甘肃能源(000791) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥355,986,841.79, representing a 3.18% increase compared to ¥345,010,727.56 in the same period last year[3]. - The net profit attributable to shareholders for Q1 2023 was -¥42,558,219.99, a decrease of 54.58% from -¥27,531,930.99 in the previous year[3]. - The net cash flow from operating activities increased by 12.50% to ¥168,370,918.55 from ¥149,658,266.25 year-on-year[3]. - The company reported a 30.58% decrease in investment income to ¥17,782,064.27 from ¥25,614,004.97 in the previous year[7]. - The total comprehensive income for the current period was ¥-44,406,893.58, compared to ¥-22,636,539.74 in the previous period, reflecting a decline of approximately 96.1%[84]. - The basic and diluted earnings per share were both ¥-0.0266, compared to ¥-0.0203 in the previous period, indicating a decrease of approximately 31.5%[84]. Assets and Liabilities - Total assets at the end of Q1 2023 were ¥21,489,954,255.01, down 1.62% from ¥21,843,031,663.35 at the end of the previous year[3]. - The company's cash and cash equivalents decreased by 24.11% to ¥1,315,537,985.32 from ¥1,733,418,453.38 at the beginning of the year[7]. - Total liabilities decreased from ¥12,466,889,646.74 to ¥12,149,290,447.96, a reduction of approximately 2.5%[69]. - The company's total assets decreased from ¥21,843,031,663.35 to ¥21,489,954,255.01, reflecting a decline of about 1.6%[69]. - Current liabilities decreased from $4.05 billion to $3.08 billion, a reduction of about 23.9%[46]. - Non-current liabilities increased from $8.42 billion to $9.07 billion, an increase of approximately 7.7%[38]. Cash Flow - The net cash flow from operating activities was -5,517,538.78 RMB, compared to -3,054,771.50 RMB in the previous period, indicating a decline in operational cash generation[89]. - The net cash flow from investing activities was -217,405,327.77 RMB, significantly worse than -24,169,677.77 RMB in the prior period, reflecting increased investment outflows[91]. - The net cash flow from financing activities was -29,520,750.00 RMB, compared to -20,467,500.00 RMB previously, showing a higher cash outflow related to financing[91]. - The total cash and cash equivalents at the end of the period stood at 1,033,623,089.49 RMB, down from 59,391,287.87 RMB at the end of the previous period[91]. - The cash inflow from operating activities was 1,350,877.29 RMB, a significant increase from 517,514.78 RMB in the last period[89]. Operational Metrics - The total power generation for the reporting period was 3.67 billion kWh, an increase from 2.63 billion kWh in the same period last year, representing an increase of 39.5%[14]. - The average on-grid electricity price decreased to ¥43,887,866.85 per billion kWh from ¥46,238,259.22, a decline of 7.3%[14]. - The average utilization hours of power plants decreased to 386.27 hours from 415.54 hours, a decline of 7.0%[29]. - The total installed capacity increased to 283.84 million kW from 259.49 million kW, reflecting a growth of 9.4%[29]. - The planned installed capacity of projects under construction decreased to 65.00 million kW from 90.00 million kW, a reduction of 27.8%[29]. Investment and Financing Activities - The company issued ¥500 million of new green medium-term notes during the reporting period, resulting in a 101.03% increase in bonds payable to ¥1,007,743,835.61[7]. - The company plans to use the proceeds from a non-public offering of shares, totaling ¥1.2 billion, for the construction of several renewable energy projects[11]. - The company received 500,000,000.00 RMB in borrowings during the financing activities, which was a new source of cash inflow[91]. - Cash outflow from investment activities totaled ¥535,436,200.62, significantly higher than ¥333,263,735.13 in the prior period, indicating an increase of approximately 60.8%[111]. Employee and Management Expenses - The company reported a significant reduction in employee compensation payable from ¥48.41 million to ¥19.12 million, a decrease of approximately 60.6%[46]. - Management expenses increased from ¥2,942,935.93 to ¥3,259,030.71, an increase of approximately 10.7%[84]. - Financial expenses surged from ¥237,122.93 to ¥4,591,175.94, marking an increase of about 1831.5%[84].