| Stockcode: 000037, 200037 | StockAbbreviations:ShennandianA,ShennandianB | Announcement No.: 2023-043 |
Shenzhen Nanshan Power Co., Ltd.
2023 Third Quarter Report
The Company and all members of the Board of Directors guarantee that the Quarterly Report containsno misrepresentations, misleading statements or material omissionsImportant notes:
1. The Board of Directors, the Board of Supervisors, all directors, supervisors and senior officers of theCompany guarantee that the Quarterly Report contains no misrepresentations, misleading statementsor material omissions, and take all responsibilities, individual and/or joint, for the reality, accuracy andcompletion of the whole contents.
2. The legal representative, the chief finance officer and the chief accountant declared that theyguaranteed the authenticity, accuracy and completeness of the financial information in the quarterlyreport.
3. Whether the Q3 report has been audited
? Yes ? No
I. Main financial data
(I) Main accounting data and financial indexesWhether it has retroactive adjustment or re-statement on previous accounting data or not?Yes ?No
| Current period | Increase/decrease in the reporting period compared with the same period last year | From the beginning of the year to the end of the reporting period | Increase/decrease from the beginning of the year to the end of the reporting period compared with the same period last year |
Operating income(yuan)
| Operating income (yuan) | 182,838,205.80 | -38.40% | 454,106,390.85 | -13.68% |
Net profit attributableto the shareholders ofthe listedcompany (yuan)
| Net profit attributable to the shareholders of the listed company (yuan) | 8,482,149.79 | 117.50% | -28,758,589.77 | 79.83% |
Net profit attributableto the shareholders ofthe listedcompany afterdeducting non-recurring profit andloss (yuan)
| Net profit attributable to the shareholders of the listed company after deducting non-recurring profit and loss (yuan) | 2,109,131.54 | 103.21% | -52,768,199.09 | 72.69% |
Net cash flows fromoperating activities(yuan)
| Net cash flows from operating activities (yuan) | — | — | -119,379,688.05 | -154.52% |
Basic earnings pershare (yuan/share)
| Basic earnings per share (yuan/share) | 0.0141 | 117.54% | -0.0477 | 79.83% |
Diluted earnings pershare (yuan/share)
| Diluted earnings per share (yuan/share) | 0.0141 | 117.54% | -0.0477 | 79.83% |
Weighted averageROE
| Weighted average ROE | 0.60% | An increase of 3.84 percentage points | -2.00% | An increase of 7.23 percentage points |
| End of the reporting period | End of previous year | Increase/decrease at the end of this reporting period compared with the end of last year |
Total assets (yuan)
| Total assets (yuan) | 1,974,359,583.85 | 2,606,216,345.99 | -24.24% |
Owner's equityattributable to theshareholders of thelisted company (yuan)
| Owner's equity attributable to the shareholders of the listed company (yuan) | 1,426,871,612.95 | 1,455,129,894.84 | -1.94% |
(II) Non-recurring profit and loss items and amounts?Applicable □ Not applicable
Unit: Yuan
| Item | Amount in the current reporting period | Amount from the beginning of the year to the end of the reporting period | Notes |
Gains/losses from thedisposal of non-currentasset (including thewrite-off that accrued forimpairment of assets)
| Gains/losses from the disposal of non-current asset (including the write-off that accrued for impairment of assets) | -1,428.41 | 104,593.20 |
Governmental subsidycalculated into currentgains and losses (whileclosely related with thenormal business of theCompany, thegovernment subsidy thataccord with theprovision of nationalpolicies and arecontinuously enjoyed inline with a certainstandard quota orquantity are excluded)
| Governmental subsidy calculated into current gains and losses (while closely related with the normal business of the Company, the government subsidy that accord with the provision of national policies and are continuously enjoyed in line with a certain standard quota or quantity are excluded) | 5,517,460.89 | 9,582,732.15 | Mainly due to government subsidies related to income and apportionment of government subsidies related to assets |
Gains/losses of fairvalue changes arisingfrom holding of thetrading financial asset,trading financial liabilityand investment earningsobtained from disposingthe trading financialasset, trading financialliability, and financialassets available forsale, except for theeffective hedgingbusiness related tonormal operation of theCompany
| Gains/losses of fair value changes arising from holding of the trading financial asset, trading financial liability and investment earnings obtained from disposing the trading financial asset, trading financial liability, and financial assets available for sale, except for the effective hedging business related to normal operation of the Company | 634,294.54 | 9,976,802.45 | Mainly due to investment income obtained from trading financial assets |
Other non-operatingincome and expensesother than thosementioned above
| Other non-operating income and expenses other than those mentioned above | 235,283.04 | 5,229,161.50 | Mainly due to power outage compensation |
Less: Effect of minorityinterests (after tax)
| Less: Effect of minority interests (after tax) | 12,591.81 | 883,679.98 |
Total
| Total | 6,373,018.25 | 24,009,609.32 | -- |
Specific circumstances of other profit or loss items that meet the definition of non-recurring profit orloss:
? Applicable ?Not applicableThere are no other gains/losses items that meet the definition of non-recurring gains/losses in theCompany.Explain the items defined as recurring profit (gain)/loss according to the lists of extraordinary profit
(gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering TheirSecurities to the Public --- Extraordinary Profit/loss? Applicable ?Not applicableThere are no items defined as recurring profit (gain)/loss according to the lists of extraordinary profit(gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering TheirSecurities to the Public --- Extraordinary Profit/loss.(III) Situation and reasons for changes in key accounting data and financial indexes?Applicable ? Not applicable
| Items of the balance sheet | September 30, 2023 | January 1, 2023 | Percentage of change | Changes |
Cash and cashequivalents
| Cash and cash equivalents | 283,935,426.94 | 675,496,266.40 | -57.97% | Mainly due to the increase in debt repayment and purchase of negotiable certificates of deposit |
Financial assetsheld for trading
| Financial assets held for trading | 100,000,000.00 | 440,013,571.10 | -77.27% | Mainly due to the redemption of existing financial products upon maturity |
Advances tosuppliers
| Advances to suppliers | 30,206,523.48 | 45,448,287.86 | -33.54% | Mainly due to the decrease in prepaid natural gas payments |
Other currentassets
| Other current assets | 298,718,693.86 | 188,248,840.44 | 58.68% | Mainly due to the increase in purchase of negotiable certificates of deposit |
Construction inprogress
| Construction in progress | 6,927,455.04 | 4,861,062.16 | 42.51% | Mainly due to increased investment in information construction projects and smart photovoltaic projects |
Right-of-useassets
| Right-of-use assets | 3,627,114.29 | 7,707,617.90 | -52.94% | Mainly due to the depreciation of right-of-use assets over their useful lives |
Long-termdeferredexpenses
| Long-term deferred expenses | 846,130.84 | 1,219,129.18 | -30.60% | Mainly due to amortization of the long-term deferred expenses according to the use period |
Other non-current assets
| Other non-current assets | 1,574,174.31 | 5,371,398.18 | -70.69% | Mainly due to the recovery of retention deposits receivable for engineering projects |
Short-termborrowings
| Short-term borrowings | 312,042,732.52 | 879,957,857.44 | -64.54% | Mainly due to optimization of the financing structure and reduction of the scale of short-term borrowings |
Notes payable
| Notes payable | 37,374,309.54 | 137,298,902.17 | -72.78% | Mainly due to the maturity of notes payable and the reduction of debt |
Accountspayable
| Accounts payable | 9,567,795.60 | 5,227,836.22 | 83.02% | Mainly due to the increase in natural gas payments payable |
Taxes payable
| Taxes payable | 10,750,845.42 | 5,107,666.73 | 110.48% | Mainly due to the increase in value-added tax payable |
Long-termborrowings
| Long-term borrowings | 104,756,562.43 | 28,019,758.68 | 273.87% | Mainly due to optimization of the financing structure and increase in long-term borrowing scale |
Lease liabilities
| Lease liabilities | 0.00 | 2,262,160.03 | -100.00% | Mainly due to non-current liabilities that have been reported due within one year under the current lease |
contract
| Item of the income statement | From January to September 2023 | From January to September 2022 | YoY change | Changes |
Operatingincome
| Operating income | 454,106,390.85 | 526,047,208.84 | -13.68% | Mainly due to the dynamic adjustment of existing inventory and decrease of power generation based on the node electricity price, with the goal of maximizing the comprehensive income of power business |
Operating costs
| Operating costs | 443,453,657.23 | 630,962,703.50 | -29.72% | Mainly due to the decrease in natural gas consumption caused by the reduction in power generation and the reduction of the fuel procurement cost as a result of strengthened matching management of gas and electricity and expanded fuel procurement channels. |
G&A expenses
| G&A expenses | 54,940,136.38 | 62,895,143.67 | -12.65% | Mainly due to the loss reduction and consolidated expense control of the company |
Financialexpenses
| Financial expenses | 4,398,778.19 | 24,034,299.50 | -81.70% | Mainly due to optimization of the financing structure, compression of the financing scale, and reduction of the financial expenses |
Other income
| Other income | 9,582,732.15 | 7,158,020.64 | 33.87% | Mainly due to the increase in government subsidies related to income received in the current period |
Investmentincome
| Investment income | 21,844,319.50 | 50,062,793.74 | -56.37% | Mainly due to the decrease in the investment scale of trading financial assets |
| Statement of cash flows items | From January to September 2023 | From January to September 2022 | YoY change | Changes |
Net cash flowsfrom operatingactivities
| Net cash flows from operating activities | -119,379,688.05 | 218,956,576.20 | -154.52% | Mainly due to the receipt of value-added tax refund (nil in this year) in the same period last year |
Net cash flowsfrom investingactivities
| Net cash flows from investing activities | 246,981,722.03 | -316,382,476.95 | 178.06% | Mainly due to the increase in cash inflows from investing activities in wealth management products recovered in the current period, and the decrease in investment in wealth management products paid during the same period |
Net cash flowsfrom financing
| Net cash flows from financing | -504,756,492.07 | 112,444,619.76 | -548.89% | Mainly due to optimization of financing structure and reduction of |
| activities | financing scale |
Net increase incash and cashequivalents
| Net increase in cash and cash equivalents | -377,016,355.14 | 15,657,331.44 | -2507.92% | Mainly due to optimization of the financing structure, compression of financing scale and the significant YoY decrease in net cash flows from financing activities. |
II. Shareholder information(I) Table of the total number of ordinary shares stockholders and the number of preferred sharesstockholders with restored voting rights, as well as the shareholding status of the top tenstockholders
Unit: shares
| Total number of ordinary shares shareholders at the end of the reporting period | 55,028 | Total number of preferred shareholders whose voting rights were restored as at the end of the reporting period (if any) | 0 |
Shareholding by the top 10 shareholders
Shareholding by the top 10 shareholdersName of shareholders
| Name of shareholders | Nature of shareholders | Shareholding ratio | Number of shares held | Number of shares held with restrictive conditions for sales | Pledge, marking or freezing | |
| Status of shares | Quantity | |||||
HONG KONG NAMHOI(INTERNATIONAL)LTD.
| HONG KONG NAM HOI (INTERNATIONAL) LTD. | Overseas legal person | 15.28% | 92,123,248 |
Shenzhen GuangjuIndustrial Co., Ltd.
| Shenzhen Guangju Industrial Co., Ltd. | State-owned legal person | 12.22% | 73,666,824 |
Shenzhen EnergyGroup Co., Ltd.
| Shenzhen Energy Group Co., Ltd. | State-owned legal person | 10.80% | 65,106,130 |
BOCI SECURITIESLIMITED
| BOCI SECURITIES LIMITED | Overseas legal person | 2.02% | 12,187,448 |
Zeng Ying
| Zeng Ying | Domestic natural persons | 1.19% | 7,159,600 |
China MerchantsSecurities (HK) Co.,Ltd.
| China Merchants Securities (HK) Co., Ltd. | Overseas legal person | 0.88% | 5,315,354 |
Meiyi Investment RealEstate Co., Ltd.
| Meiyi Investment Real Estate Co., Ltd. | Domestic non-state-owned legal person | 0.87% | 5,223,200 |
HaitongInternationalSecurities CompanyLimited-Account Client
| Haitong International Securities Company Limited-Account Client | Overseas legal person | 0.65% | 3,908,357 |
Huang Yilong
| Huang Yilong | Domestic natural persons | 0.64% | 3,866,500 |
LISHERYNZHANMING
| LISHERYNZHANMING | Domestic natural persons | 0.56% | 3,387,970 |
Shareholdings of the top 10 shareholders without sales restrictionName of shareholders
| Name of shareholders | Number of shares held without restrictive conditions for sales | Types and numbers | |
| Type of shares | Quantity | ||
HONG KONG NAM HOI(INTERNATIONAL) LTD.
| HONG KONG NAM HOI (INTERNATIONAL) LTD. | 92,123,248 | Foreign shares listed domestically | 92,123,248 |
Shenzhen Guangju Industrial Co., Ltd.
| Shenzhen Guangju Industrial Co., Ltd. | 73,666,824 | RMB ordinary shares | 73,666,824 |
Shenzhen Energy Group Co., Ltd.
| Shenzhen Energy Group Co., Ltd. | 65,106,130 | RMB ordinary shares | 65,106,130 |
BOCI SECURITIES LIMITED
| BOCI SECURITIES LIMITED | 12,187,448 | Foreign shares listed domestically | 12,187,448 |
Zeng Ying
| Zeng Ying | 7,159,600 | Foreign shares listed domestically | 7,159,600 |
China Merchants Securities (HK) Co., Ltd.
| China Merchants Securities (HK) Co., Ltd. | 5,315,354 | Foreign shares listed domestically | 5,315,354 |
Meiyi Investment Real Estate Co., Ltd.
| Meiyi Investment Real Estate Co., Ltd. | 5,223,200 | RMB ordinary shares | 5,223,200 |
HaitongInternationalSecurities Company Limited-AccountClient
| Haitong International Securities Company Limited-Account Client | 3,908,357 | Foreign shares listed domestically | 3,908,357 |
Huang Yilong
| Huang Yilong | 3,866,500 | RMB ordinary shares | 3,866,500 |
LISHERYNZHANMING
| LISHERYNZHANMING | 3,387,970 | Foreign shares listed domestically | 3,387,970 |
Explanation of the association of theabove shareholders or concerted actions
| Explanation of the association of the above shareholders or concerted actions | 1. Shenzhen Energy Group Co., Ltd. holds 100% equity interest in HONG KONG NAM HOI (INTERNATIONAL) LTD. 2. The company does not know whether the above-mentioned other public shareholders have any association or are persons acting in concert. |
Notes on the participation of the top 10shareholders in margin trading (if any)
| Notes on the participation of the top 10 shareholders in margin trading (if any) | N/A |
(II) Total preferred shareholders of the Company and shareholding statement of the top 10preferred shareholders
□ Applicable ?Not applicable
III. Other important matters? Applicable ?Not applicable
IV. Quarterly financial statements(I) Financial statements
1. Consolidated balance sheet
Prepared by: Shenzhen Nanshan Power Co., Ltd.
Unit: Yuan
| Item | September 30, 2023 | January 1, 2023 |
Current assets:
| Current assets: |
Cash and cash equivalents
| Cash and cash equivalents | 283,935,426.94 | 675,496,266.40 |
Deposit reservation for balance
| Deposit reservation for balance |
Lending funds
| Lending funds |
Financial assets held for trading
| Financial assets held for trading | 100,000,000.00 | 440,013,571.10 |
Derivative financial assets
| Derivative financial assets |
Notes receivable
| Notes receivable |
Accounts receivable
| Accounts receivable | 158,861,523.91 | 135,833,492.64 |
Receivables financing
| Receivables financing |
Advances to suppliers
| Advances to suppliers | 30,206,523.48 | 45,448,287.86 |
Premiums receivable
| Premiums receivable |
Reinsurance accounts receivable
| Reinsurance accounts receivable |
Reinsurance contract reservesreceivable
| Reinsurance contract reserves receivable |
Other receivables
| Other receivables | 22,714,261.08 | 18,314,003.84 |
Including: interest receivable
| Including: interest receivable |
Dividends receivable
| Dividends receivable |
Financial assets purchasedunder resale agreements
| Financial assets purchased under resale agreements |
Inventories
| Inventories | 86,337,214.75 | 85,279,298.35 |
Contract assets
| Contract assets | 277,656.29 | 217,009.58 |
Assets held for sale
| Assets held for sale |
Non-current assets due withinone year
| Non-current assets due within one year |
Other current assets
| Other current assets | 298,718,693.86 | 188,248,840.44 |
Total current assets
| Total current assets | 981,051,300.31 | 1,588,850,770.21 |
Non-current assets:
| Non-current assets: |
Loans and advances tocustomers
| Loans and advances to customers |
Creditors' investments
| Creditors' investments |
Other creditors' investments
| Other creditors' investments |
Long-term receivables
| Long-term receivables |
Long-term equity investments
| Long-term equity investments | 85,408,859.16 | 83,496,098.24 |
| Other investments in equity instruments | 300,615,000.00 | 300,615,000.00 |
Other non-current financialassets
| Other non-current financial assets |
Investment properties
| Investment properties | 1,706,761.00 | 1,833,344.20 |
Fixed assets
| Fixed assets | 572,131,487.29 | 591,290,204.31 |
Construction in progress
| Construction in progress | 6,927,455.04 | 4,861,062.16 |
Productive biological assets
| Productive biological assets |
Oil and gas assets
| Oil and gas assets |
Right-of-use assets
| Right-of-use assets | 3,627,114.29 | 7,707,617.90 |
Intangible assets
| Intangible assets | 19,298,935.12 | 19,799,355.12 |
Development expenses
| Development expenses |
Goodwill
| Goodwill |
Long-term deferred expenses
| Long-term deferred expenses | 846,130.84 | 1,219,129.18 |
Deferred income tax assets
| Deferred income tax assets | 1,172,366.49 | 1,172,366.49 |
Other non-current assets
| Other non-current assets | 1,574,174.31 | 5,371,398.18 |
Total non-current assets
| Total non-current assets | 993,308,283.54 | 1,017,365,575.78 |
Total assets
| Total assets | 1,974,359,583.85 | 2,606,216,345.99 |
Current liabilities:
| Current liabilities: |
Short-term borrowings
| Short-term borrowings | 312,042,732.52 | 879,957,857.44 |
Borrowings from central bank
| Borrowings from central bank |
Borrowing funds
| Borrowing funds |
Transactional financial liabilities
| Transactional financial liabilities |
Derivative financial liabilities
| Derivative financial liabilities |
Notes payable
| Notes payable | 37,374,309.54 | 137,298,902.17 |
Accounts payable
| Accounts payable | 9,567,795.60 | 5,227,836.22 |
Advances from customers
| Advances from customers |
Contract liabilities
| Contract liabilities |
Financial assets sold underrepurchase agreements
| Financial assets sold under repurchase agreements |
Deposits from customers andinterbank
| Deposits from customers and interbank |
Receivings from vicariouslytraded securities
| Receivings from vicariously traded securities |
Receivings from vicariously soldsecurities
| Receivings from vicariously sold securities |
Employee compensation payable
| Employee compensation payable | 30,029,699.52 | 29,296,815.07 |
Taxes payable
| Taxes payable | 10,750,845.42 | 5,107,666.73 |
Other payables
| Other payables | 16,985,607.27 | 22,997,466.80 |
Including: interests payable
| Including: interests payable |
Dividends payable
| Dividends payable |
Handling charges and
| Handling charges and |
commissions payableReinsurance accounts payable
| Reinsurance accounts payable |
Liabilities held for sale
| Liabilities held for sale |
Non-current liabilities due withinone year
| Non-current liabilities due within one year | 4,020,157.36 | 6,014,119.95 |
Other current liabilities
| Other current liabilities | 21,600.00 |
Total current liabilities
| Total current liabilities | 420,771,147.23 | 1,085,922,264.38 |
Non-current liabilities:
| Non-current liabilities: |
Reserves for insurance contracts
| Reserves for insurance contracts |
Long-term borrowings
| Long-term borrowings | 104,756,562.43 | 28,019,758.68 |
Bonds payable
| Bonds payable |
Including: preferred shares
| Including: preferred shares |
Perpetual bond
| Perpetual bond |
Lease liabilities
| Lease liabilities | 2,262,160.03 |
Long-term payables
| Long-term payables |
Long-term employeecompensation payable
| Long-term employee compensation payable |
Estimated liabilities
| Estimated liabilities | 15,000,000.00 | 15,000,000.00 |
Deferred income
| Deferred income | 77,385,155.28 | 82,145,596.60 |
Deferred income tax liabilities
| Deferred income tax liabilities |
Other non-current liabilities
| Other non-current liabilities | 45,112.54 | 47,511.72 |
Total non-current liabilities
| Total non-current liabilities | 197,186,830.25 | 127,475,027.03 |
Total liabilities
| Total liabilities | 617,957,977.48 | 1,213,397,291.41 |
Owner's equity:
| Owner's equity: |
Share capital
| Share capital | 602,762,596.00 | 602,762,596.00 |
Other equity instruments
| Other equity instruments |
Including: preferred shares
| Including: preferred shares |
Perpetual bond
| Perpetual bond |
Capital reserves
| Capital reserves | 362,770,922.10 | 362,770,922.10 |
Less: treasury stock
| Less: treasury stock |
Other comprehensive income
| Other comprehensive income | -2,500,000.00 | -2,500,000.00 |
Special reserves
| Special reserves | 500,307.88 |
Surplus reserves
| Surplus reserves | 332,908,397.60 | 332,908,397.60 |
General risk reserves
| General risk reserves |
Undistributed profit
| Undistributed profit | 130,429,389.37 | 159,187,979.14 |
Total equity attributable to theowners of the parent company
| Total equity attributable to the owners of the parent company | 1,426,871,612.95 | 1,455,129,894.84 |
Minority equity
| Minority equity | -70,470,006.58 | -62,310,840.26 |
Total owner's equity
| Total owner's equity | 1,356,401,606.37 | 1,392,819,054.58 |
Total liabilities and owner's equity
| Total liabilities and owner's equity | 1,974,359,583.85 | 2,606,216,345.99 |
Legal representative: Kong Guoliang Chief finance officer: Chen Yuhui Finance director: Zhang
Xiaoyin Chief accountant: Lin Xiaojia
2. Consolidated income statement from the beginning of the year to the end of the reportingperiod
Unit: Yuan
| Item | Amount incurred in current period | Amount incurred in current period |
I. Total operating income
| I. Total operating income | 454,106,390.85 | 526,047,208.84 |
Including: operating income
| Including: operating income | 454,106,390.85 | 526,047,208.84 |
Interest income
| Interest income |
Premiums earned
| Premiums earned |
Income from handling chargesand commissions
| Income from handling charges and commissions |
II. Total operating costs
| II. Total operating costs | 527,768,982.12 | 743,588,397.18 |
Including: operating costs
| Including: operating costs | 443,453,657.23 | 630,962,703.50 |
Interest expense
| Interest expense |
Handling charges andcommissions expenses
| Handling charges and commissions expenses |
Surrender value
| Surrender value |
Net amount of compensationpayout
| Net amount of compensation payout |
Net amount of reserves forreinsurance contract
| Net amount of reserves for reinsurance contract |
Policy dividends
| Policy dividends |
Reinsurance costs
| Reinsurance costs |
Taxes and surcharges
| Taxes and surcharges | 2,648,996.33 | 3,476,215.67 |
Selling and distribution expenses
| Selling and distribution expenses | 1,915,968.03 |
G&A expenses
| G&A expenses | 54,940,136.38 | 62,895,143.67 |
R&D expenses
| R&D expenses | 20,411,445.96 | 22,220,034.84 |
Financial expenses
| Financial expenses | 4,398,778.19 | 24,034,299.50 |
Including: interest expense
| Including: interest expense | 15,278,935.73 | 30,821,445.12 |
Interest income
| Interest income | -11,230,162.67 | -6,508,173.81 |
Plus: other incomes
| Plus: other incomes | 9,582,732.15 | 7,158,020.64 |
Investment income (lossindicated by “-”)
| Investment income (loss indicated by “-”) | 21,844,319.50 | 50,062,793.74 |
Including: investment income toassociates and joint ventures
| Including: investment income to associates and joint ventures | 3,127,310.92 | -2,066,508.47 |
Recognized gain of financialassets calculated based onamortized cost at end of period
| Recognized gain of financial assets calculated based on amortized cost at end of period |
Exchange gain (loss indicated by"-")
| Exchange gain (loss indicated by "-") |
Net exposure hedging gain (lossindicated by "-")
| Net exposure hedging gain (loss indicated by "-") |
| Gains from changes in fair value (loss indicated by "-") |
Loss from credit impairment (lossindicated by “-”)
| Loss from credit impairment (loss indicated by “-”) |
Asset impairment loss (lossindicated by “-”)
| Asset impairment loss (loss indicated by “-”) |
Profit from disposal of assets(loss indicated by "－")
| Profit from disposal of assets (loss indicated by "－") | 96,847.39 |
III. Operating profits (losses arelisted with "-")
| III. Operating profits (losses are listed with "-") | -42,138,692.23 | -160,320,373.96 |
Plus: non-operating income
| Plus: non-operating income | 5,237,497.33 |
Less: non-operating expenses
| Less: non-operating expenses | 16,081.64 | 281,675.07 |
4. Total profit (total losses are
listed with "-")
| 4. Total profit (total losses are listed with "-") | -36,917,276.54 | -160,602,049.03 |
Less: income tax expenses
| Less: income tax expenses | 479.55 |
V. Net profit (net loss indicatedby “-”)
| V. Net profit (net loss indicated by “-”) | -36,917,756.09 | -160,602,049.03 |
(I) Classified as per businesscontinuity
| (I) Classified as per business continuity |
1. Net profit from continuing
operation (net loss indicated by“-”)
| 1. Net profit from continuing operation (net loss indicated by “-”) | -36,917,756.09 | -160,602,049.03 |
2. Net profit from discontinuing
operations (net loss indicated by“-”)
| 2. Net profit from discontinuing operations (net loss indicated by “-”) |
(II) Classified as per attribution ofownership
| (II) Classified as per attribution of ownership |
1. Net profit attributable to
shareholders of the parentcompany (net losses are listedwith "-")
| 1. Net profit attributable to shareholders of the parent company (net losses are listed with "-") | -28,758,589.77 | -142,579,668.91 |
2. Minority interest income (net
losses are listed with "-")
| 2. Minority interest income (net losses are listed with "-") | -8,159,166.32 | -18,022,380.12 |
VI. After-tax net of othercomprehensive incomes
| VI. After-tax net of other comprehensive incomes |
After-tax net of othercomprehensive incomesattributable to owners of theparent company
| After-tax net of other comprehensive incomes attributable to owners of the parent company |
(I) Other comprehensiveincomes which cannot bereclassified into the profit andloss in future
| (I) Other comprehensive incomes which cannot be reclassified into the profit and loss in future |
1. Change due to re-
measurement of defined benefitplans
| 1. Change due to re-measurement of defined benefit plans |
2. Other comprehensive incomes
which cannot be reclassified intothe profit and loss under the
| 2. Other comprehensive incomes which cannot be reclassified into the profit and loss under the |
Equity Method
3. Changes in fair value caused
by other equity instrumentinvestments
| 3. Changes in fair value caused by other equity instrument investments |
4. Change in fair value of
enterprise credit risk
| 4. Change in fair value of enterprise credit risk |
5. Miscellaneous
| 5. Miscellaneous |
(II) Other comprehensiveincomes which will bereclassified into the profit andloss in future
| (II) Other comprehensive incomes which will be reclassified into the profit and loss in future |
1. Other comprehensive incomes
that can be reclassified into theprofit and loss under the EquityMethod
| 1. Other comprehensive incomes that can be reclassified into the profit and loss under the Equity Method |
2. Changes in fair value of other
debt investments
| 2. Changes in fair value of other debt investments |
3. Amount included in other
comprehensive income afterreclassification of financialassets
| 3. Amount included in other comprehensive income after reclassification of financial assets |
4. Credit impairment reserve of
other debt investments
| 4. Credit impairment reserve of other debt investments |
5. Cash flow hedge reserve
| 5. Cash flow hedge reserve |
6. Translation differences in
foreign currency financialstatements
| 6. Translation differences in foreign currency financial statements |
7. Miscellaneous
| 7. Miscellaneous |
After-tax net of othercomprehensive incomesattributable to minorityshareholders
| After-tax net of other comprehensive incomes attributable to minority shareholders |
VII. Total comprehensive income
| VII. Total comprehensive income | -36,917,756.09 | -160,602,049.03 |
(I) Total comprehensive incomeattributable to owners of theparent company
| (I) Total comprehensive income attributable to owners of the parent company | -28,758,589.77 | -142,579,668.91 |
(II) Total comprehensive incomeattributable to minorityshareholders
| (II) Total comprehensive income attributable to minority shareholders | -8,159,166.32 | -18,022,380.12 |
VIII. Earnings per share:
| VIII. Earnings per share: |
(I) Basic earnings per share
| (I) Basic earnings per share | -0.0477 | -0.2365 |
(II) Diluted earnings per share
| (II) Diluted earnings per share | -0.0477 | -0.2365 |
In case of the business combination under the same control during the current period, the net profitrealized by the combined party before the combination was 0.00 yuan, and the net profit realized by thecombined party in the previous period was 0.00 yuan.Legal representative: Kong Guoliang Chief finance officer: Chen Yuhui Finance director: ZhangXiaoyin Chief accountant: Lin Xiaojia
3. Consolidated statement of cash flows from the beginning of the year to the end of thereporting period
Unit: Yuan
| Item | Amount incurred in current period | Amount incurred in current period |
I. Cash flows from operatingactivities:
| I. Cash flows from operating activities: |
Net increase in deposits fromcustomers and due from banksand other financial institutions
| Net increase in deposits from customers and due from banks and other financial institutions | 493,260,030.74 | 511,824,244.17 |
Net increase in customer bankdeposits and placement frombanks and other financialinstitutions
| Net increase in customer bank deposits and placement from banks and other financial institutions |
Net increase in borrowings fromthe central bank
| Net increase in borrowings from the central bank |
Net increase in loans from otherfinancial institutions
| Net increase in loans from other financial institutions |
Cash received from premium oforiginal insurance contract
| Cash received from premium of original insurance contract |
Net cash received fromreinsurance business
| Net cash received from reinsurance business |
Net increase in deposits andinvestments from policyholders
| Net increase in deposits and investments from policyholders |
Cash received from interest,handling charges andcommissions
| Cash received from interest, handling charges and commissions |
Net increase in loans from banksand other financial institutions
| Net increase in loans from banks and other financial institutions |
Net increase in capital fromrepurchase business
| Net increase in capital from repurchase business |
Net cash received fromvicariously traded securities
| Net cash received from vicariously traded securities |
Refunds of taxes and surcharges
| Refunds of taxes and surcharges | 31,608.88 | 326,068,386.00 |
Cash received from otheroperating activities
| Cash received from other operating activities | 44,622,787.85 | 51,126,014.48 |
Sub-total of cash inflows fromoperating activities
| Sub-total of cash inflows from operating activities | 537,914,427.47 | 889,018,644.65 |
Cash paid for goods purchasedand services received
| Cash paid for goods purchased and services received | 519,478,157.92 | 531,846,641.95 |
Net increase in loans andadvances to customers
| Net increase in loans and advances to customers |
Net increase in deposits incentral bank and other banksand financial institutions
| Net increase in deposits in central bank and other banks and financial institutions |
Cash paid for original insurancecontract claims
| Cash paid for original insurance contract claims |
Net increase in loans to banks
| Net increase in loans to banks |
and other financial institutionsCash paid for interest, handlingcharges and commissions
| Cash paid for interest, handling charges and commissions |
Cash paid for policy dividends
| Cash paid for policy dividends |
Cash paid to and for employees
| Cash paid to and for employees | 82,601,196.17 | 95,805,295.46 |
Cash paid for taxes andsurcharges
| Cash paid for taxes and surcharges | 22,130,212.52 | 13,363,876.54 |
Cash paid for other operatingactivities
| Cash paid for other operating activities | 33,084,548.91 | 29,046,254.50 |
Sub-total of cash outflows fromoperating activities
| Sub-total of cash outflows from operating activities | 657,294,115.52 | 670,062,068.45 |
Net cash flows from operatingactivities
| Net cash flows from operating activities | -119,379,688.05 | 218,956,576.20 |
II. Cash flows from investingactivities:
| II. Cash flows from investing activities: |
Cash received from disposal ofinvestments
| Cash received from disposal of investments | 330,010,220.37 |
Cash received from returns oninvestments
| Cash received from returns on investments | 29,934,911.51 | 42,360,748.95 |
Net cash received from disposalof fixed assets, intangible assetsand other long-term assets
| Net cash received from disposal of fixed assets, intangible assets and other long-term assets | 550,880.00 |
Net cash received from disposalof subsidiaries and otherbusiness units
| Net cash received from disposal of subsidiaries and other business units |
Cash received from otherinvesting activities
| Cash received from other investing activities |
Sub-total of cash inflows frominvesting activities
| Sub-total of cash inflows from investing activities | 360,496,011.88 | 42,360,748.95 |
Cash paid for acquiring andconstructing fixed assets,intangible assets and other long-term assets
| Cash paid for acquiring and constructing fixed assets, intangible assets and other long-term assets | 3,514,289.85 | 2,813,951.29 |
Cash paid for investments
| Cash paid for investments | 355,929,274.61 |
Net increase in pledged loans
| Net increase in pledged loans |
Net cash paid to acquiresubsidiaries and other businessunits
| Net cash paid to acquire subsidiaries and other business units |
Cash paid for other investingactivities
| Cash paid for other investing activities | 110,000,000.00 |
Sub-total of cash outflows frominvesting activities
| Sub-total of cash outflows from investing activities | 113,514,289.85 | 358,743,225.90 |
Net cash flows from investingactivities
| Net cash flows from investing activities | 246,981,722.03 | -316,382,476.95 |
III. Cash flows from financingactivities:
| III. Cash flows from financing activities: |
Cash received from investors
| Cash received from investors |
| Including: cash received by subsidiaries from investments by minority shareholders |
Cash received from borrowings
| Cash received from borrowings | 351,093,926.90 | 1,021,949,358.06 |
Cash received from otherfinancing activities
| Cash received from other financing activities | 5,440,434.23 |
Sub-total of cash inflows fromfinancing activities
| Sub-total of cash inflows from financing activities | 356,534,361.13 | 1,021,949,358.06 |
Cash paid for debt repayments
| Cash paid for debt repayments | 847,756,445.98 | 897,247,723.08 |
Cash paid for distribution ofdividends and profits or paymentof interests
| Cash paid for distribution of dividends and profits or payment of interests | 9,643,602.15 | 12,257,015.22 |
Including: dividends and profitspaid to minority shareholders bysubsidiaries
| Including: dividends and profits paid to minority shareholders by subsidiaries |
Cash paid for other financingactivities
| Cash paid for other financing activities | 3,890,805.07 |
Sub-total of cash outflows fromfinancing activities
| Sub-total of cash outflows from financing activities | 861,290,853.20 | 909,504,738.30 |
Net cash flows from financingactivities
| Net cash flows from financing activities | -504,756,492.07 | 112,444,619.76 |
Ⅳ. Effect of fluctuation inexchange rate on cash and cashequivalents
| Ⅳ. Effect of fluctuation in exchange rate on cash and cash equivalents | 138,102.95 | 638,612.43 |
V. Net increase in cash and cashequivalents
| V. Net increase in cash and cash equivalents | -377,016,355.14 | 15,657,331.44 |
Plus: beginning balance of cashand cash equivalents
| Plus: beginning balance of cash and cash equivalents | 648,021,672.06 | 689,604,633.59 |
VI. Ending balance of cash andcash equivalents
| VI. Ending balance of cash and cash equivalents | 271,005,316.92 | 705,261,965.03 |
Legal representative: Kong Guoliang Chief finance officer: Chen Yuhui Finance director: ZhangXiaoyin Chief accountant: Lin Xiaojia
(II) Adjustments to relevant items in financial statements at the beginning of the year when thenew accounting standards are implemented for the first time in 2023.? Applicable ?Not applicable(III) Audit reportWhether the Q3 report has been audited? Yes ?NoThe Company's Q3 report hasn't been audited.
Board of Directors of Shenzhen Nanshan Power Co., Ltd.
October 27, 2023