吉电股份(000875) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was CNY 3,509,973,908.43, representing a 40.81% increase compared to CNY 2,492,675,340.07 in the same period last year[7] - Net profit attributable to shareholders was CNY 425,590,985.66, up 61.55% from CNY 263,439,783.62 year-on-year[7] - The basic earnings per share increased to CNY 0.20, a 66.67% rise from CNY 0.12 in the previous year[7] - Total operating revenue increased by 1,017.30 million yuan, a growth of 40.81% mainly driven by new energy project revenues[20] - Net profit increased by 163.61 million yuan, a growth of 46.10% attributed to new energy project revenues[21] - Total profit increased by 166.64 million yuan, a growth of 41.45% mainly due to new energy project revenues[21] - Unallocated profits increased by 425.59 million yuan, a growth of 670.42% due to increased revenues from new energy projects[20] - Basic earnings per share for Q1 2021 were CNY 0.20, compared to CNY 0.12 in the same period last year, an increase of 66.7%[52] Assets and Liabilities - Total assets at the end of the reporting period were CNY 57,990,899,527.27, reflecting a 3.39% increase from CNY 56,090,328,496.14 at the end of the previous year[7] - The company's total assets increased to CNY 28,517,407,348.52 from CNY 26,070,878,837.77, representing an increase of 9.4%[49] - The company's total liabilities decreased to CNY 43.98 billion from CNY 44.79 billion, a reduction of about 1.81%[44] - The total liabilities decreased slightly to CNY 19,260,556,622.66 from CNY 19,630,430,451.67, a reduction of 1.9%[49] - The company's equity increased to CNY 9,256,850,725.86 from CNY 6,440,448,386.10, reflecting a significant increase of 43.5%[49] - The company's inventory decreased to CNY 135.06 million from CNY 289.74 million, a decline of about 53.38%[40] - The company's current assets totaled CNY 10.15 billion as of March 31, 2021, compared to CNY 9.05 billion at the end of 2020, representing an increase of about 12.23%[40] Cash Flow - Cash flow from operating activities was CNY 801,205,700.04, showing a slight increase of 0.89% compared to CNY 794,169,257.18[7] - Cash inflow from operating activities increased by 1,004.06 million yuan, a growth of 59.80% mainly due to increased power generation revenue[23] - Cash outflow from operating activities increased by 997.02 million yuan, a growth of 112.67% primarily due to increased cash costs[23] - The total cash inflow from operating activities was ¥2,683,161,062.81, compared to ¥1,679,103,050.71 in the previous period, marking a growth of 59.83%[57] - Cash received from operating activities was ¥1,079,284,568.95, down from ¥2,290,520,135.68 in the previous period[60] Investment and Financing - The company reported a significant increase in non-current asset disposal gains of CNY 198,070.86, primarily due to the disposal of machinery and vehicles[8] - The company received government subsidies amounting to CNY 724,067.80, mainly from land use tax refunds and industrial support[8] - Investment income increased by 19.99 million yuan, a growth of 1,848,602.53% due to recognition of investment income from Guangxi Guodian Investment Overseas Energy Co., Ltd.[20] - The company reported investment income of CNY 19,993,033.70, a significant recovery from a loss of CNY 1,081.58 in the previous year[50] - The company raised ¥7,733,911,287.59 from financing activities, compared to ¥4,920,506,993.00 in the previous period, showing a growth of 56.00%[58] - The net cash flow from financing activities was ¥677,834,442.27, a turnaround from a negative cash flow of -¥300,870,494.48 in the previous period[58] Other Financial Metrics - The company has no non-operating fund occupation by controlling shareholders or related parties during the reporting period[35] - Research and development expenses for the quarter amounted to CNY 681,327.91, indicating ongoing investment in innovation[50] - The company reported a significant increase in short-term borrowings, which stood at CNY 9.30 billion, down from CNY 9.55 billion, a decrease of about 2.61%[43] - The company has implemented new leasing standards without retrospective adjustments[68] - The first quarter report was not audited[69]