Financial Performance - The company's operating revenue for Q1 2019 was ¥1,265,349,314.55, representing a 6.11% increase compared to ¥1,192,535,547.74 in the same period last year[3] - Net profit attributable to shareholders decreased by 19.23% to ¥150,458,505.61 from ¥186,291,156.63 year-on-year[3] - Basic earnings per share fell by 19.26% to ¥0.0658 from ¥0.0815 in the same period last year[3] - The company reported a net profit increase, with undistributed profits rising to CNY 2,141,413,713.68 from CNY 2,012,547,579.51, an increase of approximately 6.4%[23] - Total operating revenue for the current period reached ¥1,265,349,314.55, an increase from ¥1,192,535,547.74 in the previous period, representing a growth of approximately 6.1%[24] - Total operating costs amounted to ¥1,095,404,650.74, up from ¥975,557,090.70, indicating an increase of about 12.3%[24] - Net profit for the current period was ¥150,682,123.52, down from ¥186,487,321.09, reflecting a decrease of approximately 19.2%[25] - Operating profit decreased to ¥171,860,949.37 from ¥217,255,105.78, a decline of approximately 21%[25] - The total profit for the current period was ¥172,841,963.29, down from ¥217,327,450.65, a decrease of about 20.5%[25] - Total comprehensive income for the period was CNY 128,866,134.17, compared to CNY 177,143,517.93 in the previous period, reflecting a decrease[29] - Basic and diluted earnings per share were both CNY 0.0563, down from CNY 0.0775 in the previous period[29] Cash Flow and Liquidity - The net cash flow from operating activities was negative at ¥44,878,777.56, a decline of 128.30% compared to ¥158,572,061.45 in the previous year[3] - Cash inflow from operating activities totaled CNY 771,823,842.35, a decrease from CNY 1,010,802,068.75 in the previous period[31] - Net cash outflow from operating activities was CNY -44,878,777.56, compared to a net inflow of CNY 158,572,061.45 in the previous period[31] - Cash inflow from investment activities was CNY 371,660,170.58, with a net cash outflow of CNY -3,203,429.42, compared to CNY -14,595,293.36 in the previous period[32] - Cash inflow from financing activities was CNY 100,000,000.00, down from CNY 200,000,000.00 in the previous period[35] - Net cash outflow from financing activities was CNY -173,300,549.98, compared to CNY -102,856,258.33 in the previous period[35] - The ending cash and cash equivalents balance was CNY 2,290,214,443.35, down from CNY 2,088,680,539.49 in the previous period[35] - The net increase in cash and cash equivalents was negative at approximately -¥221.38 million, a decline of 638.38% compared to the previous year[9] Assets and Liabilities - Total assets at the end of the reporting period were ¥9,997,275,579.30, down 1.31% from ¥10,130,108,005.72 at the end of the previous year[3] - Total assets decreased to approximately ¥9.997 billion from ¥10.130 billion at the end of the previous year[17] - Total liabilities decreased to CNY 2,483,242,124.38 from CNY 2,829,042,233.44, a reduction of approximately 12.2% year-over-year[19] - Current liabilities totaled CNY 2,170,939,920.69, down from CNY 2,508,518,295.58, representing a decrease of about 13.4%[19] - Long-term liabilities totaled CNY 312,302,203.69, down from CNY 320,523,937.86, a decrease of about 2.7%[19] - Cash and cash equivalents decreased to CNY 2,290,214,443.35 from CNY 2,533,525,701.90, a decline of approximately 9.6%[20] - Accounts receivable increased to CNY 2,142,627,692.07 from CNY 1,914,884,028.33, an increase of about 11.9%[20] - Inventory decreased to CNY 174,087,986.50 from CNY 230,972,141.36, a reduction of approximately 24.6%[21] - Accounts receivable increased by 181.18% from the beginning of the year, reaching approximately ¥813.08 million due to increased customer debts[9] - Inventory decreased by 34.93% compared to the beginning of the year, totaling approximately ¥211.03 million[9] - Short-term borrowings decreased by 35.42% to ¥310 million, reflecting repayment of maturing loans[9] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 45,850[6] - The largest shareholder, Jingyuan Coal Industry Group Co., Ltd., held 46.42% of the shares[6] - The company did not engage in any repurchase transactions during the reporting period[7] Operational Highlights - The company reported coal production of 2.3375 million tons and sales of 2.5868 million tons during the reporting period[10] - The company reported non-operating income of ¥1,660,170.58 from trading financial assets and derivatives[4] - Financial expenses rose by 32.03% year-on-year, amounting to approximately ¥4.24 million, due to reduced interest income[9] - Asset impairment losses surged by 414.09% to approximately ¥24.24 million, attributed to increased accounts receivable and corresponding bad debt provisions[9] - Cash paid for purchasing goods and services increased by 39.99% year-on-year, totaling approximately ¥190.62 million[9] - The company achieved an investment income of approximately ¥1.66 million from maturing financial products[9] Reporting and Governance - The first quarter report was not audited[36] - The company has not applied the new financial instruments, revenue, and leasing standards adjustments[36] - The chairman of the board is Yang Xianchun[36] - The report was issued on April 30, 2019[36] - There are no retrospective adjustments for prior comparative data under the new standards[36] - The company is Gansu Jingyuan Coal and Electricity Co., Ltd.[36] - The financial report does not include any specific performance metrics or user data[36] - There are no mentions of new products, technologies, market expansion, or mergers and acquisitions in the report[36] - The report does not provide future outlook or performance guidance[36] - The company is in the coal and electricity sector[36]
甘肃能化(000552) - 2019 Q1 - 季度财报