SEP(600021)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was approximately ¥11.20 billion, a decrease of 4.28% compared to the same period last year[3]. - Net profit attributable to shareholders for Q3 2023 was approximately ¥681.49 million, an increase of 146.23% year-over-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was approximately ¥701.89 million, reflecting a year-over-year increase of 176.01%[3]. - Basic earnings per share for Q3 2023 was ¥0.2262, an increase of 152.46% year-over-year[4]. - The net profit attributable to shareholders for the year-to-date period was approximately ¥1.47 billion, a significant increase of 524.49% compared to the same period last year[3]. - Total operating revenue for the first three quarters of 2023 reached ¥31,447,047,022.60, an increase from ¥27,851,231,727.99 in the same period of 2022, representing a growth of approximately 9.3%[19]. - Net profit for the third quarter of 2023 was ¥3,148,224,560.53, significantly higher than ¥1,272,187,442.33 in the same quarter of 2022, reflecting a growth of approximately 147.5%[20]. - The total equity attributable to shareholders of the parent company increased to ¥24,300,146,359.69 from ¥21,374,951,575.66, marking a growth of about 14.2%[18]. - The total comprehensive income for the third quarter of 2023 was approximately CNY 3.13 billion, compared to CNY 1.32 billion in the same period of 2022, representing a significant increase[21]. Cash Flow and Liquidity - The cash flow from operating activities for the year-to-date period was approximately ¥4.11 billion, a decrease of 50.47% compared to the previous year[4]. - The net cash flow from operating activities for the first three quarters of 2023 was CNY 4.11 billion, down from CNY 8.30 billion in the same period of 2022, indicating a decrease of approximately 50.5%[22]. - The net cash flow from financing activities was CNY 4.68 billion in the third quarter of 2023, a turnaround from a negative cash flow of CNY 428.66 million in the same period of 2022[23]. - The company's cash and cash equivalents increased, contributing to improved liquidity and financial stability[19]. - The total cash and cash equivalents at the end of the third quarter of 2023 amounted to CNY 9.24 billion, up from CNY 8.70 billion at the end of the third quarter of 2022[23]. - The company's cash flow from operating activities improved, with a notable increase in investment income to CNY 1.69 billion, compared to CNY 1.41 billion in the previous year, representing a growth of approximately 19.7%[28]. Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥168.99 billion, an increase of 4.68% from the end of the previous year[4]. - The company's total liabilities amounted to ¥117,734,774,980.19, slightly up from ¥117,253,145,417.07 in the previous year[18]. - The total liabilities have also increased, with short-term borrowings reaching 17,624,389,465.01 RMB, compared to 15,570,743,635.69 RMB previously[16]. - The company's total assets as of September 30, 2023, were CNY 155.30 billion, compared to CNY 130.52 billion as of September 30, 2022, reflecting an increase in asset base[24]. - Total liabilities amounted to CNY 35.03 billion, an increase from CNY 33.28 billion, which is a rise of approximately 5.3%[26]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 172,771, with the largest shareholder, State Power Investment Corporation, holding 1,251,588,074 shares, representing 44.43% of the total[10]. - The second largest shareholder, China Power International Development, holds 363,292,165 shares, accounting for 12.90%[11]. Investment and Growth Plans - The company plans to continue expanding its renewable energy projects, which have shown significant growth in output compared to the previous year[9]. - The company is focused on expanding its market presence and enhancing its product offerings, although specific new products or technologies were not detailed in the provided content[14]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[20]. - The company reported investment income of ¥726,763,822.66 for the third quarter of 2023, up from ¥700,786,838.88 in the same quarter of 2022[20]. Research and Development - Research and development expenses for the first three quarters of 2023 were ¥108,971,552.19, compared to ¥88,435,475.23 in 2022, showing an increase of approximately 23.3%[19].