华电B股(900937) - 2019 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 20.12% to CNY 144,664,978.50 year-on-year[8] - Operating revenue decreased by 5.62% to CNY 2,958,715,306.07 compared to the same period last year[8] - Net profit for Q1 2019 was ¥171,586,338.69, a decline of 16.5% compared to ¥205,664,021.69 in Q1 2018[28] - Earnings per share for Q1 2019 were ¥0.07, down from ¥0.09 in Q1 2018[28] - The company reported a net loss of ¥2,165,659,811.04, an improvement from a loss of ¥2,310,324,789.54 at the end of 2018[20] - The total comprehensive income for Q1 2019 was ¥72.50 million, a decrease of 41% from ¥122.76 million in Q1 2018[31] Assets and Liabilities - Total assets decreased by 3.52% to CNY 24,247,874,010.33 compared to the end of the previous year[8] - Total liabilities decreased to ¥22,221,927,464.82 from ¥23,284,498,842.45 at the end of 2018[20] - Current assets decreased to ¥3,669,357,253.10 from ¥4,206,184,442.33 at the end of 2018[18] - The company's total assets amounted to CNY 25,133,116,932.06 as of January 1, 2019[39] - Total liabilities were reported at CNY 23,284,498,842.45, indicating a high leverage ratio[40] - The company's current liabilities totaled CNY 14,670,738,182.58, reflecting a significant portion of total liabilities[40] Cash Flow - Net cash flow from operating activities increased by 278.31% to CNY 565,455,673.30 year-on-year[8] - Cash flow from operating activities for Q1 2019 was ¥565.46 million, significantly up from ¥149.47 million in Q1 2018[33] - Cash inflow from financing activities was CNY 985,010,000.00, down 58.6% from CNY 2,376,858,779.87 in the same period last year[36] - The company reported a net cash outflow of CNY 480,539,073.91 for the quarter, compared to a smaller outflow of CNY 9,758,235.76 in the previous year[36] Investment and Income - Investment income increased by 941.09% to ¥22,150,916.16, mainly due to increased profits from the associate Shenyang Jinshan Energy Co., Ltd.[15] - Non-operating income decreased by 94.07% to ¥1,303,340.31, primarily due to the collection of overdue heating fees from Heilongjiang Xingchen Thermal Development Co., Ltd. in the previous year[15] - The company reported an investment income of ¥22,150,916.16 for Q1 2019, significantly up from ¥2,127,666.99 in Q1 2018[27] Shareholder Information - The number of shareholders reached 185,829, with 121,415 A-share and 64,414 B-share holders[12] Other Financial Metrics - The weighted average return on net assets increased by 1.23 percentage points to 8.78%[8] - Asset impairment losses decreased by 100% to zero, primarily due to the recovery of previously accrued bad debts from Harbin Third Power Plant[15] - The company has a long-term debt of CNY 6,420,837,981.52, which may affect future cash flows and financial stability[44]