甘肃能源(000791) - 2014 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2014 was ¥210,826,041.24, a decrease of 3.42% compared to ¥218,290,026.08 in the same period last year[4] - The net profit attributable to shareholders was -¥67,967,364.71, representing a decline of 13.01% from -¥60,144,907.29 year-on-year[4] - The net cash flow from operating activities decreased by 54.28%, from ¥246,113,997.97 to ¥112,532,124.00[4] - Basic and diluted earnings per share were both -¥0.0941, down 12.97% from -¥0.0833 in the previous year[4] - The net assets attributable to shareholders decreased by 1.93%, from ¥3,517,252,536.45 to ¥3,449,285,171.74[4] Shareholder Information - The total number of shareholders at the end of the reporting period was 22,785[8] - The largest shareholder, Gansu Electric Power Investment Group Co., Ltd., holds 84.11% of the shares[8] Expenses and Income - Management expenses increased by 42.71% year-on-year, from ¥1,139,751.69 to ¥1,626,524.55[13] - Investment income decreased by 37.39%, from ¥7,313,548.39 to ¥4,579,160.14, due to reduced water flow affecting power generation[13] Commitments and Developments - The company is currently fulfilling commitments related to the transfer of 74,221,905 shares from the parent company, which is expected to be completed by September 2015[16] - The parent company has committed to not transferring 533,157,900 shares for a period of 36 months from the date of listing, which will end in December 2015[16] - The company is in the process of fulfilling commitments regarding the construction of the Shen Tree Hydropower Station, which is still under development[16] - The company has obtained the pre-licensing notice for the Orange Ditch Hydropower Station, and the power business license will be issued after the unit is connected to the grid[16] - The Double Crown Hydropower Station has been connected to the grid since June 2012, and the relevant power business license has been completed[16] - The company is currently fulfilling commitments related to the profit forecast and performance compensation for the Guotou Gansu Xiaoshanxia Power Co., Ltd. for the years 2012, 2013, and 2014[16] - There are no outstanding commitments that have not been fulfilled, indicating a timely execution of all commitments[16] - The company has not made any commitments related to initial public offerings or refinancing during this period[16] - The company is actively working on commitments to avoid competition and ensure independence from the parent company[16] - The company has completed the water intake business license for the Orange Ditch Hydropower Station[16]