2%[27]. - The company's long-term borrowings rose significantly to RMB 1,843,188,556.19 from RMB 665,334,767.77, marking an increase of approximately 176.5%[27]. - The total non-current assets amounted to RMB 7,637,432,164.29, up from RMB 6,422,116,166.10, indicating an increase of approximately 18.9%[23]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥317,867,232.64, an increase of 114.77% year-on-year[3]. - Cash inflow from sales of goods and services was ¥2,477,862,214.11, up from ¥1,806,651,839.31 in the previous period[39]. - Total cash outflow from operating activities was ¥2,179,938,611.46, compared to ¥1,679,728,068.58 in the previous period[39]. - Net cash flow from investing activities was -$1,234,706,596.18, indicating a significant outflow compared to the previous period's outflow of -$156,769,394.46[42]. - Total cash inflow from financing activities reached $3,182,534,555.55, a substantial increase from $1,736,826,278.70 in the prior period[42]. - Net cash flow from financing activities was $1,125,726,140.45, contrasting with a negative cash flow of -$78,053,922.91 in the previous period[42]. - The ending balance of cash and cash equivalents was $736,971,750.88, up from $130,976,796.42 at the end of the previous period[42]. - Cash received from borrowings amounted to $3,165,784,555.55, significantly higher than $1,217,476,278.70 in the previous period[42]. - Cash paid for debt repayment was $1,870,545,036.00, compared to $1,656,800,000.00 in the prior period[42]. Operational Highlights - The company's gross profit margin decreased significantly due to rising coal prices, leading to an increase in operating costs by 40.34% to ¥1,901,291,902.38[9]. - The investment income increased by 52.82% to ¥81,579,105.01, primarily due to higher returns from associated companies[9]. - The company reported a decrease in accounts receivable by 45.86% to ¥191,605,716.39, indicating improved cash collection efficiency[6]. - The company generated 554,204 million kWh of electricity during the reporting period, a year-on-year increase of 7.02%[14]. - The average comprehensive benchmark coal price for the company's thermal power plants increased by 34.27% year-on-year, with coal costs rising by 45.68%[14]. - The company reported a loss during the reporting period due to increased generation costs driven by rising fuel prices[14]. - The company is actively promoting the development of new energy projects to transition towards green and low-carbon energy[14]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 39,615, with the top ten shareholders holding a significant portion of shares[10]. - Jiangxi Investment Group Co., Ltd. holds 39.72% of the shares, while State Power Investment Corporation holds 33.72%[10]. Project Development - The company is advancing the construction of the Fengdian Phase III project, with significant progress on multiple construction milestones as of September 30, 2021[16]. - The company has received a notice from the Jiangxi Provincial Energy Bureau regarding the adjustment of coal-fired power market trading prices, which will not exceed a 20% fluctuation range[15]. Other Financial Information - The company issued two short-term financing bonds during the reporting period, with a total balance of RMB 40 million and interest rates of 3.37% and 3.00% respectively[19]. - The company's cash and cash equivalents stood at RMB 737,221,800.88, compared to RMB 528,335,023.97 in the previous period, showing an increase of approximately 39.5%[20]. - The company's retained earnings decreased to RMB 1,091,863,065.02 from RMB 1,198,039,630.77, a decline of about 8.9%[27]. - The third quarter report was not audited, indicating that the financial figures may be subject to further review[46]. - The company reported no impact from foreign exchange fluctuations on cash and cash equivalents[42].