绿色动力(601330) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue rose by 38.83% to CNY 350,721,904.33 year-on-year[10] - Net profit attributable to shareholders increased by 18.59% to CNY 95,362,539.54 compared to the same period last year[10] - Basic and diluted earnings per share remained stable at CNY 0.08[10] - The company's operating revenue for the reporting period was CNY 350,721,904.33, an increase of 38.83% compared to the same period last year, primarily due to the increase in operational projects[22] - Total revenue for Q1 2019 reached ¥350,721,904.33, a 38.8% increase from ¥252,628,459.82 in Q1 2018[36] - Net profit for Q1 2019 was ¥95,411,966.58, up 18.6% from ¥80,416,702.03 in Q1 2018[36] Assets and Liabilities - Total assets increased by 7.98% to CNY 11,541,457,348.86 compared to the end of the previous year[10] - The total assets of the company as of March 31, 2019, were CNY 11,541,457,348.86, compared to CNY 10,689,006,481.90 at the end of the previous year[30] - The total liabilities increased to CNY 8,326,512,714.14 from CNY 7,616,409,357.20 at the end of the previous year[30] - Total current assets amounted to CNY 1,446,049,475.52, with a slight adjustment of -CNY 159,575.00[52] - Total non-current liabilities amounted to CNY 4,825,853,344.88, with an increase of CNY 9,586,633.45[54] Cash Flow - Net cash flow from operating activities was negative at CNY -149,748,420.35, worsening from CNY -53,239,822.81 in the previous year[10] - Cash inflow from operating activities totaled ¥335,580,643.73, down from ¥366,601,214.47 in the previous year, indicating a decline of about 8.5%[42] - The net cash flow from investing activities was -¥648,664,892.61, compared to -¥303,163,620.18 in Q1 2018, indicating a larger cash outflow[45] - Cash inflow from financing activities was ¥883,459,227.48, an increase from ¥698,084,830.99 in the previous year, representing a growth of approximately 26.5%[45] Shareholder Information - The total number of shareholders at the end of the period was 42,296[18] - The largest shareholder, Beijing State-owned Assets Management, held 43.16% of shares[18] Operating Costs and Expenses - The company's operating costs reached CNY 173,307,660.13, up 69.57% year-on-year, attributed to the increase in operational projects and major repair expenses[22] - Financial expenses increased by 43.69% year-on-year to CNY 70,209,074.94, primarily due to the rise in borrowings[22] - Operating costs for Q1 2019 were ¥287,507,938.41, a 57.5% increase from ¥182,419,071.02 in Q1 2018[36] Other Income and Gains - Non-recurring gains and losses totaled CNY 21,738,887.01 for the period[14] - Other income rose significantly by 125.87% to CNY 45,722,841.58, mainly due to a CNY 20 million environmental reward received by Tianjin Green Power Environmental Energy Co., Ltd.[22] - The company reported other income of ¥45,722,841.58, significantly higher than ¥20,242,573.99 in the previous year, marking a 126.1% increase[36] Accounting Policies - The company changed its accounting policy for renewable energy subsidy income effective January 1, 2019, impacting previous years' financials positively[13] - The company confirmed the recognition of right-of-use assets and lease liabilities under the new leasing standards[60] - The company did not apply the new financial instruments standards or the new leasing standards for retrospective adjustments to prior comparative data[61]