国投电力(600886) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥13,255,789,154.28, representing a year-on-year increase of 20.05%[4] - The net profit attributable to shareholders was ¥1,613,692,031.23, reflecting a significant increase of 55.53% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,606,042,420.18, up by 61.39% year-on-year[4] - Basic earnings per share for the period were ¥0.2105, an increase of 58.51% year-on-year[5] - Net profit for Q1 2023 was ¥2,993,565,250.42, representing a 55.3% increase compared to ¥1,928,590,526.85 in Q1 2022[18] - Total profit for Q1 2023 was ¥3,528,763,144.88, a significant increase from ¥2,286,159,449.68 in Q1 2022[18] Cash Flow - The net cash flow from operating activities reached ¥4,779,319,136.58, marking a 30.48% increase from the previous year[4] - Cash flow from operating activities for Q1 2023 was ¥4,779,319,136.58, an increase from ¥3,662,802,272.40 in Q1 2022[20] - The company achieved a total cash inflow from operating activities of ¥13,634,602,973.76, compared to ¥10,709,655,842.02 in the previous year[20] - Cash inflow from investment activities totaled $173.71 million, a decrease from$188.35 million in the previous year[21] - Net cash flow from financing activities was -$951.53 million, compared to a positive cash flow of$774.41 million in the same quarter last year[21] - Cash and cash equivalents at the end of the period amounted to $11.75 billion, an increase from$10.56 billion year-over-year[21] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥261,528,171,219.58, a 1.27% increase from the end of the previous year[5] - The total liabilities amounted to ¥164,828,058,965.41, which is relatively stable compared to ¥164,630,020,887.09 from the previous period[15] - Long-term borrowings rose to ¥112,827,556,561.02 from ¥106,364,045,546.78, indicating an increase of 6.4%[15] - The total equity attributable to shareholders increased to ¥56,165,830,850.08 from ¥54,516,693,442.16, reflecting a growth of 3.0%[15] Current Assets - As of March 31, 2023, the total current assets amounted to ¥25,520,107,432.24, an increase of 9.3% from ¥23,321,766,197.47 on December 31, 2022[13] - The company's cash and cash equivalents reached ¥12,057,089,203.32, up from ¥11,638,780,970.46, reflecting a growth of 3.6%[13] - Accounts receivable increased significantly to ¥10,322,559,665.80, compared to ¥8,971,517,786.07, marking a rise of 15.1%[13] - The inventory level was reported at ¥1,254,495,298.16, showing a slight increase from ¥1,217,472,605.40[13] - The company’s other current assets increased significantly to ¥556,680,838.34 from ¥255,798,428.32, representing a growth of 117.5%[13] Investment and Expenses - Investment income surged by 877.51% as a result of increased earnings from joint ventures and associates[7] - Research and development expenses rose to ¥4,412,015.36, compared to ¥3,997,072.87 in the same period last year[17] - The company reported a tax expense of ¥535,197,894.46 for Q1 2023, compared to ¥357,568,922.83 in Q1 2022[18] - Other comprehensive income after tax for Q1 2023 was ¥19,689,492.25, down from ¥28,117,828.61 in Q1 2022[18] Cash Management - Cash outflow for the acquisition of fixed assets, intangible assets, and other long-term assets was $3.41 billion, up from$2.06 billion year-over-year[21] - Cash outflow for debt repayment was $9.07 billion, compared to$7.08 billion in the same quarter last year[21] - The company received $70.21 million in investment income, down from$140.39 million year-over-year[21] - The net cash flow from investment activities was -$3.47 billion, worsening from -$2.52 billion in the previous year[21] - The impact of exchange rate changes on cash and cash equivalents was a positive $8.44 million, contrasting with a negative impact of$12.86 million in the previous year[21]