2021-04-27 16:00Financial Performance - Net profit attributable to shareholders was ¥3.13 billion, representing a 51.75% increase from ¥2.06 billion in the same period last year[4] - Operating revenue for the period was ¥49.91 billion, up 23.59% from ¥40.38 billion year-on-year[4] - Basic earnings per share rose to ¥0.17, a 54.55% increase from ¥0.11 in the same period last year[5] - The weighted average return on equity improved to 3.47%, an increase of 1.09 percentage points from 2.38%[4] - The company's operating revenue increased by 24% year-on-year, primarily due to a rise in electricity sales volume[11] - The company's total profit for Q1 2021 was CNY 4,929,607,970, up from CNY 3,746,375,479 in Q1 2020, reflecting a growth of 31.8%[22] - The profit attributable to shareholders of the parent company was CNY 3,126,672,348, up 51.8% from CNY 2,060,382,424 in the same period last year[22] - The total comprehensive income for Q1 2021 was CNY 4,402,508,621, compared to CNY 1,698,050,290 in Q1 2020, indicating a significant increase[22] Cash Flow - Net cash flow from operating activities increased by 39.06% to ¥11.33 billion compared to ¥8.15 billion in the previous year[4] - Cash inflow from operating activities for Q1 2021 was CNY 53.41 billion, up 20.5% from CNY 44.46 billion in Q1 2020[27] - Net cash flow from operating activities increased to CNY 11.33 billion, a 39.8% rise compared to CNY 8.15 billion in the same period last year[27] - Cash inflow from financing activities reached CNY 55.83 billion, a slight increase from CNY 52.74 billion in Q1 2020[28] - Net cash flow from financing activities was -CNY 1.93 billion, compared to -CNY 0.39 billion in the previous year[28] Assets and Liabilities - Total assets at the end of the reporting period reached ¥443.63 billion, an increase of 1.24% compared to the end of the previous year[4] - The total liabilities as of March 31, 2021, amounted to ¥298,014,847,810, slightly up from ¥296,730,398,479 at the end of 2020[16] - Non-current liabilities totaled ¥150,715,641,697 as of March 31, 2021, compared to ¥142,682,307,909 at the end of 2020, indicating an increase of 5.5%[16] - The company's fixed assets increased by 14.64 billion yuan compared to the end of the previous year, mainly due to the completion of infrastructure projects[11] Shareholder Information - The total number of shareholders at the end of the reporting period was 108,293[7] - The largest shareholder, Huaneng International Power Development, held 32.28% of the shares[7] Research and Development - Research and development expenses increased significantly to ¥36,683,084 in Q1 2021, compared to only ¥2,576,647 in Q1 2020[19] - Research and development expenses increased to CNY 11,500,697 from CNY 4,784 in Q1 2020, showing a substantial rise in investment in innovation[23] Investment Activities - The company's cash outflow from investing activities was 92.10 billion yuan, an increase of 31.88 billion yuan year-on-year, mainly due to increased capital expenditures[12] - Cash outflow from investing activities totaled CNY 9.64 billion, compared to CNY 6.10 billion in Q1 2020, reflecting a 58.5% increase[27] - Net cash flow from investing activities was -CNY 9.21 billion, worsening from -CNY 6.02 billion year-over-year[27] Other Financial Metrics - Financial expenses decreased by 18% year-on-year, attributed to a reduction in interest-bearing liabilities and debt costs[11] - The company reported non-operating income of ¥263.02 million, primarily from the disposal of non-current assets[6] - The company recorded investment income of CNY 586,292,598, compared to CNY 478,109,554 in Q1 2020, marking an increase of 22.7%[23]