DHEP(SH:600744)2024-04-26 12:21Financial Performance - The company's operating revenue for Q1 2024 was CNY 2,195,753,717.94, a decrease of 17.52% compared to the same period last year[5]. - Total operating revenue for Q1 2024 was CNY 2,195,753,717.94, a decrease of 17.5% compared to CNY 2,662,185,232.18 in Q1 2023[20]. - Total operating costs for Q1 2024 were CNY 2,197,754,612.02, down 20.5% from CNY 2,765,611,130.76 in Q1 2023[20]. - Net profit for Q1 2024 was CNY 9,496,046.68, a significant recovery from a net loss of CNY 101,074,825.63 in Q1 2023[22]. - The company reported a gross profit margin of approximately 0.07% in Q1 2024, compared to a negative margin in Q1 2023[20]. - Earnings per share for Q1 2024 were CNY 0.004, compared to a loss per share of CNY 0.05 in Q1 2023[22]. - Operating profit for Q1 2024 was -¥89,062,070.41, an improvement from -¥139,868,035.46 in Q1 2023[29]. - Net profit for Q1 2024 was -¥87,989,522.08, compared to -¥138,830,868.77 in Q1 2023, indicating a reduction in losses[30]. Cash Flow - The net cash flow from operating activities increased significantly by 866.73%, reaching CNY 710,129,563.75[5]. - In Q1 2024, the net cash flow from operating activities was RMB 710,129,563.75, a significant increase from RMB 73,456,562.62 in Q1 2023, representing a growth of 867.5%[23]. - Total cash inflow from operating activities was RMB 2,676,372,600.14, while cash outflow was RMB 1,966,243,036.39, resulting in a net cash inflow of RMB 710,129,563.75[24]. - Cash flow from operating activities for Q1 2024 was ¥250,145,422.58, a significant improvement from -¥889,186,541.45 in Q1 2023[31]. - The company achieved a total cash inflow from operating activities of ¥1,283,664,260.19 in Q1 2024, slightly up from ¥1,245,322,563.23 in Q1 2023[30]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 24,248,615,162.47, reflecting a 0.79% increase from the end of the previous year[6]. - The company's total assets amounted to RMB 24,248,615,162.47, an increase from RMB 24,059,743,085.26 on March 31, 2023, reflecting a growth of approximately 0.79%[15]. - Total liabilities as of Q1 2024 amounted to CNY 22,381,647,271.64, slightly up from CNY 22,233,079,879.80 in the previous year[18]. - The company's total liabilities decreased to RMB 12,163,290,327.87 from RMB 12,610,081,361.01 at the end of 2023[28]. - The total equity of the company decreased to RMB 2,099,329,247.52 from RMB 2,184,184,618.13 at the end of 2023[28]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 139,825[10]. - The company has not reported any significant changes in the participation of major shareholders in financing or securities lending activities[13]. Inventory and Receivables - Accounts receivable financing rose by 66.21% due to the inclusion of bank acceptance bills in electricity revenue[9]. - Accounts receivable decreased to RMB 1,596,142,474.00 from RMB 1,827,172,244.54, representing a decline of approximately 12.63%[15]. - Inventory decreased by 30.38% as the company reduced stock levels and consumed part of the initial coal inventory[9]. - Inventory levels were reported at RMB 402,837,560.38, down from RMB 578,601,070.13, showing a reduction of about 30.39%[16]. - The company reported a decrease in accounts receivable to RMB 638,084,217.47 from RMB 843,730,066.73 in the previous year, a decline of 24.3%[27]. Financing Activities - The company issued CNY 500 million in medium-term notes, contributing to a 30.82% increase in cash and cash equivalents[9]. - The company reported a cash inflow from financing activities of RMB 3,230,803,323.95, compared to RMB 3,181,240,000.00 in the same period last year, indicating a growth of 1.5%[24]. - Cash inflow from financing activities in Q1 2024 was ¥2,497,800,000.00, an increase from ¥2,261,700,000.00 in Q1 2023[31]. - Cash outflow for debt repayment in Q1 2024 was ¥2,276,298,915.05, compared to ¥1,793,802,763.14 in Q1 2023[31]. Investment Activities - The company reported investment income of CNY 14,254,320.53 in Q1 2024, with significant contributions from joint ventures[21]. - The net cash flow from investing activities was -RMB 764,140,933.18, worsening from -RMB 144,217,823.69 in Q1 2023[24]. - Investment activities resulted in a net cash outflow of -¥221,682,554.18 in Q1 2024, compared to -¥64,748,983.05 in Q1 2023[31].