豫能控股(001896) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was ¥216,628,163.65, representing a 24.94% increase year-on-year[9]. - Operating revenue for the period was ¥2,271,094,949.01, a decrease of 15.90% compared to the same period last year[9]. - Basic earnings per share increased to ¥0.1883, up 24.95% year-on-year[9]. - The company reported a net profit of ¥29,670,561.50 from non-recurring items during the reporting period[12]. - The company reported a net loss of ¥130,110,363.56, an improvement from a loss of ¥543,186,206.42 in the previous year[61]. - The net profit for the current period is CNY 251,161,676.65, an increase from CNY 195,546,555.99 in the previous period, reflecting a growth of approximately 28.5%[76]. - The total comprehensive income for the current period is ¥473,975,202.51, compared to ¥193,607,706.50 in the previous period[94]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥20,896,908,517.64, an increase of 4.47% compared to the previous year[9]. - The total liabilities amounted to ¥13,922,331,891.80, slightly up from ¥13,502,768,214.92, showing an increase of approximately 3.1%[58]. - Current liabilities decreased to ¥5,298,937,648.31 from ¥7,300,889,123.97, a reduction of approximately 27.4%[58]. - Long-term borrowings rose to ¥6,661,262,646.07, compared to ¥5,937,400,780.67, indicating an increase of about 12.3%[58]. - The total current assets decreased to ¥2,150,142,092.09 from ¥3,024,524,950.44, a decline of approximately 29%[62]. - Total liabilities amount to CNY 2,518,210,050.33, slightly down from CNY 2,611,510,969.00 in the previous period, a decrease of approximately 3.6%[68]. Cash Flow - The net cash flow from operating activities was ¥747,028,646.92, down 3.63% from the previous year[9]. - Cash flow from investment activities showed a net outflow of CNY 1,123,778,468.56, a 117.16% increase in outflow compared to the previous period, mainly due to increased capital expenditures on fixed assets[29]. - The net cash flow from financing activities increased by 173.38% to CNY 321,818,719.35, primarily due to the net increase in interest-bearing liabilities during the reporting period[32]. - The net cash flow from financing activities was -¥144,051,588.55, down from a positive net flow of ¥209,586,565.42 in the previous period, indicating increased debt repayment[111]. - The cash inflow from financing activities is CNY 6,112,454,676.15, an increase from CNY 4,174,669,069.40 in the previous period[105]. Investments and Expenditures - The company plans to provide a guarantee of up to CNY 214.18 million for its wholly-owned subsidiary's bank loan to support the construction of the biomass power project[33]. - The company intends to invest CNY 25.8333 million in the construction of a smart power plant project, which will be developed by a related party[34]. - The company reported a significant increase in prepaid expenses, rising by 178.79% from CNY 87,783,016.52 to CNY 244,726,080.15, primarily due to increased prepaid railway freight by subsidiaries[25]. - The company received cash from borrowings amounting to ¥1,610,000,000.00, an increase from ¥1,239,000,000.00 in the previous period, suggesting a strategy to enhance liquidity through debt[111]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 33,864[12]. - The equity attributable to shareholders increased to ¥6,210,446,802.92 from ¥5,797,370,960.06, marking a growth of around 7.1%[61]. - The company announced plans to issue shares and pay cash to acquire 100% equity of a subsidiary from its controlling shareholder, along with raising matching funds from specific investors[36]. Government Support - Government subsidies recognized during the period amounted to ¥25,820,397.74, primarily from various local government support programs[12]. - The company reported a 566.32% increase in non-operating income, rising from CNY 2,836,734.03 to CNY 18,901,613.05, primarily due to government subsidies received by subsidiaries[29]. Operational Efficiency - The company experienced a 47.75% reduction in short-term borrowings, decreasing from CNY 3,299,710,154.67 to CNY 1,724,169,049.79, as part of a financing structure adjustment[25]. - The company has implemented new revenue and leasing standards starting from January 1, 2020[131].