Financial Performance - Operating revenue for Q1 2022 was CNY 6,333,782,761.29, an increase of 16.75% compared to CNY 5,297,352,650.90 in the same period last year[3]. - Net profit attributable to shareholders was CNY 937,481,286.59, a decrease of 7.36% from CNY 1,011,944,781.17 in the previous year[3]. - Basic and diluted earnings per share were both CNY 0.22, down 15.38% from CNY 0.26 in the same period last year[3]. - The decrease in net profit was primarily due to reduced available hours for wind power generation compared to the same period last year[6]. - Non-recurring profit and loss attributable to shareholders decreased by 7.31% due to similar reasons affecting net profit[6]. - The company reported a net profit margin improvement, with net profit for Q1 2022 showing a significant increase compared to the same period last year, although specific figures were not disclosed[21]. - In Q1 2022, the company's net profit was CNY 1,152,050,309.76, a decrease of 10.2% from CNY 1,283,457,602.94 in Q1 2021[24]. - The total comprehensive income for Q1 2022 was CNY 1,152,050,309.76, down from CNY 1,283,457,602.94 in Q1 2021, reflecting a decrease of 10.2%[26]. Cash Flow and Assets - Net cash flow from operating activities decreased by 29.73% to CNY 987,292,399.19 from CNY 1,405,087,214.10 year-on-year[3]. - The company's cash and cash equivalents decreased to ¥3,500,517,745.44 from ¥4,955,847,636.66, a decline of approximately 29.4%[17]. - The ending cash and cash equivalents balance for Q1 2022 was ¥5,718,805,301.81, a decrease from ¥2,957,632,699.27 in Q1 2021[36]. - The total cash outflow from investing activities in Q1 2022 was ¥1,191,899,955.97, down 36% from ¥1,860,070,203.13 in Q1 2021[35]. - The cash inflow from investment activities in Q1 2022 was ¥35,154,698.01, significantly higher than ¥17,032,769.51 in Q1 2021[35]. - The cash outflow for purchasing fixed assets and intangible assets in Q1 2022 was ¥1,094,534,301.42, down from ¥1,850,711,992.88 in Q1 2021[35]. - The net increase in cash and cash equivalents for Q1 2022 was -¥1,814,279,413.75, contrasting with an increase of ¥1,094,191,252.54 in Q1 2021[36]. Shareholder Information - As of March 31, 2022, the total number of shareholders was 48,938, with 47,694 A-share shareholders and 1,244 H-share shareholders[7]. - The top shareholder, Hebei Construction Investment Group Co., Ltd., holds 2,058,841,253 shares, representing 49.17% of the total shares[8]. - The second-largest shareholder, HKSCC Nominees Limited, holds 1,835,696,285 shares, accounting for 43.84% of the total shares[8]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 71,295,241,205.74, a decrease of 1.08% from CNY 72,077,013,277.00 at the end of the previous year[3]. - Total current assets as of March 31, 2022, amounted to ¥15,044,776,723.44, a decrease from ¥16,005,927,059.79 as of December 31, 2021[12]. - Total non-current assets as of March 31, 2022, were ¥56,250,464,482.30, slightly up from ¥56,071,086,217.21 as of December 31, 2021[13]. - Total liabilities as of March 31, 2022, included short-term borrowings and accounts payable, indicating a focus on managing debt levels[14]. - The total liabilities as of March 31, 2022, amounted to ¥47,127,338,851.92, a decrease from ¥48,153,452,750.53 as of December 31, 2021, reflecting a reduction of approximately 2.1%[16]. - Long-term borrowings rose to ¥29,986,718,379.62 from ¥28,705,566,379.15, an increase of approximately 4.5%[16]. - The total non-current liabilities increased to ¥32,317,859,393.01 from ¥31,091,540,486.85, reflecting an increase of approximately 3.9%[16]. Operational Insights - The company has made retrospective adjustments to revenue and amortization amounts based on new accounting standards issued by the Ministry of Finance[3]. - The company has not disclosed any significant new strategies or product developments during this reporting period[11]. - The company's operating expenses in Q1 2022 included CNY 12,561,695.19 in management expenses, down from CNY 22,577,218.32 in Q1 2021, showing a reduction of 44.4%[28]. - The company plans to expand its market presence and invest in new technologies, although detailed figures and timelines were not provided during the call[21].
新天绿色能源(00956) - 2022 Q1 - 季度财报