Financial Performance - Operating revenue for the first nine months reached CNY 9,910,066,058.38, representing a year-on-year increase of 15.67%[6] - Net profit attributable to shareholders for the first nine months was CNY 528,099,985.72, a significant increase of 159.02% compared to the same period last year[6] - The company achieved a total profit of 1,078.41 million RMB, representing a year-on-year increase of 13.34%[16] - Net profit reached 824.60 million RMB, up 10.88% year-on-year, while net profit attributable to the parent company decreased by 3.43% to 537.88 million RMB[16] - The company reported a significant increase in other receivables, which rose to CNY 151,140,879.68 from CNY 196,212,853.66, a decrease of about 23.0%[22] - The company reported a total comprehensive income of CNY 348.82 million for Q3 2018, down from CNY 378.51 million in Q3 2017, a decrease of 7.5%[32] - The net loss for the first nine months of 2018 was CNY 515.62 million, compared to a profit of CNY 92.53 million in the same period last year, indicating a substantial decline in profitability[34] Cash Flow - The net cash flow from operating activities for the first nine months was CNY 2,424,670,417.63, up 30.90% year-on-year[6] - Cash flow from operating activities for the first nine months of 2018 was CNY -71,366,982.67, an improvement from CNY -151,129,200.10 in the same period last year[39] - Cash inflow from investment activities for the first nine months of 2018 was CNY 2,473,042,212.30, down from CNY 3,060,104,659.85 in the previous year[40] - The company reported a cash inflow of CNY 6,770,000,000.00 from financing activities in Q3 2018, compared to CNY 4,517,000,000.00 in Q3 2017, indicating a growth of approximately 49.93%[40] - Operating cash inflow for Q3 2018 was CNY 8,368,758,070.36, an increase from CNY 7,396,171,375.93 in Q3 2017, representing a growth of approximately 13.14%[36] Assets and Liabilities - Total assets at the end of the reporting period were CNY 43,018,437,855.52, a decrease of 0.18% compared to the end of the previous year[6] - The company's total liabilities decreased to CNY 28,404,239,593.68 from CNY 29,335,791,271.52, reflecting a reduction of approximately 3.2%[24] - The total equity of the company increased to CNY 14,614,198,261.84 from CNY 13,758,184,599.48, marking an increase of about 6.2%[24] - The company's current assets increased to CNY 4,025,414,805.36 from CNY 3,139,434,177.09, representing a growth of approximately 28.3%[22] - Accounts receivable increased by 45.36% compared to the beginning of the year due to increased electricity output and rising prices[18] Shareholder Information - The number of shareholders at the end of the reporting period was 224,153[12] - The largest shareholder, Northern United Power Group Co., Ltd., held 3,305,473,803 shares, accounting for 56.91% of the total shares[12] Operational Metrics - The company generated a total electricity output of 39.287 billion kWh, an increase of 4.31 billion kWh or 12.31% year-on-year[16] - The average selling price of electricity was 253.70 RMB per MWh, an increase of 10.60 RMB per MWh or 4.36% year-on-year[16] - The company completed the acquisition of 81.25% of Longyuan Wind Power Company through a public offering of convertible bonds[16] Expenses - The company reported a total operating cost of CNY 8,841,216,709.85 for the first nine months, compared to CNY 8,037,570,480.80 in the previous year, which is an increase of approximately 10%[29] - Research and development expenses for the first nine months were CNY 9,883,550.35, up from CNY 8,987,175.44, indicating a growth of about 9.9%[31] - The company's financial expenses for the first nine months of 2018 were CNY 362.72 million, up from CNY 256.93 million in the previous year, an increase of 41%[33] - The company experienced a significant increase in interest expenses, which rose to CNY 100.25 million in Q3 2018 from CNY 82.19 million in Q3 2017, an increase of 22%[33]
内蒙华电(600863) - 2018 Q3 - 季度财报