赣能股份(000899) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was CNY 651,643,761.95, representing a 15.91% increase compared to CNY 562,181,613.41 in the same period last year[9] - Net profit attributable to shareholders for Q1 2019 reached CNY 84,886,630.48, a significant increase of 275.40% from CNY 22,612,045.57 in the previous year[9] - The net profit after deducting non-recurring gains and losses was CNY 83,872,363.18, up 286.77% from CNY 21,685,612.08 year-on-year[9] - Basic earnings per share for Q1 2019 were CNY 0.0870, a 275.00% increase compared to CNY 0.0232 in the previous year[9] - Operating profit surged by 357.71% to ¥106,007,222.43 from ¥23,160,153.30, attributed to higher electricity sales and lower coal unit costs[25] - Total operating revenue for the current period reached ¥651,643,761.95, an increase from ¥562,181,613.41 in the previous period, representing a growth of approximately 15.9%[51] - Net profit for the current period was ¥84,886,630.48, significantly higher than ¥22,612,045.57 in the previous period, reflecting an increase of approximately 275.5%[51] - The total comprehensive income for the period was 84,886,630.48 CNY, compared to 22,612,045.57 CNY in the previous period, indicating a significant increase[57] - Basic and diluted earnings per share for the current period were both 0.0870 CNY, up from 0.0232 CNY in the previous period[57] Cash Flow - The net cash flow from operating activities was CNY 224,066,328.66, reflecting a 16.13% increase from CNY 192,948,805.53 in the same quarter last year[9] - Cash inflow from operating activities was 727,766,082.88 CNY, a decrease from 753,057,098.66 CNY in the previous period[59] - Net cash flow from operating activities was 224,066,328.66 CNY, compared to 192,948,805.53 CNY in the previous period, showing an improvement[59] - Cash inflow from investment activities was 499,556,593.72 CNY, up from 401,580,926.89 CNY in the previous period[65] - Net cash flow from investment activities was -732,554,272.90 CNY, worsening from -316,171,196.74 CNY in the previous period[65] - Cash inflow from financing activities was 340,000,000.00 CNY, compared to 150,000,000.00 CNY in the previous period[65] - Net cash flow from financing activities was -228,929,825.83 CNY, compared to 22,103,980.51 CNY in the previous period[68] - The ending cash and cash equivalents balance was 429,012,719.46 CNY, up from 64,681,591.39 CNY in the previous period[68] Assets and Liabilities - Total assets at the end of the reporting period were CNY 7,445,819,930.40, a decrease of 1.77% from CNY 7,579,889,157.29 at the end of the previous year[9] - Total liabilities decreased to ¥2,703,851,239.11 from ¥2,922,807,096.48, representing a reduction of approximately 7.5%[50] - The company's equity attributable to shareholders increased to ¥4,741,968,691.29 from ¥4,657,082,060.81, marking an increase of about 1.8%[50] Shareholder Information - The top ten shareholders include Jiangxi Investment Group with a 39.36% stake and Guotou Electric Power Holding Co., Ltd. with a 33.72% stake[14] - The company reported no significant changes in shareholder relationships or agreements among the top ten shareholders during the reporting period[17] Other Financial Metrics - The weighted average return on net assets was 1.81%, an increase of 1.31% compared to 0.50% in the same period last year[9] - Cash and cash equivalents decreased by 63.22% to ¥429,012,719.46 from ¥1,166,430,489.53 due to the purchase of structured bank products using initial fundraising[25] - The company reported a 150.51% increase in taxes payable to ¥62,316,870.55 from ¥24,875,624.36, mainly due to increased corporate income tax and VAT[25] - The company has no significant non-operating fund occupation by controlling shareholders or related parties during the reporting period[30] - Research and development expenses were not specified, indicating a focus on innovation and potential new product development[54] - The company reported a significant increase in employee compensation liabilities, rising to ¥9,684,811.03 from ¥7,642,286.91, which is an increase of approximately 27%[47] - The company’s financial expenses totaled ¥27,055,056.85, slightly down from ¥27,361,960.81 in the previous period, indicating a decrease of about 1.1%[54] - The investment income for the current period was ¥23,220,714.32, down from ¥25,664,188.68 in the previous period, reflecting a decrease of approximately 9.5%[54] Project Updates - The company is actively working on the resumption of the Fengdian Phase III project, which is currently on hold, with one remaining support document pending[26] Audit Information - The report for the first quarter was not audited[69]