2024-04-23 10:32Financial Performance - The company's operating revenue for Q1 2024 was CNY 65,366,884,717, representing a year-on-year increase of 0.15%[4] - Net profit attributable to shareholders was CNY 4,596,138,134, a significant increase of 104.25% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 4,377,496,954, up 117.98% year-on-year[4] - Basic earnings per share were CNY 0.25, an increase of 150.00% compared to the previous year[5] - Net profit for Q1 2024 was ¥5.84 billion, significantly up from ¥2.46 billion in Q1 2023, marking an increase of 137.5%[19] - The total equity attributable to shareholders increased to ¥136.28 billion in Q1 2024 from ¥132.14 billion in Q1 2023, an increase of 3.2%[19] Cash Flow - The net cash flow from operating activities reached CNY 12,142,578,592, reflecting a 97.81% increase year-on-year[4] - Cash flow from operating activities generated ¥12.14 billion in Q1 2024, compared to ¥6.14 billion in Q1 2023, indicating a growth of 97.5%[21] - The cash flow from investing activities showed a net outflow of ¥9.16 billion in Q1 2024, compared to ¥9.34 billion in Q1 2023, indicating a decrease in investment spending[21] - The net cash flow from investing activities was -$9.28 billion, compared to -$9.25 billion in the previous period[22] - Total cash inflow from financing activities was $36.96 billion, down from $77.82 billion year-over-year[22] - The net cash flow from financing activities was $1.44 billion, a decrease from $4.80 billion in the prior period[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 545,424,371,101, a slight increase of 0.79% from the end of the previous year[5] - The company's total liabilities stood at ¥368.58 billion as of Q1 2024, a slight decrease from ¥369.80 billion in Q1 2023[19] - The total liabilities include short-term borrowings of ¥62,857,106,543 as of March 31, 2024[16] - The company reported a total inventory of ¥9,973,767,566, down from ¥11,899,338,744 in the previous year[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 64,299[11] - The largest shareholder, Huaneng International Power Development Company, holds 5,066,662,118 shares, representing 32.28% of the total shares[11] - The company has not reported any significant changes in shareholder relationships or actions among the top shareholders[12] Segment Performance - The total profit from the coal-fired power segment was CNY 28.25 billion, with a year-on-year increase of 4,151.44%[10] - The profit from the wind power segment was CNY 24.14 billion, reflecting a year-on-year increase of 25.41%[10] - The company reported a significant decrease in fuel costs, contributing to the overall profit growth in domestic operations[8] Other Financial Metrics - The weighted average return on equity rose to 7.07%, an increase of 3.73 percentage points year-on-year[5] - The company's investment income rose to ¥381.22 million in Q1 2024, up from ¥231.67 million in Q1 2023, representing a growth of 64.5%[19] - Research and development expenses increased to ¥205.86 million in Q1 2024 from ¥195.40 million in Q1 2023, a rise of 5.3%[19] Cash and Cash Equivalents - The company's cash and cash equivalents as of March 31, 2024, amount to ¥20,778,929,544, an increase from ¥16,849,857,588 at the end of 2023[16] - Cash and cash equivalents at the end of the period increased to $20.47 billion, compared to $18.02 billion previously[22]