wsdl(SH:600995)2016-04-28 16:00Financial Performance - Operating revenue decreased by 11.85% to CNY 506,754,688.32 compared to the same period last year[6] - Net profit attributable to shareholders decreased by 12.64% to CNY 85,096,577.93 compared to the same period last year[6] - Basic earnings per share decreased by 10.00% to CNY 0.18 compared to the same period last year[6] - The weighted average return on equity decreased by 1.11 percentage points to 5.64% compared to the previous year[6] - Total operating revenue for Q1 2016 was ¥506,754,688.32, a decrease of 11.85% compared to ¥574,868,359.55 in the same period last year[23] - Net profit for Q1 2016 was ¥85,096,577.93, a decline of 12.58% from ¥97,411,552.24 in Q1 2015[23] - Earnings per share for Q1 2016 were ¥0.18, compared to ¥0.20 in the same quarter last year[24] Assets and Liabilities - Total assets increased by 2.32% to CNY 2,926,226,549.61 compared to the end of the previous year[6] - Current assets totaled CNY 391,868,793.10, up from CNY 324,139,639.61 at the start of the year, reflecting a growth of approximately 21%[17] - Total liabilities decreased to CNY 1,374,019,018.57 from CNY 1,392,671,134.28, indicating a reduction of approximately 1.3%[18] - The company's equity attributable to shareholders rose to CNY 1,552,207,531.04 from CNY 1,467,110,953.11, marking an increase of about 5.8%[18] - The company's total liabilities decreased to ¥1,360,180,854.96 from ¥1,375,619,143.38 year-on-year, reflecting a reduction of 1.16%[23] - Total equity increased to ¥1,534,564,515.63, up from ¥1,448,667,434.21, representing a growth of 5.93%[23] Cash Flow - Cash flow from operating activities increased by 8.05% to CNY 164,121,035.60 compared to the same period last year[6] - The company reported a total cash flow from operating activities of ¥85,897,081.42 for Q1 2016, compared to ¥74,208,570.48 in the same period last year[27] - Cash inflow from operating activities decreased to ¥609,954,672.09 from ¥665,540,740.98, a decline of approximately 8.4%[29] - Net cash flow from operating activities increased to ¥164,121,035.60 from ¥151,893,943.95, an increase of about 8.1%[29] - Cash outflow for purchasing goods and services decreased to ¥328,743,827.41 from ¥369,624,715.87, a reduction of approximately 11.1%[29] - Cash outflow for employee payments decreased to ¥60,901,991.22 from ¥65,362,646.59, a decrease of about 6.5%[29] - Cash outflow for taxes paid decreased to ¥47,351,546.62 from ¥57,675,850.61, a decline of approximately 17.9%[29] - The net increase in cash and cash equivalents was ¥66,027,475.92, down from ¥132,171,963.04, a decrease of about 50%[30] - The ending balance of cash and cash equivalents decreased to ¥313,961,879.02 from ¥472,936,443.01, a decline of approximately 33.6%[30] Shareholder Information - The total number of shareholders reached 48,499 at the end of the reporting period[9] - Yunnan Electric Power Co., Ltd. held 30.66% of the shares, making it the largest shareholder[9] Other Financial Metrics - Non-recurring gains and losses amounted to CNY 45,785.51 during the reporting period[8] - Investment income increased by 78.65% to 6,377,837.35, driven by higher profits from joint ventures[11] - Operating income from non-operating activities dropped by 97.41% to 383,623.57, with no impact from consolidated price differences[11] - Total electricity generation reached 18,325 million kWh, a 23% increase year-on-year[12] - Total electricity sales decreased by 6% to 110,946 million kWh, with a notable decline in both bulk and direct supply electricity[12] - Financial expenses decreased by 35.04% to 10,162,216.65, due to reduced long-term borrowings and lower interest rates[11] - Long-term deferred expenses increased by 64.67% to 1,545,388.59, due to higher long-term expense payments[11] - Tax payable surged by 177.02% to 39,201,465.65, attributed to increased unpaid taxes[11] Future Plans - The company did not report any new product developments or market expansion strategies in this quarter[6] - The company plans to focus on market expansion and new product development in the upcoming quarters to drive growth[23]