GED(SZ:000539)2014-04-23 16:00Financial Performance - The company's operating revenue for Q1 2014 was CNY 7,010,362,960, representing a 9.23% increase compared to CNY 6,418,273,058 in the same period last year[8] - Net profit attributable to shareholders increased by 48.09% to CNY 587,768,536 from CNY 396,912,594 year-on-year[8] - The net profit after deducting non-recurring gains and losses was CNY 595,370,329, up 53.53% from CNY 387,785,790 in the previous year[8] - The net cash flow from operating activities was CNY 2,469,169,296, an increase of 14.56% compared to CNY 2,155,357,143 in the same period last year[8] - Basic and diluted earnings per share rose to CNY 0.134, a 47.25% increase from CNY 0.091[8] Assets and Shareholder Information - Total assets at the end of the reporting period were CNY 67,134,455,420, a decrease of 1.15% from CNY 67,918,719,035 at the end of the previous year[8] - Net assets attributable to shareholders increased by 3.06% to CNY 19,638,402,192 from CNY 19,054,914,050 at the end of the previous year[8] - The total number of shareholders at the end of the reporting period was 121,806[11] - The largest shareholder, Guangdong Provincial Yue Electric Group Co., Ltd., held 67.39% of the shares, totaling 2,948,297,867 shares[11] Investments and Asset Management - Guangdong Power Development Co., Ltd. is the only listed platform for the integration of Guangdong Electric Group's domestic power generation assets[19] - The company plans to gradually inject qualified assets into Guangdong Power within the next five years through mergers and acquisitions, aiming for a comprehensive listing of its domestic power generation assets[19] - The company holds 8,400,000 shares of Shenzhen Energy, accounting for 0.32% of the total shares, with a book value of ¥47,712,000[21] - The company also holds 55,532,250 shares of Sheneng Co., representing 1.22% of the total shares, with a book value of ¥245,452,545[21] - The total investment in other listed companies amounts to ¥251,728,615.50, with a total shareholding of 63,932,250 shares[21] Commitments and Future Outlook - The company has fulfilled its commitments made during the initial public offering and other financing activities[20] - There are no significant changes in the expected cumulative net profit for the first half of 2014 compared to the previous year[21] - The company actively supports the development of Guangdong Power through capital operations and asset mergers[19] - The company is focused on improving its operational status and project development progress[22] - The company has committed to prioritize support for Guangdong Power in power project development and capital operations[19]