2015-08-28 16:00Financial Performance - The company's operating revenue for the first half of 2015 was CNY 36,220,598 thousand, a slight increase of 0.37% compared to CNY 36,087,089 thousand in the same period last year[15]. - The net profit attributable to shareholders for the first half of 2015 was CNY 1,336,324 thousand, representing a growth of 3.12% from CNY 1,295,934 thousand year-on-year[15]. - The net profit after deducting non-recurring gains and losses was CNY 1,155,596 thousand, up 4.28% from CNY 1,108,128 thousand in the previous year[15]. - The total operating revenue for the company was 36.22 billion RMB, with a year-on-year increase of 0.4%[36]. - The net profit attributable to shareholders was RMB 1.336 billion, up 3.1% compared to the same period last year[22]. - The total comprehensive income for the current period was CNY 3,091,480, compared to CNY 2,305,287 in the previous period, showing an increase of approximately 34.16%[87]. - The total comprehensive income for the period was CNY 1,909,460,000, with a net profit of CNY 1,336,324,000[100]. Cash Flow and Liquidity - The net cash flow from operating activities was negative CNY 1,962,245 thousand, an improvement of 2.92% compared to negative CNY 2,021,213 thousand in the same period last year[15]. - Cash flow from operating activities was CNY 40,032,527, a decrease from CNY 41,576,123 in the previous period, indicating a decline of about 3.71%[92]. - The total cash and cash equivalents at the end of the period stood at CNY 22,731,549, up from CNY 17,935,601, marking an increase of approximately 26.5%[94]. - Cash and cash equivalents increased to CNY 31,131,269,000 from 29,986,445,000[79]. - The company reported a financial expense of CNY 98,350, which increased from CNY 15,960 in the previous period, reflecting a rise of approximately 516.77%[86]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 156,706,320 thousand, an increase of 9.16% from CNY 143,550,564 thousand at the end of the previous year[15]. - Total liabilities reached CNY 109.08 billion, up from CNY 98.13 billion, an increase of 11.9%[81]. - Current liabilities totaled CNY 95.54 billion, slightly up from CNY 93.30 billion, indicating a 2.4% increase[81]. - Non-current liabilities rose significantly to CNY 13.54 billion from CNY 4.83 billion, marking an increase of 180.5%[81]. - The company’s retained earnings increased to CNY 12.87 billion from CNY 12.31 billion, a growth of 4.5%[81]. Shareholder Information - Total number of shareholders as of the end of the reporting period is 565,471[71]. - The largest shareholder, Shanghai Electric Group, holds 7,030,458,711 shares, representing 54.82% of total shares[74]. - The second largest shareholder, Hong Kong Central Clearing Limited, holds 2,967,991,500 shares, accounting for 23.14%[74]. - The company distributed a cash dividend of RMB 0.5873 per 10 shares, totaling RMB 753,132 thousand for the 2014 fiscal year[49]. Investments and Orders - The company had a backlog of nuclear power island orders amounting to approximately RMB 14.7 billion by the end of the reporting period[23]. - New wind power orders received during the reporting period totaled RMB 5.95 billion, continuing a growth trend[24]. - The company made external equity investments totaling approximately 3.23 billion RMB during the reporting period, significantly up from 712 million RMB in the same period last year[38]. - The company plans to use 2.9 billion RMB of raised funds for temporary working capital, with a total of 6 billion RMB raised[43]. Operational Overview - The efficient clean energy equipment segment reported operating revenue of RMB 12.544 billion, an increase of 1.8% year-on-year[26]. - The industrial equipment segment's operating revenue was RMB 12.158 billion, a decrease of 3.7% compared to the previous year[29]. - The modern service industry achieved operating revenue of RMB 8.661 billion, a decline of 5.5% year-on-year[30]. - Operating revenue from mainland China reached 32.21 billion RMB, reflecting a growth of 10.6% compared to the previous year[36]. - Revenue from other countries and regions decreased by 42.5%, primarily due to a decline in overseas engineering project income[36]. Governance and Compliance - The financial report was approved by the board of directors on August 28, 2015, indicating timely governance and oversight[114]. - The financial statements for the six months ending June 30, 2015, comply with the requirements of the accounting standards, reflecting the company's financial position and operating results accurately[119]. - The company has not experienced any significant changes in its governance structure, adhering to the requirements of the Company Law and related regulations[68]. Accounting Policies - The company recognizes financial assets at fair value upon becoming a party to the financial instrument contract, with subsequent measurement based on their classification[133]. - Revenue is recognized based on the fair value of the contract or agreement price received or receivable from the sale of goods and provision of services, net of sales discounts and returns[24]. - The company assesses the reliability of estimating the outcome of service transactions to determine the appropriate revenue recognition method[183]. - The company recognizes impairment losses for receivables based on expected future cash flows, with significant individual receivables assessed separately[141].