TEC(SH:600780)2015-04-27 16:00Financial Performance - Net profit attributable to shareholders decreased by 26.34% to CNY 139,848,852.91 year-on-year[5] - Operating revenue declined by 12.43% to CNY 1,509,645,963.60 compared to the same period last year[5] - Basic earnings per share fell by 26.33% to CNY 0.1220[5] - The weighted average return on equity decreased by 1.64 percentage points to 3.17%[5] - Total operating revenue for the current period is CNY 1,509,645,963.60, a decrease of 12.4% from CNY 1,723,888,303.72 in the previous period[31] - Net profit for the current period is CNY 138,149,707.26, a decline of 28.7% compared to CNY 193,775,417.01 in the previous period[31] - The company's gross profit margin is approximately 13.0%, down from 14.9% in the previous period[31] - Basic and diluted earnings per share are both CNY 0.1220, down from CNY 0.1656 in the previous period[32] - The company reported a total profit of CNY 189,112,758.94, down 26.9% from CNY 258,618,141.52 in the previous period[31] Cash Flow - Net cash flow from operating activities decreased by 21.60% to CNY 181,484,822.52[5] - Cash flow from operating activities is CNY 181,484,822.52, a decrease of 21.6% from CNY 231,489,987.59 in the previous period[38] - The net cash flow from operating activities was -888,809.70 RMB, an improvement from -1,872,974.92 RMB in the previous period, indicating a reduction in operational losses[42] - Total cash and cash equivalents at the end of the period increased to 1,154,480,532.74 RMB, compared to 582,526,271.57 RMB in the previous period, reflecting a net increase of 219,637,376.83 RMB[39] - The cash outflow from investment activities totaled 368,804,031.00 RMB, with a net cash flow from investment activities of -366,101,779.50 RMB, worsening from -315,737,841.71 RMB in the previous period[39] - Cash inflow from financing activities amounted to 540,000,000.00 RMB, significantly higher than 339,320,000.00 RMB in the previous period, resulting in a net cash flow from financing activities of 404,254,333.81 RMB[39] - The company paid 101,000,000.00 RMB in debt repayments, a decrease from 475,000,000.00 RMB in the previous period, indicating a reduction in debt servicing[39] - The cash outflow for dividends and interest payments was 34,745,666.19 RMB, slightly lower than 35,414,094.59 RMB in the previous period[39] Assets and Liabilities - Total assets increased by 3.68% to CNY 8,649,156,975.69 compared to the end of the previous year[5] - Current assets increased to ¥1,867,314,304.45 from ¥1,528,120,396.41, representing a growth of approximately 22.2%[20] - Cash and cash equivalents rose to ¥1,154,480,532.74, up from ¥934,843,155.91, an increase of about 23.5%[20] - Accounts receivable increased to ¥455,801,105.63 from ¥328,300,525.46, reflecting a growth of approximately 38.8%[20] - Total liabilities decreased to ¥4,102,623,179.58 from ¥3,934,406,855.79, a reduction of about 4.3%[22] - The company's equity attributable to shareholders increased to ¥4,481,527,250.16 from ¥4,341,526,961.53, reflecting a growth of approximately 3.2%[22] - The company reported a total owner's equity of ¥4,546,533,796.11, up from ¥4,407,684,322.41, an increase of about 3.2%[22] Shareholder Information - The total number of shareholders reached 62,374 at the end of the reporting period[9] - The largest shareholder, Shanxi International Power Group Co., Ltd., holds 60.46% of the shares[9] Other Information - Non-recurring gains and losses totaled CNY 1,140,785.40 for the period[8] - The company has not undergone an audit for this quarterly report[4] - Accounts receivable increased compared to the beginning of the period mainly due to the increase in receivables from Sunshine Company and the Electric Power Company at the end of the reporting period[13] - Long-term borrowings increased compared to the beginning of the period mainly due to the increase in long-term bank borrowings by the Electric Power Company[13] - Investment income decreased compared to the same period last year mainly due to changes in the operating conditions of associated enterprises[13] - Other comprehensive income decreased compared to the same period last year mainly due to changes in the stock price of Bank of Communications held by the company[13] - Cash received from investment decreased compared to the same period last year mainly due to the receipt of minority shareholder investment in the previous year[14] - Cash paid for debt repayment decreased compared to the same period last year mainly due to higher bank loan repayments in the previous year[15] - The company committed to reducing related party transactions and ensuring fair operations based on market principles[16] - The company committed to maintaining the independence of its employees, assets, and operations[16] - The company assured that there are no undisclosed liabilities or guarantees related to the assets involved in the restructuring[16] - The company indicated that there may be significant changes in cumulative net profit compared to the same period last year[17] - Non-current assets decreased slightly to ¥6,781,842,671.24 from ¥6,813,970,781.79, a decline of about 0.5%[21] - Short-term borrowings decreased to ¥567,000,000.00 from ¥620,000,000.00, a decrease of approximately 8.5%[21] - Accounts payable decreased to ¥871,549,868.56 from ¥1,095,716,886.21, a decline of about 20.5%[21] - The company plans to focus on market expansion and new product development in the upcoming quarters[31] - The company invested 117,000.00 RMB in fixed assets, with no cash inflow from investment activities reported[42] - The cash and cash equivalents at the beginning of the period were 934,843,155.91 RMB, compared to 837,868,220.28 RMB in the previous period, showing a healthy starting position[39]