湖北能源(000883) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥5,205,536,997.96, an increase of 27.19% compared to ¥4,092,727,445.60 in the same period last year[3]. - Net profit attributable to shareholders was ¥779,683,328.22, representing a significant increase of 150.98% from ¥310,655,462.20 year-on-year[3]. - The net profit after deducting non-recurring gains and losses was ¥753,794,597.67, up 187.55% from ¥262,143,740.37 in the previous year[3]. - The total operating profit for Q1 2024 was CNY 1,157,855,522.50, compared to CNY 440,076,027.54 in the same period last year, indicating an increase of about 163.3%[20]. - The company's total comprehensive income for Q1 2024 reached CNY 968,480,021.49, up from CNY 377,463,490.98 in Q1 2023, reflecting a growth of approximately 156.5%[21]. - Basic and diluted earnings per share for Q1 2024 were both CNY 0.12, compared to CNY 0.05 in Q1 2023, marking an increase of 140%[21]. - The company reported a total profit of CNY 1,159,876,867.90 for Q1 2024, significantly higher than CNY 477,341,494.88 in Q1 2023, which is an increase of approximately 132.5%[20]. Cash Flow - The company's cash flow from operating activities was ¥2,317,560,545.62, a slight increase of 1.31% compared to ¥2,287,620,428.94 in the same period last year[3]. - Cash flow from operating activities amounted to CNY 14,017,817,805.41 in Q1 2024, compared to CNY 12,961,397,334.94 in Q1 2023, representing a growth of about 8.1%[22]. - The net cash flow from operating activities for Q1 2024 was CNY 2,317,560,545.62, a slight increase from CNY 2,287,620,428.94 in Q1 2023, reflecting a growth of approximately 1.06%[23]. - Total cash inflow from operating activities amounted to CNY 14,070,769,571.68, compared to CNY 13,044,644,514.82 in the previous year, indicating an increase of about 7.87%[23]. - Cash outflow from operating activities totaled CNY 11,753,209,026.06, up from CNY 10,757,024,085.88, representing an increase of approximately 9.25%[23]. Assets and Liabilities - Total assets at the end of the reporting period were ¥94,922,972,565.19, reflecting a growth of 3.98% from ¥91,290,338,313.36 at the end of the previous year[3]. - Non-current liabilities rose to CNY 34,805,341,995.15 from CNY 31,770,743,724.05, marking an increase of 9.6%[19]. - The total equity attributable to shareholders increased to CNY 33,050,416,326.49 from CNY 32,237,212,005.36, reflecting a growth of 2.5%[19]. - The inventory level rose to CNY 807,392,612.91 from CNY 717,228,704.29, indicating an increase of 12.5%[18]. - The company reported a decrease in short-term borrowings to CNY 3,114,054,453.83 from CNY 3,297,447,952.73, a decline of 5.6%[19]. - The long-term borrowings increased to CNY 28,904,088,046.17 from CNY 26,076,792,900.36, showing an increase of 10.8%[19]. Investment and Projects - The total investment for the Hubei Nanzhang Pumped Storage Power Station project is approved to be no more than 10.805 billion RMB, with a capital contribution of up to 2.161 billion RMB from the company[14]. - The company signed management contracts for the construction of the Hubei Changyang Qingjiang and Hubei Nanzhang pumped storage projects, with contract fees not exceeding 245.32 million RMB and 343.58 million RMB respectively[15]. - The company agreed to transfer 529,609,894 shares of Changjiang Securities at a price of 8.2 RMB per share, resulting in a complete divestment from Changjiang Securities[16]. Tax and Expenses - The company reported a significant increase in tax expenses, which amounted to ¥42,456,683.62, a 90.24% increase from ¥22,317,289.28 year-on-year[8]. - The company's operating costs for Q1 2024 were ¥3,726,503,297.01, an increase of 7.97% from ¥3,451,534,845.56 in the same period last year[6]. - The total operating costs for Q1 2024 amounted to CNY 4,166,395,065.11, up from CNY 3,787,038,624.19, reflecting a year-over-year increase of 10.0%[19]. - The interest expenses for Q1 2024 were CNY 257,773,806.18, compared to CNY 191,890,541.99 in Q1 2023, reflecting an increase of about 34.3%[20]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 77,792[10]. Other Financial Metrics - The weighted average return on equity increased to 2.39%, up from 0.99% in the same period last year[3]. - The company's cash and cash equivalents at the end of the period were ¥2,776,960,681.84, a 70.90% increase from ¥1,624,897,762.96 at the beginning of the year[7]. - Accounts receivable decreased to CNY 4,594,665,840.14 from CNY 4,740,249,486.85, indicating a reduction of 3.1%[18]. - The company's investment income for Q1 2024 was CNY 90,645,724.48, down from CNY 114,848,988.70 in Q1 2023, indicating a decrease of approximately 21%[20]. - The company's cash and cash equivalents increased to 2.78 billion RMB at the end of the period, compared to 1.62 billion RMB at the beginning[17]. - The ending balance of cash and cash equivalents was CNY 2,610,064,459.41, a decrease from CNY 4,844,722,466.23 in the previous year[23]. - The company did not undergo an audit for the Q1 2024 report[24].