华银电力(600744) - 2014 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter was CNY 1,510,136,477.97, a decrease of 17.48% year-on-year[11] - Net profit attributable to shareholders was a loss of CNY 21,692,598.61, compared to a loss of CNY 62,120,768.83 in the same period last year[11] - Total operating revenue for the first quarter of 2014 was CNY 1,510,136,477.97, a decrease of 17.5% compared to CNY 1,830,126,911.38 in the same period last year[24] - Total operating costs for the first quarter of 2014 were CNY 1,541,573,648.64, down 19.0% from CNY 1,903,633,619.55 year-on-year[24] - Net profit for the first quarter of 2014 was CNY 15,668,416.83, compared to a net loss of CNY 29,990,792.64 in the previous year, indicating a significant turnaround[27] - The company reported a total comprehensive income of CNY 15,668,416.83, a significant recovery from a loss of CNY 29,990,792.64 in the previous year[27] - The basic and diluted earnings per share for the first quarter were both CNY -0.0305, showing improvement from CNY -0.0873 in the same period last year[27] Cash Flow - Net cash flow from operating activities increased by 64.88% year-on-year, reaching CNY 521,563,073.99[11] - The company reported a net cash flow from operating activities of CNY 521,563,073.99, an increase from CNY 316,337,851.46 in the same period last year[30] - Total cash inflow from operating activities was CNY 2,050,741,024.74, down from CNY 2,555,637,301.14 in the previous year[30] - The company incurred a total of CNY 1,143,731,048.66 in cash outflows from financing activities, compared to CNY 913,234,309.58 in the same period last year[30] - The ending cash and cash equivalents balance was CNY 350,585,508.81, down from CNY 448,432,872.22 at the end of the previous year[30] - Net cash flow from operating activities was 475,183,906.67 CNY, a significant increase from 133,017,501.97 CNY in the previous period[33] - Total cash inflow from financing activities was 801,000,000.00 CNY, compared to 1,140,000,000.00 CNY previously[33] - Cash outflow from financing activities totaled 1,133,861,159.70 CNY, up from 894,075,516.11 CNY in the prior period[33] - The net cash flow from financing activities was -332,861,159.70 CNY, contrasting with a positive 245,924,483.89 CNY in the previous period[33] - Cash inflow from investment activities was 2,497,741.92 CNY, compared to 3,519,982.76 CNY previously[33] - Cash outflow for investment activities was 141,223,754.67 CNY, a decrease from 258,194,420.25 CNY in the prior period[33] - The net cash flow from investment activities was -138,726,012.75 CNY, compared to -254,674,437.49 CNY previously[33] - The company experienced a net increase in cash and cash equivalents of 3,596,734.22 CNY, down from 124,267,548.37 CNY in the previous period[33] - The company’s initial cash and cash equivalents balance was 166,383,691.41 CNY, compared to 110,879,019.01 CNY previously[33] Assets and Liabilities - Total assets decreased by 0.41% compared to the end of the previous year, amounting to CNY 16,482,548,663.03[11] - Non-current assets totaled CNY 12,809,102,852.14, slightly up from CNY 12,801,999,002.88 at the beginning of the year[18] - Total assets amounted to CNY 16,482,548,663.03, compared to CNY 16,549,906,271.63 at the start of the year[19] - Total liabilities were CNY 14,534,402,559.25, a decrease from CNY 14,583,906,182.06 at the beginning of the year[19] - Current liabilities totaled CNY 6,551,794,903.26, down from CNY 6,629,827,234.34 at the start of the year[22] - Long-term borrowings stood at CNY 7,267,857,500.00, slightly increased from CNY 7,238,357,500.00 at the beginning of the year[19] - The company's equity attributable to shareholders was CNY 1,450,945,966.54, compared to CNY 1,451,138,565.15 at the start of the year[19] - Cash and cash equivalents decreased to CNY 295,980,425.63 from CNY 314,383,691.41 at the beginning of the year[20] - Inventory decreased by 30.24% compared to the beginning of the year, reflecting a shift in the coal market to a buyer's market[15] - Inventory decreased to CNY 125,967,057.38 from CNY 186,529,476.60 at the beginning of the year[21] - Accounts receivable at the end of the period amounted to CNY 1,074,434,113.58, down from CNY 1,218,293,880.72 at the beginning of the year[17] Shareholder Information - The number of shareholders totaled 87,981, with the largest shareholder, China Datang Corporation, holding 33.34% of shares[12] - The company has not yet fulfilled its commitment regarding the integration of power assets in Hunan by the controlling shareholder, China Datang Group[15] Future Outlook - The company expects a continued net loss in the next reporting period due to reduced electricity sales during the wet season[16] - Prepayments increased by 61.04% compared to the beginning of the year, mainly due to an increase in fuel prepayments[15]