赣能股份(000899) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2022 reached ¥1,469,571,593.60, representing a 130.71% increase compared to the same period last year[6]. - The net profit attributable to shareholders for the same period was ¥124,925,387.94, with a year-to-date net profit of ¥159,704,243.35[6]. - The weighted average return on equity was 2.63%, an increase of 4.35% compared to the previous year[6]. - Total operating revenue for the period reached ¥2,850,862,698.27, an increase of 42% compared to ¥2,011,266,023.71 in the previous period[33]. - Total profit reached ¥164,263,191.64, a significant recovery from a loss of ¥6,502,029.25 in the previous year[36]. - Net profit for the period was ¥160,499,331.54, compared to a net loss of ¥7,882,387.18 in the same period last year, indicating a turnaround[36]. - The company reported a basic earnings per share of ¥0.16, compared to a loss per share of ¥0.01 in the previous year[39]. - Total operating income was ¥165,075,850.82, a recovery from an operating loss of ¥12,193,748.53 in the previous year[36]. Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥10,887,519,593.00, reflecting a 10.52% increase from the end of the previous year[6]. - Accounts receivable increased by 131.72% to ¥504,650,462.71, primarily due to increased electricity sales from the new power generation unit[11]. - Total liabilities increased to ¥6,025,916,492.42 from ¥5,150,403,770.55, indicating a rise in financial obligations[32]. - The total liabilities decreased by 33.75% in accounts payable, amounting to ¥405,620,602.88, mainly due to reduced fuel payables[11]. - Non-current assets totaled ¥8,961,010,334.08, up from ¥8,312,788,103.18, reflecting growth in long-term investments[29]. Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥188,538,715.45, a decrease of 40.69% compared to the previous year[11]. - Operating cash flow net amount was ¥188,538,715.45, down from ¥317,867,232.64 in the previous year, reflecting a decrease of approximately 40.6%[43]. - The company generated cash inflow from operating activities totaling ¥2,781,256,162.00, compared to ¥2,497,805,844.10 in the previous year, marking an increase of approximately 11.3%[43]. - Investment activities resulted in a net cash outflow of ¥922,182,491.54, an improvement from a larger outflow of ¥1,234,706,596.18 in the previous year[43]. - Financing activities generated a net cash inflow of ¥827,122,118.33, down from ¥1,125,726,140.45 in the previous year, indicating a decrease of about 26.5%[43]. - Cash and cash equivalents increased to ¥863,671,655.82 from ¥758,769,108.24, indicating improved liquidity[26]. - Cash and cash equivalents at the end of the period totaled ¥846,398,813.00, up from ¥736,971,750.88, showing an increase of about 15%[43]. Shareholder Information - The company’s major shareholder, Jiangxi Investment Group, holds 37.78% of the shares, totaling 368,570,131 shares[22]. - Another major shareholder, State Power Investment Corporation, holds 32.22% of the shares, totaling 314,365,100 shares[22]. - The company’s major shareholders have reduced their holdings, with Jiangxi Investment Group reducing by 18,925,431 shares (1.94%) and State Power Investment reducing by 14,634,900 shares (1.49997%) in total[22][24]. - The company has not identified any related party relationships among shareholders holding more than 5% of the shares[24]. Operational Highlights - The total installed capacity of the company is 2,593.44 MW, including 2,400 MW from thermal power, 100 MW from hydropower, and 93.44 MW from photovoltaic power[20]. - The company completed a total electricity generation of 6.468 billion kWh from January to September 2022, representing a year-on-year increase of 22.50%[20]. - The thermal power generation accounted for 6.136 billion kWh, with a year-on-year increase of 22.04%[20]. - The hydropower generation was 251 million kWh, showing a year-on-year increase of 26.13%[20]. - The photovoltaic power generation reached 81 million kWh, marking a year-on-year increase of 52.83%[20]. - The company’s Phase III project at Fengcheng Power Plant has made significant progress, with the 7 unit officially commencing commercial operation on July 20, 2022[21]. Expenses and Efficiency - Total operating costs amounted to ¥2,766,087,085.45, up from ¥2,107,096,540.14, reflecting a significant rise in operational expenses[33]. - Research and development expenses were recorded at ¥47,619,351.27, slightly down from ¥54,555,058.45, indicating a potential shift in investment strategy[33]. - The company reported a decrease in tax and additional charges to ¥11,323,533.37 from ¥14,311,227.57, which may reflect improved tax efficiency[33]. - Interest income increased to ¥4,907,546.52 from ¥3,976,264.57, representing a growth of approximately 23.3% year-over-year[36]. - The company reported a significant increase in other income, which rose by 507.23% to ¥1,806,209.01, attributed to government subsidies[11]. - The company received government subsidies totaling ¥182,324.27 during the reporting period, contributing to its non-operating income[7].