Financial Performance - Total revenue for Q1 2022 reached CNY 48.15 billion, a slight increase from CNY 47.86 billion in Q1 2021, representing a growth of approximately 0.6%[9] - Operating profit for Q1 2022 was CNY 3.69 billion, down from CNY 4.12 billion in Q1 2021, indicating a decrease of about 10.4%[10] - Net profit attributable to shareholders for Q1 2022 was CNY 1.76 billion, compared to CNY 1.98 billion in Q1 2021, reflecting a decline of approximately 11.0%[10] - Net profit for the first quarter of 2022 was RMB 446.86 million, compared to RMB 196.26 million in the same period of 2021, showing an increase of about 128.5%[46] - Operating income for the first quarter of 2022 was RMB 118.07 million, up from RMB 92.13 million in the first quarter of 2021, representing a growth of approximately 28.2%[45] Assets and Liabilities - As of March 31, 2022, the total current assets amounted to RMB 169.95 billion, an increase from RMB 149.85 billion as of December 31, 2021, representing a growth of approximately 13.4%[5] - Total assets as of March 31, 2022, amounted to CNY 483.29 billion, an increase from CNY 461.30 billion as of December 31, 2021, showing a growth of about 4.8%[8] - Total liabilities increased to CNY 297.67 billion as of March 31, 2022, from CNY 282.64 billion at the end of 2021, marking an increase of approximately 5.3%[7] - Current liabilities rose to CNY 29.45 billion, up from CNY 23.01 billion, indicating an increase of about 28.8%[18] - The total liabilities increased to CNY 67.27 billion from CNY 57.27 billion, reflecting a rise of approximately 17.5%[44] Cash Flow - For the three months ended March 31, 2022, the net cash flow from operating activities was -6,702,113,874.87 RMB, compared to -2,167,033,430.58 RMB for the same period in 2021, indicating a significant decline in operational cash flow[12]. - The total cash inflow from investment activities was 5,740,003,042.23 RMB in Q1 2022, up from 2,215,829,152.55 RMB in Q1 2021, reflecting an increase of approximately 159.5%[13]. - Cash outflow from investment activities rose to 9,425,795,532.08 RMB in Q1 2022, compared to 6,843,076,899.42 RMB in Q1 2021, marking an increase of about 37.5%[13]. - The net cash flow from financing activities increased to 18,987,953,214.47 RMB in Q1 2022, compared to 10,373,131,651.10 RMB in Q1 2021, representing an increase of approximately 83.5%[14]. - The total cash inflow for operating activities in Q1 2022 was CNY 13,579,758.93, reflecting a positive trend in operational performance[47] Investments and Financing - The total amount of short-term financing bonds issued in 2022 was RMB 2 billion, with a maturity of 210 days and an interest rate of 2.00%[1] - The first medium-term note issued in 2022 totaled RMB 2 billion with a 3-year term and an interest rate of 2.85%[2] - The second medium-term note issued in 2022 also amounted to RMB 2 billion, with a 3-year term and an interest rate of 2.75%[2] - The first perpetual corporate bond issued in 2022 had a total issuance size of RMB 2 billion, with a base term of 3 years and an interest rate of 2.99%[3] - The company has been approved to publicly issue corporate bonds totaling up to RMB 20 billion within a 24-month period starting from October 29, 2020[2] Research and Development - Research and development expenses for Q1 2022 were CNY 823.71 million, down from CNY 918.20 million in Q1 2021, indicating a decrease of approximately 10.3%[9] - Research and development expenses for the first quarter of 2022 were RMB 94.36 million, compared to RMB 84.90 million in the same period of 2021, indicating an increase of about 11.5%[45] Equity - Total equity attributable to shareholders increased to CNY 75.77 billion as of March 31, 2022, from CNY 74.93 billion as of December 31, 2021, representing a growth of about 1.1%[19] - The total equity attributable to shareholders increased to RMB 122.16 billion from RMB 118.83 billion, marking a growth of around 2.8%[33]
中国建材(03323) - 2022 Q1 - 季度财报