京能热力(002893) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was CNY 596,575,861.52, representing a 2.51% increase compared to CNY 581,980,692.45 in the same period last year[7] - Net profit attributable to shareholders increased by 22.50% to CNY 151,317,731.39 from CNY 123,528,356.46 year-on-year[7] - Basic earnings per share rose by 21.31% to CNY 0.74, compared to CNY 0.611 in the previous year[7] - The weighted average return on equity improved to 22.22%, up by 4.55% from 17.67% in the same period last year[7] - The net profit for Q1 2021 was CNY 152,784,754.49, representing an increase of 23.6% from CNY 123,528,356.46 in Q1 2020[41] - The total profit for Q1 2021 was CNY 173,830,618.02, which is an increase of 20.1% from CNY 144,877,060.84 in the same quarter last year[40] - The operating profit for Q1 2021 was CNY 174,481,889.20, compared to CNY 144,870,790.45 in Q1 2020, reflecting an increase of 20.4%[40] - The total comprehensive income for Q1 2021 was CNY 152,784,754.49, an increase of 23.6% from CNY 123,528,356.46 in the same period last year[41] Assets and Liabilities - Total assets decreased by 4.77% to CNY 2,090,498,272.27 from CNY 2,195,207,708.31 at the end of the previous year[7] - Total assets decreased to CNY 1,662,574,015.41 from CNY 1,911,031,111.32[36] - Total liabilities decreased to CNY 1,049,955,134.20 from CNY 1,405,220,628.16[36] - Total liabilities amounted to CNY 1,584,428,826.55, a decrease of CNY 6,145,845.95 compared to the previous period[56] - The total non-current liabilities amounted to CNY 363,911,997.82, a decrease of CNY 1,757,008.61 compared to the previous period[56] - The company's equity attributable to shareholders rose to CNY 756,702,558.00 from CNY 605,384,826.22[33] Cash Flow - The net cash flow from operating activities improved by 6.06%, reaching CNY -215,067,905.84 compared to CNY -228,918,446.14 in the previous year[7] - The net cash flow from operating activities was -111,591,105.05 yuan, compared to -219,206,036.45 yuan in the previous period, showing an improvement[53] - The total cash inflow from operating activities was 226,201,899.19 yuan, slightly down from 228,195,419.40 yuan in the previous period[52] - The company reported a total cash flow net decrease of -185,246,567.71 yuan, compared to -238,002,809.10 yuan in the previous period[53] Shareholder Information - The total number of common shareholders at the end of the reporting period was 34,727[12] - The top shareholder, Zhao Yibo, holds 27.93% of the shares, amounting to 57,265,346 shares, with a portion pledged[12] Operational Costs and Expenses - Total operating costs decreased to CNY 426,965,136.01 from CNY 436,008,921.49, with operating costs specifically down from CNY 404,584,255.74 to CNY 394,731,724.53[39] - Research and development expenses decreased by 36.65% compared to the same period last year, mainly due to the completion of previous R&D projects[16] - Research and development expenses decreased to CNY 3,196,083.98 from CNY 5,044,821.60[39] - The company’s research and development expenses for Q1 2021 were CNY 2,908,025.87, down 29.2% from CNY 4,109,827.74 in Q1 2020[44] Investment and Financing Activities - The company plans to raise up to CNY 250 million through a non-public offering of shares to fund projects related to heating technology upgrades and repay bank loans[17] - The company reported a significant decrease in investment income by 87.49% compared to the same period last year, mainly due to a reduction in purchased financial products[16] - The company reported a significant increase in investment income to CNY 131,511.90 from CNY 1,051,508.46[39] - Net cash flow from financing activities increased by 544.99% compared to the same period last year, primarily due to new financing lease borrowings[16] Other Financial Metrics - Cash and cash equivalents decreased by 70.95% as of March 31, 2021, compared to December 31, 2020, primarily due to energy purchases for the heating season and daily operational expenses[16] - Cash and cash equivalents decreased significantly from CNY 268,607,618.22 to CNY 77,433,566.94[34] - The company recorded other income of CNY 3,902,152.67 in Q1 2021, down from CNY 5,284,850.07 in Q1 2020, indicating a decrease of 26.2%[45] - The company reported a significant reduction in credit impairment losses, which were CNY 3,815,884.90 in Q1 2021, compared to a loss of CNY 7,773,852.90 in Q1 2020[45]