SEP(SH:600021)2025-04-28 12:00Financial Performance - The company's operating revenue for Q1 2025 was CNY 10,443,348,725.55, a decrease of 1.56% compared to CNY 10,608,421,419.60 in the same period last year[5] - Net profit attributable to shareholders increased by 30.78% to CNY 828,950,797.39 from CNY 633,874,951.26 year-on-year[5] - The net profit after deducting non-recurring gains and losses was CNY 807,548,478.82, reflecting a 27.04% increase compared to CNY 635,653,852.60 in the previous year[5] - Basic and diluted earnings per share increased by 34.98% to CNY 0.2670 from CNY 0.1978 year-on-year[6] - The company's total equity rose to CNY 58,567,661,040.90 in Q1 2025, compared to CNY 53,220,678,207.27 in Q1 2024[18] - The company reported a total comprehensive income of CNY 1,415,467,971.26 for Q1 2025, slightly up from CNY 1,403,452,665.74 in Q1 2024[22] Cash Flow - The net cash flow from operating activities rose significantly by 47.53% to CNY 2,734,097,037.01, up from CNY 1,853,199,657.17 in the same period last year[5] - Cash flow from operating activities for Q1 2025 was CNY 2,734,097,037.01, a 47.4% increase from CNY 1,853,199,657.17 in Q1 2024[25] - The company generated CNY 1,099,352,202.34 in cash from sales in Q1 2025, up from CNY 875,296,711.62 in Q1 2024[34] - The cash flow from financing activities netted CNY 2,106,763,635.19 in Q1 2025, compared to CNY 1,801,141,230.73 in Q1 2024, marking a rise of 16.9%[26] - The net cash flow from investing activities for Q1 2025 was -CNY 2,364,407,384.11, worsening from -CNY 1,764,144,880.71 in Q1 2024[25] Assets and Liabilities - Total assets at the end of the reporting period were CNY 193,949,878,412.36, a 2.41% increase from CNY 189,377,708,919.86 at the end of the previous year[6] - Total current assets as of March 31, 2025, amount to ¥42,425,752,909.94, an increase from ¥37,845,088,998.22 as of December 31, 2024[15] - Total liabilities decreased to CNY 135,382,217,371.46 in Q1 2025 from CNY 136,157,030,712.59 in Q1 2024[18] - The company reported a total debt of CNY 36,635,501,560.81 as of the latest reporting period, slightly down from CNY 36,742,630,066.15[30] Shareholder Information - Total number of common shareholders at the end of the reporting period is 145,477[12] - The largest shareholder, State Power Investment Corporation, holds 1,251,588,074 shares, representing 44.43% of total shares[12] - The second largest shareholder, China Power International Development, holds 363,292,165 shares, accounting for 12.90%[12] Operational Efficiency - The increase in net profit was primarily driven by a decrease in coal costs and financial expenses[10] - Total operating costs for Q1 2025 were CNY 8,981,830,459.25, down 3.11% from CNY 9,268,176,810.71 in Q1 2024[20] - Research and development expenses for Q1 2025 were CNY 7,424,157.96, significantly lower than CNY 30,151,259.87 in Q1 2024[21] - The company absorbed investments totaling CNY 3,765,056,706.00 in Q1 2025, a substantial increase from CNY 151,524,099.44 in Q1 2024[26] - The company reported an increase in management expenses to CNY 118,068,695.11 in Q1 2025 from CNY 81,720,434.73 in Q1 2024, reflecting a rise of 44.4%[32]