晋控电力(000767) - 2020 Q1 - 季度财报

Financial Performance - Operating revenue for Q1 2020 was ¥2,794,794,164.21, a decrease of 5.96% compared to ¥2,972,049,865.58 in the same period last year[7] - Net profit attributable to shareholders was ¥81,370,228.29, an increase of 733.91% from ¥9,757,704.34 year-on-year[7] - Net profit attributable to shareholders after deducting non-recurring gains and losses was ¥66,164,093.51, a significant increase of 4,894.43% compared to -¥1,380,021.45 in the previous year[7] - Basic and diluted earnings per share were both ¥0.0264, representing a 725.00% increase from ¥0.0032 year-on-year[7] - The net profit for the first quarter was CNY 84,822,022.40, a significant increase from CNY 8,228,059.25 in the same period last year, reflecting a strong recovery[39] - The total comprehensive income for the quarter was CNY 84,822,022.40, compared to CNY 8,228,059.25 in the same period last year, indicating a strong overall performance[40] Cash Flow - Net cash flow from operating activities was ¥398,186,051.28, down 53.95% from ¥864,747,586.85 in the same period last year[7] - Total cash inflow from operating activities is ¥2,494,907,681.13, down 22.5% from ¥3,222,823,462.07 in the previous period[47] - Cash outflow from operating activities totals ¥2,096,721,629.85, a decrease of 11.1% from ¥2,358,075,875.22 in the previous period[47] - Cash flow from investing activities shows a net outflow of ¥854,933,470.62, compared to a net outflow of ¥1,595,850,201.67 in the previous period[48] - Cash inflow from financing activities is ¥4,784,531,965.40, an increase of 9.9% from ¥4,352,327,235.96 in the previous period[48] - The net cash flow from financing activities is ¥774,332,700.94, reversing from a net outflow of ¥705,127,941.78 in the previous period[48] Assets and Liabilities - Total assets at the end of the reporting period were ¥52,599,396,836.94, an increase of 3.27% from ¥50,935,982,708.41 at the end of the previous year[7] - Total liabilities increased to CNY 20,154,297,716.63 from CNY 18,849,213,901.10, reflecting a rise in both current and non-current liabilities[37] - The total amount of deferred income was CNY 190,778,960.15, which may impact future revenue recognition[55] - Total liabilities reached CNY 42,947,291,778.44, with current liabilities at CNY 24,960,465,223.58 and non-current liabilities at CNY 17,986,826,554.86[55] Shareholder Information - The company reported a total of 123,355 shareholders at the end of the reporting period[9] - The largest shareholder, Datong Coal Mine Group, held 29.43% of the shares, totaling 905,653,810 shares[9] - The total equity attributable to shareholders rose to CNY 7,695,398,573.17 from CNY 7,614,028,344.88, reflecting a positive trend in shareholder value[34] Operational Metrics - Accounts receivable as of March 31, 2020, decreased by 74.20% to ¥58,013,642.40 due to maturity[17] - Prepayments increased by 237.06% to ¥181,206,285.69, primarily due to increased advance payments for fuel and materials[17] - The company reported a decrease in inventory to CNY 137,415,614.57 from CNY 143,580,814.27, suggesting improved inventory management[35] - The company has ongoing construction projects valued at CNY 7,306,984,573.73, indicating future growth potential[52] Tax and Expenses - Income tax expenses rose by 2260.31% to ¥18,715,908.62, driven by increased profitability[18] - The company's tax expenses were CNY 18,715,908.62, compared to CNY 792,943.66 in the previous year, reflecting the improved profitability[39] - The financial expenses for the quarter were CNY 421,804,171.29, down from CNY 447,070,357.82, with interest expenses decreasing from CNY 437,036,647.96 to CNY 401,995,955.96[39] Future Outlook - The company aims to continue expanding its market presence and enhancing its investment strategies to sustain growth in the upcoming quarters[39]