2022-10-27 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥8,543,420,519.92, representing a 5.15% increase compared to ¥8,124,900,054.82 in the same period last year[2]. - Net profit attributable to shareholders for Q3 2022 was ¥1,020,116,185.79, a significant increase of 93.06% from ¥528,398,386.63 in the previous year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,069,638,437.95, up 134.03% from ¥457,044,158.39 year-on-year[2]. - Basic earnings per share for Q3 2022 were ¥0.1217, an increase of 84.95% compared to ¥0.0658 in the same period last year[3]. - Total operating revenue for the third quarter of 2022 reached CNY 30,215,895,391.89, an increase of 9.8% compared to CNY 27,528,841,190.78 in the same period last year[26]. - The company's total profit for Q3 2022 was CNY 7,677,438,923.08, compared to CNY 7,957,326,379.00 in Q3 2021, reflecting a decline of approximately 3.5%[27]. - Net profit attributable to shareholders of the parent company for Q3 2022 was CNY 5,352,963,756.16, down from CNY 5,771,142,763.80 in Q3 2021, a decrease of about 7.3%[28]. - The total comprehensive income for Q3 2022 was CNY 6,315,356,663.79, down from CNY 6,756,949,079.08 in Q3 2021, indicating a decrease of approximately 6.5%[28]. Assets and Liabilities - The company's total assets as of the end of the reporting period were ¥213,784,472,255.83, reflecting a 4.21% increase from ¥189,305,705,339.80 at the end of the previous year[3]. - Total current assets increased to CNY 50,909,818,736.43, up from CNY 40,136,061,415.14, representing a growth of about 26%[24]. - Total liabilities rose to CNY 132,384,511,726.55, compared to CNY 126,724,145,888.07, indicating an increase of approximately 4.2%[25]. - Long-term borrowings increased to CNY 53,456,955,620.00 from CNY 46,373,461,441.04, marking a rise of about 15%[25]. - The equity attributable to shareholders of the parent company increased to CNY 70,003,707,632.81 from CNY 68,499,464,281.50, a growth of about 2.2%[25]. - Other payables surged to CNY 7,982,043,738.87 from CNY 4,305,559,809.56, reflecting an increase of about 85%[25]. Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥18,976,669,622.94, representing an 86.18% increase from ¥10,192,691,782.03 in the previous year[2]. - The cash flow from operating activities increased by 86%, primarily due to higher electricity sales revenue and significant recovery of new energy subsidy payments[12]. - The net cash flow from financing activities was recorded, contrasting with a net cash inflow in the same period last year, mainly due to a cash payment of CNY 5.774 billion for equity acquisition[12]. - The ending balance of cash and cash equivalents was CNY 13,768,447,367.18, significantly higher than CNY 5,568,335,462.40 at the end of Q3 2021[31]. - The cash received from loans amounted to CNY 123,227,184,046.05, an increase from CNY 91,651,655,070.24 in Q3 2021[31]. Operational Metrics - The company's wind power generation for the first nine months of 2022 was 42,078,307 MWh, representing a year-on-year increase of 13.63% from 37,030,861 MWh in 2021[19]. - The total power generation for the company in Q3 2022 was 51,453,461 MWh, an increase of 11.84% compared to 46,008,125 MWh in Q3 2021[21]. - The company's total installed capacity for renewable energy reached 28,862.25 MW, a 15.95% increase from 24,891.79 MW year-on-year[18]. - As of September 30, 2022, the total installed capacity for wind power reached 25,711.44 MW, an increase of 14.71% compared to 22,413.99 MW in the same period of 2021[17]. Expenses and Impairments - Management expenses rose by 37% year-on-year, driven by increased business activities and higher costs for management personnel, audit consulting, and leasing[11]. - The company experienced a 2260% increase in asset impairment losses year-on-year, primarily due to impairment provisions for suspended construction projects[11]. - Research and development expenses for Q3 2022 amounted to CNY 55,858,807.02, slightly up from CNY 52,917,210.22 in Q3 2021, indicating a growth of about 5.8%[27]. - The company's financial expenses for Q3 2022 were CNY 2,873,065,693.36, a slight decrease from CNY 2,941,669,794.30 in Q3 2021, representing a reduction of about 2.3%[27].