GED(SZ:000539)2018-08-30 16:00Financial Performance - The company's operating revenue for the first half of 2018 was CNY 13,894,985,179, representing a 12.19% increase compared to CNY 12,385,486,577 in the same period last year[15]. - The net profit attributable to shareholders of the listed company reached CNY 448,833,518, a significant increase of 248.65% from CNY 128,735,725 in the previous year[15]. - The net cash flow from operating activities was CNY 3,795,532,708, up 140.39% from CNY 1,578,925,284 in the same period last year[15]. - Basic earnings per share increased to CNY 0.0855, reflecting a growth of 248.98% compared to CNY 0.0245 in the previous year[15]. - The net profit after deducting non-recurring gains and losses was CNY 413,141,718, which is 163.48% higher than CNY 156,802,731 in the same period last year[15]. - The company's total comprehensive income for the current period was ¥686,067,416, up from ¥296,636,460 in the previous period[181]. - The company's total profit for the current period was ¥996,520,568, a decrease from ¥1,020,349,073 in the previous period[183]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 72,817,272,539, which is a 2.55% increase from CNY 71,007,415,323 at the end of the previous year[15]. - The company's total liabilities increased to CNY 43,308,197,231 from CNY 41,304,555,310, marking a growth of 4.8%[173]. - The company's total equity decreased slightly to CNY 29,509,075,308 from CNY 29,702,860,013, a decrease of 0.7%[173]. - Long-term borrowings decreased to CNY 18,349,294,665 from CNY 19,465,723,869, a reduction of 5.8%[173]. - The total liabilities to assets ratio was reported at 59.48%, up from 58.17% year-on-year, indicating a 1.31% increase[161]. Revenue and Costs - Operating costs increased to ¥12,200,856,427, up 9.65% from ¥11,126,689,991 in the previous year[41]. - Total operating costs amounted to CNY 13,213,530,804, up from CNY 12,161,604,003, reflecting a year-on-year increase of 8.6%[180]. - The fuel cost for power generation was 925,426.27 million yuan, accounting for 76% of the main business cost, with a year-on-year increase of 16.21%[26]. Investments and Financing - The company has successfully registered a 4.25% interest rate for a 5 billion yuan short-term financing bond amid tight market conditions[38]. - The company raised ¥3,030,805,608 from financing activities, an increase from ¥1,901,037,089 in the previous period[191]. - The company issued bonds with a total amount of RMB 82,000 million for loan repayment and debt restructuring, and RMB 38,000 million for improving liquidity[155]. Environmental and Social Responsibility - The company has completed ultra-low emission upgrades for all coal-fired units, significantly reducing pollutant emissions beyond existing environmental standards[103]. - The company has established emergency response plans for environmental incidents, enhancing its ability to manage unexpected environmental risks[105]. - The company has implemented a targeted poverty alleviation plan, actively engaging six subsidiaries in the initiative[114]. - The company has ensured a 100% enrollment rate for 24 students from impoverished families in the 2018 academic year[116]. - The company has provided medical insurance coverage for 105 individuals from 39 registered impoverished households[116]. Shareholder Information - The total number of shares is 5,250,283,986, with 36.15% being restricted shares and 63.85% being unrestricted shares[138]. - The largest shareholder, Guangdong Provincial Yue Electric Group Co., Ltd., holds 67.39% of the shares, totaling 3,538,005,285 shares[141]. - There were no changes in the controlling shareholder or actual controller during the reporting period[143]. Management and Governance - The company’s management team saw significant changes, including the appointment of new directors and a general manager in June 2018[149]. - The company did not experience any changes in the bond trustee or credit rating agency during the reporting period[154].