CECWPC(SH:601016)2015-04-28 16:00Financial Performance - Operating revenue rose by 28.14% to CNY 352,654,745.67 year-on-year[9] - Net profit attributable to shareholders increased by 104.96% to CNY 63,733,364.41 compared to the same period last year[9] - Net profit for the period was RMB 82,182,849.93, representing an 88.07% increase compared to the same period last year[20] - The total profit for the period was RMB 93,870,125.48, a growth of 98.86% year-on-year[20] - Basic earnings per share improved by 89.47% to CNY 0.036[9] - The company's operating profit reached RMB 76,015,363.59, up 128.51% year-on-year, driven by improved average wind speeds and new projects coming online[20] - The net profit attributable to the parent company's shareholders was RMB 63,733,364.41, up 104.96% year-on-year, with basic earnings per share of RMB 0.036, an increase of 89.47%[21] Cash Flow - Net cash flow from operating activities surged by 139.73% to CNY 333,899,387.89 year-on-year[9] - The net cash flow from operating activities was RMB 333,899,387.89, an increase of 139.73% compared to the previous year, attributed to higher electricity payments received[23] - Cash inflow from operating activities was ¥409,173,721.13, significantly higher than ¥223,685,742.76 in the previous period[47] - The net cash flow from operating activities was -5,995,911.54 RMB, compared to -9,679,711.44 RMB in the previous period, indicating an improvement of approximately 38.5%[52] - The total cash and cash equivalents at the end of the period reached 117,697,340.72 RMB, up from 15,797,972.75 RMB in the previous period, an increase of approximately 644.5%[55] - The company experienced a net increase in cash and cash equivalents of 88,044,847.96 RMB, compared to a decrease of -38,454,944.48 RMB in the previous period, indicating a positive cash flow trend[55] Assets and Liabilities - Total assets increased by 3.00% to CNY 13,516,760,942.28 compared to the end of the previous year[9] - The company's total liabilities reached CNY 9.62 billion, compared to CNY 9.31 billion, showing an increase of approximately 3.3%[33] - Non-current liabilities rose to CNY 7.28 billion, up from CNY 6.74 billion, indicating an increase of about 8.0%[33] - Current liabilities decreased to CNY 2.34 billion from CNY 2.57 billion, reflecting a decline of approximately 9.0%[33] - Owner's equity totaled CNY 3.89 billion, up from CNY 3.81 billion, which is an increase of about 2.1%[33] Shareholder Information - The total number of shareholders reached 54,503 at the end of the reporting period[13] - The largest shareholder, China Energy Conservation and Environmental Protection Group, holds 53.33% of shares[13] Government Support and Non-Recurring Items - The company received government subsidies amounting to CNY 5,293,302.34 related to normal business operations[11] - Non-recurring gains and losses totaled CNY 4,579,138.64 for the reporting period[11] Investments and Development - The company's cash and cash equivalents at the end of the period amounted to RMB 952,862,756.85, an increase of 91.92% compared to the beginning of the year, primarily due to loans received for the Zhangbei Green Brain Power Plant Phase II 100 MW project[16] - The construction in progress balance decreased to RMB 848,874,350.91, down 49.07%, due to projects being completed and transferred to fixed assets[17] - The company's development expenditures increased to CNY 615,864.80 from CNY 328,023.52, representing a growth of approximately 88.0%[36] Future Plans - The company plans to issue new shares through a private placement, which was approved by the board and shareholders[24] - The company has committed to not engage in competitive activities with its subsidiaries for a period of 36 months from the date of listing[27] - The company has a plan to repurchase shares if the stock price falls below the audited net asset value per share for 20 consecutive trading days[27] - The company has set a minimum repurchase amount of ¥20 million if the controlling shareholder fails to announce a share buyback plan within the stipulated time[27]