XINJI ENERGY(SH:601918)2021-04-29 16:00Financial Performance - Net profit attributable to shareholders of the listed company was CNY 485,295,151.01, representing a significant increase of 1,295.01% year-on-year[8]. - Operating revenue for the first quarter was CNY 2,747,527,208.88, up 58.29% from CNY 1,735,716,412.86 in the same period last year[8]. - The company's coal sales and electricity generation significantly increased in Q1 2021, contributing to improved financial performance[14]. - The total profit for Q1 2021 was CNY 707,172,318.64, compared to CNY 207,422,646.99 in Q1 2020, reflecting an increase of approximately 240%[30]. - The net profit for Q1 2021 reached CNY 529,092,501.09, compared to CNY 77,264,632.81 in Q1 2020, reflecting a substantial increase of approximately 585%[31]. - The profit attributable to shareholders of the parent company was CNY 485,295,151.01, a significant rise from CNY 34,787,916.79 in the same period last year, marking an increase of around 1,396%[31]. - Earnings per share (EPS) for Q1 2021 was CNY 0.187, compared to CNY 0.013 in Q1 2020, showing a remarkable growth of approximately 1,362%[31]. Cash Flow - The net cash flow from operating activities was CNY 1,101,088,998.88, a substantial recovery from a negative cash flow of CNY -110,428,219.41 in the previous year[8]. - Cash flow from operating activities was CNY 3,274,367,432.89, compared to CNY 2,027,838,174.00 in Q1 2020, representing an increase of about 62%[33]. - Total cash inflow from operating activities reached CNY 3,328,059,959.70, up from CNY 2,038,949,471.46 in the same period last year, indicating a growth of approximately 63.3%[35]. - Cash outflow for operating activities was CNY 2,226,970,960.82, slightly higher than CNY 2,149,377,690.87 in Q1 2020, reflecting an increase of about 3.6%[35]. - Cash flow from financing activities in Q1 2021 was -233.60 million CNY, a decrease from 626.61 million CNY in the same period last year, due to reduced borrowing[16]. - The net cash flow from financing activities was negative at CNY -233,604,942.66, contrasting with a positive net flow of CNY 626,611,324.92 in Q1 2020[36]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 29,029,912,285.40, an increase of 1.98% compared to the end of the previous year[8]. - The total liabilities amounted to CNY 20,759,980,128.99, showing a slight decrease from CNY 20,765,208,036.29 in the previous period[26]. - The company's total liabilities and equity reached CNY 29,029,912,285.40, up from CNY 28,466,757,956.56, reflecting an increase of approximately 2.0%[26]. - The total current liabilities included accounts payable of CNY 1,365,690,623.02 and other payables of CNY 1,072,092,548.31[47]. - The company's non-current liabilities totaled CNY 10,616,587,289.87, compared to CNY 9,733,141,142.56 in the previous period, indicating an increase of approximately 9.1%[26]. Inventory and Expenses - Inventory decreased by 45.41% to CNY 135,411,500.00, attributed to increased coal sales during the reporting period[13]. - Management expenses in Q1 2021 amounted to 228.16 million CNY, up 101.36% year-on-year, primarily due to increased wage expenses and operational costs[14]. - The company's tax and surcharges increased by 109.71% to CNY 11,708,980.00, reflecting the significant rise in operating revenue[13]. - The company reported a tax expense of CNY 178,079,817.55 for the quarter, up from CNY 130,158,014.18 in the previous year, indicating an increase of about 37%[30]. Shareholder Information - The number of shareholders at the end of the reporting period was 135,150, with the largest shareholder holding 30.31% of the shares[10]. - The company's total equity attributable to shareholders rose to CNY 7,472,542,049.80, up from CNY 6,947,957,163.74, reflecting an increase of about 7.6%[26].