-002 6 nO" -季 2016 ∶4月 26日 : 说明：公司披露的 2015 年一季度每股收益是 0.096 元/股（未合并龙滩公司收益）。 非经常性损益项目和金额 √适用 □不适用 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司主要财务数据和股东变化 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 8 | 2016 年第一季度报告 一、 重要提示 1.4 本公司第一季度报告未经审计。 二、 公司主要财务数据和股东变化 2.1 主要财务数据 单位：元 币种：人民币 | | 本报告期末 | 上年度末 | 本报告期末比上年度末增 | | --- | --- | --- | --- | | | | | 减(%) | | 总资产 | 42,062,096,727.80 | 43,404,386,436.32 | -3.09% | | 归属于上市公司 | 13,149,881,165.59 | 12,551,372,956.88 | 4.77% | | 股东的净资产 | | | | | | 年初至报告期末 | 上年初至上年报告期末 | 比上 ...

2015 年年度报告 公司代码：600236 公司简称：桂冠电力 广西桂冠电力股份有限公司 2015 年年度报告 重要提示 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 经审计，2015 年度桂冠公司实现归属上市公司股东净利润 2,569,186,493.74 元，按照《公 司法》和公司章程规定，提取法定盈余公积金 71,565,096.92 元，上年结转至本年的未分配利润 1,032,424,214.12 元，年末可供股东分配的利润 3,530,045,610.94 元。 公司拟以 2015 年 12 月 31 日公司总股本 6,063,367,540 股为基数，向全体股东每 10 股派现 金红利 3 元（含税）,预计现金分配利润数 1,819,010,262 元。 六、 前瞻性陈述的风险声明 本报告中所涉及的发展战略、经营计划等前瞻性陈述不构成公司对投资者的实质承诺，敬请 投资者注意投资风险。 2015 年年度报告 第一节 释义 一、 释义 七、 是否存在被控股股东及其关联方非经营性占用资金情况 是 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 重大风险提示 敬请查阅第四节管 ...

2015 年第三季度报告 公司代码：600236 公司简称：桂冠电力 广西桂冠电力股份有限公司 2015 年第三季度报告 1 / 26 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司主要财务数据和股东变化 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 9 | 2015 年第三季度报告 一、 重要提示 1.4 本公司第三季度报告未经审计。 二、 公司主要财务数据和股东变化 2.1 主要财务数据 | | | | | 单位：元 币种：人民币 | | | | --- | --- | --- | --- | --- | --- | --- | | | 本报告期末 | 上年度末 | | | 本报告期末比上年度末增 | | | | | | | 减(%) | | | | 总资产 | 21,139,061,346.08 | | 22,142,291,941.71 | | | -4.53 | | 归属于上市公司 | 4,450,648,009.41 | | 3,913,239,583.04 | | | 13.73 | | 股东 ...

2015 年半年度报告 公司代码：600236 公司简称：桂冠电力 广西桂冠电力股份有限公司 2015 年半年度报告 重要提示 无。 六、 是否存在被控股股东及其关联方非经营性占用资金情况 否 七、 是否存在违反规定决策程序对外提供担保的情况？ 否 八、 其他 2015 年 6 月 26 日，公司召开 2015 年第一次临时股东大会，大会审议并通过了包括《关于公 司发行普通股购买资产暨关联交易方案的议案》、《关于公司向特定对象发行优先股募集配套资 金的议案》在内的全部共 11 个议案。目前，《广西桂冠电力股份有限公司发行股份购买资产核准》 1 / 126 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事以通讯表决方式出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人王森、主管会计工作负责人戴波及总会计师曹军、会计机构负责人（会计主管人 员）丘俊海声明：保证半年度报告中财务报告的真实、准确、完整。 五、 前瞻性陈述的风险声明 2015 年半年度报告 申请材料尚正在中国证 ...

Financial Performance - Operating revenue for the reporting period was CNY 1,344,065,361.37, an increase of 22.66% year-on-year[7] - Net profit attributable to shareholders of the listed company was CNY 215,462,905.73, recovering from a loss of CNY 19,370,813.92 in the same period last year[7] - The company's operating revenue increased by 22.66% year-on-year, primarily due to favorable water conditions and the commissioning of new generating units[13] - The net profit attributable to the parent company turned from loss to significant profit, driven by improved profitability from hydropower operations[13] - The net profit for Q1 2015 reached CNY 51,544,934.37, compared to a net loss of CNY 53,974,975.05 in Q1 2014[30] - The total profit for Q1 2015 was CNY 51,436,115.37, recovering from a loss of CNY 53,961,588.77 in the same period last year[29] - Net profit attributable to shareholders increased to CNY 1,198,714,815.81, up from CNY 980,189,647.36, reflecting a growth of 22.3%[20] Cash Flow - Cash flow from operating activities increased by 55.53% to CNY 798,448,890.34 compared to the same period last year[7] - Cash flow from operating activities increased to CNY 1,633,523,729.85, compared to CNY 1,198,278,706.18 in the previous year, marking a growth of approximately 36.3%[32] - The net cash flow from operating activities for Q1 2015 was ¥798,448,890.34, an increase of 55.6% compared to ¥513,356,779.04 in the previous year[33] - Total cash inflow from operating activities was ¥1,650,694,168.58, while cash outflow was ¥852,245,278.24, resulting in a net cash inflow of ¥798,448,890.34[33] Assets and Liabilities - Total assets at the end of the reporting period were CNY 21,847,501,712.17, a decrease of 1.33% compared to the end of the previous year[7] - The company's current assets totaled approximately CNY 2.69 billion, slightly down from CNY 2.71 billion at the beginning of the year[18] - Long-term equity investments amounted to approximately CNY 1.11 billion, down from CNY 1.12 billion at the beginning of the year[18] - Fixed assets were valued at approximately CNY 16.76 billion, a decrease from CNY 17.04 billion at the beginning of the year[18] - Total liabilities decreased to CNY 15,757,291,991.31 from CNY 16,325,470,369.90, a decline of 3.5%[20] - Current liabilities totaled CNY 2,947,847,724.45, down from CNY 3,307,215,327.04, indicating a decrease of 10.9%[20] - Non-current liabilities amounted to CNY 12,809,444,266.86, a slight decrease from CNY 13,018,255,042.86[20] Shareholder Information - The total number of shareholders at the end of the reporting period was 98,417[11] - The largest shareholder, China Datang Corporation, holds 50.51% of the shares[11] - The company has not identified any related party relationships among the top shareholders[11] Investment and Financing Activities - The company plans to issue ordinary shares to purchase assets and issue preferred shares to raise matching funds[12] - Cash received from borrowings decreased by 100% year-on-year, as the company achieved good profits without external borrowing[13] - Cash used for debt repayment decreased by 22.24% year-on-year, in line with financing contracts and cash flow conditions[13] Tax and Dividend Information - Taxes paid increased by 111.07% year-on-year, reflecting substantial growth in revenue and profit, including VAT and related taxes[13] - The company's unpaid dividends grew by 53,129.80% compared to the beginning of the year, due to profit distribution from a subsidiary[13] - The company's undistributed profits increased by 22.29% year-on-year, mainly due to better water inflow at its hydropower enterprises[13] Other Financial Metrics - The weighted average return on net assets increased by 5.97 percentage points to 5.43%[7] - The financial expenses decreased to CNY 87,595,164.79 from CNY 105,080,132.33, reflecting a reduction of approximately 16.5%[29] - The investment income for Q1 2015 was CNY 40,897,545.69, up from CNY 28,131,843.86 in the same quarter last year[29] - The company reported a basic and diluted earnings per share of CNY 0.096, compared to a loss per share of CNY 0.008 in Q1 2014[27]

Financial Performance - In 2014, the company's operating revenue reached CNY 5,703,384,436.94, representing a 15.36% increase compared to CNY 4,944,102,874.45 in 2013[31] - The net profit attributable to shareholders was CNY 592,811,394.47, a significant increase of 163.08% from CNY 225,337,576.61 in the previous year[31] - The net cash flow from operating activities was CNY 3,218,059,343.18, reflecting a 34.58% increase from CNY 2,391,121,927.73 in 2013[31] - The total assets of the company at the end of 2014 were CNY 22,142,291,941.71, a slight increase of 0.98% from CNY 21,926,661,682.29 in 2013[31] - The company's net assets attributable to shareholders increased to CNY 3,913,239,583.04, up 12.87% from CNY 3,467,085,131.19 in 2013[31] - Basic earnings per share rose to CNY 0.260, a 162.62% increase compared to CNY 0.099 in 2013[32] - The weighted average return on equity increased to 16.14%, up 9.51 percentage points from 6.63% in 2013[32] Revenue and Generation - The total electricity generation for the year was 23.202 billion kWh, an increase of 21.48% year-on-year, with hydropower generation increasing by 43.14% to 17.367 billion kWh[38] - The company achieved a main business revenue of RMB 5,675,770,000, which is a 15.47% increase from RMB 4,915,500,000 in the previous year, driven by increased hydropower revenue due to improved water conditions[44] - The company's thermal power generation decreased by 17.62% year-on-year, primarily due to lower overall electricity demand in Guangxi[41] - The company’s wind power generation increased by approximately 11.01% year-on-year, with specific plants exceeding regional average utilization hours[41] Cash Flow and Investments - The company’s investment activities resulted in a net cash outflow of RMB 568,752,744.60, an improvement of 55.47% compared to the previous year's outflow of RMB 1,277,274,064.75[42] - The company’s financing activities showed a net cash outflow of RMB 1,977,971,216.89, which is a significant increase in outflow compared to RMB 1,102,251,492.07 in the previous year, indicating a 79.45% increase in financing costs[42] - The company reported a total revenue of 1,048,501,770.50 RMB for the year 2014, with a net profit of 15,621,332.75 RMB[77] Operational Efficiency and Costs - Fuel costs decreased to ¥1,190,075,916.88, accounting for 35.16% of total costs, down from 43.9% last year, primarily due to lower coal prices and a decrease in thermal power generation[52] - Employee compensation increased to ¥544,606,035.05, representing 16.09% of total costs, up from 13.75% last year, driven by overall wage growth and the inclusion of labor dispatch costs in employee compensation calculations[53] - Depreciation expenses rose to ¥1,091,571,654.55, making up 32.25% of total costs, compared to 27.83% last year, due to the transfer of construction projects to fixed assets[53] Strategic Initiatives and Future Plans - The company plans to distribute a cash dividend of CNY 1.3 per 10 shares, totaling an estimated cash distribution of CNY 296,458,436.82[8] - The company plans to achieve a power generation target of 22.15 billion kWh and a total profit of 786 million RMB in 2015, with a debt-to-asset ratio controlled below 73%[96] - The company expects a total financing requirement of 2.79 billion RMB in 2015, including 1.08 billion RMB for new financing and 1.71 billion RMB for loan replacement[97] - The company is actively expanding its hydropower and wind power projects, particularly in regions with high growth potential like Guizhou, which saw a revenue increase of 58.40%[69] Shareholder and Governance - The company reported a cash dividend distribution plan for 2014, proposing a cash dividend of 1.3 RMB per 10 shares, amounting to an estimated total cash distribution of 296,458,436.82 RMB[106] - As of December 31, 2014, the company's total share capital was 2,280,449,514 shares, with a net profit attributable to shareholders of 592,811,394.47 RMB, resulting in a dividend payout ratio of 50%[108] - The company has provided guarantees totaling 521.77 million RMB to China Datang Corporation, with the guarantee period from August 10, 2012, to April 23, 2023[135] Environmental and Social Responsibility - The company has maintained a clean environmental record, with all emissions meeting national standards and no environmental accidents reported during the reporting period[108] - The company has committed to social responsibility initiatives, supporting disaster relief and local community stability efforts[108] - The management team emphasized a commitment to sustainability, aiming for a 50% reduction in carbon emissions by 2025[187] Market Position and Competition - The company plans to enhance its competitive edge by acquiring Longtan assets, which could increase its market share in hydropower to 67% in Guangxi[72] - The company aims to become a leading large-scale power listed company in southern China by the end of the 12th Five-Year Plan, focusing on mergers and acquisitions in the power sector[95] - The company faces risks from competitive electricity pricing and potential adverse weather conditions affecting hydropower generation[100]

2014 年第三季度报告 广西桂冠电力股份有限公司 2014 年第三季度报告 1 / 21 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司主要财务数据和股东变化 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 8 | 2014 年第三季度报告 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员应当保证季度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事以通讯表决方式审议季度报告。 1.3 公司负责人王森、主管会计工作负责人戴波、 总会计师吴育双及会计机构负责人（会计主管 人员）丘俊海保证季度报告中财务报表的真实、准确、完整。 1.4 本公司第三季度报告未经审计。 二、 公司主要财务数据和股东变化 2.1 主要财务数据 单位：元 币种：人民币 | 受托经营取得的托管费收入 | | | | --- | --- | --- | | 除上述各项之外的其他营业外收入和支出 | | | | 其他符合非经常性损益定义的损益项目 | - ...

广西桂冠电力股份有限公司 2014 年半年度报告 广西桂冠电力股份有限公司 600236 2014 年半年度报告 1 广西桂冠电力股份有限公司 2014 年半年度报告 重要提示 一、本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、准确、 完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、公司全体董事以通讯表决方式参加表决。 三、公司半年度财务报告未经审计。 四、公司负责人戴波、主管会计工作负责人戴波、总会计师吴育双及会计机构负责人（会计 主管人员）丘俊海声明：保证年度报告中财务报告的真实、准确、完整。 五、是否存在被控股股东及其关联方非经营性占用资金情况？ 否 六、是否存在违反规定决策程序对外提供担保的情况？ 否 2 4 广西桂冠电力股份有限公司 2014 年半年度报告 第二节公司简介 | 第一节释义 4 | | --- | | 第二节公司简介 5 | | 第三节会计数据和财务指标摘要 6 | | 第四节董事会报告 7 | | 第五节重要事项 14 | | 第六节股份变动及股东情况 19 | | 第七节优先股相关情况 22 | | 第八节董事、监事、高级管理 ...

Financial Performance - Net profit attributable to shareholders decreased by 117.91% to a loss of CNY 18.71 million compared to the same period last year[13]. - Operating revenue decreased by 9.28% to CNY 1.10 billion compared to the same period last year[13]. - Net cash flow from operating activities decreased by 34.11% to CNY 513.36 million compared to the same period last year[13]. - Investment income decreased by 157% due to increased losses from Yinhai Aluminum and decreased profits from Beibu Gulf Bank[16]. - The company reported a net loss of CNY 9,688,183.89 for the quarter, compared to a net profit of CNY 140,998,195.80 in the previous year[33]. - Net profit turned negative at -¥53,974,975.05 compared to a profit of ¥35,068,641.31 in the previous period, indicating a significant loss[35]. - Total comprehensive income also reflected a loss of -¥53,974,975.05, aligning with the net profit figures[35]. Assets and Liabilities - Total assets decreased by 0.58% to CNY 21.80 billion compared to the end of the previous year[13]. - The company’s total assets amounted to CNY 21,800,151,966.79, down from CNY 21,926,661,682.29, showing a decrease of about 0.57%[25]. - Total liabilities decreased to CNY 15,021,436,136.30 from CNY 15,108,659,544.91, reflecting a reduction of approximately 0.58%[25]. - The company's equity attributable to shareholders decreased to CNY 3,418,379,088.11 from CNY 3,467,085,131.19, a decline of 1.41%[30]. - The company’s long-term investments decreased slightly to CNY 1,235,316,476.86 from CNY 1,244,807,076.75, a decline of about 0.77%[24]. - The company’s fixed assets decreased to CNY 16,391,769,774.18 from CNY 16,653,906,789.92, indicating a decrease of approximately 1.57%[25]. Cash Flow - Cash flow from operating activities decreased to ¥513,356,779.04 from ¥779,158,576.66, a drop of about 34.1% year-over-year[38]. - Cash flow from investing activities showed a net outflow of -¥174,551,961.78, compared to -¥347,945,857.45 in the previous period, reflecting reduced investment activity[39]. - Cash flow from financing activities resulted in a net outflow of -¥452,202,257.60, a significant decrease from a net inflow of ¥512,465,603.56 in the prior period[39]. - Total cash inflow from financing activities amounted to $30 million, while total cash outflow reached $198.02 million, resulting in a net cash flow of -$168.02 million[43]. - Cash and cash equivalents at the end of the period were $429.08 million, down from $619.22 million at the beginning of the period, indicating a decrease of $190.14 million[43]. Operational Metrics - The company’s weighted average return on net assets decreased by 3.62 percentage points to -0.54%[13]. - The company’s basic earnings per share decreased by 117.39% to -CNY 0.008[13]. - The earnings per share (EPS) for the quarter was -0.008, compared to 0.046 in the same period last year[33]. - Total operating revenue for the first quarter was CNY 1,095,725,264.94, a decrease of 9.26% compared to CNY 1,207,799,963.14 in the same period last year[32]. - Total operating costs increased to CNY 1,090,880,913.25, up from CNY 1,075,902,830.60, reflecting a rise of 1.38%[33]. Corporate Governance - The company’s chairman unexpectedly passed away during the reporting period, and the vice chairman is temporarily assuming the role[19]. - The company has not received any notifications regarding the disposal of three power stations from the controlling shareholder, China Datang Corporation[22]. - The company has committed to maintaining a profit distribution ratio of no less than 50% of the distributable profits for the years 2006-2008[21]. - The company has committed to gradually injecting the assets of Longtan Hydropower Station into the company once the station is fully operational at the designed water level of 400 meters[21].

Financial Performance - The company's operating revenue for 2013 was CNY 4,944,102,874.45, a decrease of 4.89% compared to CNY 5,198,176,138.75 in 2012[21]. - The net profit attributable to shareholders for 2013 was CNY 225,337,576.61, down 21.38% from CNY 286,630,763.93 in 2012[21]. - The basic earnings per share for 2013 were CNY 0.099, a decrease of 21.43% from CNY 0.126 in 2012[21]. - The weighted average return on equity for 2013 was 6.63%, down 2.26 percentage points from 8.89% in 2012[21]. - The company's main electricity sales revenue was CNY 4,915,500,000, down 5.21% from CNY 5,185,740,000 in the previous year, primarily due to a decrease in hydropower generation[28]. - The total comprehensive income for 2013 was CNY 344,343,005.80, down 20.3% from CNY 432,143,812.86 in the previous year[170]. - The total profit for 2013 was CNY 414,526,923.77, a decrease of 22.7% from CNY 536,284,825.71 in the previous year[170]. Cash Flow and Investments - The cash flow from operating activities increased by 16.34% to CNY 2,391,121,927.73 in 2013, compared to CNY 2,055,279,779.05 in 2012[21]. - The cash flow from investing activities showed a net outflow of CNY 1,277,274,064.75, improving from a net outflow of CNY 1,635,989,421.89 in the previous year[173]. - The cash flow from financing activities resulted in a net outflow of CNY 1,102,251,492.07, compared to a net outflow of CNY 682,375,554.21 in the previous year[174]. - The company received CNY 5,300,000,000.00 from borrowings in 2013, an increase from CNY 4,688,100,000.00 in the previous year[174]. - The company reported an increase in investment income from joint ventures to CNY 17,172,553.19, compared to CNY 128,167,658.03 in the previous year[170]. Assets and Liabilities - The total assets at the end of 2013 were CNY 21,926,661,682.29, a slight increase of 0.71% from CNY 21,771,840,833.55 in 2012[21]. - Total liabilities reached CNY 16.83 billion, an increase of 0.23% from the beginning of the year[42]. - The asset-liability ratio was 76.76%, a decrease of 0.73 percentage points compared to the beginning of the year[42]. - The company's equity totaled CNY 5.10 billion, with a 4.02% increase in equity attributable to the parent company[42]. - Current liabilities totaled CNY 2,777,090,022.85, down from CNY 5,134,739,194.45, indicating a significant reduction of 45.9%[160]. Operational Performance - The total installed capacity of the company at the end of the reporting period was 5,372.5 MW, including 3,809 MW from hydropower, 1,330 MW from thermal power, and 233.5 MW from wind power[25]. - The total electricity generated by the company's power plants was 18.278 billion kWh, a decrease of 11.24% year-on-year, with hydropower down 18.10% and wind power up 32.49%[25][26]. - The company’s hydropower generation was adversely affected by a significant reduction in natural water inflow, with a decrease of nearly 60% compared to the multi-year average[26]. - The company’s thermal power generation increased due to improved operational efficiency at the Heshan Power Plant, with a year-on-year increase of 4.49%[26]. - The company plans to achieve a power generation target of 21.5 billion kWh and revenue of 5.544 billion CNY in 2014, with a profit target of 600 million CNY[55]. Dividends and Shareholder Returns - The company plans to distribute a cash dividend of CNY 0.5 per 10 shares, totaling approximately CNY 114,022,475.7[7]. - The company’s total share capital as of December 31, 2013, was 2,280,449,514 shares[65]. - The company’s total equity attributable to shareholders at the end of the year was CNY 4,901,534,100.24, up from CNY 4,592,593,097.78 at the end of the previous year, indicating a growth of about 6.7%[186]. Corporate Governance and Management - The company has established a comprehensive governance structure in compliance with relevant laws and regulations, ensuring clear responsibilities among its governing bodies[133]. - The board of directors underwent changes, with resignations from Vice Chairman Li Shaomin and Director Zhang Lu due to age, and Independent Director Ruan Xianghua resigning for personal reasons[122]. - The remuneration for independent directors is set at CNY 60,000 annually, with travel expenses covered for attending meetings[126]. - The company has a focus on equal communication and work coordination with its controlling shareholder, China Datang Group, ensuring that management time is concentrated on the listed company[125]. - The company reported that all remuneration for directors, supervisors, and senior management is subject to performance assessments based on operational metrics[126]. Future Outlook and Strategic Initiatives - The company aims to expand its renewable energy portfolio and actively participate in power asset acquisitions to enhance its market position[35]. - The company plans to invest in new technologies to improve operational efficiency and reduce costs, aiming for a 10% reduction in operational expenses by 2015[120]. - The company is focused on optimizing its asset structure and enhancing project reserves in economically developed coastal areas and resource-rich western regions[57]. - The company anticipates a stable operational environment due to the prioritization of hydropower generation under national clean energy policies, benefiting from increased hydropower output[54]. - The company is committed to modernizing and internationalizing its operations to strengthen its competitive edge in the energy market[111].