长源电力(000966) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥2,049,777,794.19, representing a 23.32% increase compared to ¥1,662,228,020.92 in the same period last year[7]. - Net profit attributable to shareholders was ¥221,842,432.88, a significant increase of 322.78% from ¥52,472,619.97 in the previous year[7]. - The net profit after deducting non-recurring gains and losses reached ¥217,281,498.62, up 351.73% from ¥48,099,510.52 year-on-year[7]. - Basic earnings per share were ¥0.2002, a 323.26% increase compared to ¥0.0473 in the previous year[7]. - Net profit for Q1 2019 reached CNY 233,023,204.55, reflecting a significant increase of 296.40% compared to the previous year, attributed to higher total profit[20]. - Operating profit for the current period was ¥308,685,366.55, significantly higher than ¥83,851,104.36 in the previous period, reflecting a growth of 267.5%[55]. - The company reported a total comprehensive income of ¥233,023,204.55 for the current period, compared to ¥58,784,719.54 in the previous period, indicating a significant increase[61]. Cash Flow - The net cash flow from operating activities was ¥335,554,567.41, marking a 264.21% increase from ¥92,131,868.92 in the same quarter last year[7]. - Cash flow from operating activities for Q1 2019 was CNY 335,554,567.41, an increase of 264.21% year-on-year, mainly due to higher cash receipts from electricity sales[21]. - The cash inflow from operating activities totaled CNY 2,442,304,475.34, an increase of 26.5% compared to CNY 1,930,314,103.26 in the previous period[64]. - The net cash flow from operating activities was CNY 335,554,567.41, significantly up from CNY 92,131,868.92 in the prior period, marking a growth of 264.5%[64]. - Cash outflow for purchasing goods and services was CNY 1,246,234,514.47, down 12% from CNY 1,414,423,391.49 in the previous period[64]. - The total cash and cash equivalents at the end of the period amounted to CNY 420,956,512.63, compared to CNY 126,280,964.03 in the previous period[68]. Assets and Liabilities - Total assets at the end of the reporting period were ¥9,664,184,033.69, reflecting a 3.22% increase from ¥9,362,569,250.81 at the end of the previous year[7]. - The company's total assets increased significantly, with other equity instrument investments rising to CNY 723,397,387.89, a 100% increase due to adjustments in reporting standards[18]. - Total liabilities decreased from CNY 5,797,737,167.13 to CNY 5,724,699,307.57, a reduction of approximately 1.26%[43]. - Current liabilities totaled CNY 3,811,029,105.64, down from CNY 3,892,683,489.29, reflecting a decrease of about 2.08%[43]. - Non-current liabilities increased slightly from CNY 1,905,053,677.84 to CNY 1,913,670,201.93, an increase of approximately 0.61%[43]. - Total equity rose from CNY 3,564,832,083.68 to CNY 3,939,484,726.12, marking an increase of about 10.52%[45]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 49,537[11]. - The company completed a merger with China Shenhua Energy Company, changing its controlling shareholder to State Energy Investment Group[28]. Operational Metrics - The company completed a total power generation of 5.457 billion kWh in the reporting period, marking a 23.1% increase year-on-year[25]. - The company's management expenses increased by 41.23% to CNY 22,734,887.03, primarily due to inconsistent salary payment schedules compared to the previous year[20]. - Research and development expenses decreased to ¥291,553.71 from ¥1,023,042.14, a reduction of 71.5%[53]. Compliance and Standards - The company reported no violations regarding external guarantees during the reporting period[34]. - There were no significant non-operating fund occupations by controlling shareholders or related parties[35]. - The company has not engaged in any securities or derivative investments during the reporting period[32][33]. - The implementation of new financial instrument standards began in 2019, affecting the accounting policies[74].