京能热力(002893) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥654,009,183.77, a slight increase of 0.18% compared to ¥652,854,539.78 in the same period last year[4] - Net profit attributable to shareholders was ¥177,420,668.95, representing a growth of 4.53% from ¥169,739,081.48 year-over-year[4] - Basic and diluted earnings per share fell by 20.24% to ¥0.67 from ¥0.84 in the same period last year[4] - Net profit for Q1 2024 was CNY 180,535,970.26, up from CNY 171,572,428.76, indicating an increase of approximately 5.6% year-over-year[21] - The total equity attributable to shareholders increased to CNY 1,305,722,600.50 from CNY 1,128,301,931.55, marking a growth of approximately 15.7%[21] Cash Flow and Financing Activities - The net cash flow from operating activities decreased significantly by 75.56%, amounting to -¥316,897,236.38, compared to -¥180,501,482.46 in the previous year[4] - In Q1 2024, the net cash flow from financing activities was -¥78,102,964, compared to ¥14,449,933.73 in the previous period[24] - The company reported cash outflows from financing activities totaling ¥158,102,964, compared to ¥65,550,066.27 in the previous period[24] - The company received cash inflows from financing activities totaling ¥80,000,000 in Q1 2024[24] - The cash dividends and interest payments amounted to ¥717,866.76, significantly lower than ¥5,359,316.67 in the previous period[24] Assets and Liabilities - Total assets decreased by 11.88% to ¥2,120,695,484.17 from ¥2,406,500,290.67 at the end of the previous year[4] - Current assets decreased from RMB 1,374.3 million to RMB 1,111.0 million, a decline of about 19.2%[15] - The company’s total liabilities decreased from RMB 1,052.6 million to RMB 595.4 million, indicating a significant reduction in financial obligations[15] - The company's total liabilities decreased to CNY 804,932,650.42 from CNY 1,271,273,427.18, a reduction of about 36.7%[21] Accounts and Receivables - Accounts receivable rose by 43.22% to reflect increased heating fees confirmed at the end of the heating season[8] - The company experienced a 114.94% rise in credit impairment losses, attributed to increased receivables from heating fees[9] - Contract liabilities decreased by 93.04% as the company recognized previously received heating fees as current income during the heating period[8] - Accounts receivable increased from RMB 337.4 million to RMB 483.2 million, an increase of about 43.2%[15] Inventory and Assets Management - The company reported a significant decrease in inventory from RMB 40.6 million to RMB 28.9 million, a decline of about 28.9%[15] - The company’s long-term assets decreased from RMB 1,032.2 million to RMB 1,009.7 million, a reduction of approximately 2.2%[15] - Cash and cash equivalents decreased from RMB 820.1 million to RMB 424.3 million, a drop of approximately 48.2%[15] - The total cash outflow from investing activities was CNY -819,167.35, compared to CNY -5,220,202.25 in the previous year, showing an improvement in cash flow management[23] Other Financial Information - The registered capital of Beijing Jingneng Heat Power Co., Ltd. increased from RMB 202.8 million to RMB 263.64 million[14] - Research and development expenses for Q1 2024 were CNY 2,310,012.66, slightly down from CNY 2,406,648.71, indicating a decrease of about 4%[20] - The report was issued by the board of directors on April 27, 2024[27] - The Q1 2024 report was not audited[26] - The company has not undergone any significant impact on its financial statements due to the new accounting standards effective from January 1, 2024[25] - The company has not reported any major changes in its financial reporting due to the new accounting interpretations[25]