新集能源(601918) - 2017 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter was ¥1,811,991,272.00, representing a significant increase of 51.47% year-on-year [12]. - Net profit attributable to shareholders was ¥182,289,192.01, a turnaround from a loss of ¥21,845,001.63 in the same period last year [5]. - The company's operating revenue for the current period reached ¥1,630,797,227.43, an increase of 25.9% compared to ¥1,294,929,114.39 in the previous period [30]. - The net profit for the current period was ¥78,095,431.54, a significant turnaround from a net loss of ¥184,586,452.72 in the previous period [30]. - The operating profit improved to ¥60,124,011.54, compared to an operating loss of ¥195,626,726.05 in the previous period [30]. - Net profit for Q1 2017 was CNY 211,073,790.21, a turnaround from a net loss of CNY 22,072,333.37 in Q1 2016 [28]. - Earnings per share (EPS) for Q1 2017 was CNY 0.070, compared to a loss per share of CNY 0.008 in the previous year [29]. Cash Flow - Cash flow from operating activities increased by 144.86% to ¥578,400,157.60 compared to the previous year [5]. - Net cash flow from operating activities in Q1 2017 was CNY 578.40 million, an increase of CNY 342.18 million or 144.86% year-on-year, driven by a 38.90% increase in cash received from sales due to rising coal prices [14]. - The cash inflow from sales of goods and services was 1,299,205,200.48 RMB, up from 1,207,664,906.25 RMB, reflecting an increase of approximately 7.6% [36]. - The cash paid to employees decreased to 258,322,856.48 RMB from 349,600,774.99 RMB, a reduction of about 26.1% [36]. - The cash paid for taxes decreased to 41,281,915.60 RMB from 66,149,046.62 RMB, indicating a decline of approximately 37.5% [36]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥31,442,101,920.89, a slight increase of 0.09% compared to the end of the previous year [5]. - The total liabilities as of March 31, 2017, were CNY 26.19 billion, down from CNY 26.52 billion at the beginning of the year [22]. - The company's equity attributable to shareholders increased to CNY 4.76 billion from CNY 4.51 billion at the beginning of the year [22]. - Current assets totaled CNY 2.61 billion as of March 31, 2017, compared to CNY 2.35 billion at the beginning of the year [20]. - Total liabilities rose to CNY 18,005,479,986.37, compared to CNY 17,647,140,784.78 in the same period last year [26]. Shareholder Information - The number of shareholders at the end of the reporting period was 213,637 [9]. - The subsidiary Banjic Power Plant contributed to the increase in minority shareholders' equity by ¥118,784,600.00, a growth of 31.59% [11]. Government and Financial Support - The company received government subsidies amounting to ¥17,846,500.00, which are closely related to its normal business operations [7]. - Financial expenses for Q1 2017 were CNY 239.03 million, up CNY 59.87 million or 33.42% year-on-year, mainly due to the suspension of interest capitalization on certain projects [13]. Investment Performance - Investment income in Q1 2017 was a loss of CNY 6.86 million, a decrease of CNY 23.72 million year-on-year, attributed to a significant reduction in profits from the company's joint venture [13]. - Investment income surged to ¥308,751,203.44, compared to ¥16,865,800.00 in the previous period, indicating strong performance in investments [30].