中绿电(000537) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 873,727,134.50, representing a 10.35% increase compared to CNY 791,751,689.09 in the same period last year[4]. - The net profit attributable to shareholders was CNY 234,595,264.45, a significant increase of 73.25% from CNY 135,410,397.02 year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 234,145,856.15, up 75.55% from CNY 133,379,780.84 in the previous year[4]. - Basic earnings per share were CNY 0.13, an increase of 85.71% from CNY 0.07 in the previous year[4]. - The weighted average return on equity was 1.41%, an increase of 0.67 percentage points compared to 0.74% in the previous year[4]. - The total comprehensive income for Q1 2023 was ¥265,541,702.22, up from ¥170,113,662.35 in the same period last year, reflecting a growth of 56.1%[27]. Cash Flow - The net cash flow from operating activities reached CNY 557,242,971.71, marking a 105.00% increase compared to a negative cash flow of CNY 11,142,486,900.09 in the same period last year[4]. - Cash inflows from operating activities for Q1 2023 totaled ¥820,964,090.26, a decrease of 28.4% from ¥1,146,747,201.52 in Q1 2022[29]. - The net cash flow from operating activities for Q1 2023 was ¥557,242,971.71, a significant recovery from a net outflow of -¥11,142,486,900.09 in Q1 2022[29]. - The ending cash and cash equivalents balance for Q1 2023 was ¥4,682,938,871.73, down from ¥6,283,192,639.27 at the end of Q1 2022[30]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 37,651,924,731.66, a slight increase of 0.30% from CNY 37,540,550,375.51 at the end of the previous year[4]. - Total current assets rose to ¥10,789,449,758.14, an increase of 3.2% from ¥10,453,496,321.09 at the start of the year[25]. - Total liabilities decreased to ¥19,695,971,226.73, down from ¥19,859,278,827.94 at the beginning of the year, reflecting a reduction of 0.8%[25]. - Total equity increased to ¥17,955,953,504.93, up from ¥17,680,436,946.64, marking a growth of 1.6%[25]. Operational Highlights - Total power generation reached 2.161 billion kWh, a growth of 22.02% year-on-year, with wind power generation at 1.825 billion kWh, up 22.98%[12]. - The company completed 2.096 billion kWh of grid-connected power, reflecting a 23.59% increase from the previous year[12]. - The average utilization hours for wind power were 547 hours, an increase of 13.02% year-on-year[12]. - The company successfully acquired the Gansu Jinta 700,000 kW multi-energy complementary project as part of its resource expansion strategy[13]. Dividends and Shareholder Returns - A cash dividend of 1.00 RMB per 10 shares was proposed, totaling 186.25 million RMB for the 2022 profit distribution[19]. Accounting and Policy Changes - The company has implemented changes in accounting policies to better reflect its financial status and operating results, which are not expected to have a significant impact on its financial condition[4]. Future Plans - The company plans to expand its market presence and explore potential mergers and acquisitions to enhance growth opportunities[26].