2017-04-25 16:00Financial Performance - Operating revenue increased by 7.54% to CNY 37.58 billion compared to the same period last year[6] - Net profit attributable to shareholders decreased by 86.97% to CNY 651.98 million compared to the same period last year[6] - The company's earnings per share (EPS) decreased to ¥0.04 from ¥0.33 in the previous period[26] - Net profit for the current period was ¥969.90 million, a decrease of 85.8% from ¥6.87 billion in the previous period[25] - The total comprehensive income for the current period was ¥1.19 billion, a decrease of 83.8% from ¥7.32 billion in the previous period[26] - Investment income decreased to ¥111.99 million from ¥1.51 billion in the previous period, reflecting a decline of 92.6%[25] Assets and Liabilities - Total assets decreased by 1.14% to CNY 375.54 billion compared to the end of the previous year[6] - The company's total liabilities increased to CNY 282.47 billion from CNY 272.57 billion at the beginning of the year, reflecting a rise in short-term borrowings[19] - The total current liabilities reached CNY 159.58 billion, compared to CNY 156.17 billion at the beginning of the year, showing an increase in short-term financial obligations[19] - Long-term borrowings rose significantly to CNY 103.46 billion from CNY 96.91 billion, indicating increased leverage[19] - The total current assets decreased to CNY 45.36 billion from CNY 48.66 billion, indicating a reduction in short-term financial resources[18] - The total non-current assets were CNY 330.18 billion, slightly down from CNY 331.22 billion, indicating stability in long-term investments[18] Cash Flow - Net cash flow from operating activities decreased by 46.96% to CNY 7.65 billion compared to the same period last year[6] - Cash flow from operating activities generated ¥7.65 billion, down 47.3% from ¥14.42 billion in the previous period[28] - Cash inflow from operating activities totaled $11,624,807,507, down from $12,140,756,086, indicating a decrease of about 4.3%[33] - Cash outflow from investing activities surged to $11,420,342,351 compared to $1,435,898,050 in the previous period, marking an increase of approximately 694.5%[33] - Net cash flow from financing activities improved to $9,553,588,097, contrasting with a negative cash flow of $(4,973,914,337) in the prior period[33] - Total cash and cash equivalents at the end of the period decreased to $2,088,747,844 from $3,321,611,895, a decline of about 37.1%[33] Shareholder Information - Net assets attributable to shareholders decreased by 16.54% to CNY 73.84 billion compared to the end of the previous year[6] - The company's equity attributable to shareholders decreased to CNY 73.84 billion from CNY 88.48 billion, reflecting a decline in retained earnings[19] - The number of shareholders reached 98,371 at the end of the reporting period[9] Operational Costs - Operating costs increased by 38.55% due to rising fuel procurement prices[12] - Total operating costs increased significantly to ¥36.33 billion, up 32.3% from ¥27.44 billion in the previous period[25] Acquisitions - The company acquired 80% of Shandong Power, 100% of Jilin Power, 100% of Heilongjiang Power, and 90% of Zhongyuan Gas Power from China Huaneng Group for CNY 15.11 billion[13] Other Financial Metrics - The weighted average return on equity decreased by 4.86 percentage points to 0.89%[6] - The company reported a significant increase in other payables, which rose to CNY 23.59 billion from CNY 20.61 billion, suggesting higher operational liabilities[19] - Cash and cash equivalents at the end of the reporting period were CNY 11.14 billion, up from CNY 10.21 billion at the beginning of the year, indicating improved liquidity[18] - The company's inventory decreased to CNY 6.97 billion from CNY 8.05 billion, reflecting improved inventory management[18] - Cash inflow from financing activities reached $45,459,964,709, significantly higher than $16,210,238,903 in the previous period, reflecting an increase of approximately 180.0%[33] - Cash outflow for purchasing goods and services rose to $9,164,096,635 from $5,938,914,826, an increase of about 54.0%[33] - Cash received from investment recoveries dropped to $656,000,000 from $2,960,100,000, a decrease of approximately 77.8%[33] - Cash paid for fixed assets and other long-term assets was $472,745,835, down from $957,634,050, indicating a decrease of about 50.7%[33] - The company experienced a negative impact of $(23,951) from exchange rate fluctuations on cash and cash equivalents[33]