2017-04-28 16:00Financial Performance - Net profit attributable to shareholders surged by 165.6% to RMB 12,235 million in Q1 2017, up from RMB 4,607 million in Q1 2016[6] - Operating revenue rose by 55.0% to RMB 61,062 million in Q1 2017, compared to RMB 39,402 million in the same period last year[6] - The total profit for Q1 2017 was RMB 17,685 million, reflecting a 100.8% year-over-year growth from RMB 8,807 million in Q1 2016[14] - The company's net profit attributable to shareholders increased by 165.6% year-on-year due to rising coal sales prices and increased sales volume[33] - Net profit for Q1 2017 was RMB 14,243 million, up 117.5% from RMB 6,564 million in Q1 2016[43] - Operating profit increased to RMB 17,499 million, representing a 96.5% rise from RMB 8,918 million in the previous year[43] Cash Flow and Liquidity - Cash flow from operating activities increased by 64.1% to RMB 24,983 million in Q1 2017, compared to RMB 15,225 million in Q1 2016[6] - The company's cash flow from operating activities for Q1 2017 was RMB 24,983 million, a 64.1% increase compared to RMB 15,225 million in Q1 2016[17] - Cash inflow from investment activities increased significantly to RMB 46,011 million, up 92.00% from RMB 23,957 million in the previous period[50] - Cash outflow for investment activities rose to RMB 24,485 million, compared to RMB 4,373 million in the same period last year, an increase of 460.73%[50] - Cash flow from financing activities showed a net increase of RMB 8,717 million, recovering from a net outflow of RMB 21,347 million in the previous year[50] Assets and Liabilities - Total assets increased by 3.5% to RMB 591,510 million as of March 31, 2017, compared to RMB 571,664 million at the end of 2016[6] - The total liabilities of the company were RMB 195.09 billion, compared to RMB 191.76 billion at the beginning of the year[37] - The company's total liabilities decreased by 23.1% for payable bonds, dropping to RMB 11,772 million from RMB 15,316 million[17] - The total non-current assets were RMB 217,439 million, slightly down from RMB 218,917 million at the beginning of the year, a decrease of 0.7%[40] Sales and Production - Coal sales volume increased by 22.5% to 113.3 million tons in Q1 2017, compared to 92.5 million tons in Q1 2016[11] - The company's coal production volume was 810 million tons in Q1 2017, a slight decrease of 0.3% year-on-year[31] - The coal import volume was 64.7 million tons, reflecting a year-on-year increase of 33.8%[31] - The average selling price of domestic trade coal increased by 249.2% year-on-year, primarily due to a shift from lower-priced direct sales to higher-priced washed coal sales[19] - The average selling price of coal exports decreased by 16.6% year-on-year, attributed to the execution of lower-priced long-term contracts signed in 2016 compared to those in 2015[19] Shareholder Information - The company reported a total of 236,799 shareholders as of the end of the reporting period[12] - The top shareholder, Shenhua Group, holds 73.06% of the shares, totaling 14,530,574,452 shares[12] - The company plans to distribute a final dividend of RMB 0.46 per share and a special dividend of RMB 2.51 per share, pending shareholder approval[31] Operational Efficiency - The weighted average return on equity improved by 2.28 percentage points to 3.84% in Q1 2017, compared to 1.56% in Q1 2016[6] - The average utilization hours of power generation units increased by 31 hours year-on-year, indicating improved operational efficiency[31] - The total electricity generation rose by 9.1% to 59.90 billion kWh in Q1 2017, compared to 54.90 billion kWh in Q1 2016[11] - The revenue from the power generation segment in Q1 2017 was 18,073 million RMB, an 8.2% increase from 16,704 million RMB in Q1 2016, driven by increased electricity sales[26] Investment Income - The company reported a significant increase in investment income, rising to RMB 384 million, a 1,029.4% increase from RMB 34 million in Q1 2016[14]