2015-04-28 16:00Financial Performance - Operating revenue fell by 44.12% to CNY 8,439,899,000 year-on-year[6] - Net profit attributable to shareholders decreased by 17.74% to CNY 217,844,000[6] - Basic and diluted earnings per share decreased by 33.64% to CNY 0.0357[6] - Total revenue for Q1 2015 was 8,439,899 thousand RMB, a decrease of 44.2% compared to 15,102,662 thousand RMB in the same period last year[42] - Operating profit for Q1 2015 was 190,879 thousand RMB, compared to a loss of 123,835 thousand RMB in Q1 2014[42] - The company reported a total comprehensive loss of 1,051,749 thousand RMB for Q1 2015, compared to a comprehensive income of 1,401,783 thousand RMB in Q1 2014[42] Cash Flow - Net cash flow from operating activities showed a significant decline, with a net outflow of CNY 3,592,589,000 compared to a net inflow of CNY 747,074,000 in the same period last year, representing a change of 380.89%[6] - The net cash flow from operating activities was -3,592,589 thousand RMB, a significant decrease compared to -747,074 thousand RMB in the previous period[46] - Cash inflow from operating activities totaled 10,014,820 thousand RMB, down from 17,311,240 thousand RMB year-over-year[46] - Cash outflow from operating activities reached 13,607,409 thousand RMB, compared to 18,058,314 thousand RMB in the prior period[46] - The net cash flow from investing activities was -494,209 thousand RMB, a decline from -1,369,714 thousand RMB in the previous year[46] - Cash inflow from investing activities was 147,087 thousand RMB, down from 887,750 thousand RMB year-over-year[46] - Cash outflow from investing activities totaled 641,296 thousand RMB, compared to 2,257,464 thousand RMB in the prior period[46] - The net cash flow from financing activities was -1,265,339 thousand RMB, a decrease from 7,978,664 thousand RMB in the previous year[46] - Cash inflow from financing activities was 5,804,980 thousand RMB, down from 12,889,674 thousand RMB year-over-year[46] - The ending balance of cash and cash equivalents was 14,995,318 thousand RMB, compared to 16,958,030 thousand RMB in the previous period[46] - The company experienced a net decrease in cash and cash equivalents of -5,211,962 thousand RMB, contrasting with an increase of 5,992,363 thousand RMB in the prior year[46] Assets and Liabilities - Total assets decreased by 3.57% to CNY 126,455,775,000 compared to the end of the previous year[6] - The company's current assets totaled CNY 33,427,044,000, down from CNY 36,884,268,000, indicating a decrease of about 9.5%[36] - Cash and cash equivalents decreased to CNY 15,314,114,000 from CNY 20,526,075,000, representing a decline of approximately 25.5%[36] - Total liabilities decreased to CNY 84,441,645,000 from CNY 87,495,747,000, a reduction of about 3.1%[37] - The company's equity attributable to shareholders decreased to CNY 37,818,601,000 from CNY 39,198,678,000, reflecting a decline of approximately 3.5%[37] Production and Sales - In Q1 2015, the company's raw coal production was 16.726 million tons, a decrease of 4.96% compared to 2014[13] - The company's total sales of commercial coal in Q1 2015 were 18.406 million tons, down 31.05% year-on-year[13] - The company's total commercial coal production in Q1 2015 was 15.386 million tons, a decrease of 5.69% from 16.314 million tons in Q1 2014[15] - The company's electricity generation in Q1 2015 was 61.730 million kWh, representing a 105.49% increase year-on-year[13] - The company's railway freight volume in Q1 2015 was 3.185 million tons, down 31.87% from the previous year[13] Costs and Expenses - The coal sales cost for Q1 2015 was 4.9014 billion yuan, a decrease of 56.4% or 6.3468 billion yuan compared to the previous year[18] - Operating costs for Q1 2015 were 6,072,899 thousand RMB, down 51.47% year-on-year, mainly due to a decrease in coal sales costs by 197.53 million RMB[27] - The company's total coal business sales cost was 9.601 billion CNY, a year-on-year decrease of 13.535 billion CNY or 58.5%[19] - The sales cost per ton of coal was 134.66 CNY, down 128.50 CNY or 48.8% year-on-year[19] Shareholder Information - The total number of shareholders reached 87,409, indicating a stable shareholder base[8] - Yanzhou Coal Mining Group Co., Ltd. remains the largest shareholder, holding 52.86% of the shares[8] Legal and Compliance - The company is involved in ongoing arbitration with Shanxi Jinhui Coal Chemical Co., Ltd. regarding a contract dispute, claiming compensation of 798.8 million RMB[28] - The company is facing a lawsuit from CITIC Dazhi Fuel Co., Ltd. for alleged breach of a coal sales contract, with a claim of 163.6 million RMB[30] Future Plans - The company plans to continue cost control measures and enhance production efficiency to mitigate the impact of declining coal prices[18] - The company plans to focus on market expansion and new product development in the upcoming quarters to enhance revenue streams[42]