HDECL(SH:600726)2018-04-25 16:00Financial Performance - Operating revenue increased by 12.43% to CNY 3,134,772,782.37 year-on-year[5] - Net profit attributable to shareholders decreased by 21.97% to CNY 194,688,005.14[5] - Basic and diluted earnings per share decreased by 30.77% to CNY 0.09[5] - Net profit decreased by 36.10% to ¥205,664,021.69, attributed to significant coal price increases impacting profitability[14] - Profit attributable to shareholders of the parent company fell by 30.66% to ¥181,099,684.35, reflecting similar challenges as net profit[14] - The company expects a cumulative net profit decrease of over 50% for the first half of 2018, mainly due to sharply rising fuel costs[15] - The net profit for Q1 2018 was CNY 122.76 million, slightly up from CNY 121.57 million in Q1 2017, indicating a year-over-year increase of approximately 0.98%[34] Assets and Liabilities - Total assets decreased by 0.46% to CNY 25,271,246,252.85 compared to the end of the previous year[5] - Current assets totaled ¥4,275,509,739.33, an increase from ¥4,087,086,932.89 at the beginning of the year[19] - Total liabilities decreased from ¥22,664,724,529.60 to ¥22,336,788,630.22[21] - Non-current assets amounted to ¥20,995,736,513.52, down from ¥21,301,912,196.53[20] - The company's total equity increased to CNY 2,608,196,048.52, up from CNY 2,485,437,287.82 in the previous period[25] Cash Flow - Cash flow from operating activities decreased significantly by 58.06% to CNY 149,470,138.65[5] - The cash flow from operating activities for Q1 2018 was CNY 149.47 million, down from CNY 356.42 million in the same quarter last year, showing a decline of approximately 58.1%[36] - The cash flow from investing activities resulted in a net outflow of CNY 440.08 million, compared to a net outflow of CNY 419.83 million in the previous year, indicating a slight increase in investment expenditures[36] - The cash flow from financing activities generated a net inflow of CNY 162.14 million, up from CNY 60.47 million in Q1 2017, representing an increase of approximately 168.5%[36] Expenses - Cash paid for employee compensation increased to ¥260,287,085.98 from ¥218,066,724.34, reflecting a rise of approximately 19.4%[40] - Management expenses increased by 51.43% to CNY 22,051,054.80[13] - Management expenses rose by 51.43% due to reclassification of depreciation and employee compensation from sales costs to management expenses[14] - Tax and additional fees increased by 74.94% to CNY 48,282,869.44[13] Investment Income - Investment income decreased by 116.17% due to losses from an associated company, Shenyang Jinshan Energy Co., Ltd.[14] - The company reported an investment income of CNY 2,127,666.99, recovering from a loss of CNY 6,052,605.02 in the same period last year[29] - The company received ¥5,110,342.48 in investment income, down from ¥12,886,600.00, representing a decline of about 60.3%[40] Revenue and Costs - Total operating costs for Q1 2018 were CNY 2,911,340,567.51, up 18.3% from CNY 2,461,519,050.69 in Q1 2017[29] - Total operating revenue for Q1 2018 was CNY 3,134,772,782.37, an increase of 12.4% compared to CNY 2,788,279,630.02 in the same period last year[28] - The total revenue for Q1 2018 was approximately CNY 3,034.69 million, an increase from CNY 2,723.10 million in the same period last year, representing a growth of about 11.45%[35] Cash and Cash Equivalents - The company's cash and cash equivalents decreased from ¥1,605,263,874.68 to ¥1,476,791,174.43[19] - The total cash and cash equivalents at the end of Q1 2018 were CNY 1,470.74 million, a decrease from CNY 1,091.52 million at the end of Q1 2017[36] - The ending balance of cash and cash equivalents was ¥982,308,044.66, up from ¥458,370,821.06, indicating a growth of approximately 114.3%[41]