韶能股份(000601) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥1,210,081,936.48, representing a 24.83% increase compared to ¥969,372,506.73 in the same period last year[10] - The net profit attributable to shareholders was ¥34,071,932.02, a decrease of 57.39% from ¥79,968,031.89 year-on-year[10] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥24,598,181.24, down 47.48% from ¥46,835,698.35 in the previous year[10] - The net cash flow from operating activities was ¥34,673,675.28, a decline of 34.40% compared to ¥52,852,863.04 in the same period last year[10] - Basic and diluted earnings per share were both ¥0.032, down 56.76% from ¥0.074 in the previous year[10] - The total profit decreased by 56.21% to RMB 46,976,460.30, attributed to decreased rainfall affecting hydropower generation[16] - The company reported a net cash flow from operating activities of ¥34,673,675.28, down from ¥52,852,863.04 in Q1 2020[34] - The company’s total profit for Q1 2021 was ¥46,976,460.30, a decrease of 56.3% from ¥107,276,551.04 in Q1 2020[31] Assets and Liabilities - Total assets at the end of the reporting period were ¥12,522,764,295.43, a decrease of 1.16% from ¥12,669,178,944.36 at the end of the previous year[10] - The company's current assets totaled CNY 2,800,370,184.39, down from CNY 2,949,749,093.25, indicating a decrease of about 5.06%[28] - The total liabilities decreased to CNY 7,458,262,575.04 from CNY 7,612,087,580.40, reflecting a reduction of approximately 2.02%[28] - The company's cash and cash equivalents were CNY 325,825,653.00, down from CNY 483,756,648.45, a decline of about 32.66%[28] - The total assets of the company as of January 1, 2021, were 12,673,095,614.12 RMB, reflecting a minor adjustment of 3,916,669.76 RMB due to the new leasing standards[39] - The total liabilities as of January 1, 2021, amounted to 7,616,004,250.16 RMB, with a slight increase attributed to the new leasing liabilities[43] Cash Flow - Cash and cash equivalents decreased by RMB 150,443,655.03, a decline of 213.97% compared to the previous year, primarily due to increased project investment expenditures[17] - The company reported a net cash flow from investment activities of -41,173,959.70 RMB, a significant decline from 277,228,903.99 RMB in Q1 2020[37] - The company recorded cash outflows from financing activities of 30,291,737.57 RMB in Q1 2021, compared to 116,346,601.54 RMB in Q1 2020, indicating a 74.0% reduction in cash outflows[37] Expenses and Costs - The company reported an increase in sales expenses by 42.83% to RMB 13,590,720.17, primarily due to the exclusion of certain gas stations from consolidation[15] - The company’s financial expenses increased by 22.76% to RMB 0.12 billion, due to the cessation of interest capitalization for biomass power generation projects[17] - The company achieved a reduction in thermal consumption and average plant electricity rate for biomass power generation by 4.24 and 9.62 percentage points year-on-year, respectively[20] - The company reduced cash costs by 2.0268 million yuan through waste reduction and cost control measures[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 54,417[13] - The net assets attributable to shareholders at the end of the reporting period were ¥4,733,223,503.76, an increase of 0.73% from ¥4,699,152,884.48 at the end of the previous year[10] - The total equity attributable to shareholders of the parent company rose to CNY 4,733,223,503.76 from CNY 4,699,152,884.48, an increase of about 0.72%[28] Future Outlook - The company anticipates gradual improvement in its ecological paper tableware export business as global vaccination efforts progress[18] - The company anticipates a significant change in net profit compared to the same period last year, with a warning issued regarding potential losses[22] - The company identified 26 technical progress and management innovation projects for 2021 to promote high-quality development in manufacturing[20]