深圳能源(000027) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was CNY 3,575,983,677.75, a decrease of 9.81% compared to CNY 3,965,103,979.43 in the same period last year[4] - Net profit attributable to shareholders was CNY 209,786,202.18, down 42.99% from CNY 367,990,620.04 year-on-year[4] - Basic earnings per share decreased to CNY 0.0529, down 43.00% from CNY 0.0928 in the same period last year[4] - Net profit attributable to shareholders decreased by 42.99% year-on-year, mainly due to reduced electricity sales and declines in the fair value of trading financial assets[12] - The company's net profit for the current period is -¥162,237,961.95, compared to -¥112,944,366.58 in the previous period, indicating a worsening performance[37] - The total comprehensive income for the current period is -¥670,748,745.64, a significant decline from ¥1,878,161,355.14 in the previous period[38] Cash Flow - The net cash flow from operating activities was CNY 920,843,044.53, representing a decline of 48.00% compared to CNY 1,770,994,700.03 in the previous year[4] - The net cash flow from operating activities decreased to CNY 920.84 million, compared to CNY 1.77 billion in the same period last year, a decline of about 48.0%[40] - Cash inflow from financing activities surged to CNY 13.47 billion, up from CNY 5.10 billion in Q1 2019, marking an increase of approximately 164.3%[41] - The net cash flow from financing activities was CNY 9.31 billion, a significant improvement from a negative CNY 454.01 million in Q1 2019[41] - Cash outflow from investment activities totaled CNY 3.07 billion, up from CNY 2.02 billion in the previous year, indicating a rise of about 52.3%[40] - The net cash flow from investing activities decreased by 113.84% year-on-year, mainly due to external investments and asset acquisitions[12] Assets and Liabilities - Total assets increased by 10.54% to CNY 106,242,266,286.70 from CNY 96,112,048,125.27 at the end of the previous year[4] - Current liabilities totaled CNY 34.39 billion, slightly higher than CNY 33.26 billion from the previous year, marking an increase of about 3.4%[28] - The company's total liabilities reached CNY 72.86 billion, up from CNY 62.53 billion, which is an increase of approximately 16.5%[29] - The total non-current assets reached CNY 78.29 billion, up from CNY 76.56 billion, indicating an increase of about 2.3%[26] - Total liabilities rose to CNY 40,891,364,284.65 in Q1 2020, compared to CNY 31,700,117,109.65 in Q1 2019, marking an increase of 28.9%[31] Shareholder Information - The top shareholder, Shenzhen State-owned Assets Supervision and Administration Commission, holds 47.82% of the shares[7] - The company has a total of 104,962 ordinary shareholders as of the end of the reporting period[7] - The equity attributable to shareholders of the parent company was CNY 29.83 billion, a decrease from CNY 30.09 billion, reflecting a decline of about 0.9%[28] Government Support and Fair Value Changes - The company received government subsidies amounting to CNY 31,000,751.13 during the reporting period[5] - The company reported a fair value loss of CNY 32,511,156.18 from trading financial assets and derivatives[5] - The initial investment cost for domestic and foreign stocks amounted to 4,880,984,114.70 CNY, with a fair value change loss of -35,333,316.98 CNY during the reporting period[18] Investment Performance - Investment income rose by 124.03% year-on-year, attributed to improved operating performance of joint ventures[12] - The company reported an investment income of CNY 48,144,135.67 in Q1 2020, compared to CNY 21,490,394.78 in the same period last year, indicating a significant increase[33] - The investment in Huatai Insurance Group Co. showed a fair value increase of 57,609,715.15 CNY, with an ending balance of 79,649,715.15 CNY[19] Other Financial Metrics - The company has a total of 200,000,000 CNY in bank wealth management products, with no overdue amounts[21] - The company's inventory as of March 31, 2020, was CNY 900.26 million, a slight decrease from CNY 944.01 million, reflecting a decline of about 4.6%[25] - Research and development expenses are reported at ¥3,694.86, significantly lower than ¥41,664.18 in the previous period, indicating reduced investment in R&D[36]