JSNE(603693)2024-04-24 09:34Financial Performance - The company's operating revenue for Q1 2024 was RMB 666,712,636.67, representing a year-on-year increase of 20.24%[3] - The net profit attributable to shareholders for Q1 2024 was RMB 250,467,682.63, reflecting a year-on-year growth of 41.95%[3] - Basic earnings per share for Q1 2024 were RMB 0.28, up 40.00% compared to the same period last year[3] - The company reported a comprehensive income total of 309.32 million RMB for Q1 2024, up from 208.25 million RMB in the same period last year[32] - The net profit for Q1 2024 reached CNY 51,706,482.92, compared to CNY 34,373,812.39 in Q1 2023, indicating a year-over-year increase of about 50%[39] Cash Flow and Liquidity - The net cash flow from operating activities increased by 33.88% year-on-year, amounting to RMB 362,670,130.95[3] - The company's operating cash flow for Q1 2024 was CNY 362,670,130.95, an increase of 34% compared to CNY 270,896,096.29 in Q1 2023[34] - The cash flow from operating activities increased to CNY 539,712,868.05 in Q1 2024, compared to CNY 435,030,827.93 in Q1 2023, marking a growth of about 24%[34] - The net cash flow from operating activities for Q1 2024 was -8,878,942.00, an improvement from -10,981,023.55 in Q1 2023, indicating a reduction in cash outflow[40] - The total cash and cash equivalents at the end of Q1 2024 stood at 320,998,524.80, down from 426,658,215.47 at the end of Q1 2023, indicating a liquidity contraction[40] Asset Management - Total assets at the end of Q1 2024 reached RMB 16,826,263,681.53, a 2.32% increase from the end of the previous year[17] - The company's equity attributable to shareholders was RMB 6,670,197,636.24, marking a 3.97% increase year-on-year[17] - The company reported a total asset value of 16,826,263,681.53, an increase from 16,444,138,498.92 year-over-year, suggesting growth in asset accumulation[50] - Non-current assets totaled CNY 3,724,467,391.62, an increase from CNY 3,496,081,251.03, indicating a growth of about 6.52%[60] - The total equity of the company reached CNY 5,168,367,707.63, up from CNY 5,116,661,224.71, representing an increase of about 1.01%[61] Power Generation - Wind power generation in Q1 2024 was 10.59 billion kWh, a 22.71% increase compared to 8.63 billion kWh in Q1 2023[10] - The company's offshore wind power generation increased by 61.35% year-on-year, reaching 3.34 billion kWh in Q1 2024[10] - The photovoltaic power generation for Q1 2024 was 0.51 billion kWh, representing an 82.14% increase from 0.28 billion kWh in Q1 2023[10] - The total power generation of the company's controlled renewable energy projects in Q1 2024 reached 1.111 billion kWh, a year-on-year increase of 24.13%[24] - The on-grid electricity volume was 1.066 billion kWh, up 22.67% year-on-year[24] Investment and Financing - The company reported investment income of CNY 51,353,095.91 in Q1 2024, up from CNY 43,187,932.09 in Q1 2023, representing an increase of approximately 19%[39] - Investment activities resulted in a net cash outflow of CNY 122,377,192.92 in Q1 2024, a decrease from CNY 162,718,461.75 in Q1 2023, showing improved cash management[35] - The company received CNY 43,980,000.00 from minority shareholders in Q1 2024, significantly higher than CNY 12,391,864.01 in Q1 2023[35] - The financial expenses for Q1 2024 were CNY 1,559,317.36, compared to a financial income of CNY 1,384,758.21 in Q1 2023, indicating a shift in financial performance[38] - The total liabilities were not specified, but the company had a short-term borrowing of 2,000,000.00 during the quarter, indicating ongoing financing activities[40] Operational Efficiency - The total operating costs were 343.19 million RMB, slightly up from 336.77 million RMB in the previous year[30] - The company's heat supply from biomass projects decreased to 105,700 tons, a decline of 24.12% year-on-year[24] - The cash outflow from operating activities totaled 9,980,113.47, a decrease from 11,556,104.87 in the previous year, reflecting improved operational efficiency[40] - The company's inventory decreased to 18,459,886.51 from 20,544,228.69, suggesting improved inventory management[50] - The company's cash inflow from other operating activities was 1,101,171.47, a significant increase from 575,081.32, indicating enhanced operational cash generation[40] Accounting and Standards - The company is not applying new accounting standards or interpretations for the first time in 2024[69]