吉电股份(000875) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥2,294,132,117.42, representing a 14.13% increase compared to ¥2,010,094,532.63 in the same period last year[10] - Net profit attributable to shareholders was ¥160,692,111.45, up 15.04% from ¥139,679,727.64 year-on-year[10] - The net profit after deducting non-recurring gains and losses was ¥165,555,585.95, a significant increase of 36.24% from ¥121,517,656.41 in the previous year[10] - Basic and diluted earnings per share were both ¥0.0749, reflecting a 15.05% increase from ¥0.0651 in the previous year[10] - Operating profit for the current period was ¥265,780,914.12, a significant increase of 56.06% from ¥170,330,859.02 in the previous period[81] - Net profit for the current period was ¥233,854,937.00, representing a 40.19% increase compared to ¥166,794,923.02 in the previous period[81] - The company reported financial expenses of ¥302,161,384.64, an increase of 20.66% from ¥250,466,513.84 in the previous period[78] - The company’s total profit for the current period was ¥265,812,720.68, an increase of 50.53% from ¥176,575,697.29 in the previous period[81] Cash Flow and Liquidity - The net cash flow from operating activities reached ¥963,065,528.49, marking a 95.39% increase compared to ¥492,902,404.88 in the same period last year[10] - Operating cash flow net amount increased to ¥963,065,528.49, up from ¥492,902,404.88 in the previous period, representing a growth of approximately 95.2%[95] - Total cash inflow from operating activities reached ¥1,853,446,048.85, compared to ¥1,547,372,308.66 in the prior period, indicating an increase of about 19.7%[95] - Cash outflow from operating activities decreased to ¥890,380,520.36 from ¥1,054,469,903.78, a reduction of approximately 15.5%[95] - The ending balance of cash and cash equivalents was ¥650,061,846.06, down from ¥1,002,169,975.81 in the previous period, a decrease of approximately 35.1%[98] - Cash received from tax refunds increased by 150.73% to CNY 6.76 million, mainly due to an increase in VAT refunds[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥39,682,904,118.82, a slight decrease of 0.18% from ¥39,753,012,006.25 at the end of the previous year[10] - Total liabilities decreased from 29,408,814,773.45 to 29,051,951,949.02, a reduction of approximately 1.22%[64] - Current liabilities decreased from 13,963,426,137.31 to 11,840,347,857.24, a decrease of about 15.2%[64] - Long-term borrowings increased from 11,799,718,401.72 to 13,811,695,781.04, an increase of approximately 17%[64] - Total non-current assets decreased to CNY 34,093,235,408.11 from CNY 34,315,823,057.15, a decline of about 0.65%[61] - Total current assets amounted to CNY 5,589,668,710.71, an increase from CNY 5,437,188,949.10 at the end of 2018[58] Inventory and Receivables - Inventory increased by 33.02% to CNY 121.64 million, driven by increased fuel stock due to improved coal supply conditions[24] - Accounts receivable increased to CNY 3,836,914,616.27 from CNY 3,360,743,457.98, reflecting a growth of about 14.2%[58] - Inventory rose to CNY 121,639,407.72, up from CNY 91,447,071.22, indicating a growth of approximately 32.9%[58] Government Support and Subsidies - The company received government subsidies amounting to ¥207,075.00 during the reporting period, primarily related to asset support[10] Taxation - Tax expenses for the first quarter of 2019 rose by 226.74% to CNY 31.96 million, reflecting an increase in total profit[25] - Tax expenses for the current period amounted to ¥31,957,783.68, compared to ¥9,780,774.27 in the previous period, reflecting a significant increase[81] Other Financial Metrics - The weighted average return on equity was 2.15%, an increase of 0.26% from 1.89% year-on-year[10] - The company reported a total comprehensive income of -¥1,780,232.27, compared to -¥7,111,567.35 in the previous period, indicating a significant improvement[94] - The company has no securities or derivative investments during the reporting period[49][50] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[53]