SDIC Power(SH:600886)2015-04-27 16:00Financial Performance - Operating revenue for the period was CNY 7.60 billion, representing a 2.66% increase year-on-year[6] - Net profit attributable to shareholders increased by 46.27% to CNY 1.22 billion compared to the same period last year[6] - Cash flow from operating activities rose by 31.12% to CNY 4.85 billion year-on-year[6] - The company's net profit for Q1 2015 reached CNY 2,290,774,318.96, a significant increase from CNY 1,508,056,428.79 in the same period last year, representing a growth of approximately 52%[33] - Operating profit for the quarter was CNY 2,270,957,734.92, compared to CNY 1,715,128,698.12 in Q1 2014, indicating a year-over-year increase of about 32%[33] - The company reported a profit before tax of CNY 2,555,659,326.73, compared to CNY 1,726,160,784.61 in the same quarter last year, reflecting an increase of approximately 48%[33] - The total comprehensive income for the quarter was CNY 2,290,774,318.96, compared to CNY 1,508,056,428.79 in the same period last year, showing a growth of around 52%[34] Asset and Liability Management - Total assets increased by 0.86% to CNY 174.11 billion compared to the end of the previous year[6] - Total current assets rose to ¥13,931,623,057.26 from ¥13,501,574,145.54, marking an increase of about 3.2%[23] - Total liabilities decreased to CNY 127,964,299,544.16 from CNY 129,901,377,846.94, a decline of about 1.49%[25] - Owner's equity increased to CNY 46,140,849,608.44 from CNY 42,715,938,189.48, reflecting a growth of approximately 7.67%[25] - Long-term borrowings remained stable at CNY 96,931,660,353.90, compared to CNY 96,828,216,270.98 at the start of the year[24] Cash Flow Analysis - Cash flow from operating activities amounted to CNY 8,097,053,555.50, slightly up from CNY 8,025,385,487.52 in the previous year, indicating a growth of about 0.9%[39] - Net cash flow from operating activities reached CNY 4,849,766,135.38, up from CNY 3,698,676,621.90, indicating a significant increase of about 31.06%[40] - Cash inflow from financing activities totaled CNY 4,006,927,759.53, down from CNY 8,256,379,056.86, representing a decline of about 51.54%[41] - Net cash flow from financing activities was negative at CNY -1,813,878,705.72, contrasting with a positive CNY 1,951,854,607.06 in the previous period[41] Investment Performance - Investment income grew by 49% year-on-year, driven by improved profitability of investee companies[12] - The company received significant dividends from investee companies, leading to a 150% increase in cash received from investment income year-on-year[13] - Cash inflow from investment activities was CNY 488,299,316.63, significantly higher than CNY 187,493,450.00 in the previous period, marking an increase of about 160.56%[42] Shareholder Information - The number of shareholders reached 253,110 by the end of the reporting period[10] - The company committed to minimizing and regulating related party transactions, ensuring compliance with legal procedures and protecting shareholder rights[17] Operational Efficiency - Total operating costs decreased to CNY 5,485,263,796.51 from CNY 5,792,657,912.52, representing a reduction of approximately 5.29%[32] - The company reported a net profit margin improvement due to reduced operating costs, although specific profit figures were not disclosed[32] Future Plans - The company plans to gradually implement specific operational plans for integrating power assets over the next five years[19]