乐山电力(600644) - 2015 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter was CNY 337,800,546.64, a decrease of 2.96% year-on-year[7] - Net profit attributable to shareholders increased by 314.49% to CNY 10,173,918.46 compared to a loss of CNY 4,743,406.31 in the same period last year[7] - The company reported a basic and diluted earnings per share of CNY 0.023, down 28.13% from CNY 0.032 in the previous year[7] - The company’s operating profit increased by 317.35% to CNY 12,252,952.57, reflecting improved financial performance[13] - Net profit for Q1 2015 reached 13,755,324.88, representing a year-on-year increase of 179.27% due to higher total profit and reduced income tax expenses[14] - Operating profit for Q1 2015 was CNY 12,252,952.57, compared to a loss of CNY 5,637,320.13 in Q1 2014[25] - Net profit for Q1 2015 was CNY 13,755,324.88, a significant recovery from a net loss of CNY 17,352,359.17 in the previous year[25] - The company reported a net loss of CNY 2,070,141.21 in Q1 2015, compared to a net profit of CNY 30,407,136.29 in the same period last year, indicating a significant decline in profitability[30] - The company reported a total comprehensive loss of CNY 2,070,141.21 for the quarter, mirroring the net loss figure[30] Cash Flow and Liquidity - Cash flow from operating activities showed a significant decline of 273.96%, resulting in a net outflow of CNY 36,117,744.09[7] - Operating cash flow for Q1 2015 was -36,117,744.09, a decrease of 273.96% compared to Q1 2014, primarily due to increased cash payments for goods and performance bonuses[14] - Cash and cash equivalents at the end of the period stood at CNY 413,186,352.36, down from CNY 937,669,845.38 at the beginning of the quarter, representing a decrease of approximately 56%[34] - The company’s cash and cash equivalents decreased by 55.93% to CNY 413,186,352.36 primarily due to repayment of bank loans[13] - The company raised CNY 55,020,000.00 from borrowings during the quarter, a significant decrease from CNY 520,000,000.00 raised in the previous year[34] - The total cash outflow from financing activities was CNY 500,498,086.78, compared to CNY 451,943,212.08 in the same period last year, indicating increased financial strain[34] - The company’s operating cash inflow decreased to CNY 375,924,685.93 from CNY 414,341,085.96 in the previous year, reflecting a decline of approximately 9.2%[33] Assets and Liabilities - Total assets decreased by 18.23% to CNY 2,176,567,585.52 compared to the end of the previous year[7] - Total assets as of March 31, 2015, amounted to 2,176,567,585.52, down from 2,661,710,078.36 at the beginning of the year[19] - Current assets decreased to 601,171,199.54 from 1,110,004,102.89 at the beginning of the year[17] - Total liabilities decreased to 1,176,622,740.38 from 1,675,520,558.10 at the beginning of the year[20] - Current liabilities decreased to 391,438,300.33 from 667,144,127.07 at the beginning of the year, indicating improved liquidity[23] - The company's total assets decreased to CNY 1,686,886,927.30 from CNY 1,910,662,895.25 at the beginning of the year[22] - Long-term borrowings increased to CNY 157,800,000.00 from CNY 103,800,000.00, reflecting a strategy to leverage for growth[23] - The total equity attributable to shareholders decreased slightly to CNY 641,755,156.10 from CNY 643,825,297.31[23] Shareholder Information - The number of shareholders reached 41,616, with the largest shareholder holding 19.24% of the shares[10] - The company has committed to a 36-month lock-up period for shares related to refinancing, ensuring no trading or transfer during this time[15] Investment Performance - Investment income dropped by 99.75% to CNY 47,611.88, compared to CNY 19,344,893.08 in the previous year[13] - Investment cash flow for Q1 2015 was -42,887,662.15, a decline of 145.12% year-on-year, attributed to increased cash payments for fixed asset purchases[14] - Investment activities resulted in a net cash outflow of CNY -42,887,662.15, worsening from CNY -17,496,501.10 in Q1 2014[33] Operating Costs - Total operating costs decreased by 12.7% to CNY 325,595,205.95 from CNY 373,095,521.95 year-on-year[25] - The company incurred total operating expenses of CNY 412,042,430.02, which is an increase compared to CNY 393,578,556.09 in the same quarter last year[33] - Total revenue from sales of goods and services was CNY 361,619,530.90, down from CNY 378,715,517.94 in the previous year, reflecting a decline of approximately 4.3%[32]