NMHD(SH:600863)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 6,019,045,622.49, representing a 9.72% increase compared to CNY 5,485,918,422.40 in the same period last year[4]. - Net profit attributable to shareholders for Q1 2023 was CNY 861,209,969.34, a significant increase of 73.24% from CNY 496,199,736.69 in the previous year[4]. - The net profit after deducting non-recurring gains and losses was CNY 850,247,416.10, reflecting a 73.17% increase from CNY 490,082,059.39 year-on-year[5]. - Basic earnings per share for Q1 2023 were CNY 0.127, up 76.39% from CNY 0.071 in the previous year[5]. - The company achieved a total profit of RMB 122.73 million, an increase of 68.40% year-on-year[13]. - Net profit reached RMB 107.17 million, up 65.06% compared to the previous year[13]. - The total comprehensive income for Q1 2023 was ¥1,089,924,960.72, compared to ¥679,317,999.38 in Q1 2022, an increase of 60.5%[22]. Cash Flow - Cash flow generated from operating activities reached CNY 1,316,149,880.00, marking a 78.50% increase compared to CNY 737,342,825.28 in the same period last year[5]. - The net cash flow from operating activities for Q1 2023 was CNY 1,316,149,880, an increase of 78.5% compared to CNY 737,342,825 in Q1 2022[24]. - Total cash inflow from operating activities reached CNY 6,232,707,969, up from CNY 5,341,844,333, reflecting a growth of 16.5%[24]. - Cash outflow for operating activities was CNY 4,916,558,089, compared to CNY 4,604,501,508, marking an increase of 6.8%[24]. - The company reported a net cash flow from financing activities of -CNY 899,583,838.62, worsening from -CNY 570,405,989.41 in the previous year[25]. Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 40,514,995,564.80, a 0.90% increase from CNY 40,154,240,488.21 at the end of the previous year[5]. - The total liabilities decreased from CNY 9,667,416,925.95 at the end of 2022 to CNY 8,922,162,985.79 as of March 31, 2023[28]. - The total equity increased from CNY 15,219,309,761.18 in Q1 2022 to CNY 16,650,567,863.17 in Q1 2023, reflecting a growth of about 9.4%[29]. - The total assets increased from CNY 24,886,725,687.13 in Q1 2022 to CNY 25,572,730,848.96 in Q1 2023, marking an increase of approximately 2.8%[29]. Operational Highlights - The increase in operating revenue and net profit was primarily driven by higher sales volumes and prices in the power generation and coal segments[10]. - Power generation amounted to 14.57 billion kWh, representing a year-on-year increase of 1.70%[14]. - Coal production increased by 92.05% year-on-year, with external sales rising by 158.25%[14]. - The average selling price of electricity was RMB 378.73 per MWh, an increase of RMB 6.72 per MWh, or 1.81% year-on-year[14]. Research and Development - Research and development expenses for Q1 2023 were ¥2,379,907.12, slightly higher than ¥2,289,716.98 in Q1 2022, reflecting a 3.9% increase[20].