建投能源(000600) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for the current period was ¥5,351,108,359.40, a decrease of 1.41% compared to ¥5,427,831,175.76 in the same period last year [26]. - The net profit attributable to shareholders of the listed company was -¥141,043,175.46, representing a decline of 302.57% from ¥69,625,715.69 in the previous year [26]. - The net profit after deducting non-recurring gains and losses was -¥149,391,784.76, a decline of 351.48% compared to ¥59,404,921.16 in the previous year [26]. - The company reported a loss per share of -¥0.079, a decrease of 302.56% from earnings of ¥0.039 per share in the previous year [26]. - Net profit for the current period is a loss of ¥211,832,393.39, compared to a profit of ¥115,638,288.79 in the previous period [42]. - Total operating revenue for the current period is ¥5,351,108,359.40, a decrease of 1.4% from ¥5,427,831,175.76 in the previous period [41]. - Total operating costs increased to ¥5,557,536,295.52, up 5.2% from ¥5,284,244,143.02 in the previous period [41]. Cash Flow and Liquidity - The net cash flow from operating activities improved to -¥749,325,414.65, a 24.66% increase compared to -¥994,651,546.79 in the same period last year [31]. - The net cash flow from investing activities was -¥350,662,423.33, a decrease of 58.27% compared to -¥221,557,054.75 in the previous year [31]. - The net cash flow from financing activities surged to ¥2,806,158,515.34, a significant increase of 12,746.85% from ¥21,843,163.78 in the previous year [31]. - The company's cash and cash equivalents increased by 132.60% to ¥2,961,623,157.54 from ¥1,273,252,480.18 due to concentrated extraction of low-interest loans [28]. - Cash flow from operating activities totaled ¥5,308,916,668.01, an increase from ¥4,579,229,652.64 in the previous period [53]. - The company reported a net increase in cash and cash equivalents of ¥1,706,170,677.36, compared to a decrease of ¥1,194,365,437.76 in the previous period [46]. - Cash and cash equivalents at the end of the period increased to ¥2,948,993,362.16, compared to ¥2,369,104,487.97 in the previous period [46]. Assets and Liabilities - Total accounts receivable decreased by 72.58% to ¥125,577,699.60 due to reduced electricity bill settlements [10]. - Prepayments increased by 22.08% to ¥1,039,960,004.87, attributed to higher fuel prepayments [10]. - Long-term borrowings rose by 36.54% to ¥16,017,727,700.34 due to new loans [10]. - Contract liabilities decreased by 74.02% to ¥211,161,077.20 as advance heating fees were recognized as revenue [10]. - Other current assets increased by 95.53% to ¥458,959,737.61, driven by an increase in deductible input tax [10]. - The total liabilities increased to ¥27,141,872,602.40 from ¥24,148,562,729.42, indicating a growth in financial obligations [20]. - The company's total equity decreased to ¥12,221,554,806.97 from ¥12,393,611,440.26, reflecting a decline in retained earnings [21]. - The company's total assets reached RMB 39.363 billion at the end of the quarter, up from RMB 36.542 billion at the beginning of the year [39]. - Current assets totaled RMB 8.462 billion, compared to RMB 6.578 billion at the start of the year [38]. - The company’s total liabilities were RMB 29.194 billion, up from RMB 27.174 billion at the beginning of the year [39]. Research and Development - Research and development expenses surged by 1,104.47% to ¥176,564,928.77 as the company increased its investment in R&D [10]. - Research and development expenses surged to ¥176,564,928.77, a significant increase from ¥14,659,096.84 in the previous period [41]. Investments and Acquisitions - The company completed the acquisition of 100% equity in Hebei Jianhao Photovoltaic Technology Co., Ltd. for ¥205,193,200 [15]. - The company approved an investment of RMB 800 million to increase capital in its subsidiary, Hebei Jiantou Guorong Energy Service Co., Ltd. [36]. - Investment income improved by 145.16% to ¥8,836,797.14, reflecting higher profits from associated companies [10]. - Investment income for the current period is ¥8,836,797.14, a recovery from a loss of ¥19,568,114.72 in the previous period [42]. Operational Metrics - In Q1 2023, the company generated a total electricity output of 10.511 billion kWh, a year-on-year decrease of 1.86% [35]. - The average on-grid settlement price for electricity was RMB 400.00 per MWh, an increase of 2.94% year-on-year [35]. - The average comprehensive standard coal price was RMB 1,046.75 per ton, reflecting an increase of 8.23% year-on-year [35]. - The average utilization hours of generating units were 1,149 hours, a decrease of 22 hours year-on-year [35]. - The company reported accounts receivable of RMB 2.460 billion, an increase from RMB 2.294 billion at the beginning of the year [38].