深圳能源(000027) - 2016 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2016 was CNY 5,029,873,390.35, a decrease of 8.36% compared to CNY 5,488,681,770.37 in the same period last year[20]. - The net profit attributable to shareholders of the listed company was CNY 852,170,625.07, down 16.97% from CNY 1,026,288,964.03 in the previous year[20]. - The net cash flow from operating activities was CNY 1,043,991,735.49, representing a significant decline of 42.37% compared to CNY 1,811,630,975.46 in the same period last year[20]. - The basic earnings per share decreased to CNY 0.2150, down 16.96% from CNY 0.2589 in the previous year[20]. - The total comprehensive income decreased significantly to ¥136,818,810.63 from ¥5,158,563,320.25, a drop of around 97.35%[128]. - The company reported a significant other comprehensive loss of ¥782,498,384.48 compared to a gain of ¥3,953,864,595.63 in the previous year[128]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 58,049,565,045.66, a slight decrease of 0.03% from CNY 58,067,427,403.34 at the end of the previous year[20]. - Total current assets decreased from CNY 15,933,753,327.69 at the beginning of the year to CNY 15,075,933,279.93, a decline of approximately 5.38%[123]. - Total current liabilities decreased from CNY 18,060,556,332.33 to CNY 16,915,731,405.91, a reduction of about 6.34%[123]. - Total liabilities increased from CNY 33,199,554,534.11 to CNY 34,037,274,617.05, an increase of about 2.52%[123]. - The total equity attributable to shareholders decreased from CNY 21,711,355,183.74 to CNY 20,935,016,173.08, a decline of approximately 3.57%[123]. Investments and Financing - The company invested CNY 597.3 million in external equity investments during the reporting period, a decrease of 15.78% from the previous year[36]. - The total investment in securities amounts to CNY 10,646,181.13, with a report period loss of CNY 9,649,208.15[38]. - The total amount of guarantees approved for subsidiaries during the reporting period was CNY 7,500 million, with actual occurrences totaling CNY 203,689.44 million[81]. - The total approved guarantee amount for subsidiaries at the end of the reporting period was CNY 1,142,045.27 million, with actual guarantees amounting to CNY 557,395.12 million[81]. Dividends and Shareholder Returns - The company did not distribute cash dividends or issue bonus shares for the reporting period[4]. - The company distributed a cash dividend of CNY 2.00 per share, totaling CNY 792.8983 million, based on a total share capital of 3,964,491,597 shares as of December 31, 2015[52]. - The company plans not to distribute cash dividends or issue bonus shares for the half-year period[54]. Operational Highlights - The total electricity generated by the company's power plants was 10.42 billion kWh, a decline of 1.8% year-on-year[32]. - Renewable energy generation saw a significant increase of 151% year-on-year, indicating progress in the company's energy structure adjustment[32]. - The company has completed the integration of the 1.983 million kilowatt photovoltaic project, which is now fully connected to the grid[48]. Governance and Compliance - The company confirmed that there were no changes in accounting policies or significant errors that would require restating previous financial data[20]. - The company has not reported any significant changes in its governance structure compared to the requirements of the Company Law and relevant regulations[57]. - No major litigation or arbitration matters occurred during the reporting period[58]. Shareholder Information - The largest shareholder, Shenzhen State-owned Assets Supervision and Administration Commission, holds 47.82% of the shares, totaling 1,896,000,775 shares[101]. - The state-owned shares accounted for 47.80% of the total shares, while state-owned legal person shares made up 15.94%[98]. - The total number of ordinary shareholders at the end of the reporting period was 146,386[100]. Accounting Policies - The financial statements are prepared based on the accrual basis of accounting, in accordance with the accounting standards issued by the Ministry of Finance[144]. - The company recognizes goodwill as an asset when the acquisition cost exceeds the fair value of identifiable net assets acquired[155]. - The group assesses the carrying amount of financial assets for impairment at each balance sheet date, recognizing impairment losses when there is objective evidence of impairment[173].