HDPI(SH:600027)2015-08-21 16:00Financial Performance - The company's total operating revenue for the first half of 2015 was RMB 30.58 billion, a decrease of approximately 9.48% compared to the same period last year[18]. - The net profit attributable to shareholders for the first half of 2015 was RMB 3.51 billion, an increase of 30.89% year-on-year[18]. - The basic earnings per share for the first half of 2015 was RMB 0.398, up 9.64% from RMB 0.363 in the same period last year[17]. - The company's net cash flow from operating activities was RMB 14.74 billion, representing a 23.00% increase compared to the previous year[18]. - The company's operating revenue for the first half of 2015 was CNY 30,580,631, a decrease of 9.48% compared to CNY 33,784,430 in the same period last year[45]. - Operating costs decreased by 17.42% to CNY 21,019,731 from CNY 25,455,111 year-on-year[45]. - Net profit for the period was CNY 4,341,221, an increase of 26.7% from CNY 3,428,146 in the previous year[116]. - The company's total comprehensive income for the first half of 2015 was 4,316,616 thousand RMB, showing strong performance compared to the previous period[128]. Assets and Liabilities - The total assets at the end of the reporting period were RMB 186.98 billion, a slight decrease of 0.68% from the end of the previous year[18]. - The total equity attributable to shareholders of the parent company rose to CNY 24,625,812 from CNY 22,654,624, an increase of 8.7%[114]. - Current liabilities decreased to CNY 33,331,268 from CNY 34,708,876, a reduction of 4.0%[114]. - Long-term borrowings increased to CNY 6,357,726 from CNY 3,554,926, indicating a rise of 78.5%[114]. - The company's total assets as of June 30, 2015, amounted to CNY 71,450,583, up from CNY 68,051,073 at the beginning of the year[114]. Cash Flow - The company's cash flow from financing activities showed a net outflow of CNY 7,073,719, compared to a net outflow of CNY 898,849 in the same period last year[120]. - Cash and cash equivalents at the end of the period were CNY 1,349,118, down from CNY 1,559,719, a decrease of 13.5%[114]. - The cash outflow from investing activities was CNY 7,443,904, a decrease of 17.3% from CNY 8,990,136 in the first half of 2014[120]. Investment and Projects - The company has ongoing wind and solar power projects, with a total investment of RMB 384.56 million across various projects[65]. - The company has established new subsidiaries, which contributed to changes in the scope of consolidated financial statements[135]. - The company plans to raise up to CNY 7.147 billion through a private placement to fund new projects and replenish working capital[47]. Corporate Governance - The company has established a robust corporate governance structure, ensuring the protection of shareholder interests and maintaining a strong market reputation[56]. - The board of directors and supervisory board underwent adjustments to enhance governance and oversight capabilities[94]. - The company has strengthened investor communication and protection measures during the reporting period[95]. Shareholder Information - The total number of shares held by the controlling shareholder, China Huadian, is 4,406,923,853, representing 50.04% of the total share capital[100]. - The company plans to distribute a dividend of RMB 0.27 per share, totaling approximately RMB 2.378 billion, which accounts for 40.29% of the net profit attributable to the parent company for 2014[66]. - The top ten shareholders include China Huadian Group with 50.04%, Hong Kong Central Clearing Limited with 19.43%, and Shandong International Trust Co., Ltd. with 9.09%[104]. Financial Reporting and Compliance - The company's financial statements are prepared based on the going concern assumption, indicating no significant doubts about its ability to continue operations[139]. - The company ensures compliance with legal and regulatory requirements for information disclosure[95]. - The company's financial reporting adheres to the requirements of the Accounting Standards for Business Enterprises, ensuring transparency and accuracy[140]. Operational Performance - The company completed a total power generation of 815.26 billion kWh in the first half of 2015, a decrease of about 7.29% year-on-year[33]. - The average utilization hours of power generation units for the first half of the year were 2,132 hours, with coal-fired generation units achieving 2,399 hours[33]. - The company operates 49 controlled power plants with a total installed capacity of 43,560.3 MW, including 39,171 MW from coal and gas-fired plants[34].