国网英大(600517) - 2015 Q1 - 季度财报

Financial Performance - Operating revenue for the year-to-date was CNY 791,149,296.78, an increase of 23.52% year-on-year[9] - Net profit attributable to shareholders was CNY 21,085,695.86, a decrease of 55.68% compared to the same period last year[9] - The company's net profit attributable to the parent company for the reporting period was ¥21,085,695.85, a decrease of 55.68% compared to the same period last year, primarily due to revenue growth from low-margin trade and energy-saving income of ¥243 million, while traditional manufacturing revenue declined by 14.43%[17] - Net profit for Q1 2015 decreased to CNY 21,641,304.90, down 58.3% from CNY 51,901,403.01 in Q1 2014[31] - The total comprehensive income for the first quarter of 2015 was -14,451,273.96 RMB, compared to -12,308,133.67 RMB in the same period last year[35] Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,148,954,091.44, a decrease of 1.83% compared to the previous year[9] - The company's total assets as of March 31, 2015, were ¥5,148,954,091.44, a decrease from ¥5,244,803,442.60 at the beginning of the year[23] - The company's total liabilities as of March 31, 2015, were ¥2,629,433,151.89, down from ¥2,746,923,807.95 at the beginning of the year[24] - The company's total liabilities increased to CNY 592,768,113.99 from CNY 556,400,122.86, an increase of 6.5%[28] Cash Flow - Cash flow from operating activities was a net outflow of CNY 325,926,171.87, compared to a net outflow of CNY 260,458,510.92 in the previous year[9] - The company's cash flow from investing activities decreased by ¥37,302,074.11 compared to the previous year, primarily due to increased investment in construction projects[17] - Cash flow from financing activities increased by ¥75,733,877.58 year-on-year, mainly due to an increase in borrowings during the reporting period[17] - Cash inflow from operating activities was 734,429,859.91 RMB, an increase from 703,275,040.18 RMB year-on-year[37] - Cash outflow from operating activities totaled 1,060,356,031.78 RMB, compared to 963,733,551.10 RMB in the previous year[38] - The net cash flow from operating activities was -325,926,171.87 RMB, worsening from -260,458,510.92 RMB year-on-year[38] - Cash inflow from financing activities was 564,433,912.56 RMB, significantly higher than 46,159,050.68 RMB in the same period last year[38] - The net cash flow from financing activities was -17,048,130.43 RMB, an improvement from -92,782,008.01 RMB year-on-year[39] - The ending balance of cash and cash equivalents was 715,762,797.63 RMB, up from 425,010,759.89 RMB in the previous year[39] Shareholder Information - The number of shareholders at the end of the reporting period was 43,252[12] - The top shareholder, State Grid Electric Power Research Institute, held 316,493,448 shares, accounting for 25.43% of total shares[12] Operating Costs and Expenses - Operating costs for the reporting period amounted to ¥666,064,846.82, an increase of 33.49% year-on-year, mainly due to increased trading costs[16] - Financial expenses for the reporting period reached ¥11,668,351.99, a significant increase of 96.86% compared to the previous year, attributed to higher interest expenses from increased borrowings[16] - Deferred income tax liabilities at the end of the reporting period were ¥3,142,365.57, an increase of 42.93% year-on-year, mainly due to the acquisition of tradable greenhouse gas emission reductions[16] - The company reported a decrease in gross profit margin due to rising costs, impacting overall profitability[31] Investments and Projects - The balance of construction in progress increased by 37.83% to CNY 158,254,885.23, attributed to increased investments in projects[14] - The balance of long-term prepaid expenses increased by 120.25% to CNY 14,394,988.83, mainly due to increased startup costs[14] - The company is currently progressing with a major asset restructuring through a non-public offering to acquire assets held by its controlling shareholder, State Grid Electric Power Research Institute[18]