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甘肃能源(000791) - 2020 Q2 - 季度财报
GEPICGEPIC(SZ:000791)2020-08-07 16:00

Financial Performance - The company's operating revenue for the reporting period was ¥942,685,543.32, a decrease of 6.73% compared to ¥1,010,748,977.27 in the same period last year[23]. - The net profit attributable to shareholders of the listed company was ¥193,572,884.32, down 1.33% from ¥196,183,151.35 in the previous year[23]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥193,037,447.49, a decrease of 1.27% compared to ¥195,511,239.51 last year[23]. - The net cash flow from operating activities was ¥524,886,462.85, down 20.81% from ¥662,855,506.73 in the same period last year[23]. - The basic earnings per share were ¥0.1424, a decrease of 1.32% from ¥0.1443 in the previous year[23]. - The diluted earnings per share were also ¥0.1424, reflecting a 1.32% decrease compared to ¥0.1443 last year[23]. - The weighted average return on net assets was 2.98%, down from 3.23% in the previous year, a decrease of 0.25%[23]. - Total assets at the end of the reporting period were ¥18,715,195,297.50, a decrease of 1.40% from ¥18,980,246,723.88 at the end of the previous year[23]. - The net assets attributable to shareholders of the listed company were ¥6,458,438,283.92, an increase of 0.90% from ¥6,400,735,848.15 at the end of the previous year[23]. Operational Highlights - The company achieved a total electricity generation of 3.746 billion kWh in the first half of 2020, a slight increase of 0.27% compared to 3.719 billion kWh in the same period last year[40]. - The company's total assets at the end of the reporting period were CNY 18.715 billion, a decrease of 1.40% year-on-year[40]. - The company's net assets attributable to shareholders increased by 0.90% to CNY 6.458 billion[40]. - The electricity industry accounted for 100% of the total operating revenue, with electricity products generating ¥941,293,427.41, also reflecting a 6.73% decrease year-on-year[45]. - Gross profit margin for the electricity industry was 44.98%, down by 1.73% from the previous year[48]. - Major subsidiaries contributed significantly to net profit, with notable performances from companies like Jiuhui Wind Power, which generated a net profit of ¥75,092,801.85[57]. Cash Flow and Liquidity - The company reported a decrease in cash flow from operating activities by 20.81% to CNY 524 million due to a decline in revenue[44]. - The company's cash and cash equivalents decreased by 133.27% to CNY -218 million, primarily due to increased bank loan repayments[44]. - Cash and cash equivalents decreased to ¥668,468,130.83, down 2.18% from ¥1,122,859,918.23 at the end of the previous year[51]. - Total current assets reached approximately ¥2.48 billion, up from ¥2.45 billion[186]. - The company has no overdue debts[171]. Debt and Financing - The company plans to issue bonds totaling up to CNY 1 billion to meet funding needs, which has been approved by the Shenzhen Stock Exchange[40]. - The company issued bonds with a total balance of 700 million yuan and an interest rate of 4.23%[157]. - The funds raised from the bond issuance were used to repay bank loans and supplement working capital, with a remaining balance of 1.28 million yuan as of June 30, 2020[161]. - The credit rating for the company's bonds has consistently been rated AAA with a stable outlook by Dagong Global Credit Rating Co., Ltd. since 2015[162][163][164]. - The company has established a complete guarantee system to ensure the timely repayment of bond principal and interest, including a special repayment account and a communication mechanism with the bond trustee[168]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 51,108[136]. - Gansu Electric Power Investment Group Co., Ltd. holds 62.54% of the shares, totaling 850,331,727 shares[136]. - The second largest shareholder, Chongqing Urban Construction Investment (Group) Co., Ltd., holds 0.85% of the shares, totaling 11,532,466 shares[136]. - The company did not experience any changes in its controlling shareholder during the reporting period[143]. - There were no changes in the actual controller of the company during the reporting period[144]. Environmental and Social Responsibility - The company is committed to improving its environmental protection capabilities in response to stricter ecological policies[66]. - The company has implemented green development principles and improved environmental protection measures[114]. - The company has completed various poverty alleviation projects, including housing relocation for impoverished families[115]. - The company actively engages in community support and poverty alleviation initiatives, including direct assistance to households[116]. - The company provided financial support of 100,000 yuan for the cultural square project in Yaozhai Village[119]. Governance and Compliance - The company’s independent directors have submitted their annual reports, reflecting on governance and oversight[22]. - The company is undergoing a continuous risk assessment related to its financial dealings with Gansu Electric Power Investment Group[27]. - The company has not reported any non-operating related party debts during the reporting period[91]. - The company has not recognized any management income from entrusted projects during the reporting period[97]. - There were no significant legal disputes or arbitration matters during the reporting period[78].