DHEP(SH:600744)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 2,662,185,232.18, representing a year-on-year increase of 9.09%[5]. - The net profit attributable to shareholders was a loss of CNY 105,505,667.65, with a diluted earnings per share of -CNY 0.05[5][6]. - The net loss for Q1 2023 was ¥101,074,825.63, a slight improvement from a net loss of ¥110,296,149.51 in Q1 2022[21]. - The comprehensive loss attributable to the parent company for Q1 2023 was ¥105,505,667.65, compared to a loss of ¥111,281,959.36 in Q1 2022[21]. - Basic and diluted earnings per share for Q1 2023 were both -¥0.05, compared to -¥0.062 in Q1 2022[21]. - The company reported an operating profit of -¥95,902,732.65 for Q1 2023, an improvement from -¥103,730,419.25 in Q1 2022[20]. Cash Flow - The net cash flow from operating activities decreased by 88.74%, amounting to CNY 73,456,562.62[5]. - Operating cash flow for Q1 2023 was CNY 73,456,562.62, a decrease of 89.7% compared to CNY 652,410,730.03 in Q1 2022[23]. - Cash inflow from operating activities totaled CNY 2,774,194,575.66, down 14% from CNY 3,225,322,820.73 in the previous year[23]. - The cash flow from operating activities showed a net outflow of CNY 889,186,541.45 in Q1 2023, a significant decrease from a net inflow of CNY 471,838,083.80 in Q1 2022[32]. - The cash inflow from financing activities was CNY 2,261,700,000.00 in Q1 2023, up from CNY 1,869,724,256.50 in Q1 2022, showing increased borrowing activity[32]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 20,887,181,751.02, down 2.73% from the end of the previous year[6]. - Total liabilities decreased to ¥19,457,590,467.62 in Q1 2023 from ¥19,965,831,523.61 in Q1 2022[17]. - Total equity decreased to ¥1,429,591,283.40 in Q1 2023 from ¥1,507,954,827.50 in Q1 2022[17]. - Total assets decreased from RMB 21,473,786,351.11 to RMB 20,887,181,751.02, reflecting a decline of about 2.7%[16]. - Total liabilities decreased to CNY 12,582,327,900.16 from CNY 12,856,724,029.32 at the end of 2022[26]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 137,862[11]. - The largest shareholder, China Datang Corporation, holds 29.9% of the shares, totaling 608,793,971 shares[12]. Inventory and Receivables - Accounts receivable increased by 35% due to early collection of electricity fees in the previous year[9]. - Inventory decreased by 46.55% as the company consumed part of its initial coal inventory to maximize power generation[10]. - Accounts receivable increased to RMB 1,785,603,290.77 from RMB 1,322,628,870.34, marking an increase of approximately 34.9%[14]. - Inventory decreased significantly from RMB 542,332,154.40 to RMB 289,855,601.89, a decline of about 46.6%[14]. Financial Management - The financial expenses for Q1 2023 were CNY 82,330,164.30, a decrease from CNY 99,649,800.32 in Q1 2022, reflecting improved cost management[29]. - The company incurred sales expenses of CNY 16,600,677.33 in Q1 2023, compared to CNY 14,422,585.09 in Q1 2022, indicating increased marketing efforts[29]. - The company recorded an asset disposal gain of CNY 5,325,887.83 in Q1 2023, contributing positively to the overall financial performance[29].