京能热力(002893) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 687,759,849.66, representing a 5.16% increase compared to CNY 654,009,183.77 in the same period last year[5]. - Net profit attributable to shareholders was CNY 187,348,372.16, up 5.31% from CNY 177,898,703.25 year-over-year[5]. - Total revenue for the current period reached ¥687,759,849.66, an increase of 5.3% compared to ¥654,009,183.77 in the previous period[24]. - Net profit for the current period was ¥189,769,253.51, compared to ¥181,014,004.56 in the previous period, indicating a growth of 4.4%[24]. - Total comprehensive income for the period was CNY 189,769,253.51, compared to CNY 181,014,004.56 in the previous period, reflecting an increase of approximately 4.9%[26]. - Basic and diluted earnings per share increased to CNY 0.71 from CNY 0.67, representing a growth of about 5.9%[26]. Cash Flow and Assets - The net cash flow from operating activities improved by 40.44%, reaching CNY -188,736,961.64 compared to CNY -316,897,236.38 in the previous year[5]. - Cash inflow from operating activities totaled CNY 88,324,233.81, compared to CNY 87,098,541.54 in the prior period, indicating a slight increase of 1.4%[27]. - Cash outflow from operating activities decreased to CNY 277,061,195.45 from CNY 403,995,777.92, a reduction of approximately 31.4%[27]. - The ending cash and cash equivalents balance was CNY 703,086,869.17, up from CNY 413,615,013.38, reflecting an increase of approximately 69.9%[28]. - The company's cash and cash equivalents decreased to ¥736,751,914.09 from ¥935,658,416.81, a decline of 21.2%[21]. - The net cash flow from investing activities was CNY -20,359,755.08, compared to CNY -819,167.35 in the previous period, indicating a significant increase in investment outflows[28]. - Net cash flow from financing activities was CNY 10,190,214.00, a recovery from CNY -78,102,964.00 in the prior period[28]. Assets and Liabilities - Total assets increased by 11.96% to CNY 2,750,325,600.59 from CNY 2,456,492,722.59 at the end of the previous year[5]. - The company's equity attributable to shareholders rose by 16.06% to CNY 1,371,437,168.05 from CNY 1,181,667,914.54[5]. - The company's total liabilities increased significantly, with accounts payable rising by 56.59% to CNY 266,309,024.30, driven by the acquisition of a new subsidiary[9]. - Total liabilities decreased to ¥1,216,454,628.22 from ¥1,265,386,234.39, a reduction of 3.9%[23]. - Non-current assets totaled ¥1,154,318,969.18, up from ¥964,729,193.20, marking an increase of 19.7%[22]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 21,339, with no preferred shareholders having restored voting rights[12]. - Beijing Energy Group holds 28.46% of shares, amounting to 75,036,000 shares, while Zhao Yibo holds 14.85%, totaling 39,145,987 shares[12]. - The top ten shareholders hold a total of 60,840,000 shares, with significant stakes held by state-owned and individual investors[12]. - The company has not disclosed any known relationships or concerted actions among the top ten shareholders[12]. Investments and Acquisitions - The company plans to invest up to 150.71 million RMB in the construction of the Zhuxinzhuang 1 Comprehensive Energy Utilization Center project[16]. - The company has approved an investment of up to 173.26 million RMB for the heating concession project in Yuko Town, Pinggu District[17]. - On March 27, 2025, the company completed the acquisition of Huqing Antai Energy Co., holding 34.58% of shares and controlling 62.23% of voting rights[19]. - The company established Beijing Jingre New Energy Co., Ltd. on February 17, 2025, to support major livelihood projects in Fangshan District[14]. Governance Changes - The company’s independent director Xu Fuyun resigned on March 7, 2025, after nearly six years of service[15]. - The company’s board approved the election of Cheng Li as an independent director on March 31, 2025[15]. Research and Development - Research and development expenses surged by 163.15% to CNY 6,078,895.37, primarily due to the consolidation of a newly acquired subsidiary[10]. - Research and development expenses increased to ¥6,078,895.37 from ¥2,310,012.66, a significant rise of 163.5%[24]. Other Financial Metrics - The company reported a credit impairment loss of ¥23,709,073.02, compared to ¥12,053,159.59 in the previous period, indicating a deterioration in asset quality[25]. - Operating costs amounted to ¥443,631,456.89, up from ¥435,788,823.48, reflecting a rise of 1.9%[24]. - The company did not report any net profit from subsidiaries prior to consolidation, consistent with the previous period[26]. - The first quarter report was not audited, indicating that the financial results are preliminary[29].