TEC(SH:600780)2019-04-26 16:00Financial Performance - Operating revenue for the period was CNY 1,704,998,121.29, representing a 15.20% increase year-on-year[12] - Net profit attributable to shareholders was CNY 91,707,913.64, an increase of 11.68% compared to the same period last year[12] - Basic earnings per share were CNY 0.08, reflecting an increase of 11.73% compared to CNY 0.0716 in the previous year[12] - The weighted average return on equity increased by 0.09 percentage points to 1.78%[12] - The net profit after deducting non-recurring gains and losses was CNY 89,898,782.26, up 11.69% year-on-year[12] - Total operating revenue for Q1 2019 was CNY 1,704,998,121.29, an increase of 15.2% compared to CNY 1,480,051,016.72 in Q1 2018[42] - Net profit for Q1 2019 reached CNY 90,821,071.16, representing a growth of 11.5% from CNY 81,239,975.86 in Q1 2018[46] - Total comprehensive income for Q1 2019 was CNY 90,821,071.16, compared to CNY 81,224,308.68 in Q1 2018, reflecting an increase of about 11.5%[52] - Operating profit for Q1 2019 was CNY 5,844,372.03, up from CNY 3,095,750.31 in Q1 2018, indicating a growth of approximately 88.5%[52] Assets and Liabilities - Total assets at the end of the reporting period were CNY 11,831,361,994.76, a decrease of 1.20% compared to the end of the previous year[12] - The company’s total net assets attributable to shareholders increased by 1.84% to CNY 5,195,948,437.55 compared to the previous year[12] - Total liabilities decreased to CNY 6.66 billion from CNY 6.90 billion, showing a reduction of approximately 3.4%[36] - The company's total assets as of March 31, 2019, were CNY 11.83 billion, down from CNY 11.98 billion, a decline of about 1.2%[36] - Total liabilities decreased to CNY 13,149,988.13 from CNY 13,934,266.71, indicating a reduction of approximately 5.6%[42] - Current liabilities reached ¥3,165,309,389.75, while total liabilities were ¥6,896,634,300.01[69] - Non-current liabilities totaled CNY 3.79 billion, slightly up from CNY 3.73 billion, reflecting an increase of about 1.5%[36] Cash Flow - Net cash flow from operating activities was CNY 336,455,443.57, down 19.13% year-on-year[12] - Cash flow from operating activities for Q1 2019 was CNY 336,455,443.57, down from CNY 416,053,311.80 in Q1 2018, a decrease of about 19.2%[56] - The net cash flow from operating activities for Q1 2019 was -2,163,167.42 RMB, compared to -1,941,249.25 RMB in Q1 2018[61] - The total cash outflow from investment activities was 450,542,809.87 RMB, a decrease from 649,152,895.43 RMB year-over-year[58] - The net cash flow from financing activities was -225,206,943.73 RMB, down from -411,293,163.57 RMB in the previous year[58] Shareholder Information - The total number of shareholders at the end of the period was 45,379, with the largest shareholder holding 57.33% of the shares[14] - The company's equity totaled CNY 2,864,777,944.96, a slight increase from CNY 2,856,556,594.06[42] - Shareholders' equity totaled ¥5,078,444,522.89, with total equity attributable to the parent company at ¥5,101,863,545.04[69] Investment and Subsidiaries - The company established Sujin Energy Holdings Co., Ltd. in collaboration with Jiangsu Guoxin Co., Ltd. and three other companies, with a total investment of RMB 570 million, and holds a 9.5% stake[24] - Investment income increased compared to the same period last year, attributed to the improved operational performance of the company's associate, Shanxi Ningwu Yushupo Coal Industry Co., Ltd.[23] - The company reported investment income of CNY 6,278,736.40, up from CNY 4,201,883.80 in the same quarter last year, marking a growth of 49.4%[46] Other Financial Metrics - The company received government subsidies amounting to CNY 2,115,084.92, which are closely related to its normal business operations[12] - The company reported a decrease in prepaid accounts, mainly due to the settlement of prepaid coal payments by its wholly-owned subsidiary, Shanxi Sunshine Power Co., Ltd.[19] - The company’s cash paid for debt repayment decreased compared to the same period last year, mainly due to a reduction in bank loans repaid during the reporting period[23] - The company’s other comprehensive income decreased compared to the beginning of the period, primarily due to adjustments made to retained earnings in accordance with new financial instrument standards[22]