粤水电(002060) - 2023 Q3 - 季度财报

Financial Performance - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 39.93% year-on-year, primarily driven by revenue growth[3] - The company's operating revenue for the current period reached ¥17,656,903,431.16, representing a 17.72% increase compared to the same period last year[45] - Net profit attributable to shareholders was ¥348,308,678.79, showing a 29.33% increase year-over-year[45] - The net profit excluding non-recurring gains and losses was ¥375,133,305.83, reflecting a 39.93% increase compared to the previous year[45] - Net profit for the current period was ¥981.77 million, slightly up from ¥978.98 million in the previous period, reflecting a growth of 0.2%[56] - The company’s total profit for the current period was ¥1.20 billion, an increase of 3.2% from ¥1.16 billion in the previous period[56] Assets and Liabilities - Total assets reached CNY 117,023,504,474.67 as of September 30, 2023, compared to CNY 107,824,462,730.18 at the beginning of the year, reflecting a growth of approximately 8.06%[9] - Current assets totaled CNY 83,849,385,835.00, up from CNY 79,110,108,024.72 at the beginning of the year, indicating an increase of about 8.67%[9] - Non-current assets amounted to CNY 33,174,118,639.67, compared to CNY 28,714,354,705.46 at the beginning of the year, representing a growth of approximately 15.99%[9] - The total current liabilities increased to CNY 81,717,677,854.51 from CNY 78,346,209,199.75, reflecting a rise in short-term borrowings and contract liabilities[34] - Long-term borrowings rose to CNY 20,376,129,893.33 from CNY 17,004,733,029.88, indicating increased leverage[34] - The total liabilities amounted to CNY 103,601,381,262.85, up from CNY 96,747,888,191.69, showing a growth in overall debt levels[34] - The total equity attributable to shareholders increased to CNY 12,322,851,950.58 from CNY 10,021,874,828.95, reflecting improved retained earnings[34] Cash Flow - The net cash flow from operating activities decreased by 157.05% year-on-year, primarily due to increased cash payments for materials and services[28] - The net cash flow from operating activities showed a significant decline of 157.05%, amounting to -¥952,987,719.93[45] - The net cash flow from financing activities was CNY 6,638,467,114.02, a significant increase from CNY 1,678,916,939.68 in the previous period[41] - Cash inflow from investment activities totaled ¥2.91 billion, down from ¥3.16 billion in the previous period[58] - Cash outflow for investment activities surged to ¥9.82 billion, compared to ¥2.05 billion in the previous period, indicating increased capital expenditures[58] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 94,914, with the largest shareholder holding 70.05% of the shares[4] - Shareholders' equity attributable to the parent company was ¥12,322,851,950.58, which is a 22.96% increase year-over-year[45] Government Subsidies and Expenses - The company reported a government subsidy of CNY 883,875.74 during the reporting period, with a cumulative amount of CNY 11,350,773.97 year-to-date[2] - The company reported a total non-operating loss of CNY 26,824,627.04 for the reporting period[2] - The company recorded a tax expense of ¥220.26 million, up from ¥185.62 million in the previous period, representing a 18.6% increase[56] - Research and development expenses were ¥1.26 billion, slightly up from ¥1.25 billion in the previous period, indicating continued investment in innovation[55] Projects and Investments - The company is involved in multiple ongoing projects, including the Guangdong Province Hanjiang High Dam PPP project with a total investment of CNY 195,600.00 million[16] - The company is currently preparing for the construction of the "Yili City Urban Rail Transit Supporting Infrastructure Construction Project" with an estimated investment of ¥72,591.17 million[50] - The company is also involved in the construction of the Guangzhou Metro Line 22, with a contract amount of ¥273,401.3718 million, which is currently under construction[50] - The company has terminated the special account for raised funds as the funds have been fully utilized according to regulations[49] Inventory and Compensation - The company’s inventory increased to CNY 1,116,261,564.02 from CNY 849,169,040.09, marking a rise of approximately 31.5%[9] - The company reported a decrease in employee compensation payable to CNY 69,694,697.10 from CNY 146,837,900.32, suggesting a reduction in payroll liabilities[34] Earnings Per Share - The basic earnings per share increased by 17.28% to ¥0.0930, while diluted earnings per share also rose by the same percentage[45] - Basic earnings per share decreased to ¥0.2699 from ¥0.2793 in the previous period, reflecting a decline of 4.5%[56]