上海电力(600021) - 2018 Q1 - 季度财报

Financial Performance - Revenue for the period reached CNY 5.66 billion, a 21.31% increase from CNY 4.67 billion in the same period last year[5] - Net profit attributable to shareholders decreased by 31.80% to CNY 87.10 million compared to CNY 127.72 million in the previous year[5] - Basic earnings per share decreased by 31.89% to CNY 0.0361 from CNY 0.0530 in the same period last year[7] - The company's net profit attributable to shareholders decreased by 31.8%, and basic earnings per share fell by 31.89%, primarily due to the rise in coal prices impacting the profitability of coal-fired power plants[15] - The net profit for Q1 2018 reached CNY 243,751,693.73, a slight increase from CNY 240,270,098.69 in Q1 2017[27] - The net profit for Q1 2018 was a loss of approximately ¥149.22 million, compared to a loss of ¥72.20 million in Q1 2017, indicating a worsening performance[30] - Other comprehensive income for Q1 2018 showed a net loss of CNY 161,885,911.55, compared to a loss of CNY 56,656,379.20 in Q1 2017[27] Cash Flow - Operating cash flow increased by 41.96% to CNY 682.18 million year-on-year[5] - The net cash flow from operating activities increased by 38.85%, mainly due to increased electricity revenue from Jiangsu Electric Power[14] - Cash flow from operating activities netted at $253,205,005.02, a significant improvement from a loss of $13,948,342.22 in the previous year[34] - The cash flow from investing activities showed a net outflow of approximately ¥2.15 billion in Q1 2018, compared to a net outflow of ¥562.38 million in the previous year[32] - Cash inflow from financing activities reached $5,230,000,000.00, an increase from $4,550,000,000.00 in the previous year[34] - The ending balance of cash and cash equivalents stood at $76,151,514.89, up from $33,336,035.14 year-over-year[34] Assets and Liabilities - Total assets increased by 2.80% to CNY 83.18 billion compared to the end of the previous year[5] - Total liabilities increased to ¥63.75 billion from ¥61.69 billion, reflecting a growth of 3.4% year-over-year[21] - Current assets decreased to ¥11.37 billion from ¥10.26 billion, a decline of 10.3% year-over-year[20] - Non-current assets rose to ¥71.81 billion from ¥70.66 billion, an increase of 1.6% year-over-year[20] - Long-term borrowings increased to ¥17.60 billion from ¥16.02 billion, a rise of 9.9% year-over-year[21] - The company's total liabilities as of Q1 2018 amounted to CNY 19,584,450,465.58, compared to CNY 19,098,876,506.75 in the previous year[24] Shareholder Information - The number of shareholders reached 120,205 by the end of the reporting period[12] - The largest shareholder, State Power Investment Corporation, holds 49.41% of the shares[12] Investments and Acquisitions - The company plans to acquire 100% equity of Jiangsu Electric Power from its controlling shareholder, State Power Investment Corporation, and is in the process of raising matching funds for this transaction[16] - The company intends to acquire 66.40% of KE Company in Pakistan for a cash consideration of $1.77 billion, with potential additional payments of up to $27 million based on the company's performance[16] Operational Costs - Total operating costs for Q1 2018 were CNY 5,421,640,915.68, up 20.8% from CNY 4,488,615,159.75 in Q1 2017[26] - The total operating costs for Q1 2018 were approximately ¥1.39 billion, compared to ¥1.02 billion in Q1 2017, indicating increased operational expenses[30]