大唐发电(601991) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 30,206,052, a decrease of 1.74% compared to CNY 30,737,100 in the same period last year[4] - Net profit attributable to shareholders increased by 68.12% to CNY 2,238,433 from CNY 1,331,460 year-on-year[4] - Basic and diluted earnings per share both increased by 98.81% to CNY 0.1004 from CNY 0.0505 in the previous year[5] - Net profit for Q1 2025 reached CNY 2,744,617, representing an increase of 58.2% from CNY 1,736,282 in Q1 2024[21] - Earnings per share for Q1 2025 were CNY 0.1004, compared to CNY 0.0505 in Q1 2024, reflecting a 98.0% increase[22] - The company reported an increase in investment income to CNY 105,079 in Q1 2025, up from CNY 26,534 in Q1 2024[21] - The company’s total comprehensive income for Q1 2025 was CNY 2,744,006, compared to CNY 1,736,401 in Q1 2024, indicating strong overall performance[22] Cash Flow - The net cash flow from operating activities rose by 51.00% to CNY 9,312,542, primarily due to lower fuel costs[4] - Cash flow from operating activities for Q1 2025 was CNY 9,312,542, an increase of 50.0% from CNY 6,167,179 in Q1 2024[25] - Cash flow from investing activities for Q1 2025 was negative CNY 3,987,523, worsening from negative CNY 3,163,950 in Q1 2024[25] - Cash flow from financing activities for Q1 2025 was negative CNY 2,318,303, compared to negative CNY 1,050,754 in Q1 2024[25] - The net increase in cash and cash equivalents for the period was 3,006,464[26] - The beginning balance of cash and cash equivalents was 7,207,988[26] - The ending balance of cash and cash equivalents was 10,214,452[26] Assets and Liabilities - Total assets at the end of the reporting period were CNY 322,645,370, a slight increase of 0.01% from CNY 322,601,537 at the end of the previous year[5] - As of March 31, 2025, the total assets of the company amounted to RMB 322,645,370,000, showing a slight increase from RMB 322,601,537,000 as of December 31, 2024[14] - Total current liabilities decreased to RMB 91,382,133,000 from RMB 100,883,091,000, indicating a reduction of about 9.3%[16] - The company's long-term borrowings rose to RMB 118,130,137,000 from RMB 117,093,432,000, reflecting an increase of approximately 0.9%[16] - The total non-current liabilities increased to RMB 133,275,681,000 from RMB 128,234,862,000, an increase of about 3.5%[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 174,969[10] - The company reported a total of 9,816,330,340 shares issued, representing approximately 53.04% of the total issued shares held by the parent company and its subsidiaries[12] - The company has pledged all of its H shares held by its subsidiary, which amounts to 3,275,623,820 shares, approximately 17.70% of the total share capital[12] Inventory and Receivables - The company's accounts receivable slightly decreased to RMB 20,853,252,000 from RMB 20,898,338,000, a decline of about 0.2%[14] - The company's inventory decreased to RMB 3,303,704,000 from RMB 4,824,979,000, a significant drop of approximately 31.5%[15] Investment and Acquisitions - The company acquired 95% of the shares in Datang Solar Industry (Yingde) Co., Ltd., leading to retrospective adjustments in financial data[5] - The company reported a significant increase in investment income by 296.02%, mainly due to losses from equity disposals in the previous period[8] Operating Costs - Total operating costs for Q1 2025 were CNY 27,122,200, down 5.84% from CNY 28,802,447 in Q1 2024[20]