JSNE(603693)2024-10-29 08:26Financial Performance - The company's operating revenue for Q3 2024 reached ¥508,846,858.29, representing a year-on-year increase of 39.09%[2] - Net profit attributable to shareholders for Q3 2024 was ¥131,452,998.93, reflecting a significant increase of 215.88% compared to the same period last year[2] - The basic earnings per share for Q3 2024 was ¥0.15, which is a 200.00% increase year-on-year[2] - Total operating revenue for the first three quarters of 2024 reached CNY 1,557,789,507.87, an increase of 6.9% compared to CNY 1,457,287,441.58 in the same period of 2023[16] - Net profit for the first three quarters of 2024 was CNY 520,783,502.13, an increase of 17.6% from CNY 442,705,519.34 in the same period of 2023[17] - The net profit attributable to the parent company for Q3 2024 was CNY 423,889,735.95, an increase from CNY 380,102,281.72 in Q3 2023, representing a growth of approximately 11.5%[18] - The total comprehensive income for Q3 2024 reached CNY 520,695,613.70, compared to CNY 443,400,414.12 in Q3 2023, indicating an increase of about 17.4%[18] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥17,354,718,988.85, showing a growth of 5.54% from the end of the previous year[4] - The total assets as of the end of the reporting period were CNY 17,354,718,988.85, up from CNY 16,444,138,498.92 at the end of the previous year[16] - Total liabilities increased to CNY 9,380,261,930.22 from CNY 9,070,201,577.43 year-on-year[16] - Non-current liabilities totaled CNY 7,552,846,834.04, compared to CNY 7,087,960,140.06 in the previous year[16] - The company's total current assets decreased to CNY 1,138,444,622.14 as of September 30, 2024, from CNY 1,968,465,540.45 at the end of 2023, reflecting a decline of approximately 42.2%[21] - The company’s total liabilities rose to CNY 580,395,911.32 from CNY 347,885,566.77, an increase of approximately 67.0%[23] Cash Flow - The cash flow from operating activities for the year-to-date was ¥800,280,958.49, marking a 7.94% increase compared to the previous year[2] - Cash flow from operating activities for the first nine months of 2024 was CNY 800,280,958.49, compared to CNY 741,430,507.27 in the same period of 2023, showing an increase of about 7.2%[19] - Cash flow from investing activities for the first nine months of 2024 was negative CNY 710,501,941.65, worsening from negative CNY 382,206,099.04 in the same period of 2023[20] - Cash flow from financing activities for the first nine months of 2024 was positive CNY 325,411,700.13, a significant improvement from negative CNY 766,008,417.44 in the same period of 2023[20] - The ending balance of cash and cash equivalents was 307,187,436.33, compared to 119,120,955.61 in the previous year[27] Operational Highlights - The company reported a significant increase in electricity sales volume due to favorable wind conditions in Jiangsu province, contributing to revenue growth[6] - The total power generation for the first three quarters of 2024 reached 2.659 billion kWh, representing a year-on-year increase of 15.76%[13] - Wind power generation amounted to 2.430 billion kWh, with a year-on-year growth of 11.26%, including onshore wind at 1.680 billion kWh (up 6.13%) and offshore wind at 0.750 billion kWh (up 24.79%)[12] - Solar power generation surged to 0.228 billion kWh, marking a significant year-on-year increase of 109.17%[12] - The company’s heat supply volume for the first three quarters was 348,000 tons, down 18.44% year-on-year[13] Research and Development - Research and development expenses rose to CNY 399,378.09 from CNY 188,207.54, highlighting a focus on innovation[17] - Research and development expenses decreased to CNY 83,018.87 from CNY 188,207.54, a reduction of approximately 56.0%[24] Shareholder Information - The total number of common shareholders at the end of the reporting period was 32,236, indicating a stable shareholder base[8] Miscellaneous - Non-recurring gains for the current period totaled ¥29,417,718.18, with notable contributions from asset disposals and government subsidies[5] - The company plans to continue expanding its market presence and investing in new technologies to enhance operational efficiency[2] - The company did not apply new accounting standards for the current year[28]