黔源电力(002039) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 260,832,140.16, an increase of 18.77% compared to CNY 219,611,699.28 in the same period last year[5] - The net profit attributable to shareholders was CNY 11,563,145.89, a significant turnaround from a loss of CNY 15,516,124.28 in the previous year, representing a growth of 174.52%[5] - The company's operating profit for the period was CNY 16,892,870.15, a significant improvement from a loss of CNY 24,378,357.27 in the previous year, reflecting a growth of 169.29%[7] - The total profit for the period was CNY 16,931,781.30, up 170.07% from a loss of CNY 24,163,949.28 in the same period last year[7] - Net profit for Q1 2024 was ¥12,706,257.29, compared to a net loss of ¥23,784,514.65 in Q1 2023, indicating a turnaround in profitability[19] - Basic and diluted earnings per share for Q1 2024 were both ¥0.0270, recovering from a loss of ¥0.0363 per share in Q1 2023[19] Cash Flow and Investments - The net cash flow from operating activities decreased by 62.02% to CNY 165,659,671.17, down from CNY 436,188,659.31 in the same period last year[5] - Operating cash inflow for Q1 2024 was CNY 303,109,599.01, a decrease of 44.4% compared to CNY 545,226,530.10 in the same period last year[20] - Cash outflow for investing activities totaled CNY 15,182,696.73, significantly lower than CNY 59,368,800.14 in Q1 2023[20] - Net cash flow from financing activities was -CNY 81,138,978.58, compared to -CNY 62,499,457.10 in the previous year, indicating increased cash outflow[21] - Cash and cash equivalents at the end of Q1 2024 stood at CNY 322,692,880.33, down from CNY 539,898,876.52 at the end of Q1 2023[21] - Cash outflow for dividend distribution and interest payments was CNY 65,332,538.72, down 16.4% from CNY 78,165,134.33 year-on-year[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 15,962,646,575.40, a slight decrease of 0.23% from CNY 15,999,498,655.28 at the end of the previous year[5] - Total liabilities decreased to ¥9,311,947,318.77 from ¥9,368,529,977.54 year-over-year[16] - The company's equity attributable to shareholders increased to ¥3,832,472,423.80 from ¥3,816,644,166.37 in the previous year[16] Accounts Receivable and Inventory - Accounts receivable increased by 62.10% to CNY 151,832,292.59 due to an increase in settled electricity volume[7] - The company reported a total of ¥2,942,762.10 in inventory, which increased from ¥1,823,263.42, indicating a growth of approximately 61.5%[14] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,576[9] - The total number of shares held by the top 10 shareholders includes China Huadian Group Co., Ltd. with 67,952,510 shares, accounting for a significant portion of the company's equity[10] Other Financial Metrics - The total current assets amounted to ¥545,389,758.30, up from ¥491,532,425.90, reflecting a growth of approximately 10.9%[14] - Long-term equity investments decreased slightly to ¥15,511,311.78 from ¥16,952,801.26, a decline of about 8.5%[14] - The company's fixed assets remained relatively stable at ¥14,784,223,721.03 compared to ¥14,863,703,157.90, showing a minor decrease of approximately 0.5%[14] - The total operating costs for Q1 2024 were ¥238,971,957.14, a decrease from ¥240,715,647.14 in the same quarter last year[17] - The company reported a decrease in financial expenses to ¥65,997,875.08 from ¥79,410,080.43 year-over-year[17] - Other comprehensive income after tax for Q1 2024 was ¥505,717.35, compared to no income in Q1 2023[19] Strategic Developments - The company has not reported any new strategies or significant market expansions during this quarter[13] - There were no updates on new product developments or technological advancements mentioned in the report[13] Accounting Standards - The company did not conduct an audit for the Q1 2024 report[22] - The company is implementing new accounting standards starting in 2024, which may affect future financial reporting[22]