Financial Performance - Total operating revenue for the first quarter of 2022 was RMB 24,981,188 thousand, a decrease of 2.28% compared to the same period last year[7]. - Net profit attributable to shareholders of the listed company was RMB 12,640 thousand, down 98.09% year-on-year[7]. - Basic earnings per share decreased by 98.11% to RMB 0.0008[7]. - The weighted average return on net assets decreased by 0.94 percentage points to 0.02%[7]. - Net profit for Q1 2022 was 316,411 thousand RMB, down 64.39% from 888,712 thousand RMB in Q1 2021[19]. - Operating profit for Q1 2022 was 415,613 thousand RMB, a decline of 60.54% compared to 1,050,164 thousand RMB in Q1 2021[19]. - The total comprehensive income for the period was -179,666 thousand RMB, compared to -154,788 thousand RMB in the previous year[51]. Assets and Liabilities - Total assets at the end of the reporting period were RMB 293,629,338 thousand, a decrease of 2.38% from the end of the previous year[7]. - Total assets decreased to RMB 293,629,338 thousand, down 2.06% from RMB 300,802,190 thousand[13]. - Non-current assets totaled RMB 90,590,641 thousand, a decrease of 0.48% from RMB 91,026,346 thousand[13]. - Current liabilities decreased to RMB 161,491,378 thousand, a reduction of 4.13% from RMB 168,879,341 thousand[13]. - Total liabilities decreased to RMB 195,229,318 thousand, down 3.06% from RMB 202,657,837 thousand[14]. - Owner's equity increased slightly to RMB 98,400,020 thousand, up from RMB 98,144,353 thousand[14]. Cash Flow - Cash flow from operating activities showed a net outflow of RMB 9,204,691 thousand, indicating a significant decline[7]. - Cash inflow from operating activities was 26,167,542 thousand RMB, down 16.8% from 31,271,980 thousand RMB in the same period last year[24]. - Cash outflow from operating activities totaled 35,372,233 thousand RMB, resulting in a net cash flow from operating activities of -9,204,691 thousand RMB, an improvement from -13,436,344 thousand RMB year-over-year[24]. - Cash inflow from investment activities was 2,101,973 thousand RMB, a decrease of 59.3% compared to 5,150,657 thousand RMB in the previous year[25]. - Cash outflow from financing activities totaled 919,163 thousand RMB, resulting in a net cash flow from financing activities of -53,472 thousand RMB, compared to a positive cash flow of 2,525,524 thousand RMB last year[27]. Operational Costs and Expenses - The total cost of operations for Q1 2022 was 24,689,333 thousand RMB, a decrease of 0.86% from 24,903,183 thousand RMB in Q1 2021[18]. - Research and development expenses for Q1 2022 were 855,421 thousand RMB, slightly down from 889,380 thousand RMB in Q1 2021[18]. - Financial expenses for Q1 2022 were 364,927 thousand RMB, an increase from 294,025 thousand RMB in Q1 2021[46]. - The company reported a decrease in investment income to 150,013 thousand RMB in Q1 2022 from 478,158 thousand RMB in Q1 2021[46]. Future Outlook - The company plans to focus on expanding its market presence and enhancing its product offerings in the upcoming quarters[27]. - The company plans to enhance its market expansion strategies and invest in new technologies to drive future growth[54].

年度報告 2020 （ 於中華人民共和國註冊成立的股份有限公司 ） 000 000 NO NEW OFF OF OF ELE F -60 )) WWW.SHANGHAI-ELECTRIC.COM 二零二零年度報告 fy 業績摘要 (M 億元 公司總收入為 ¥ 1,372.85 同比上升 7.67% 公司每股基本收益為 ¥ 25 分 同比上升 8.70% 公司實現歸屬於本公司所有者利潤達 ¥ ¥ 37.58 億元 同比上升 7.34% ¥ 1,855.5 公司新增訂單 億元 同比上升 8.70% 自 董事會建議派發 2020年度末期股息每股人民幣 ¥ 7.178 分 二零二零年度報告 上海電氣集團股份有限公司 02 03 / 董事長致辭 42 / 董事會報告 64 / 重大事項 08 / 公司基本情況 77 / 獨立核數師報告 10 / 五年財務概要 92 / 合併及公司資產負債表 11 / 主要財務數據和指標 96 / 合併及公司利潤表 12 / 股本結構 98 / 合併及公司現金流量表 13 / 權益披露 99 / 合併股東權益變動表 16 / 董事、監事、高級管理人員和員工情況 101 / 公司股東權益變 ...

Financial Performance - Total revenue for the first half of 2020 reached RMB 53.237 billion, an increase of 0.53% compared to the same period last year[11]. - Profit attributable to shareholders for the first half of 2020 was RMB 1.522 billion, a decrease of 17.57% year-on-year[11]. - The company did not propose an interim dividend during the reporting period[11]. - Basic earnings per share were RMB 0.10, down 16.67% from the previous year[176]. - The company achieved total operating revenue of RMB 53.24 billion, an increase of 0.53% compared to the same period last year[191]. - Net profit attributable to shareholders was RMB 1.52 billion, a decrease of 17.57% year-on-year[191]. - The energy equipment segment reported operating revenue of RMB 19.29 billion, up 2.3% year-on-year, with a gross margin of 18.1%, an increase of 2.1 percentage points[193]. - The industrial equipment segment's operating revenue was RMB 20.46 billion, down 0.8% year-on-year, with a gross margin of 16.2%, a decrease of 2.2 percentage points[194]. - The integrated services segment achieved operating revenue of RMB 17.86 billion, an increase of 9.7% year-on-year, with a gross margin of 20.4%, down 1.6 percentage points[195]. Order and Backlog - New orders amounted to RMB 108.84 billion, representing a growth of 40.8% compared to the previous year[11]. - The backlog of orders at the end of the reporting period was RMB 294.37 billion, an increase of 20.5% from the end of the previous year[11]. - Energy equipment accounted for 48.3% of new orders, industrial equipment for 25.1%, and integrated services for 26.6%[11]. Strategic Initiatives - The company is focusing on the development of its "Xingyun Zhihui" industrial internet platform, integrating AI, big data, and cloud computing technologies[13]. - The company aims to enhance its digital ecosystem through a combination of hardware, industrial internet services, and e-commerce[13]. - The company is actively exploring new business models in the era of industrial internet[13]. - The company is focusing on the energy storage industry, leveraging opportunities from new energy consumption and infrastructure development[14]. - The company is advancing its research in lithium battery technology and vanadium flow batteries through its subsidiaries[14]. - The company is focusing on four transformations: digital transformation, product structure transformation, industrial form transformation, and business model transformation, to strengthen its strategic emerging industries in energy storage, new energy, and intelligent manufacturing[189]. Market and Economic Conditions - The impact of COVID-19 has led to significant economic uncertainty, but the company is adjusting its strategies to meet these challenges[13]. - Revenue from mainland China decreased by 2.47% to RMB 43.94 billion, while revenue from other countries and regions increased by 17.64% to RMB 9.30 billion[198]. Research and Development - The company has integrated its smart manufacturing solutions across nearly 100,000 devices, including electric equipment and elevators[14]. - The gas turbine intelligent service system has connected to 8 power plants and 14 units, accumulating a total of 100,000 operational hours[14]. - The company is advancing its research in lithium iron phosphate batteries and all-vanadium flow batteries through its Central Research Institute[179]. International Strategy - The company is advancing its international strategy by winning multiple overseas orders to mitigate the impact of declining domestic thermal power market demand[16]. - The company is committed to expanding its presence in overseas markets and along the "Belt and Road" initiative, positioning itself as a leading global energy engineering contractor[186]. Environmental and Smart Technology Initiatives - The company has secured contracts for smart ammonia optimization projects at the Shaanxi Guohua Jinjie Power Plant, marking its first order in the intelligent ammonia technology sector[14]. - Shanghai Electric has undertaken multiple smart energy demonstration projects, including the "Internet + Smart Energy" project in Chongming, Shanghai[14]. - The company is actively promoting the application of internet technology in distributed energy and new energy sectors[14]. Employee and Governance - As of June 30, 2020, the company employed approximately 34,078 people, an increase from 33,720 people a year earlier[49]. - The company has implemented various employee incentive plans and training programs to enhance performance and development[49]. - The board of directors confirmed compliance with the corporate governance policies and regulations during the reporting period[60]. Financial Position - Total assets as of June 30, 2020, were RMB 289.05 billion, an increase of 3.04% from the end of the previous year[32]. - Total liabilities increased to RMB 192.57 billion, a growth of 1.93% compared to the end of the previous year[36]. - The company's cash flow from operating activities was negative RMB 16.03 billion, compared to negative RMB 10.22 billion in the same period last year[32].