晋控电力(000767) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥4,616,809,029.16, a decrease of 15.80% compared to ¥5,482,884,068.50 in the same period last year[5] - The net profit attributable to shareholders was -¥508,120,404.84, representing a decline of 260.05% from -¥140,297,619.89 in the previous year[5] - The basic and diluted earnings per share were both -¥0.2177, a decrease of 121.24% compared to -¥0.0982 in the same period last year[5] - Net profit for Q1 2024 was a loss of ¥618,988,026.57, compared to a loss of ¥166,669,279.67 in Q1 2023, indicating a significant increase in losses[22] - The total comprehensive income attributable to the parent company was -508,120,404.84 CNY, compared to -141,126,555.17 CNY in the previous period, indicating a significant decline[23] Assets and Liabilities - The total assets at the end of Q1 2024 were ¥60,115,706,582.96, a decrease of 0.66% from ¥60,514,433,347.44 at the end of the previous year[5] - Total liabilities increased to ¥50,051,273,541.64 in Q1 2024 from ¥49,706,044,478.70 in the previous quarter[19] - Long-term borrowings rose to ¥22,851,483,214.08 in Q1 2024, compared to ¥21,891,762,665.15 in the previous quarter, reflecting a 4.36% increase[19] - The company's equity attributable to shareholders decreased to ¥10,478,472,245.89 from ¥11,117,957,634.63, indicating a decline in shareholder value[19] Cash Flow - Cash flow from operating activities showed a net outflow of -¥425,403,675.16, an improvement of 4.46% compared to -¥445,277,169.04 in the previous year[5] - Cash inflow from operating activities totaled 5,009,847,409.43 CNY, down from 5,233,292,878.24 CNY in the previous period[24] - Cash outflow from operating activities was 5,435,251,084.59 CNY, compared to 5,678,570,047.28 CNY last year[24] - Net cash flow from investing activities was -384,758,564.62 CNY, an improvement from -557,371,617.13 CNY in the previous period[26] - Cash inflow from financing activities was 6,466,193,049.37 CNY, up from 5,792,941,396.85 CNY year-over-year[26] - Net cash flow from financing activities was 1,150,879,796.78 CNY, down from 1,545,914,760.61 CNY in the previous period[26] - The ending balance of cash and cash equivalents was 6,631,565,258.61 CNY, compared to 7,414,043,276.00 CNY at the end of the previous period[26] Research and Development - Research and development expenses for the period amounted to ¥3,310,515.52, an increase of 57.05% compared to ¥2,107,918.10 in the previous year, indicating increased investment in R&D[9] - Research and development expenses increased to ¥3,310,515.52 in Q1 2024 from ¥2,107,918.10 in Q1 2023, highlighting a focus on innovation[21] Shareholder Information - The total number of common shareholders at the end of the reporting period was 112,383[13] - The largest shareholder, Jinneng Holding Coal Industry Group, holds 29.43% of shares, totaling 905,653,810 shares[13] - The top ten shareholders include several state-owned entities, indicating a strong government influence in the company's ownership structure[14] - The report indicates that the actual controller of the company is the State-owned Assets Supervision and Administration Commission of the Shanxi Provincial Government, highlighting the connection between the government and the company[14] Investment Income - The company reported a significant increase in investment income, which reached ¥34,475,500, up 1,300.08% from ¥2,462,400 in the same period last year[9] - The company's investment income increased to ¥34,475,500.00 in Q1 2024 from ¥2,462,400.00 in Q1 2023, showing a substantial improvement[22] Other Financial Metrics - Total operating costs for Q1 2024 were ¥5,255,555,848.03, down 6.56% from ¥5,627,458,646.82 in Q1 2023[21] - The company's cash paid for fixed assets, intangible assets, and other long-term assets was ¥384,758,564.62, a decrease of 30.97% from ¥557,371,617.13 in the previous year[11] - The company's cash and cash equivalents increased to ¥7,249,777,258.62 from ¥6,947,799,701.62, reflecting a growth of approximately 4.35%[17] - Accounts receivable decreased slightly to ¥8,382,780,704.69 from ¥8,455,419,932.12, a decline of about 0.86%[17] - Inventory decreased to ¥1,280,119,682.41 from ¥1,415,977,514.69, representing a decrease of approximately 9.51%[17] - The total current assets amounted to ¥19,043,249,695.91, showing a marginal decrease from ¥19,060,105,897.24[17] Audit Status - The first quarter report was not audited[27]