晋控电力(000767) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥2,972,049,865.58, representing a 10.07% increase compared to ¥2,700,037,725.30 in the same period last year[9] - Net profit attributable to shareholders was ¥9,757,704.34, a significant turnaround from a loss of ¥342,950,886.80 in the previous year, marking a 102.85% improvement[9] - Basic and diluted earnings per share improved to ¥0.0032 from a loss of ¥0.1115, reflecting a 102.85% increase[9] - The weighted average return on equity rose to 0.13% from -4.86%, an increase of 4.99 percentage points[9] - Net profit for the current period was ¥8,228,059.25, a significant recovery from a net loss of ¥421,671,621.79 in the previous period[66] - The company reported a total profit of ¥9,021,002.91, recovering from a total loss of ¥423,937,184.37 in the previous period[66] - The total comprehensive income for the period was -99,455,216.19, compared to -215,692,545.05 in the previous period, indicating an improvement[76] Cash Flow - The net cash flow from operating activities increased by 82.09% to ¥864,747,586.85 from ¥474,890,389.62 year-on-year[9] - Cash inflow from operating activities totaled 3,222,823,462.07, up from 2,762,108,701.29 in the previous period, reflecting a growth of approximately 16.6%[80] - Cash inflow from financing activities was 4,352,327,235.96, compared to 3,653,640,488.77 in the previous period, representing an increase of about 19.1%[83] - The ending balance of cash and cash equivalents was 1,506,901,793.24, down from 2,828,476,392.79 in the previous period, reflecting a decrease of about 46.3%[83] - The company received cash from borrowing amounting to 3,849,320,000.00, an increase from 3,393,230,488.77 in the previous period, indicating a stronger reliance on debt financing[83] - The cash outflow for operating activities totaled 2,358,075,875.22, compared to 2,287,218,311.67 in the previous period, reflecting a rise of approximately 3.1%[80] Assets and Liabilities - Total assets at the end of the reporting period were ¥50,211,730,032.25, a slight decrease of 0.35% from ¥50,388,527,840.85 at the end of the previous year[9] - Current liabilities increased, with short-term borrowings rising to ¥7,747,703,306.40 from ¥7,049,703,306.40 at the end of 2018[45] - The total liabilities decreased from 42,325,019,069.70 to 42,075,276,507.68, a reduction of approximately 0.59%[48] - The total owner's equity increased from 8,063,508,771.15 to 8,071,736,830.40, reflecting a growth of about 0.10%[51] - The company's total current assets decreased from 11,405,220,135.99 to 10,641,533,486.67, a decline of about 6.68%[55] Investments and Income - Long-term equity investments rose by 81.42% to ¥2,623,111,680.61, primarily due to new investments in Caofeidian Power Company[22] - Investment income from joint ventures and associates was ¥4,414,400.00, down from ¥8,819,600.00 in the previous period, indicating a decline of approximately 50%[70] - Other income increased by 134.54% to ¥9,028,263.33, mainly due to increased government subsidies compared to the previous year[24] - Operating income from non-operating activities surged by 1398.19% to ¥13,308,029.54, driven by increased rewards from the power grid company[24] Tax and Financial Expenses - Cash paid for various taxes increased by 76.58% to ¥182,779,748.04, due to higher operating income leading to increased VAT and environmental tax payments[25] - Tax expenses increased to ¥33,499,804.70 from ¥27,771,534.42, which is an increase of about 20.5%[62] - Financial expenses increased to ¥447,070,357.82 from ¥383,309,145.74, marking an increase of about 16.67%[62] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 136,221, with the largest shareholder holding 28.87%[12] - The company did not engage in any repurchase transactions during the reporting period[17] Government Support - The company received government subsidies amounting to ¥9,028,263.33 during the reporting period[9] Miscellaneous - The first quarter report was not audited[104] - The company has no significant influence from equity investments in the financial statements[103] - The report includes adjustments for the new financial instruments and leasing standards[104]