2023-10-26 16:00Financial Performance - The company's revenue for Q3 2023 was ¥10,318,397,218.05, representing an increase of 8.61% compared to ¥9,500,053,302.10 in the same period last year[4] - Net profit attributable to shareholders for Q3 2023 was ¥9,435,272.05, a significant decrease of 97.88% from ¥444,919,365.94 in the previous year[4] - The net profit excluding non-recurring gains and losses for Q3 2023 was -¥6,320,724.96, down 101.77% from ¥356,997,490.00 in the same period last year[4] - Basic earnings per share for Q3 2023 was -¥0.0050, a decline of 105.76% from ¥0.0868 in the same period last year[4] - Total operating revenue for the nine months ended September 30, 2023, was CNY 29.32 billion, an increase of 12.3% compared to CNY 26.16 billion for the same period in 2022[20] - Net profit for the nine months ended September 30, 2023, was CNY 1.37 billion, a decrease of 43% from CNY 2.40 billion in the prior year[21] - The company reported a basic earnings per share of CNY 0.2786 for the nine months ended September 30, 2023, down from CNY 0.5222 in the same period last year[22] - The total comprehensive income for the nine months was CNY 1.12 billion, significantly lower than CNY 2.42 billion in the previous year[22] Cash Flow - The net cash flow from operating activities for the year-to-date period was -¥4,722,176,968.13, an improvement of 5.93% compared to -¥5,019,619,769.75 in the previous year[4] - The cash inflow from operating activities for the nine months ended September 30, 2023, was approximately ¥39.92 billion, an increase of 29.3% compared to ¥30.89 billion for the same period in 2022[23] - The net cash outflow from operating activities was approximately -¥4.72 billion for the nine months ended September 30, 2023, compared to -¥5.02 billion for the same period in 2022, showing an improvement[24] - The cash inflow from investment activities increased significantly to approximately ¥6.89 billion in 2023, compared to ¥2.32 billion in 2022, marking a growth of 196.5%[24] - The net cash flow from financing activities decreased to approximately ¥1.70 billion in 2023 from ¥6.55 billion in 2022, reflecting a decline of 74.0%[24] - The total cash and cash equivalents at the end of the period were approximately ¥12.77 billion, up from ¥4.53 billion at the end of the same period in 2022[24] - The company reported a total cash outflow from operating activities of approximately ¥44.65 billion for the nine months ended September 30, 2023, compared to ¥35.91 billion in 2022, indicating a rise of 24.5%[24] - The cash inflow from the disposal of subsidiaries and other business units was approximately ¥1.61 billion in 2023, compared to ¥1.06 billion in 2022, representing a growth of 51.2%[24] - The company’s cash outflow for purchasing goods and services was approximately ¥35.28 billion for the nine months ended September 30, 2023, compared to ¥27.48 billion in 2022, an increase of 28.3%[23] - The cash inflow from investment income received was approximately ¥522.20 million in 2023, compared to ¥58.06 million in 2022, showing a significant increase[24] - The company’s cash flow from financing activities included approximately ¥9.80 billion in borrowings received in 2023, down from ¥13.98 billion in 2022, a decrease of 29.0%[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥145,584,107,228.56, reflecting a 6.40% increase from ¥136,822,377,978.20 at the end of the previous year[4] - The total liabilities as of September 30, 2023, amounted to CNY 105.19 billion, compared to CNY 96.48 billion at the end of the previous year, representing an increase of 9.5%[21] - The equity attributable to shareholders at the end of the reporting period was ¥37,833,677,427.63, a slight decrease of 0.69% from ¥38,095,078,161.56 at the end of the previous year[4] - The balance of other current liabilities increased by 2,842.52% to RMB 758,125,674.39 as of September 30, 2023, primarily due to the issuance of the first phase of green ultra-short-term financing bonds for 2023[10] - The balance of deferred income tax liabilities increased by 53.23% to RMB 1,519,607,615.03 as of September 30, 2023, due to an increase in taxable temporary differences[11] Inventory and Contract Liabilities - The balance of inventory increased by 77.84% to RMB 17,513,117,368.74 as of September 30, 2023, due to increased inventory purchases to meet order delivery requirements[8] - The balance of contract liabilities increased by 77.13% to RMB 11,114,657,505.64 as of September 30, 2023, due to an increase in advance payments for goods sold[10] Research and Development - Research and development expenses for the period were RMB 1,037,103,191.13, an increase of 46.70% compared to the same period last year, indicating increased investment in R&D[11] - Research and development expenses increased to CNY 1.04 billion, up 46.8% from CNY 706.94 million in the previous year[21] External Orders and Sales Capacity - The company achieved external sales capacity of 8,903.66 MW from January to September 2023, with 62.74% from 4MW(含）-6MW units[15] - As of September 30, 2023, the total external orders awaiting execution amounted to 22,038.37 MW, including 12,437.42 MW from 4MW(含）-6MW units[16] - The total external orders on hand reached 29,940.36 MW, with overseas orders accounting for 3,805.27 MW[16]