电投能源(002128) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥6,843,970,382.32, a decrease of 4.57% compared to ¥7,171,528,574.94 in the same period last year[3] - Net profit attributable to shareholders was ¥1,617,411,584.81, representing an increase of 6.96% from ¥1,512,095,465.70 year-on-year[3] - Net profit for the current period is ¥1,739,296,671.39, down 9.5% from ¥1,922,358,420.81 in the previous period[14] - Operating profit decreased to ¥2,045,315,194.64 from ¥2,275,744,457.50, a decline of 10.1%[14] - Basic earnings per share increased to ¥0.81 from ¥0.79, reflecting a growth of 2.53%[15] Cash Flow - The net cash flow from operating activities decreased by 29.43% to ¥1,351,633,950.48, down from ¥1,915,421,976.86 in the previous year[3] - Cash flow from operating activities generated ¥1,351,633,950.48, down 29.4% from ¥1,915,421,976.86 in the previous period[16] - The net cash flow from investing activities was -1,184,749,861.42 CNY, indicating a significant outflow compared to -353,794,273.72 CNY in the previous period[17] - The net cash flow from financing activities was 4,118,435,214.00 CNY, a substantial increase from 225,723,651.26 CNY in the prior period[17] - The company reported a cash increase of 4,285,317,422.41 CNY during the quarter, compared to an increase of 1,787,351,317.17 CNY in the previous year[17] Assets and Liabilities - Total assets at the end of the reporting period reached ¥48,941,611,628.59, an increase of 16.19% from ¥42,120,916,882.50 at the end of the previous year[3] - The company's total liabilities reached RMB 15.75 billion, compared to RMB 14.81 billion at the beginning of the year, showing an increase of about 6.3%[12] - The equity attributable to shareholders of the parent company increased to RMB 29.24 billion, up from RMB 23.49 billion, representing a growth of approximately 24.6%[12] - Total current assets increased to RMB 13.46 billion, up from RMB 7.43 billion, marking a growth of approximately 81.1%[11] - The company's long-term borrowings decreased to RMB 8.06 billion from RMB 8.28 billion, reflecting a reduction of about 2.7%[12] Receivables and Inventory - Accounts receivable increased by 77.27% to ¥2,708,747,764.48, mainly due to an increase in coal receivables[5] - Accounts receivable rose to RMB 2.71 billion, compared to RMB 1.53 billion at the start of the year, reflecting an increase of about 77.2%[10] - The company reported a significant increase in inventory, which stood at RMB 1.52 billion, down from RMB 1.80 billion, indicating a decrease of approximately 14.5%[11] Expenses - Total operating costs decreased to ¥4,801,347,191.71 from ¥4,875,132,407.74, reflecting a reduction of 1.5%[13] - Tax expenses decreased to ¥309,573,596.82 from ¥348,086,084.29, a reduction of 11.0%[14] - Financial expenses decreased significantly to ¥55,677,289.35 from ¥92,065,427.17, a reduction of 39.5%[14] - Research and development expenses amounted to ¥1,942,330.82, indicating ongoing investment in innovation[13] Other Financial Metrics - The company's investment income for the period was ¥26,355,545.56, a significant increase of 1937.49% year-on-year, attributed to higher profits from an associated company[7] - The weighted average return on equity decreased to 6.13%, down from 7.13% in the previous year, reflecting a decline of 1.00%[3] - The company's short-term borrowings increased by 105.16% to ¥1,030,910,461.12, primarily for financing structure adjustments and payment of advances[5] Audit Status - The company did not undergo an audit for the first quarter report[18]