HDECL(SH:600726)2014-04-25 16:00Financial Performance - Net profit attributable to shareholders increased by 181.24% to CNY 295,340,970.53 compared to the same period last year[9] - Total profit for the current period increased by 136.78% to CNY 371,397,117.44 compared to CNY 156,855,212.19 in the previous period[16] - Net profit rose by 152.21% to CNY 345,645,377.01 from CNY 137,048,666.38 year-on-year[16] - Basic earnings per share increased by 200.00% to CNY 0.15[9] - Operating profit rose to ¥340,272,844.88 from ¥131,930,188.20, marking an increase of approximately 157.5%[29] Revenue and Cash Flow - Revenue decreased by 2.33% to CNY 2,870,620,739.18 compared to the same period last year[9] - Operating cash flow increased by 65.14% to CNY 875,057,036.87 compared to the same period last year[9] - Cash inflow from operating activities totaled CNY 1,985,373,330.03, down from CNY 2,152,311,237.85, indicating a decline in sales revenue[40] - Cash flow from operating activities generated ¥875,057,036.87, compared to ¥529,902,997.35, an increase of approximately 65%[36] Assets and Liabilities - Total assets increased by 2.38% to CNY 24,108,157,817.15 compared to the end of the previous year[9] - The total assets of the company amounted to CNY 24,108,157,817.15, an increase from CNY 23,548,414,921.22 at the beginning of the year[23] - Total liabilities slightly increased to ¥15,073,729,876.44 from ¥15,042,646,887.75, showing a marginal rise of about 0.21%[27] Shareholder Information - The total number of shareholders reached 215,845, with 142,579 holding A shares and 73,266 holding B shares[12] - The largest shareholder, China Huadian Corporation, holds 44.80% of the shares[11] Investment and Expenses - Investment income surged by 163.13% to CNY 1,275,482.70, primarily due to increased net profit from an associated company[15] - Operating expenses increased by 275.84% to CNY 64,988.19, mainly due to tax penalties incurred during the reporting period[16] - The company’s total operating costs decreased to ¥2,531,623,377.00 from ¥2,807,568,735.85, a reduction of about 9.8%[29] Cash Management - Cash and cash equivalents at the end of the period were CNY 2,642,563,511.23, up from CNY 2,339,261,246.07 at the beginning of the year[21] - The ending cash and cash equivalents balance increased to CNY 2,022,190,862.41 from CNY 1,509,147,992.78, reflecting a net increase of CNY 79,689,378.53[41] - The company raised CNY 1,655,000,000.00 through borrowings, a substantial increase from CNY 462,437,027.01 in the prior period, enhancing liquidity[37] Future Outlook - The company forecasts a slight profit for the first half of 2014, indicating a potential turnaround from previous losses[18] - The company has received approval for the expansion project of its wholly-owned power plant, indicating plans for market expansion[17]