安徽恒源煤电股份有限公司 2018 年第一季度报告 1 / 18 2018 年第一季度报告 公司代码：600971 公司简称：恒源煤电 | | 本报告期末 | 上年度末 | 本报告期末比上年度 末增减(%) | | | --- | --- | --- | --- | --- | | 总资产 | 14,616,656,453.39 | 14,245,715,683.41 | 2.6 | | | 归属于上市公司股东 | | | | | | 的净资产 | 7,175,090,013.38 | 6,914,879,503.70 | 3.76 | | | | 年初至报告期末 | 上年初至上年报告期末 | 比上年同期增减(%) | | | 经营活动产生的现金 | | | | | | 流量净额 | 419,008,334.21 | 265,157,704.77 | 58.02 | | | | 年初至报告期末 | 上年初至上年报告期末 | 比上年同期增减（%） | | | 营业收入 | 1,533,182,546.21 | 1,592,244,331.95 | | -3.71 | | 归属于上市公司股东 | | | | -2 ...

2017 年年度报告 公司代码：600971 公司简称：恒源煤电 安徽恒源煤电股份有限公司 2017 年年度报告 1 / 132 2017 年年度报告 重要提示 三、 立信会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、 公司负责人袁兆杰、主管会计工作负责人 朱四一 及会计机构负责人（会计主管人员） 朱 四一声明：保证年度报告中财务报告的真实、准确、完整。 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 经立信会计师事务所（特殊普通合伙）审计，公司2017年度实现营业收入6,536,179,022.63 元，实现净利润1,110,266,020.92元，其中归属于上市公司股东的净利润1,104,749,084.82元。 根据《公司法》、《公司章程》的有关规定，法定盈余公积513,066,930.69元，为注册资本的51.31% ，超过注册资本的50%，本年未提取法定盈余公积。加上滚存的未分配利润，截止2017年末，经审 计可供股东分配的利润为2,689,412,492.32元。 鉴于公司目前经营情况良好，经综合考虑投资者的合理回报和公司的长远发展，在保证公司 正常生产经营 ...

Financial Performance - Operating revenue for the first nine months reached CNY 5,116,044,560.70, a 73.26% increase year-on-year[6] - Net profit attributable to shareholders surged by 713.65% to CNY 951,764,071.17 compared to the same period last year[6] - Basic earnings per share rose to CNY 0.9518, reflecting a 713.50% increase year-on-year[7] - Total revenue for the year-to-date reached CNY 5,116,044,560.70, an increase of 73.26% compared to the same period last year, primarily due to rising sales prices of coal products[18] - Net profit for the year-to-date was CNY 957,236,736.49, reflecting a significant increase of 688.62% year-on-year, driven by substantial revenue growth[21] - Total operating revenue for Q3 2017 reached ¥1,833,780,460.5, a 66.7% increase compared to ¥1,099,754,993.76 in Q3 2016[37] - Net profit for Q3 2017 was ¥320,830,736.02, compared to ¥60,246,773.15 in Q3 2016, representing a significant increase of 431.5%[38] - Earnings per share for Q3 2017 were ¥0.32, up from ¥0.06 in Q3 2016, indicating a substantial growth in profitability[39] - Operating revenue for the first three quarters of 2017 reached ¥5,066,581,749.34, a significant increase of 73.7% compared to ¥2,915,427,314.59 in the same period last year[40] - Net profit for the first three quarters of 2017 was ¥941,734,695.42, compared to ¥114,264,416.16 in the previous year, reflecting a substantial growth of 720.5%[41] Assets and Liabilities - Total assets increased by 4.09% to CNY 14,100,257,002.31 compared to the end of the previous year[6] - Total current assets increased to ¥6,399,876,459.61 from ¥5,493,839,961.53, representing a growth of approximately 16.5%[29] - Total non-current assets decreased to ¥7,700,380,542.70 from ¥8,052,628,605.58, a decline of about 4.4%[30] - Total liabilities decreased to ¥7,079,129,168.26 from ¥7,754,205,175.87, a reduction of approximately 8.7%[31] - Total equity increased to ¥7,021,127,834.05 from ¥5,792,263,391.24, representing a growth of about 21.3%[31] - Accounts receivable at the end of the period amounted to CNY 2,366,190,078.12, up 45.13% from the beginning of the year, mainly due to increased sales revenue and customer payments via notes[14] - Inventory at the end of the period was CNY 297,923,015.57, a 37.35% increase from the beginning of the year, attributed to higher stock levels of coal products[15] - Short-term borrowings decreased to CNY 1,626,500,000.00, down 33.79% from the beginning of the year, primarily due to repayment of part of the short-term bank loans[15] - The company’s long-term payables decreased to CNY 780,888,056.88, down 34.94% from the beginning of the year, mainly due to the repayment of financing lease payments[16] - Long-term investments increased to ¥519,419,860.83 from ¥433,358,478.75, reflecting a growth of about 19.9%[29] Cash Flow - Net cash flow from operating activities decreased by 3.38% to CNY 1,642,711,945.66 compared to the same period last year[6] - Cash flow from operating activities for the year-to-date was CNY 1,642,711,945.66, a decrease of 3.38% compared to the same period last year[23] - Cash flow from operating activities for the first three quarters was ¥1,642,711,945.66, slightly down from ¥1,700,260,086.09 in the same period last year[44] - Total cash inflow from investment activities was ¥562,164,438.36, while cash outflow was ¥878,697,206.82, resulting in a net cash flow of -¥316,532,768.46[44] - Cash flow from financing activities showed a net outflow of -¥1,314,412,086.29, compared to a net inflow of ¥306,702,878.01 in the previous year[45] - Cash outflow from investing activities totaled ¥877,926,359.82, compared to ¥166,292,083.98 in the previous year, indicating increased investment activity[47] - Net cash flow from investing activities was negative at -¥314,449,421.46, worsening from -¥166,292,083.98 year-on-year[47] - Cash inflow from financing activities was ¥1,397,500,000.00, down 48.0% from ¥2,687,500,000.00 in the same quarter last year[48] - Net cash flow from financing activities was -¥1,308,070,686.29, a significant decline compared to a positive net flow of ¥314,797,258.01 in the previous year[48] Shareholder Information - The company reported a total of 47,531 shareholders as of the end of the reporting period[11] - The largest shareholder, Anhui Wanbei Coal Electricity Group Co., Ltd., holds 54.96% of the shares[11] Tax and Other Income - Non-operating income for the first nine months amounted to CNY 9,621,730.76, an increase compared to the previous year[10] - The company reported a 99.32% increase in taxes and surcharges, totaling CNY 134,169,356.75, due to adjustments in accounting and increased resource tax from higher coal sales[19] Future Outlook - The company expects a significant increase in profitability for the full year compared to the previous year[25] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[39]

2017 年半年度报告 公司代码：600971 公司简称：恒源煤电 安徽恒源煤电股份有限公司 2017 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、 公司全体董事出席董事会会议。 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中有关未来计划等前瞻性陈述，不构成本公司对投资者的实质性承诺，请投资 者注意投资风险。 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 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 1 / 110 三、 本半年度报告未经审计。 四、 公司负责人邓西清、主管会计工作负责人朱四一及会计机构负责人（会计主管人员）朱四一 声明：保证半年度报告中财务报告的真实、准确、完整。 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 2017 年半年度报告 九、 重大风险提示 受宏观经济、市场供需变化等因素影响，公司主要产品煤炭价格存在波动风险，对公 司业绩影响较大；由于煤炭行业的特点，煤炭开采为地下作业，存在着发生水、火、 ...

Financial Performance - Operating revenue rose by 63.16% to CNY 1.59 billion year-on-year[6] - Net profit attributable to shareholders reached CNY 290.21 million, a significant increase from a loss of CNY 20.18 million in the same period last year[6] - Basic and diluted earnings per share increased to CNY 0.2876 from CNY 0.0048, representing a growth of 5,891.67%[6] - The weighted average return on equity improved to 4.90%, up by 4.81 percentage points from the previous year[6] - The company's operating revenue for the year-to-date period reached 159,224.43 million yuan, an increase of 63.16% compared to the same period last year, primarily due to rising sales prices of coal products[17] - The net profit for the year-to-date period was 29,052.02 million yuan, reflecting a significant increase of 3,174.20% year-on-year, driven by substantial revenue growth[18] - Total operating revenue for Q1 2017 reached ¥1,592,244,331.95, a significant increase of 63.0% compared to ¥975,900,984.27 in the same period last year[33] - The net profit for Q1 2017 reached approximately ¥290.52 million, compared to ¥8.87 million in Q1 2016, indicating a significant growth[35] - The operating profit for Q1 2017 was approximately ¥286.65 million, a turnaround from a loss of ¥20.87 million in the previous year[36] Assets and Liabilities - Total assets increased by 4.84% to CNY 14.20 billion compared to the end of the previous year[6] - Total assets amounted to ¥13,957,749,461.42, compared to ¥13,306,019,502.64 at the start of the year, representing an increase of 4.9%[30] - Total liabilities reached ¥7,951,125,030.57, an increase from ¥7,710,684,728.35, marking a rise of 3.1%[31] - The company's total liabilities decreased by 61.70% for notes payable, amounting to 3,236.65 million yuan at the end of the period[16] - Non-current assets totaled ¥7,908,573,804.65, a decrease from ¥8,031,654,799.39 at the beginning of the year, indicating a reduction of approximately 1.5%[30] Cash Flow - Cash flow from operating activities decreased by 51.61% to CNY 265.16 million compared to the previous year[6] - The net cash flow from operating activities was 26,515.77 million yuan, a decrease of 51.61% compared to the same period last year, mainly due to increased material purchases and repayment of prior year payables[21] - Cash flow from operating activities for Q1 2017 was approximately ¥265.16 million, down from ¥547.92 million in the same period last year[39] - The company's operating cash flow for Q1 2017 was CNY 264,388,723.76, a decrease of 51.0% compared to CNY 538,851,693.92 in the previous year[40] - Cash inflow from operating activities totaled CNY 1,655,139,231.74, compared to CNY 1,262,988,867.34 in the previous year, reflecting a growth of 31.1%[40] Expenses - The company's management expenses rose to 15,158.45 million yuan, up 45.23% year-on-year, primarily due to wage increases[18] - The company's financial expenses increased to 5,071.77 million yuan, a rise of 38.68% year-on-year, mainly due to increased bank borrowings[18] - The company's management expenses increased to approximately ¥151.58 million in Q1 2017 from ¥104.38 million in the previous year[36] - The financial expenses for Q1 2017 were approximately ¥50.72 million, compared to ¥36.57 million in Q1 2016[36] Shareholder Information - The total number of shareholders reached 39,606 at the end of the reporting period[11] - Anhui Wanbei Coal Electricity Group Co., Ltd. holds 54.9% of the shares, with 270,000,000 shares pledged[11] Inventory and Receivables - Inventory at the end of the period was 33,405.96 million yuan, up 54.01% from the beginning of the year, mainly due to an increase in coal stock[15] - Other receivables increased to 15,503.09 million yuan, a rise of 67.61% from the beginning of the year, primarily due to increased freight advances[14] - Prepayments at the end of the period amounted to 8,712.72 million yuan, representing an 80.84% increase, mainly due to higher advance payments for material purchases[14] - Accounts receivable increased to ¥2,087,305,621.63 from ¥1,629,093,841.62, showing a growth of 28.1% year-over-year[29] Taxation - The company reported a significant increase in tax expenses, which reached 4,384.74 million yuan, up 91.39% year-on-year, due to adjustments in tax accounting and increased sales revenue[17]

2016 年年度报告 公司代码：600971 公司简称：恒源煤电 安徽恒源煤电股份有限公司 2016 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 公司于2017年4月5日召开六届九次董事会审议通过了《2016年度利润分配预案》，公司2016 年度实现归属于上市公司股东的净利润35,286,631.23元，其中母公司实现净利润50,681,911.86 元，加上滚存的未分配利润，截止2016年末经审计可供股东分配的利润为1,648,395,618.98元。 公司2016年度利润分配预案为：公司拟不进行利润分配，也不进行资本公积金转增股本。 六、 前瞻性陈述的风险声明 √适用 □不适用 本年度报告中有关未来计划等前瞻性陈述，不构成本公司对投资者的实质性承诺，请投资者 注意投资风险。 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 √适用 □不适用 受宏观经济增速放缓、市场供需变化等因素影响，公司主要产品煤炭价格存在波动风险，对公司 业绩影响较大；煤炭开采为地下作业，存在着发生水、火、瓦斯、 ...

2016 年第三季度报告 公司代码：600971 公司简称：恒源煤电 安徽恒源煤电股份有限公司 2016 年第三季度报告 1 / 23 | 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 | 7 | | 四、 | 附录 | 10 | 2016 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 公司全体董事出席董事会审议季度报告。 1.3 公司负责人邓西清、主管会计工作负责人朱四一、会计机构负责人（会计主管人员）朱四一 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 3 / 23 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 13,759,902,989.60 12,972,642,397.44 6.07 ...

Financial Performance - The company's operating revenue for the first half of 2016 was approximately ¥1.85 billion, a decrease of 15.35% compared to ¥2.19 billion in the same period last year[15]. - The net profit attributable to shareholders was approximately ¥56.79 million, a significant recovery from a loss of ¥542.15 million in the previous year[15]. - The basic earnings per share for the first half of 2016 was ¥0.06, a recovery from a loss of ¥0.54 per share in the same period last year[16]. - The company achieved operating revenue of CNY 1,853,003,184.44, a decrease of 15.35% year-on-year[24]. - Net profit reached CNY 56,792,700, marking a turnaround from loss to profit, with earnings per share of CNY 0.06[22]. - Operating profit for the current period is ¥36,694,925.10, a significant improvement from a loss of ¥552,427,896.54 in the previous period[73]. - Net profit for the current period is ¥61,134,765.17, compared to a net loss of ¥534,496,988.06 in the previous period[74]. Cash Flow and Liquidity - The net cash flow from operating activities increased by 686.41% to approximately ¥1.15 billion, compared to ¥146.66 million in the same period last year[15]. - The company reported a total cash inflow from financing activities of CNY 1,307,500,000.00, compared to CNY 800,000,000.00 in the prior year, reflecting a 63% increase[81]. - The total cash outflow from financing activities was CNY 1,579,090,748.67, leading to a net cash flow of CNY -271,590,748.67, compared to a positive net cash flow of CNY 133,535,302.65 in the previous year[79]. - The company's cash and cash equivalents increased to ¥1,953,090,008.17 from ¥1,274,862,356.87, showing a growth of approximately 53.2%[66]. - Cash and cash equivalents at the end of the period reached CNY 1,916,591,916.20, up from CNY 940,000,113.52 at the end of the previous period, indicating a growth of approximately 103%[80]. Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥12.95 billion, a slight decrease of 0.17% from ¥12.97 billion at the end of the previous year[15]. - The net assets attributable to shareholders increased by 4.36% to approximately ¥5.78 billion, compared to ¥5.54 billion at the end of the previous year[15]. - Total liabilities decreased from CNY 7,248,570,164.94 to CNY 7,046,742,922.41, a decline of about 2.77%[67]. - Current liabilities decreased from CNY 4,610,027,776.06 to CNY 4,492,247,448.64, a reduction of about 2.55%[67]. - Non-current liabilities decreased from CNY 2,638,542,388.88 to CNY 2,554,495,473.77, a decrease of approximately 3.19%[67]. Operational Efficiency - Operating costs decreased by 37.98% to CNY 1,472,890,349.52 due to enhanced cost control measures[24]. - The company faced significant challenges due to the overall economic downturn and excess supply in the coal industry, but implemented measures to improve operational efficiency[21]. - The company emphasized a strategy focused on safety and stable development amidst the industry's recovery and ongoing market pressures[21]. Shareholder Information - The total number of shareholders as of the end of the reporting period is 43,565[56]. - Anhui Wanbei Coal Electricity Group holds 549,615,741 shares, accounting for 54.96% of total shares, with 270,000,000 shares pledged[57]. - Central Huijin Asset Management holds 21,176,000 shares, representing 2.12% of total shares[57]. Accounting and Governance - The board of directors confirmed that the financial report is true, accurate, and complete, with no significant omissions or misleading statements[3]. - The company has not changed its accounting firm during the reporting period, continuing with Lixin Certified Public Accountants for the 2016 financial audit[51]. - There are no discrepancies between the company's governance practices and the requirements set forth by the Company Law and the China Securities Regulatory Commission[53]. - The company has not reported any penalties or rectifications involving its directors, supervisors, senior management, or major shareholders during the reporting period[52]. Market Strategy and Future Plans - The company plans to actively respond to market changes and strengthen management to ensure the completion of the annual business plan[25]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[93]. - The company aims to enhance shareholder value through strategic asset acquisitions and capital management initiatives[94].

2015 年年度报告 公司代码：600971 公司简称：恒源煤电 安徽恒源煤电股份有限公司 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 公司于2016年3月25日召开五届十九次董事会审议通过了《2015年度利润分配预案》，公司2015 年度实现归属于上市公司股东的净利润-1,383,291,468.63元，其中母公司实现净利润 -1,378,550,841.84元，加上滚存的未分配利润，截止2015年末经审计可供股东分配的利润为 1,526,329,357.61元。公司2015年度利润分配预案为：公司拟不进行利润分配，也不进行资本公 积金转增股本。 六、 前瞻性陈述的风险声明 本年度报告中有关未来计划等前瞻性陈述，不构成本公司对投资者的实质性承诺，请投资者 注意投资风险。 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 否 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 无 十、 其他 无 1 / 122 一、 本公司董事会、监事会及董事、监事、高级管理人员保证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 ...

2016 年第一季度报告 一、 重要提示 公司代码：600971 公司简称：恒源煤电 安徽恒源煤电股份有限公司 2016 年第一季度报告 1 / 19 | 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 | 5 | | 四、 | 附录 | 8 | 1.1 公司董事会、监事会及董事、监事、高级管理人员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 公司全体董事出席董事会审议季度报告。 1.3 公司负责人邓西清、主管会计工作负责人孙夕仁及会计机构负责人（会计主管人员）朱四一 保证季度报告中财务报表的真实、准确、完整。 2016 年第一季度报告 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 | 13,084,393,93 ...