电投产融(000958) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥1,366,875,775.24, representing a 4.93% increase compared to the same period last year[3]. - Net profit attributable to shareholders for Q3 2023 was ¥126,003,557.11, a decrease of 59.94% year-on-year[3]. - The net profit after deducting non-recurring gains and losses was ¥125,254,115.24, down 59.51% from the previous year[3]. - Basic earnings per share for Q3 2023 was ¥0.0234, a decrease of 59.93% year-on-year[3]. - The weighted average return on equity for Q3 2023 was 0.67%, down from 1.71% in the same period last year[3]. - Net profit for the current period is approximately ¥947.67 million, a decrease of 35% compared to ¥1.46 billion in the previous period[14]. - Total comprehensive income attributable to the parent company is approximately ¥701.84 million, down from ¥974.23 million in the previous period[14]. - The company’s total profit for the current period is approximately ¥1.16 billion, down from ¥1.76 billion in the previous period[14]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period was -¥535,558,467.79, a decline of 121.87% compared to the same period last year[3]. - Cash flow from operating activities shows a net outflow of approximately ¥535.56 million, contrasting with a net inflow of ¥2.45 billion in the previous period[16]. - Cash and cash equivalents decreased to 2,419,719,259.98 RMB from 3,142,307,506.82 RMB at the beginning of the year[10]. - The company reported a cash and cash equivalents balance of approximately ¥2.31 billion at the end of the period, down from ¥2.52 billion in the previous period[17]. - Cash and cash equivalents have increased, contributing to improved liquidity ratios[12]. Assets and Liabilities - The total assets at the end of the reporting period were ¥46,580,787,261.68, reflecting a 0.84% increase compared to the previous year-end[3]. - Total assets amount to ¥46,580,787,261.68, up from ¥46,190,644,161.00, reflecting an increase of 0.84%[12]. - Total liabilities are ¥18,037,302,298.07, a slight decrease from ¥18,177,677,004.15, indicating a reduction of 0.77%[12]. - Total equity attributable to shareholders is ¥18,873,684,348.10, an increase from ¥18,463,125,776.14, representing a growth of 2.23%[12]. Accounts and Inventory - Accounts receivable as of September 30, 2023, increased by 36.28% to ¥3,919,543,241.07, primarily due to growth in electricity fees and new energy subsidies[6]. - Inventory increased by 138.23% to ¥306,434,125.50, mainly due to the rise in fuel and raw materials for production[6]. - The company reported a significant increase in prepayments, which rose by 291.78% to ¥267,115,898.85, attributed to higher advance payments for fuel and engineering materials[6]. - Accounts receivable increased significantly to 3,919,543,241.07 RMB from 2,876,050,690.51 RMB[10]. - Inventory increased to 306,434,125.50 RMB from 128,627,608.72 RMB, indicating a rise in stock levels[10]. Operating Performance - Total operating revenue for the current period is ¥4,282,931,754.21, a decrease of 2.67% from ¥4,400,552,052.23 in the previous period[13]. - Operating income is ¥3,611,283,719.64, down from ¥3,719,355,676.55, reflecting a decline of 2.91%[13]. - Total operating costs for the current period are ¥3,407,030,578.25, slightly down from ¥3,429,905,377.62, indicating a decrease of 0.66%[13]. - Research and development expenses increased to ¥6,146,045.91 from ¥2,000,000.00, representing a significant rise of 207.30%[13]. - Net profit from investments is ¥509,920,542.35, compared to ¥542,141,272.10 in the previous period, showing a decrease of 5.93%[13]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 57,252, with the top 10 shareholders holding 53.25% of the shares[8]. - The largest shareholder, State Power Investment Corporation, holds 2,866,624,216 shares, representing 53.25% of total shares[8]. Accounting Changes - The company has adopted new accounting standards effective January 1, 2023, impacting deferred tax treatment[18]. - Deferred tax assets impacted by accounting policy changes amount to $104,180.48[19]. - Deferred tax liabilities impacted by accounting policy changes amount to $722,846.29[19]. - Unappropriated profits impacted by accounting policy changes amount to -$618,665.81[19]. - The third quarter report has not been audited[20].