协鑫能科(002015) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2022 was CNY 2,866,896,500, representing a year-on-year increase of 16.19% compared to CNY 2,467,389,500 in the same period last year[4]. - Net profit attributable to shareholders for Q3 2022 was CNY 272,285,090, a decrease of 11.14% from CNY 306,427,900 in the previous year[4]. - The basic earnings per share for Q3 2022 was CNY 0.1677, down 25.99% from CNY 0.2266 in the same period last year[4]. - Operating profit for Q3 2022 was CNY 817,712,532.82, down 35.1% from CNY 1,261,592,904.34 in the previous year[29]. - Net profit for the period was CNY 819,326,187.22, compared to CNY 1,254,961,154.67 in the same period last year, reflecting a decline of 34.6%[29]. - The net profit for Q3 2022 was CNY 677,779,263.50, a decrease of 35.4% compared to CNY 1,050,802,719.12 in Q3 2021[30]. - The net profit attributable to shareholders of the parent company was CNY 659,523,710.57, down from CNY 804,805,061.46, representing a decline of 18.0%[30]. - The total comprehensive income for Q3 2022 was CNY 665,808,533.41, compared to CNY 1,048,414,035.04 in the same period last year, reflecting a decrease of 36.5%[30]. Assets and Liabilities - The total assets at the end of Q3 2022 were CNY 30,033,167,138.55, an increase of 8.72% from CNY 27,501,657,817.95 at the end of the previous year[4]. - Current assets increased to CNY 9,494,504,444.68 as of September 30, 2022, from CNY 7,255,291,213.18 at the beginning of the year, representing a growth of 30.5%[26]. - Total liabilities decreased to CNY 17,704,796,876.22 from CNY 19,505,364,442.55, a reduction of 9.2%[27]. - Total equity increased to CNY 12,328,370,262.33 from CNY 8,119,785,203.47, marking a growth of 51.1%[27]. - Cash and cash equivalents rose to CNY 4,841,584,016.77 from CNY 3,045,815,308.48, an increase of 58.9%[26]. Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 921,408,210, a decrease of 37.48% compared to CNY 1,473,810,400 in the same period last year[4]. - Cash flow from operating activities decreased by 37.48% to ¥921,408,217.51, impacted by lower operational performance and rising fuel prices[10]. - The company reported cash inflows from financing activities of CNY 9,051,572,286.34, an increase of 46.5% compared to CNY 6,181,846,859.52 in the previous year[34]. - The net cash flow from financing activities was CNY 2,705,818,290.10, a significant improvement from a net outflow of CNY 1,531,337,521.58 in Q3 2021[34]. - The company’s total cash outflow from investing activities was CNY 2,557,196,233.52, compared to CNY 1,015,519,893.30 in Q3 2021, indicating increased investment activity[33]. Investments and Expenditures - The company reported a significant increase in long-term equity investments by 65.80%, reaching CNY 2,529,649,878.78 due to new investments in various projects[9]. - The company has increased its research and development expenditure for mobile energy business by 223.37%, amounting to CNY 50,052,503.04[9]. - Research and development expenses for Q3 2022 were CNY 12,362,075.75, up from CNY 2,843,243.44 in the previous year, indicating a substantial increase in R&D investment[29]. - Long-term investments increased significantly to CNY 2,529,649,878.78 from CNY 1,525,705,970.56, a growth of 65.7%[26]. Market and Operations - The company completed a total of 1,062.31 million tons of settled gas volume, a year-on-year decrease of 11.53%, and 7.419 billion kWh of settled electricity volume, a decrease of 25.60%[16]. - The total installed capacity of the company as of September 30, 2022, was 3,739.04 MW, including 2,437.14 MW from gas-fired cogeneration and 793.90 MW from wind power[16]. - The company has developed 32 charging and battery swap stations for passenger vehicles and 12 for commercial vehicles as part of its mobile energy business[19]. - The company’s market-based electricity trading service volume reached 14.8 billion kWh in the first nine months of 2022[21]. Corporate Governance and Strategic Moves - The company is in the process of issuing convertible bonds, with the application documents submitted to the China Securities Regulatory Commission[22]. - The company held its third extraordinary general meeting of shareholders on September 1, 2022, to discuss key decisions impacting future operations[25]. - The company announced a resolution to sell equity in a subsidiary on September 23, 2022, indicating a strategic move to optimize its asset portfolio[25]. - The company has experienced changes in its board and supervisory committee, with new appointments announced on September 1, 2022, to strengthen governance[25]. - The company is committed to transparency, as evidenced by its regular updates on regulatory compliance and corporate governance measures throughout the quarter[25].