平煤股份(601666) - 2015 Q1 - 季度财报

Financial Performance - Operating revenue decreased by 26.82% to CNY 3,117,984,865.04 year-on-year[6] - Net profit attributable to shareholders decreased by 152.08% to a loss of CNY 25,248,122.09 compared to the same period last year[6] - Operating profit fell to -¥6,041,991.12, a decrease of ¥100,320,824.96 or 106.41% year-on-year, driven by declining coal demand and falling prices[14][15] - Total profit decreased by ¥93,089,130.01 or 97.78% compared to the same period last year, primarily due to reduced sales volume and lower prices of commodity coal[14][15] - The company reported a net loss for the quarter, with total costs exceeding total revenues, indicating a challenging financial environment[30] - The net profit for Q1 2015 was CNY -18,259,135.44, compared to a net profit of CNY 68,019,525.03 in Q1 2014, indicating a significant decline[32] - The total profit for Q1 2015 was CNY 2,113,797.55, down from CNY 95,202,927.56 in the previous year[32] - The company's operating revenue for Q1 2015 was CNY 2,897,244,124.58, a decrease of 27.4% compared to CNY 3,986,338,823.26 in the same period last year[33] - The basic and diluted earnings per share for Q1 2015 were both CNY -0.0107, compared to CNY 0.0205 in Q1 2014[32] Cash Flow and Liquidity - Cash flow from operating activities decreased by 29.74% to CNY 462,838,422.99 compared to the previous year[6] - Cash generated from operating activities was ¥462,838,422.99, down by ¥195,899,115.41 or 29.74% year-on-year, mainly due to a decrease in cash received from sales of goods and services[16][17] - The cash inflow from operating activities was CNY 3,415,224,675.17, down from CNY 3,860,703,470.59 in Q1 2014[37] - The net cash flow from operating activities for Q1 2015 was CNY 462,838,422.99, a decrease of 29.7% compared to CNY 658,737,538.40 in the previous year[38] - Total cash inflow from operating activities was CNY 3,182,377,864.30, down from CNY 3,436,971,313.20, reflecting a decline of approximately 7.4%[39] - Cash outflow for operating activities totaled CNY 2,613,990,188.81, compared to CNY 2,744,488,012.58, indicating a decrease of about 4.8%[39] - The company reported a net cash flow from financing activities of CNY 238,095,607.18, a significant improvement from a net outflow of CNY 32,174,743.07 in the previous year[38] - Cash and cash equivalents increased by 30.27% to CNY 2,742,275,120.99 compared to the beginning of the period[11] - Cash and cash equivalents at the end of the period increased to CNY 2,442,275,120.99, up from CNY 1,999,411,729.24, representing a growth of 22.1%[39] - The net increase in cash and cash equivalents for the period was CNY 670,893,271.21, compared to CNY 628,571,407.30, showing a growth of 6.7%[40] Assets and Liabilities - Total assets increased by 1.95% to CNY 32,066,196,495.57 compared to the end of the previous year[6] - Current assets totaled CNY 11,576,499,554.87, an increase from CNY 11,395,975,883.24 at the beginning of the year[27] - Total liabilities amounted to CNY 19,773,953,841.25, compared to CNY 19,331,217,900.93 at the start of the year, reflecting a rise of 2.3%[24] - Non-current assets reached CNY 19,299,566,873.47, up from CNY 18,917,149,694.79 at the beginning of the year[27] - Total equity attributable to shareholders was CNY 11,655,990,599.09, up from CNY 11,493,333,784.82, reflecting a growth of 1.4%[24] Production and Sales - Raw coal production decreased by 13.27% to 776.30 million tons compared to the same period last year[8] - Operating costs decreased by ¥1,034,851,239.54 or 28.19% year-on-year, attributed to a drop in coal sales volume[14][15] - The company's operating revenue for the current year is ¥3,117,984,865.04, a decrease of ¥1,142,660,133.43 or 26.82% compared to the same period last year, primarily due to a decline in coal demand caused by the domestic economic downturn[14][15] Financial Management - Financial expenses increased by ¥74,691,010.58 or 124.48% compared to the previous year, mainly due to rising costs associated with issued notes and loans[14][15] - The company plans to issue ¥2 billion in non-public debt financing tools to optimize its financing structure and reduce costs, which has been approved by the shareholders' meeting[18] - Cash used in investing activities increased by ¥28,719,095.01 or 82.15%, primarily due to higher cash payments for the acquisition of fixed assets and intangible assets[16][17] - Total cash outflow for investment activities was CNY 41,260,868.10, compared to CNY 34,467,766.92, reflecting an increase of 19.5%[39] - The cash flow from financing activities included CNY 334,600,000 for debt repayment, up from CNY 201,000,000, which is a 66.2% increase[40] - The company distributed CNY 121,633,536.18 in dividends and interest payments, significantly higher than CNY 28,444,126.40 in the previous year, representing an increase of 328.5%[40] Shareholder Information - The number of shareholders reached 135,068 at the end of the reporting period[9]