2022-04-21 16:00Financial Performance - The total operating revenue for Q1 2022 was RMB 227.3 billion, representing a 14.6% increase compared to RMB 198.4 billion in Q1 2021[3] - Main business revenue reached RMB 193.8 billion, up 9.1% from RMB 177.7 billion in the same period last year[3] - Net profit attributable to shareholders of the parent company was RMB 25.6 billion, a 6.5% increase from RMB 24.1 billion in Q1 2021[3] - EBITDA for Q1 2022 was RMB 76.1 billion, reflecting a 5.6% growth from RMB 72.1 billion in Q1 2021[4] - The net profit attributable to shareholders of the parent company for Q1 2022 was RMB 25.6 billion, a year-on-year increase of 6.5%, with a net profit margin of 11.3%[14] - The company recorded a total profit of RMB 33,642 million, up from RMB 31,483 million in the same quarter of the previous year[18] Cash Flow and Investments - The net cash flow from operating activities was RMB 77.8 billion, a slight increase of 2.0% from RMB 76.3 billion in Q1 2021[3] - The cash flow from operating activities was RMB 77,770 million, slightly up from RMB 76,272 million in Q1 2021[20] - The company reported a net increase in cash and cash equivalents of RMB 39,171 million, compared to RMB 44,478 million in the previous year[21] - The total investment cash outflow was RMB 138,435 million, an increase from RMB 104,033 million in Q1 2021[20] - The cash inflow from investment activities was RMB 118,018 million, compared to RMB 96,371 million in the same period last year[20] Assets and Liabilities - Total assets as of March 31, 2022, were RMB 1,845.5 billion, up 2.2% from RMB 1,806.0 billion at the end of 2021[3] - The total liabilities decreased from RMB 631.0 billion at the end of 2021 to RMB 594.7 billion as of March 31, 2022[17] - The equity attributable to shareholders of the parent company increased from RMB 1,171.1 billion at the end of 2021 to RMB 1,246.9 billion as of March 31, 2022[17] Customer Metrics - As of March 31, 2022, the total number of mobile customers reached approximately 967 million, with 467 million 5G package customers and 233 million 5G network customers, indicating a continuous optimization of customer structure[12] - In Q1 2022, mobile ARPU was RMB 47.5, a year-on-year increase of 0.3%, while the total call minutes were 708.6 billion minutes, a decrease of 1.1% year-on-year[13] - The total number of wired broadband customers reached 249 million, with a net increase of 8.99 million in the quarter, and the wired broadband ARPU was RMB 32.4, a year-on-year increase of 1.8%[14] Research and Development - Research and development expenses increased to RMB 2,339 million, representing a 36.1% rise from RMB 1,718 million in Q1 2021[18] Business Outlook - The company aims to maintain a good growth trajectory for main business revenue and net profit throughout the year, leveraging 5G deployment and resource optimization[14] Other Financial Metrics - The weighted average return on equity was 2.1%, slightly up from 2.0% in the previous year[4] - The basic and diluted earnings per share for Q1 2022 were both RMB 1.20, compared to RMB 1.17 in Q1 2021[19] - Non-recurring gains and losses attributable to shareholders of the parent company amounted to RMB 16.24 billion[5] - The company experienced a foreign exchange loss of RMB 55 million, contrasting with a gain of RMB 107 million in Q1 2021[21]