昊华能源(601101) - 2014 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter was ¥1,384,713,524.70, representing a decrease of 31.76% year-on-year[11] - Net profit attributable to shareholders was ¥66,678,878.99, down 69.78% from the same period last year[11] - Basic earnings per share decreased by 66.67% to ¥0.06 from ¥0.18 in the same quarter last year[11] - The company reported a significant decrease in net profit due to non-recurring losses totaling ¥135,692.82[11] - Total revenue for Q1 2014 was RMB 1,384,713,524.70, a decrease of 31.76% compared to RMB 2,029,266,218.06 in Q1 2013, primarily due to a 19.75% decrease in sales volume and an 18.81% drop in prices[21] - Net profit for the quarter was CNY 68,510,465.07, compared to CNY 220,307,084.03 in the previous year, reflecting a decrease of approximately 68.9%[38] - Operating revenue for Q1 2014 was RMB 717,857,592.39, a decrease of 38.1% compared to RMB 1,160,092,123.99 in the same period last year[15] - Net profit for Q1 2014 was RMB 60,831,691.57, down 73.3% from RMB 227,811,728.35 in Q1 2013[15] - The company’s total profit for Q1 2014 was RMB 71,566,695.97, a decline of 76.6% from RMB 303,748,971.14 in Q1 2013[15] Assets and Liabilities - Total assets at the end of the reporting period reached ¥12,995,327,113.56, an increase of 1.92% compared to the previous year-end[11] - The company’s net assets attributable to shareholders increased by 1.30% to ¥6,862,872,093.08 compared to the previous year-end[11] - The company’s total assets increased to CNY 10,283,504,873.29 from CNY 10,106,430,188.53, marking a growth of about 1.75%[35] - Total liabilities rose to CNY 2,985,703,628.51, up from CNY 2,903,411,805.52, which is an increase of approximately 2.83%[35] - The total equity attributable to shareholders increased to CNY 7,297,801,244.78 from CNY 7,203,018,383.01, showing a growth of about 1.31%[35] Cash Flow - Cash flow from operating activities amounted to ¥166,057,846.78, an increase of 35.04% compared to the previous year[11] - Cash flow from operating activities decreased by 31.73% to RMB 62,026,066.25 from RMB 90,858,219.54, primarily due to reduced port fees and changes in coal export agency fees[24] - Cash flow from operating activities for Q1 2014 was RMB 166,057,846.78, an increase of 35.0% from RMB 122,971,531.01 in Q1 2013[43] - Cash flow from investing activities for Q1 2014 showed a net outflow of RMB 231,291,432.37, compared to a net outflow of RMB 710,919,514.87 in Q1 2013[44] - Cash flow from financing activities for Q1 2014 was RMB 84,597,038.23, a decrease from RMB 388,391,384.64 in Q1 2013[44] Shareholder Information - The total number of shareholders at the end of the reporting period was 67,026[16] - The largest shareholder, Beijing Jingmei Group Co., Ltd., holds 62.30% of the shares, totaling 747,564,711 shares[16] Production and Inventory - The company’s coal production for the period was 283.1 million tons, with sales revenue of RMB 91,798.36 million from 256.17 million tons sold[25] - Inventory levels rose to CNY 351,131,666.08 from CNY 268,548,503.42, indicating an increase of about 30.7%[34] Other Financial Metrics - The weighted average return on net assets fell by 2.17 percentage points to 0.98%[11] - The company reported a net loss in investment income of RMB -85,723.75, an improvement from RMB -143,120.00 in the same period last year, due to reduced expenses at a joint venture[21] - The company incurred a total operating cost of RMB 448,737,736.53, down 29.2% from RMB 633,174,964.27 in the previous year[15] - The company reported a decrease in sales expenses to RMB 23,657,372.83 from RMB 33,811,876.26, a reduction of 30.0% year-over-year[15] - Cash and cash equivalents increased slightly to RMB 1,437,479,225.40 from RMB 1,416,320,027.77[29] - Cash and cash equivalents increased to CNY 1,109,729,753.39 from CNY 1,080,494,614.19, reflecting a growth of approximately 2.3%[34] - The ending balance of cash and cash equivalents was 1,109,729,753.39, up from 994,322,139.77 in the previous period[48] - The initial balance of cash and cash equivalents was 1,080,494,614.19, compared to 1,180,791,938.10 previously[48] - The impact of exchange rate changes on cash and cash equivalents was 1,301,668.89, compared to 5,086,461.60 in the previous period[48]