京能热力(002893) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was CNY 652,854,539.78, representing a 3.25% increase compared to CNY 632,286,205.54 in the same period last year[4] - Net profit attributable to shareholders for Q1 2023 was CNY 169,739,081.48, an increase of 18.20% from CNY 143,603,802.72 year-on-year[4] - Net profit for Q1 2023 was CNY 171,572,428.76, up 18.6% from CNY 144,671,442.85 in Q1 2022[20] - Earnings per share for Q1 2023 was CNY 0.84, compared to CNY 0.71 in the previous year, reflecting a growth of 18.3%[21] - Total operating costs decreased to CNY 443,017,668.16 from CNY 469,182,514.76, representing a reduction of approximately 5.6%[20] Cash Flow and Liquidity - The net cash flow from operating activities improved by 26.75%, reaching CNY -180,501,482.46 compared to CNY -246,426,267.10 in the previous year[4] - Total cash inflow from operating activities was 169,189,697.04 yuan, compared to 128,389,403.09 yuan in the previous period, representing a 31.8% increase[24] - Cash outflow for purchasing goods and services was 289,804,913.42 yuan, down from 321,098,113.11 yuan, showing a decrease of 9.7%[24] - The ending balance of cash and cash equivalents was 120,972,833.38 yuan, significantly up from 41,644,555.45 yuan in the previous period[24] - The company reported a total cash of RMB 120,972,833.38, a decrease from RMB 294,546,461.74 in the previous period[17] Assets and Liabilities - Total assets decreased by 7.88% to CNY 1,908,205,023.51 from CNY 2,071,523,208.04 at the end of the previous year[4] - Total liabilities decreased to CNY 1,067,075,707.98 from CNY 1,401,966,321.27, a reduction of about 23.8%[19] - The company's equity attributable to shareholders increased to CNY 833,376,344.38 from CNY 663,637,262.90, marking a growth of 25.6%[19] - The company’s total current assets amounted to RMB 800,338,151.61, down from RMB 919,860,306.71, a decrease of approximately 12.9%[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 18,963, with the largest shareholder holding 21.24% of the shares[9] - The company’s major shareholder structure includes significant stakes held by Zhao Yibo and Beijing Energy Group, with Zhao Yibo holding 21.24% of the total shares[10] Operational Changes - The company changed its name from "Beijing Huayuan Yitong Thermal Technology Co., Ltd." to "Beijing Jingneng Thermal Co., Ltd." effective April 11, 2023[12] - The company plans to issue A-shares to specific investors, with the proposal approved in meetings held on February 24 and March 13, 2023[13] - The Shenzhen Stock Exchange accepted the application for the issuance of A-shares on March 28, 2023[14] - The company received an inquiry letter from the Shenzhen Stock Exchange regarding the A-share issuance application on April 10, 2023[14] Expense Management - Management expenses decreased by 44.51% year-on-year, attributed to enhanced budget control and reduced non-production costs[7] - Research and development expenses for Q1 2023 were CNY 2,406,648.71, slightly up from CNY 2,355,114.30 in the previous year[20] Investment Activities - The company reported a 100.00% decrease in investment income, as there were no related transactions in the current period compared to the previous year[7] - The cash inflow from investment activities was only 946.00 yuan, a significant drop from 7,130,000.00 yuan in the previous period[24] - The cash outflow for investment activities was 5,221,148.25 yuan, down from 41,590,573.53 yuan, indicating a decrease of 87.5%[24] Accounts Receivable and Inventory - Accounts receivable increased by 30.85% as of March 31, 2023, due to the recognition of heating fees following the end of the heating season[6] - Accounts receivable increased to RMB 389,959,885.29 from RMB 298,022,371.62, indicating a growth of approximately 30.7%[17] - Inventory decreased to RMB 46,800,608.47 from RMB 69,394,719.19, reflecting a decline of about 32.4%[17]